Telecoms and IT

CPC Clamours for Entrenchment of Guarantee, Warranty Policy

The Consumer Protection Council (CPC) on Monday berated businesses operating in the country for their failure to live up to implied or specified guarantee and warranty for the products and services they offer. The Council also observed that the success of the drive of the country to diversify its economy will hinge on the quality of products and the entrenchment of guarantee and warranty in the country’s business culture.

Apple Denies iPhone Price-fixing

Apple has rejected accusations from Russia's state competition watchdog that it fixed iPhone prices, BBC reports.

The Federal Anti-Monopoly Service (FAS) said it was investigating "signs of price-setting coordination" among iPhone resellers following a complaint from a member of the public.

Apple told Reuters it did not control its products' pricing.

"Resellers set their own prices for the Apple products they sell in Russia and around the world," it said.

U.S. Trains Nigerian Officials on Implementation of Cybercrime Law

The U.S. on Monday in Abuja commenced the training of 100 Nigerian public officials on the implementation of Nigeria’s cybercrime law.

In the first week, U.S. government officials will train over 50 Nigerian investigators and prosecutors to strengthen cybercrime first responder and digital evidence skills.

The training will also review international cooperation, cyber security strategies and civil liberty issues.

Nigeria to Explore New Opportunities in Gas, Technology to Resuscitate Economy

President Muhammadu Buhari Thursday in Abuja said his administration will continue to welcome innovative ideas in the gas, technology and agricultural sectors to reposition the economy.

Receiving the Letter of Credence of the High Commissioner of the Republic of India, Mr. Nagabhushana Reddy, at the State House, President Buhari said Nigeria will strengthen cooperation with the Asian country on education, technology transfer and military training.

Consumer Abuse Investigation: MultiChoice Complies With All Orders

The Consumer Protection Council (CPC) recently patted MultiChoice Nigeria at the back for the company’s compliance with all its Orders given after the conclusion of its investigation into the activities of multinational’s Digital Satellite Television (DStv).

The Council also declared that its intervention into the activities of businesses through its sectoral investigation is to engender consumer confidence and to make genuine businesses more profitable.

NCC, CBN Collaborate to Boost Mobile Financial Services

The Deputy Governor, Operations, Central Bank of Nigeria (CBN), Suleiman Barau, has stressed the need to adopt measures to curb security breaches in the implementation of the Mobile Money Scheme (MMS) as well as strengthen the services of telecommunication companies in the country.

Barau stated this in Abuja recently when he paid a courtesy visit to the Executive Vice-Chairman, Nigeria Communications Commission, Prof. Umar Danbatta.

MTN Names Vodafone Europe Head as New CEO

South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk management background less than two weeks after it agreed to a $1.7 billion fine to settle a dispute in Nigeria, Reuters reports.

Rob Shuter, a South African national with a background in accounting, replaces Sifiso Dabengwa, who resigned last November after Nigeria imposed the fine, the latest in a series of disputes exposing governance issues at Africa's biggest mobile phone operator.

Microsoft to buys LinkedIn for $26b

Microsoft is buying the professional networking website LinkedIn for just over $26bn (£18bn) in cash, BBC Reports.

The software giant will pay $196 a share - a premium of almost 50% to Friday's closing share price.

The deal will help Microsoft boost sales of its business and email software.

Microsoft said that LinkedIn would retain its "distinct brand, culture and independence".

NCC to Embark on Nationwide Raid of MP3 Dealers

The Director- General of the Nigerian Copyright Commission(NCC), Afam Ezekude, says the commission will soon embark on a nationwide raid of MP3 dealers and outlets across Nigeria.

Ezekude who spoke to the News Agency of Nigeria in Abuja on Friday, said; ``we are set to clamp down heavily on pirates who deal in MP3 across the country’’.

``It is a relatively new form of piracy, and it will no longer be business as usually for people who download and sell other people’s music using the MP3.

MTN Agrees to Reduced ₦330b Nigeria Fine

MTN Group has agreed to pay a reduced fine of 330 billion naira ($1.67 billion) in a settlement with the Nigerian government, it said on Friday, sending shares in the South African telecoms provider soaring.

According to Reuters report, the fine will be paid over three years and is smaller than the $5.2 billion sought by Nigeria last October for failing to deactivate more than five million unregistered SIM cards on its network.