Author: Gbenga OWOYEMI

Airtel Networks Limited (Airtel) has emerged as the sole bidder for the second 3.5GHz Spectrum auction by the Nigerian Communications Commission (NCC). Airtel’s emergence followed an announcement late Wednesday evening by the Nigerian Communications Commission (NCC) that only two companies expressed interest in the auction of the 3.5GHz Spectrum band by the close of business on Monday, December 5, 2022. The NCC named the two companies as Airtel Networks Limited (Airtel), and Standard Network & Connections Limited (Standard Network). The Commission said in a statement signed by Reuben Muoka, Director, Public Affairs at the NCC, that only Airtel out of…

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Chairman, Zinox Group, Leo Stan Ekeh has cautioned contemporary African entrepreneurs to guard against a rising wave of corporate blackmail, even as he disclosed that he has never met one Benjamin Joseph, a fellow Igbo and owner of Citadel Oracle Concepts, a small Ibadan-based retail firm. Benjamin Joseph has been in the news recently as standing prosecution for allegedly falsely accusing Mr. Ekeh and others as well as one of Ekeh’s companies of an N170m fraud. Ekeh made this submission while addressing participants at the end of his final virtual mentorship project for 2022 with the theme – The Last…

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The Nigerian Communications Commission (NCC) has denied reports in a section of the media, purporting that the Commission is developing a regulation to disqualify Nigerians below 18 years of age from getting Subscriber Identity Module (SIM). In a statement on Wednesday signed by NCC’s Director of Public Affairs (DPA), Dr. Ikechukwu Adinde, the Commission said that “For the avoidance of doubt, it wishes to categorically state that the said report is not only misleading and inaccurate; but misinformation and mischaracterisation of the proceedings of the Public Inquiry on the Reviewed/Draft Registration of Telephone Subscribers Regulations, which took place on Tuesday,…

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The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has explained that the regulatory instruments being reviewed by the Commission are vital to ensuring that the regulatory frameworks that pertain to SIM Registration and Replacement in the communications industry meet the demands of the digital age and also further enhance the flexibility of the Spectrum Trading regime. Danbatta, who added that the regulatory instruments were developed to address the challenges of the ever-evolving Communications Industry and to further strengthen the market structure, stated these in his welcome address at the Public Inquiry on Three Regulatory…

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In a bid to reaffirm its customer-centric focus, Smile Communications Nigeria, the multiple award-winning broadband services company, has introduced three new, exciting International SmileVoice ONLY call plans, expanding the reach of its popular SmileVoice service. The first among the variants is the 3-day validity plan that includes 23 minutes of talk time at the attractive price of only ₦200. The second is the 7-day validity plan at the cost of only ₦500 that includes 60 minutes of talk time. The third offer consists of a whopping 125 minutes talk time with 30 days validity at the cost of only ₦1,000.…

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9PSB, Nigeria’s very first payment service bank, and Flutterwave, Africa’s leading payments technology company, have entered into a partnership agreement that will help facilitate seamless financial services for Nigerians. The partnership seeks to create a seamless payment ecosystem by aggregating and simplifying transactions for banking agents, merchants, and consumers, according to a joint statement issued by the two companies. DigitalTimesNG understands that the partnership will also support the drive for economic growth through empowerment of the SME sector, entrepreneurs in FinTech and other industries, as well as contribute to the transformation of the informal sector to formal. Chief Executive Officer,…

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Nigeria’s Vice President, Prof. Yemi Osinbajo, has stressed the need for banks to invest in housing and electricity projects, noting in particular that the housing sector is a mainstay of unemployment reduction and output growth. Osinbajo, however, regretted that the banks were not doing enough in supporting the federal government’s efforts in the areas of housing and electricity as a result of poor funding. The Vice President spoke on Tuesday as a distinguished guest of honour at the 14th Annual Banking & Finance Conference themed: “Economic Recovery Inclusion And Transformation: The Role of Banking & Finance” and organised by the…

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