Business Hilights

Tracking Nigeria's Headline Business News Online

ICT

mast 1
ICT

Telecoms services coming back to N/East, masts rising

Communications respite will soon come the way of residents in the troubled North East following the dislodging of insurgents by the Nigerian forces. The development is therefore encouraging several telecoms tower operators to commence the rebuilding of destroyed towers and…

Adebayo Shittu
ICT

80% mobile data usage in 5 years possible—Omoniyi

Managing director and chief executive officer of VDT Communications, Mr. Biodun Omoniyi has said that there would be 80% mobile data subscription growth in the next five years. He made the projection during a presentation at special reception organised by…

ICT

Digitization: IntelSat 36 Satellite begins digital services this week

Ahead of beating the June 2017 deadline for digital migration in Nigeria, Intelsat has announced that its Intelsat 36 satellite has entered service and is now providing broadcasting and direct-to-home (DTH) services for Africa’s MultiChoice. The satellite was built for…

segun-airtel
ICT

Airtel slashes roaming fees by 90% in 27 countries to drive user experience

Airtel Nigeria is offering subscribers up to 90 per cent off roaming rates and other discounts on its newly repackaged Roam & Home bundle plan designed to make travelling enjoyable and empower consumers to stay connected with business associates, family…

ICT

MTN’s 4G LTE hits the ground running

The recent activation of 4G LTE services in Nigeria by major telecoms has become a source of relieve for businesses and subscribers as associated high speed internet services will boost returns on investments. Besides, the spread in terms of data…

samsung
ICT

Galaxy Note 7 flames up again as ATCON decries influx of fake phones

A US flight was evacuated prior to takeoff when a passenger’s Galaxy Note 7- reportedly a replacement in Samsung’s global recall-caught fire, landing the company in another controversy. This is as the resident of Association of telecoms Companies of Nigeria…

ICT

MTN rakes in $1Bn in Bonds

MTN has raised $1 billion (R13.9 billion) in two dollar bonds. The group said the first such issue by Africa’s biggest wireless carrier by sales since 2014. The news comes after ratings agency Standard & Poor’s lowered the MTN group’s…

ICT

Again, Glo boosts 2016 Ofala Festival in Onitsha

Globacom, Nigeria’s foremost telecommunications company is providing corporate support to the 2016 edition of the famous Onitsha festival, Ofala. Obi of Onitsha, Igwe Alfred Achebe said in a Globacom statement that the first Ofala Day will be Saturday, October 8…

ICT

MTN moves to abandon Visafone acquisition – Bloomberg report

More than one year of acquisition and realignment of infrastructures, a new report from leading global media group, Bloomberg yesterday revealed that MTN group is considering abandoning the acquisition after Nigeria’s industry regulator ruled that broadband spectrum should not be…

Shittu, Comm Minister
ICT

FG plans to build additional 6 ICT hubs

Considering the gains in training youths and creating jobs, the Federal Government says it will set up six new ICT Hubs in the country to boost empowerment and growth in the sector. Mr Adebayo Shittu, minister of Communications, said this…