Telecoms Investment Hits $75bn as Data Consumption Surges

Telecoms Investment Hits $75bn as Data Consumption Surges

Cumulative investment in Nigeria’s telecommunications industry has surpassed 75 billion dollars, marking an extraordinary journey from state monopoly to essential economic utility. Bismarck Rewane, managing director of Financial Derivatives Company and chairman of FCMB, highlighted the milestone during an industry review on Wednesday, 16 September 2026. The capital deployed across the sector stood at barely…

Read Full News

FG Sets October Date For Student Data

  Nigeria’s Federal Government has fixed 1 October 2026 as the start date for a scheme that will give students in public senior secondary schools and public tertiary institutions 100 megabytes of free internet data every day to reach approved educational websites and learning platforms, with about five million learners expected to benefit in the…

Read Full News
Telecoms Investment Hits $75bn as Data Consumption Surges

Fibre Deficit Exposes Nigeria’s Fragile Broadband Boom

Nigeria’s impressive mobile internet expansion is masking a severe deficit in fixed, high-capacity home connectivity. Fresh data reveals that only 265,000 households across the country possess active Fibre-to-the-Home subscriptions. This microscopic figure stands in stark contrast to the nation’s sprawling 154.72 million active mobile internet subscriptions. Executive Vice Chairman of the Nigerian Communications Commission, Aminu…

Read Full News
Telcos Deploy 8,526 Sites Despite Fibre Cuts -NCC

Telecom Firms Spend N2.5tn on Network Upgrades

Nigerian telecommunications companies have committed 2.5 trillion naira to infrastructure upgrades to fix a worsening service crisis. This massive capital injection follows years of consumer complaints about dropped calls and vanishing data. The Nigerian Communications Commission (NCC) is driving this push to modernise a network that feels increasingly brittle under rising demand. Most of this…

Read Full News
Telcos Deploy 8,526 Sites Despite Fibre Cuts -NCC

NCC Orders Telecoms to Compensate Subscribers for Poor Service

The Nigerian Communications Commission (NCC) has ordered mobile network operators to credit the accounts of subscribers suffering from subpar network quality. In a directive issued on Sunday, the regulator stated that customers should no longer bear the burden of service disruptions alone. This shift marks a departure from the traditional model of merely fining operators….

Read Full News