NEWS FLASH: Mafab Pays for 5G Licence Ahead of NCC’s Deadline

The NCC licensed Mafab Communications as an International Data Access (IDA) in July 2020, managed by Alhaji Musibau Bashiru.

It emerged as a strong competitor for the 3.5GHz spectrum auction for 5G network licenses, winning a place after 11 rounds of bidding.

The first six rounds of auctions each lasted 20 minutes, and no buyers backed down as the price rapidly increased utilizing the ascending clock auction system.

The bidders had 10 minutes each to place their bids in the second five rounds.

The bid per slot was $275, 904,886.25 at the conclusion of the 11 rounds, which finished at 7.20 p.m.
Mafab, according to a reliable source, met NCC’s requirements by paying “ahead of the deadline set for today.” The next phase, which Mafab is now working on, will be a big service rollout.’

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UPDATE: 3.5GHz Spectrum; MTN, Mafab Pay for Licences

Thu Feb 24 , 2022
MTN Communications Nigeria Plc and Mafab Communications Limited, the provisional winners of the 3.5 GHz spectrum license, have paid the Nigerian Communications Commission a total of $273.6 million for the 5G spectrum license. Prof. Umar Danbatta, Executive Vice Chairman of the Nigerian Communications Commission (NCC), announced the payment status today, […]

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Lagos Future Conference 2025

5th - 6th June, 2025

Oriental Hotel, Oniru, Lagos State

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The Lagos Future Conference 2025 is scheduled to take place on June 14, 2025, at the Oriental Hotel in Lekki, Lagos, with the theme "Future-Forward: Harnessing The Power of Youth, Innovation, and Technology for National Economic Growth". However, another source indicates the conference might be happening on June 5-6, 2025, at the same location. To confirm the exact date, it's best to check the official event details.

Conference Highlights:

- Keynote Speech: Insights from renowned experts in various fields
- Panel Sessions: Discussions on empowering generations, regenerating nature, digital enterprise, and transforming humanity
- Networking: Opportunities to connect with young entrepreneurs, innovators, policymakers, and business leaders
- Pitching Competition: A platform for startups to showcase their ideas
- Welcome Cocktail: A chance to mingle with fellow attendees

Featured Speakers:

- Babajide Sanwo-Olu: Executive Governor of Lagos State
- Hannatu Musa Musawa: Minister of Art, Culture and Creative Economy
- Juliet Ehimuan: Founder of Beyond Limits Africa
- Olatubosun Alake: Lagos State Commissioner for Innovation, Science, and Technology

Registration and Contact:

To participate, register through the official website or contact:
- Phone: +234 8055001878
- Email: events@lagosfutureconference.com.ng or digivationtv@gmail.com 

 

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