Business
Airtel launches VoLTE to optimise call experience for customers
Airtel launches VoLTE to optimise call experience for customers
Airtel Nigeria, a telecommunications company, on Wednesday said it had launched VoLTE, a technology that offered top-notch call experience to users on 4G network.
Airtel in a statement said the announcement was made during a brief launch held at the Airtel Headquarters, Lagos.
The News Agency of Nigeria (NAN) reports that Voice over Long Term Evolution (VoLTE) is a high-speed wireless communication standard for mobile phones and data terminals, including Internet of things (IoT) devices and wearables.
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VoLTE has up to three times more voice and data capacity than older 3G Universal Mobile Telecommunication System (UMTS) and up to six times more than 2G GSM.
It said that with the launch of VoLTE, all Airtel customers could make crispy clear calls on the 4G network and platforms such as the IP Multimedia Subsystem (IMS), while enjoying the advantage of an HD voice available on Android and iOS devices.
The Director of Marketing, Airtel Nigeria, Ismail Adeshina, said that the company was committed to leveraging innovations that guarantees amazing experience while offering values to customers.
“In line with the provision of 4G network for all, we are glad to be launching the Airtel VoLTE, which means a whole new level of experience added to the 4G experience for all.
“VoLTE automatically enables High Dimension (HD) voice and the call rate remains the same in spite of the amazing quality of experience,” Adeshina said.
According to Airtel, VoLTE is now available nationwide, and users can experience VoLTE on iOS and Android devices by selecting voice and data options on their mobile phone settings and clicking on the option to enable VoLTE.
Airtel launches VoLTE to optimise call experience for customers
NNPC Denies $6.8 Billion Debt Allegation and Defends Federation Account Remittances
On Sunday, the Nigerian National Petroleum Company Limited (NNPC Ltd) refuted claims of a $6.8 billion debt to international traders. In a statement, Olufemi Soneye, Chief Corporate Communications Officer, clarified that the company does not owe the reported sum.
The NNPC Ltd’s response followed allegations that it has not contributed any funds to the Federation Account since January. Soneye emphasized that such claims are false, asserting that the company and its subsidiaries consistently remit taxes to the Federal Inland Revenue Service (FIRS).
Soneye explained that while NNPC Ltd manages numerous open trade credit lines, it adheres to a first-in-first-out payment approach for its obligations. He also highlighted that the company is a major contributor to the Federation Account Allocation Committee (FAAC) through its tax contributions.
Regarding the quality and quantity of imported petroleum products, Soneye clarified that NNPC Ltd does not oversee these matters, as this falls under the purview of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), an independent body.
The statement reinforced NNPC Ltd’s commitment to transparency and accountability, in line with the company’s TAPE (Transparency, Accountability, and Performance Excellence) philosophy.
Naira rebounds, gains N28.15 against dollar
The Naira on Tuesday closed the month of April on a good footing as it gained N28.15 at the official market, trading at N1,390.96 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the gain represented a 1.98 per cent appreciation for Naira.
The percentage increase is significant when compared to the previous trading date on Monday, April 29.
The local currency experienced about two weeks steady fall by exchanging at N1,419 to a dollar.
The success story was replicated in the volume of currency traded, as the total daily turnover increased.
The daily turnover stood at 225.36 million dollars on Tuesday up from 147.83 million dollars recorded on Monday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,450 and N1,200 against the dollar.
Naira rebounds, gains N28.15 against dollar
Naira appreciate, gains further by 1.8% against dollar
The Naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on Tuesday.
Data from the official trading platform of the FMDQ revealed that the Naira strengthened by N25.09 or 1.78 per cent, compared to the previous day’s rate of N1,408 against the dollar.
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However, the total turnover increased to $245.58 million on Tuesday, up from $222.15 million recorded on Monday.
Meanwhile, at the Investor’s and Exporters’ (I&E) window, the Naira traded between N1,486 and N1,300 against the dollar.
The reports gathered that the Central Bank of Nigeria(CBN) had, earlier on Tuesday at its 294th Monetary Policy Committee (MPC), raised Monetary Policy Rate (MPR), by 200 basis points from 22.75 per cent to 24.75 per cent.
CBN governor Yemi Cardoso said that was meant to tackle the nation’s rising inflation.
Naira appreciate, gains further by 1.8% against dollar
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