By Cyril Ilayah The Nigerian telecom industry from the time of liberalization in 2001 to date, can be said to be the fasted growing sector in the country, facilitating the growth of other sectors and ultimately, boosting the economy. In the last five years (2015-2019), the sector has depended largely on effective regulation, championed by the Nigerian Communications Commission (NCC) to record impressive growth. Thanks to Prof. Umar Danbatta, the Executive Vice Chairman, the NCC Board and the rest of the team. As of today, telecom is contributing a whopping 11.39 percent to the country’s gross domestic product (GDP), an…
Author: ITPulse
The Federal Government has described the decision of some state governors to increase Right of Way charges as an affront and disregards to an earlier resolution reached by the National Economic Council (NEC). Some state governors, including that of Lagos, Kano, Anambra, Ondo, Cross River, Kogi, Osun, Kaduna, Enugu, Adamawa, Ebonyi, Imo, Kebbi and Gombe have hiked the cost of Right of Way (RoW) for telecoms infrastructure, even up to 1,200% from the initial agreed N145 per linear metre. But in a statement signed by the Minister of Communications & Digital Economy, Dr Isa Ali Pantami, earlier today, the federal…
The Cyber Security Experts Association of Nigeria (CSEAN) has released its cybersecurity predictions for 2020, warning that cybersecurity will continue to gain traction globally, largely to emerging technologies, some of which have defiled regulations. The predictions, which were circulated via email to Journalists by the association’s President, Remi Afon, noted that Nigeria and the world at large will be faced with the combination of the old and new cyber threats, emanating from emerging technologies such as the Internet of Things IoT, Cloud Technology and Smart Phones, which are having great impact on our daily lives and equally offering new vulnerabilities…
DIGITAL Economy Media Support Volunteers (DEMS Volunteers), has urged the federal government to pay more attention to the workings of the National Identity Management Commission with regards to the registration for National Identification Number. In a statement in Lagos, the Director-General of DEMS Volunteers, Prince Stan Okenwa, also commended the Joint Admissions and Matriculation Board (JAMB), for suspending the use of National Identification Number (NIN), as a requirement for registration in the 2020 Unified Tertiary Matriculation Examination (UTME). He said the JAMB’s decision has saved innocent students from stress and falling prey to unforeseen NIN registration racketeers, who may have…
Last week, Njalo.ng, a FREE classifieds platform was launched to encourage more Nigerians to embrace the online marketplace, and ultimately restore the confidence of Nigerians, and indeed African to eCommerce through hassle-free, secured and convenient process. Unveiling the platform, Co-founder/Chief Technology Officer of Njalo.ng, Mr. Emeka Orjiani, explained the processes of how to buy and sell using the platform. Here are the steps to proceed: Step 1. Click on Njalo.ng ads for FREE NOW Step 2: Complete all the information about your item such as title, category, region, description, price and add photos (at least three photos needed for cars…
The Nigerian Communications Commission (NCC), said it is ready to replicate here in Nigeria the Swedish Programme for ICT Development in Emerging Regions (SPIDER), a dedicated programme instituted to provide capacity building in emerging markets. The Executive Vice Chairman (EVC) of the Nigerian telecom regulator, Prof. Umar Danbatta, stated this after a meeting with the Swedish Ambassador to ECOWAS, Ghana, Cameroon and Nigeria, Mr. Carl Grans and his team at the NCC’s Corporate headquarter in Abuja, yesterday. The discussions, according to Danbatta is in line with the Commission’s 8-Point Agenda, one of the pillars of which focuses on Strategic Collaborations…
Mr. Emmanuel Onajite, a research analyst whose research focus is centered on the impact of broadband penetration on low-income economies, has predicted it is possible for Nigeria to achieve a 70 percent broadband penetration target in five years. Onajite hinged his prediction based on the fact that a number of countries with lower gross domestic products (GDP) and per Capital Income have achieved greater broadband penetration, raising the hope of the same possibility in Nigeria. “There is an indication that Nigeria is finally waking up to the need for telecommunications as a major pillar for national development, the inauguration of…
The face-off between man and technology has lasted throughout history. From the first striking of stones to produce fire to the making of metal works, man has struggled to tame technology or machine, if you please. The invention of the computer only served to bring the battle closer home. There has always been the fear that one day the computer (machines) would among other things, take jobs, change the world and maybe even take over the world and rule man. This fear has persisted. A deep and often unspoken fear is that the end is near when machines begin to think.…
By Collins Nweze Capital is crucial in driving sustainable Small and Medium Enterprises’(SMEs’) growth and uplifting the economy. First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives. The bank says its support for SMEs is in line with the Central Bank of Nigeria’s directive on improved funding for SMEs to ensure economic growth and development. The economies of great nations thrive on the strength and performance of Small and Medium Enterprises (SMEs) seen as the engine of growth. For Nigeria, the Central Bank (CBN) defines SMEs as…
Several retail outlets in Lagos, especially Fuel filling stations and food vendors have in the last few days shunned the use of Point of Sales (PoS) machine for the payment of services rendered to customers with many of them citing network instability. But a check by ITPulse shows that the refusal to use PoS may not be unconnected with the Central Bank of Nigeria (CBN)’s stopping the collecting N50 Point of Sale (PoS) Stamp Duty fee from customers. In fact, a popular food vendor off Allen Avenue in Ikeja-Lagos posted a notice on the outlet, saying ‘Only Cash Payment, PoS…
