Telecommunications operators in Nigeria have embraced the approval by the Nigerian Communications Commission for a unified Unstructured Supplementary Service Data (USSD) across all mobile networks in the country. This significant step was initiated on May 18, 2023. The unified USSD system will be the exclusive method for recharging and […]
Telecommunications operators In Nigeria have adopted the Nigerian Communication Commission’s approval of a unified Unstructured Supplementary Service Data, USSD, for all mobile networks in the Country. Nigerian Communications Commission (NCC) had approved the unified USSD codes in Nigeria to enable all mobile network services to use the same customer […]
ARM, a leading investment management firm, has announced the launch of its 5th cohort for the Innovation Program which aims to support and empower early-stage startups and entrepreneurs in the fields of Fintech, PenTech (Penetration Testing Technology), Data Intelligence, and Digital Trade. The company provides a wide range of […]
Once again, stakeholders within the Information and Communications Technology (ICT) sector have voiced their opposition to the proposed amendment of the National Information Technology Development Agency (NITDA) Bill. This bill aims to establish legislation granting NITDA the authority to oversee the administration, implementation, and regulation of Information Technology Systems and […]
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has announced to Nigerian Public that the Nigerian Communications Commission (NCC) has approved the disconnection of Deposit Money Banks (DMBs) by Mobile Network Operators (MNOs) in Nigeria if they fail to pay their outstanding debt for Unstructured Supplementary Service Data […]
The Director General of the Budget Office of the Federation, Ben Akabueze, during the induction of the newly-elected lawmakers of the 10th National Assembly expressed that Nigeria is rapidly surpassing its constrained borrowing capacity and could face trouble if Nigeria exceeds its borrowing limits. While Nigeria’s debt-to-GDP ratio is still […]
The Advertising Regulatory Council of Nigeria (ARCON) has released vetting rates for social media advertisements in Nigeria and has begun enforcing them. This means that Nigerians who wish to advertise on social media platforms will now have to bear the additional cost, which can range from N7,500 to N100,000. The […]
Cascador, an accelerator program that assists mid-stage entrepreneurs in Africa with scaling their mission-driven businesses, reported that its aid to companies in Nigeria has resulted in small and medium-sized enterprises raising $23 million in growth capital over the course of four years. Cascador’s Co-founder, Mr Dave DeLucia, says Cascador’s intervention […]
The Telecommunications advocacy body, the Association of Licensed Telecommunications Operators of Nigeria (ALTON), says the ‘Bill for An Act to Repeal the National Information Technology Development Agency Act, no 28 2007 And Enact the National Information Technology Development Agency Act’, otherwise known as NITDA Bill would adversely affect […]
The Central Bank of Nigeria (CBN) has authorized foreign banks to work with their parent companies for the purpose of syndicating foreign currency-denominated loans (dollar loans) with the aim at improving dollar liquidity through foreign banks’ representatives in Nigeria. The Director of the Financial Policy and Regulation Department, Muhammad […]
