NCC Canvasses Unifying Mechanism For Telcos, Stakeholders The Nigerian Communications Commission (NCC) has called for a unifying mechanism between telecoms operators (Telcos) and industry stakeholders that will serve as alternative source of revenue and boost their financial capacities. NCC said the re-examination of their current business...

SIM Swap Fraud Threatens Telcos’ Mobile Money Plan   The rising incidence of Subscribers Identification Module swap fraud in the country has become a major concern for stakeholders in the financial and telecommunication industry. Telecoms subscribers are also concerned that the same manner in which airtime is...

Over Infractions, NCC Slams N74m Fine On Telcos   The four major network operators in the country have been slammed with a total of N74m by the Nigerian Communications Commissions for violating various regulations. The NCC, in its 2018 third quarter compliance, monitoring and enforcement report, stated that...

As Voice Revenue Drops, Telcos Turn To Data, Mobile Money   Nigeria’s network operators are turning to other products and services to boost their revenue profile as increasing competition in voice and messaging services continue to affect their revenue. The telcos are investing massively in data services,...

Group Charges Telcos To Tackle Electronic Fraud   Worried about the increasing rate of electronic fraud, especially through the use of smartphone devices, the Industry Consumer Advisory Forum (ICAF), which oversees the interests and concerns of consumers of Information and Communications Technology (ICT) products and services,...

CBN Targets N5bn Investment From Telcos For Mobile Money   The Central Bank of Nigeria has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money services to make a minimum capital deposit of N5bn. It was gathered that the apex bank...