Union, MTN disagree over abuse of expatriate quota, unfair labour practices

Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) and MTN, Nigeria’s largest mobile telecom service provider, have disagreed over allegations of abuse of expatriate quota, unfair labour practices and discriminatory treatment of workers in the company. The association on Tuesday threatened to disrupt the services of MTN, from August 24, if their demands…

MainOne rues inclusion in NCC’s Accounting Separation Framework

MainOne said its inclusion as one of the six telecommunication companies expected to comply with the new Accounting Separation Framework (ASF) by the Nigerian Communications Commission (NCC) needs more clarification.    The company was in 2019 listed alongside MTN, Globacom, Airtel, EMTS (9Mobile), and IHS as the “top” six telecommunication companies that will be submitting…

We generate N3bn weekly from stamp duties – FIRS

The Federal Inland Revenue Service (FIRS) has been generating N3billion revenue weekly from stamp duty collections, FIRS Executive Chairman, Muhammad Nami stated this Tuesday at a meeting with House of Representatives Committee on Finance. The stamp duty revenue is generated from May 2020 to date from Deposit Money Banks (DMBs), Nami disclosed The meeting with…

FG Commissions eleven projects to aid digital Economy

The Federal government has commissioned eleven projects to aid implementation of digital Economy in the country. The projects were virtually commissioned by the President Muhammadu Buhari who was represented by by the Minister of Communication and Digital Economy, Issa Ali Pantami. Speaking at the commissioning of the projects in Abuja, Pantami noted that the 11…

Pantami commissions digital economy projects phase 2

Minister of Communications and Digital Economy, Dr Isa Ali Pantami will chair the commissioning of phase two of the recently completed projects for the digital economy sector. This was stated Monday   by the ministry in Abuja in a statement. Projects to be commissioned at the  event which holds  Tuesday include; Tertiary Institution Knowledge Centre (TIKC)…

‘Nigeria needs evolved regulation, governance to protect our national security data’

Esigie Aguele is the CEO and co-founder of VerifyMe Nigeria, a verification platform that enables seamless, real-time ID verifications backed by the Nigerian Identity Management Commission (NIMC), Central Bank of Nigeria (CBN), Bank Verification Number (BVN), and Federal Road Safety Commission (FRSC) Driver’s Licenses. In this exclusive interview with Jumoke Akiyode-Lawanson, he talks about the…

Bitcoin offers Nigerian diaspora new ways of remitting money home

Bitcoin is offering Nigerians in diaspora new ways sidestepping multiple exchange rates, high and sometimes hidden charges and the lack of interoperable platforms. Although the financial technologies (FINTECH) ecosystem has provided appreciable solutions, exchange rate arbitrage opportunities remain. Nigeria occupies a special place among the countries who suffer the most. Overseas Development Institute (ODI) had…

Twitter, TikTok discuss potential combination ― WSJ

Twitter is in preliminary discussions for a possible combination with TikTok, the Wall Street Journal reported Saturday after US President Donald Trump said he would ban the app, calling it a threat to national security. Trump declared Thursday that the popular Chinese video app TikTok and social network WeChat “threaten the national security, foreign policy,…