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Mobile Phone Operators’ Assets Rise By N80bn

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5 years ago

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The assets of the six mobile network operators in Nigeria increased by N804.09 billion or 0.38 per cent in 2019, the latest report by the Nigerian Communications Commission (NCC) stated.
The 2019 Subscriber/Network Data Report stated that the total value of assets in the industry increased from N2.11tn in 2018 to N2.92trillion as of the end of 2019.
According to the report, MTN reported the highest value in assets in 2019 at N1.53trillion, indicating a 63 per cent increase from N939.56 billion reported in 2018.
The total value of Globacom’s assets as contained in the report as of the end of 2019 was N 598.17 billion, representing one per cent growth from N 592.08 billion in 2018.
Airtel Nigeria’s assets grew by 43 per cent in 2019 from N357.75 billion in 2018 to N510.99 billion as of the end of 2019.
EMTS that operates as 9 mobile grew its assets to N217.05bn in 2019 from N162.64 billion reported in 2018, recording 33 per cent growth in assets.
The report stated that Smile’s assets reached N22.9 billion as of the end of 2019, , growing by 0 .4 per cent from N 22.8 billion recorded in 2018.
However, Ntel recorded 11 per cent decline in the value of assets in 2019, from N34.23 billion in 2018 to N30.58 billion in 2019 .
The NCC report stated that the mobile operators as of December 2019 recorded a total revenue of N1.96 trillion as against N1.76 trillion recorded in 2018.
This reflects an increase of 11.01 per cent of total revenue recorded by the mobile network operators.
MTN recorded the highest revenue in 2019 at N1.17 l trillion while Ntel recorded the lowest sum of N4.61billion as of the end of 2019.
According to the report, EMTS recorded a decline of 18 per cent in revenue generated year -on -year, as the company’s revenue declined from N169.15 billion in 2018 to N138.67 billion as of the end of 2019 .
The report stated that the total operating cost of the mobile network operators declined from N1.40 trillion in 2018 to N1.39tn as of the end of 2019.
This indicates a slight reduction in operational cost of 0.53 per cent from the figures reported in 2018.
The NCC stated that the reduction in operating cost may have been as a result of investment in capital expenditure that was more efficient.
The industry regulator noted that Smile and Ntel recorded the highest percentage decline of 22 per cent and 16 per cent respectively in operating cost year-on-year.
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Kenyan Runners Dominate Berlin Marathons

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11 hours ago

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September 22, 2025

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Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.

Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.

The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.

Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.

“I did my best and I am happy for this performance,” said Sawe.

“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”

Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.

In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.

Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.

Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.

 

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NIS Ends Decentralised Passport Production After 62 Years

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11 hours ago

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September 22, 2025

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The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
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FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

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11 hours ago

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September 22, 2025

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The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
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