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NITDA lauds Google, X, others for adhering to code of practice

The National Information Technology Development Agency (NITDA) has commended Google, X, Microsoft, and TikTok for their compliance with the Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries. The Code which was issued jointly by the Nigerian Communications Commission (NCC), National Broadcasting Commission (NBC), and NITDA outlines clear guidelines for promoting online safety and managing…

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Airtel Nigeria gets new CEO

Airtel Africa has announced the appointment of Dinesh Balsingh as the Managing Director and Chief Executive Officer of Airtel Nigeria, effective November 1, 2024.  By this appointment, Balsingh also became a member of the Executive Council for the Airtel Africa Group. He takes over from Carl Cruz, who returned to his home country, The Philippines,…

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Starlink suspends residential kits sale pending NCC’s price hike approval

Elon Musk’s Starlink has suspended fresh orders for its residential kits across Nigeria, saying the suspension would be lifted after securing approval from the Nigerian Communications Commission (NCC) for price hike. The company, however, allows orders for its high-end Business Plan, in which it is allowed to charge N159,000 for a monthly subscription compared with…

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Globacom hires former MTN Nigeria CEO, Farroukh to lead transformation

Nigeria’s leading telecommunications provider, Globacom, has appointed telecom veteran Ahmad Farroukh as its new Chief Executive Officer. This leadership change aims to strengthen the company’s corporate governance and operational performance, aligning with the Nigerian Communications Commission’s (NCC) recent drive for improved governance standards within the telecom industry. Farroukh’s extensive experience in African telecommunications positions him…

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Data breaches, banking deficiencies worry CJN as NCC prepares judges for Presidential Order

The Chief Justice of Nigeria, Hon. Justice K.M.O. Kekere-Ekun, has identified increased risk of the personal data of consumers being misused or compromised by unscrupulous persons and deficiencies in the banking sector as issues worth addressing as they have to do with cyber security. Meanwhile, the Nigerian Communications Commission (NCC) has started training members of…

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Google’s, others’ $110m cash pushes Moniepoint into ‘unicorn club’

Nigeria based fintech Moniepoint has raised $110 million in new funding from investors including Google to scale up digital payments and banking solutions across Africa, the company has said. Sources close to the transaction said the new funding valued Moniepoint above $1 billion, giving it “unicorn” status – a term for privately-owned business valued at…

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