Telecommunications operators, mainly the Tier II players, have drawn the attention of the Federal Government to the increase in network operating expenses (OPEX) in Nigeria, which they claimed had increased by 85 per cent in the last 15 months.

Mr. Kruger Denis, is the Head, Sub-Sahara Africa, SWIFT (Society for Worldwide Interbank Financial Telecommunication), a global provider of secure messaging services.

Huawei Technologies Company Limited, buoyed by the Internet solutions successes so far recorded in Nigeria, said it would replicate similar solutions in all of Africa...

SWIFT is introducing a proof of concept (POC) to explore whether distributed ledger technology (DLT), also known as blockchain, can be used by banks to improve the reconciliation of their nostro databases in real time...

Despite biting economic challenges in the country, SWIFT, the owners of Real Time Gross Settlement (RTGS), said Nigeria is ranked seventh among its global footprint in transactions.