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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…

Posted on VN

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…

Posted on VN

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…

Posted on VN
Business Commerce and Industry e-Platform Telecoms

Nigeria’s demographics drive surge in digital infrastructure investment

Frank Okon Nigeria’s rapidly growing population and youthful demographics are emerging as major catalysts for investment in digital infrastructure, with industry experts increasingly describing the country’s data centre boom as a demographic story rather than simply a technology trend. As…

ALTON welcomes FCCPC’s suspension of DEON regulation

Association of Licensed Telecommunications Operators of Nigeria (ALTON) has welcomed the decision by the Federal Competition and Consumer Protection Commission (FCCPC) to suspend enforcement of the controversial Digital, Electronic, Online, or Non-traditional Consumer Lending (DEON) regulations against mobile network operators…

Posted on VN

Confusion, as MNOs resume data, airtime borrowing offers to Nigerians

Barely weeks after the Federal Competition and Consumer Protection Commission (FCCPC) had ordered Mobile Network Operators (MNOs) in the country to discontinue their airtime and data borrowing offers to customers nationwide, checks by the Oracle Intelligence, Friday, showed that two…

Posted on VN

Nigeria to review telcomms Act 2003, as NCC kicks off workshop on proposed National Telecommunications Policy 2026

Nigeria has approved processes for the review of the Nigerian Communications Act 2003, just as the Nigerian Communications Commission (NCC) has kicked off discourse on the proposed National Telecommunications Policy 2026. It would be recalled that the NCC had approached…

Posted on VN

Court grants eNaira exclusive ownership rights to CBN

Following months of controversies over rights control, the Federal High Court sitting in Abuja, has granted the Central Bank of Nigeria (CBN) full ownership of the eNaira digital currency platform. It would be recalled that the eNaira digital currency platform was…

Posted on VN

FG to commission digital switch over project, June 17

Federal Government, through the Minister of Information and National Orientation, Mohammed Idris, has announced that Nigeria’s long-awaited Digital Switch Over (DSO) project is now fully ready for nationwide launch, describing it as a major milestone in President Bola Ahmed Tinubu’s…

Business Capital Market Commerce and Industry e-Platform Economy Electric power Energy

Dangote’s East Africa Refinery, 20,000MW power plans signal continental expansion

Ziggy Ojiegbe Plans by Nigerian industrialist Aliko Dangote to replicate his $20 billion Lagos refinery complex in East Africa emerged as one of the defining announcements at the just concluded Africa Forward Summit hosted by the governments of Kenya and…