Nigeria Media Practitioners To Patronise dotNG – Remmy Nweke …Says Pros Are Original Social Influencers

The Lead Strategist and Group Executive Editor at DigitalSENSE Africa Media, Mr. Remmy Nweke has urged Nigerian media practitioners to be patriotic about the country’s code Top Level Domain (ccTLD),. Speaking at the 2019 Media College on.NG on his paper entitled “Media as the catalyst for change in Domain Name System (DNS) industry,” Mr. Nweke, enjoined Nigerian media practitioners to own this country resource beginning with their becoming individual registrants on.NG string like ITREALMS.com.ng. He told participants at the 2019 “Media College on.NG” organized by the Nigeria  Internet Registration Association (NiRA)…

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NCC Plans To Develop Local Content Policy To Reduce Youth Unemployment

Prof. Umar Danbatta, Executive Vice-Chairman (EVC), Nigerian Communications Commission (NCC) says the commission is ready to fully develop local content policy in the country, to reduce youth unemployment. Local Content Policy is an Act which defines a Nigerian Company to mean a Company registered in Nigeria in accordance with the provisions of the CAMA. With not less than 51 per cent equity shares owned by Nigerians mandates investors in the sector to consider Nigerian content is an important element in project development. Danbatta, represented by Mrs. Felicia Onwegbuchulam, Director of…

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MTN Bourse Soared By 21 Per cent In Two Days Of Trading…

The Nigerian Stock Exchange announced the listing by the introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc. Details of the listing showed that the shares were introduced at N90 per share on the Nigerian bourse’s Premium Board Thursday. MTN Nigeria, a part of the MTN Group, Africa’s leading cellular telecommunications company, is the first telecommunications network provider to be listed on the NSE Premium Board, a listing segment for the elite group of issuers that meet the Exchange’s most stringent corporate governance and listing standards. The share…

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MTN To List On Nigerian Stock Exchange (NSE)

MTN Nigeria is to be officially introduced on the Nigerian Stock Exchange (NSE) on Thursday 16th of May, 2019 as the telecom company has concluded all relevant processes which will enable it list on the Nigerian bourse, two officials have said. The telecommunications giant, which is the only one listed in the sector by the Nigerian Stock Exchange gained the maximum 10 percent each of the two days of trading. It was initially listed at N90 on Thursday. The NSE and MTN officials who pleaded anonymity confirmed the development that…

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NCC Plans To Develop Local Content Policy To Reduce Youth Unemployment

Prof. Umar Danbatta, Executive Vice-Chairman (EVC), Nigerian Communications Commission (NCC) says the commission is ready to fully develop local content policy in the country, to reduce youth unemployment. Local Content Policy is an Act which defines a Nigerian Company to mean a Company registered in Nigeria in accordance with the provisions of the CAMA. With not less than 51 per cent equity shares owned by Nigerians mandates investors in the sector to consider Nigerian content is an important element in project development. Danbatta, represented by Mrs. Felicia Onwegbuchulam, Director of…

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MTN Nigeria To Combat The Deadly Scourge Of Substance Abuse In The Country

MTN Nigeria said that there was the need to combat the deadly scourge of substance abuse in the country. The Chairman, MTN Foundation, Mr. Julius Adelusi  Adeluyi, said that MTN Nigeria had embarked on a campaign with industry experts to see how substance abuse would be eradicated in the country. “In furtherance of the drive to curb the increasing rate of substance abuse in Nigeria, MTN Nigeria, under the Anti-Substance Abuse Programme (ASAP) led a multi-sectorial roundtable on the substance abuse ecosystem in Nigeria. “There is also the need for…

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Nigeria Loses Three Billion Dollars Annually To Piracy… NCC –

The Nigerian Copyrights Commission (NCC) has disclosed that Nigeria was losing three billion dollars annually to activities of pirates. Director-General (DG) of the commission, Mr. John Asein, made the disclosure at the 2019 World Intellectual Property Day with the theme, `Reach for Gold’: IP and Sports,’’ held in Abuja. Asein, represented by the Director, Legal Services, Mr. Abdul TerKohol, urged the government to put adequate, responsive and effective legal frameworks for the protection and enforcement of sporting and associated industries rights. He said with the advent of new technologies, the…

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NCC To Develop Regulatory Framework For 5G, Tailored To Support The Technology.

Telecommunications Stakeholders recently met in Abuja, held a one-day stakeholders forum to brainstorm on Nigeria’s readiness for 5G and High Altitude Platform Station (HAPS) technology. The Telecoms forum was organised by the Nigerian Communications Commission (NCC) Danbatta who was represented by Mr. Austine Nwaulune, director, Spectrum Administration NCC, according to Danbatta, the 5G framework is still being defined by the International Telecommunication Union (ITU), there is the need to prepare toward massive deployment ofinfrastructure tailored to support the technology. The EVC Prof. Danbatta, said the forum was to bring stakeholders…

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MTN generated voice calls by 7.2 percent in 2017

The revenue generated from voice calls by MTN Nigeria grew by 7.2 per cent in 2017 at constant exchange rate, contributing significantly to the MTN Group’s service revenue. Data subscription also contributed to the earnings of the company, expanding by 86.6 per cent year-on-year as shown by the 2017 financial report of the company. The company reported relatively stable outgoing voice calls, generating R22,744m, apart from international roaming revenue and R4,012m from incoming voice calls including international roaming and excluding revenue from wholesale. Earnings from MTN Nigeria’s data services amounted to R4,376m in…

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MTN’s proposed public offer, As Nigerians anxiously awaits…

The MTN Nigeria may have made headway in its plans to restructure its debts and fund local investments in Nigeria with its local currency after the Securities and Exchange Commission finally approved its bid to be listed on the Nigerian Stock Exchange, after many weeks of delay. This comes about two years after the Nigerian Communications Commission requested that the company must agree to list its shares on the NSE before its fine would be reduced significantly. With this development, MTN Nigeria’s Initial Public Offering has been set for August…

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