Airtel has requested that the Nigerian Communications Commission(NCC) should administratively assign it one of the remaining 3.5GHz spectrum lots at the reserve price of $273.6 million. The request was made on Tuesday during a stakeholder event in Lagos to review comments made to the NCC’s recently released Information Memorandum regarding the planned auction of two 3.5GHz spectrums for 5G deployment. The telecom […]
Report published by the National Bureau of Statistics has revealed that Nigeria’s inflation rate rose from 20.77% in September 2022 to 21.09% in October 2022 According to NBS, food Inflation was 23.72% in October 2022, from 23.34% in September 2022. “On a month-on-month basis, the headline inflation rate for October 2022 was 1.24 percent, this was 0.11[…]
The equity market on Tuesday closed bearish as the All Share Index was down marginally by 0.02% to settle at 43,808.25 points from the previous close of 43,818.12 points. The Market Capitalisation declined by 0.03% to close at N23.861 trillion from the previous close of N23.867 trillion, thereby shedding N6 billion. An aggregate of 103 million units[…]