NCC Reiterates Commitment for Safe Digital Economy

Image

By Ashemiriogwa Emmanuel

The Nigerian Communications Commission (NCC) has reassured the nation that it will continue to ensure cyber security towards a healthier and safe digital economy, which is free of cybercrime.

The regulatory authority noted that the evolution of technology, which has brought about advancement in the way the digital world operates, has also introduced new dimensions of cybercrimes, identity theft, social media, and fake news campaigns.

The executive vice-chairman of the commission, Mr Umar Danbatta, who said this on Wednesday at the 2021 annual cybersecurity conference in Abuja, mentioned that only a healthy digital environment can guarantee the privacy and integrity of digital data as this can be achieved with trust and confidentiality.

Mr Danbatta, represented by the Executive Commissioner, Stakeholders Management at NCC, Mr Adeleke Adewolu, was speaking on the theme Building Trust in the Digital Economy through Cybersecurity and Sensitization on the Implementation of the National Cybersecurity Policy and Strategy (NCPS) 2021.

According to him, “The NCC is at the forefront of ensuring a sound cyber security culture that is built on people, processes, and technology. Launching the Nigeria communications sectoral Cyber Security Response Team (CERT) is a testament to our resolve to promote a healthy digital environment.

“Our various cybersecurity awareness initiatives and campaigns are helping the public understand the risks in the digital space and how to reduce the vulnerability opportunities that adversaries can benefit from.”

He averred that the regulatory authority, along with external partners, as well as other stakeholders all have a role to play that is pivotal to ensuring adherence to sound cybersecurity culture and hygiene, adding that this collective effort will continuously boost trust and confidence in Nigeria’s digital space.

Speaking on the importance of the event which was organized in partnership with the office of national security adviser (ONSA), Mr Danbatta said that the conference complements the federal government’s goal in promoting cyber security and fostering trust.

Earlier this week, the commission revealed its plan to engage stakeholders on the Fifth Generation spectrum auction towards the implementation of the 5G network in Nigeria.

The agency, in the disclosure, said that it will engage with the relevant industry stakeholders to examine the draft Information Memorandum for the upcoming auction of the 3.5 gigahertz spectrum band.

Share
Related Stories
Image
21-September-2023

Flapmax Picks 12 Startups for AI Accelerator Programme

By Adedapo Adesanya Data and AI technology company, Flapmax, has announced 12 startups selected for the second cohort of the FAST Accelerator startup programme, created in partnership with Microsoft to help strengthen and scale Africa’s digital ecosystem. Following the conclusion of its 2-week Online Bootcamp, which saw 60+ tech companies participate in intensive online training with experienced mentors, FAST Accelerator’s cohort of 12 startups will progress to a 5-week comprehensive acceleration experience in Silicon Valley, California, starting in October. Speaking on this, Mrs Mame-Fatou Gueye, SME Program Manager, Microsoft Africa Transformation Office, said, “Microsoft believes that African startups and small

Image
25-August-2023

Nigeria 7th in Mobile Phone Usage, 11th in Internet Penetration Globally—NCC

By Adedapo Adesanya The Nigerian Communications Commission (NCC) has said Nigeria now ranks seventh in terms of mobile phone usage globally while it takes the 11th spot in terms of internet penetration. The NCC Executive Vice Chairman/Chief Executive Officer, Mr Umar Danbatta, disclosed this while speaking at the opening ceremony of a two-day workshop on emerging technology forum for the telecommunications industry in Abuja on Thursday. Mr Danbatta, who was represented by Mr Abraham Osahadami, the NCC’s Head of Spectrum Database Management, said 82 per cent of the country’s 200 million+ population are telecom subscribers while just 29 per cent

Image
23-August-2023

The Art of Technology Lagos 5.0 – Unveiling The Creative Economy and A Digital Lagos

