Banking. Revenue. TechnoBiz
Financial payments services firm, Square, run by Twitter CEO Jack Dorsey, has announced to acquire Australian company, Afterpay, for $29 billion in an all-stock deal A news report sourced from business-standard.com, an online medium, indicated that Afterpay, the pioneering global ‘buy now, pay later’ (BNPL) platform, would accelerate Square’s strategic priorities for its Seller and […]
The Nigerian Communications Commission (NCC) has refuted an online news report on the renewal of MTN Nigeria’s Unified Access Licence, saying the telecom operator’s application is still undergoing regulatory processes. The industry regulator, in a statement by its Director, Public Affairs, Dr. Ikechukwu Adinde, advised the public and general stakeholders to disregard the claims by […]
Globacom, one of Nigeria’s leading national telecom operator, has announced a new service ‘Borrow For Others’ offering for its subscribers that avails them the opportunity to borrow airtime and data for friends, associates and family members. According to the industry’s top telecom player, subscribers who want to enjoy this new service offering called “Borrow for […]
The Centre for the Study of Economies of Africa (CSEA), an economic research firm with primary focus on Sub-Saharan Africa (SSA) economies’ trends, has advised against overregulation of Nigeria’s telecommunications sector, warning that excessive regulation may discourage private investments in the rapidly growing sector. This is even as it commended the Nigerian Communications Commission (NCC) […]
MTN Nigeria Communications Plc, one of Nigeria’s leading telecommunications service providers, on Friday reported a profit before tax of N215.12 billion for the half-year ended 30 June, representing a 54.1 percent surge over its profit in the corresponding period of 2020. The telco, in its unaudited results for the half year period filed with the […]
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has advocated the need for ingenious ways of collecting antiquities relevant to operations of various organizations in Nigeria in order to preserve the cultural legacies that can bridge the knowledge gap needed for sustainable national development Danbatta, who was represented […]
The Executive Vice Chairman (EVC), Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that the ongoing amendments to two major regulatory instruments of the Commission will help in strengthening and ensuring a fair and competitive telecoms market in the country. The two regulatory instruments are the Annual Operating Levy Regulations (AOL) and the Frequency […]
The Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has described the public-private partnerships (PPP) model as strategic to current efforts to position the nation’s economy on the path of sustainable growth. The industry regulator made this remark in his keynote address at the 2021 Conference and Exhibition on Information Communication Technology & […]
The Nigerian Communications Commission (NCC) has restated its commitment to continue to strengthen collaboration with judicial institutions as part of its efforts to further protect telecoms infrastructure in the country. The Executive Vice Chairman (EVC) of the Commission, Prof. Umar Danbatta, gave the assurance during a courtesy visit by a high-powered delegation of the Kano […]
The Federal Government has approved the extension of the deadline for National Identity Number (NIN)-Subscriber Identity Module (SIM) data verification to October 31, 2021. To further consolidate on the successes recorded so far on the exercise, it also now begins to focus more on remote, hard-to-reach areas, schools and health centres nationwide. A statement jointly […]