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50% Tariff Hike Implementation to Commence Next Month – Telcos

50% Tariff Hike Implementation to Commence Next Month – Telcos Telecoms operators have said they are preparing new tariffs to reflect the 50 per cent hike approved by the Federal Government through the Nigerian Communications Commission (NCC) . Although the NCC has said the 50 per...

Telcos’ Operating Costs Skyrocket by 50.92% – NCC

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...

Tariff Hike: Telcos Warn of Imminent Shutdown

Tariff Hike: Telcos Warn of Imminent Shutdown   Nigerian telecom operators have issued a stark warning, cautioning that a delay in reviewing tariffs beyond the first quarter of 2025 could have severe repercussions, including undermining the sector's growth prospects, destabilizing operations, and diminishing its economic contributions. For the...

N130bn USSD Debt: Telcos Threaten Court Action Against Banks

N130bn USSD Debt: Telcos Threaten Court Action Against Banks   Telcommunications operators (Telcos) under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON), have threatened to drag Nigerian banks to court over the unpaid Unstructured Supplementary Service Data (USSD), which has accumulated over...

N120bn USSD Debt Slowing Financial Inclusion – NCC

N120bn USSD Debt Slowing Financial Inclusion - NCC The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has said the banks’ N120bn Unstructured Supplementary Service Data debt owed telecommunication firms is slowing down financial inclusion. He noted that without the service, digital financial...

NCC Orders Telcos to Respond to Subscribers in 30 Mins

NCC Orders Telcos to Respond to Subscribers in 30 Mins   The Nigerian Communications Commission (NCC) is set to mandate telecommunication firms to attend to their customers within 30 minutes of arriving at any customer care center in the country. This is based on a new document...