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    Two Senior Executives at Binance Detained in Nigeria

    March 1, 2024 - By 

    Two senior executives at Binance, the world’s largest exchange have been detained in Nigeria, per a Financial Times report. Citing people familiar with the matter, the report says the executives flew to Nigeria following the country’s decision to ban several cryptocurrency trading websites last week. However, they have been detained by the office of Nigeria’s national security adviser and their passports have been seized. Additionally, we can confirm that the Binance peer-to-peer (P2P) marketplace has been deactivated in Nigeria. Also, the NGN trading pair on the world’s largest exchange has been disabled. Recall that yesterday, we reported that the Central…

  • NCC
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    NCC Directs to Block SIMs Without NIN

    March 1, 2024 - By 

    The Nigerian Communications Commission (NCC) has restated its instruction to telecom operators, emphasizing the necessity to block sim cards of telephone subscribers who haven’t linked their National Identification Numbers (NINs) by February 28, 2024. Dr Aminu Maida, Executive Vice Chairman of the NCC, addressed this matter during the ongoing 45th Kaduna International Trade Fair. Represented by Mr. Reuben Mouka, NCC’s Director of Public Affairs, Maida stressed the imperative of linking NINs to SIMs for critical national security. He reiterated the February 28th deadline for operators to bar subscribers failing to comply with the directive. “To this end, the National Communication…

  • Stark VPN File for MTN 0.00 Cheat
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    MTN Blames Fibre Cuts For Network Downtime

    March 1, 2024 - By 

    Leading Nigerian telco company, MTN Nigeria has blamed fibre cuts for the recent difficulty in making calls and data usage that customers are currently experiencing across the country. The South African-owned company is the largest telecoms provider in Nigeria. The outage made it difficult for subscribers to make calls or access data-enabled services for about six hours. According to a tweet by the company, the prolonged downtime experienced by users on the network has been caused by multiple fibre cuts and its engineers are working assiduously to restore normal services. There has been an outcry by numerous users on popular…

  • NCC
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    Telecoms Unionists Wants USP Fund Investigated

    October 28, 2023 - By 

    Unionists in the telecoms industry under the aegis of The Association of Telecommunications, Information Technology, Cable Satellite Network Operators and Allied Services Employers of Nigeria (ATICEN) have emphasised the need to investigate the fund established for the provision of telecoms in- frasture in the rural areas across the country. They called on President Bola Ahmed Tinubu as well as the National Assembly to critically investigate the utilisation of the Fund. They insisted that the immediate past Minister of Communications and Digital Economy, Prof. Isa Pantami, as well as a former Executive Vice Chairman (EVC)/CEO of the Nigerian Communications Commission, Prof.…

  • MTN, 9mobile, Glo And Airtel
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    Data Subscriptions marginally to 220.71 million

    October 26, 2023 - By 

    Based on new industry data from the Nigerian Communications Commission (NCC), Nigeria’s active mobile subscriptions decreased marginally by 0.07% to 220.71 million in August 2023 compared with 220.86 million in July 2023. This indicates that the country’s mobile subscriptions decreased by 145,026 in August. This decline follows a modest uptick in July following four consecutive declines; 0.5% in June, 1% in May and April, and 0.4% in March. A 335,744 decrease in the number of MTN subscribers, the largest operator by subscriber number, dragged down the overall industry numbers. This brought MTN’s total active subscriptions down to 85 million from…

  • NCC
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    Do You Know There are Laws That Govern Telecommunication Sector?

    May 6, 2023 - By 

    The Nigerian telecommunications sector has become an area of priority to the government of Nigeria as it is a key driver of digital economic growth. The sector accounted for 15% of Nigeria’s real GDP in the second quarter of 2022. For the full year of 2021, the sector accounted for 12.6% of the economy Just like every other sector, the telecom sector is also regulated. It Is primarily regulated by the Nigerian Communications Act (NCA) 2003. According to the NCC, telecoms is one of the sectors whose performance lifted the country out of recession in the fourth quarter of 2020…

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    NCC: Mobile virtual operators’ licence framework still coming

    January 30, 2021 - By 

    NCC: Mobile virtual operators’ licence framework still coming (NCC) The Nigerian Communications Commission says it has yet to conclude licence framework that will open telecoms market for the launch of Mobile Virtual Network Operators (MVNO).   Dr Ikechukwu Adinde, NCC Director of Public Affairs, made this known in a statement on Friday in Abuja. The commission was reacting to an online report which stated that the organisation had concluded work on the licensing. It categorically stated that such report was untrue, speculative, unfounded and should be disregarded in its entirety by members of the public. “The MVNO licence framework, an…