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Campus Drive
Increased 5G rollout and 4G has improved foreign investments into the telecommunications sector by 325.12 per cent in 2022. The capital importation data from the National Bureau of Statistics showed that telecoms attracted $456.82m in 2022, compared to $107.46m that was attracted in 2021. This is as the sector continued to retain its foreign investment appeal despite the country’s challenging economic environment.
In a bid to produce at least 2.1 million barrels of oil daily, the Federal Government is reviving shut-in crude oil wells from various drilling facilities in the Niger Delta. According to data from the Nigerian Upstream Petroleum Regulatory Commission, about 900,000 barrels of oil per day could be produced from quick interventions on the shut-in wells, while the medium and long-term initiatives could add 1.2 million barrels of oil […]
President Muhammadu Buhari has said that the proposed 40 MVA substation in Akwa Ibom State would strengthen the national grid by increasing its wheeling capacity to 25, 000MW by the year 2025. Buhari stated this while performing the ground breaking ceremony for the construction of the substation estimated to cost over N6.8 billion. He added that the project would improve service delivery and increase capacity to supply power to the people of […]
The Computer Security Incident Response Team of the Nigerian Communications Commission, NCC, has warned Nigerians against viral Tiktok challenge that exposes device to Information-Stealing Malware. The Team gave the warning in a statement signed by the Commission’s Director of Public Affairs, Reuben Muoka. The statement noted that the threat actors had taken advantage of a viral TikTok challenge, known as the Invisible Challenge, to disseminate an information-stealing malware. The CSIRT […]
Enugu Electricity Distribution Company has expressed concern over the increase in the vandalism of its electrical facilities across the South-East region. This was disclosed in a statement by, the Head of Corporate Communications, EEDC, Emeka Ezeh, and made available to newsmen. According to him, a total of eight vandal suspects have been arrested for attacking power equipment belonging to EEDC and had been handed over to the Police for proper […]
The Transmission Company of Nigeria has blamed the power generation and distribution companies for the repeated collapse of the national electricity grid. Chairman, Technical and Monitoring Committee Nsima Ekere, disclosed this at the two-day official visit and inspection of the TCN store in Lagos. He called on the Gencos and Discos to make adequate investments in their networks and infrastructures for Nigerians to enjoy power stability.
The Nigerian Communications Commission has stated that the telecommunication sector sustains 500,000 jobs. Executive Vice Chairman of the Commission, Umar Danbatta, added that the sector’s contribution to Gross Domestic Product had also grown from insignificance to 12.61 per cent as at the last quarter of 2021. Dambatta noted that the sector had attracted $70bn worth of investment till date.
Telecommunication companies have registered 16.72 million subscribers in the first nine months of 2022. According to data from the Nigerian Communications Commission, this brings the total number of active lines in the nation to 211.85 million subscribers. The growth in the nation’s total number of subscribers has been sustained above the 200 million mark since April 2022.
The Nigerian Communications Commission, NCC, has halted the implementation of the newly approved 10% hike in tariff for voice and data services. The Commission gave the directive in a statement issued by its Director, Public Affairs, Reuben Muoka. The statement revealed that the tariff adjustment was proposed and provisionally approved by the Management, but it did not have the approval of the Board of the Commission. It maintained that the […]
