ABUJA COURT DISMISSES SUIT SEEKING TO REVOKE MTN LICENCE AN PAY 1.04 TRILLION NAIRA FINE

Ade Adesomoju, Abuja The Federal High Court in Abuja, on Friday, dismissed a suit seeking an order revoking the operating licence of the telecommunication company, MTN Nigeria Communications Limited, and another compelling it to pay to the Federal Government the total sum of N1.040trn imposed on it by the  Nigerian Communications Commission as fine in 2015. The N1.04trn fine was imposed on MTN for allegedly violating section 146(1) and (2) of the Nigeria Communications Act and sections 20(1) and (2) of the NCC (Registration of Telephone Subscribers) Regulations 2011, by…

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9MOBILE SALE TO BE CONCLUDED IN 6 MONTHS

A recent report by Renaissance Capital research team has indicated that big-ticket loans and weakness in the risk management framework were the cause of pressure on the Non-Performing Loan (NPL) books of banks in the country. Data from the CBN shows that sector NPLs are yet to peak, with the NPL ratio increasing to 15.2% in May 2017, from 13.6% in February 2017. FBNH reported an NPL ratio of 22% in 1H17, down from 26% in FY16. Similarly, Ecobank Nigeria’s NPL ratio of 8.9% in 1H17 came in marginally lower…

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INCREDIBLE: ONLY YOUR FACE WOULD UNLOCK NEWLY LAUNCHED APPLE IPHONE X

APPLE’s newly launched smart  phone Apple X is making a clear innovative statement. Apparently, the device maker’s focus is to continually remain on top despite stiff competition. That is where innovation is key and Apple showed its stuff with the exclusive facial recognition technology feature in the new device. Usually Apple’s devices spot fingerprint, facial recognition, password and other unlocking methods. Now, the device maker has done away with others and makes the unlocking system of its new beaut exclusively facial recognition. Speaking during the on stage presentation at the…

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TELECOMS COMPANIES LOSE 4 MIL SUBSCRIBERS IN ONE MONTH

• Service providers growth contracts as teledensity falls to 99% Although the telecommunications sector added about N1.5trillion to Nigeria’s economy in the second quarter (Q2), but growth of the service providers however contracted. Checks by The Guardian showed that the number of active telephone lines plummeted by four million between June and July. Subscriptions to telephone services fell from 143 million in June to 139 million in July. The four million drop in active telephone subscriptions increased inactive lines to 16 million in seven months. As expected, the continuous fall…

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SUBSTANDARD PHONES CAUSE OF CANCER AILMENT SAYS NCC

The Nigerian Communications Commission on Thursday warned Nigerians against use of   substandard phones, saying this was responsible for some cancer ailments. An official of the commission, Mr  Kunle Olorundare, gave the warning at a stakeholders workshop organised by the Ibadan Zonal office of NCC at the popular Fayose GSM Market in Ado Ekiti. Olorundare lamented that fake phones had taken over the country’s phone market, adding that they have had  negative implications on the health of users. The NCC official  also identified unapproved phones as a major cause of network interruptions. He said…

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TELECOMS OPERATORS DEMAND 100 PER CENT INCREASE IN DATA AND CALL TARIFFS

The telecom subscribers in the country will pay more for telecom services if the industry regulator accedes to telecom operators’ demand for 100% increase in prices of data and voice calls, Daily Trust has learnt. Several sources within the Nigerian Communications Commission (NCC) and from within the industry have told our reporter of the fresh move to review call and data tariffs upward by about 100 per cent. An NCC official, who spoke to Daily Trust on condition of anonymity because he has not been cleared to speak on the…

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GLO SHUT DOWN IN ONDO OVER UNPAID SALARIES

The subscribers of the Glo mobile network in four local government areas of Ondo State have been unable to use the network for the past two weeks as the 33 stations in the areas have been shut down by the security men manning them. The affected four local government areas are: 1. Akoko North-East 2. Akoko North-West 3. Akoko South-East 4. Akoko South-West Local Governments According to reports, the guards were said to have taken the action in protest against the telecom giants following non-payment of their salaries for the…

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COMPUTER VILLAGE ADDS 1.5BILLION TO NIGERIA’S ECONOMY DAILY – NCC BOSS

Nigeria’s Computer Village, adjudged the largest Information and Communications Technology (ICT) accessory market in Africa, contributes about N1.5 billion to the country’s economy daily. The Nigerian Communications Commission (NCC) Executive Vice Chairman, Prof. Umaru Danbatta, gave the figure, while being hosted by the Computer and Allied Products Dealers Association of Nigeria (CAPDAN), the leadership of the market in Lagos, yesterday. Danbatta, who added that the contributions of the market to the economy since the telecommunications revolution began some 16 years back, was now around $32 billion, however, informed that the…

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TELECOMMS OPERATORS BEG NCC TO BLOCK WHATSAPP, SKYPE, FACEBOOK AND OTHER CHATS

Nowadays, only few people make international calls due to the presence of Over-the-top (OTT) plays like Whatsapp, Skype, Wechat, Facebook, Viber and IMO. This caused a global revenue loss of $386 billion, from 2012 to 2018 for the telecoms operators. Hence, MTN, Airtel, GLO and 9Mobile are lamenting, urging the Nigerian Communications Commission (NCC) to intervene and stop OTT services . In opposition to this, I suggest that OTT plays should be left alone, because we users buy data from the Telcos to access services like WhatsApp, Skype, etc. While…

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EXCLUSIVE: HOW EL RUFAI AND BELLO OSAGIE KILLED ETISALAT

As Nigerians begin to adjust to the new name in the telecommunications sector 9 Mobile, LeadersNG have exclusively gathered that the former telecommunications company Etisalat which handed over its assets to 9 Mobile recently was run down by its biggest Share Holder and the Governor of Kaduna State, Mallam Nasir El Rufai and its former chairman Bello Osagie. LeadersNG gathered from inside sources in the former management of Etisalat that El Rufai and Bello Osagie took $20Bn illegally from the company for their personal use. A source in the Kaduna…

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