Nigeria telecom giant MTN fined a record $5.2bn

Hamilton Nwosa
Writer

Ad

Venezuelan Democracy Activist María Corina Machado Wins Nobel Peace Prize, Trump Snubbed

By Obinna Uballa Venezuelan opposition leader and democracy campaigner, María Corina Machado, has been awarded the 2025 Nobel Peace Prize for her “tireless work promoting democratic rights for the people of Venezuela” and her “struggle to achieve a just and peaceful transition from dictatorship to democracy.” Machado, who has been in hiding since August 2024…

UNILAG, UI Top 2026 Times World University Rankings in Nigeria

By Obinna Uballa The University of Lagos (UNILAG) has emerged as the highest-ranked university in Nigeria, alongside the University of Ibadan (UI), in the 2026 Times Higher Education (THE) World University Rankings released on Thursday, October 9, 2025. According to the global ranking, UNILAG and UI both placed in the 801-1000 band out of more…

Oil Prices Set for Moderate Dip on Gaza Ceasefire

Crude oil prices are on course for another weekly decline following the news of a ceasefire between the Israeli government and Hamas, which was ratified today by Tel Aviv. At the time of writing, Brent crude was trading at $64.90 per barrel, with West Texas Intermediate at $61.28, as the Middle East war premium vanished. “This (deal) saw the…

Ad

download (18)Telecom giant MTN Nigeria has been fined a record $5.2bn by Nigeria’s Communications Commission (NCC).

MTN was fined for non-compliance with a deadline set by the NCC to disconnect all non-registered sim cards.

The move follows accusations by mobile phone users that the regulator had failed to bring operators to account for poor services to subscribers.

MTN Nigeria says it is studying the letter sent to it by the regulator and will respond soon.

MTN is one of the largest phone providers in Nigeria.

A senior official of the company told the BBC it was in talks with the regulator over the fine and hoped to resolve the matter.

BBC Abuja editor Bashir Sa’ad Abdullahi says some Nigerians say they want the regulator to address poor network signals provided by telecoms companies in the country.

They want more sanctions on firms to encourage them to improve signals and the quality of service in the country, he says.

Statistics from the NCC indicates that Nigeria, a country with an estimated population of more than 170 million, has almost 150 million mobile phones.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp