The Nigerian Communications Commission (NCC) has approved a tariff increase for telecommunications companies in the country. This announcement was made by Reuben Mouka, the commission’s spokesperson, who explained that the approval was granted under Section 108 of the Nigerian Communications Act, 2003 (NCA), which empowers the NCC to regulate and approve tariff rates for telecom…

The Nigerian Communications Commission (NCC) has instructed telecommunications companies (telcos) to disconnect the USSD codes of nine banks due to unpaid debts. In a statement signed by Reuben Muoka, the NCC’s Director of Public Affairs, the commission announced that the disconnection will take effect on January 27, 2025, if the banks fail to settle their…

Nigeria’s inflation rate rose to 34.80% in December 2024, up from 34.60% in November, according to the latest Consumer Price Index and inflation data released by the National Bureau of Statistics (NBS) on Wednesday, January 15. The increase, a marginal 0.20%, was attributed to heightened demand for goods and services during the festive season. On…

The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced that telecom tariffs in Nigeria will soon be increased, though not by the 100% proposed by Mobile Network Operators (MNOs). Following a stakeholders’ meeting with MNOs in Abuja on Wednesday, Tijani confirmed that consultations are ongoing, and the Nigerian Communications Commission (NCC)…

Petroleum marketers, under the umbrella of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Nigerian government to privatize the Warri and Kaduna refineries. PETROAN made this appeal in a statement issued on Saturday, January 4, titled “Retrospect of Nigeria’s Oil and Gas Downstream Sector in 2024.” The statement was…

Olayemi Cardoso, The Governor of the Central Bank of Nigeria (CBN), has clarified that the 1,000 staff members who recently left the apex bank did so voluntarily and were not forced to resign. Cardoso made this statement on Friday, January 3, during the House of Representatives investigative hearing regarding the disengagement of the workers. He…

Nigerian telecoms companies have proposed a 100% tariff increase across voice, data, and digital services to the Nigerian Communications Commission (NCC) and are now awaiting approval. The proposal, which has already been submitted, aims to address rising operational costs such as inflation and increasing service delivery expenses. MTN Nigeria’s CEO, Karl Toriola, revealed the proposal…

The Nigeria Civil Aviation Authority (NCAA) revealed that 190 flights were cancelled and 5,225 delayed across Nigeria between September and October 2024. Chris Najomo, acting director-general of the NCAA, disclosed these figures on Friday, December 27, during an engagement session with airlines in Lagos. He expressed concern over the increasing rate of flight disruptions…

The Nigerian Communications Commission (NCC) has authorized the disconnection of Exchange Telecommunications Limited from the network of MTN Nigeria due to unpaid interconnect charges. Exchange Telecommunications, a local and international interconnect carrier, was found to have no sufficient justification for the non-settlement of its financial obligations, according to the NCC. In a statement…