The Federal Competition and Consumer Protection Commission (FCCPC) has reaffirmed its commitment to monitoring the implementation of the newly approved 50% telecommunications tariff adjustment to safeguard consumer interests and ensure compliance with regulatory standards. In a statement issued on Wednesday in Abuja, FCCPC’s Director of Corporate Affairs, Mr. Ondaje Ijagwu, stated that the commission is […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Nigeria Labour Congress (NLC) has called on Nigerians to prepare for a nationwide boycott of telecommunication services in response to the Federal Government’s recent approval of a 50% increase in telecom tariffs. NLC President Joe Ajaero described the hike as a heavy burden on citizens already struggling with rising costs of living. In a […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Telecommunications operators under the Association of Telecommunications Companies of Nigeria (ATCON) react to the Nigerian Communications Commission’s (NCC) approval of a 50% tariff adjustment. While the decision does not fully meet the industry’s request for a 100% increase, ATCON acknowledges it as a step toward addressing operational challenges and ensuring service quality for Nigerians. In […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Socio-Economic Rights and Accountability Project (SERAP) demands that the Federal Government and telecommunications companies (telcos) reverse the recently implemented 50% increase in call and data tariffs within 48 hours, or face legal action. In a statement issued via Twitter, SERAP condemns the tariff hike as unlawful and insists on an immediate reversal, warning that […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The National Association of Telecommunications Subscribers (NATCOMS) announces plans to challenge the Federal Government’s approval of a 50% telecom tariff increase, arguing that the decision lacks proper consultation with subscribers and key stakeholders. NATCOMS President, Deolu Ogunbanjo, criticizes the Nigerian Communications Commission (NCC) for implementing the hike, calling it a financial burden on both businesses […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Several commercial banks in Nigeria are making last-minute efforts to clear their outstanding Unstructured Supplementary Service Data (USSD) debt before the January 27 deadline. The move comes as telecom operators prepare to disconnect banks that fail to meet their financial obligations. Industry sources confirm that some of the affected banks have begun partial payments, while […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Nigerian Communications Commission (NCC) has approved a 50% tariff adjustment for telecom services, citing rising operational costs. This is the first rate adjustment since 2013. Announcing the decision, NCC’s Director of Public Affairs, Reuben Muoka, explained that the increase is lower than the 100% proposed by some operators. The adjustment complies with the 2013 […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The National Orientation Agency (NOA) rolls out the General Multipurpose National Identity Card (GMPC), which consolidates several identification systems into one. This new initiative aims to simplify the identification process and provide easier access to financial services, government interventions, and travel services for Nigerian citizens. The GMPC serves multiple purposes, eliminating the need for Nigerians […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Meta, the parent company of Facebook and Instagram, is making waves once again with the announcement of its new video editing app, Edits. The app is set to provide creators with powerful tools to make high-quality video content directly from their mobile devices. The announcement comes amidst significant changes in the video editing app market, […]

Hello Readers, Bizwatchnigeria brings you the latest business news highlights in Nigeria for the week of January 12th–18th, 2025. Nigeria Attracts $7.6 Billion In Investments At Africa Investment Forum 2024 The Africa Investment Forum (AIF) 2024 secures $7.6 billion in investment interest for Nigeria, highlighting the nation’s growing potential to attract global capital for development projects. Dr. Akinwumi Adesina, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, states that the planned increase in telecommunications tariffs should not surpass 60%, far below the 100% hike proposed by telecom operators. During a recent appearance on Channels TV, Tijani explains that while telecom operators argue that a 100% increase is essential for business sustainability, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Nigerian Communications Satellite (NIGCOMSAT) partners with Eutelsat to deploy Low Earth Orbit (LEO) satellite services across Nigeria, aiming to boost nationwide connectivity. The partnership, announced by Aisha Bantam, Head of Corporate Affairs at NIGCOMSAT, is set to improve internet access for government agencies, businesses, and rural communities, providing high-speed, low-latency communication solutions. LEO satellites, which […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Nigerian Communications Commission (NCC) grants approval to mobile network operators (MNOs) to disconnect the Unstructured Supplementary Service Data (USSD) codes of nine commercial banks due to unpaid debts. The banks affected include First City Monument Bank (FCMB), Zenith Bank, Sterling Bank, Jaiz Bank, UBA, Polaris Bank, Unity Bank, Fidelity Bank, and Wema Bank. This […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Telecommunications operators in Nigeria achieved a milestone in 2023, recording a revenue of N5.3 trillion from various service offerings. This revelation came through the Nigerian Communications Commission’s (NCC) 2023 year-end performance report titled ‘2023 Subscriber/Network Performance Report,’ released yesterday. Breaking down the figures, the report highlighted earnings across multiple segments: GSM operators led with N4 […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Nigerian Communications Commission (NCC) has announced plans to name 18 banks that have failed to settle their collective N200 billion debt for using Mobile Network Operators’ (MNOs) Unstructured Supplementary Service Data (USSD) platforms. The announcement, expected this week, is part of measures to address the long-standing payment dispute between banks and telecom operators. According […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Nigerian Communications Commission (NCC) has scheduled a stakeholders’ meeting in Abuja to address the proposed 100 per cent tariff hike by telecommunications service providers. The meeting, set for Thursday at 2 pm, aims to bring together consumer groups, telecom operators, and other stakeholders to discuss the potential price adjustment and its implications for the […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced that telecom tariffs in Nigeria will increase soon, though not by 100%. Speaking after a stakeholders’ meeting with Mobile Network Operators (MNOs) on Wednesday in Abuja, Dr. Tijani stated that consultations and engagements regarding the proposed adjustments are ongoing. MNOs have been […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced plans for a moderate increase in telecom tariffs, refuting claims of a 100 per cent hike as proposed by operators. Speaking to journalists on Wednesday after a stakeholders’ meeting in Abuja, Tijani stated the need for balanced regulations to sustain the telecommunications sector’s […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Federal Government is addressing critical challenges affecting the sustainability of Nigeria’s telecommunications sector to ensure affordable and widespread connectivity for all citizens. The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, receives an interim report from KPMG, outlining recommendations to address pressing issues, including tariff adjustments proposed by telecom operators. Dr. Tijani […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Airtel Nigeria has proposed a tariff adjustment following a 300 per cent surge in operational costs over the past 18 to 24 months, a move the telecom giant says is critical for the long-term sustainability of the sector. The company’s Chief Executive Officer, Dinesh Balsingh, made this known in a note shared on Monday, highlighting […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Airtel Nigeria supports the call for a review of telecom tariffs, citing operational costs that have surged by over 300% in the past two years. The telecom giant highlights the critical need to align tariffs with current economic realities to sustain high-quality services and advance Nigeria’s digital development. Dinesh Balsingh, CEO of Airtel Nigeria, explains […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

