Across Nigeria today, one complaint is becoming louder by the day: mobile network service has become frustratingly poor. From dropped calls to slow internet speeds, many Nigerians are struggling to stay connected. Whether you are trying to send a message, attend an online class, run a business, or simply browse the internet, the experience is…
1 LAGOS – The Nigerian Communications Commission (NCC) has announced that telecom operators in the country will invest more than $1 billion in expanding and upgrading their networks before the end of 2025. The Commission said this investment is a direct result of recent regulatory reforms and tariff adjustments that have made the telecom industry…
The Government of Mali has announced that a total of 34 billion CFA francs (approximately $ 56 million) has been collected through telephony-related taxes. The funds were mobilised by the national Steering Committee, which oversees the allocation and management of telecommunication tax revenues, according to ORTM. According to the Minister of Energy and Water, 24…
The Trade Union Congress of Nigeria (TUC) has vowed to “down tools,” arguing that citizens are “feeding from hand to mouth” following the recent hike in telecom tariff. Festus Osifo, the President of TUC, made this known when he appeared on Channels Television’s * Politics Today on Thursday, blaming the hike on mismanagement of foreign…
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of President Bola Tinubu over “the arbitrary, unconstitutional, unlawful, unfair, and unreasonable 50 percent telecom tariff hike by the Nigerian Communications Commission (NCC).” Joined in the suit as Defendant is the NCC. The NCC recently approved a 50 percent hike in…
MTN Nigeria and other multinational business owners have appealed to the Federal Government to create a level playing field to enable businesses to sustain their investments in the country. This appeal was made as the Chief Financial Officer of MTN, Modupe Kadri, stated that the high inflation rate and foreign exchange fluctuations had made it…
The telecom scene is home to some pretty cheap dividend payers that can help pad your quarterly passive income stream. Undoubtedly, the days of high rates may be numbered. And if they are, investors may need to return to stock markets to score yields above the 4.5% level. The good news (for prospective investors) is…
