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Tag Archives: NCC

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

NCC Judges

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’

NCC Eti

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

NCC at Sweden Broadband 33

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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New twist as banks seek forensic investigation on how Etisalat used $1.2bn loan

Etisalat

Fresh strange developments seem to be trailing the ongoing determination of the destiny of embattled telecoms group, Etisalat this week. Latest on Wednesday indicates that the consortium of 13 banks, involved in Etisalat Nigeria’s $1.2bn loan has changed its game, seeking the Federal Government’s intervention to investigate the management and use of the facility in the first instance. A dependable ...

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‘Poor coordination of FG’s broadband penetration drive killing investors’ confidence’

Shittu-Minister-of-Communications

An indication capable of meaning that the federal government is not serious in driving broadband penetration seems to be emerging as there has been series of back and forth policy pronouncements in recent times on the matter. Speaking at a forum in Lagos recently, the minister of communications, Adebayo Shittu, said government would seek better ways to bridge the infrastructure ...

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Out of 5bn smartphones users worldwide, only 436m in sub-Sahara Africa—GSMA

GSMA

More facts have emerged on why the Nigerian Communications Commission (NCC) said in Lagos on Tuesday that IPv6 is very urgent in Nigeria for being among fastest growing ICT nations. Part of the facts came from the latest report by GSMA, leading telecoms research group who said the number of mobile phone subscribers in the world has reached five billion, ...

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Nigerian Communications Commission (NCC) @ Lagos Digital PayExpo

NCC Eko Expo 22

Staff of Nigerian Communications Commission (NCC) at the Commission’s Stand at the Ongoing Digital PayExpo at Eko Hotel Lagos on Wednesday (June 14, 2017).

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