Category: ICT

NCC Harps On Digital Services As Key Driver Of Financial Inclusion In Nigeria

ADEOLA YUSUF

The Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Dr. Aminu Maida, has stated that the digital financial services will continue to have a significant impact on Nigeria’s financial inclusion and the digital economy at large. Maida disclosed this while speaking at the 2023 NITRA Financial Technology (Fintech) Forum, on Thursday, 26th October 2023, which was at Oriental Hotel, Victoria Island, Lagos. According to him: “Digital financial services will continue to have a significant impact on Nigeria’s financial inclusion and the digital economy at large. This is because of the optimal…

Read More

NCC Pledges Support For Development Of The Fintech Ecosystem In Nigeria

ADEOLA YUSUF

Telecommunications regulatory authority, the Nigerian Communications Commission (NCC) under the exercise of its statutory mandate, will continue to ensure that the regulatory environment supports the growth and success of Fintech in Nigeria for the overall development of the digital economy. The Executive Vice Chairman and Chief Executive Officer(EVC/CEO) of NCC, Dr. Aminu Maida gave this assurance while a delivering his keynote address at the Nigeria Information Technology Reporters Association(NITRA) Fintech Forum, held at the Citiheight Luxury Hotel, Ikeja, Lagos, south west, Nigeria, on Thursday, October 26, 2023. Represented by the…

Read More

11 Months After Launch, 5G Subscriptions Hit 1.8 Million

ADEOLA YUSUF

Fifth-generation subscriptions have risen to 1.8 million eleven months after launching in Nigeria. This is based on data obtained from the Nigerian Communications Commission portal. According to the data, 0.83 per cent of the total mobile subscriptions (220.36 million) as of August 2023 were on 5G network. When calculated, this amounted to 1.83 million mobile subscriptions. On a month-on-month basis, 5G subscriptions grew by 537.95 per cent from 286,698.4029 as of July 2023 to 1,828,997.8438 as of August 2023, despite a 0.079 per cent decline in the total number of…

Read More

BREAKING: Tinubu Names New heads for NCC, NIPOST, NIGCOMSAT +LIST

ADEOLA YUSUF

President Bola Tinubu has approved the appointment of new and returning Chief Executives to fresh terms in office across multiple agencies under the Federal Ministry of Communications, Innovation and Digital Economy. The development was confirmed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale. According to a statement by Ngelale on Wednesday, the new Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission is Aminu Maida, who replaces Prof. Umar Dambatta. The new Managing Director/CEO of the Nigerian Communications Satellite Limited, is Nkechi Egerton-Idehen, who…

Read More

Meet Olatunbosun Amao, Nigerian Who Developed AI-Powered Writing App

ADEOLA YUSUF

“How he resigned from GTBank and Japa to Canada;” Full story of the University of Ilorin graduate of political science now a tech titan + all you need to know about his LexiGenius, AI-powered writing App for students, journalists, copy-writers, and others   Nigerians have joined the band of Artificial Intelligence (AI) and machine base application developers whose ingenuity has created fast increased popularity and transforming every aspect of human lives. This is as a content creator and script writer, Olatunbosun Amao, a Canada-based Nigerian, has debuted with an innovative…

Read More

Multiple Taxation Bane Of Economic Development – NCC

ADEOLA YUSUF

Adeleke Adewolu, Executive Commissioner (Stakeholder Management), Nigerian Communications Commission (NCC). Nigerian Communications Commission (NCC) has identified multiple taxation has been described as the bane of the economic development of the country. Platforms Africa reports it also disclosed that multiple taxation does not lead to increment in government revenue, but rather makes otherwise profitable businesses to become unprofitable. READ ALSO: Wanted: Police Unveil Face of Deadly Cult Leader Who ‘Beheaded’ DPO Deadliest in 60 Years; Morocco Earthquake’s Death Toll Hits 2,681 Africa’s First Chartered Accountant, Akintola Williams, Is Dead NDLEA Intercepts…

Read More

Embracing Digital Native Culture: A Shift in Traditional Communication Patterns and the Challenges Ahead, By Loren Lubanga

ADEOLA YUSUF

The digital native culture and the rapid pace of technological advancements have triggered a revolution in the way we communicate, with the proliferation of online platforms and digital communication channels. It has brought about a significant transformation, leaving traditional forms of communication forever altered. While voice calls and face-to-face interactions used to be the primary form of communication in the past, digital natives’ preference have fundamentally transformed communication patterns, with the current generation choosing to engage over platforms such as chats apps, email and even video calls. READ ALSO: 5…

Read More

Mark Zuckerberg Trains With UFC Champions After Banters With Elon Musk

ADEOLA YUSUF

Zuckerberg and Musk have renewed challenge on having a showdown cage fight   The Meta Chief Executive Officer, Mark Zuckerberg, on Tuesday, was pictured training with UFC champions, Israel Adesanya and Alexander Volkanovski. The picture of his training session with the UFC champions has further increased speculations on the possibility of an MMA fight between him and Twitter CEO, Elon Musk. Recall that the prospect of an MMA showdown between the tech gurus started as an online banter some weeks back. READ ALSO: Twitter Rival, Threads, Hits 10 Million Users…

Read More

GDP Gains N10Trn As Nigeria’s Telecoms Investment Ballons To $75.6Bn

ADEOLA YUSUF

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has reached $75.6 billion as of 2021. Platforms Africa reports that Danbatta disclosed this at an interactive session with stakeholders in the communications media ecosystem, in Lagos on Wednesday where he provided his scorecards and landmark developments that have shaped the trajectory of growth in the telecoms sector since he became the chief telecom regulator…

Read More

Twitter Rival, Threads, Hits 10 Million Users Within Hours of Launch

ADEOLA YUSUF

How Elon Musk and Mark Zuckerberg exchanged words over Threads threat to Twitter   More than 10 million people have signed up for Threads, Meta’s rival to Twitter, within the first few hours of its launch, the company’s CEO Mark Zuckerberg said on Thursday. The app went live on Apple and Android app stores in 100 countries at 2300 GMT on Wednesday and will run with no ads for now, but its release in Europe has been delayed over data privacy concerns. This was followed by an exchange of words…

Read More