Tuesday, 30th May 2023
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Breaking News:


9 May
While there are ongoing conversations between the telecommunications operators and the banks at the regulatory level to find an amicable solution to the protracted crisis affecting the Unstructured Supplementary Service Data..
19 Apr
With calls on the National Information and Technology Development Agency (NITDA) to focus more on developmental issues, stakeholders in the sector have said that passing the pending NITDA Bill into law is a recipe that would engender regulatory and compliance..
8 Mar
Telecommunications operators have commenced the hamonisation of shortcodes across all networks. The announcement, which was made, yesterday in Lagos by the umbrella body, the Association of Licensed Telecoms Operators of Nigeria ...
6 Mar
Amid huge financial turnover recorded in the first three quarters of 2022 by banks in the country and claims of N100 billion investment in electronic channels, digital banking has remained very challenging for many Nigerians in the last few weeks since the introduction of the new cash policy.
4 Jan
The technology industry largely thrived in the year that just passed, contributing significantly to the country’s Gross Domestic Product (GDP) and remaining the backbone of the other sectors. In 2023, stakeholders have chart path to a more sustainable sector, with call for a truly independent telecoms regulator, amidst urgent need for the 218 million subscribers…
3 Jan
Telecommunications operators have activated and reactivated 4.3 million telephone lines as Nigeria’s teledensity leaped by 1.6 per cent in November 2022.
ATM withdrawal
30 Dec
As early as 7:45 a.m. Wednesday, banking premises around Lagos, the financial hub of the country, were jam-packed with customers waiting impatiently to register complaints of sundry failed transactions during the Christmas holidays.
12 Oct 2022
Telecommunications operators have, again, called on the Central Bank of Nigeria (CBN) to prioritise their access to foreign exchange (FX), especially as the illiquidity crisis worsens.
5 Oct 2022
Stakeholders in the country’s information and communications technology (ICT) sector have spoken of the need for Nigerians to brace up for the disruptions occasioned by the emergence of modern technologies...
30 Sep 2022
The row between Nigerian banks and telecommunications operators over the unstructured supplementary service data (USSD) debt seems to have resumed, as telcos disclosed, yesterday, that the debt has risen to N80 billion.
19 Aug 2022
Amidst energy crises currently ravaging almost the entire fabric of the economy, there appears to be some form of relief for telecoms operators expanding to rural areas.
15 Jun 2022
Like many democracies, Nigeria recently marked this year’s Democracy Day on June 12, a day that symbolises freedom from the oppressive rule of the military.


32 mins ago
NATO's Secretary General Jens Stoltenberg on Tuesday condemned attacks against the alliance's forces in Kosovo, after 30 of its peacekeepers were injured in clashes with ethnic Serb protesters.
39 mins ago
Dr Marcel Mbamalu, Publisher Prime Business Africa LAGOS, Nigeria, 30 May 2023 -/African Media Agency(AMA)/- Foremost publisher and media ace, Dr Marcel Mbamalu, has been nominated to participate in the 2023 Jefferson Fellowships. Dr. Mbamalu is the publisher and editor-in-chief of Prime Business Africa, which also happens to be the only media outfit selected from Nigeria and the…
39 mins ago
ASTANA, Kazakhstan, 29 May 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, has received in-principle approval by Kazakhstan’s Astana Financial Services Authority (AFSA). This latest approval highlights Bybit’s continued commitment to expanding its presence in emerging and dynamic markets. The in-principle approval subjects Bybit to pre-conditions leading to permanent authorization upon Bybit’s completion…
58 mins ago
President Bola Tinubu has ordered the Department of State Services (DSS) to vacate the office of the Economic and Financial Crimes Commission (EFCC) in Ikoyi, Lagos, immediately. Tinubu on Tuesday evening said if there were issues between the “two important agencies of government”, they would be resolved amicably. The President said this, according to a…
1 hour ago
The Trade Union Congress of Nigeria (TUC) has urged President Bola Ahmed Tinubu to treat the issue of subsidy removal with caution. In his inaugural speech at the Eagle Square in Abuja on Monday, Tinubu declared that the era of subsidy payment on fuel has ended. He added that the 2023 Budget made no provision…