Business
NCC Approves 2,155 Phones For Sale In Nigeria …Made In China Tops
The Nigerian Communications Commission (NCC) has approved 2,155 phones for sale in the country, as at July 2023, with made-in-China phones dominating the market.
Among the brands are those from countries such as Finland, France, America, India, Japan, Philippines, Taiwan, South Korea, South Africa, UAE, and China.
Meanwhile, the Chinese brands have continued to dominate the Nigerian market with over 300 models.
Some of the phone brands include; Tecno Mobile, Nokia, Wiko, Samsung, Panasonic, Huawei, Asus, Apple, HP, Google, Gionee, Alcatel, and Oppo.
The approved devices, which are of different brands and models are those that have been tested by the telecoms regulator and found to meet the applicable type approval standards required to allow them to be sold to consumers in Nigeria.
The NCC warned traders and Nigerians about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not approved by it.
In a press statement made available to The Tide’s source, the Executive Vice Chairman, NCC, Prof Umar Danbatta, faulted the proliferation of counterfeit handsets in the country.
He said, “The menace of counterfeit and substandard handsets has assumed a global dimension and requires a lot of education on the part of the consumers and collaboration with other government agencies to address it.
“Cases of influx and patronage of counterfeit handsets are more rampant in developing countries, such as Nigeria, where importers bring in substandard phones without recourse to the regulatory type-approval process aimed at certifying such devices as fit for the market”.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business5 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
