Business Hilights

Tracking Nigeria's Headline Business News Online

Infrastructure Companies (InfraCos)

NCC 99
ICT

Again, NCC mute on ending challenges hobbling rollout of OFCs by Infracos

The truth is that many of the licensed Infrastructure Companies (Infracos) in the seven zones of the country are yet to hit the ground running in the delivery of broadband infrastructures due to issues bordering on Right of Way (RoW),…

NCC Atcon visit
ICT

Infracos differ on Minister’s claims that VP convinced governors on RoW

Barely two days after the Minister of Communications, Barr Adebayo Shittu had claimed that Vice President Yemi Osinbajo had convinced state governors in buying into the initiative of making fees imposed on Right of Way (RoW) flexible to deepen broadband…

Fibre-Optic-Cable
ICT

FG lack drive to convince states on enabling environment for telecoms investors’—BHIU

Latest report released by the Business Hilights Intelligence Unit (BHIU), has shown that contrary to efforts being made being claimed by the federal government in encouraging massive investments in ICT infrastructure, the apex government lacks the political will to convince…

NCC Shittu
ICT

Until NCC, through FG reviews RoW in states, Infracos can’t do much—ATCON boss

The President of Association of telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola, has opened up on the key challenge frustrating the effective delivery of broadband services across the country by all the licenced Infrastructure Companies (Infracos). Infracos are companies…

Ghanaian President, Akufo Addo
ICT

Ghana ups broadband penetration with partnerships as Denmark delivers 165kms of OFN

The presidential plans of the Ghanaian government to make Ghana, West Africa’s leading example of digital economy is brazing the trail and very close to realization. This stemmed from the fact that few days ago, Denmark provisionally handed over the…

Ntel Breakfast
ICT

High cost of optic fibre leasing frustrating target 30% broadband penetration—ntel

Contrary to the claims of the Minister of Communications, Barr. Adebayo Shittu and Executive Vice Chairman of Nigerian Communications Commission (NCC), Prof Umar Danbatta that enabling environments are on ground to drive the meeting of 30 per cent broadband penetration,…

Shittu 66
ICT

Emerging ICT Bank will drive industry activities with lower interest rates—Minister

The Minister of Communications, Mr. Adebayo Shittu, has once again observed that the plan of the federal government to launch an ICT Development Bank is among other things, to reduced the dependence on commercial banks for funding and also offer…

NCC Shittu
ICT

Broadband: Can InfraCo licensees achieve much when states’ can’t ease conditions?

The telecoms regulator, Nigerian Communications Commission (NCC), last week in Lagos revealed it has further given licences to additional two Infrastructure Companies (InfraCos) to wire up more regions with metropolitan Fibre Optic Cables (FOC) to drive broadband penetration. Otherwise, added…

NCC Shittu
ICT

NCC again, fails to give time for naming InfraCos for remaining zones

More than two years after hurrying to name bid winners for Lagos and North Central zones Infrastructure Companies (InfraCos), the telecoms regulator, Nigerian Communications Commission (NCC), has maintained sealed lips on when other zones will know their InfraCos. In his…

Ghana NCA
ICT

Ghanaian Minister advocates co-sharing of broadband infrastructure

The Ghanaian Minister of Communications, Mrs Ursula Owusu Ekuful, on Monday, intensified calls across boards for broadband and telecom companies to build up a broadband infrastructure code to allow for the co-sharing of broadband infrastructure. According to her, “Co-sharing infrastructure…