MainOne, one of the undersea cable companies affected by undersea cable damages that crippled telecoms and other critical services across several West African nations, including Nigeria, stated it has restored network stability earlier.
In addition, the Nigerian government said that telecoms local services outages caused by damage thanks to cable cuts have been restored to 90% peak performance on Thursday, after the impact felt by Internet Service Providers (ISPs), financial institutions, among others.
On other topics in the tech ecosystem, Lagos State Governor, Babajide Sanwo-Olu, has hinted of plans by Lagos to forge technology partnership with Mastercard, the payment technology giant. This followed the official visit of Dimitrios Donis, MasterCard President, Eastern Europe, Middle East and Africa to Lagos House, Marina during the week. The governor said his administration was open, willing and eager to make technology a way of life, adding that there was a lot the Lagos State Government and Mastercard could jointly develop and take forward in the area of technology.
Another news item that caught the eye was by Dr. Aminu Maida, Nigeria Communications Commission (NCC) Eexecutive Vice Chaiman/CEO who has said that he hopes to pursue an optimal user experience for Nigerian telecoms subscribers as part of his vision as the nation’s telecoms industry regulatory agency’s chief.
The biggest topic during the week witnessed President Bola Tinubu, Nigeria’s number citizen’s statement that his administration is investing in digital technology to support small businesses and expansion of opportunities. This was while the President of Global Affairs, Meta platforms, Nick Clegg paid an official visit to Aso Villa during the week with a high-powered delegation to the seat of power in Abuja, FCT.
The icing on the cake was Meta’s groundbreaking announcement that parent company of social media giants, Facebook, Instagram, WhatsApp, and Threads, plans to introduce a feature empowering Nigerian creators to monetize their content from July 2024.
Another news item that caught the eye was by Dr. Aminu Maida, Nigeria Communications Commission (NCC) Eexecutive Vice Chaiman/CEO who has said that he hopes to pursue an optimal user experience for Nigerian telecoms subscribers as part of his vision as the nation’s telecoms industry regulatory agency’s chief.
Furthermore, Paradigm Initiative (PIN), a non-governmental organisation (NGO) has demanded urgent action from the National Identity Management Commission (NIMC) following an expose of alleged breach of its National Identification Numbers (NIN) database containing personal records of Nigerians by XpressVerify.
Nigeria records indicate that 2.47 million Nigerians have registered for the Bank Verification Number (BVN) in six months, data from the Nigeria Inter-Bank Settlement System (NIBSS) have also shown underscoring the rising adoption of the banking rule.
In other touch points of the tech ecosystem, the United Nations Development Programme (UNDP), an early partner of the 3MTT initiative by Nigeria’s Ministry of Communications, Innovation and Digital Economy (FMCIDE), is willing to support the promotion of digital literacy in the country following the Country Lead official visit to the FMCIDE Minister, Dr. Bosun Tijani during the week.
MTN Nigeria Communications Plc and Globacom Limited have amicably resolved the interconnect debts that pitted the telecoms giants against each other, the telecoms industry regulator, Nigeria Communications Commission (NCC), which stepped into the dispute, has also confirmed the end of the dispute.
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