Connect with us

Business

NCC Seeks Synergy To Unlock Opportunities Through 5G

Published

on

The Nigerian Communications Commission (NCC) has urged stakeholders in the telecom industry to synergise in order to tap from the opportunities that the deployment of the Fifth Generation (5G) will expose the economy to.
Such areas include emerging International Mobile Telecommunications (IMT) technologies.
Chief Executive Officer of the NCC, Prof Garba Dambatta, said unlike the previous generations of mobile networks, the 5G technology is expected to transform the role that telecoms technology plays in society.
According to him, “5G is certainly expected to enable further economic growth and pervasive digitalisation of a hyper-connected society, in which not only are people connected to the network whenever needed, but also many other devices/things, thus, creating a smart society with almost everything connected (that is Internet of Everything).
“5G technology will also enhance mobile broadband with very low latency and consequently enable new use cases such as Virtual Reality, Augmented Reality, Quantum Computing, Smart City initiatives and Mission Critical Operations amongst others,” he said.
Speaking at a Digital Sense Forum in Lagos, he said “the realisation of the full potential of this promising technology comes with vast socio-economic benefits and responsibility.
“Therefore, to drive these benefits, there is a need for vigorous collaboration between government and non-government actors to ensure the development of focused policies, robust regulatory framework and build-out resilient networks”.
He identified the stakeholders for the synergy to include government (policy makers national regulatory authorities (regulators), mobile network operators (MNOs), consumers and industry based organisations.
These stakeholders, he explained, play a critical role in unlocking the vast potential of 5G, and that this potential can be achieved by collaboration and partnership with various stakeholders in the telecoms industry ecosystem, while ensuring the provision of robust government policies and excellent regulatory framework being implemented.
Dambatta said within any administration, government is required to put in place excellent policies that would foster innovation and development.

“As policymakers, the government should also consider to undertake its own independent economic and social assessment and viability of deploying new technologies (such as 5G in this case) with a view to providing a clear regulatory direction that will enable all relevant stakeholders including the network operators to make informed decisions that will ensure the deployment of these technologies in a manner that is most beneficial to the nation and its citizens,” he said.

According to him, the government has already developed some policy documents such as the Nigerian Digital Economy Policy and Strategy (NDEPS 2020 – 2030) which aims to accelerate the National Digital Economy for a Digital Nigeria.

The objectives of this document, he explained further,  among others, include; developmental regulation, Digital Literacy and Skills, Solid Infrastructure, Digital Service Development and Promotion, and Digital Society and Emerging Technologies.

Meanwhile, Government has also developed a Nigerian National Broadband Plan (NNBP 2020 – 2025) which has a target to deliver data download speeds across Nigeria of a minimum of 25Mbps in urban areas, and 10Mbps in rural areas, with effective coverage available to at least 90per cent of the population by 2025 at a price not more than N390 per 1GB of data (that is two per cent of median income or one per cent of minimum wage).

In order to achieve these ambitious targets, the plan, he continued, is focused on four critical pillars.

The pillars are: “infrastructure, policy, funding and incentives.  Similarly, a National Policy on 5G Networks for Nigeria’s Digital Economy was developed to address the provision of the required Spectrum and the enabling environment to ensure full deployment of 5G technology to effectively cover major urban areas by 2025; and to ensure the security of the 5G ecosystem as well as the protection of data amongst many others”.

Continue Reading

Business

Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0

Published

on

Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0).
According to the report, the programme is designed to equip women with practical, income?generating skills and structured pathways to entrepreneurship.
 Accordingly, the HAP 2.0 will build on the success of its inaugural edition held in 2023.
During media chat with journalists to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact.
He said HerFidelity Apprenticeship Programme 2.0 reflects their commitment to continuous improvement, having evaluated feedback from the first edition, they have returned with stronger partnerships and deeper mentorship programmes to ensure that women acquire not just skills, but sustainable economic opportunities.
Mr Ede, who said the programme is guided with real?world learning, also said that participants will undergo intensive apprenticeship training under reputable institutions and industry experts across selected fields such as hair styling, shoe making, auto mechatronics, and interior decoration.
Additionally, he said HerFidelity Apprenticeship Programme 2.0 goes beyond skills acquisition by offering participants a wide range of business advisory services.
These include business and financial literacy training, mentorship support throughout the apprenticeship journey, access to Fidelity Bank’s women?focused and SME financial solutions, as well as guidance on business formalisation and growth strategies.
Emphasizing the bank’s vision further, Ede said: “By integrating structured mentorship with entrepreneurial development, Fidelity Bank is positioning women not just as trainees, but as future employers, innovators, and economic contributors within their communities.
 This aligns with our mandate to help individuals grow, businesses thrive, and economies prosper”.
It is noteworthy that interested participants are encouraged to indicate their interest by visiting https://bit.ly/Apprenticeshipbyherfidelity.
It is important to note that Fidelity Bank Plc is ranked among the best banks in Nigeria, with a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, with 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
It is reported that the Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards, the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
By: Nkpemenyie mcdominic, Lagos
Continue Reading

