BY Martin Ekpeke The absence of an Interconnect settlement scheme, lack of monitoring mechanism for traffic exchange by operators and the fact that there is no service fee for clearinghouse services, have been identified as parts of the reason there is the rising interconnect debts of N165 billion in Nigeria’s telecom space. This was the conclusion of a telecommunications expert, Mr. Ikechukwu Nnamani, while making a presentation at the 2018 NIGERIA ICT IMPACT CEO FORUM, in Lagos last week. According to Nnamani, a situation where there is no Interconnect settlement scheme that will clearly define how traffic can be…
Author: ITPulse
Emerging Media, the organizer of the annual Nigeria Innovation Summit, has announced speakers for this year’s event scheduled to take place in Abuja in September. Announcing the speakers of the summit with the theme: ‘Building a Culture of Innovation in Nigeria for Sustainable Economic Growth’, the Chief Executive Officer of Emerging Media, Mr Kenneth Omeruo, said” We are excited to announce our first line up of speakers for this year’s summit in Abuja, these distinguished speakers are drawn from local and international organisations who are fostering economic development and playing key role in the global innovation ecosystem around the world…
United Bank for Africa Plc, (UBA) has added another feather to her cap with its recognition as the ‘Best Institution in Digital Banking’ across Africa at the prestigious Euromoney Awards in London recently. This adds further credence to the bank’s growing dominance in this space within the financial services institutions. The Euromoney Awards ceremony, which was held in July, 2018; covered over 20 global product categories, best-in-class awards in over 100 countries across the world; recognizing institutions that have demonstrated leadership, innovation and momentum in the markets in which they operate. Euromoney’s award recipients, were based on a riding…
Promoters of the Zone Tech Park located along the Gbagada Expressway in Lagos, has officially launched the hub, which many people described as a venture builder for start-ups that will ultimately turn great ideas into products and services. Speaking at the launch, Toro Orero, Chief Executive Officer of the Park, disclosed that so far $6.5million has been invested in the Zone Tech Park. According to him, the investment was majorly used to build the infrastructure and the environment needed to help African startups scale and compete globally. Zone tech Park, which is the brainchild of Workforce Group, will have…
By Kester Omu Deloitte’s latest country report has indicated that homegrown technology innovations, that are strategically designed to solve Nigeria’s unique challenges hold the key to unlocking the country’s untapped potential in industries outside the oil sector. The report titled ‘Invest in Nigeria’, noted that to achieve success in Nigeria, it is key to invest both time and effort to develop a long-term strategy that will allay the complexities of the market. That long term strategy is basically developing homegrown solutions that are designed by Nigerians and patronized by Nigerians. “Nigeria is a unique market that requires tailored solutions…
The General Manager of MDXi Data Centre, Mr. Gbenga Adegbiji has urged Africa’s leading content and application providers to take advantage of the growing edge Data Centre ecosystem to exchange traffic on the continent. Adegbiji, while making a presentation on the topic ‘Deploying at the Edge – Bringing content closer to West African eyeballs”, during the just concluded Data Centre Dynamics Conference in Johannesburg, South Africa, noted that taking advantage of the available Data Centre on the countinent, would significantly lower costs, improve performance of the existing content ecosystem and enable new technology use cases in Africa such as…
By Martin Ekpeke Nigeria’s biggest telecom operator, MTN Nigeria has dispelled media report that it is set to launch 5G service by 2020. MTN’s Public Relations Manager, Funso Aina, while responding to media report that quoted its Chief Transformation Officer, Mr. Bayo Adekanmbi to have said at the Nigeria ICT Impact CEO Forum in Lagos that MTN is set to launch 5G network in 2020, said though the network operator has severally spoken about the possibilities of exploring 5G, there was never a time it commits to delivering it by any timeline. “While it is true that we spoke…
Nigeria’s telecom house, Medallion Communications Limited, last week in Lagos carted home two awards from the Africa Digital Awards, organized by the ICTWatch Network. The two awards are ‘Information Communications Technology Enterprenuer of the Year 2018’, which goes to the Chief Executive Officer of the company, Mr. Ikechukwu Nnamani and the ‘Information Communications Technology ClearingHouse of the Year 2018’, which goes to Medallion Communications Limited. Receiving the awards on behalf of Medallion Communications Limited at the event that was done concurrently with the 2018 Nigeria ICT Impact CEO Forum at the Oriental Hotel, Mr. Nnamani said he is excited…
Whether your focus is connectivity infrastructure, disruptive technologies, digital services or ICT strategy, AfricaCom 2018 – 13 to 15 November at the CTICC in Cape Town, South Africa – will be the place to be to shape Africa’s digital future. AfricaCom in 2018, turns 21 and will be bigger and better than ever, taking into account the ever increasing influence of technology on everyday lives. As a result, several new features will be launched this year. As always though, the world’s largest Africa-focused technology, media and telecommunications (TMT) event, will offer visitors and delegates the prospect to discover and…
By Martin Ekpeke The Association of Telecom Companies of Nigeria (ATCON), last night unveiled a book it said x-rayed the Nigerian telecom/ICT sector and some personalities who have helped to grow the Nigerian telecom industry that is today worth $70 billion investment. Speaking at the unveiling, the President of ATCON, Olusola Teniola said the aim of publishing the book is to celebrate the industry, which is currently contributing 9 percent to Nigeria’s Gross Domestic Product. “The idea of publishing the book was solely conceived to celebrate individuals and corporate organizations that have contributed and still leading innovation and creativity…
