The Nigerian Communication Commission (NCC) has solicited the cooperation of all stakeholders in the nation’s telecommunications industry in its sustained drive targeted at combatting electronic fraud (e-fraud) on telecom platforms and building consumer confidence in the nation’s fast-growing digital economy. The Executive Vice Chairman (EVC) of the NCC, Prof. Umar Danbatta, made the call for […]
The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) and other financial institutions to obtain customers’ social media handles/addresses and other critical personal information in a new move in its Know Your Customer (KYC) regulatory guidelines. The apex bank as part of its due diligence regulations all financial institutions operating under its […]
…assures value-laden benefits of product to customers TAJBank, Nigeria’s leading non-interest bank, on Tuesday launched a new digital banking app – TAJWAY – in furtherance of its sustained drive to surpass customer expectations in real time and cost-free banking services nationwide. The digital banking app, which is rated as one of the most secure […]
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has lauded President Bola Ahmed Tinubu for assenting to the Nigeria Data Protection Bill 2023 as a legislative step towards protecting Nigeria’s critical data. The NACCIMA President, Hon. Dele Kelvin Oye, recalled the NACCIMA’s Digital Economy Trade Group’s contribution towards the bill, especially […]
Samsung Electronics West Africa is offering discounts to customers on its A-series devices purchased from selected partners/outlets nationwide in a promo offer titled ‘Massive Deals’ which it says is available while stock lasts. During the promo, the company stated that customers would receive up to 15% discount when they purchase the A14, A04s, A04e, or […]
Despite its impressive performance in the early days of trading this week, the Nigerian equities market closed negative on Friday as investors appeared to be bullish in their profit-taking sentiment driven primarily by the recent rallies by major stocks. Information from the Nigerian Exchange Group (NGX), the market’s supervisory entity showed that the market’s All-Share […]
The Central Bank of Nigeria (CBN) has maintained that its policy on 43 non-eligible items banned from the forex market remained in force, despite last Wednesday’s monetary announcement directing deposit money banks (DMBs) and foreign exchange (FX) to freely trade on FX based on market-determined rates. According to the information contained in the Q&A document […]
The newly established Policy Advisory Council (PAC) by President Bola Ahmed Tinubu has proposed the merger of the Federal Inland Revenue Service (FIRS), Nigerian Customs Service (NCS), and the Nigerian Maritime Administration and Safety Agency (NIMASA) into the Nigerian Revenue Service. The members of the (PAC), who include Senator Tokunbo Abiru (chair), Dr. Yemi Cardoso, Sumaila […]
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has urged global telecom companies and potential investors to take advantage of the opportunities availed by Nigeria’s population of over 200 million people to invest in the nation’s telecom sector, especially in infrastructure provisioning for broadband. Danbatta, who made the appeal at the […]
The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) and Internet Service Providers (ISP) in the country to comply with regulatory frameworks by the Commission towards ensuring security and safety of their networks for telecom consumers. The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Commission, Prof. Umar Danbatta, gave the […]