Category : Search result: Nigerian telecom sector


Ahmed defends $5M education spending, welcomes probe

Outgoing NMDPRA CEO Farouk Ahmed dismisses allegations of spending $5m on children's education abroad, invites anti-graft agencies to investigate. Senators Oshiomhole and Jimkuta celebrate his exit, while new nominees chart ambitious reform paths for Nige

Two Arrested for Telecom Vandalism in Osun

Osun NSCDC arrests a driver and scrap dealer for vandalising telecom sites in Eripa and Otan Ayegbaju, recovering stolen batteries. Two suspects remain at large. Read more.

NUPRC: Making Oil & Gas Work for Nigerians

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is leading a historic shift towards transparency and accountability in the oil sector, turning a 'resource curse' into a national blessing. Discover how this reform benefits citizens.

Lawyers Condemn Media Trial of NMDPRA CEO Farouk Ahmed

A coalition of 40 lawyers has condemned baseless corruption allegations against NMDPRA CEO Engr. Farouk Ahmed, warning against media trials that undermine Nigeria's oil sector. Read their full defence.

Nigeria Intensifies Fight Against Unaffordable Healthcare

Federal and state governments, with global partners, are ramping up efforts to make healthcare affordable for all Nigerians. Key strategies include expanding health insurance and systemic reforms under the NHSRII initiative.

House of Reps Intervenes in Dangote, NMDPRA Dispute

The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.

Nigeria's Telecom GDP Contribution Hits 9.1% in Q3

Nigeria's telecom sector demonstrates resilience, contributing 9.1% to GDP in Q3 2025. Driven by mobile data demand and 5G rollout, the industry remains a key non-oil pillar. Discover the full economic impact.

16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline

CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.

Nigeria's Economy Grows 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.

Nigeria's GDP Hits 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.

DisCos Record N45b Revenue Shortfall in September 2025

NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.

16 Banks Meet CBN Recapitalisation Target

CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.

Reps Probe 17 Years of Power Sector Investments

Nigerian House of Representatives launches a full-scale investigation into all power sector investments and reforms from 2007 to 2024, vowing to correct 17 years of failure.

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