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   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   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 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     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...

FG To Implement Telecoms, Beverage Taxes Next Year   The Federal Government through the Budget Office of the Federation has revealed that it will begin the implementation of its proposed excise duties on telecommunication services and beverages in 2023. This is despite backlashes from the Minister of...