N1.17bn Fine: NCC Corrects Self, Changes Deadline for Payment

Source: THISDAY LIVE

The Nigerian Communications Commission (NCC) has said the deadline for the payment of the N1.17 billion fine to be paid the telecoms operators is now May 25, instead of the May 21 date it gave earlier. NCC had on May ...
Full article at: THISDAY LIVE  More like this  2 days ago, 7:36pm CDT

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‘Frustrated’ Telcos Respond To NCC’s Fine Over Poor Network Quality: ‘We Are Sorry. But…’

Source: TechLoy

Today, the four largest mobile operators in Nigeria — Airtel, Etisalat, Globacom and MTN — issued a joint statement following the decision by the Nigerian Communications Commission (NCC) to sanction all four GSM oper ...
Full article at: TechLoy  More like this  5 days ago, 10:30am CDT

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Nigeria: FAAC - Delayed Release of Funds Shoots Banks' Rates Higher

Source: AllAfrica.com

The delay in the release of funds to the three tiers of government by the Federation Account Allocation Committee (FAAC) has further worsened the liquidity situation in the financial system, further increasing int ...
Full article at: AllAfrica.com  More like this  5 days ago, 3:04am CDT