Jan 10, 2021 - Business Metrics

NCC mourns loss of staff, family in road accident

Jan 10, 2021 Umar Suleiman

NCC mourns loss of staff, family in road accident The Nigerian Communications Commission (NCC) has expressed shock and deepest grief over the loss of its staff, Mr. Nuhu Hamman’Gabdo in a road accident. Hamman ’Gabdo died alongside his wife, four children, his niece and driver in an accident that occured on Saturday, January 9, 2021 along Nasarawa-Abuja Expressway while the deceased and his family were returning from his country home, Serti in Gashaka Local Government Area of Taraba State. Until his death, Hamman ’Gabdo was a Principal Manager in the…

Dangcem, MTN, Guinness, others push NSE to first weekly loss

Jan 10, 2021 Banjo Olaniran

Bears stage comeback as stocks shed N157bn in four days

Dangcem, MTN, Guinness, others push NSE to first weekly loss The local bourse ended the first trading week of 2021 in the red, as losses recorded on the second and last trading days eroded gains from the other trading days of the week. The loss was primarily fueled by pullbacks in the stocks of Dangote Cement, Guinness, Unilever and MTN Nigeria which declined by -8.1 per cent, -5.0 per cent, -5.0 per cent, and -2.8 per cent respectively. Accordingly, the All-Share Index (ASI) declined by 0.37 per cent week-on-week…

METRICS: Nigeria loses 1.65m broadband connections in 30 days

Jan 10, 2021Jan 10, 2021 Omobayo Azeez

METRICS: Nigeria loses 1.65m broadband connections in 30 days As penetration reverses to 45.07% Operators connect 13.88m to high speed internet in 11 months Total internet subscriptions hit 154.88m One of the major metrics used to measure how well the telecoms sector is fearing in Nigeria is the movement in subscriber bases of voice, internet and broadband or high speed internet in the country. Findings through the latest industry statistics released by the Nigerian Communications Commission (NCC) has shown a slight decline in the figures as at November,…