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...

Telecoms Sub-sector Lost N221bn In 2 Years   Value Added Service (VAS) operators, a sub-sector in the telecoms industry, operating under the aegis of Wireless Application Service Providers Association of Nigeria (WASPAN), has decried the heavy loss it incurred in the last two years, amounting to...

NCC, NFIU Partner To Check Financial Fraud In Telecoms   The Nigerian Communications Commission is set to collaborate with the Nigerian Financial Intelligence Unit to fight financial fraud perpetrated through SIM cards. This was made known when the leadership of NFIU paid a courtesy visit to the...

NCC: Investors Stake $5bn  On Telecoms Every Quarter   Investors in the Nigerian telecommunications sector have been adding $5bn investment every quarter, the Nigerian Communications Commission has said. The Director of Consumer Affairs at the regulatory agency, Mrs Felicia Onwuegbuchulam, said this in a presentation at the...