• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Companies Company News

Nigeria will be most advanced 5G country in Africa – MTN Nigeria

Chris Ugwu by Chris Ugwu
September 19, 2022
in Company News
MTN Nigeria pays N281 billion, $590.5 million as licensing fees in 21 years of operation in Nigeria

MTN Nigeria CEO, Karl Toriola

Share on FacebookShare on TwitterShare on Linkedin

The CEO of MTN Nigeria Plc, Karl Olukotun Toriola has said that Nigeria will be the most advanced 5G country in Africa.

Toriola who stated this at the Lagos commercial launch of its 5G network said, the country is going to see a rapid expansion of 5G coverage across the country in the major population centres in the near future.

He noted that the company is targeting to launch the network in six other cities which include Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri.

MoreStories

Akinwumi Fanimokun , NAHCO

NAHCO proposes 1-for-7 bonus shares, N6.25 dividend for shareholders

May 10, 2026
Transcorp posts 352% surge in profits as share reconstruction lifts sentiment  

Transcorp signals possible acquisitions, divestments after shareholder approval

May 9, 2026

The Lagos 5G commercial launch came on the heels of its 5G pilot launch three weeks ago, as mandated by the telecoms industry regulator, the Nigerian Communications Commission (NCC).

During the pilot launch, MTN had promised to carry out 5G commercial launch in six cities, beginning from Lagos.

 

Recommended Reading: Top cheapest 5G phones to get now

What MTNN is saying

Speaking during the launch in Lagos, its Chief Executive Officer, Mr. Karl Toriola, said the event was in fulfilment of MTN’s earlier promise to begin the 5G commercial launch in cities, within one month of the 5G rollout.

The advanced 5G technology promises to extend the reach and capacity of MTN Nigeria’s data network in Nigeria and enable much faster speeds and lower latency, giving customers near-instant access to the things they care about and downloads that take seconds, instead of minutes.

According to him, to access the 5G network and enjoy its benefits, customers would need compatible devices, such as routers and mobile phones, which can be pre-ordered from designated MTN walk-in stores and online via the MTN Nigeria website and e-marketplace. The pre-ordered devices could be picked up or would be delivered to customers at designated locations.

Also, the Chief Marketing Officer, Adia Sowho giving her remarks, highlighted the evolution of network technology from 2G to 5G. She concluded her address with a speed test demonstration that gave a live exhibition of the difference between 4G and 5G. With 5G you can download at over one gigabyte per second! Talk about speed.

What the regulator is saying

The Executive Vice Chairman of NCC, Prof. Umar Danbatta in his address, congratulated MTN Nigeria for achieving this great feat and assured Nigerians that the launch of 5G will usher in economic growth.

He said the development will enhance mobile broadband services and noted that the regulator will monitor the quality of services to the users.

What you should know

  • MTN showed its readiness to offer Nigerians the best of service with 5G technology, when it became the first telecom operator to roll out 5G technology services on its network on August 24, 2022. MTN Nigeria kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch.
  • The spectrum issued to MTN Nigeria as one of the two successful winners of the 5G license bid holds a promising future for technology in Nigeria and is projected to contribute $2.2 trillion to the global economy by 2034, according to a recent GSMA Intelligence report.
  • The implementation of 5G is expected to accelerate the actualisation of the national targets in the Nigerian National Broadband Plan, the National Digital Economy Policy and Strategy, as well as other sectoral policies designed to enhance Nigeria’s digital transformation.
  • With the MTN commercial 5G launch, leveraging the largest spectrum dedicated to 5G in Africa, Nigeria will join a handful of African countries that have rolled out the 5G network.

Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Chris Ugwu

Chris Ugwu

Chris is a Senior Financial Analyst at Nairametrics Advocates Limited with over a decade stint in active journalism and public relations practice.

Next Post
ASUU set to drag FG to court

Court adjourns FG's suit against ASUU to September 21

Comments 1

  1. Olu says:
    September 20, 2022 at 1:34 pm

    You have loyal customers but instead of reward them you throw the money away in other sales promotions. Stop being appreciative of loyalty.

    Reply

Leave a Reply Cancel reply

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

Luis Figo
rabafast
nairametrics




DUNS

Follow us on social media:

  • ABOUT US
  • CONTACT US
  • PRODUCTS
  • ANDROID APP
  • iOS APP
  • DISCLAIMER
  • CAREERS
  • PRIVACY POLICY

© 2026 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
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics