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...

Nigeria’s Data Usage Rises By 202% In Three Years - NCC       Data usage in Nigeria surged by 202.08 per cent in three years, according to data from the Nigerian Communications Commission. According to the subscriber/network data reports of 2018, 2019, and 2020, data usage rose from...

Annual Capital Flight In Telecoms Now $2.16bn – Fed Govt         The capital flight in Nigeria’s telecommunications sector is as high as $2.16bn annually, the Federal Government has declared. Minister of Communications and Digital Economy, Isa Pantami, made the declaration at the Digital Nigeria Day, quoting a...

Foreign Capital Inflow To Telecoms Increases By $829.62m – NBS   Foreign capital investment into the telecoms industry rose by 725 per cent from 2018 to 2019. The latest capital importation report by the National Bureau of Statistics indicated that foreign capital investment in the sector grew...

FG To States: Reverse Telecoms Row Charge Hike   The Federal Government has faulted the hike of Right of Way charges by some state governments. RoW charges refer to fees paid by telecommunications operators to the government for the permission to install some of their infrastructure. The National...

Foreign Capital Inflows Into Telecoms Increase By $659.03m   The country’s desire to deepen broadband penetration nationwide is hinged on capital investment into the telecom sector. Foreign capital investment into the telecoms industry rose by $659.03m between 2016 and 2018, representing a 70.8 per cent increase in...