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ICT Tech

Robust FinTech critical for deepening financial inclusion in Nigeria – Maida 

Abuja, Nov. 2, 2023 – Dr Aminu Maida, the Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and unserved communities across the country. Maida made this known in his keynote address at the 2023 edition of the annual Nigeria Information Technology Reporters Association (NITRA) FinTech Forum which focused on, “Harnessing Nigeria’s Fintech Potential: Challenges and Opportunities” and took place in Lagos recently. The …

ICT Tech

NCC implementing strategies to achieve 70% broadband penetration  

Lagos, Nov. 2, 2023 – The Nigerian Communication Commission (NCC) has started implementing new strategies to meet the new target of 70 per cent broadband penetration in Nigeria by the year 2025. Aminu Maida, the Chief Executive of the NCC, said this at the just concluded 2023 Annual Conference of Nigeria Information Technology Reporters Association (NITRA) in Lagos. He said the new target was contained in the Nigerian National Broadband Plan 2020-2025 and the blueprint just released to facilitate the growth of the digital economy sector through technology. Maida said …

General News ICT

Solaris, Knownow, Specxs win NCC’s talent hunt

Abuja, Oct. 30, 2023 – Three companies out of 81 companies that contested at the Nigerian Communication Commission’s inspired technology innovation talent hunt competition shared the N30 million prize money equally.  Nine other shortlisted companies went home with N500,000 consolation prizes each.  Solaris GreenTech Hub, Knownow Africa Limited and Specxs Care Limited, came bright at the 2023 NCC’s Annual Hackathon Competition, adjudged by an independent Panel of Judges chaired by the President of Digital Bridge Institute (DBI), Prof. Mohammed Ajiya.  Solaris, whose team comprises Chiemela Anosike, Ineke Chinecherem and Onoh Chiemela, …

ICT

Solaris, Knownow, Specxs win NCC’s talent hunt

Abuja, Oct. 30, 2023 – Three companies out of 81 companies that contested at the Nigerian Communication Commission’s inspired technology innovation talent hunt competition shared the N30 million prize money equally.  Nine other shortlisted companies went home with N500,000 consolation prizes each.  Solaris GreenTech Hub, Knownow Africa Limited and Specxs Care Limited, came bright at the 2023 NCC’s Annual Hackathon Competition, adjudged by an independent Panel of Judges chaired by the President of Digital Bridge Institute (DBI), Prof. Mohammed Ajiya.  Solaris, whose team comprises Chiemela Anosike, Ineke Chinecherem and Onoh Chiemela, …

ICT Tech

NCC picks 3 winners in its 2023 Talent Hunt Research competition

Abuja, Oct. 27, 2023 – The Nigeria Communications Commission (NCC) has picked the three winners in its 2023 NCC 2023 Talent Hunt Research Through Hackathon competition. The three winners emerged from the three thematic focus in Blockchain Solution, Renewable Solution and Assistive Solution. In the Blockchain Solution category, Know-Now Limited, emerged winner with N10 million prize. In the Renwable Energy Solutions category, Solaris GreenTech Hub, emerged the winner with N10 million prize. In the Assistive Technology Solutions category, Spex Care Limited, emerged the with N10 million prize. The remaining nine …

ICT

MTN chief advises states to create ICT parks

Abuja, Oct. 26, 2023 Karl Toriola, the Chief Executive of MTN Nigeria, has advised states to create ICT parks to enable residents to acquire digital skills and attract investments. He gave the advice in Abuja at the 29th Nigerian Economic Summit with the theme “Pathways for Sustainable Economic Transformation and Inclusion. Toriola said the creation of ICT parks would be a veritable source of revenue to the states as there were a whole lot of opportunities that could be tapped from the telecommunication industry.  “For us, we think there are …

ICT Internet Tech

ISSAN Roundtable: Stakeholders make case for “Nigerian Identity System”

Lagos, Oct. 26, 2023 – As the world marks Cybersecurity Awareness Month, stakeholders in the Nigerian cyber space have made a strong case for an Integrated Identity Management System to be called ‘’The Nigerian Identity System”. They said the system should be a platform whereby international passport, phone number, BVN belonging to one individual are grafted onto one composite interconnected file to easily detect and track perpetrators of cybercrime. They also called for regular update of regulatory guidelines and improved collaboration between the financial sector regulators, industry operators and Nigeria …

ICT

Nigeria admitted to Global Privacy Assembly

Abuja, Oct. 24, 2023 – Nigeria has been admitted to the Global Privacy Assembly (GPA) in recognition of its achievements in data privacy and protection Itunu Dosekun, Head of Media Unit of Nigeria data Protection Commission (NDPC), said this in a statement in Abuja on Tuesday. Dosekun said the Nigeria Data Protection Bill assented to by President Bola Ahmed Tinubu, was a major consideration in accrediting Nigeria as a member of the prestigious Assembly “Similarly, the establishment of the Nigeria Data Protection Commission under the Act as the independent data …

ICT

Maida promises to align NCC with Tinubu’s agenda on digital transformation

Abuja, Oct. 19, 2023 – Dr. Aminu Maida, the new Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), has promised to align the Commission’s focus to advance the nation’s digital transformation agenda.  He said this would be in line with the Renewed Hope Agenda of President Tinubu. Maida made the promise during his maiden meeting with the senior management staff of the Commission in Abuja. He said there was the need for the NCC to ensure that all Nigerians had access to affordable and reliable broadband services. Maida …

ICT Internet

Facebook owner Meta breaks privacy rules, Norway regulator tells court

Oslo, Aug. 23, 2023 – Meta Platforms is breaking European data privacy rules in Norway, the country’s data regulator told a court on Wednesday, in a case that could have wider European implications. Meta has been fined one million crowns ($94,145) per day since Aug. 14 for breaching users’ privacy by harvesting user data and using it to target advertising at them. So-called behavioural advertising is a business model common to Big Tech. The owner of Facebook and Instagram is seeking a temporary injunction against the order which imposes a daily fine for …