The Nigerian Communications Commission (NCC) has said that its intervention in the ongoing N54.8 billion Etisalat debt saga was informed by the desire to sustain the industry’s significant contribution to National GDP, employment creation and infrastructure roll-out. The Commission made this known while reacting to stakeholder enquiries regarding the current …
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Nigerians lose billions of Naira to telecom operators,says Senate
THE Senate, yesterday, raised alarm that Nigerians have been robbed of billions of Naira, following the unwholesome practices by telecommunications network operators in Nigeria. It also condemned in very strong terms the inefficiency of GSM network operators in Nigeria, which had resulted in poor service delivery. The Senate said it …
Read More »NCC suspends Data price increment
Photo: www.skyscrapercity.com The Nigerian Communications Commission on Wednesday announced the immediate suspension of the new minimum pricing template for data services by mobile operators. The new rate, which would have led to price increase in data for some Nigerians, was scheduled to take effect from December 1. The NCC …
Read More »N1.4trn fine: Court bars MTN from moving funds abroad
The Federal High Court in Lagos on Tuesday barred MTN Nigeria Communications Limited from moving any funds from all banks in Nigeria abroad pending hearing of its suit challenging the N1.4trillion fine imposed on it by the Nigerian Communication Commission (NCC). Justice Mohammed Idris ordered parties to maintain status quo. …
Read More »Twitter Limit To Go From 140 to 10,000 Characters Long
Micro-blogging social network, Twitter is currently planning to get rid of its 140-character limit and replace it with a new feature that lets users post tweets that are up to 10,000 characters long, according to Re/code. Sources familiar with the plan said the new feature, which is currently being called …
Read More »MTN Group CEO Dabengwa Resigns Over N1.04 Trillion Fine
This are indeed troubled times for the MTN Group as its President and Chief Executive Officer, Sifiso Dabengwa, resigned on Monday morning over the N1.04tn fine imposed on MTN Nigeria by the country’s regulatory body – the Nigerian Communications Commission.A credible source at the MTN Group office said the company subsequently …
Read More »MTN resumes trading on South Africa’s stock exchange after initial suspension
MTN group has resumed trading on the Johannesburg Stock Exchange (JSE), after an initial suspension earlier on Monday. The telecommunications company’s shares were halted few minutes before 11am on Monday, following controversies regarding its N1.04tr fine by the Nigerian Communications Commission (NCC). But MTN resumed trading at 1:40 pm, with warning …
Read More »Corruption drove us out of Nigeria,says Econet boss
Chairman of telecoms giant, Econet Wireless, Mr. Strive Masiyiwa, in this post on his blog —http://www.econetwireless.com/strive_masiyiwa_blog, tells the story of his first hand nasty experience in the hands of corruption in Nigeria while challenging all to “be the generation that fights corruption.” In his blog,he allege that a former governor …
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