Scarcity Disrupts Banks, IOCs, Telcos’ Forex Payments     There are indications that the lingering foreign exchange scarcity in the country is slowing down banks’ ability to meet their payment obligations that are denominated in dollar. Sources said that banks have been having long waits to access dollars...

Banks Owe Telcos N17bn For USSD Access – NCC     The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, says commercial banks in the country owe telecommunication over N17bn for Unstructured Supplementary Service Data access. This debt, according to him, accumulated following the regulator’s...

New Investments Key To Call, Data Tariffs’ Reduction – Telcos     Apparently reacting to the federal government and millions of subscribers’ calls for downward review of data and voice calls’ tariffs, the telecom companies have said the current tariffs could only be slashed if more investments are...

How Telcos Can Rebuild Nigerian Economy Amid COVID-19     A global tech market advisory firm, ABI Research, has said telecommunication companies (telcos) have a critical role to play in managing Nigeria’s transition from COVID-19-related stagnation, as well as provide a resilient national infrastructure to stimulate growth...

Vandalism Weakens Infrastructure Efficiency As Telcos Task Lawmakers On Legislation   While the operators are counting their losses, subscribers bear the brunt as services continued to get disrupted negatively. The impact of this challenge is felt in the quality of services rendered, which has remained at...

NITDA Probes Banks, telcos, Others Over Alleged Data Breaches The National Information Technology Development Agency says it is probing some telecommunications companies, banks, financial technology companies and others for allegedly breaching the data security of their customers. In a statement signed by Director General of NITDA,...