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Technology
Airtel Nigeria Implements Tariff Hike, Raises Data and Call Rates by Up to 50%
Airtel Nigeria, the country’s second-largest telecommunications operator, has announced a significant increase in its data and voice call tariffs, with adjustments of up to 50% on select data bundles. The revised pricing structure, published on the company’s website on Monday, reflects the growing financial pressures faced by telecom operators amid rising operational costs, inflation, and […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Nigeria Aims To Digitize 75% Of Government Services By 2027
The Nigerian government renews efforts to establish a comprehensive e-governance system, targeting the digitization of at least 75% of public services by 2027. This initiative, led by the National Information Technology Development Agency (NITDA), seeks to address past challenges such as inadequate infrastructure and limited internet connectivity. NITDA’s Director-General, Kashifu Inuwa, announces this objective during […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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CBN Announces Monetary Policy Committee Meeting In Local Languages
The Central Bank of Nigeria (CBN) announces its 299th Monetary Policy Committee (MPC) meeting using four indigenous languages—Yoruba, Hausa, Igbo, and Pidgin—to reach a wider audience. The meeting, originally set for February 17–18, now takes place on February 18–19. CBN Adopts Multilingual Communication The apex bank shares the announcement on its official X handle, presenting […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Latest Business News Roundup In Nigeria February 9th – 15th 2025
Hello Readers, Bizwatchnigeria brings you the latest business news highlights in Nigeria for the week of February 9th–15th, 2025. Saraki Condemns FG’s 4% Import Charge, Warns Of Economic Hardship Former Senate President, Dr. Abubakar Bukola Saraki, criticizes the Federal Government over its newly implemented 4% customs administration charge on the Free On-Board (FOB) value of imports, arguing that it […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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NLC Directs Workers To Boycott Telecom Services Over Tariff Hike
The Nigeria Labour Congress (NLC) directs Nigerian workers and the general public to boycott mobile telecommunications services starting Thursday, February 13, 2025, in protest against a 50% tariff increase recently approved by the Nigerian Communications Commission (NCC). This decision follows resolutions from the NLC’s Central Working Committee (CWC) meeting held in Kogi State on Tuesday. […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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MultiChoice Nigeria Donates N1.6 Billion Worth of Medical Supplies to Sickle Cell Foundation
In a significant move to bolster healthcare delivery and support individuals living with sickle cell disorder, MultiChoice Nigeria, the prominent pay-TV operator behind DStv and GOtv, has donated medical supplies worth N1.6 billion to the Sickle Cell Foundation Nigeria (SCFN). The donation underscores the company’s ongoing commitment to addressing critical healthcare needs and fostering community […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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MTN Increases Data Prices As Telecom Operators Implement NCC-Approved 50% Tariff Adjustment
MTN Nigeria revises its data plan prices as telecommunications companies across the country begin implementing the 50% tariff adjustment recently approved by the Nigerian Communications Commission (NCC). The updated pricing structure shows that MTN’s 1.8GB monthly plan now costs ₦1,500, replacing the previous 1.5GB plan priced at ₦1,000. Additionally, the 20GB data plan now costs […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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NIN Now Mandatory For Access To Social Services In Nigeria – SGF
The Secretary to the Government of the Federation (SGF), Senator George Akume, announces that the National Identification Number (NIN) is now a mandatory requirement for Nigerians to access all social services and government palliatives. Akume makes this known while inaugurating an Inter-Ministerial Retreat on the Nigeria Digital Identification for Development (ID4D) Project at the Radisson […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Court Upholds FCCPC’s Authority to Investigate MTN Amid Service Outages
A Federal High Court in Lagos has affirmed the Federal Competition and Consumer Protection Commission’s (FCCPC) statutory authority to regulate competition and consumer protection across all sectors, including telecommunications. The ruling, delivered by Justice Friday Ogazi, dismissed a lawsuit filed by Emeka Nnubia, an MTN shareholder, who sought to halt the FCCPC’s investigation into the […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Elon Musk Denies Interest In Buying TikTok’s U.S. Operations
Tech billionaire Elon Musk has made it clear that he has no plans to purchase TikTok’s U.S. operations, despite widespread speculation. The popular social media platform, owned by Chinese tech company ByteDance, has been under scrutiny in the United States over national security concerns. Musk addressed these rumors while speaking at a conference in Germany […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Court Confirms FCCPC’s Authority To Oversee Competition In All Sectors, Including Telecoms
The Federal High Court in Lagos affirms that the Federal Competition and Consumer Protection Commission (FCCPC) has the legal authority to regulate competition and protect consumers across all industries, including the telecommunications sector. This announcement comes through a statement on the FCCPC’s official X page by Ondaje Ijagwu, Director of Corporate Affairs. The ruling reinforces […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Latest Business News Roundup In Nigeria February 2nd – 8th 2025
