The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced a new compliance requirement for ownership of telecom companies. The directive mandates prior approval for significant ownership changes in telcos operating in Nigeria. The agencies, in a joint statement signed by NCC Director of Public Affairs, Mrs Nnenna Ukoha and CAC Head…
Telecom sector regulator, the Nigerian Communications Commission (NCC) has commenced a comprehensive review of mobile termination rates (MTR), eight years after the current rates were introduced in 2018. The Head of Competition and Tariff at the NCC, Omotayo Mohammed, disclosed this on Tuesday in Lagos while presenting a consultancy document on the review process. Mobile…
Global pressure on corporations to provide transparent climate and sustainability disclosures is reshaping reporting standards across capital markets. Anticipating that shift, MTN released its first sustainability report in 2018. And it has just published its 2025 Sustainability Report in compliance with International Financial Reporting Standards (IFRS) S1 and S2. It is one of the few…
The Nigerian Communications Commission (NCC) has commended the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, for championing initiatives aimed at empowering the younger generation with digital knowledge and skills, especially the Nigerian girls. Speaking while conducting 185 contestants of the 2026 National Girls in ICT (NG-ICT) Competition on a tour of the…
As Nigeria intensifies efforts to expand non-oil revenue and improve tax collection under its fiscal reform agenda, corporate tax contributions from major private-sector operators are becoming increasingly critical to government financing. Supporting that drive, MTN Nigeria said it has paid N878.7 billion in taxes, levies and duties to federal and state authorities in the 2025…
Chief Visionary Officer at Digital Encode Limited, Prof Peter Obadare, on Wednesday warned about rising cyber breaches in the country and the need for vigilance. He issued the advisory following a surge in breaches affecting financial institutions, government agencies, fintechs, and other organizations across the country. According to him, most recent cyber incidents are not…
The mounting tension between Nigerian telecom consumers and network service providers is about to come to a head on June 6, 2026, as a historic public hearing is launched to address the nationwide data depletion crisis. Data from the NCC indicates that Nigerians consumed over 1.42 million terabytes of data in March 2026 alone, reflecting…
MTN Nigeria has posted a landmark first quarter (Q1) 2026 result with profit after tax more than doubling to N355.5 billion from N133.7 billion a year earlier. This result was largely driven by explosive growth in data consumption and digital financial services. The telco also recorded a 41.8 per cent service revenue to N1.5 trillion…
The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service (QoS) experience is below specified targets within specific locations. The Commission’s position is that subscribers should not be made to bear the full burden of service disruptions where operators fail to meet prescribed standards…
