Nigeria 7th in Mobile Phone Usage, 11th in Internet Penetration Globally—NCC

Image

By Adedapo Adesanya

The Nigerian Communications Commission (NCC) has said Nigeria now ranks seventh in terms of mobile phone usage globally while it takes the 11th spot in terms of internet penetration.

The NCC Executive Vice Chairman/Chief Executive Officer, Mr Umar Danbatta, disclosed this while speaking at the opening ceremony of a two-day workshop on emerging technology forum for the telecommunications industry in Abuja on Thursday.

Mr Danbatta, who was represented by Mr Abraham Osahadami, the NCC’s Head of Spectrum Database Management, said 82 per cent of the country’s 200 million+ population are telecom subscribers while just 29 per cent consume the internet.

“Our nation ranks eleventh globally in terms of internet penetration and seventh in terms of mobile phone usage.

“Despite these remarkable metrics, the fact that our Network Readiness Index (NRI) ranking for 2022 is 109th out of 131 countries is both humbling and challenging,” he quipped.

Mr Danbatta noted that the Nigerian telecommunications industry had embarked on a remarkable growth trajectory, solidifying its position as an engine of economic growth.

“The enhancement of digital access and the expansion of our networks have left an indelible impact on the lives of our citizens. While we celebrate these accomplishments, we are keenly aware that our dynamic society requires even higher connectivity, reliability, and accessibility standards,” he said.

He said the surge in data utilisation, the proliferation of the Internet of Things (IoT), the advent of artificial intelligence, and the emergence of cutting-edge technologies highlight the urgent need for ongoing network surveillance and expansion.

To navigate this era of transformation, he said the nation must embrace innovation, make strategic investments, and cultivate a growth-friendly ecosystem.

He explained that this platform is Nigeria’s gateway to innovative and disruptive solutions that can positively transform our industry.

“By engaging in conversations about new technologies, collaborating with global best practices and subject-matter experts, and pooling our insights, we open the door to unimaginable future possibilities.

“Let us grasp this opportunity to investigate emerging technologies, envisage their potential applications, and determine how they can be leveraged to solve our specific challenges,” he said.

He said the global data collected by the NRI team reveals that digital transformation is a global imperative in order to maximize the social and economic effects of the digital era, adding that it can create new inequalities which can hinder the ability of younger generations to engage in the digital economy, but also remains a powerful way to do more with less at all levels of income.

He explained that the NRI is a guiding metric that measures the role and impact of Information and Communication Technology (ICT). It explores the performances of 131 economies in four key categories: technology (infrastructure), governance, people, and impact.

“Throughout our deliberations, we will engage in thought-provoking forum discussions that explore the foundational pillars of NRI through a number of presentations by renowned professionals in the technology landscape,” he said.

Share
Related Stories
Image
23-October-2023

Bosun Tijani, Funke Opeke, Others for DICE Unveiling November 8

By Modupe Gbadeyanka The unveiling of Digital Innovation & Creative Excellence (DICE) on Wednesday, November 8, 2023, will be witnessed by critical stakeholders in the technology industry. DICE is an initiative of Beyond Limits in partnership with key stakeholders in the tech, business, and creative ecosystem. The company, established by an expert in the field, Ms Juliet Ehimuan, has themed the launching of the initiative as Solve for Africa: Co-Creating a Tech-Enabled Future. Those expected to grace the occasion include the Minister of Communications and the Digital Economy, Nigeria, Mr Bosun Tijani; the founder of MainStreet Technologies, Ms Funke Opeke;

Image
29-September-2023

FG Commits to Nigeria’s Data Harmonisation

By Adedapo Adesanya The Nigerian government has expressed a fresh commitment to the harmonisation of the country’s data through the National Identity Management Commission (NIMC). This was disclosed by the Minister of Interior, Mr Olubunmi Tunji-Ojo, who said that his Ministry was committed to the success of the project, assuring that the days for multiple ID registration would soon be over. Mr Tunji-Ojo, while hosting the MTN management team led by its chief executive, Mr Karl Toriola, earlier this week in Abuja, disclosed that NIMC has been mandated to harmonise the country’s database as President Bola Ahmed Tinubu seeks to