Hello Readers, Bizwatchnigeria brings you the latest business news highlights in Nigeria for the week of February 2nd–8th, 2025. FG Unveils Plans To Improve Loan Access For Nigerian SMEs The Federal Government announces plans to launch a new initiative aimed at easing access to loans for Small and Medium Enterprises (SMEs) across Nigeria. The Minister of State for Industry, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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.ng Domain Price in Nigeria Increased by 86%: Here Is The New Rate in 2025
If you own a website in Nigeria or plan to register a .ng domain, you might have noticed a significant price increase.As of 1st February 2025, the Nigerian Internet Registration Association (NIRA) has implemented new domain pricing, causing 2nd-level .ng domains to increase by 86% and 3rd-level domains to rise by 200%.This price increase will […]
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.ng Domain Price in Nigeria Increased by 86%: Here Is The New Rate in 2025
If you own a website in Nigeria or plan to register a .ng domain, you might have noticed a significant price increase. As of 1st February 2025, the Nigerian Internet Registration Association (NIRA) has implemented new domain pricing, causing 2nd-level .ng domains to increase by 86% and 3rd-level domains to rise by 200%. This price […]
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NLC Suspends Nationwide Protest Against Telecom Tariff Hike
The Nigeria Labour Congress (NLC) suspends its planned nationwide protest against the proposed 50% increase in telecommunications tariffs. This decision follows discussions with the federal government, leading to an agreement to address concerns raised by the union regarding the tariff hike. NLC General Secretary Emmanuel Ugboaja confirms the suspension in a directive to all state […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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FG Forms Committee To Address Telecom Tariff Hike
… As NLC Suspends Nationwide Protest The Nigeria Labour Congress (NLC) has suspended its planned one-day nationwide protest against a proposed 50 percent increase in telecommunications tariffs, following a late-night meeting with federal government officials on Monday. The protest, which was scheduled to take place across all 36 states and the Federal Capital Territory (FCT), […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Telecom Operators Work To Improve Service Quality After Tariff Hike
Telecommunications operators in Nigeria are actively working to improve service quality ahead of the three-month timeline set by the Nigerian Communications Commission (NCC) following the recent 50% tariff increase. During a recent forum with telecom CEOs and the media, Tobe Okigbo, MTN Nigeria’s Chief Corporate Services and Sustainability Officer, confirms that operators have already started […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Latest Business News Roundup In Nigeria January 26th – February 1st 2025
Hello Readers, Bizwatchnigeria brings you the latest business news highlights in Nigeria for the week of January 26th–February 1st, 2025. Market Wrap: All-Share Index Increases 0.79%, BETAGLASS Leads Gains, ACCESSCORP Tops Trading Volume On January 27, 2025, the Nigerian stock market experiences a positive day as the All-Share Index (ASI) rises by 820.41 points to reach 104,418.95. This represents […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Telecom Operators Explain 50% Price Hike
Telecom companies in Nigeria have explained why they recently raised their service prices by 50%. According to the Association of Licensed Telecoms Operators of Nigeria (ALTON), the increase was necessary due to rising costs and to keep the industry running smoothly. ALTON Chairman, Mr. Gbenga Adebayo, said the decision wasn’t taken lightly. He pointed out […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Student Leaders Meet Ncc Over Telecom Tariff Hike, Cso Supports Adjustment
The Nigerian Communications Commission (NCC) is set to host a high-level dialogue today in Abuja, as student leaders from the National Association of Nigerian Students (NANS) and the National Association of Polytechnic Students (NAPS) converge to discuss the recently announced 50% hike in telecom tariffs. The meeting, facilitated by the NCC following a formal request […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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NIMC Launches Multipurpose Card To Enhance Digital Financial Inclusion In Nigeria
The National Identity Management Commission (NIMC) is set to revolutionize Nigeria’s financial landscape with the introduction of a multipurpose card. This initiative, designed to integrate more than 28 million Nigerians into the digital payment ecosystem, marks a significant step toward broadening financial inclusion across the country. The new card automatically grants Nigerians with a National […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Presidency Justifies 50% Telecom Tariff Increase, Emphasizes No Immediate Price Hike
The Presidency defends the 50% tariff increase granted to telecom operators by the Nigerian Communications Commission (NCC), saying it is vital for sustaining the industry. However, it clarifies that the approval does not automatically lead to a price increase for consumers. Telecom operators have the flexibility to maintain their current rates if they remain financially […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Latest Business News Roundup In Nigeria January 19th – 25th 2025
Hello Readers, Bizwatchnigeria brings you the latest business news highlights in Nigeria for the week of January 19th–25th, 2025. Vice President Shettima Leads Discussions At World Economic Forum 2025 Nigeria’s Vice President, Kashim Shettima, is actively participating in the 2025 World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. He is engaging in high-level discussions focused on economic growth, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Telecom Subscribers’ Group Rejects NLC’s Planned Protest Against Tariff Hike
The National Association of Telecommunication Subscribers (NATCOMS) distances itself from the Nigeria Labour Congress (NLC)’s planned industrial action against the recently approved telecom tariff hike. NATCOMS President, Deolu Ogunbanjo, states that the proposed protest is unnecessary and warns that it could discourage investors. The Nigerian Communications Commission (NCC), the telecom industry regulator, approves a 50% […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Nigeria Requires $360 Million To Achieve 98% 4G Coverage, GSMA Reports
