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Telecom Users Rejoice as FG Drops Levy 5%

Telecom Users Rejoice as FG Drops Levy 5%   The Federal Government has abolished the five per cent excise duty previously imposed on telecommunications services, including voice calls and data usage, in a move expected to ease cost pressures on millions of Nigerians. The National Orientation Agency...

Foreign Investments in Telecoms Decline by 87% – NBS

Foreign Investments in Telecoms Decline by 87% – NBS Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4m in the third quarter of 2024, marking an 87 per cent decline from the $113.42m recorded in the second quarter, the National Bureau of Statistics (NBS)...

FG to Implement Telecoms Tax to Boost Revenue

FG to Implement Telecoms Tax to Boost Revenue   The Federal Government is set to implement excise duty on telecommunication services to boost its revenue base. It disclosed this in its newly released 2024-2026 Medium-Term Expenditure Framework and Fiscal Strategy Paper. It would be recalled that President Bola...

Telecoms Investments In Nigeria Now $75.6bn – Danbatta

Telecoms Investments In Nigeria Now $75.6bn – Danbatta   The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, yesterday disclosed that investment profile of the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has reached $75.6 billion...

Mobile Sector Contributes $5.2 trillion to Global Economy – GSMA

Mobile Sector Contributes $5.2 trillion to Global Economy - GSMA The Global System for Mobile telecommunications Association (GSMA) in ‘The Mobile Economy Report’ released on Monday, said the mobile sector also made a substantial contribution to the funding of the public sector, with around $530...

Towards Adopting New Technologies in the Telecom Sector, by Zeenat Sambo

Towards Adopting New Technologies in the Telecom Sector, by Zeenat Sambo     It is gratifying when the Nigerian Communications Commission (NCC) ordered MTN and Airtel to immediately reverse the hike in their data tariff plan, which they had implemented on their respective networks recently MTN and Airtel...