Browsing: NCC

  • Starlink is an internet company owned by America’s billionaire Elon Musk.
  • The company targets to service five per cent of internet users in the world, inclusive of Africa’s biggest economy.
  • Starlink expects to start operation by the end of the year 2022.

It is about to go down in Nigeria!

This is if data from the Nigerian Communications Commission (NCC) is anything to go by. The data from this independent National Regulatory Authority for the telecommunications industry in Nigeria shows that two of the country’s telcos have lost over 1.37 million data users.

This is after Starlink, an internet company owned by America’s billionaire Elon Musk, revealed that it was planning to invest in the Nigerian internet service market. MTN and 9mobile have been the biggest casualties.

Read: Nigeria attracts Africa’s highest Foreign Direct Investments beating South Africa, Angola

Despite the hopes, questions abound if Starlink will manage to address …

Nigeria which has one of the largest and vibrant telecom markets in Africa, is now embarking on a new broadband infrastructure investment project worth $ 732 million to boost its economy which is currently recovering from its 2016 economic contraction, Bloomberg news reveals.

As the pace of the Nigeria economy remained soft in 2019 soon after the general elections, economy outlook of the populous nation in Africa shown by African Development Bank (AfDB) indicates that, the GDP growth is expected to sustain a gradual growth in 2020, anticipated to grow above 2.3 per cent, which is quicker than 2019 and below 3 per cent.

According to Bloomberg, the project will be executed within four years as the Nigeria government trains its focus on enhancing the nationwide coverage.

According to the chief executive officer of the Nigerian Communications Commission (NCC) Umar Danbatta, the government of Nigeria will offer over $ 179 …