Telecoms and IT

IT Firm Tasks Businesses on Cyber Security

The President of MAXUT Consulting, Michael Odusami, on Wednesday urged businesses and the banking sector to ensure the safety of their online transactions.

Odusami gave the advice during the ``Cyber Security and Banking Fraud Summit 2016’’ held in Lagos.

The summit was organised by MAXUT Consulting, an Information Technology (IT) firm in collaboration with Vasco, an Authentication Company.

He said that online fraud level was increasing; hence, authentication of the online transaction identity had become much important.

MTN Fine: Parliament Probes Whether fine Can be Reduced

Nigeria's parliament has launched a probe into whether the telecoms regulator can reduce a fine slapped on South Africa's MTN for missing a deadline to disconnect unregistered SIM card users, a lawmaker said on Thursday.

According to Reuters, the move might complicate efforts by Africa's biggest cell phone operator to reduce the fine, which had originally amounted to $5.2 billion.

Cybercrime: SWIFT Advises Banks to Review Internal Security

The SWIFT messaging system says it plans to ask banks to follow recommended security practices, following an unprecedented cyber attack on Bangladesh's central bank that yielded $81 million.

A spokeswoman for the group, who preferred not be named, said late on Sunday the Brussels-based SWIFT, would issue a written advisory on Monday asking banks to review internal security.

Society for Worldwide Interbank Financial Telecommunication (SWIFT) supplies secure messaging services and interface software to wholesale financial entities.

NCC Impounds Illegal Broadcast Devices

The Nigeria Copyright Commission (NCC) on Saturday in Enugu impounded illegal broadcast and transmission devices valued at about N3.5 million in Enugu.

The seizure was made when the Anti-Transmission Piracy of the commission raided spots for the devices at Obiagu Road, Achara Layout and Ogui area of the city.

NCC’s Director of Enforcement, Mr Augustine Amodu, told newsmen that the raid followed complaints by Multichoice Company of illegal transmission of its signals to homes by some persons.

Fine: MTN Nigeria Formally Withdraws Case Against NCC

The Chief Executive Officer of MTN Nigeria, Ferdi Moolman, on Friday, said the company had formally withdrawn the court case it filed against the Nigerian Communications Commission (NCC).

Moolman said in a statement in Lagos, that the telecommunications company kept its promise to act in good faith and withdrew the court case.

The statement said that the withdrawal paved the way to continue settlement discussions with the Nigerian authorities, towards an amicable resolution of the matter in the best interests of MTN and Nigeria.

MTN Says Nigeria Lifts Suspension of Regulatory Services

Nigeria's telecoms regulator has restored "regulatory services" to MTN Group , the South African mobile phone operator said on Tuesday.

The Nigerian Communications Commission prevented MTN from raising tariffs and launching promotions in October last year when it fined the company $5.2 billion for failing to cut off 5 million unregistered SIM cards.

African Telecom Towers Firm IHS to Buy Nigerian Rival

Pan-African mobile telecoms infrastructure group IHS has agreed to buy Nigerian rival Helios Towers Nigeria (HTN) for an undisclosed sum, its chief executive has said.

Issam Darwis, who founded IHS, said Africa's largest tower company, which builds and leases mobile telecoms towers in five countries across the continent, will acquire 1,211 towers spread across 34 of Nigeria's 36 states.

IHS will acquire the entire issued share capital of HTN, IHS said in a statement.

Buhari Says MTN in Talks with Nigerian Regulator on $3.9B Fine

South African company MTN is in talks with the telecoms industry regulator in Nigeria to reduce a $3.9 billion fine imposed for failing to disconnect unregistered SIM cards from its local network, Nigerian President Muhammadu Buhari said on Tuesday, Reuters reports.

He made the comment at a joint news conference with his South African counterpart Jacob Zuma at the start of a two-day visit by Zuma.

NCC Says Porting Activities Reduced to 29,515 in January

The Nigerian Communications Commission (NCC) on Tuesday said that telecommunications operators engaged in 29,515 Mobile Number Porting (MNP) activities in the month of January 2016.

This is contained in the `Incoming and Outgoing Porting Activities of Mobile Network Operators' report made available to the News Agency of Nigeria in Lagos.

The report showed that there was a decrease of 5,985 in the MNP activities in the month of January 2016, in contrast to 35,500 activities recorded in December 2015.

FG Says Copyright Laws Inadequate

Abubakar Malami, the Minister of Justice and Attorney-General of the Federation, says Nigeria’s existing copyright laws are inadequate to effectively address emerging challenges of copyright infringement.

He said this at the opening of a stakeholders and right owners’ forum organised by the Nigerian Copyrights Commission (NCC) recently in Enugu.

Malami, who was represented by an Assistant Director in Department of Legal Drafting in the ministry, Mr Godwin Iheabunike, said piracy could only be properly checked with adequate laws.