Business Taxes & Duties Telecommunications

After 39 taxes, telcos reject FG’s fresh five per cent tax

Reading Time: 2 minutes Telecommunications companies have advised against the implementation of the 2022 Fiscal Policy Measures and Tariff Amendments, which demands five per cent as excise duty for services provided. They described the tax as insensitive, unfair, and capable of crippling the industry in the way and manner the oil industry has been crippled by different challenges. According Read More…

Metro Picket Telecommunications

Angry telco workers picket MTN’s Lagos headquarters

Reading Time: 2 minutes The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) on Wednesday picketed MTN Nigeria PLC plaza in Falomo, Lagos to drive home some demands. They held placards with inscriptions such as “Workers Rights are Human Rights”; “Unionism is a Right and not a Privilege” and chanted solidarity songs. Some of the union’s grievances Read More…

Business Telecommunications Top Story

Airtel ranks fastest network provider in Nigeria – SpeedChecker

Reading Time: < 1 minutes Airtel Nigeria, a telecommunications company, says it has been rated the fastest network provider in Nigeria according to Crowdsourcing firm, SpeedChecker. Airtel Nigeria made this known in a statement on Friday. It said that in SpeedChecker’s report in 2021 for Africa’s Mobile Network Champions, Airtel Nigeria recorded an average country mobile download speed of 11.55Mbit/s. Read More…

Business Telecommunications Top Story

NCC warns against new SMS-based malware unleashed by Cybercriminals

Reading Time: 3 minutes The Nigerian Communications Commission (NCC), has warned the public against a new high-risk, critical and Short Messaging Service-based malware, TangleBot, infecting Android mobile devices. Dr Ikechukwu Adinde, Director of Public Affairs (DPA), NCC, made this known in a statement on Saturday in Abuja. Adinde noted that TangleBot employs more or less similar tactics as the Read More…

Business Telecommunications Top Story

MTN and Airtel Africa among bidders for Nigerian 5G licences

Reading Time: 2 minutes Nigeria’s telecoms regulator, Nigerian Communications Commission (NCC) has picked MTN Nigeria, Airtel Africa. and Mafab Communications to bid for 5G licences at an auction set for Dec. 13, it said on Thursday. NCC had said in July that it expected to start auctioning spectrum for the next-generation 5G network in the fourth quarter of this Read More…

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 Telecommunications Top Story

MTN Group sells 575 million ordinary shares in Nigerian business

Reading Time: < 1 minutes 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 retail investors. “Today Read More…

Business Telecommunications Top Story

Airtel Africa eyes broadband and mobile money boost after bumper first half

Reading Time: 2 minutes In picture above: A general view shows customers and employees inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre within the Westlands district of Nairobi, Kenya January 29, 2021. REUTERS/Thomas Mukoya NAIROBI, Oct 28 (Reuters) – Airtel Africa expects a boost from growing demand for mobile broadband Read More…

Business Telecommunications Top Story

MTN plans to pump N600bn into Nigerian network infrastructure over 3 years

Reading Time: < 1 minutes Telecom giant, MTN Nigeria Communications plans to pump over N600bn into network infrastructure across Nigeria over the next three years. The move is expected to improve telecommunications services across the country. This was revealed by the Chairman of MTN Nigeria Communications, Dr Ernest Ndukwe, at the company’s 20th anniversary celebration held in Lagos on Sunday. Read More…

Business Telecommunications Top Story

Telcos withdraw shortcodes for bank transfers from Monday

Reading Time: 3 minutes An unresolved squabble between banks and Mobile Network Operators (MNOs) over accumulated service debt may cause consumers to stop enjoying the use of Unstructured Supplementary Service Data (USSD) codes otherwise known as shortcodes from Monday, 15th March. In a press statement issued by the MNOs under the umbrella of the Association of Licensed Telecommunications Operators Read More…