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NCC Reports 13% Dip In Inactive Mobile Lines In 2022

The Nigerian Communications Commission (NCC) has reported that number of inactive or unused or abandoned lines across the mobile network operators’ (MNOs) networks declined by 13% in 2022, reflecting that more subscribers activated their lines in the year. According to the industry’s regulatory standard, a mobile line is considered to be inactive if it is […]

Banking E-Payment Tech & Solutions Latest News Planning & Economic Development Technology Telecomms

Bank Customers’ Mobile Transfers Hit N19.4Trn In 2022

The Nigeria Inter-Bank Settlement System (NIBSS) has reported that bank customers transferred a total of N19.4 trillion over mobile devices last year, representing a 142% surge year-on-year (Y-o-Y) when compared to the N8 trillion mobile transactions in the preceding year. The agency also disclosed that the volume of mobile inter-scheme transactions rose by 151% year-on-year […]

Banking Latest News Telecomms

MTN Mulls Mobile Money Service In Nigeria

Determined to explore other investment opportunities to buoy its earnings in Nigeria, MTN Group on Tuesday announced plans to apply for mobile payment banking licence in the country. The South African mobile telecom operator said that on obtaining the licence, it would launch a mobile payment service in Africa’s biggest economy by the second quarter […]

Latest News Telecomms

Globacom Debunks Gender Bias Rumour In Downsizing Exercise

Globacom, Nigeria’s leading telecom services provider, has refuted allegations that it is gender bias in its recent workforce downsizing exercise. The telco, in its tweeted reaction to a fake letter being circulated in some sections of the media, described such insinuation as mischievous, saying that the exercise is carried out based on performance issue. It […]