Telecoms and IT

Nigeria aiming to resolve MTN dispute and soothe investor fears –Minister

Nigeria is confident of resolving a $10.1 billion dispute with telecoms firm MTN and sending a positive signal to foreign investors worried about the country’s demand for the money, its trade and investment minister told Reuters.

Nigeria’s central bank on Aug. 29 ordered the South African firm and its lenders to bring $8.1 billion back into Nigeria that it alleges the company sent abroad in breach of foreign exchange regulations. MTN also faces a $2 billion tax demand from the country’s attorney general.

MTN denies any wrongdoing.

Regulatory Agencies Canvass Proper Regulation for E-Commerce

The Standards Organisation of Nigeria (SON) says there is the need for stakeholders in the e-Commerce space to adhere strictly to standards to grow the sector.

The organisation made the call with the Consumer Protection Council (CPC), Nigeria Customs Service (NCS) and others at a stakeholders’ forum with the theme: “The Role of Standards and Quality Regulation in Electronic Commerce’’, organised by SON in Lagos.

Telecom Operators seek Regulation of Over-the-top Services

Telecommunications operators in Nigeria on Wednesday called for licensing for and regulation of over-the-top services such as YouTube, Facebook, Twitter and WhatsApp Messenger to generate more money for the country.

Mr Gbenga Adebayo, the Chairman, Association of Telecommunications Operators of Nigeria (ALTON), told newsmen in Lagos that telecom regulators should no longer be neutral to technology regulation.

According to the ALTON chairman, it is technology that is now driving telecom market and not services, news agency Voice of Nigeria reports.

Nigeria to Promote Regulations on Tech Entrepreneurship

Nigerian Government will continue to promote regulations and policy framework on tech entrepreneurship ecosystem.

Minister of State Federal Ministry of Industry Trade and Investment, Aisha Abubakar, said this on Thursday in Abuja at the launch of the ecosystem research paper, noting that the research will provide policymakers with the tools to manage and leverage on digital disruption, news agency Voice of Nigeria reports.

Robot Uprising Versus Skill

Inside fDi: It's skills that will kill the robot uprising

The robots are coming! Populist politicians the world over are raging against various threats to blue-collar jobs, from globalisation to those darned robots. However, says Courtney Fingar, artificial intelligence will still be reliant on the real thing, and those areas that provide these skills will have the least to fear from our new robo-overlords.

NCC, CBN Sign Agreement on Payment System

The Nigerian Communication Commission (NCC) and the Central Bank of Nigeria (CBN) has signed a Memorandum of Understanding (MoU) on payment system.

The Executive Vice Chairman of NCC, Prof. Umar Danbatta stated this at the signing of the MOU in Abuja, Nigeria.

Prof Danbatta said the MoU would improve mobile money service penetration and financial inclusion across the country.

Dubai to Launch Digital Vehicle Number Plates

Drivers in Dubai may soon be using digital number plates under new plans.

In a trial starting next month, vehicles will be fitted with smart plates with digital screens, GPS and transmitters.

The new plates will be able to inform emergency services if a driver has an accident, BBC reports.

Dubai has recently spearheaded a number of new transport initiatives as it seeks to become an international technology hub.

What are the advantages of the plates?

NITDA Alerts Nigerians on European Union Data Protection Regulation

The National Information Technology Development Agency (NITDA) has brought to the attention of Nigerian businesses, the implications of the new EU General Data Protection Regulation (GDPR).

This alert is especially meant for those that collect, store and process personal data of European Union (EU) citizens for the provision of goods and services, and the general public.

The regulation which was adopted on 27 April 2016 and becomes enforceable from 25 May 2018 is replacing the data protection directive of 1995.

Data: BRISIN Project to Create Millions of Jobs for Nigerians

The National Coordinator, Basic Registry and Information System in Nigeria (BRISIN), Dr. Anthony Uwa, says the project will create no fewer than 10 million jobs if implemented by the present administration.

Uwa, also Managing Director of Dermo Impex Limited, said in Abuja that the President Muhammadu Buhari-led administration would make history with the project.

He said that criticisms of the administration would turn to praises because it would build a lasting foundation for the country to thrive if the project is implemented.