The pinnacle of technological innovation and thought leadership, Art of Technology Lagos (AOT), returns for its fifth edition, AOT 5.0. With an unwavering commitment to progress, this year’s conference dives into two crucial pillars that are shaping Lagos’s future: “The Creative Economy” and “A Digital Lagos.“ Curated by the Eko Innovation Centre in collaboration with the Lagos State Government, AOT 5.0 promises to be an unparalleled gathering of visionaries, industry leaders, and changemakers. Lagos’s creative economy sector is a dynamic force that fuels the state’s economic growth, encompassing diverse industries such as film, music, fashion, design, and advertising. This ecosystem

Image
21-August-2023

Nigeria, Czech May Revive Delta-2 Project to Boost Technology Transfer

By Adedapo Adesanya After a three-year hiatus, the National Agency for Science and Engineering Infrastructure (NASENI) has moved to restart the Delta-2 project, a technology transfer programme between Nigeria and the Czech Republic. The Nigerian agency and its Czech equivalent, the Technology Agency of Czech Republic (TA-CR) signed a Memorandum of Understanding in 2014 in Prague on critical areas of technology transfer and innovations, which resulted in the co-funding of the Czech-Nigeria Bilateral R&D project on the Delta-2 Programme. The programme started in 2020 but got stalled. Now, NASENI, in a statement, said the project may soon continue as the

More Stories
Image
23-November-2020

UPDC, Transcorp, Jaiz Bank Contribute 81% to Weekly Trading Volume

By Modupe Gbadeyanka Shares of UAC Property Development Company, Transcorp and Jaiz Bank were busy at the market last week, accounting for 81.22 per cent and 18.50 per cent to the trading volume and value respectively. A total of 11.4 billion shares worth N35.9 billion were traded in the week in 39,265 deals in contrast to the 4.5 billion equities worth N58.7 billion transacted a week earlier in 47,140 deals. But the three equities accounted for 9.3 billion units worth N6.6 billion exchanged in 1,958 deals. By sector, the construction/real estate was the most active, selling 8.5 billion shares valued

Image
06-March-2021

NSE Plans Workshop on Value Investing, Growth Investing

By Dipo Olowookere A workshop aimed to dissect the benefits of value investing and growth investing will hold next week, the Nigerian Stock Exchange (NSE) has said. The online event is specifically for retail investors in the nation’s stock market and it is the first organised by the exchange this year. According to a notice obtained by Business Post, the event, tagged Retail Investors Workshop, will take place on Thursday, March 11, 2021, by 11am and will have experts speaking on the theme. “We are pleased to invite you to our first Retail Investors Workshop in 2021. On Thursday, 11

Image
03-November-2020

Private Schools Reject Kano Order to Slash Third Term Fees

By Adedapo Adesanya A joint committee of Private and Voluntary Schools Associations in Kano State has rejected the 25 per cent reduction of third term school fees in the state. Business Post had earlier reported that the Kano State Ministry of Education directed owners of private schools to henceforth reduce the third term fees by 25 per cent to help parents deal with the effects of the coronavirus pandemic. However, the group expressed worry over the method deployed by the government on the compulsory implementation of the reduction despite the demand for further clarification and justification of the 25 per

Image
24-June-2022

Naira Gains 0.32% to Trade N620/$1 at P2P FX Market

By Adedapo Adesanya The local currency recorded a N2 or 0.32 per cent appreciation against the American Dollar on Thursday, June 23 at the Peer-to-Peer (P2P) segment of the foreign exchange, trading at N622/$1 at the close of business compared with the previous day’s value of N620/$1. The Naira also strengthened against the US Dollar at the Investors and Exporters (I&E) segment of the market yesterday by 33 kobo or 0.05 per cent. At the spot market, the exchange rate of the Naira to the greenback was N420.17/$1 in contrast to the N420.50/$1 it was traded in the previous session.

