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CBN Charges OFIs On Cybersecurity Guidelines’ Compliance

The Central Bank of Nigeria (CBN) has issued new guidelines for improved cybersecurity in the Nigerian financial system, particularly among the Other Financial Institutions (OFIs). The guidelines outline the requirements the OFIs were requested to observe in the development and implementation of strategies, policies, procedures and related activities aimed at mitigating cyber risks. The apex […]

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Pantami Lists Benefits Of Digital Economy’s Agenda To Nigeria

The Minister of Communications and Digital Economy, Prof. Isa Pantami,  has pointed out that through diligent implementation of the digital economy agenda, Nigeria has the potential of critical mass of ‘digital natives’ that can transform the country into a regional and global digital powerhouse Pantami, who spoke as the special guest at the commissioning of […]

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Nigeria’s Connected Mobile Lines Hit 301.5Mn In May

The Nigerian Communications Commission (NCC), the nation’s telecoms industry regulator, has reported that a total of 301.5 million lines were connected to mobile network operators’ (MNOs’) networks nationwide as of May 2022. However, the just published report by the commission indicated that only 204.2 million of the numbers were in active use, thereby implying that […]

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FG To Train 1Mn Software Developers To Boost Digital Economy

The Federal Government at the weekend said that it was making arrangements to train one million software developers in the country over the next 18 months as a strategic step towards enhancing the nation’s digital economy’s drive. The Minister of Communications and Digital Economy, Prof. Isa Ali Pantami, made this disclosure in his keynote address […]

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Consumers Paid 88.11% More For Kerosene, Cooking Gas In May – NBS

…as kerosene price rose by 86.9% YoY, cooking gas up 89.3% The National Bureau of Statistics (NBS), the coordinating agency for Nigeria’s national statistical system, has reported that on the aggregate, consumers pay 88.11 percent more for kerosene and cooking gas year-on-year in May this year The agency, in its just published report titled ‘National […]

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Stakeholders’ Collaboration Key To Successful 5G Deployment In Nigeria – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, on Thursday said collaboration among telecommunications sector’s stakeholders was essential to successful deployment of 5G services in Nigeria. The industry regulator, who made this remark at the 90th Edition of the Telecom Consumer Parliament (TCP) hosted by the Consumer Affairs Bureau of […]

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NCC, Firm Sign MoU To Improve Telecom Sector’s Revenue Efficiency

The Nigerian Communications Commission (NCC) has signed a Public Private Partnership (PPP) agreement with its consultant, 3R Company Nigeria Limited, for the execution of the Revenue Assurance Solutions (RAS) to strengthen and manage the integrity of revenue generation process in the Nigerian telecommunications industry. The agreement signing ceremony, which took place at the Commission’s Head […]

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Nigeria’s ICT Industry Recording Impressive Growth – Pantami

…as broadband penetration hits 42.79% The Minister of Communications and Digital Economy, Prof. Isa Pantami, has told the global digital community that Nigeria is recording phenomenal growth in its Information and Communication Technology (ICT) industry, thus enabling socio-economic development in Nigeria and across the African continent. The minister gave this hint during the tea break […]

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9Mobile Launches App For Smartphone Users’ Security

9mobile, one of Nigeria’s leading Mobile Network Operators (MNOs), has launched a fully embedded safety application ‘9mobile Safety App’ for smartphone users to improve security. The telecommunication company’s Head of Products and Digital Services, Mr. Aminu Sani, in a statement issued on Tuesday, confirmed that the 9mobile Safety App was launched due to the company’s […]

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NDIC Restates Commitment To Nigeria’s Financial System Stability

The Nigeria Deposit Insurance Corporation (NDIC) has restated its commitment to its mandate by ensuring that depositors’ funds are secured and by so doing, support the monetary authorities’ efforts to ensure the nation’s financial system stability. The NDIC’s Managing Director, Mr Bello Hassan, made this promise at a retreat with the theme ‘Deposit Insurance In […]