Business Hilights

Tracking Nigeria's Headline Business News Online

Right of Way (RoW)

NNPC: Clearing pipeline corridors that carry next to nothing?

The recent announcement by the Nigerian National Petroleum Corporation (NNPC) that the Army Engineering Corps was set to demolish illegal structures erected along the Port Harcourt-Aba-Enugu-Makurdi oil pipeline corridor, has started to record mixed reactions from Nigerians. Recall that in…

4G better
ICT

FG lacks political will to drive IT powered 4th Industrial Revolution—ALTON

President of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Engr. Gbenga Adebayo, has raised fresh alarm, warning that Nigeria may be left behind by others in the quest to fast-track the ongoing fourth industrial revolution. In his presentation…

rack-centre
ICT

Give incentives that attract fibre services, Coker tells FG

The Chief Executive Officer (CEO), Rack Centre, Ayotunde Coker, has given more reasons why telecoms Infrastructure Companies (InfraCos) licensees may remain in the dark and dormant for years. Addressing the press recently, he observed that several InfraCos had remained lifeless…

NCC CBN
ICT

Nigerians tired of hearing about licensing Infracos from NCC for years—Expert

A leading telecoms investor (name with held), has advised the leadership of the Nigerian Communications Commission (NCC) to save itself, the energy of continually repeating itself at every occasion that it has given out licenses to telecoms Infrastructure Companies (InfrCos)…

NCC and NITDA
ICT

Why Nigeria may not get fair share of $1.7tn global data economy—Expert

Just as the National Information Technology Development Agency (NITDA) has said that Nigeria can get a fair share of the global data economy valued at more than $1.7tn, if it adopts and faithfully implements the National Smart Initiative Policy Framework…

internet
ICT

Internet subscription grown by necessity in Nigeria, not speed, affordability—Report

Latest data from the Ookla’s Speedtest Global Index, a worldwide internet speed rating agency has suggested that subscription for internet access by many Nigerians is based on the importance of internet to their daily lives and not due to speed…

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…

NITRA 2018
ICT

NCC mute on none access of N5bn facility by Infracos, says last-mile on course

Ever since the telecoms regulator, the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), sealed an understanding that raised about N5bn meant for Infrastructure Companies (Infracos) with rollout plans to access, no company had applied not to…

NCC Shittu
ICT

FG tricking Nigerians with unverifiable percentage broadband penetration

…As Minister claims 23%, NCC stood at 22%, stakeholders’ see less Ahead of the final lap of the current National broadband Plan (NBP 2015-2018), there has been conflicting information on the real percentage of broadband penetration so far achieved. Recent…

NCC 99
ICT

(Special Report) Of what use is dishing out Infraco licences when Right of Way is elusive?

Feelers over the weekend revealed that the telecoms regulator, Nigerian Communications Commission (NCC), has licensed three new Infrastructure Companies (InfraCos) to bring the total number to six, leaving North Central which the former licencee, IHS has returned its licence on…