The Global System for Mobile Communications (GSMA) reports that Nigeria needs an investment of approximately $360 million to extend 4G coverage to 98% of its geographical area. In its “2024 Year in Review” report for Sub-Saharan Africa, the GSMA highlights significant developments in the region’s telecom industry. The report reveals that Nigeria’s 4G coverage has […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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NLC Threatens Nationwide Telecoms Boycott Over 50% Tariff Hike
The Nigeria Labour Congress (NLC) has called on Nigerians to brace for a possible nationwide boycott of telecommunication services following the Nigerian Communications Commission’s (NCC) approval of a 50% increase in telecom tariffs. The NCC, on Monday, announced the tariff hike after telecommunications operators lobbied for cost-reflective pricing amid escalating operational expenses. The adjustment, which […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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FCCPC To Monitor Telecoms’ Compliance With Tariff Adjustment
The Federal Competition and Consumer Protection Commission (FCCPC) has reaffirmed its commitment to monitoring the implementation of the newly approved 50% telecommunications tariff adjustment to safeguard consumer interests and ensure compliance with regulatory standards. In a statement issued on Wednesday in Abuja, FCCPC’s Director of Corporate Affairs, Mr. Ondaje Ijagwu, stated that the commission is […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Nigeria Labour Congress Rejects 50% Telecom Tariff Hike, Calls For Nationwide Boycott
The Nigeria Labour Congress (NLC) has called on Nigerians to prepare for a nationwide boycott of telecommunication services in response to the Federal Government’s recent approval of a 50% increase in telecom tariffs. NLC President Joe Ajaero described the hike as a heavy burden on citizens already struggling with rising costs of living. In a […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Telecom Operators Respond To NCC’s 50% Tariff Adjustment Approval
Telecommunications operators under the Association of Telecommunications Companies of Nigeria (ATCON) react to the Nigerian Communications Commission’s (NCC) approval of a 50% tariff adjustment. While the decision does not fully meet the industry’s request for a 100% increase, ATCON acknowledges it as a step toward addressing operational challenges and ensuring service quality for Nigerians. In […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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SERAP Calls For Immediate Reversal Of 50% Tariff Increase, Threatens Legal Action
The Socio-Economic Rights and Accountability Project (SERAP) demands that the Federal Government and telecommunications companies (telcos) reverse the recently implemented 50% increase in call and data tariffs within 48 hours, or face legal action. In a statement issued via Twitter, SERAP condemns the tariff hike as unlawful and insists on an immediate reversal, warning that […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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NATCOMS Challenges NCC’s 50% Telecom Tariff Hike In Court
The National Association of Telecommunications Subscribers (NATCOMS) announces plans to challenge the Federal Government’s approval of a 50% telecom tariff increase, arguing that the decision lacks proper consultation with subscribers and key stakeholders. NATCOMS President, Deolu Ogunbanjo, criticizes the Nigerian Communications Commission (NCC) for implementing the hike, calling it a financial burden on both businesses […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Banks Rush To Settle USSD Debt As January 27 Deadline Nears
Several commercial banks in Nigeria are making last-minute efforts to clear their outstanding Unstructured Supplementary Service Data (USSD) debt before the January 27 deadline. The move comes as telecom operators prepare to disconnect banks that fail to meet their financial obligations. Industry sources confirm that some of the affected banks have begun partial payments, while […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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NCC Approves 50% Tariff Hike For Telecom Operators
The Nigerian Communications Commission (NCC) has approved a 50% tariff adjustment for telecom services, citing rising operational costs. This is the first rate adjustment since 2013. Announcing the decision, NCC’s Director of Public Affairs, Reuben Muoka, explained that the increase is lower than the 100% proposed by some operators. The adjustment complies with the 2013 […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Nigeria Introduces New Multi-Purpose National Identity Card
The National Orientation Agency (NOA) rolls out the General Multipurpose National Identity Card (GMPC), which consolidates several identification systems into one. This new initiative aims to simplify the identification process and provide easier access to financial services, government interventions, and travel services for Nigerian citizens. The GMPC serves multiple purposes, eliminating the need for Nigerians […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Meta Unveils Edits: A Video Editing App for Creators
Meta, the parent company of Facebook and Instagram, is making waves once again with the announcement of its new video editing app, Edits. The app is set to provide creators with powerful tools to make high-quality video content directly from their mobile devices. The announcement comes amidst significant changes in the video editing app market, […]
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Latest Business News Roundup In Nigeria January 12th – 18th 2025
Hello Readers, Bizwatchnigeria brings you the latest business news highlights in Nigeria for the week of January 12th–18th, 2025. Nigeria Attracts $7.6 Billion In Investments At Africa Investment Forum 2024 The Africa Investment Forum (AIF) 2024 secures $7.6 billion in investment interest for Nigeria, highlighting the nation’s growing potential to attract global capital for development projects. Dr. Akinwumi Adesina, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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