Nigeria needs to deepen economic reforms and boost government revenues in order to have a sustained recovery after a coronavirus-induced oil price shock that slashed income and weakened its currency, the World Bank’s country director told Reuters on Friday. Shubham Chaudhuri said Nigerians are aware they cannot simply wait for oil prices to recover as […]
MTN Nigeria said it deactivated 600,000 active subscribers in compliance with the directive of the Nigerian Communications Commission to deactivate partially registered SIM cards. The telecommunication company recorded 61.6 million subscribers at the end of the third quarter, adding 100,000 users quarter on quarter, the Q3 unaudited financial report ended September 30, 2019, stated. In […]
The Internet speed in Nigeria has remained slow despite recording increasing subscriptions to third generation of wireless technology, 3G and fourth generation of wireless technology, 4G in the past one year. Nigeria ranked 107th in mobile Internet download speed as of February 2019, down one place from its 106th position in January, the latest data […]