Image
01-July-2019

Dubai Achieves 19% Reduction in Net CO2 Emissions

In conjunction with the convening of the preparatory conference for the UN 2019 Climate Summit (COP 25) in Abu Dhabi, the Dubai Supreme Council of Energy has announced a 19 percent decline in the net CO2 emissions of Dubai compared to the business as usual (BAU) scenario and 10 percent below the Carbon Abatement Strategy 2021 target to reduce carbon emissions by 16 percent by 2021. The Dubai Supreme Council of Energy has been monitoring Dubai’s carbon emission since 2011 through the United Nations’ MRV methodology (Monitoring, Reporting and Verification). This detailed data-centric platform has allowed Dubai decision makers to

Image
08-July-2017

Dogara Throws Wright Behind Amendment of OGFZA Law

By Dipo Olowookere The amendment of the Oil and Gas Free Zones Authority (OGFZA) Act of 1996 has received a huge boost with the support of the Speaker of the House of Representatives, Mr Yakubu Dogara. Mr Dogara, in his opening remarks on Thursday in Abuja at the public hearing on the bill, said he was convinced deliberations at the event would lead to appropriate review and correction of any ambiguities that may exist in the OGFZA Act. The public hearing was organised by the House Committee on Commerce. Represented by the Deputy Chief Whip of the House, Mr Pali

Image
12-July-2022

Osinbajo Tasks Intellectuals on Reforms in Health, Education

By Adedapo Adesanya The Vice President, Mr Yemi Osinbajo has called on academics to take a keen interest, especially in issues of education and healthcare, exploring options for reform and innovation in those human capital development sectors. This was the highlight of a virtual meeting between the VP and a team of professors drawn from the six geo-political zones under the auspices of the Progressive Intellectuals Advisory Group (PIAG). According to his media aide, Mr Laolu Akande, in a statement on Monday, Mr Osinbajo interacted with the dons on a number of topical national development issues and urged stakeholders, especially

Ad
Ad
Recent Stories
Image
29-September-2023

FG, States, Local Councils Get N1.1tn As September Allocation

By Adedapo Adesanya The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion from the revenue generated by the nation in August 2023 for September to enable the three tiers of government; the federal government, states, and local government councils, to have funds to pay salaries and others. The allocation of the funds was confirmed by the Office of the Accountant General of the Federation on Friday following FAAC’s September 2023 meeting. According to a statement by the OAGF’s Director of Press and Public Relations, Mr Bawa Mokwa, there was “N1100.101 billion (N1.1 trillion) total distributable revenue.”

Image
29-September-2023

Erisco Product Reviewer Fights Back, Threatens 500m Suit

By Bliss Okperan A lady who reviewed a product of Erisco Foods Limited, Nagiko Tomato Mix, Mrs Chioma Egodi, has threatened to demand the sum of N500 million from the chief executive of the company, Mr Eric Umeofia, for violating her fundamental human rights. Mrs Egodi said she purchased the product at the market with the intention of using it to cook stew for her family. However, when she tasted it, according to her, it tasted too much sugar, prompting her to post about it on Facebook. It was reported that Erisco was not happy with the negative review. She

Image
29-September-2023

Scoring Success: How Data Analytics Revolutionizes Football Predictions Strategies

Data analytics is transforming football predictions as tools and techniques are consistently being designed to enhance accuracy and precision in football betting. In this article, we uncover the huge impact of data analytics in football betting. The Power of Data in Football Predictions In football betting, data analytics is used to collect, analyse, and interpret data to make informed predictions. This includes several metrics, such as player stats, team performance, head-to-head results, and external factors like injuries, fatigue, and weather conditions. Data analytics in football predictions is useful in the following ways:  Transforming Raw Data to Useful Piece of Information

Image
29-September-2023

Alleged Assault: Manchester United Recall Anthony to Squad

By Dipo Olowookere Brazilian winger, Anthony, is now eligible to make the Manchester United squad again, a statement from the football club has disclosed. A few weeks ago, the footballer was suspended by the English sports outfit over allegations of assault in his home country. His former girlfriend, Rosilene Silva, accused the footballer of assaulting her, prompting the police in Brazil to launch an investigation into the claims. The police in the United Kingdom also took an interest in the matter, forcing the Old Trafford team to ask Anthony to stay away from the team. In an update on Friday,

