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    Saudi Central Bank Launches Instant Payment System Sarie

    Saudi Central Bank Launches Instant Payment System Sarie

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

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  • Banking
    Saudi Central Bank Launches Instant Payment System Sarie

    Saudi Central Bank Launches Instant Payment System Sarie

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

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    Commercial Bank Launches New Payment Feature Through Wearables

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    Kenanga Investment Bank Acquires i-VCAP Management

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    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

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    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

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    Howden and Steadfast Join Hands to Launch Australian Broking Operation

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    BeGroup & VPBank Join Hands to Launch New E-Banking Solution

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    Papua New Guinea with $250 Million COVID-19 Loan ADB Supports

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    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

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    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

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    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

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    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

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    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

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    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

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    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

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    China Economy Rises 2.3% in 2020 From Coronavirus Gains

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    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

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    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

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    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

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    Nokia Bags 5G Contract from Proximus Luxembourg

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    Cisco Acquires Two European Companies to Boost User Engagement

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    Amazon Launches IP Accelerator for SMBs Across Europe

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    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

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    EU Council Appropriates Set of Conclusions on Future EU Intellectual Property Policy

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    Insurtech Igloo Joins Hands with Surety Broker Philinsure

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    Apax Partners Acquires PIB Group from Carlyle Group Ownership

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    QIIG and SAP Partner up on Digital Transformation Deal

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    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

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    Prudential Vietnam and SeABank Extend Bancassurance Partnership

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    French Insurer AXA Sells Gulf Business for $269 Million

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    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

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    Beazley Launches Specialized Commercial Insurance Solutions in Latin America

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    Pacific Prime Singapore Joins WBN as Latest Member for Asia Pacific Region

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    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

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    Australia’s NSW Reveals $23 Billion Renewable Energy Boost

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    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

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    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

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    Alter Domus Partners with Yardi to Improve Real Estate Operations

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    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

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    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

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    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

    Saudi Arabia Imposes 5% Tax, Exempts VAT from Property Deals

    Saudi Arabia Imposes 5% Tax, Exempts VAT from Property Deals

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Airtel Talks About 5G Preparedness in Nigeria

The Global Economics by The Global Economics
August 3, 2020
in Technology, Trending
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Airtel Talks About 5G Preparedness in Nigeria

Airtel Talks About 5G Preparedness in Nigeria

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In a technological move which if executed with proper planning and strategy promises development in network infrastructure in Nigeria, a country which had one of the highest growth rates in the world averaging about 7.5%, according to a report by the World Bank.

Airtel Africa PLC is almost ready for implementing the 5G technology which boasts of higher speeds, less latency, less interference, and better efficiency. Chief Executive Officer, Raghunath Mandava conveyed this in the recent quarterly earnings call. For Africa, this will mean growth in its digital economy, better connectivity, and accessibility.

The Nigeria Communications Commission has already started to working on laying out policies for its deployment after it turned out successful in 6 selected locations in the country. However, whether Nigeria is ready for the 5G network poses an immediate challenge. Mandava is aware of the hurdles that might surface. There are activities like mapping out the framework for 5G technology, the need for more extensive testing and identifying the areas where it can be put to maximum use. The company is expressing keenness and is gearing up to take the responsibilities which will come along. Apart from this, the country also saw an uproar against the government on the recent operations and trials,  because of rumors that it was the causing the coronavirus. The NCC then had to issue several notices to clarify the necessary. There are more challenges ahead and milestones to reach, but the hope for a digital revolution and access to better technology drives the project.

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The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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