Business Hilights

Tracking Nigeria's Headline Business News Online

Association of Telecoms Companies of Nigeria (ATCON)

NCC Shittu
ICT

Expert explains why telecom industry investments contracted in Q4 2017

Latest report from the nation’s data merchant, National Bureau of Statistics (NBS), has shown that Nigeria’s telecommunications industry contracted by 2.62 per cent year-on-year in real terms in the fourth quarter of 2017. According to the agency, “The Gross Domestic…

Shittu 66
ICT

Minister far from factors that can deepen broadband penetration—BH Report

Whereas the Minister of Communications, Barr. Adebayo Shittu is saying that government is concluding plans to tap into Nigerians living in the Diaspora in a bid to surpass the 30 per cent broadband penetration set in the National Broadband Plan…

ATCON Book
ICT

ATCON to publish 100 personalities, corporate citizens shaping telecoms sector

As part of build up to the upcoming celebration of its Silver Jubilee, the leadership of the Association of Telecoms Companies of Nigeria (ATCON), has revealed plans to publish a compendium of top 100 industry personalities and corporate citizens that…

NCC Shittu
ICT

Jonathan’s administration more serious in broadband penetration than now—ATCON

The President of Association of Telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola has opened up on his observations considering the level of seriousness in driving Nigeria’s broadband penetration between former President Goodluck Jonathan administration and current government of President…

ATCON TERF
ICT

Worried by multiple taxation, ATCON set to meet Govs over RoW

Rising from the 2017 edition of the Telecoms Executives and Regulators’ Forum (TERF) held weekend in Lagos by the Association of Telecoms Companies of Nigeria (ATCON), indications have emerged on fresh moves by telecoms operators to meet with all the…

insurance
ICT

InsuranceMarket set to train practitioners on ICT skills

In line with updating industry practitioners with requisite skills to deepen growth, InsuranceMarket, an insurance industry focused technology company, has announced the commencement of a series of training program for insurance practitioners in Nigeria on e-Insurance. In a statement in…

CBN Godwin-Emefiele
ICT

Telecoms items may be the first to be delisted from 41 items on CBN’s forex ban

Barring any last minute change of plans, strong indication emerged on Thursday that the Central Bank of Nigeria (CBN) is considering delisting all telecoms items which fall under plants and machinery in the 41 items barred from flexible forex access…

Atcon Teniola 3
ICT

ATCON joins sector experts to grow calls for creation of ICT Bank

“Currently, it is very hard for a Nigerian bank to give you a more than three year tenure of facility and that means there is a mismatch in between how Nigerian banks deploy their funds and the type and terms…

ATCON boss, Teniola reveals how Nigeria lost $30b ICT FDIs to S/Africa

The President of Association of Telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola has listed poor power generating capacity; harsh business climate; foreign exchange volatility; high level corruption, as key factors redirecting Nigerian bond foreign direct investments (FDIs) in Information…

danbatta
ICT

QoS: Telecoms equipments still missing in new CBN’s list of 36 unbanned items for forex

Chances of improvements in the Quality of Service (QoS) by telecoms operators was further dimmed yesterday as the new list of items, for which importers can source foreign exchange (forex) failed to contain telecoms and IT related materials. The Central…