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Tag Archives: NCC

How pressure weakened NCC to dump cost-based research on DPF

NCC 99

Revelation have emerged implying that pressure from a section of the Main Network Operators (MNOs) and lack of independence in policy implementation by the telecoms regulator, the Nigerian Communications Commission (NCC), is currently causing shocks in the telecom’s data segment capable of collapsing small Internet Service Providers (ISPs). This stemmed from the inability of NCC to stand its ground in ...

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Microsoft gives fresh lead to why it diverted $30bn data centre to S’Africa

Microsoft SA

Additional ‘veiled’ reason on why Microsoft Corp. suddenly diverted its publicized $30 billion investments in new data centre from Nigeria to South Africa may have been revealed based on the company’s position during a one-day government conference on digital transformation in the public sector. The multinational had in a statement noted that it moved the investment to South Africa based ...

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Missing in 2018 ‘Where to invest in Africa’ minus for Nigeria at ITU

NCC at ITU

…priceless data floor may also weaken investors The 2017 edition of International Telecommunications Union (ITU) Telecoms conference in Busan, South Korea, kicked off on Monday with the Minister of Communications leading over 30 delegates peopled by officials of the Nigerian Communications Commission (NCC) and others including private sector operators. The key target of the contingent is to campaign and draw ...

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Why NBS, NCC figures are more credible to CB Insights report on sector growth

dANBATTA

Nigeria and other African governments that did not take issues of gathering, processing and disseminating development statistics serious will continue to fall prey to unreliable data presented by the western world on Africa’s development. This was the summary of the recent experience of leading banker and chairman of United Bank for Africa (UBA), Mr. Tony Elumelu during an interactive session ...

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CJN mulls review of NCC Act 14 years on, says many new things not covered

The Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, has opened up on the need to quickly carry out a review of the 2003 Act establishing the Nigerian Communications Commission (NCC), saying it has not only become obsolete but emergence of new things and technology has necessitated the review. According to Onnoghen, several new issues and latest technological challenges had ...

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USPF Changemaker Challenge 2017 seeks youths’ creativity in problem solving

NCC USPF

The Universal Service Provision Fund (USPF), has structured a platform designed to challenge Nigerian youths to engage their ingenuity to solve current problems using creativity and innovation. Tagged the USPF Innovation Changemaker Challenge 2017, the contest is coming as a nationwide competition open to young innovators, software developers, UX designers, students, and other ICT enthusiasts from all over Nigeria. In ...

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Etisalat’s loan: CBN, NCC should stop tossing lenders’ around—Banks’ shareholders’

Leading capital market pundits and leadership structures of shareholders associations have waded in to the Snell speed handling of the $1.2bn syndicated loan default between Etisalat Nigeria and a consortium of 13 banks. Running for months now, Etisalat Nigeria had been in talks with Nigerian banks to restructure a $1.2bn loan after missing repayments, but there are indications that a ...

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Delegates of NCC at the ‘Broadband for All Summit’ with US telecoms boss, Pai

Delegation of Nigerian Communications Commission (NCC) to the ‘Broadband For All Summit’ holding in Sweden in a group photograph with the Chairman of USA Federal Communications Commission, Mr. Ajit Pai.

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NCA: How Etisalat’s operating licence can be transferred to banks’ on further default

Etisalat banks

Barring further collapse of Etisalat’s $1.2bn syndicated loan repayment negotiations this week, legal experts have smoked out a possibility from the extant Nigerian Communications Act (NCA), showing that even though issuance of a mobile telephone license is personal to the licensee and not transferable to a third party, it can be transferred to the third party on the written approval ...

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How issued surrounding Etisalat’s $1.2bn loan crisis watered down Glo’s interest

Glo Etisa

More details emerged over the weekend indicating apparent loss of interest by Globacom in finalizing acquisition plans of the embattled Etisalat Nigeria. The key factors that botched the plan was traced to the unresolved debt crisis, the entire handling, information management, claims and counter claims by the management plus the Dubai group’s sudden quit at a time the Nigerian company ...

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