Business Hilights

Tracking Nigeria's Headline Business News Online

ICT

How Access Bank network stood tall when others stagger during yuletide

Even as digital banking normalcy begins to emerge, many Nigerians especially users of several new generation banks digital transactions Apps and other financial channels during the yuletide decried both steady and momentary collapses, hand-ups and all sort failures in using…

ICT

(Special Report) Return of NCC’s InfraCo Licenses Imminent in 2023?

In the strategic wisdom of the lead telecoms regulatory agency, the Nigerian Communications Commission (NCC), it structured what it called Infrastructure Companies (InfrCos) to drive the deployment of broadband infrastructure across the nation about 10 years ago. However, that has…

ICT

(Analysis) How Smile Communications Roared VoIP Segment in 2022

In the beginning, Smile Communications made it clear that it aims to become the broadband provider of choice to everyone in Africa and enable Smile customers to fully benefit from the internet world. Our vision is a connected Africa. Currently,…

ALTON Awonuga-Gbenga-Olajide
ICT

Telcos seek NCC approval to disconnect banks over N80bn USSD Debt

Consortium of Nigerian Telecoms operators have reached out to the Nigerian Communications Commission for approval to phase out the Unstructured Supplementary Service Data offered to banks due to over N80bn. The Chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON),…

ICT

Harvest of awards for Digital Encode at BusinessDay Leadership Award 2022

At the Nigerian Business Leadership Awards, organized by BusinessDay Newspaper held in Lagos on December 03, 2022, the co-founders, with many laurels in the bag, received industry-wide accolades for their outstanding contribution to the growth of information security industry and…

ICT

FG moves to transform Nigeria into hub for talent, innovation

The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has said the Federal Government is prioritising efforts to establish Nigeria as a leading hub for talent and innovation in Africa. Inuwa said this at the closing ceremony…

ICT

A Minister’s quest and balkanization of the NCC

By Sonny Aragba-Akpore After reading and re-reading Joseph Conrad,s Heart of Darkness,searching for the fate that awaits telecommunications regulator,the Nigerian Communications Commission (NCC) is not difficult to decipher. For reasons left to our imaginations but well choreographed by Communication &…

ICT

Why NBA, CPN, others reject proposed NITDA Bill 2021 in its entirety

Massive rejections have faced the recent move by the National Assembly to hurriedly pass the proposed NITDA Amendment Bill 2021into law. Recall that while many Nigerians are concerned with activities to roundup the year, a public notice by the Joint…

ICT

NASS working to reintroduce suspended telecom tax in 2023?

Strong indication has emerged on the possibility of the reintroduction of the suspended excise duty on telecom services come next year if feelers from the House of Representatives are anything to go by. Facts from a document titled ‘Invitation to…

Reps hits illegal FinTech, Loan Apps operators, Begins probe

Following the plethora of bad reports and unprecedented embarrassments meted out to victims, the House of Representatives has resolved to investigate the activities of illegal financial technology companies and mobile application lenders who threaten debtors for failing to repay loans….