Wednesday, May 13, 2026
27.7 C
Lagos

Business

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

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...

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 Delights Customers with ₦5.5bn April Claims Payout

Mutual Benefits Assurance Plc has announced the payment of...

CIIN Unveils Programme for Insurance Week 2026

The Chartered Insurance Institute of Nigeria (CIIN) has rolled...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

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

Business

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

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...

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 Delights Customers with ₦5.5bn April Claims Payout

Mutual Benefits Assurance Plc has announced the payment of...

CIIN Unveils Programme for Insurance Week 2026

The Chartered Insurance Institute of Nigeria (CIIN) has rolled...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

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

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

Leadway Assurance Partners FRSC to Reward Safety-Compliant Motorists Through ‘Arrive Alive Campaign’

L–R: Team Lead, Reinsurance, Specialty Risk & Global Client...

Repton CEO Calls for Digital Skills Acquisition at Lagos Career Fair

By Goke Ilesanmi Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO, Repton Group,...

Mutual Benefits Delights Customers with ₦5.5bn April Claims Payout

Mutual Benefits Assurance Plc has announced the payment of...

Topics

Zenith Bank: Mixed Bag of Decline, Strong Growth in H1

Ebenezer Onyeagwu MD/CEO Zenith Bank Plc The 2020 half-year (H1) financial report...

SA Retains Ranking in 2015 Ibrahim Index of African Governance

South Africa has retained its position in the 2015 Ibrahim Index on Africa Governance. In the 2015 Index, South Africa has retained its rank of 4 of 54 countries assessed in the Index. This follows South Africa’s improved performance in the 2015/16 World Economic Forum’s Annual Global Competitiveness Index which saw South Africa rise seven places from 56 to 49 of 140 countries.

ICAN Visits Union Bank of Nigeria for Strategic Partnership

The Institute of Chartered Accountants of Nigeria (ICAN) recently...

Stanbic IBTC Bank Empowers Women in Business for Inclusive Growth

Women entrepreneurs play a vital role in Nigeria’s economy....

JUSTUS URANTA: From Insurance CEO to His Royal Highness

Dr. Justus Clinton Uranta, the immediate past Group Managing...

NSE Wins Outstanding Invaluable Company Award for CSR

The Nigerian Stock Exchange (NSE) is pleased to announce...

Experts to Deliberate on Protein-centered Nutrition Policy for Nigeria

Barring any unforeseen development, seasoned public health and nutrition...

IMT 2022: Insurance, Tech Experts Advocate Partnerships to Deepen Insurance Penetration through Insurtech

L-R: Client Technology Lead, Microsoft Nigeria, Wole Odeleye; Managing...
Exit mobile version