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Telcos: banks liable for stolen cash via mobile networks

Telcos: banks liable for stolen cash via mobile networks

Telcos said they are not liable for any cash stolen by fraudsters riding on their networks. Acting under the aegis of Association of Licensed Telecoms Companise of Nigeria (ALTON),  they advised bank cutomers to hold their banks responsible for any money lost to cyber crooks using mobile phones. Speaking in Lagos during the last Industry […] …

Telcos eye 90mfringe users

Telcos eye 90mfringe users

Nigeria’s global system for mobile communication (GSM) operators, Glo, 9Mobile, Airtel, MTN Nigeria, and Ntel, are planning to leverage their assets to deliver access to financial services to 90 million Nigerians over the next 30 months. They plan to achieve this feat through a combined mobile base station, integrated identity systems, and distribution network. AccordingRead More …

‘Why telcos should pay 0.005% cybercrime levy’

‘Why telcos should pay 0.005% cybercrime levy’

A professional group, Information Technology Security Professionals (ITSSP), a group within the Nigerian Computer Society (NCS), has said telcos must pay the 0.005 per cent levy specified in the Cybercrime (Prohibition, Prevention, etc) Act 2015 because the fund was designed to train the requisite man power to fight the scourge of cyber-criminals in the country.Read More
The post ‘Why telcos should pay 0.005% cybercrime levy’ appeared first on The Nation Nigeria. …

‘Telcos must pay 0.005% cybercrime levy’

‘Telcos must pay 0.005% cybercrime levy’

A professional group, Information Technology Security Professionals (ITSSP), a group within the Nigerian Computer Society (NCS), has said telcos must pay the 0.005 per cent levy specified in the Cybercrime (Prohibition, Prevention, etc) Act 2015 because the fund was designed to train the requisite man power to fight the scourge of cyber-criminals in the country.Read More
The post ‘Telcos must pay 0.005% cybercrime levy’ appeared first on The Nation Nigeria. …

Taxes, other charges killing us, say telcos

Taxes, other charges killing us, say telcos

Telecoms operators have lamented the crippling effect of multiple taxation, arbitrary charges and other challenges besetting the industry. The operators, acting under the aegis of Association of Telecoms Operators of Nigeria (ATCO), also lamented that the sector was left out in this year’s Appropriation Bill, which was assented to by President Muhammadu Buhari. Its President,Read More
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Council condemns transfer of operating cost of telecoms operators to consumers

Council condemns transfer of operating cost of telecoms operators to consumers

The Consumer Protection Council says telecom operators’ decision to transfer their operating cost to customers is unacceptable. The Director-General of CPC, Babatunde Irukera made this known at end of the E-Payment Providers Association of Nigeria workshop in Lagos on Sunday. According to Irukera, the 0.005 per cent directive imposed by Central Bank of Nigeria on […] …

NCC warns telcos against sharp practices

NCC warns telcos against sharp practices

The Nigerian Communications Commission (NCC) has warned telcos against practices that inflict pains on their subscribers. The regulator wants carriers including MTN, Globacom, Airtel and 9mobile to desist from cheating the about 150 million active subscribers in the country through their services. Speaking during the 37th edition of Consumer Town Hall Meeting (CTM) in Epe,Read More
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‘Why Telcos, DisCcos must embrace credit bureaux services’

Getting more people into the financial services net requires strategies, one of which is making credit accessible to people of all classes. Just as banks need information on borrowers, telecommunications companies also need subscribers’ credit data, especially for post-paid customers. That is where credit bureaux services come to play. CRC Credit Bureau Limited Managing Director/CEORead More
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