Telecoms and IT

Mobile transactions in Nigeria rise 384% in seven months –NIBSS

The value of financial transactions carried out via mobile transactions amounted to N1.4 trillion from January to July 2020 as more Nigerians had to use the medium due to the limitations brought about by the coronavirus pandemic.

 

The figure indicated a 384 per cent rise compared to N289 billion recorded in the same period of 2019.

 

Communications Commission urges operators to boost network capacity

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has charged service providers to constantly upgrade and expand their network capacity in order to deliver top-notch quality of service to their consumers.

Danbatta made the call while speaking at the first edition of the Virtual Telecom Consumer Parliament (V-TCP) hosted by the Commission in Abuja with the theme: “Impact of Covid-19 on Telecoms Service Delivery.”

Digital infrastructure will eliminate poverty through skill development –NCC

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor. Umar Garba Danbatta, has said that the various projects being executed by the Commission and other agencies under the Federal Ministry will eliminate poverty through skill development in Nigeria.

Professor Danbatta stated this during the 4th phase of the virtual commissioning of additional 12 digital economy projects implemented by agencies under the Ministry by the Minister, Dr. Isa Ali Ibrahim Pantami, which also coincided with the Minister’s one year anniversary in office.

USSD: Banks owe Telcos ₦17b –NCC

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that commercial banks in the country are owing telecommunications companies over N17 billion following the regulator’s suspension of its Determination on Unstructured Supplementary Service Data USSD pricing last year.

The NCC, in furtherance of its mandate to protect the interests of consumers and support a robust telecommunications sector, recently announced that it had revised the Determination on the USSD.

SEC, NITDA to collaborate on data protection

The Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency (NITDA) to foster safe conducts and usage of personal data in the Nigerian capital market.

The Director-General of the Commission, Mr Lamido Yuguda, disclosed this during a webinar meeting on Nigerian Data Protection Regulation (NDPR), according to a statement issued on Sunday by the SEC’s Head, Corporate Communication, Mrs Efe Ebelo.

Expert urges SMEs to embrace digital marketing

A digital marketing consultant, Efe Igbinovia, has called on operators of Small and Medium Enterprises (SMEs) to embrace digital marketing to get more patronage, following effects of COVID-19 pandemic lockdown.

Igbinovia gave the advice in an interview with the News Agency of Nigeria in Benin on Wednesday.

He said that the owners of SMEs should increase their social media presence given the fact that there was a surge in social media during this period of COVID-19 lockdown.

How hackers extorted $1.14m from University of California, San Francisco

A leading medical-research institution working on a cure for Covid-19 has admitted it paid hackers a $1.14m (£910,000) ransom after a covert negotiation witnessed by BBC News.

The Netwalker criminal gang attacked University of California San Francisco (UCSF) on 1 June.

IT staff unplugged computers in a race to stop the malware spreading.

And an anonymous tip-off enabled BBC News to follow the ransom negotiations in a live chat on the dark web.

ICT, key to limit coronavirus impact on digital economy –NITDA

The National Information Technology Development Agency, NITDA, says the initiatives by the Nigerian government to reposition Information Communications Technology, ICT would reduce the impact of the coronavirus pandemic on the digital economy.

The Director General of NITDA, Mr Kashifu Inuwa stated this when the Commandant of  the Nigeria Defence Academy, Major General, Jamilu Sarharm paid him a courtesy visit in Abuja, the nation’s capital.

He lauded the proactive measures of President Muhammadu Buhari’s administration at promoting digital economy.

Development Agency empowers women in ICT skills

The National Information Technology Development Agency (NITDA) has trained 100 women in the South West Zonal Women in ICT Training and Empowerment at the Federal Polytechnic Ado-Ekiti, Ekiti State, South-West Nigeria.

The programme is aimed at closing the Gender Digital Divide, promoting job creation, financial inclusion and providing women with the necessary skills and tools to participate in the digital economy.

This is also in pursuit of renewed thrust for leveraging the Digital Economy for National Economic Development in the country.

NCC tasks Nigerians on digitisation

The Nigerian Communications Commission (NCC) has urged Nigerians to key into the digitisation drive of the country.

The Chairman of the board of the Nigerian Communications Commission, NCC, Senator Olabiyi Durojaye stated this in Abuja at the Thanksgiving/Christmas Carols night organised by the NCC’s Christian Fellowship.

“This will increase the ICT sector’s contribution to the national GDP which will in turn drive economic growth, create jobs and transform the well-being of the citizenry in Nigeria”.

Pages

myfinancialintelligence.com