Business

President Tinubu Approves Extension Ban On Raw Shea Nut Export

Published

on

President Bola Ahmed Tinubu has approved the extension of the ban on the export of raw shea nuts for a further one year, from February 26, 2026, to February 25, 2027.
Bayo Onanuga, Special Adviser to the President on (Information and Strategy) who disclosed this on Wednesday, February 25, 2026 stressed the Federal Government remains committed to policies that promote inclusive growth, local manufacturing, and position Nigeria as a competitive participant in global agricultural value chains.
The decision underscores the administration’s commitment to advancing industrial development, strengthening domestic value addition, and supporting the objectives of the Renewed Hope Agenda.
The ban aims to deepen processing capacity within Nigeria, enhance livelihoods in shea-producing communities, and promote the growth of Nigerian exports anchored on value-added products.
To further these objectives, President Tinubu has authorised the two Ministers of the Federal Ministry of Industry, Trade and Investment, and the Presidential Food Security Coordination Unit (PFSCU), to coordinate the implementation of a unified, evidence-based national framework that aligns industrialisation, trade, and investment priorities across the shea nut value chain.
He also approved the adoption of an export framework established by the Nigerian Commodity Exchange (NCX) and the withdrawal of all waivers allowing the direct export of raw shea nuts.
The President directed that any excess supply of raw shea nuts should be exported exclusively through the NCX framework, in accordance with the approved guidelines.
By: Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

Crisis Response: EU-project Delivers New Vet. Clinic To Katsina Govt.

Published

on

A Non – Governmental Organisation (NGO), Mercy Corps, has handed over a newly constructed Veterinary Clinic and a rehabilitated structure in Danmusa Local Government Area (LGA), to the Katsina State Government.
The project, which included a 20,000-litre capacity upgraded solar-powered borehole, was executed under the European Union-funded Conflict Prevention, Crisis Response and Resilience (CPCRR) project.
The initiative is being implemented in collaboration with the International Organisation for Migration (IOM), and the Centre for Democracy and Development (CDD).
Speaking during the handover ceremony, Wednesday, the Commissioner for Livestock and Animal Husbandry in Kastina State, Prof Ahmed Bakori, commended Mercy Corps and its partners on such commitment to support peace and development in the state.
While praising the state government for restoring peace and stability, the said project would improve livestock services and the welfare of farmers who depend on animal health services for livelihood.
Bakori buttressed that improved security in the state had enabled development partners to implement meaningful interventions in communities affected earlier.
He said, “Recently, Gov. Dikko Radda was in South Africa to explore strategies for boosting livestock production and strengthening the livestock value chain in line with the government’s economic development agenda.”
In his remarks, Mercy Corps Senior Programme Manager, Mr Philip Ikita, expressed satisfaction on the timely and successful implementation of the project in Danmusa.
He stated that although Mercy Corps began its operations in the state in 2023, security challenges, had initially prevented the organisation from accessing some areas, including Danmusa.
Ikita said that the project would improve access to essential services, strengthen livelihoods and contribute to sustaining peace in the community.
“The project involves the upgrade of a veterinary clinic from a two room structure into a fully functional six office facility, embarked on to strengthen livestock healthcare services in the area.
“The programme builds on the success of the Conflict Mitigation and Community Reconciliation (CMCR) project and seeks to promote long-term peace and stability in Northwest Nigeria.
“It works across 48 communities in Zamfara and Katsina States, addressing the root causes of conflict, enhancing community resilience, and strengthening socio-economic recovery,” he said.
Also, the District Head of Danmusa, Ahmadu Abubakar, expressed appreciation to Mercy Corps and its partners for the intervention, describing the projects as timely and beneficial.
Earlier, the Chairman of Danmusa LGA, Ibrahim Na-Mama, represented by his Deputy, Musa Muhammad, expressed appreciation for the projects, assuring that the council would support efforts to safeguard them.
Continue Reading

Trending