ADVERTISEMENT
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

5G for Digital Economy: Nigeria is Making Progress, says NCC 

Justice Godfrey Okamgba by Justice Godfrey Okamgba
June 14, 2022
in Company News
Reading Time: 3 mins read
0
Mafab 5G Launch in Nigeria

Source: ADMC/Pixabay

The Nigerian Communication Commission (NCC) said significant progress has been made toward deploying the Fifth Generation (5G) for a digital economy.

Africa’s largest economy believes that the evolution of young people-oriented technology promises a brighter future in Nigeria’s digital economy.

A digital economy is an economy that is based on digital computing technologies but is often perceived as conducting business through markets based on the internet and the World Wide Web

On December 13, 2021, TechEconomy reported that the NCC issued the final letters of award of the Fifth Generation (5G) Spectrum licenses to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction.

The 5G network, when deployed, will bring a lot of benefits and opportunities that will engender accelerated growth and smart living in the country.

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

The technology is also expected to bring substantial network improvements, including higher connection speed, mobility, and capacity, as well as low-latency capabilities.

“Some of these steps towards achieving the goals include the creation of a full-fledged department of Digital Economy in NCC with a mandate among others to ensure that the programs and targets set in the NNBP 2020-2025 and NDEPS 2020 – 2030 are rigorously pursued, tracked, and attained; Prof. Umar Garba Danbatta, Executive Vice Chairman and Chief Executive Officer, NCC said at the 2022 Nigeria DigitalSENSE Forum series. 

Buttressing his position, the EVC, who was represented by Engr. Abraham Oshadami, Deputy Director and Head of Spectrum Database Management at NCC while dwelling specifically on “5G: Enthronement in Nigeria’s Telecom Sector” outlined some 11-points to drive home his assertion.

He said the NFRACO Companies have been licensed to deploy fibre on an Open Access Basis in Six Geopolitical Zones of the country and Lagos State. Approval to commence rollout was given in April 2021.

According to him, they have developed and secured the Federal Executive Council approval on the Nigerian 5G Policy to guide deployments of 5G services nationwide, while acknowledging the efforts of the Honorable Minister of Communication & Digital Economy, Prof. Isa Ali Ibrahim Pantami.

Last week, President Muhammadu Buhari set up a 27-man team on Digital Economy and E-government.  Members of the Council are to work towards further strengthening the capacity of government to develop, adopt and deploy digital technologies to make government more efficient and transparent, thereby improving Nigeria’s global standing in the ease of doing business index.

“I launched the National Digital Economy Policy and Strategy (NDEPS) on the 28th of November, 2019, and expanded the mandate of the then Ministry of Communications to include Digital Economy.

‘‘The implementation of that policy and mandate has enabled us to achieve significant progress and record a number of unprecedented achievements.”

0Shares
Previous Post

9mobile Introduces ‘9mobile Safety App’ for Improved Security

Next Post

Nigeria Spent N1.5tr on Imports from China in Q1 2022

Justice Godfrey Okamgba

Justice Godfrey Okamgba

Related Posts

Cape Verde ccTLD | Hello.cv | FMCIDE

FMCIDE-Hello.cv Deal Faces Backlash over Nigeria First Policy

June 11, 2026
ABBOTT IMG - healthcare local manufacturing

Nigeria Advances Local Healthcare Manufacturing through Multi-Stakeholder Collaboration

June 11, 2026

NRS Unveils Rev360 Digital Tax Platform to Improve Compliance

June 11, 2026
Load More
Next Post

Nigeria Spent N1.5tr on Imports from China in Q1 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.