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    Federal Government declares June 6 and 9 public holidays

    Federal Government declares June 6 and 9 public holidays

    Prosecutors demand six-year prison sentence for Simon Ekpa

    Prosecutors demand six-year prison sentence for Simon Ekpa

    SEC alerts Nigerians of illegal operator Silverkuun Investment Cooperative Society/Silverkuun Limited

    SEC alerts Nigerians of illegal operator Silverkuun Investment Cooperative Society/Silverkuun Limited

    Legal Expert says only Rivers State can collect VAT as at today following Appeal Court’s order to “maintain status quo”

    Wike describes Seyi Makinde as chief architect of PDP problems

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Breaking: President Tinubu dissolves Boards of Parastatals, Agencies, Institutions

    President Bola Tinubu Approves New Heads of Federal Agencies & Commissions

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    UH Real Estate Investment Trust to distribute N5.05 per unit to unit holders

    Canceling Keystone XL pipeline cost thousands of jobs, billions of dollars – Biden Administration

    Breaking: President Joe Biden diagnosed with “aggressive” cancer

    Mexican Navy Ship crashes into New York Bridge

    Mexican Navy Ship crashes into New York Bridge

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    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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    Access Bank completes the acquisition of National Bank of Kenya

    ELECTION: Cutix Plc reschedules Board Meeting

    CUTIX PLC reports N1.1 billion profit for the FY ended April 2025

    Honeywell Flour Mills Plc reports N14.6 billion profit for FY ended March 2025

    Honeywell Flour Mills Plc reports N14.6 billion profit for FY ended March 2025

    List of Stockbrokers in Nigeria

    Weekly Market Report: NGX market capitalization settles at N70.46 trillion

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Dangote Group announces major investment in rice production

    Dangote Group announces major investment in rice production

    Vacancy at Port Harcourt Refinery

    NNPC Ltd Announces Maintenance Shutdown of Port Harcourt Refinery

    Security features of the new naira notes revealed by the CBN

    The Frontier Fund unit holders to get N17 per unit distribution

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    Skyway Aviation Handling Company Plc announces N0.6 final dividend for 2024 FY

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    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

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    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

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    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

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    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

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MTN launches 5G in Lagos, 6 other cities to follow

Monday, 19 September 2022, 12:31 pm
in Business, Companies
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MTN launches 5G in Lagos, 6 other cities to follow
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MTN Nigeria on Sunday launched the fifth-generation technolog commonly called 5G in Lagos with a promise to launch the network in six other cities including Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri.

The launch makes Nigeria the 3rd African country to deploy the technology after South Africa and Kenya.

MTN Nigeria had on Wednesday, 24th August 2022, kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch, as mandated by the telecoms industry regulator, the Nigerian Communications Commission (NCC).

In its half year 2022 report, MTN Nigeria disclosed that it had deployed 127 5G sites in preparation for its 5G launch. The technology is expected to be rolled out in phases, with full national coverage expected by 2025.

MTN and Mafab Communications won the 3.5GHz 5G spectrum licence at an auction conducted in December 2021, by the NCC.

5G, “with download speeds up to 10 times faster than its predecessor, 5G will reinvent how we use the internet and bring us to a new phase of technological advancement with never-before-seen innovations and applications.,” the MTN Nigeria said on its website.

“To experience the power of 5G, you need a 5G phone or 5G router and a 4G-enabled SIM card. If you purchase our 5G broadband router, you’ll get a welcome offer of 100GB data by texting 5GCPE to 131,”it added.

While speaking at the launch, chief executive officer, MTN Nigeria, Karl Toriola, said: “Every major technological evolution changes the way we live, the way we connect; changes what is possible. GSM took phone calls on the road, 2G added texting to our experience (and created a whole new language), 3G brought the internet to our phones, and 4G made video widely available on mobiles.

“5G will change everything. It will allow us to connect, create, collaborate, and compete in ways we cannot imagine yet. Today we will show you a glimpse of the many possibilities 5G has in store. What is most important is what you and every Nigerian can create with it.”

The executive vice chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, noted, “Today, we are celebrating the outcome of the successful auction of the 5G spectrum, we are celebrating the commercial launch of 5G services in the country. This puts the country on the global 5G space and from today many of you will experience the super speed associated with 5G.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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