NCC writes CBN over forex for telecoms

Nigerian Communication Commission (NCC) said it had written to the Central Bank of Nigeria (CBN) to make foreign exchange available to the telecoms operating companies in the country. The Executive Vice Chairman (EVC) of NCC, Prof. Umar Danbatta disclosed this Monday in Abuja during an interactive session on Quality of Service delivery which NCC management […]

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Shareholders want telecoms, power firms on NSE list

Shareholders in the country’s equities market have asked the Federal Government to do everything within its reach to encourage telecommunications and power firms to list on the Nigerian Stock Exchange. They said citing the shallow nature of the Nigeria’s capital market, which is depicted by the poor capitalisation threshold. The shareholders warned that legislations and […]

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SIM registrations: FG threatens to sanction telecoms firms

THE Federal Government has threatened to sanction telecoms outfits operating in the country over alleged maltreatment to Nigerians, especially the women in the operators’ desperate bid to enforce compliance with the Nigerian Communications Commission’s directive on the registration of Subscriber Identity Module (SIM) in use. Minister of Communications, Mr. Adebayo Shittu, who stated this in […]

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‘Telecom firms should put security concern before profits’

TELECOM firms operating in Nigeria should not put their desire to make profits above security concerns, President Muhammadu Buhari said on Tuesday. Nigeria has been pushing telecom companies to verify the identity of their subscribers amid fears that unregistered SIM cards were being used by criminal gangs in a country facing an insurgency from Boko […]

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