Investogist
No Result
View All Result
Wednesday, April 15, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    Gunmen abduct unidentified man in Anambra state

    Terrorists Attack Two Churches in Kaduna on Easter Sunday, Kill at Least Seven, Abducts Others

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

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

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    US and Iran Agree on a fragile Two-Week Ceasefire as Strait of Hormuz Reopens Conditionally

    US and Iran Agree on a fragile Two-Week Ceasefire as Strait of Hormuz Reopens Conditionally

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Neimeth Shareholders Approves Scheme of Arrangement

    Neimeth Shareholders Approves Scheme of Arrangement

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Transcorp Power Plc Amends 2025 Dividend Timetable and AGM Date

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Lists 5.07 Billion New Shares on NGX

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Grants International Oil Companies Full Access to Export Forex Earnings

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Suspension on Zichis Agro as Shares Drop 50% After Adjustment

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    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?

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

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

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    Livingtrust Mortgage Bank Denies Nairaland Money-Laundering Allegations

    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    NGX sanctions Meristem, CSL Stockbrokers, others over market rule breaches

    Gunmen abduct unidentified man in Anambra state

    Terrorists Attack Two Churches in Kaduna on Easter Sunday, Kill at Least Seven, Abducts Others

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Beta Glass Plc Announces ₦7.20 Final Dividend on Strong 2025 Financial Results

    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

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

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    US and Iran Agree on a fragile Two-Week Ceasefire as Strait of Hormuz Reopens Conditionally

    US and Iran Agree on a fragile Two-Week Ceasefire as Strait of Hormuz Reopens Conditionally

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Zenith Bank Plc Announces ₦10.00 total Dividend for 2025 FY

    Neimeth Shareholders Approves Scheme of Arrangement

    Neimeth Shareholders Approves Scheme of Arrangement

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Transcorp Power Plc Amends 2025 Dividend Timetable and AGM Date

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Lists 5.07 Billion New Shares on NGX

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Grants International Oil Companies Full Access to Export Forex Earnings

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Suspension on Zichis Agro as Shares Drop 50% After Adjustment

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    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?

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

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

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

UK bans Huawei from its 5G Networks

Tuesday, 14 July 2020, 5:07 pm
in News, World
0
UK Government to Borrow £225 billion  in 4 Months
Share Share Share Share Send as Email

HUAWEI will be completely removed from the UK’s 5G networks by the end of 2027, the government has announced, following new advice produced by the National Cyber Security Centre (NCSC) on the impact of US sanctions against the telecommunications vendor.

This according to a press release by the Department for Digital, Media & Sport, National Cyber Security Centre and Digital Secretary Oliver Dowden on Tuesday, 14 July 2020. Dowden also stated these while speaking at the Parliament on Tuesday.

The government has also placed a ban on buying of new Huawei 5G equipment after 31 December 2020.

UK ousting of Huawei from its 5G network follows similar action from the U.S. United States had blacklisted Huawei, saying that the company pose a national security threat. The U.S in May imposed sanctions on the company, which will create uncertainty in the tech giant’s supply chain.

According to Dowden, “the UK can no longer be confident it will be able to guarantee the security of future Huawei 5G equipment affected by the change in the US foreign direct product rules.”

“Following US sanctions against Huawei and updated technical advice from our cyber experts, the government has decided it is necessary to ban Huawei from our 5G networks,” said UK Digital Secretary Oliver Dowden said.

  • Have you read?
  • Chinese QuantumCTek spikes 924% in trading debut, breaking first-day record
  • TikTok owner to suffer $6 billion loss from India Apps ban

“No new kit is to be added from January 2021, and UK 5G networks will be Huawei free by the end of 2027. This decisive move provides the industry with the clarity and certainty it needs to get on with delivering 5G across the UK.

“By the time of the next election we will have implemented in law an irreversible path for the complete removal of Huawei equipment from our 5G networks.

“This has not been an easy decision, but it is the right onefor the UK telecoms networks, for our national security and our economy, both now indeed in the long run

“5G will be transformative for our country, but only if we have confidence in the security and resilience of the infrastructure it is built upon.”

While responding to the move, Huawei said it is “bad news news for anyone in the UK with a mobile phone”. The company threatened to “move Britain into digital slow lane, push up bills and deepen the digital divide.”

Read more; China to start Covid-19 vaccine trial in Brazil

In January, as UK concluded its Telecom Security Review, the government concluded ‘high risk’ vendors should be excluded from the core and most sensitive parts of the UK’s 5G network, restricted to up to a 35 per cent market share in the access network, which connects devices and equipment to mobile phone masts, by 2023.

Written by;

Ifunanya Ikueze

Related Posts:

  • Huawei
    Huawei to put its Harmony OS on smartphones next year
  • Hiring 2
    Over 2,000 youths struggle for 280 IT vacancies as…
  • Mobile networks
    List of NCC's harmonized service codes for all…
  • Oil rising
    Oil surges past $110 as the U.S bans Russian flights…
Tags: 5GHuawei 5G
Previous Post

Covid-19 – Lawmakers die in Madagascar with many infected as Cases continue to rise

Next Post

Equity Investors lost N44.87 as sell off persist on Banking stocks

Next Post
Nigerian Stock Market Review and Stock pick for the week ahead 28th June – 3rd July 2020

Equity Investors lost N44.87 as sell off persist on Banking stocks

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

Regency Alliance Insurance Plc Board pass resolutions, No Dividend recommendation

Regency Alliance Insurance Plc to issue another share bonus

Cardano (ADA) breaks above $3 for the first time ever

Cardano (ADA) breaks above $3 for the first time ever

Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

Nigerian Breweries Confirms Fire at Aba Warehouse

Nigerian Breweries Confirms Fire at Aba Warehouse

NGX Delists DN Tyre, Greif Nigeria from Official List

NGX Delists DN Tyre, Greif Nigeria from Official List

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved