NCC Launches Study on Nigeria's $76bn Telecoms Competition
The NCC has begun a major study to assess competition in Nigeria's $76bn telecoms sector. The aim is to ensure fair play, curb market dominance, and prepare for new tech. Read more.
Category : Search result: Nigerian telecommunications sector
Fibre, Satellite to Transform Nigeria's Telecoms in 2026
Nigeria's telecom sector shifts from 2025 consolidation to aggressive 2026 expansion via a $2B fibre project and satellite tech. Will this dual strategy finally achieve nationwide digital inclusion?
21 Banks Meet CBN Capital Target, Secure ₦5.142 Trillion
Nigeria's banking sector shows strength as 21 banks exceed CBN's recapitalisation requirements ahead of the March 2026 deadline, securing over ₦5 trillion. Discover the leaders and the impact.
Three Nigerian Banks Set for Merger as CBN Deadline Nears
Nigeria's banking sector faces consolidation as three mergers are expected before the March 2026 recapitalisation deadline. Tier-2 banks scramble for survival amid fintech disruption and regulatory pressure. Read the full analysis.
EFCC's N3.2bn Food, Cleaning Budget Sparks Outcry
EFCC's 2026 budget allocates over N3.2bn for meals, cleaning & fuel. Analysts warn of wasteful recurrent spending & weak budget impact. Details inside.
22 Banks Secure Licences as CBN Recapitalisation Nears
With weeks to the March 31, 2026 deadline, 22 of Nigeria's 34 banks have met the CBN's new capital requirements. Discover which banks are safe and how mergers are reshaping the industry for stability and growth.
Fidelity Bank Meets CBN's N500bn Capital Requirement
Fidelity Bank Plc has successfully raised its capital base to N564.5bn, crossing the CBN's N500bn threshold for international banks. Discover how the recapitalisation race is reshaping Nigeria's banking sector with the March 2026 deadline looming.
18 Insurers Ready for NAICOM Capital Verification
Only 18 out of over 50 insurers are ready for NAICOM's capital verification ahead of the July 30 deadline. The exercise aims to strengthen the sector and boost claims payment. Read more.
22 Banks Secure as 2026 Recapitalization Deadline Nears
As the March 31, 2026 deadline looms, 22 of 34 Nigerian banks have secured their licenses under new CBN capital rules. Find out which banks are safe and what mergers are reshaping the sector.
Banks Face Pressure as CBN Closes Easy-Money Window
Nigeria's banking sector braces for tough days as the CBN's termination of pandemic-era loan relief exposes hidden losses, pushing NPLs above the regulatory limit. Discover the sectors most at risk.
12 Nigerian banks yet to meet CBN recapitalisation deadline
With the March 31 deadline looming, at least 12 Nigerian banks are struggling to meet the CBN's new capital requirements. Discover the full list and potential outcomes for the banking sector.
UBA Exceeds CBN Capital Requirement with N157.84bn Rights Issue
United Bank for Africa (UBA) has successfully raised N157.84 billion through a rights issue, exceeding the Central Bank of Nigeria's N500 billion minimum capital requirement. The offer was oversubscribed by 113%, demonstrating strong investor confidence.
19 Banks Meet CBN Recapitalisation Target Ahead of Deadline
Nineteen Nigerian banks have met the CBN's new capital requirements, with Fidelity Bank raising N250bn. Analysts expect more compliance before the March 31, 2026 deadline. Read the full list and analysis.
Nigeria's 2026 Telecoms Boom: Fibre & Satellite Lead
Nigeria's telecom sector shifts from 2025 consolidation to aggressive 2026 expansion, driven by massive fibre optic deployment and satellite connectivity to bridge the digital divide. Will it work?
Fidelity Bank Crosses N500bn Capital Threshold
Fidelity Bank Plc has successfully raised over N250bn in a single day, meeting the CBN's N500bn capital requirement. The move cements its position among Nigeria's top-tier lenders ahead of the March 2026 deadline.
CBN Lists 28 Banks Not Allowed to Operate Abroad
The Central Bank of Nigeria has published a list of 28 banks restricted to domestic operations. Discover which institutions lack international licenses and the impact of the ongoing recapitalisation drive.
Dangote Refinery Floods Market, Denies Shutdown Rumours
Dangote Refinery confirms full operations, dispelling false shutdown reports after loading 43.3 million litres of petrol in one day. Discover the impact on prices and market stability.
GTBank, Zenith Lead N16.14 Trillion Bank Recapitalisation Drive
Nigerian banks accelerate recapitalisation ahead of March 2026 CBN deadline. GTCO, Zenith, UBA lead as sector's market cap hits N16.14 trillion. Read the full analysis.
NSE Seeks Transformational Leadership in Engineering
NSE President Margaret Oguntala highlights the need for strong governance and transformational leadership to reposition engineering for Nigeria's development. A new book chronicles her historic tenure.
Nigeria's Private Sector Ends 2025 on Strong Growth
Nigeria's private sector closed 2025 with robust growth as PMI hit 53.5 in December. Business confidence soared to a six-month high. Discover the key drivers and outlook for 2026.
Nigeria's Oil Sector Wins in 2025, Says Minister Lokpobiri
Minister Heineken Lokpobiri declares 2025 a successful year for Nigeria's oil sector, driven by reforms, new investments, and strengthened local content. Read the full report on the industry's progress and 2026 outlook.
FirstBank Completes N500bn Capital Raise, Otedola Praises Reforms
FirstBank meets CBN's N500bn capital requirement. Billionaire investor Femi Otedola commends Tinubu and Cardoso's economic leadership, calls for raising bank capital to N1 trillion for a $1 trillion economy.
NIPCO to Boost Stake in Savannah Energy to 26.5%
Savannah Energy ends its share buyback, freeing £10m. NIPCO plans to increase its stake to 26.5% via secondary market deals. A new relationship agreement aims to protect minority shareholders. Read the full details.
Universal Insurance Gets BBB- Rating from Agusto & Co
Agusto & Co assigns a BBB- rating with a stable outlook to Universal Insurance Plc, citing strong 2024 results, robust solvency, and improved profitability. Discover the key figures behind the rating.
Glo's Christmas Message: A Call for Peace and Sacrifice
Globacom extends festive greetings, urging Nigerians to reflect on Christ's teachings of love, sacrifice, and compassion. The telco calls for peace and care for one another during the season. Read more.
NGA, Red Door Gallery Partner to Modernise Art Sector
The National Gallery of Art and Red Door Designs Ltd have signed a strategic partnership to transform Nigeria's contemporary art infrastructure and boost economic value in the creative sector.
16 Banks Meet CBN Capital Target Ahead of 2026 Deadline
With 100 days left, Nigeria's banking sector races to meet CBN's recapitalisation deadline. ACAMB dismisses closure rumours as 16 banks already meet requirements. Read the latest updates.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Ahmed defends $5M education spending, welcomes probe
Outgoing NMDPRA CEO Farouk Ahmed dismisses allegations of spending $5m on children's education abroad, invites anti-graft agencies to investigate. Senators Oshiomhole and Jimkuta celebrate his exit, while new nominees chart ambitious reform paths for Nige
Two Arrested for Telecom Vandalism in Osun
Osun NSCDC arrests a driver and scrap dealer for vandalising telecom sites in Eripa and Otan Ayegbaju, recovering stolen batteries. Two suspects remain at large. Read more.
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