• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Tech News

How 5G technology will boost e-commerce, fintech in Nigeria – Danbatta 

Samson Akintaro by Samson Akintaro
May 31, 2022
in Tech News
Hope rises for lower call, data tariffs as NCC licenses 25 new operators

Executive Vice Chairman of NCC, Professor Umar Danbatta

Share on FacebookShare on TwitterShare on Linkedin

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that e-commerce platforms and fintech in Nigeria would benefit immensely from 5G technology once deployed.

According to him, Small and Medium Enterprises (SMEs), especially fintech and e-commerce firms, are currently expanding the digital ecosystem in Nigeria by riding on telecoms infrastructure, which is being improved upon through the deployment of new technologies.

The NCC boss notes that ongoing efforts to deepen broadband penetration and the planned deployment of 5G will further boost the services of digital SMEs.

RelatedStories

Telecom operators moots price review, says current rate unsustainable

Banks clear 95% of N180 billion USSD debt, 3 lenders still owing – ALTON 

June 19, 2025
NCC

NCC moves to secure Nigeria’s telecom sector with new cybersecurity strategy 

June 4, 2025

What the EVC is saying 

Speaking at a Telecoms Leadership Summit held in Lagos, Danbatta said: “Digital services and contents being provided by SMEs, especially fintech and e-commerce firms, will leverage broadband infrastructure and the upcoming deployment of Fifth Generation (5G) network being driven by the Commission to deliver more innovative and high-quality experiences to consumers.” 

  • “The Commission’s successful auction and licensing of the 3.5GHz spectrum licenses in the last quarter of 2021 for the deployment of 5G technology is set to create many opportunities for the development of the industry, and as a regulator, we are conversant with the fact that a dynamic regulatory environment is needed to sustain this industry growth,” Danbatta added.
  • He said the NCC would continue to diligently pursue the implementation of policy frameworks such as the Nigeria National Broadband Plan (NNBP) 2020-2025; and the National Digital Economy Policy and Strategy (NDEPS) 2020-2030, which are consistent with NCC’s regulatory interventions such as the Commission’s Strategic Management Plan (SMP), 2020-2024 and Strategic Vision Plan (SVP), 2021-2025, among others.
  • The NCC boss added that all the policy and regulatory frameworks principally seek to provide a platform for Nigerian citizens to engage in innovative developments for the telecoms industry and improve the nation’s ability to compete in the ever-competitive global space.

What you should know

  • The Commission published a Public Notice on its decision to award two lots of 100MHz Time Division Duplex (TDD) available in the 3.5 GHz band through an auction process, to support the delivery of ubiquitous broadband services for the deployment of 5G technology in Nigeria.
  • Subsequently, an Information Memorandum (IM) was issued on November 10, 2021, in which Bid Applications for the available spectrum lots were invited. By the deadline for receipt of applications on November 29, 2021, the Commission received applications from three licensed telecommunications companies, namely: Airtel Networks Limited, Mafab Communications Limited, and MTN Communications Nigeria Plc.
  • The Auction held successfully on Monday, December 13, 2021, at the Transcorp Hilton Hotel, Abuja with the three bidders competing for the available two lots in which the Commission adopted the Ascending Clock Auction format that ended after Round 11, and proceeded to the Assignment Stage.
  • In the auction, MTN and Mafab emerged provisional licence winners and arising from this, the winning bid price for the auction was put at $273.6 million for each lot of 100 MHz TDD. The Provisional licence winners were then directed to pay the Winning Bid Price less the Intention-to-Bid Deposit, by February 24, 2022.

Follow us for Breaking News and Market Intelligence.
Tags: NCCNigerian Communications CommissionProf. Umar Danbatta
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

Telecom operators moots price review, says current rate unsustainable
Financial Services

Banks clear 95% of N180 billion USSD debt, 3 lenders still owing – ALTON 

June 19, 2025
NCC
Sectors

NCC moves to secure Nigeria’s telecom sector with new cybersecurity strategy 

June 4, 2025
Telecom
Sectors

Fibre cuts cripple MTN, 9mobile networks in Kebbi, Sokoto and Zamfara states 

May 30, 2025
Telecom
Sectors

NCC orders Nigerian telecom operators to announce major network outages, compensate subscribers 

May 26, 2025
MTN
Sectors

MTN crosses 90 million mark as Nigeria’s mobile subscriptions hit 172 million in March 2025 

May 8, 2025
Telecom
Sectors

Nigerian telecom stakeholders call for stronger legislation to shield sector from local interference  

April 30, 2025
Next Post
Introducing Taeillo, the perfect furniture option for minimalists

Introducing Taeillo, the perfect furniture option for minimalists

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • WAES: West Africa exported goods valued at over $166 billion in 2024 – Tuggar 
  • Heineken withdraws staff, suspends operations in Eastern DRC cities amid worsening rebel conflict 
  • Tariff relief triggers $2 billion investment in Nigeria’s digital infrastructure – Tayo Aduloju

Follow us on social media:

Recent News

Yusuf Tuggar, Nigerian military

WAES: West Africa exported goods valued at over $166 billion in 2024 – Tuggar 

June 21, 2025
Heineken launches mandatory takeover bid of Champions Breweries, offers to buyout remaining 15.3% equity stake

Heineken withdraws staff, suspends operations in Eastern DRC cities amid worsening rebel conflict 

June 21, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics