FG Plans Reforms As Telecoms Sector Attracts $191m FDI in Q1, 2024   The Federal Government has announced plans to implement reforms in the telecoms sector, following a historic investment of $191m in Foreign Direct Investment in the first quarter of 2024. This investment surpassed the total...

Telecoms Sector Records $70bn Investment, Employs 500,000 – NCC     The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has stated that the telecommunication sector sustains 500,000 jobs. He added that the sector’s contribution to Gross Domestic Product had also grown from insignificance to...

In Five Years, Telecoms Sector Attracted $3.9bn Foreign Investments       Between 2015 and 2020, Nigeria’s telecommunications sector attracted $3.9 billion foreign investments (portfolio and direct). The 2021 Telecommunications Industry report released by Agusto & Co, which revealed this, observed that this accounted for an average of...

Telecoms Contribution To Nigeria’s GDP Doubled In Eight Years - NCC Data         The contribution of the telecommunications sector to Nigeria’s Gross Domestic Product (GDP) doubled in the last eight years, according to data obtained from the website of the Nigerian Communications Commission (NCC). According to the...

NCC, FRC To Strengthen Corporate Governance Compliance In Telecoms Sector The Nigerian Communications Commission and the Financial Reporting Council of Nigeria have collaborated to strengthen the level of compliance by operators in the Nigerian telecommunications sector to the national and sectoral corporate codes of governance. The...