Image
23-October-2023

FG, IHS Tower to Create 3 Million Technical Talent Learning Community

By Adedapo Adesanya The Minister of Communications, Innovation, and Digital Economy, Mr Bosun Tijani, has announced a N1 billion partnership between the ministry and IHS Towers, one of the largest independent communications infrastructure firms in the world, to establish the 3 Million Technical Talent (3MTT) Learning Community. The ministry earlier this month released a 31-page policy document titled Accelerating our Collective Prosperity through Technical Efficiency which outlined plans to boost the country’s economy through the use of technology. It said it would collaborate with other ministries and parastatals, including private sector stakeholders to drive opportunities for startups to facilitate the

Image
18-October-2023

NCC to Focus on Effective ICT Strategic Blueprint

By Adedapo Adesanya The newly appointed Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Mr Aminu Maida, has emphasized a need to focus on efforts that align with the Strategic Blueprint of the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, and the digital economy drive of President Bola Tinubu. Mr Maida, who resumed duty on Tuesday, met with the Senior Management Staff of the commission where he highlighted his focus and emphasized all targets under his administration. Mr Maida started his day by taking a tour of the agency’s headquarters and held a productive meeting with

More Stories
Image
09-September-2016

Chocademy Thrills 2700 Students, Participants In Ilorin

By Modupe Gbadeyanka There’s no doubt that the grand finale of the Cowbell Chocolate Summer Camp at Ilorin, Kwara State, which started in August 2016 at Makurdi, Benue, excited the over 2,700 fun-loving school children, parents and indigenes that stormed venue of the epic occasion, Savannah Hotel. The Cowbell Chocolate summer camp, also called Chocademy is a funfair educational programme that accommodates pupils/students of primary and secondary schools; designed to occupy and teach them various skills during the summer holidays. Mr Kingsley Onuoha, Brand Manager, Cowbell Chocolate reveals that the idea behind Chocademy is “to bring together children with diverse

Image
24-June-2019

Olota of Ota Wants Iyana-Ilogbo, Atan-Ota, Agbara Roads Fixed

The traditional ruler of Sango Ota in Ogun State, Oba Abdulkabir Obalanlege, has appealed to the state governor, Mr Dapo Abiodun, to pay keen attention to the Iyana-Ilogbo road that links Abeokuta to Ota, saying the road has remained a death trap that needed urgent attention. Speaking at his first-year coronation anniversary as the Olota of Ota, the monarch also urged the Governor to look into the road from Atan-Ota to Agbara because it “begs for attention.” The traditional ruler also called on Mr Abiodun to bridge the gaps between the other sections of the state and Aworiland. The elated

Image
22-July-2023

Nigerian Naira Falls at Official Market, Black Market, Gains at P2P

By Adedapo Adesanya The Nigerian Naira weakened against the US Dollar at the Investors and Exporters (I&E) and the parallel market windows of the foreign exchange (FX) market on Friday but appreciated in the Peer-to-Peer (P2P) segment as the country battles with a shortfall in the supply of forex into the currency market. The liquidity crisis is making it difficult for FX traders to meet the high demand of their customers, especially those who need foreign currencies for travel and other needs, putting pressure on the local currency. In the official market, the domestic currency depreciated against the Dollar yesterday

Image
18-April-2021

WAEC Unveils New Modalities for Results, Certificate Collection

By Adedapo Adesanya The West African Examinations Council (WAEC) Nigeria has announced new modalities for the collection of results and printed certificates by candidates from offices of the council in Nigeria. The examination body, while informing candidates and the general public of the modalities, noted that the new system would only apply to private candidates, as school candidates are expected to channel their requests through their schools. A statement signed by the Acting Head, Public Affairs, WAEC Nigeria, Mr Demianus Ojijeogu, said: “The new modalities are a clear departure from what obtained in the past, where it was mandatory for

Image
11-May-2018

CCNN Rewards Shareholders with N1.25k per Share Dividend

By Dipo Olowookere The board of Cement Company of Northern Nigeria (CCNN) Plc has decided to reward shareholders of the firm through the payment of dividend. The company’s highest decision making organ is proposing to pay shareholders a dividend of N1.50k per 50k ordinary share, subject to appropriate withholding tax and approval of the shareholders at the Annual General Meeting (AGN) scheduled for next month in Lagos. The firm said in a notice to the Nigerian Stock Exchange (NSE) that the dividend would only be paid to shareholders whose names appear in the Register of Members as at the close

