Telecom
5G: NCC Projects N500Bn Revenue from Auction
The Nigerian Communications Commission (NCC), projected revenue from the take-off the proposed 5G spectrum network may amount to a whooping N500 billion naira from the auction, when the bidding takes off later this year.
This princely sum would also makes the NCC one of the biggest revenue earning agency of the Federal Government against the backdrop mandate given to it to proceed with the deployment.
It will be recalled that the Federal Government penultimate week approve the launch of the 5G spectrum after the federal executive council meeting.
If the auction price of 75bn already proposed to the National assembly by Professor Danbatta led NCC sails through,the four major Telecom providers, MTN, Airtel, Glo and Etisalat will remit a minimum of N300 billion if the bidding price per spectrum remains within the N75billion range being proposed.
Besides,this major providers, other smaller and medium network providers will also cough out the princely sum to remain in business.
Since the announcement, the various Telecoms providers have engaged in series of activities aimed at raising enough funds to meet the target as proposed by the NCC.
It will be recalled that Professor Danbatta who spoke at a public hearing of the hearing of the Senate two weeks ago in Abuja said the price may even go as high as N100 billion per spectrum.
According to him,fixing the minimum price is necessary as the auction price can go to as high as “N100 billion naira”.
Said he,“It is very important to stress this, a reserve price for a slot of the 5G spectrum is going to be N75billion, but after an auction by the Committee, it can go as high as N100 billion,” he told the Senate Committee on Communications.
The NCC chief executive said that the 5G auction committee has virtually concluded their work with the 5G deployment plan submitted to the federal government, adding that the telecom regulatory body is only waiting for the government to give an order to proceed.
He also spoke of with plans and preparations already in place adding that the 5G deployment will start in Nigeria by next year.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
EFCC to Use Space Technology to Boost Asset Tracking, Investigations
SEC Partners Police in Nationwide Crackdown on Ponzi Schemes, Crypto Frauds
Paystack Expands Beyond Payments into Banking
DalaHill, BoA Partner on $100,000 ACF Climate Finance Initiative
How to Stay Safe Online During Sales Periods
Banks quietly move to enforce new ₦50 transfer levy from Jan. 1
FIRS says NIN, CAC Numbers to Serve as Tax IDs from 2026
Nigeria Takes the Lead in the Global WSIS+20 Digital Agenda
Nigeria Police Arrest Okitipi, Nigerian Allegedly Linked to Microsoft 365 Hack
PalmPay Launches N400 Million World Travel Carnival, Rewarding Users with Free Global Trips
General News3 days agoPalmPay, Premier Cool to Reward 10,000 Nigerians with ₦100m in “10k for 10k Campaign”
E-Financial3 days agoEcobank Joins Trillion-naira Club for the First Time in 20 Years
E-Business3 days agoKaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk
E-Financial2 days agoAngst as FG Demands 7.5 Percent VAT on Mobile Bank Transfers, USSD
E-Business3 days agoNigerian Terra Industries Secures $11.8m for Expansion
Telecom3 days agoSHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence
News2 days agoMoniepoint Launches Second Cohort of DreamDevs Initiative to Double Down on Africa’s Tech Talent Pipeline
E-Financial2 days agoNGX lists 3.156bn UBA shares, boosting capital to N513Bn