 The impact of Artificial Intelligence (AI) is a growing concern across various spheres of life, from family discussions to workplace debates. Initially, technology was criticised for fostering isolation and distractions, with individuals often glued to their phones, oblivious to their immediate environment. However, the stakes have escalated with the rapid advancement of AI, especially post-COVID-19. […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

MTN Nigeria Plc has regained its position above the N4 trillion market value mark on the Nigerian Exchange, buoyed by a 10.54% price gain during last week’s brief trading session. Data from the local bourse shows the telecom giant’s share price rose from N175.5 to N194, driven by increased investor demand amid optimism over its […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Telecommunications operators in Nigeria have issued a stark warning about potential service disruptions if tariffs are not adjusted to reflect the surging costs of operations. The Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbenga Adebayo, raised the alarm in a statement on Monday, describing the telecom industry as being under immense […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have directed deposit money banks (DMBs) and mobile network operators (MNOs) to resolve the protracted N250 billion Unstructured Supplementary Service Data (USSD) debt within six months. A joint circular dated December 20, 2024, signed by Oladimeji Taiwo, acting director of payments system management […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The World Bank raises Nigeria’s target for the Digital Identity for Development (ID4D) project, increasing the number of National Identification Numbers (NIN) to be issued from 148 million to 180 million. This adjustment follows Nigeria’s significant progress in expanding its digital identity system, even though the original target for June 2024 has not been met. […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Nigeria’s mobile subscription base rises to 157.3 million in October 2024, up from 154.6 million in September. This growth signals a recovery after several months of decline, with MTN and Airtel driving the increase in subscriber numbers. The recovery follows a comprehensive audit by the Nigerian Communications Commission (NCC) and the implementation of the National […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Many individuals choose to become a physician’s assistant because they don’t want the responsibilities of being a… The post Work-Life Balance: Smart Approaches When Looking For PA Work first appeared on Innov8tiv. Work-Life Balance: Smart Approaches When Looking For PA Work Innov8tiv.com

MTN Nigeria Plc has announced the appointment of three new directors to its board, aiming to leverage their extensive expertise to drive strategic growth and enhance operations.  The appointments, disclosed in a regulatory filing on the Nigerian Exchange, include Mrs. Eyitope Kola-Oyeneyin and Mr. Odumezuo Nwuneli as Independent Non-Executive Directors, and Mr. Tim Pennington as […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Nigeria’s communication sector records the lowest inflation rate of 2.3% year-on-year in November 2024, reflecting stability in prices despite the broader economy’s challenges. This marks a slight decrease from October’s 2.5%, according to the latest data from the National Bureau of Statistics (NBS). In contrast, overall inflation reaches a 26-year high of 34.6%, driven by […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

By Demis Hassabis, CEO of Google DeepMind and Koray Kavukcuoglu, CTO of Google DeepMind on behalf of the Gemini team Over the past year, we have continued to make incredible progress in artificial intelligence. Today, we are releasing the first model in the Gemini 2.0 family of models: an experimental version of Gemini 2.0 Flash. […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Information is at the core of human progress. It’s why we’ve focused for more than 26 years on our mission to organize the world’s information and make it accessible and useful. And it’s why we continue to push the frontiers of AI to organize that information across every input and make it accessible via any […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Rack Centre, the leading Tier III carrier and cloud-neutral data centre in the West African region, has expanded its reach of available interconnection services with TelCables Nigeria, a subsidiary of Angola Cables, which opened a new Point of Presence (PoP) at its facility. The presence of TelCables Nigeria, a subsidiary of global ICT solutions and […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

In November 2024, Mr. Johnson, a resident of Lagos, decides to register his 14-year-old son for a National Identification Number (NIN) required for the upcoming WAEC exams. Recalling his own frustrating experience at a National Identity Management Commission (NIMC) office in 2021, he opts for a private enrollment vendor under NIMC’s Front-End Partners (FEP) program. […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

The Federal Competition and Consumer Protection Commission (FCCPC) has initiated investigations into numerous consumer complaints involving major players in Nigeria’s banking, telecommunications, and aviation sectors. In a statement released on Sunday, the FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, announced the inquiries, which are set to tackle recurring issues of poor service delivery, exploitative practices, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Fitch Ratings has maintained Zambia’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘Restricted Default’ (RD), reflecting unresolved non-bond foreign currency commercial debt as the country progresses with restructuring under the Common Framework. The rating agency anticipates Zambia’s public debt will decrease from 126% of GDP in 2023 to 100% by 2025, bolstered by Eurobond […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.