Nigeria Telecommunications Top Story

Nigeria ready to deploy 5G technology with impending auction of 3.5GHz telecom spectrum

Reading Time: 4 minutes It is no longer a question of if but when Nigeria will unbundle the 5th Generation mobile network (5G technology). This reality is coming with the impending auction of the 3.5GHz spectrum band. On Thursday, a stakeholder engagement forum was held at the Marriott Hotel, Ikeja, on the draft Information Memorandum (IM) on the auction Read More…

Business Oil & Gas Top Story

COP 26: Akinwumi Adesina advocates gas for stable power supply

Reading Time: 2 minutes Image Credits: Getty Images/Ron and Patty Thomas, Eric Roset/Africa Progress Panel. Says even if Africa triples gas consumption, only 0.67% of global gas will be emitted African Development Bank President Akinwumi Adesina said on Thursday that gas remained critical for African economies despite the global push to end investments in fossil fuels as the world Read More…

Business Telecommunications Top Story

MTN Group sells 575 million ordinary shares in Nigerian business

Reading Time: < 1 minutes Image Credits: Bloomberg. The MTN Group has announced plans to sell 575 million shares in MTN Nigeria. This is contained in a notice signed by the Company Secretary, Mrs Uto Ukpanah on Thursday in Lagos. The statement said the public offer would be by way of book build to institutional investors and fixed prices to Read More…

Legal Metro Top Story

All receipts, contracts issued without NIPOST stamp denotation are now illegal

Reading Time: 2 minutes It is now illegal for receipts or documents to be issued without the stamp denotation of the Nigerian Postal Service (NIPOST). This was declared on Thursday when NIPOST officially launched the stamp denotation implementation for traders at the Alaba International Market, Ojo, in Lagos, according to a News Agency of Nigeria (NAN) report. Dr Ismail Read More…

Metro Top Story

Fatalities at collapsed building now 39, owner among the dead

Reading Time: < 1 minutes Image Credits: NAN. A report by the News Agency of Nigeria (NAN) says the casualty figure at the collapsed 21-storey high-rise building at Gerrard Road, Ikoyi, now stands at 39. Among the dead, according to NAN quoting a reliable source, is MD/CEO Fourscore Homes, owner of the collapsed building, Femi Osibona. The report says the Read More…