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ePayment firms strategizing for volume uptake as April 1st gets closer

Eppan Onajite

Ahead of April 1, 2017 when the cashless system which had been in only six states will go nationwide, operators in the nation’s epayment ecosystem have pledged their readiness to cope with challenges of handling more volume of cashless traffic. The Central Bank of Nigeria (CBN) in a circular to all Deposit Money Banks directed that with effect from April ...

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Orange, 2 other European telecoms giants closing in on acquiring Etisalat if…

Etisalat nigeria

Another window of opportunity for any of the three (names with held) deep pocket telecoms investors based in Europe who had been targeting to buy any of the exit rumoured GSM companies. It would be recalled that weekend, the news broke that Abu Dhabi-listed Etisalat is considering a sale of its stake in Etisalat Nigeria after the local unit defaulted ...

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Subscribers’ seek sack of Minister over shifting of sanctions responsibility to Nigerians

Adebayo Shittu

Many angry Nigerians subscribers who have been experiencing impaired Quality of Service (QoS) have reacted to a statement issued by the Minister of Communications, Mr. Adebayo Shittu urging Nigerians to join hands with the Federal Ministry of Communications and the Nigerian Communications Commission (NCC) in the fight against poor quality services, unsolicited sms and unauthorized deductions by telecom service operators ...

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DSO: NBC activates 145,357 STBs in Abuja, begins payment of STB producers

launch of Abuja DSO

The Director General of National Broadcasting Commission (NBC), Mallam Is’haq Modibbo Kawu has disclosed that the Abuja switch on is the definitive beginning of the journey to conclude a national Analogue Switch Off (ASO) and a Digital Switch Over (DSO). In a press conference on Monday at NBC’s office, Abuja Kawu rolled out encouraging data on the journey tpo national ...

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NBC extends timeline for debtor broadcast stations to month end, mulls license revocation

Kawu, NBC boss

In a show of magnanimity, the National Broadcasting Commission (NBC), has extended till march 31st, the window of paying all outstanding licence fees owed by broadcast stations, hinting that clampdown will follow immediately the grace period is over. The agency had during last month’s stakeholders meeting in Abuja made itself clear on the appropriate sanctions awaiting defaulters from March 15, ...

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Exclusive: Everything interaction in BBNaija is Nigerian—Multichoice

BBNaija interaction

Considering the observed rancor and disaffection that have been trailing some displays in the current season of Big Brother Naija (BBNaija), which recently spurred calls by many Nigerians including a Lagos State lawmaker for the federal government to ban the show, Business Hilights (BH) decided to find out why MultiChoice embarked on it. The quest encouraged our correspondent to engage ...

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Telecoms equipment fall into plants/machinery category of CBN forex window— ALTON

Gbenga Adebayo

After long period of failed efforts to get forex for the purchase critical telecoms equipment, indications have emerged that part of the reasons why Quality of Service (QoS) has continued to be on the downward trend. Accordingly, leading umbrella body for telecoms operators, the Association of Licensed Telecommunications Operators of Nigeria (ALTON) has written to the telecoms regulator, Nigerian Communications ...

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Nokia’s 3310 celebrated comeback rubbished by Android craze in Nigeria—BH Survey

Nokia 3310

Contrary to earlier speculations that several Nigerians were excited about the recent announcement of the release of a revamped version of the popular Nokia 3310, opinion poll by Business Hilights research team has shown that majority of Nigerians preferred Android or smart phones to the new Nokia 3310. Many respondents in Lagos and Abuja queried what a person will be ...

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ALTON lists impact of prevailing forex regime on telecoms industry

Gbenga Adebayo

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has once again, opened up on the frustrations facing its members in accessing foreign exchange (forex) since the beginning of the current policy by the Central Bank of Nigeria (CBN), saying if urgent action is not taken, many operators will pack up. In a communiqué issued at the end of its ...

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Tracking now: NCC finally secures soft landing for debt-ridden Etisalat with CBN, banks

It was reprieve for Mobile Network Operator, Etisalat on Friday following a meeting convened by Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC) to find a quick resolution to the loan default crisis facing the company. A statement signed by the Director Public Affairs at NCC, Mr. Tony Ojobo revealed that Friday’s meeting succeeded in halting the attempt ...

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