Telecommunication companies are proposing a 40 per cent increase in the cost of calls, SMS, and data to the Nigerian Communications Commission as a result of the rising cost of running a business in the nation. Based on their proposal, the price floor of calls will increase from 6.4 naira to 8.95 naira while the price cap of SMS will increase from 4 naira to 5.61 naira. This was r...