Business A.M
No Result
View All Result
Saturday, March 7, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Technology

NCC assures Meta of regulatory ease ahead landing 2Africa cable

by Admin
January 21, 2026
in Technology, Telecom

 

Business a.m. Reporter

Ahead of the landing of Meta’s 2Africa undersea cable in Lagos and Akwa Ibom states, the country’s telecommunications industry regulator, the Nigerian Communications Commission (NCC) has told the American multinational company it would provide regulatory support to ease its operation as part of its broad support to all investors who play by the rules and regulations guiding the sector.

A Meta delegation led by Kojo Boakye, vice president for Africa, the Middle-East and Turkey, meeting with Aminu Maida, executive vice chairman and chief executive officer of NCC, was told in the clearest of terms by Maida that Nigeria was open for business with investors, especially in the telecoms sector, who respond positively to Nigeria’s desire for investments that promote the agenda of government to achieve a robust digital economy.

Maida said the NCC places a lot of premium on compliance to industry laws, regulations and guidelines, in the understanding that “such will also engender a level-playing field for all licensees and other stakeholders in the industry for sustaining a healthy competition and guaranteeing a sustainable growth in the Nigerian telecoms sector.”

The Boakye-led Meta (formerly Facebook) delegation who met with Maida at NCC’s headquarters in Abuja, were told regulatory support was available to all investors, including operators in Nigeria, but that such a support was predicated on being law abiding.

 

A statement by the NCC and signed by Reuben Muoka, its director of public affairs, further disclosed that Boakye informed Maida that the purpose of the visit was to congratulate him on his appointment by President Bola Tinubu, and to also intimate him of ongoing efforts to land 2Africa Cable in Nigeria.

Boakye explained that the 2Africa submarine cable, at 45,000 kilometres long, will be one of the world’s largest subsea cable projects, adding that it will interconnect Europe (eastward via Egypt), Asia (via Saudi Arabia), and Africa. 

According to Muoka, Boakye told the NCC chief that the system will go live in 2023, delivering more than the total combined capacity of all subsea cables currently serving Africa, with a design capacity of up to 180 terabytes per second (Tbps).

 

According to the statement, Boakye disclosed that 2Africa will deliver much-needed Internet capacity and reliability across large parts of Africa, supplement the fast-growing capacity demand in the Middle East and underpin further growth of 4G, 5G and fixed broadband access for billions of people, especially in Nigeria.

 

To smoothen the path of 2Africa submarine cable, Muoka said in the statement that Boakye solicited NCC’s support in sailing through all necessary legal and regulatory hurdles in landing the submarine cable to complement existing backbone infrastructure in Nigeria. 

Boakye was also quoted as saying that Meta, through a consortium, plans to land 2Africa cable simultaneously in Lagos and Akwa-Ibom states “in order to ensure those not yet connected are connected while those already connected are given opportunity for enhanced and affordable access.”

 

Admin
Admin
Previous Post

UBA wins FT’s The Banker’s Africa top award, best bank in 8 countries

Next Post

Global, African organisations pledge $175m in solidarity for Africa green infrastructure

Next Post

Global, African organisations pledge $175m in solidarity for Africa green infrastructure

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Global food prices higher in July on stronger meat, vegetable oil costs

Global food prices rise for first time in five months on cereal, oil gains

March 6, 2026
inDrive retains top download ranking amid expansion into African mobility markets

inDrive rolls out Ramadan Shukran driver appreciation campaign in Abuja

March 6, 2026
Gold hits fresh record above $3,640 as Fed rate cut bets intensify

Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices

March 5, 2026
All federal airports fully insured , says Kuku

FAAN to adopt hybrid payment system at Airport toll gates after Tinubu suspends cashless rollout

March 5, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Global food prices higher in July on stronger meat, vegetable oil costs

Global food prices rise for first time in five months on cereal, oil gains

March 6, 2026
inDrive retains top download ranking amid expansion into African mobility markets

inDrive rolls out Ramadan Shukran driver appreciation campaign in Abuja

March 6, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M