Annual Capital Flight In Telecoms Now $2.16bn – Fed Govt         The capital flight in Nigeria’s telecommunications sector is as high as $2.16bn annually, the Federal Government has declared. Minister of Communications and Digital Economy, Isa Pantami, made the declaration at the Digital Nigeria Day, quoting a...

Ministry Targets 45% ICT Contribution To Nigeria’s GDP       The Minister of Communications and Digital Economy, Dr Isa Pantami, says the impact of the digital economy through the e-commerce, online payments and other digital services can add 45 per cent to the country’s Gross Domestic Product. The...

FG Approves N654m To Track Down Illegal Spectrums         The Federal Government on Wednesday approved N653.89m for the purchase and deployment of spectrum monitoring system for the southeastern part of the country. The decision was taken at a meeting of the Federal Executive Council presided over by...

Nigeria, Others Need $100bn For Affordable Broadband Internet     To manage the possible effect of the pandemic on the economy post-COVID-19, Nigeria and other parts of the Continent will require about $100 billion for universal, affordable and good quality Internet access by 2030. This was stated by...

FG To States: Reverse Telecoms Row Charge Hike   The Federal Government has faulted the hike of Right of Way charges by some state governments. RoW charges refer to fees paid by telecommunications operators to the government for the permission to install some of their infrastructure. The National...

Fed Govt Bars Cash Transaction In Post Offices   The Federal Government has ordered the immediate termination of cash payment in offices of the Nigeria Postal Services across the country. Minister of Communications and Digital Economy, Dr Isa Pantami, who gave the order on Thursday, said it...