Monday, November 12, 2018

Tag "Umar Danbatta"

    NCC: Telecoms sector lost N1.06trn to call masking in two years

NCC: Telecoms sector lost N1.06trn to call masking in two years

The Nigerian Communications Commission (NCC) says the telecoms industry has lost N1.06 trillion to call masking, call refiling and SIM boxing in two years.Umar Danbatta, the commission's executive vice chairman, made this known on Thursday at the 85th edition of the Telecoms Consumer Parliament which held in Lagos.Danbatta, who was represented by Felicia Onwuegbuchulam, director, consumer affairs bureau at NCC, [...]

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    Danbatta: $100m debt delaying 9mobile takeover

Danbatta: $100m debt delaying 9mobile takeover

Umar Garba Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC), says a $100 million debt is part of the things delaying the handing over of 9mobile to Teleology.Speaking on the sidelines of the ITU Telecom World 2018 conference holding in Durban, South Africa, Danbatta said the debt is outside the $1.2 billion owed to 13 banks.According to the [...]

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    NCC: MTN must complete NSE listing by May 2019

NCC: MTN must complete NSE listing by May 2019

The Nigerian Communications Commission (NCC) says MTN, a telecommunications company, must complete its listing on the Nigerian Stock Exchange by May 2019.Speaking during an interactive session with journalists on Wednesday, Umar Danbatta, NCC executive vice chairman, said the commission is conducting fresh due diligence on Teleology, the preferred bidder for 9mobile.A listing on the stock exchange had been one of [...]

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    NCC, NLRC sign MoU to regulate lotteries hosted by telcos

NCC, NLRC sign MoU to regulate lotteries hosted by telcos

The Nigeria Communications Commission (NCC) has signed a memorandum of understanding (MoU) with the National Lottery Regulatory Commission (NLRC) to improve the operations of lottery services.The commissions are seeking to ensure that the telecommunications operators have the capacity to provide credible lottery services.Umar Danbatta, executive vice-chairman of the NCC, explained that the hosting of lotteries by telecommunications operators may degrade their quality of service which is [...]

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    NCC: We can bridge rural telecommunication access gaps in four years

NCC: We can bridge rural telecommunication access gaps in four years

The Nigerian Communications Commission (NCC) says with the technology it is deploying in rural areas, it will be able to bridge the communication access gaps in the country in four years.Over 37 million Nigerians are said to have poor access to telecommunication infrastructure.Speaking with journalists at 84th edition of Telecom Consumer Parliament (TCP) in Abuja, Umar Danbatta, executive vice-chairman of [...]

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    Airtel, 9mobile oppose transfer of Visafone’s spectrum to MTN

Airtel, 9mobile oppose transfer of Visafone’s spectrum to MTN

Airtel and 9mobile, mobile network operators in the country, have opposed the transfer of an 800MHz from Visafone Communications to MTN Nigeria.Speaking in Abuja on Monday at a public inquiry organised by the Nigerian Communications Commission (NCC), representatives of the operators said transferring the spectrum to MTN could result in a monopoly.Chidozie Arinze, 9mobile's head of regulatory affairs, said spectrum [...]

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    NCC sets July deadline for N165bn interconnect debt settlement

NCC sets July deadline for N165bn interconnect debt settlement

Umar Danbatta, the executive vice chairman, Nigerian Communications Commission (NCC), says telecommunications companies have agreed to settle the N165 billion interconnect debt owed to each other.Danbatta made this known when Olusola Teniola, president of the Association of Telecommunications Companies of Nigeria (ATCON), visited the NCC headquarters in Abuja.Interconnect debt arises when an operator fails to settle the cost of termination [...]

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    ICYMI: NCC says mobile networks must not auto renew your data subscription

ICYMI: NCC says mobile networks must not auto renew your data subscription

The Nigerian Communications Commission (NCC) says all telecommunications service providers in the country must automatically renew data packages without the subscriber's consent.NCC said non-adherence to this would result in a N5 million fine.Umar Danbatta, executive vice chairman of Nigerian Communications Commission (NCC), made this known at the first edition of the NCC Consumer Conversations in Karu, Nasarawa.Helen Obi, director of Northern operations [...]

