By Favour Unukaso PAYMENT technology platform, Remita has revealed plans to extend its services to other African markets. Developed by SystemSpecs, which actually started as a payroll feature in an HR application has become a robust ecosystem, Remita currently processes over ₦60 trillion yearly in Nigeria. The Managing Director/CEO of Remita Payment...
Read MoreBy Favour Unukaso THE Nigerian Communications Commission (NCC) has mandated telecom licensees in Nigeria to inform consumers of major service outages on their networks through media channels, stating the cause(s) of the service interruption, and the area(s) affected by the service interruption/outage, as well as the time that would be taken to restore service....
Read MoreBy Favour Unukaso AFE Babalola University (ABUAD) has entered into a strategic partnership with New Horizons Nigeria to integrate Fourth Industrial Revolution (4IR) skill sets into its academic curriculum. This collaboration aims to empower ABUAD students with globally relevant competencies in Artificial Intelligence (AI), Internet of Things (IoT), Blockchain, 3D Technology, and the Metaverse,...
Read MoreBy Favour Unukaso THE protracted Unstructured Supplementary Service Data (USSD) debt imbroglio between the Deposit Money Banks (DMBs) and telecommunications operators appeared to have been totally resolved. This was confirmed by Chief Executive Officer of MTN Nigeria, Karl Toriola, Thursday, when he featured on AriseTV to speak on the firm’s first quarter 2025 result,...
Read MoreBy Favour Unukaso DEPOSIT Money Banks (DMBs) will from today, May 1, begin to charge N6 instead of N4 for SMS transaction done on customers’ account. Leading the charge, yesterday in a notice to its teeming customers, Guaranty Trust Bank (GTB) attributed the adjustment to a recent upward review in telecommunication rates by service...
Read MoreABOUT 1000 youths across Ogun state have been equipped with information and communications technology (ICT) skills to thrive in the digital economy. The training, which is organised by the senator representing Ogun West, Solomon Olamilekan, was in partnership with New Horizons Nigeria and targeted at ensuring that 1,000 youths are equipped with IT...
Read MoreBy Favour Unukaso MTN Nigeria has declared a profit after tax of N133.7 billion ($102.85 million) for the first quarter of 2025. The profit is the first in the last two years since 2023. In the unaudited Q1 2025 results, MTN showed a significant rebound from the ₦392.7 billion ($302.08 million) loss recorded...
Read MoreBy Favour Unukaso TELECOMMUNICATIONS operators have committed about $1 billion to the procurement of equipment to boost telephony service in Nigeria. This was revealed by the Executive Vice Chairman, Nigerian Communications Commission (NCC), Dr Aminu Maida in Lagos, Tuesday, at a Colloquium on a Legislative Agenda: The Nigerian Communications Act 2003 with the...
Read MoreBy Favour Unukaso TELECOM subscribers will soon be paying for the use of Unstructured Supplementary Service Data (USSD) with deductions from their airtime. Findings showed that talks are currently at advanced stages between the deposit money banks (DMBs) and telecommunications operators to introduce an end-user billing system. End-user billing refers to a...
Read MoreBy Favour Unukaso SOME 783 mobile operators in over 200 countries are on the journey to complete the deployment of the Fifth Generation (5G) network. This is even as 326 5G networks are currently life across the globe, according to the Global System for Mobile telecommunications Association (GSMA). The telecoms advocacy body also noted...
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