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Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30, 2025

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Northern governors mourn businessman Alhaji Aminu Dantata

Kano business icon Aminu Dantata dies at 94

Business
Northern governors mourn businessman Alhaji Aminu Dantata

Northern governors mourn businessman Alhaji Aminu Dantata

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Tag: Telecommunication

Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m
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Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m

Nigeria’s telecommunications industry saw a significant rebound in January 2025, as active mobile subscriptions climbed to 169.3 million, up from 164.9 million in December 2024. This growth was fueled by increased subscriptions to major operators MTN and Airtel, according to industry statistics released by the Nigerian Communications Commission. The recent increase marks a continued recovery […]

Global Internet connectivity grows amid digital divide — Report
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Global Internet connectivity grows amid digital divide — Report

The International Telecommunication Union has reported that global internet connectivity has grown; however, the digital divide still persists. In the report, ITU stated that 5.5 billion people will be online in 2024, an increase of 227 million from the previous year, and 68%, or 2.6 billion people—nearly one-third of the world’s population—remain offline. However, the […]

Telcos deny allegations of sabotaging #EndBadGovernance protest
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Telcos deny allegations of sabotaging #EndBadGovernance protest

Telecommunications companies in Nigeria have rejected claims that they are attempting to obstruct the upcoming #EndBadGovernance protest, scheduled for August 01-10, 2024. The rebuttal follows accusations from prominent lawyer and Senior Advocate of Nigeria (SAN) Mr. Ebun-Olu Adegboruwa. Adegboruwa alleged that telecom operators are deliberately restricting network access in a bid to hinder the protest. […]

Vodafone Germany fires 2,000 employees to save costs
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Vodafone Germany fires 2,000 employees to save costs

Vodafone Germany has outlined plans to achieve approximately 400 million euros ($434.48 million) in savings over the next two years through a restructuring initiative that will impact approximately 2,000 positions, the company announced on Tuesday. This move forms part of a cost-cutting strategy unveiled nearly a year ago, which is anticipated to lead to the […]

South Africa’s Vodacom to cut 80 jobs
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South Africa’s Vodacom to cut 80 jobs

South Africa’s leading mobile network operator in terms of subscriber base, Vodacom, plans to cut 80 jobs as part of its cost reduction strategy. These job cuts will affect all levels of the company’s operations, impacting its current workforce of 5,400 employees, Bloomberg reports. Following the announcement of the layoffs, Vodacom’s stock price has declined […]

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Telcos promise 100% voice, data service today

Melvin Onwubuke The Association of Licensed Telecommunications Operators of Nigeria has said voice and data services affected by the cut in the undersea fibre optics along the coasts of Cote d’Ivoire and Senegal will be completely restored on Tuesday (today). This was disclosed by the chairman of ALTON, Gbenga Adebayo on Monday, according to The […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
Telecommunications

Nigeria needs deeper digital penetration in telecom sector – Tinubu

Christian George   President Bola Tinubu said that due to the nation’s population and land mass, the country needs deeper digital penetration in the telecommunication sector. This was made known in a statement by Presidential spokesman, Ajuri Ngelale , on Thursday. The President issued the directive at a meeting with a delegation from American Tower […]

CEO blames price barrier for Nigeria's slow eSIM adoption
Tech

CEO blames price barrier for Nigeria’s slow eSIM adoption

CEO of eSIM Plus, Dina Tsybulskaya has cited the expensive price of eSIM-compatible phones as the reason behind Nigeria’s sluggish adoption of the technology. Tsybulskaya, whose company provides the infrastructure for Nigerian telecom providers, also attributed the development to the laborious procedure of activating SIM cards for visitors to the country. In an exclusive interview […]

Telecommunications

Telecoms FDI records 494% drop Q2 2023

Foreign Direct Investments in Nigeria’s telecoms sector continued to fall in the second quarter of this year, with telecom companies attracting $25.81 million. According to The Times, this shows a 494% decrease year over year when compared to the $153.50 million reported at the same time last year. However, the Q2 result indicates a modest increase over Q1 […]

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