Economy News Extra Latest News Taxation Technology Telecomms

Telcos To Pay N200,000 Fine For NIN Verification Infractions

The Nigerian Communications Commission (NCC) has proposed a fine of N200,000 for any telecommunication services provider that failed to verify and validate the biometric, National Identity Number (NIN) and other personal information of subscribers accessing their services. The industry regulator disclosed the sanction option in a proposed draft regulation on registration of telephone subscribers 2020 […]

E-Payment Tech & Solutions Economy News Extra Latest News Technology Telecomms

China Forecasts Over 560M 5G Users By 2023

China on Tuesday projected that the number of 5G users would exceed 560 million by 2023. According to a recent guideline on the country’s telecom industry issued by 10 state agencies, including the Ministry of Industry and Information Technology, the 5G network is expected to be used by over 40 percent of personal mobile phone […]