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May 5, 2021
While active MTN Mobile Money (MoMo) customers rose by 200 000 to 46.6 million. The MoMo value of transactions was up 86.6% year-on-year (YOY) to $53.2 billion (R764 billion). The company said the number of active merchants accepting MoMo payments doubled YoY to 521 000 while the total value of MoMo merchant payment (gross merchandise value – GMV) rose by 299.2% to $4.8 billion (R57 billion). In Nigeria, MTN said it added 54 000 agents to end the quarter with 449 146 registered MoMo agents. �...
April 22, 2021
The recent lifting of the ban on new SIM card by the federal government will ease communication, writes Emma Okonji Nigeria has a large population of telecoms subscribers, which reached over 200 million as at January 2021, with a teledensity of 104.89 per cent. The figure, which keeps rising on a weekly basis, has placed Nigeria as the country with the fastest growing telecoms market in Africa and the entire world. However, one unique feature about Nigerian subscribers is that each adult Nigeri...
February 23, 2021
Daily Post Nigeria Published Canada has issued a holiday security alert to its citizens planning to travel to Nigeria. The north-American country in the new security alert posted on its website warned its citizens that security is unpredictable in the country. It urged them to exercise a ‘high degree of caution” in Abuja, Calabar and Lagos State. The alert stated that, ”Avoid non-essential travel to Nigeria due to the unpredictable security situation throughout the country and the signifi...
February 23, 2021
“In line with the Federal Government desire to consolidate the achievement of the SIM Card registration exercise of September 2019, the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami), has directed the Nigerian Communications Commission (NCC) to embark on another audit of the Subscriber Registration Database again. “The objective of the audit exercise is to verify and ensure compliance by Mobile Network Operators with the set quality standards and re...
January 1, 2021
By Shaka Momodu I can visualise the Minister of Communications and Digital Economy, Isa Ali Ibrahim, also known as Sheikh Pantami, watching videos and photos of desperate clusters of people at various National Identity Management Commission (NIMC) centres across the country attempting to obtain the National Identity Number (NIN) and gleefully feeling good about himself. You know that satisfaction some derive when they inflict pain and misery on others? Yes. Let me stretch it just a bit further,...
December 31, 2020
Vanguard News FG lifts ban on replacement, activation of SIM On By Emmanuel Elebeke The Federal Government has lifted the earlier suspension order on replacement and activation of old Subscriber Identification Module (SIM) card. In a statement on Thursday, signed by the Director, Public Affairs at NCC, Dr Ikechukwu Adinde, the Commission said the lifting of the ban was on the condition that the person must have enrolled and obtained the National Identification Number (NIN)the National Identifi...
December 20, 2020
Pat Utomi Emma Okonji writes that the recent directives by the federal government compelling telecoms operators to suspend the sale and activation of new SIM cards and to within a two-week period, link all registered SIM cards to National Identification Number, is an onerous task as subscribes kick against the directives Nigerian telecoms subscribers with over 207 million active registered lines, last week, were taken by surprise when the federal government issued two directives, compelling te...
December 16, 2020
ON THE GO Nigeria has only three dollar-billionaires as Alakija drops off Forbes list Nigeria, Africa’s largest economy, has only three dollar-billionaires, according to Forbes 2021 world billionaires list released on Tuesday.Advertisement They are Aliko Dangote, chairman of Dangote group; Mike Adenuga, chairman of... MATTERS ARISING: Striking doctors receive N5,000 hazard allowance but senators get N1.2m for newspapers Did you know? A Nigerian doctor gets N5,000 as monthly ...
December 15, 2020
By Tue Dec 15 2020 The recent report of Nigerian streets and markets flooding with improperly registered Subscriber Identification Module (SIM) cards at a time of heightened security challenges in the country was awfully shocking to citizens. The report said SIM cards were freely sold to willing buyers, and with just N200 or less, customers including those with criminal intent got them easily from roadside vendors selling in vans or wheel borrows. The detailed report published by this newspaper...
December 14, 2020
Africa business in brief | issue 382 | 13 dec 2020 Coronavirus (COVID-19) Africa: Africa is better equipped to deal with a potential second wave of COVID-19, leveraging on measures adopted in tackling the pandemic’s initial adverse health effects, experts affirmed during a special session on the second day of the 2020 Africa Economic Conference. As the world gears up for new COVID-19 vaccines, the World Bank has unveiled a USD12-billion financing package to help developing countries procure t...