Category: ICT

NCC Highlights Importance Of ICT In Combating Financial Crimes

ADEOLA YUSUF

Nigerian Communications Commission (NCC) has said effective application of Information and Communication Technology (ICT) is critical in combating financial crimes by enabling real-time surveillance, regulatory compliance, and secure data processing, just as it sought a multidisciplinary and multi-stakeholder collaborations to address issue of illicit financial flows in the country. Executive Vice Chairman (EVC) of the Commission, Dr. Aminu Maida, who was a speaker at the 11th anniversary lecture series of RealNews Magazine in Lagos on Tuesday, November 7, 2023, where he was also inducted into the RealNews Hall of Fame…

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What You Need To Know About The Recently Concluded NCC Talent Hunt Competition

ADEOLA YUSUF

In the Blockchain Solution category, Know-Now Limited emerged winner with N10m prize. In the Renewable Energy Solutions category, Solaris GreenTech Hub, emerged the winner with N10m prize In the Assistive Technology Solutions category, Spex Care Limited emerged winner with N10m prize. The remaining 9 innovators from the 12 were given N500,000 consolation prize each. READ ALSO Broadband Penetration: NCC Implements New Strategies To Meet 70% Target by 2025 We Killed Pastor By Mistake, He’s Not A kidnapper — So Safe Corps NCC Harps On Digital Services As Key Driver Of…

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Broadband Penetration: NCC Implements New Strategies To Meet 70% Target by 2025

ADEOLA YUSUF

Nigerian Communications Commission (NCC) has begun implementing new strategies to meet the new target of 70 percent Broadband penetration by year 2025 as contained in the Nigerian National Broadband Plan 2020 — 2025. The Executive Vice Chairman/CEO of the Commission, Dr. Aminu Maida disclosed this while delivering his key note address on Thursday, 26th October 2023, at the 2023 NITRA Financial Technology (Fintech) Forum. He said: “Statistics indicate that Broadband penetration stood at 45.57 per cent as of August 2023, which is a fair progression towards the mid-term broadband target…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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