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Regulation

Central bank mandates indirect PSP to obtain risk-based rating

As from November 11, any institution applying for an indirect participant in the nation’s Payments System must have a satisfactory risk-based rating from the Central Bank of Nigeria (CBN).
The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 1

Speaker Gbajabiamila urges Nigerian youths to empower themselves with digital knowledge

Femi Gbajabiamila, Speaker of the House of Representatives, has urged Nigerian youths to properly equip themselves with skills that will make them competitive in a world that is fast becoming a global village.
Vice President Yemi Osinbajo stated this at the end of a four week-training for 1500 youths who participated in the N-Creative programme held in Benin.

VP Osinbajo: Power sector reforms making steady progress

Vice President Yemi Osinbajo says the Federal Government’s power sector reforms are already yielding results as steady progress is being recorded in power generation, transmission and distribution capacities on the national grid.

ALTON decries regulatory infractions by NITDA on PIA, others

Association of Licensed Telecommunications Operators of Nigeria (ALTON) has decried regulatory infractions by the National Information Technology Development Agency (NITDA) which border somewhat on communications matters within the regulatory purview of the Nigerian Communications Commission (NCC).
Director-General, National Information Technology Development Agency (NITDA), Dr. Isah Pantami

Telcos accuse NITDA of usurping NCC’s powers

Telcos on Tuesday accused the National Information Technology Development Agency (NITDA) of trying to usurp the regulatory functions of the Nigerian Communications Commission (NCC) under the guise of issuing Frameworks and Guidelines.

Femi Falana: Kaduna government’s fresh conditions on Ibraheem El-Zakzaky height of provocative contempt

Human rights activist and lawyer, Femi Falana, has criticised the Kaduna State government over the stringent conditions it issued with regards to the permission granted by the court to Sheikh Ibrahim El-zakzaky and his wife, Zeenat, to embark on a medical trip abroad.

NITDA warns on hosting official data outside Nigeria

The National Information Technology Development Agency (NITDA) has warned government agencies from hosting public data on cybers and clouds outside Nigeria.
Seyi Makinde

Oyo government appoints Due Process chief

The Oyo State Government has named Ms. Tara Adefope as the Director General of Due Process Office.

Telecos demand executive order on infrastructure vandalism, double taxation

Telecom operators in the country and other professionals in the Information and Communications Technology, ICT, industry, yesterday, called on the Federal Government to issue executive order against vandalism of telecom infrastructure, double taxation and regulation in the sector to properly harness the developmental potential of ICT in nation building.
Central Bank of Nigeria - CBN

Central bank to limit banks’ appetite for govt securities

The Central Bank of Nigeria, CBN, yesterday, said it would soon announce measures to limit the excessive appetite of banks for government securities.
Fintech

Experts harp on enabling environment, policies to drive fintech growth

Financial experts at the ongoing Future Banking Tech West Africa Conference have called for an enabling environment and policies for fintech to thrive.

NCAA to demolish over 7,000 telecommunication masts

Over 7,000 telecommunication masts and towers belonging to Global System for Mobile Communications (GSM) providers erected nationwide may soon be pulled down by the Nigerian Civil Aviation Authority (NCAA).

NITDA pledges to promote ICT among youths

The National Information Technology Development Agency (NITDA) has pledged to boost the morale of young innovators to develop Information Communication Technology (ICT) in the country.

CBN: Revised MFBs categories to boost operations in economy

The Central Bank of Nigeria says the revised categories of MicroFinance Banks, which give them up to April 2020 to recapitalise, is to ensure their continued operations in the economy.

Federal government deploys price checker on procurement process

Nigeria has deployed a new portal called the price checker to harmonise prices and ensure transparency in the procurement process.
File photo- Construction work at the Dangote refinery and fertiliser site in Lekki Lagos. Company complying with Local Content Act

Official: Completion of Dangote refinery will help Africa’s sloppy economy

Nigeria and other African countries would soon heave a sigh of relief from the sloppy economic situation occasioned by price instability with the imminent completion of the Dangote Refinery and other modular refineries in Nigeria.
5G signal

Nigeria testing 5G network for 2020 rollout

Nigeria has started trial testing of the rollout plan of 5G networks with the 26GHz, 38GHz and 42GHz spectrum bands beginning with the Eko Atlantic Project.

NCC warns against arbitrary shutting of telecoms base stations

The Nigerian Communications Commission (NCC) on Thursday warned state governments and security agencies to stop arbitrary shutting down of telecommunications base stations and infrastructure.

Recent Stories

December 7 is now being suggested as the new date for the El Clasico between between Barcelona and Real Madrid at Camp Nou.

New date for rescheduled Clasico confirmed as December 18

Following the decision to postpone Saturday's meeting between Barcelona and Real Madrid, it has been confirmed that the first Clasico of the season will take place on December 18.
Huawei

Huawei passes 200 million smartphones shipped, outpacing 2018 by two months

Huawei has announced that it has shipped 200 million smartphones so far in 2019 — 64 days quicker than it took to hit the same milestone in 2018.
The Mazda MX-30 is the Japanese automaker’s first electric car, and it features a pretty eye-catching design for its side doors.

Mazda’s first electric car includes rear-hinged ‘freestyle’ doors

The Mazda MX-30 is the Japanese automaker’s first electric car, and it features a pretty eye-catching design for its side doors. On both sides, the MX-30’s rear doors open from the back rather than the front, and there’s also no center pillar, providing a large entrance when both doors are open. AutoCar reports that Mazda last used these “freestyle” doors on its RX-8.
Stakeholders in the creative industry and relevant agencies of government have extolled organisers of the Abuja International Film Festival (AIFF) for steadfastness in holding the annual fiesta for 16 years.

Nollywood: Stakeholders laud organisers of Abuja Film Festival

Stakeholders in the creative industry and relevant agencies of government have extolled organisers of the Abuja International Film Festival (AIFF) for steadfastness in holding the annual fiesta for 16 years.
The Controller General of Nigerian Correctional Service, Ja’afaru Ahmed, has set up a panel to investigate Ikoyi Prisons following the exposure of corrupt practices in Nigerian prisons by Fisayo Soyombo, an undercover journalist.

Correctional service comptroller orders probe of Ikoyi prison

The Controller General of Nigerian Correctional Service, Ja’afaru Ahmed, has set up a panel to investigate Ikoyi Prisons following the exposure of corrupt practices in Nigerian prisons by Fisayo Soyombo, an undercover journalist.