Image
17-October-2019

Fitness Enthusiasts Gather in Lagos for Verve Life 3.0

By Dipo Olowookere It was a gathering of fitness enthusiasts on Saturday, October 12,2019 at the Landmark Events Centre, Water Corporation Drive, Victoria Island, Lagos for an event tagged Verve Life 3.0. The programme, which had fun and wellness enhancing sessions despite the torrential rain, was put together by Verve International, which has continued to blaze the trail and inspire Nigerians to a lifestyle of fitness and wellness. The event was well attended by corporate executives, celebrities and individuals from all walks of life like Mike Edwards of the just concluded Big Brother Naija; Tobi Bakre of the previous Big

Image
31-July-2018

Ecobank Headquarters in Lagos Records Fire Outbreak

By Modupe Gbadeyanka A fire incident was recorded on Tuesday morning at the corporate headquarters of Ecobank Nigeria in Lagos. According to the financial institution, the disaster was caused by a diesel tanker, leaving customers and officials of the lender to run to safety. Ecobank, via its official Twitter page, said officials of both the federal and Lagos State fire service have brought the situation under control. The lender said no live was lost to the inferno just as it emphasised that its building was also not affected by the fire. “Officers of the Federal and Lagos State Fire Service

Image
11-May-2017

Famine: UN Scribe Seeks Further Funding

By Dipo Olowookere On the eve of the London Somalia Conference, United Nations Secretary-General, Mr António Guterres, has called for further scale-up of the humanitarian response in Somalia and strengthening of the partnership between the international community, the Federal Government of Somalia and humanitarian partners to avert famine. Somalia is facing prolonged drought which has left 6.7 million people — more than half the population of the country – in need of humanitarian assistance. The situation continues to deteriorate and the possibility of famine in 2017 remains very real, despite an already massive scale-up of assistance since the beginning of

Ad
Ad
Recent Stories
Image
28-November-2023

Zenith Bank Lights Up Ajose Adeogun Street With Beautiful Decorations

By Aduragbemi Omiyale The popular Ajose Adeogun Street and Roundabout on Victoria Island, Lagos, is wearing a new look, thanks to Zenith Bank Plc, which designed the areas with beautiful Christmas decorations. The yearly ritual of the financial institution is a part of its Corporate Social Responsibility initiatives aimed at setting the tone for the Christmas and Yuletide seasons. Performing the Light-Up ceremony, the 17th of its kind recently, the chief executive of Zenith Bank, Mr Ebenezer Onyeagwu, expressed his delight in heralding the 2023 Yuletide season by lighting up the iconic Ajose Adeogun Street and Roundabout. He urged everyone

Image
28-November-2023

FG Rehabilitate TinCan, Onne Port, Others With $1.1bn

By Adedapo Adesanya  The federal government, through the Nigerian Ports Authority (NPA), has announced plans to invest $1.1 billion to fully rehabilitate decaying port infrastructure at TinCan, Apapa, Rivers, Delta, Calabar, and Onne ports as part of efforts to improve the efficiency of the nation’s existing ports. Out of the estimated 47,000 kilometres of coastline in Africa, Nigeria makes up about 853 kilometres, creating the perfect opportunity to get access to its much-needed revenue. This coastline and a 200 nautical mile exclusive economic zone make up Nigeria’s coastline in the Gulf of Guinea. The coastline equals a maritime area of

Image
28-November-2023

EFCC Educates Public About Ways to Prevent ATM Card Swap Fraud

By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians of unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swap fraud. The commission issued the alert on Monday in a statement by the Head of Media and Publicity, Mr Dele Oyewale. According to the EFCC, fraudsters engaged in this activity typically keep a debit card from the same bank and, under the guise of assisting a confused bank customer at an ATM point, swiftly swap the card while memorising the PIN used with fake cards. “These cards get stuck in the machine due to a

