The Nigerian Communications Commission (NCC) reported that over 50,000 cases of major damages to telecom infrastructure and facilities were recorded across the country in the past five years, raising alarm over the implications of the unsavoury incidents to the quality of telecommunications services in the country. The Executive Vice Chairman (EVC) of the NCC, Prof. […]
The Nigeria Customs Service (NCS), Kebbi Area Command, said it had intercepted contraband of sundry items worth about N61.55 million from suspected smugglers in Kebbi. The Customs Area Comptroller in the state, Mr. Joseph Attah, gave this hint on Thursday in Birnin Kebbi while addressing journalists on the activities of the command in August 2022. He […]
The Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, has restated the regulatory commission’s commitment to continuously partner relevant agencies in its strive to completely eliminate all Ponzi schemes in the nation’s capital market. Yuguda who gave this hint in Abuja noted that the SEC had been fighting a serious […]
Information and Communications Technology (ICT) experts have warned that Nigeria and other nations are at the risk of losing $7 trillion yearly to cyber threats if nothing is done to protect the increasingly risk-prone global cyberspace. As a risk-averting measure, Nigeria’s cyber-security experts and stakeholders in the financial service sector have charged the Nigerian government […]
Information and Communications Technology (ICT) experts have warned that Nigeria and other nations are at the risk of losing $7 trillion yearly to cyber threats if nothing is done to protect the increasingly risk-prone global cyberspace. As a risk-averting measure, Nigeria’s cyber-security experts and stakeholders in the financial service sector have charged the Nigerian government […]
The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to taking deliberate steps to work with critical institutions and professional bodies to improve the contributions of the maritime industry’s sector to Nigeria’s development. The Director-General of the agency, Dr. Bashir Jamoh, gave this assurance when a branch of the Nigerian Bar Association […]
The Nigeria Social Insurance Trust Fund (NSITF) told the Senate Committee on Public Accounts that some of its payment vouchers had been eaten up by termites, thereby failing to justify the spending of N17.16 billion in 2013 with the required documents. The N17.158 billion, which was queried in the 2018 Audit Report of the Office […]
The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has urged organisations to adopt stronger cybersecurity measures. The measures include, ensuring that organisations’ employees use strong, unique passwords for every account and enabling multi-factor authentication (2FA) wherever it is supported to prevent ransomware attacks as well as advising organisations to ensure regular systems backup. […]
The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has identified a new malware, HiddenAds, which has infiltrated Google Play Store that can impact device performance and jeopardize users’ privacy. In its advisory of August 8, 2022, NCC-CSIRT classified the virus, first identified by the McAfee Mobile Research Team, as high in probability and […]
Britain’s accounting watchdog, Financial Reporting Council (FRC) on Monday slammed £1.75m fine on auditor PwC after it failed to properly challenge UK telecoms group, BT, once a half-a-billion pound fraud was discovered in BT’s Italian operations. A news report by Irish Times quoted the Council as saying that that BT’s full-year financial statement for the […]