Bank customers are soon going to be unable to use Unstructured Supplementary Service Data (USSD) short code to do financial transaction, the Nigerian Communications Commission (NCC) has granted telecommunications companies approved to suspend the USSD service to 18 banks. The suspension was as a result of debt owed telecoms operators by Deposit Money Banks (DMBs), […]
Read MoreThe National Information Technology Development Agency (NITDA), in collaboration with the Office of the Head of the Civil Service of the Federation, has launched an extensive Digital Literacy Training and Certification programme for federal civil servants. The initiative was designed to empower federal government employees with essential IT knowledge and skills, and enhance public service […]
Read MoreThe AI-driven 5IR is set to drive tremendous change and the emergence of ‘digital unicorns’ in Africa. Advanced data centres are underpinning this transformation. This is according to Dr Ayotunde Coker, CEO of Open Access Data Centres (OADC), a WIOCC Group Company, Africa’s leading provider of comprehensive, integrated core digital infrastructure solutions and managed network […]
Read MoreThe National Association of Proprietors of Private Schools (NAPPS) in Lagos State has announced a $1 billion agreement with Digital Learning Network Inc. (DLN), a US-based education technology business, to transform digital education in Nigeria. The project, which is fully funded by DLN, aims to improve educational quality and promote social inclusion across the country by […]
Read MoreThe Nigerian Communications Commission (NCC) strategic vision plan (SVP) that runs from 2023 to 2025 is on its last lap as it is expected to end this year. The SVP is ending in year when the telecoms industry players are expecting an increase in telecoms tariff amid harsh economic clime and Government lip service towards […]
Read MoreExperts in fintech and payments markets, forecast a 15.3% growth in digital wallet adoption globally by 2029; up from 52.6% in 2024. Juniper Research in a research found that adoption will be driven by the increasing ease of acceptance, and the digital wallet’s ability to connect underserved communities to financial services. The research found that […]
Read MoreThe Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against 103,586.33 and 63.166 trillion posted last week. Consequently, equity investors gained a total of N1.137 trillion for the week under review. Similarly, all other indices finished […]
Read MoreA document from the Federal Inland Revenue Service (FIRS) has debunked the claim under oath by Benjamin Joseph, Chief Executive Officer of Citadel, that he was not aware of the contract executed by his company at FIRS. The details emerged when the case between Citadel Oracle Concept Limited and Zinox Technologies came up again at […]
Read MoreEFCC Arrests Four Chinese, 101 Others for Suspected Internet Fraud in Abuja In its ongoing efforts to clean the nation of internet fraud and other acts of corruption, operatives of the Economic and Financial Crimes Commission, EFCC, have arrested four Chinese and 101 Nigerians in a business apartment in the Gudu axis of Abuja. They were […]
Read MoreAn internet fraudster expert, Chima Nkwocha, a.k.a “Young Billionaire has been jailed for two years for defrauding an American identified as Linda Wheeler of $345,000. A statement by the Economic and Financial Crimes Commission (EFCC), said Nkwocha was jailed after he was arraigned before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on […]
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