Image
28-November-2023

NCAA Suspends United Nigeria Airlines Wet-Lease Aircraft

By Aduragbemi Omiyale One of the wet-lease aircraft in the operations of United Nigeria Airlines has been suspended by the Nigeria Civil Aviation Authority (NCAA). A wet-leased is a leasing arrangement whereby one airline (the lessor) provides an aircraft, complete crew, maintenance, and insurance (ACMI) to another airline or other type of business acting as a broker of air travel (the lessee), which pays by hours operated. The regulator decided to suspend the plane after one of the flights of the airline destined for Abuja from Lagos landed in Asaba, Delta State, over the weekend. While the company claimed the

Image
28-November-2023

BFREE Plans $40m to Acquire Bad Loans from Union Bank

By Modupe Gbadeyanka A cutting-edge German-Nigerian financial technology (fintech) firm, BFREE, plans to put down $40 million to acquire some distressed loan portfolios in Union Bank of Nigeria. A statement from the Nigerian lender said both parties signed a Memorandum of Understanding (MOU) in Berlin on November 21, 2023, at the German-Nigerian Business Forum. It was disclosed that BFREE would partner with its international financing partners to refinance bad loans from Union Bank, particularly those delayed in repayment or already written off. Union Bank expressed its optimism that this strategic partnership with BFREE would not only bolster the bank’s financial

Image
28-November-2023

Unlisted Securities Close 0.84% Higher

By Adedapo Adesanya The duo of Aradel Holdings Plc and 11 Plc landed the NASD Over-the-Counter (OTC) Securities Exchange in the green territory by 0.84 per cent on Monday, November 27. The two energy stocks overpowered losses posted by two other securities admitted to the alternative stock exchange, leaving the NASD Unlisted Security Index (NSI) closing higher by 7.22 points to 864.51 basis points from 857/29 points, as the market capitalisation of the exchange increased by N9.78 billion to N1.171 trillion from N1.162 trillion. Aradel Holdings Plc saw its share price continue to soar as it rose by N28.80 to

Image
28-November-2023

Naira Falls at Across FX Market Segments as CBN Vows to Clear Backlogs

By Adedapo Adesanya The Naira depreciated in the opening session of the week in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, November 27 against the Dollar by N19.71 or 2.5 per cent as the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, said the lender was committed to clearing a backlog of foreign exchange (forex). “We have initiated the payment of unsettled forward foreign exchange obligations, and these payments will continue until all obligations are cleared,” he told bankers last Friday during a dinner speech in Lagos. However, his assurance could not ease the pressure

Image
28-November-2023

Tinubu Reshuffles NNPC Board, Retains Kyari as CEO

By Adedapo Adesanya President Bola Tinubu has announced the reappointment of Mr Mele Kolo Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. This move comes as part of a larger reshuffle, where President Tinubu has unveiled a new board and management team for the NNPC Limited which will commence their duties from December 1, 2023. Mr Kyari’s reappointment comes after recent calls to have him sacked. Having spent four years under the immediate past administration of Mr Muhammadu, the renewed appointment shows the current government has confidence in his ability to steer the

Image
28-November-2023

Investors’ Bullish Optimism Further Lifts NGX Index by 0.17%

By Dipo Olowookere The positive momentum witnessed at the Nigerian Exchange (NGX) Limited continued on Monday with a 0.17 per cent leap at the close of business. Buying pressure, particularly in a few blue-chip equities, kept the bulls at Customs Street during the trading session, though the consumer goods space succumbed to profit-taking by 0.99 per cent. But hope was kept alive by the gains reported by the other key sectors of the market, with the banking counter growing by 1.71 per cent, and the industrial goods index appreciating by 0.01 per cent, while the insurance and energy sectors remained

Image
28-November-2023

Brent Crude Slides Below $80 Per Barrel Ahead OPEC+ Meeting

By Adedapo Adesanya Brent crude benchmark dipped below $80 a barrel on Monday, precisely losing 60 cents of 0.7 per cent to trade at $79.98 a barrel as investors await this week’s meeting of the Organisation of the Petroleum Exporting Countries and their allies (OPEC+). The group is anticipated to maintain its ceiling on crude oil production by member countries into 2024. This affected the oil market, with the West Texas Intermediate (WTI) crude futures declining yesterday by 68 cents or 0.9 per cent to trade at $74.86 per barrel. Last week, the 23-man OPEC+ postponed its Sunday ministerial meeting