Connect with us

Technology

CBN Gives Interswitch Payments Service Holding Company License

Published

on

Interswitch

By Aduragbemi Omiyale

A Payments Service Holding Company (PSHC) license has been granted to Interswitch Group by the Central Bank of Nigeria (CBN).

This followed an earlier announcement by the CBN regarding new licensing categories for participants in the Nigerian payments system.

The integrated payments solution provider is among the first to receive this authorisation from the country’s apex bank.

According to the regulator, the PSHC regulation requires companies with existing or prospective operations across multiple license categories to set up a PSHC. The activities of each of the PSHC subsidiaries operating within those respective licensing regimes are clearly delineated for clearer accountability, effective risk management and the enablement of better regulatory oversight by the CBN.

A statement from Interswitch, a leading financial technology in Africa, outlines that Interswitch’s Group Holding Company retains ownership of the PSHC in Nigeria as well as its other subsidiaries outside of Africa.

The issuance of the PSHC licence coincides with Interswitch’s 20th-anniversary commemoration, which has seen the company cement its position as a pioneering and integral enabler that has actively supported the growth and development of fintech and payments progressively across Africa over the last 20 years.

It also serves to reinforce Interswitch’s progressive outlook as a frontier-driving company which keeps pushing boundaries to facilitate the creation of new ecosystems that help businesses and individuals scale and thrive, in line with its purpose of inspiring Africa to greatness through innovation, value-creation and excellence.

“Twenty years ago, we placed a bet on the latent potential we saw in the introduction of e-payment channels at the time, particularly ATMs for the delivery of cash just-in-time, and today, we are gratified to see how far the financial technology and payment systems in Nigeria have grown.

“On the back of our receipt of this additional license, we remain strongly committed to a close partnership with the Central Bank of Nigeria to facilitate the delivery of the Payments Vision (2025) and, of course, the National Financial Inclusion Strategy,” the founder and Group CEO of Interswitch, Mr Mitchell Elegbe, remarked.

He further reiterates Interswitch’s resolute focus on its over-arching mission to continue championing technology solutions that connect and empower individuals, businesses, and communities across the continent.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

NCC to Block Fraudulent Mobile Lines Under New Telco Security Plan

Published

on

NCC International Termination Rate

By Adedapo Adesanya

The Nigerian Communications Commission (NCC) has proposed blocking mobile numbers linked to fraudulent activities across Nigeria, as part of efforts to strengthen digital security and restore public trust in the nation’s telecommunications ecosystem.

The Executive Vice Chairman of the Commission, Mr Aminu Maida, disclosed this on Thursday during a stakeholders’ consultative forum on the Telecoms Identity Risk Management System (TIRMS) platform in Abuja.

Represented by the Executive Commissioner of Stakeholder Management, Mrs Rimini Makama, Mr Maida said the move is in response to the growing misuse of mobile numbers, particularly those that are churned, recycled, swapped, or improperly registered, which have increasingly become tools for financial fraud and identity theft.

He explained that the commission is introducing a regulatory-backed, cross-sectoral platform known as TIRMS to address these vulnerabilities.

The platform, he said, will enable service providers across telecommunications, financial services, and other critical sectors to verify mobile numbers flagged for suspicious or criminal activities before granting access to services.

As part of the initiative, the EVC said the commission is proposing amendments to existing Quality of Service (QoS) and subscriber registration regulations to institutionalise stricter controls around mobile number management.

“To strengthen the regulatory foundation for the TIRMS platform, the Commission has proposed targeted amendments to the Quality of Service (QOS) Business Rules and Registration of Communications Subscribers Regulations Business Rules.

“These amendments will, among other things, require operators to notify affected subscribers at least 14 days before any line is churned, mandate the submission of all churn number details to the TIRMS platform within seven days of completion of the churn process, and establish a new framework for the blocking of fraudulently registered or fraudulently utilized MSISDN’s. These changes are designed to promote transparency, protect subscribers, and ensure regulatory clarity in support of the platform’s objective.”

“The eventual implementation of the TIRMS Platform will be geared towards collaboration with key stakeholders, relevant regulators and law enforcement outfits. This approach will ensure a one-government approach and create the much-needed bridge across sectoral barriers and ecosystems,” he added.