Image
29-September-2023

How to Find The Best Marine Insurance Provider For You

For maritime businesses, the stakes are high, and the seas can be unpredictable. Whether you own a shipping fleet, operate a fishing company, or oversee marine logistics, safeguarding your assets with the right marine insurance is prudent. It’s also essential for the sustainability of your enterprise. Here are some tips for how to find the best marine insurance provider. By following these strategic steps, you can ensure your business remains afloat, even in the face of unforeseen challenges. 1. Assess Your Maritime Needs The first crucial step towards securing the ideal marine insurance provider is a comprehensive assessment of your

Image
29-September-2023

Abdullahi Atewe, Emmanuel Dairo to Relaunch Future Brand Idol

By Adedapo Adesanya After a two-year hiatus, the prestigious Future Brand Idol (FBI), an advertising contest, is making a return on a bigger scale following a new partnership with Forbes Black Member community member, Mr Emmanuel Dairo. The competition, which seeks to discover and breed young creative talents in Nigerian tertiary institutions, has created top talents who have gone to explore new grounds in their respective endeavours. Through this newly forged relationship, the founder of the contest, Mr Abdullahi Ahmed Atewe, and Mr Dairo will be seeking to expand the horizon of the challenge to offer more value. This will

Image
29-September-2023

Oyedele Clarifies Transfer of Funds for Tax Reform Committee

By Adedapo Adesanya The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has cleared the air regarding recent reports on the transfer of funds to the Joint Tax Board (JTB) by the Federal Inland Revenue Service (FIRS) under the erstwhile chairman, Mr Muhammad Nami, for the tax reform committee. In a statement on Friday, he revealed that N5 billion was paid to the board to fund activities of the team set up by President Bola Tinubu, noting that “The committee’s budget includes provisions for a national Data for Tax project which the JTB had been

Image
29-September-2023

Lagos Shuts Down Alaba Market

By Bliss Okperan The Lagos State Waste Management Authority (LAWMA) has announced the immediate closure of the popular spare parts market, Ladipo Market, over an “unhygienic environment.” In a statement on Friday, the waste management agency said it shut down the market due to the unwholesome environmental practices by traders who refused to pay for waste services alongside the poor waste management. The Commissioner for Environment and Water Resources in Lagos, Mr Tokunbo Wahab, said the market would remain closed until the mandatory conditions of redress have been met by traders and market stakeholders. “It is imperative that markets in

Image
29-September-2023

Delisting: Capital Hotels Opens Escrow Account to Pay Off Minority Investors

By Dipo Olowookere The board of Capital Hotels Plc has announced the creation of an escrow account for the payment of about N1.6 billion to minority shareholders of the company. The hospitality firm is leaving the Nigerian Exchange (NGX) Limited after years on the nation’s main stock exchange. In a notice signed by Alex Ugwuanyi, the organisation said the account was created with CardinalStone Registrars Limited and has been sufficiently funded for payment “to shareholders” who “have accepted to exit” the firm by selling their holdings. Recall that in March 2023, shareholders of Capital Hotels approved the request of the

Image
29-September-2023

VFD Group Quits NASD OTC Securities Exchange After Delisting

By Adedapo Adesanya VFD Group Plc has been officially delisted from the NASD Over-the-Counter (OTC) Securities Exchange months after the proprietary investment company revealed its intention to list its stocks on the Nigerian Exchange (NGX) Limited. The bourse on Thursday confirmed the development in a notice seen by Business Post. “Pursuant to the company’s request to delist from the NASD OTC Exchange, we wish to inform you that VFD Group PLC shares will be delisted with effect from the close of business (COB) today, Thursday, September 28, 2023,” the notice read. Last Friday, after three years of trading on the