The auction of the 3.5 GHz spectrum for the deployment of Fifth Generation (5G) technology in Nigeria, will take place on December 13, 2021, according to the Nigerian Communications Commission (NCC). In the Information Memorandum (IM) presented by the Commission at a stakeholder engagement forum organised on 5G spectrum in Lagos recently, NCC is adopting Ascending Clock Auction format, which is software-based while a mock auction has been slated for December 10, 2021, as a precursor to the actual auction on December 13, 2021. The IM provides information, conditions, obligations, financial implication, timelines and other necessary details on the planned…
Author: DigitalTimesNG
The Nigerian Communications Commission (NCC) has declared that it is irrevocably committed to boosting the nation’s digital economy through responsive regulations. The Executive Vice Chairman (EVC) of the Commission, Prof. Umar Garba Danbatta made this declaration at the Commission’s 2021 Annual Cybersecurity conference, organised in collaboration with the Office of the National Security Adviser (ONSA) which took place at the Transcorp Hilton Hotel, Abuja recently. The conference was themed “Building Trust in the Digital Economy through Cybersecurity and Sensitization on the Implementation of the National Cybersecurity Policy and Strategy (NCPS),” Danbatta who was represented by NCC’s Executive Commissioner, Stakeholder Management…
HMD Global, a leading mobile phone manufacturer, has unveiled Nokia T20, the first-ever tablet in the Nokia mobile stable. Nokia T20, an amazing device that offers users a suite of cutting-edge functionalities, was formally launched in the Nigerian market at a well-attended event held at Yudala Heights, Victoria Island, Lagos on Thursday, November 4, 2021. The Nokia T20 – a portable tool that Adetayo Obinaike, HMD Global Marketing Manager, West Africa, says is configured for users to love, trust and keep – comes with a powerful 8200 mAh battery, offering longer hours for work, play and learning. In addition, the…
By Uche NWAUKWA Today’s enterprise architects (EA) must evolve from tech-only shells. This article provides a highlight on emerging demands for the EA as 72% of organizations are either starting, restarting, or renewing their Enterprise Architecture efforts. Smart and collaborative enterprise architecture (SCEA) is an inclusive and innovative way to design and implement enterprise solutions. In order to build a more flexible and adaptive system that can respond to the quickly changing business environment, it takes a holistic strategy that accounts for the entire organisation, including personnel, systems, and technology. Using intelligent technology, including Machine Learning, and the Internet of…
MTN Group Limited has announced its intention to proceed with a public offer for the sale of up to 575 million shares in MTN Nigeria by way of a bookbuild to institutional investors and a fixed price to retail investors. In a statement on Thursday signed by the Company Secretary, Uto Ukpanah, the telecom giant said the Offer is anticipated to open in November 2021 with a bookbuild to institutional investors, after which a fixed price is expected to be announced for retail investors also in November 2021. The statement further revealed that the Offer is expected to close in…
African mobility fintech will offer versatile finance solutions to bridge the gap in truck financing for transporter companies and individual drivers
By Lere ABINUWA I have read and digested the very comprehensive independent submission made by e-Live consultant, Kelvin Mulungwe on the e-commerce race in Africa between Jumia and Konga. The submission is one I recommend for all young African entrepreneurs who want to mount the global stage as successful entrepreneurs. This is a very important investigation that basically shows why foreign entrepreneurs fail and what young Africans must do to create real business and not just hype. The Konga strategy is a masterstroke, and I am not surprised because of their place of birth and extensive experience of the local…
Microsoft has expanded its global payments relationship with Worldpay from FIS®, which allows Worldpay to provide online credit and debit card processing for Microsoft online storefronts including, Xbox, Microsoft Advertising, Microsoft Azure and other Microsoft brands in the Americas, Europe and Asia Pacific. Microsoft has been working with Worldpay in Latin America since 2014, and the expanded relationship will see Worldpay process online payments for the company globally. In addition to payment processing, Microsoft will make use of value-added services from Worldpay including Account Updater, which is meant to automatically ensure subscriber-based payment card credentials are always up to date for…
The Nigerian Communications Commission (NCC) is set to host a stakeholder engagement forum this week as part of activities lined up for the implementation of the Fifth Generation (5G) Technology Deployment Plan in the country. Dr. Ikechukwu Adinde, Director, Public Affairs of the NCC said in a statement on Tuesday that the forum will afford industry stakeholders the opportunity to discuss the draft Information Memorandum (IM) for the upcoming auction of the 3.5 gigahertz (GHz) spectrum band. Scheduled to hold at the Lagos Marriot Hotel, Ikeja, Lagos, Thursday, November 4, 2021, at 10:00 am prompt, the Commission has confirmed that…
Standard Bank has partnered with African fintech company Flutterwave to build digital payments solutions for the different markets the bank operates in. The two will collaborate to build e-commerce, card issuing, payments, collections, USSD, lending, and buy-now-pay-later capabilities for customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. The integration will help customers including individuals, SMEs, large companies, and institutions to fully leverage the power of digital payments and e-commerce to grow their businesses. “Today’s announcement is an important step in Standard Bank’s platform journey expanding from our leadership position in traditional financial services to meet clients…