The Nigerian Communications Commission (NCC) has received a delegation from the Rack Centre as part of the commission management’s sustained drive to collaborate with all relevant stakeholders for the purposes of improving the performance of the nation’s telecommunications industry. The Rack Centre’s delegation, led by the Chief Executive Officer (CEO), Lars Johannisson, paid a courtesy […]
E-Payment Tech & Solutions
Philippines SEC Orders Apple, Google To Delist Binance From App Stores
The Philippines Security and Exchange Commission (SEC) has directed Apple and Google to remove Binance app from their App stores for users in the country. According to a news report from CoinTelegraph, the SEC had formally requested that Apple and Google to remove applications operated by Binance, the biggest crypto exchange in the world. In […]
FG Launches Digital Platform For Enhanced Oversight Of Duty Exemptions
The Minister of Finance and the Coordinating Minister of the Economy, Mr Wale Edun, has announced the integration of the Incentive Monitoring and Evaluation Platform (IMEP) into the Import Duty Exemption Certificate (IDEC) programme, thereby allowing for enhanced monitoring and evaluation of revenues from imports into the country. A statement issued by the ministry’s Director, […]
Nigeria Secures $43.5Mn Seed Fund For AI Strategy Projects’ Devt
To strategically position Nigeria in the frontline of current global drive towards artificial intelligence (AI) development, the Federal Government has secured $3.5 million seed fund for Nigeria’s Artificial Intelligence (AI) strategy implementation from development and other independent partners. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, made this disclosure on Friday at the […]
Kaspersky Alerts Cyberspace Publics On Surging Security Threats
Kaspersky, a Russian multinational cybersecurity and anti-virus services and solutions provider, has raised new concerns about the rising trends in the malware development market as new stealers such as Lumma, Redline remained the dominant data-stealing malware used by cybercriminals. Kaspersky Digital Footprint Intelligence latest findings showed that more than half of every device (55%) targeted […]
South Korean Team, NCC Parley On Information Access Centre Project
A delegation from South Korea has met with the management of the Nigerian Communication Commission (NCC) with a view to exploring collaborative options on the establishment of Information Access Centre (IAC) in Nigeria The IAC will help to develop critical knowledge and tools, especially in the field of communications, to promote innovation and development in […]
Nigeria’s E-Payment Transactions Surge By 89% In Q1 2024
Nigeria’s electronic payment transactions value rose to N234.4 trillion in the first quarter this year, indicating that more Nigerians and businesses are exploring the opportunities availed by technologies to conduct their operations. The latest data from the Nigeria Inter-Bank Settlement System (NIBSS) on e-transaction trends in the economy reflected that the Instant Payment (NIP) value represented […]
NASENI, NIPSS To Collaborate On Enhancing Digital Economy, Job Creation
The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State, are set to collaborate on enhancing Nigeria’s digital economy footprints, empowering and creating jobs for millions of youths. The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), NASENI, Mr. Khalil Suleiman Halilu, disclosed […]
NCC Seeks Stakeholders’ Inputs To Draft Regulatory Instruments
The Nigerian Communications Commission (NCC) has called for written submissions from industry stakeholders on the updated draft regulatory instruments and participation in the public inquiries scheduled to soon hold in Abuja. The NCC Director of Public Affairs, Dr. Reuben Muoka, in a statement, indicated that in exercise of the commission’s functions under the Nigerian Communications […]
Telecel Acquires Two Units Of MTN Preparatory To IPO
A leading Africa-focused telecommunications company, Telecel Group, has acquired two West African units from MTN Group Limited preparatory to the latter’s upcoming initial public offering (IPO) within the next three years. According to available information on the deal, the acquired assets of MTN, Africa’s largest wireless company include its debt and equity in Guinea-Bissau and […]