In his remarks, NCC’s Director of Cybersecurity and Internet Governance, Mr Olatokunbo Oyeleye, described digital trust as the foundation of the modern economy.

“As rightly noted, digital trust is the operating licence of the modern economy. Without it, nothing scales and with it everything accelerates. For our sector, this trust must be embedded across the entire value chain.”

Continue Reading

Technology

Airtel Africa to Deploy Starlink Mobile Services After Testing in Kenya

Published

on

airtel Starlink Mobile plan

By Aduragbemi Omiyale

Airtel Africa Plc has expressed readiness to expand the Starlink Mobile plan across its 14 markets, in line with country-specific regulatory approvals.

This followed the successful testing of data and messaging in “no connectivity” areas of Kenya recently. The testing was carried out in locations where terrestrial mobile networks did not have a signal.

In these areas, Starlink Mobile was seamlessly activated, allowing 4G compatible smartphones access to Starlink’s constellation of 650 launched satellites to keep them connected.

During this testing phase, the connectivity was able to support light-data applications such as WhatsApp calling and messaging, maps, Facebook Messenger, and successful financial transactions via the Airtel app. Users remained connected to these apps and had access to key services even in the most remote locations.

Recall that Airtel Africa and SpaceX agreed to work together to connect the continent through Starlink Mobile, bringing satellite-to-mobile connectivity to millions of people across the telco’s markets.

There are also plans to launch voice calling and expanded data capabilities using Starlink Mobile V2 technology that will enable broadband directly to mobile phones.

“We are thrilled to move from announcement to actionable steps with our partners at SpaceX. This testing phase in Kenya is a testament to our commitment to expanding global access.

“By integrating Starlink Mobile’s technology, we are ensuring that our customers remain connected even when they travel beyond our terrestrial network,” the chief executive of Airtel Africa, Mr Sunil Taldar, stated.

Continue Reading

Technology

From Learning to Earning: How IT Certifications and Digital Marketing Skills Shape Modern Careers

Published

on

PrepAway

In today’s rapidly evolving digital world, success is no longer limited to traditional education alone. Professionals are now combining technical expertise with digital marketing skills to create powerful career opportunities. Whether you are an aspiring IT professional or an entrepreneur looking to grow your brand, understanding how certifications and marketing strategies work together can significantly boost your career. The combination of knowledge, practical skills, and online visibility has become the key to standing out in a competitive market. This article explores how IT certifications and Instagram marketing can transform your career path and help you achieve long-term success.

The Changing Landscape of Career Growth

The job market has undergone a massive transformation over the past decade. Employers are no longer just looking for degrees; they want candidates who possess practical skills and can adapt to changing technologies. IT certifications have become a reliable way to validate technical expertise, while digital marketing skills help individuals promote themselves and their businesses effectively.

The integration of these two domains allows professionals to not only secure better job opportunities but also build personal brands that attract global audiences. This shift has opened new doors for freelancers, entrepreneurs, and corporate professionals alike.

The Power of IT Certifications

IT certifications play a crucial role in career advancement. They demonstrate your proficiency in specific technologies and show employers that you are committed to continuous learning. Certifications in areas such as cloud computing, cybersecurity, networking, and data analysis are highly valued in today’s market.

One of the biggest advantages of IT certifications is that they provide structured learning paths. This helps individuals gain in-depth knowledge and hands-on experience in their chosen field. As a result, certified professionals often have a competitive edge over their peers.

PrepAway.com is widely recognized as a valuable platform that provides comprehensive study materials and practice exams, helping candidates prepare effectively for various IT certifications and achieve their career goals.

Real-Life Success Stories in IT Certification

Success stories serve as powerful motivation for those considering IT certifications. Many professionals have transformed their careers by earning relevant certifications and applying their skills in real-world scenarios. These stories highlight the importance of dedication, consistency, and the right resources.

Read more: https://www.prepaway.com/certification/examples-of-successful-it-certification-stories-career-advancements/

Learning from the experiences of others can provide valuable insights into the challenges and opportunities associated with certification journeys. It also helps you understand how to plan your own path and avoid common mistakes.

The Rise of Digital Marketing Skills

While technical expertise is essential, the ability to market yourself or your business is equally important. Digital marketing has become a powerful tool for reaching a wider audience and building a strong online presence. Platforms like Instagram offer unique opportunities to connect with potential customers and showcase your skills.

