Business
NCC Tasks ICT Manufacturers On Mobile Devices
The Nigerian Communications Commission (NCC) has called on Information and Communication Technology (ICT) device manufacturers to produce affordable Long Term Evolution (LTE) mobile devices.
Head, Technical Standards and Network Integrity, NCC, Mr Bako Wakil made the call on the sidelines of the 2nd Type Approval Industry Working Group Meeting in Lagos.
In telecommunication, LTE is a technology standard for high-speed wireless communication for mobile devices and data terminals.
It offers higher bandwidth, meaning greater connection speed, and better underlying technology for Voice over Internet Protocol (VoIP) and multimedia streaming.
Wakil said that there was the need for affordable LTE phones, as the ones available in the Nigerian market were expensive.
According to him, affordable devices will ensure that Nigerians receive the Fourth Generation (4G) technology experience.
“Operators are offering 4G services in some major cities in Nigeria now but if your device is not 4G compliant, you will not get that 4G experience.
“There are 4G devices but many people cannot afford them because they are expensive. It is beyond ordinary person’s reach.
“We are appealling to the Original Equipment Manufacturer (OEM) – Ericsson, Huawei, Tecno, to produce 4G compliant phones at cheaper rates, looking at the size of Nigerian market,” he said.
Wakil said that more LTE devices were being submitted to the commission for Type Approval.
He said that some of the challenges of the LTE phones in the country were that OEM do not have repair centres and the warranty agreements for the phones were not clear enough.
Wakil said that NCC was usually neutral on the type of technologies that telecommunications operators deploy to provide their services to customers.
He said that according to the European Commission, technology neutrality is the requirement for national regulatory authorities to take the utmost account of the desirability of making regulation technologically neutral,
According to him, the commission neither imposes nor discriminates in favour of the use of a particular type of technology.
“It is preferred that the market determine what technologies are appropriate for its development,” he said.
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Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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