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Glo missing as NCC qualifies MTN, Airtel, new firm for 5G auction
- December 3, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
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Globacom and Emerging Markets Telecommunication Service Limited are set to miss out on the deployment of Fifth Generation network for at least two years as the Nigerian Communications Commission qualifies MTN Nigeria Plc, Airtel Networks Limited and one new player for its 5G auction. The NCC announced on Thursday only three qualified bidders met its
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eNaira: CBN plans app for persons without bank accounts
- November 2, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank accounts will be rolling out soon.He said the present version of the eNaira app could only be used by people with bank accounts. Bitt Inc. is the Central Bank of Nigeria’s technical partner for the digital currency,
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Okonjo-Iweala’s son, Uchechi, breaks medical record in the US
- October 28, 2021
- Posted by: admin
- Category: Digital Economy, Health, Latest News
Dr. Uchechi Iweala, son of the Director-General of the World Trade Organisation, Ngozi Okonji-Iweala, has broken a medical record in Maryland, United States. On Thursday, the WTO boss announced that her son was one of the first spinal surgeons in Maryland to perform a successful navigated lumbar spinal fusion using a robot. The proud mother
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eNaira: 33 banks join platform as CBN mints 500m, transactions free of charges for 90 days
- October 25, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said 33 Nigerian banks have joined the eNaira platform and it has minted N500 million worth of digital currency, even as the apex bank informed that all transactions conducted on these platforms, will be free for 90 days. Ememfiele said this at a ceremony
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FG to launch eNaira Monday, says CBN
- October 23, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
President, Muhammadu Buhari will officially launch the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday, at the State House, Abuja. The Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a statement on Saturday titled ‘President Buhari to unveil eNaira on Monday, 25 October 2021.’ It stated that the launch of the
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N5.9b Debt: FG orders demolition of Globacom masts nationwide
- October 16, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News, Marine & Aviation
The Presidency is reportedly set to demolish masts belonging to Globacom Limited across the country for failure to pay N5.9 billion renewal fees for height clearance to its agency. The Presidency had already sent a memo to some of its appendage agencies including the Nigerian Civil Aviation Authority (NCAA) to recover debts and other government
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Five banks fined N1.4bn for forex infractions, others
- September 22, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, Security Exchange Council and Financial Reporting Council of Nigeria, in the first half of the year. The banks are the United Bank of Africa, Fidelity Bank, Access Bank, Guarantee Trust Bank and
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5G: Senate imposes N350bn revenue target on NCC
- September 12, 2021
- Posted by: admin
- Category: Digital Economy, Latest News
The Senate has asked the Nigerian Communications Commission to take the advantage of the National Policy for Fifth Generation network, to generate N350bn for the Federal Government in the 2022 fiscal year. This was the verdict of the Senate joint committees working on the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper, when the
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Nigerians in Diaspora urge FG to make passport application process easier
- September 12, 2021
- Posted by: admin
- Category: Digital Economy, Latest News, Marine & Aviation, Tourism
Nigerians in Diaspora (NIDO) Americas has reportedly stressed the need for the Federal Government to streamline the passport application process, to tackle the issue of fake web registration. The Chairman of NIDO-Americas, Obed Monago, made the suggestion in a telephone interview with the News Agency of Nigeria (NAN) on Saturday night. He spoke on the
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Foreigners to activate SIMs every six months, says NCC
- September 10, 2021
- Posted by: admin
- Category: Digital Economy
Foreigners exempted from enrolling for the National Identity Number (NIN) will have to request for Subscriber Identity Module (SIM) card activation every six months up to a period of two years. The Nigerian Communications Commission reportedly disclosed this in its new draft for ‘Business Rules and Operational Processes for Implementation of the National Policy for