A Nigerian carrier that secured a fifth generation (5G) technology licence in 2021, Mafab Communications, will begin operations by the end of Q1 2025, according to its Chief Operating Officer Adebayo Onigbanjo. This will mark the first time Mafab’s services will be commercially available, nearly three years after the company entered the 5G market. Mafab…
Telecom sector regulator, the Nigerian Communications Commission (NCC) has granted approval to MTN Nigeria to disconnect Exchange Telecommunications Limited (Exchange) over unpaid interconnect debts. According to information sourced from its website, Exchange Telecommunications Limited is a local and international interconnect Carrier. The largest in Nigeria, it has four Points-Of-Interconnect nationwide connected via a fibre ring…
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have ordered banks to pay ₦212.5 billion—85per cent of a ₦250 billion debt owed to telecom operators for USSD charges—by December 31, 2024, to a December 20 memo.USSD stands for Unstructured Supplementary Service Data, a communication protocol that allows a phone to connect…
Global oil prices inched upward on Tuesday, rebounding slightly from earlier losses as an optimistic market outlook offered support despite subdued trading ahead of the Christmas holiday. Brent crude futures rose by 42 cents, or 0.6 per cent, settling at $73.05 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 38 cents, or 0.6…
The Nigeria Civil Aviation Authority (NCAA) has initiated enforcement actions against five airlines, comprising two international carriers and three domestic operators, for contravening provisions of Part 19 of the NCAA Regulations. The violations include non-payment of refunds within the stipulated timeframe, failure to adhere to NCAA directives, issues with missing and manhandled luggage, short-landed baggage,…
About 700 million people, equivalent of 8.5 per cent of the global population now live in extreme poverty on less than $2.15 a day, according to a World Bank report. The bank also added that around 3.5 billion people live on less than $6.85 a day. In a report,” 2024 Key Development Challenges in Nine…
A global lifestyle and wellness-focused direct-selling company, QNET, has partnered Lagos Food Bank Initiative (LFBI), a non-profit organization dedicated to nutrition and hunger relief, to provide nutritious food and gifts to 1,000 vulnerable children in Makoko, Lagos. Supported by QNET’s legal partner, Transblue Limited, the project is part of LFBI’s Education Enhancement Intervention for Food…
Airtel Nigeria at the weekend reaffirmed its position as a leader in innovative and impactful public relations, clinching two prestigious awards at the Lagos Public Relations Industry Gala and Awards (LaPRIGA) held at Muson Centre, Onikan, Lagos. The award ceremony which had: ‘Shining Stars’ as theme highlighted the telco’s unwavering commitment to sustainability and employee…
Nigeria has launched an emergency response centre after recording 190 deaths from Lassa fever, a viral hemorrhagic illness, the country’s disease control agency said on Monday. The disease, mainly transmitted to humans via contact with food or household items contaminated with rodent urine or excrement, has infected 1,154 people in six Nigerian states. Head, Nigerian…
