Category Archives: Technology

MTN secures N200 billion loan for telecoms expansion drive

Telecommunications Company, MTN Nigeria, has secured a N200 billion medium-term loan agreement from a consortium of 12 Nigerian banks.This comes as the firm winds down next year, the repayment of a previously syndicated loan of N329 billion borrowed in 2013 for capital expenditure and working capital, to which it had kept to the servicing agreements.

The loan deal, which was sealed yesterday in Lagos, is to allow MTN expand its services to other parts of the country, especially the underserved and unserved areas.This development is coming three weeks after The Guardian had exclusively reported a 35 per cent dip in rural telephony expansion in Nigeria as a result of drop in investment.

See 11-Year-Old Boy Who Hacked Government Website, Changes Election Results In 10 Minutes

An 11-year-old boy managed to hack into a replica of Florida’s election results website in 10 minutes and change names and tallies during a hackers convention, organizers said, stoking concerns about security ahead of nationwide votes.

The boy was the quickest of 35 children, ages 6 to 17, who all eventually hacked into copies of the websites of six swing states during the three-day Def Con security convention over the weekend, the event said on Twitter on Tuesday.

US officials Prohibited from using ZTE and Huawei Devices

The President of the United States has just signed the Defense Authorization Act into law that prohibits any US official to use a device by ZTE or Huawei. The ban includes any devices that handle user data, which is basically every product of the two Chinese manufacturers.

The document also states that employees, companies, agencies, and contractors must get rid of their current devices and replace them.

MTN Giving Out Free 100MB To Their Customers – Details

Friends I’m happy to announce that mtn is currently giving some of their customers free 100mb worth of data. Some people are testifying that MTN surprisingly wired free 100MB to their phone this morning.

Some people on whatsapp tested, some said they didn’t get anything while few got it.

How data reference technology aids credit applications

As the local banks embrace retail credit business to deepen their retail portfolios and fend off stiff competition from FinTech lenders, more Nigerians are embracing pay day loan schemes to manage their transactions.

A payday loan is a short-term, typically 14-day, cash loan.

The consumer typically writes a personal cheque to the payday lender (or authorizes the electronic equivalent) for the amount borrowed plus the finance charge.

‘Limited infrastructure putting pressure on QoS’

Prof. Umar Garba Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC), spoke with journalists on several key industry issues, including the increasing interconnect debt, challenges confronting broadband deployment, MTN listing, among others. He stressed that the Commission was working to ensure subscribers get good telephony service, but that limited infrastructure remains a major challenge. ADEYEMI ADEPETUN, Head, Communications and Technology, who was there, presents the excerpts.

Despite NCC’s efforts, poor quality of service remains. When will consumers have respite?

FG partners Chinese firm on smart classrooms, digital education

The Federal Government of Nigeria has announced its partnership with a Chinese technology firm, NetDragon Websoft Holdings, targeted at establishing digital education institute and provision of smart learning classrooms across the country.
The Senior Special Assistant to the President on Sustainable Development Goals, Princess Adejoke Orelope-Adefulire, disclosed this on Monday in a statement by her media assistant, Desmond Utomwen.

According to the Presidential Aide, the Smart Classrooms and Digital Education initiative, which will be implemented in partnership with a Chinese Digital Technology giant, NetDragon Websoft Holdings Limited is in line with the commitment of the government to continue to provide quality education to Nigerian children as stipulated in Goal 4 of the Sustainable Development Goals (SDGs).

Regulator mulls adjustment in ITR, LTR to tackle call masking menace

As part of measures targeted at curbing the influence of call masking, SIM boxing menaces in the telecoms sector, the regulator-Nigeria Communications Commission (NCC) has not ruled out major adjustment to both International Termination Rate (ITR) and mobile Local Termination Rate (ITR).

This is even as the NCC had given approval to five companies to present the evidence of the design of their software and equipment that could detect and prevent interconnect traffic bypass and SIM boxing activities through a ‘Proof of Concept’ approach, which is about to be completed.

A masked call happens when an international calling number (Caller Line Identity) is masked as local number traffic.