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The history of Internet in Nigeria started with the provision of limited E-mail service in 1991, and in July 1995 the Regional Information Network of Africa (RINAF) in collaboration with Rose Clayton Nigeria Limited provided internet service at the computer science department of Yaba College of Technology through the (Nigerian Postal Service (NIPOST)).
MTN Nigeria and Airtel Nigeria are the only mobile network operators that have launched 5G services in Nigeria. The companies have rolled out 5G in these 8 states - Lagos, Abuja, Port Harcourt, Ibadan, Ogun, Kano, Owerri, and Maiduguri, and plan to expand 5G coverage to other states in the future. In Q1 2024, the telecommunications sector in ...
GLO-1 is the first successful submarine cable from the United Kingdom to Nigeria, and GLO is the first individual African company to embark on such a project. [11] [12]GLO-1 has the potential to provide high speed internet services, faster, more reliable and cheaper telecom services. [13]
Gold's price surge past $2,700 per ounce in October 2024 marked the beginning of a sustained rally. The momentum has only strengthened in 2025, with investors continuing to push the precious metal ...
The Central Bank of Nigeria claimed that they attempted to control the annual inflation rate below 10%. In 2011, the CBN increased key interest rate six times, rising from 6.25% to 12%. On 31 January 2012, the CBN decided to maintain the key interest rate at 12%, in order to reduce the impact of inflation due to a reduction in fuel subsidies.
Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
The digital divide is a term used to describe the disadvantage in access to information which people without access to ICT suffer. [1] Nigeria's digital divide refers to the inequality of Nigerian individuals, groups, or organizations with regard to access to Information and communications technology (ICT) infrastructure or to the internet for daily activities. [2]
The NCC was created under Decree number 75 by the Federal Military Government of Ibrahim Babangida in Nigeria on 24 November 1992. The NCC was charged with the responsibility of regulating the supply of telecommunications services and facilities, promoting competition, and setting performance standards for telephone services in Nigeria.