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NCC, CAC introduce new rules on share transfers, others, regarding ownership changes at telecoms firms
Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced a new compliance requirement for ownership changes which now mandates prior approval for significant ownership changes in telecommunications companies operating in Nigeria. The agencies announced the measure in a…
Telcos back CBN’s directive to banks, fintechs on localisation of payment data storage
Association of Licensed Telecommunications Operators of Nigeria (ALTON) has backed the Central Bank of Nigeria (CBN) over its directive to banks and fintechs to host payment transaction data locally. According to the operators, data sovereignty required countries to take responsibility for…
MTN makes over 80% of revenue in Nigeria, others — CEO, warns against continued xenophobic attacks in SA
MTN Group President/Chief Executive Officer, Mr. Ralph Mupita, has disclosed that the company draws over 80 per cent of its total revenue from Nigeria and other countries elsewhere, and only less than 20 per cent from South Africa itself. This…
Nigeria to launch 100-channel free TV service, as DSO kicks off
Nigeria is set to launch FreeTV on June 17, 2026, a national digital television platform aimed at expanding access to television services across Nigeria without monthly subscription costs. According to a post on its X handle by the Presidency, the initiative…
Broadcasters back hybrid digital model for Nigeria’s DSO programme
Industry stakeholders have backed the adoption of a hybrid digital broadcasting model that combines Digital Terrestrial Television (DTT), Direct-to-Home (DTH) satellite services, and digital application-based platforms for the soon-to-be launched Digital Switch Over (DSO) programme by Nigeria. This is part of…
NCC kicks-off telecoms pricing review with consultancy firm
Industry regulator, the Nigerian Communications Commission (NCC), working with consultancy firm KPMG, has begun a major review of the country’s telecommunications interconnection pricing system, marking the first comprehensive reassessment in nearly a decade. According to NCC, the exercise focuses on Mobile…
Store payment transaction data on local servers, CBN directs banks, fintechs, others
Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs), fintechs, and other payment service providers, operating in the country to begin storing their payment transaction data generated within the country on local servers, effective January 1, 2027. CBN…
CBN proposes FG adoption of eNaira for payment of salaries, pensions, welfare benefits
Federal Government is considering a Central Bank of Nigeria (CBN) proposal to commence paying civil servants’ salaries, pensions, social welfare benefits, in addition contractors via the eNaira platform in order to boost the adoption of Nigeria’s digital currency. The eNaira…
FCCPC denies FG directive approving 9 new airtime credit operators
Federal Competition and Consumer Protection Commission (FCCPC) has dismissed reports claiming federal government, through the agency, has approved the entry of nine new operators into Nigeria’s airtime credit market. It would be recalled that the Wireless Application Service Providers Association of…
Service providers accuse FCCPC of violating court order on enforcement of DEON regulation
Fresh from securing a High Court order restraining the Federal Competition and Consumer Protection Commission (FCCPC) from enforcing the controversial Digital Economy and Online Lending (DEON) Consumer Lending Regulations, the Wireless Application Service Providers Association of Nigeria (WASPAN) has accused the…
