Business Hilights

Tracking Nigeria's Headline Business News Online

Telecoms Infrastructure Companies (Infracos)

NCC Atcon visit
ICT

InfraCos prefer Executive Order to block states’ multiple taxation

…As NCC’s N65bn subsidies are for delivered jobs Latest policy position of the telecoms regulator, the Nigerian Communications Commission (NCC), that the yet to be approved N65bn support subsidies for licensed telecoms Infrastructure Companies (InfraCos) can only be accessed on…

Subsea cables
ICT

Why incoming Google subsea data cable, Equiano’ll first land in Nigeria

…Even as investments in Terrestrial fibre continue to hang in balance More details emerged weekend explaining why the incoming Google submarine cable system designed to shuttle high-speed data between Africa and Europe is slated to land first in Nigeria. Business…

Fashola latest
ICT

Fashola lied saying telcos are laying fibre across Nigeria with ease—ALTON

Contrary to the multiple challenges that have crippled licenced telecoms Infrastructure Companies (Infracos) in rolling out fibre optics cables to drive broadband penetration, the Minister of Power, Works and Housing, Babatunde Fashola on Thursday, claimed laying of fibre cables are…

Broadband Fibre-Optic-Cable
ICT

Minister dumps Infracos, sees $100m Indian loan as catalyst for 70% BP by 2021

Just as the December 2018 claims by the Nigerian Communications Commission (NCC) that Nigeria has achieved 30.9 per cent Broadband Penetration (BP), has remained very hard for industry stakeholders to agree, strong indication emerged weekend revealing that the Federal Government…