Telcos' Operating Costs Skyrocket by 50.92% - NCC   Nigeria's telecommunications sector faced significant financial strain in 2023, with operating costs for telecom companies skyrocketing by 50.92%. This substantial increase underscores the industry's struggles to maintain network operations amidst soaring inflation and a depreciating currency, which...

NATCOMS to Contest 50% Telecos Tariff Hike in Court The National Association of Telecommunications Subscribers (NATCOMS) has announced plans to contest the Federal Government’s approval of a 50% tariff hike for telecom operators in court. This decision, according to NATCOMS, was made without adequate consultation with...

NCC Approves 59% Tariff Hike for Telecos  The Nigerian Communications Commission (NCC) has approved the request of telecommunications companies to raise tariff. According to Reuben Mouka, spokesman of the commission, the approval was granted in pursuant to its power under Section 108 of the Nigerian Communications...

N160bn Debt: Nigerians to Lose Access to USSD in January - NCC The Unstructured Supplementary Service Data (USSD) of nine banks will no longer be supported by telecommunication firms due to N160 billion unpaid debt, according to Nigerian Communications Commission. These telcos, acting under NCC directive,...

Telecoms to Suspend USSD as 18 Banks Owe N250bn Some banks risk disconnection by telecom operators over their failure to comply with a directive of the Nigerian Communications Commission (NCC) to repay the N250 billion Unstructured Supplementary Service Data (USSD) debts. It was learnt that the...

Proposed Telecom Tariff Hike will Reduce Inflation – Expert The Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has expressed support for the proposed telecom tariff hike, citing its potential to enhance productivity and moderate inflation in the economy. Speaking on Channels Television’s Business Morning on...