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Federal Government Announces Plans for Nationwide 5G Network Expansion

Vatican

August 5, 2025

The Nigerian Communications Commission (NCC) has confirmed a multi-billion-naira investment plan to expand 5G network coverage nationwide by the end of 2026. This initiative is part of the government’s broader strategy to enhance digital transformation, support tech startups, and attract foreign investment in the ICT sector.

According to Professor Umar Garba Danbatta, Executive Vice Chairman of the NCC, the project will involve partnerships with leading telecom companies, infrastructure providers, and international tech firms to ensure seamless deployment.

Invest At Home, Dangote Tells African Entrepreneurs

President of the Dangote Group, Aliko Dangote, has urged African entrepreneurs to prioritize investing within the continent, stating that strong local investments are what attract foreign investors. He made this call at the Imo State Economic Summit 2025, where he praised President Bola Tinubu’s economic reforms, especially the removal of fuel subsidy, describing them as bold steps already yielding positive results. Dangote revealed plans to expand the capacity of his refinery to 1.4 million barrels per day, which would make it the largest in the world. He also announced that the Dangote Group is targeting a major expansion in fertilizer production from 3 million to 12 million tons by 2028, while commending Imo State Governor Hope Uzodinma for the state’s 375-megawatt power initiative.

CAC Alerts Public Of 15 Illegal Companies Operating In Nigeria

The Corporate Affairs Commission (CAC) has alerted the public to the activities of 15 illegal companies operating with fake registration numbers across Nigeria. In a notice issued on X, the Commission warned Nigerians to verify business details through its official portal before engaging in any transaction, following rising complaints over suspicious business operations.

2025 Tinubu’s Tax Reforms, Dangote/Marketers Row: Nigeria’s Economy In Retrospect

Nigeria’s economy in 2025 was shaped by sweeping tax reforms under President Bola Tinubu, rising fuel prices, and a prolonged standoff between the Dangote Refinery and oil marketers. While subsidy removal pushed petrol prices above ₦1,000 per litre at peak periods and worsened the cost of living, newly enacted tax laws and financial sector reforms are projected to take fuller effect from 2026. Despite lingering hardships, key indicators show moderate recovery, with GDP growing by 3.98% in Q3 2025, declining inflation, and improved oil sector performance. The CBN says the economy is now more resilient, even as the IMF urges Nigeria to intensify structural reforms to sustain long-term growth.

Federal Government Announces Plans for Nationwide 5G Network Expansion

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Invest At Home, Dangote Tells African Entrepreneurs

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