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    CBN targets cashless policy with new NCC agreement

CBN targets cashless policy with new NCC agreement

The Nigerian Communication Commission (NCC) and the Central Bank of Nigeria (CBN) on Tuesday signed a memorandum of understanding (MoU) on mobile money payment system.Speaking at the ceremony in Abuja, Umar Danbatta, NCC's executive vice chairman, said the signing of the MoU is a landmark in the digital transformation process that the commission is mandated to do by the act [...]

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    Call tariff may rise as NCC plans new interconnect rate for telecoms

Call tariff may rise as NCC plans new interconnect rate for telecoms

The Nigerian Communications Commission (NCC) says it will announce and begin the implementation of a new interconnect rate for telecommunications companies on March 1.The commission said this was necessary because the 2013 interconnect rate expired in 2016 and the industry had been using an interim interconnect rate of N24.40 kobo per minute for inbound international traffic.Interconnect rate is the benchmark [...]

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    NCC: We need 120,000km optic fiber network but only 38,000km has been covered

NCC: We need 120,000km optic fiber network but only 38,000km has been covered

The Nigerian Communications Commission (NCC) says Nigeria needs over 120,000 kilometres of metropolitan fibre networks interconnected across the country to achieve its goal of pervasive broadband penetration.Umar Danbatta, executive vice chairman of the commission, who disclosed this in Abuja, said only 38,000 kilometres had been covered so far.He also called for the implementation of harmonised right of way (RoW) charges.He [...]

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    NCC asks telcos to give customers 14-day grace period for data usage

NCC asks telcos to give customers 14-day grace period for data usage

Umar Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC), says all telecommunications operators must give customers a 14-day grace period to exhaust their remaining data after 30 days.The monthly data subscription of all the telecommunication operators in the country gives customers a 30-day period to exhaust their subscription or roll-over unused data by subscribing for another 30 data [...]

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    Role of social media in economic, political and social development of Nigeria

Role of social media in economic, political and social development of Nigeria

It is my privilege and honour to give the give the keynote speech at the maiden edition of CKN News Annual Lecture which thematic focus requires us to reflect on the role of the social media in the social, economic and political development of Nigeria.As a global phenomenon and platform for knowledge, information and person to group communications, the social [...]

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    NCC: Over 16 million Nigerians are on Facebook — highest in Africa

NCC: Over 16 million Nigerians are on Facebook — highest in Africa

Nigeria's 16 million Facebook users represents the highest in Africa, says Umar Danbatta, vice chairman of Nigerian Communications Commission (NCC).Danbatta said this in a keynote address at the maiden lecture of CKN News in Lagos, where he spoke on the role of social media in the economic, political and social development of Nigeria.Describing social media as the marketplace of creativity and [...]

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    Telecom consumers deserve quality experience, says NCC

Telecom consumers deserve quality experience, says NCC

Umar Danbatta, executive vice-chairman of the Nigerian Communications Commission (NCC), says his agency is doing its best to ensure that telecommunication consumers get good service.Speaking in Lagos at the flag off of NCC 2017 year of the Nigerian telecom consumer, Danbatta said consumers have made possible all the success stories in the sector."Today’s event emphasizes the position of Lagos state [...]

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    Danbatta: Nigeria needs 80,000 masts to join the ‘smart world’

Danbatta: Nigeria needs 80,000 masts to join the ‘smart world’

The Nigerian Communications Commission (NCC) says between 70,000 and 80,000 transceiver masts are needed for effective service delivery.Umar Danbatta, executive vice chairman of the commission, said this on Thursday when he appeared before an ad hoc committee of the house representatives.Danbatta said the provision of those equipment will enable Nigeria actualise its dream of joining the club of countries enjoying [...]

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Exchange Rates

November 9, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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