Business Hilights

Tracking Nigeria's Headline Business News Online

Optic Fibre Cables (OFCs)

NCC Atcon visit
ICT

‘Only a review of telecoms services Act by NASS can end distractive taxes on networks’

A telecoms law expert in Lagos, Mr. Jide Oworu, has explained that the only way to end the nightmares of telecom investors on cases of multiple taxation especially by states governments is a review of all related laws by the…

NCC Shittu
ICT

Failing journey to broadband penetration killing Smart Cities Initiative, DI

…As IHS dumps NCC’s Infraco license due to harsh RoW terms The confusion and blame game trailing the inability of licensed Infrastructure Companies (Infracos) and the continued denial of the government to agree that licencees are not getting easy access…

Broadband Fibre-Optic-Cable
ICT

High cost of deploying telecoms services drags down investments to 35% in H1

Though the telecommunications revolution is now 18 years, data gathered from the regulator, the Nigerian Communications Commission (NCC) show that about 205 Nigerian communities still do not have access to the any form of telecoms services. However, rather than going…

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),…

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…