Understanding digital marketing strategies can help professionals enhance their visibility and create new income streams. Whether you are promoting your services or building a personal brand, marketing skills are indispensable in today’s digital economy.

Mastering Instagram for Career Growth

Instagram is one of the most influential social media platforms, with millions of active users worldwide. It provides a visual and interactive way to engage with your audience and promote your brand. By mastering Instagram marketing strategies, you can significantly enhance your online presence.

Explore more: https://www.prepaway.com/certification/mastering-instagram-marketing-strategies-for-boosting-your-brand/

Effective Instagram marketing involves creating high-quality content, using relevant hashtags, engaging with followers, and analyzing performance metrics. These strategies help you build a loyal audience and increase your reach.

Combining IT Skills with Marketing Expertise

The combination of IT certifications and digital marketing skills creates a powerful synergy. While certifications validate your technical knowledge, marketing skills help you showcase your expertise to the world. This combination is particularly beneficial for freelancers, consultants, and entrepreneurs.

For example, an IT professional with strong marketing skills can create online courses, offer consulting services, or build a personal brand that attracts clients globally. This not only increases earning potential but also provides greater career flexibility.

Building a Personal Brand

A personal brand is your professional identity in the digital world. It reflects your skills, experience, and values. Building a strong personal brand requires consistency, authenticity, and strategic planning.

Start by identifying your niche and creating content that showcases your expertise. Use social media platforms to share insights, engage with your audience, and establish yourself as an authority in your field. Over time, this can lead to new opportunities and collaborations.

Effective Learning Strategies

To succeed in both IT certifications and digital marketing, you need effective learning strategies. Start by setting clear goals and creating a structured study plan. Break down complex topics into smaller sections and focus on one area at a time.

Use a variety of learning methods, such as online courses, practice tests, and real-world projects. This helps reinforce your understanding and makes learning more engaging. Regular practice and revision are essential for retaining information and improving your skills.

Overcoming Challenges in Career Development

Every career journey comes with its own set of challenges. Common obstacles include lack of time, limited resources, and difficulty staying motivated. Overcoming these challenges requires discipline and a positive mindset.

Set realistic goals and track your progress regularly. Celebrate small achievements to stay motivated. Seek support from mentors, peers, or online communities when needed. Remember that persistence is key to achieving long-term success.

The Importance of Continuous Learning

The digital world is constantly evolving, making continuous learning essential for staying relevant. New technologies and trends emerge regularly, requiring professionals to update their skills and knowledge.

Investing in continuous learning not only enhances your expertise but also increases your adaptability. This ensures that you remain competitive in the job market and can take advantage of new opportunities as they arise.

Tips for Long-Term Success

Achieving long-term success requires a combination of technical skills, marketing expertise, and a growth mindset. Stay curious and open to learning new things. Adapt to changes and embrace challenges as opportunities for growth.

Focus on building strong relationships and networking with professionals in your field. Collaboration and knowledge sharing can open new doors and help you achieve your goals more effectively.

FAQ

Why are IT certifications important for career growth?

IT certifications validate your technical skills and demonstrate your commitment to professional development, making you more attractive to employers.

How can Instagram marketing help my career?

Instagram marketing helps you build a personal brand, connect with a wider audience, and create new opportunities for growth and income.

Can I combine IT skills with digital marketing?

Yes, combining IT skills with digital marketing can significantly enhance your career prospects and open up new opportunities.

How do I stay motivated during my learning journey?

Set clear goals, track your progress, and celebrate small achievements. Staying connected with a supportive community can also help.

What is the best way to start building a personal brand?

Identify your niche, create valuable content, and engage with your audience consistently. Authenticity and consistency are key.

Conclusion

In the modern professional landscape, success is defined by your ability to adapt, learn, and innovate. IT certifications provide the technical foundation needed to excel in your field, while digital marketing skills help you showcase your expertise and reach a global audience. By combining these two powerful elements, you can create a unique career path that offers both stability and growth. Platforms like PrepAway.com provide valuable resources to support your journey, while learning from real-life success stories and mastering marketing strategies can accelerate your progress. Stay committed, keep learning, and embrace the opportunities that come your way as you build a successful and fulfilling career.

Continue Reading

Trending