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BREAKING: Round one of 3.5GHz 5G license ends with $199.3m

BREAKING: Round one of 3.5GHz 5G license ends with $199.3m

The first round of the auction of the 3.5Ghz spectrum has just ended with the three bidders, MTN Communications Plc, Airtel and MAFAB Communications, taking the current price of the spectrum from the reserved $197.4m to $199, 374m.

5G license auction: Round two ends with $201.3m

5G license auction: Round two ends with $201.3m

By Prince Osuagwu, HiTech Editor, Reporting live from bid ground Round two of the bid began at exactly 1.40pm. Each round is 20 minutes and there are three bidders, MTN Communications Plc, MAFAB Communications Ltd and Airtel Nigeria. They are bidding from a reserved price of $197.4m. The auction which is at the instance of […]

Digital skill: DSN to raise 1m AI experts in Nigeria

Digital skill: DSN to raise 1m AI experts in Nigeria

By Juliet Umeh Information technology,  IT training centre, Data Scientists Network, DSN, formerly known as Data Science Nigeria has said it will empower one million Nigerian youths in artificial intelligence, AI, to impact two billion people from the African emerging markets. DSN made the fresh commitment in Lagos while celebrating five years of operations in […]

Ericsson unveils intelligent automation platform

Ericsson unveils intelligent automation platform

By Juliet Umeh Technology firm,  Ericsson has launched Intelligent Automation Platform, a service management and orchestration product which enables any mobile network to be intelligently automated. According to the company, while building on existing offerings including cloud-native dual-mode 5G Core and the Cloud RAN portfolio, it is adding the Ericsson Intelligent Automation Platform and a […]

Nigeria spends $2.16bn annually on tech-related foreign contents

Nigeria spends $2.16bn annually on tech-related foreign contents

By Juliet Umeh Telecom sector professionals are crying that the rising spending on tech-related foreign contents will undermine gains so far made, and eventually cripple the sector, if something is not done urgently to stem the tide. According to the Association of Telecommunications Companies of Nigeria, ATCON,  the annual outflow of foreign exchange for the telecommunications sector […]

FG to acquire telecom equipment to detect, block fraudsters

FG to acquire telecom equipment to detect, block fraudsters

By Johnbosco Agbakwuru The Federal Executive Council, FEC, Wednesday gave approval for the procurement of telecommunication equipment that will be used to detect and block fraudsters using different SIM cards. The approval of the new regulatory system will help to support the country in addressing challenges of insecurity. The Minister of Communication and Digital Economy, […]

Nigeria to grow gas reserves to 600 trillion cubic feet — Minister

Nigeria to grow gas reserves to 600 trillion cubic feet — Minister

The Minister of State for Petroleum, Chief Timipre Sylva, says the Federal Government is currently working to grow the country’s gas reserve from 206 trillion cubic feet to 600 TCF. Sylva gave the assurance on Wednesday at the 23rd World Petroleum Congress in Houston, Texas, U.S. The News Agency of Nigeria (NAN) reports that the […]

Lagos unveils electricity policy for reliable, affordable energy

Lagos unveils electricity policy for reliable, affordable energy

Lagos State Government on Wednesday, unveiled the ”Lagos State Electricity Policy”, geared at providing cleaner, reliable, affordable and uninterrupted power supply to residents. Speaking at  the unveiling of the policy, organised by the Ministry of Energy and Mineral Resources, Lagos State Governor, Mr Babajide Sanwo-Olu, said that what residents wanted was regular power supply. Sanwo-Olu […]

2.9bn people still have never used Internet – UN report

2.9bn people still have never used Internet – UN report

Some 2.9 billion people still have never used the internet globally and 96 per cent live in developing countries,  making the world’s poorest left far behind, a new UN report has found. According to the International Telecommunication Union (ITU), the estimated number of people who have gone online in 2021 actually went up, to 4.9 […]