Wednesday, May 6, 2026
27.7 C
Lagos

Business

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

L-R: Olukemi Ogunsakin, Head, Corporate Communications, Sustainability & CSR,...

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

emPLE Nigeria Paid over N7bn Claims to Support Individuals, Families, Businesses in 2025

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

Guinea Insurance Signals Recovery Momentum Amid Elevated Claims

Guinea Insurance Plc has announced its unaudited financial results...

Business

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

L-R: Olukemi Ogunsakin, Head, Corporate Communications, Sustainability & CSR,...

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

emPLE Nigeria Paid over N7bn Claims to Support Individuals, Families, Businesses in 2025

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

Guinea Insurance Signals Recovery Momentum Amid Elevated Claims

Guinea Insurance Plc has announced its unaudited financial results...

NCC Lament Nigeria’s NRI Ranking Despite Telecom, Internet Position in Africa

Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) says Nigeria’s current ranking of 109 out of 131 countries on the Network Readiness Index (NRI) in 2022 is challenging and troubling.

Danbatta said Nigeria as a telecommunications powerhouse, with 82 percent of the continent’s telecom subscribers and 29 percent of the continent’s Internet consumption should have better NRI ranking than the current level of ranking. He added that the challenge becomes even more worrisome given that the nation rates 11th globally in terms of Internet penetration and seventh in terms of mobile phone usage.

The NCC Chief said: “The global data collected by the NRI team reveals that digital transformation is a global imperative in order to maximise the social and economic effects of the digital era.

It can create new inequalities which can hinder the ability of younger generations to engage in the digital economy, but also remains a powerful way to do more with less at all levels of income.

Formal education is evolving, and metrics are important to support informed policymaking. This requires reskilling and upskilling opportunities to be available, accessible, and affordable in order to have more inclusive and sustainable economies and societies.

Nigeria is a telecommunications powerhouse, with 82 percent of the continent’s telecom subscribers and 29 percent of the continent’s internet consumption. Our nation rates eleventh globally in terms of internet penetration and seventh in terms of mobile phone usage. Despite these remarkable metrics, the fact that our Network Readiness Index (NRI) ranking for 2022 is 109th out of 131 countries is both humbling and challenging?”

He described the NRI as a guiding metric that measures the role and impact of Information and Communication Technology (ICT).

“It explores the performances of 131 economies in four key categories: technology (infrastructure), governance, people, and impact. As agents of social and economic transformation in our nation, prioritising network readiness is not only a strategic necessity but a mandate. Throughout our deliberations, we will engage in thought-provoking forum discussions that explore the foundational pillars of NRI, through a number of presentations by renowned professionals in the technology landscape.”

Hot this week

The Machine Era of Spam: Nigeria is Africa’s Most Spammed Country

A phone call used to mean a person on...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

Stanbic IBTC Redefines Home Ownership in Nigeria with 450 Homes Disbursed

Stanbic IBTC is strengthening its position as a trusted...

Topics

UBA Celebrates Resilience, Innovation, Customer Service at 75

The United Bank for Africa (UBA) Plc has attributed...

British Theatres, Concerts Say No Shows Without Insurance Support

By Carolyn Cohn and Barbara Lewis  Mr. Tope Smart Group Managing Director/CEO NEM Insurance Plc British...

Leadway Assurance Reaffirms Commitment to Supporting SMEs this Festive Season

As momentum into the 2024 festive season continues, businesses,...

CBN: New Naira Notes Ready by December 15, 2022

Press Remarks by CBN Governor, Godwin Emefiele on Issuance...

BUA Foods Posts ₦1.77tn Revenue, Signals Confidence with ₦28 Dividend as Payout Jumps 115%

Nigeria’s leading food manufacturing company, BUA Foods Plc has...

Maintaining Banking System Safety amid the COVID-19 Crisis

By Tobias Adrian & Aditya Narain Today we face economic...
Exit mobile version