Author: Rommy Imah

Multiple taxation is responsible for making Nigeria an undesirable ground for breeding healthy business and competitive practices The Nigerian Communications Commission (NCC) has described multiple taxation as the factor responsible for business enterprises in Nigeria struggling to compete with their counterparts in other parts of the world. Multiple taxation has also made Nigeria an undesirable ground for breeding healthy business and competitive practices thus weakening the country’s economic foundations, devaluing the symbol of her economic strength (the currency), and contracting the nation’s Gross Domestic Product (GDP). The National Tax Policy 2017 defined Multiple Taxation as “the imposition of the same…

NITRA is an umbrella body for technology journalists in Nigeria The Nigeria Information Technology Reporters’ Association (NITRA), an umbrella body for journalists in the Information and Communications Technology (ICT) industry, has felicitated the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani over his appointment. In a letter to the Minister, the Chairman of NITRA, Mr. Chike Onwuegbuchi noted that the news of his appointment was a cheery one knowing his antecedent to deliver viable results in past endeavours. “We have followed your steps in the ICT industry and are assured that without doubt, this is another position that…

NDP Act GAID is to ensure smooth compliance procedures under the NDP Act 2023 The National Commissioner, Nigeria Data Protection Commission, Dr. Vincent Olatunji, on Monday, 4th September 2023 inaugurated the National Committee for Nigeria Data Protection Act General Application and Implementation Directive (NDP Act GAID).  NDP Act GAID is one in a continuum of vital, regulatory measures being taken by the Commission to ensure smooth compliance procedures under the Nigeria Data Protection Act 2023 The work of the Committee will, among others, address providence guidance on technical and organisational measures data controllers and data processors are expected to take…

Minister of Communications, Innovation and Digital Economy, Mr. Bosun Tijani has said that Data privacy is not just a matter of convenience, but a fundamental human right, and therefore, people should be careful about the data they generate and what it is being used for. Speaking recently at the opening ceremonies of a 2-day sensitization workshop organized by the Nigeria Data Protection Commission (NDPC) in Abuja, the minister said as the country embraces the digital age, personal and sensitive information of her citizens must be maintained under the eyes of confidentiality. Tijani said the government is committed to ensuring that…

Battle of the Brands offers shoppers and other bargain hunters a chance to enjoy the best deal As another edition of the popular Battle of the Brands goes live on Friday, September 1, 2023, Konga, Nigeria’s leading composite e-commerce giant, has lined up a star-studded collection of globally renowned brands for the campaign. Battle of the Brands, a much-anticipated campaign exclusive to Konga, offers shoppers and other bargain hunters a chance to enjoy the best deals and special offers from a variety of top brands across product categories. This year’s edition of the annual campaign features a strong cast of…

MonieWorx is the digital funding portal operated by Obelix 4.1.1 Alternative Finance Ltd. MonieWorx leads the securities-based regulation crowdfunding market in Nigeria MonieWorx made it possible for 7 SMEs to raise ₦260m in 7 days MonieWorx, a SEC-regulated crowdfunding marketplace operated by Obelix 4.1.1 Alternative Finance Ltd, a SEC-licensed Operator of regulated markets for investors and issuers of crowd securities, has closed its Encore Campaign, raising an impressive ₦260 million in just seven days. Analysts say this is a milestone achievement for MonieWorx, its investing and fundraising partners as well as the alternate finance marketplace. In its pioneer campaign six…

Telecoms Sector lifted the country out of recession in Q4 2020 Telecoms Sector is home to 2 of the most valuable listed companies in Nigeria Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has described the Nigerian Telecoms Sector as amongst the biggest contributors to the socio-economic growth of the country. He said this claim is evidenced by the numerous achievements of the sector including being instrumental in lifting the country out of recession with a 12.45% contribution to the GDP in Q4 2020, a figure that increased to 14.13% as of Q1 2023. Danbatta…

Sophos Incident Response Retainer Cuts Red-Tape Allows Sophos Incident Responders to Quickly Investigate and Remediate Active Attacks Sophos, a global leader in innovating and delivering cybersecurity as a service, Wednesday (August 30, 2023) announced its new Sophos Incident Response Retainer Sophos Incident Response Retainer provides organisations with speedy access to Sophos’ industry-first fixed-cost incident response service that includes 45 days of 24/7 Managed Detection and Response (MDR). The retainer cuts red tape, allowing Sophos incident responders to quickly jump into active cyberattacks to investigate and remediate them. External vulnerability scanning and critical preparedness guidance are also included in the retainer,…

Emergency Centres Will Continue To Provide Essential Emergency Response Services To The Nigerian Public The Emergency Communications Centres (ECC), now fully operational in a total of 27 State Capitals across the country, has so far provided employment for 1,200 Nigerian youths, while more will be employed as the additional 8 centres under different stages of completion become fully operational by 2024. The ECCs being implemented by the Nigerian Communications Commission (NCC), were built originally to provide essential emergency response services to the Nigerian public, and are reachable on Toll-Free Number 112, as well as operating in a similar design like…

Nigeria’s Telecommunications Industry Has Been On A Remarkable Growth Trajectory Nigeria Is 7th In Terms Of Global Mobile Phone Usage Ranked 11th On Global Internet Penetration Index Nigeria is ranked 11th globally in internet penetration, and 7th in terms of mobile phone usage thus making the country a telecommunications powerhouse, boasting 82% and 29% of the continent’s telecom subscribers and internet consumption, respectively. Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta who made this revelation, said that despite these remarkable metrics, the fact that the country’s Network Readiness Index (NRI) ranking for 2022 is 109th…