Showing posts with label technology news. Show all posts
Showing posts with label technology news. Show all posts

Sunday, July 30, 2023

NCC Issues Warning Against Unapproved Phones in Nigeria

In a recent announcement, the Nigerian Communications Commission (NCC) has raised concerns about the use of unapproved mobile devices in the country. The commission highlighted the potential dangers that these devices pose to users and has taken steps to sensitize dealers and sellers to avoid engaging in the sale or purchase of unapproved phones. This article delves deeper into the NCC's warning, the potential risks associated with unapproved devices, and the approved phones list recently updated by the commission.

The Dangers of Unapproved Devices:
NCC has firmly emphasized that the use of unapproved mobile devices can significantly impact users' experiences while also making them susceptible to financial losses and other discomforts. Unapproved phones may lack the necessary quality standards, leading to issues such as poor performance, shorter lifespan, and security vulnerabilities. The commission's Head of Enforcement, Mallam Salisu Abdu, expressed concern over the rampant presence of counterfeit and non-approved phones in the market, which calls for immediate action to protect consumers from potential harm.

NCC's Sensitization Drives:
To tackle the issue at its root, the NCC has initiated sensitization drives to inform cell phone dealers and sellers about the importance of avoiding unapproved devices. Emilia Nwokolo, the director of the Consumer Affairs Bureau of the Commission, stressed that seeking approval from NCC before importing telecom devices is crucial to ensure that the products meet the required standards. Failure to comply with these regulations can result in significant fines and legal consequences for sellers caught dealing with unapproved phones.

List of Unapproved Phones:
As part of its commitment to ensuring consumer safety, NCC has updated the list of unapproved phones. The models identified on this list are deemed unfit for sale and use in Nigeria due to various reasons, including quality and compliance issues. Some of the brands and models on this list include Gionee G800, Gionee L990, H-Mobile it5606+, H-Mobile H351, FoxKong F30, FoxKong F300, KGTEL K2160, and KGTEL KG1100. Consumers are urged to be cautious and avoid purchasing these devices to safeguard their interests and experiences.

NCC's Approved Devices List:
In contrast to the unapproved devices, the Nigerian Communications Commission has an extensive list of approved phones that have met the required standards set by the commission. As of January 2023, approximately 1,891 mobile phones are endorsed for sale and use in Nigeria. The commission continues to evaluate and update this list periodically, and in January 2023 alone, they added 70 new phones, bringing the total close to two thousand. These approved devices come from various reputable brands and offer users a guarantee of quality, performance, and security.

The NCC's warning against unapproved mobile devices serves as a crucial reminder for consumers, dealers, and sellers to prioritize safety and quality. Unapproved phones pose significant risks to users and may lead to financial losses and discomfort. The commission's proactive approach in sensitizing the market and updating the approved devices list demonstrates its commitment to ensuring a secure and satisfying mobile experience for all Nigerians. By adhering to the guidelines set forth by the NCC, users can make informed decisions while purchasing mobile devices and enjoy a seamless communication experience without compromising their safety and well-being.
Source : dailystrust

Friday, July 14, 2023

What to expect in Nigeria Fintech week 2023

The Nigeria Fintech Week (NFW), scheduled to take place from October 24 to October 26, 2023, is gearing up to be one of the most anticipated events in the financial and fintech sectors. With a renewed emphasis on resilience, innovation, and diversification, the event aims to provide a platform for industry leaders, decision-makers, and stakeholders to connect, collaborate, and shape the future of the Nigerian fintech landscape. In this article, we will explore the key highlights and features of NFW23, as well as the significance of the event in Nigeria's rapidly growing tech startup ecosystem.

A Global Gathering of Financial and Fintech Executives:
With over 15,000 financial and fintech executives from more than 80 nations expected to attend, NFW23 will be a melting pot of diverse ideas, expertise, and perspectives. The event serves as a hub for fostering collaboration between cutting-edge fintech firms and established financial institutions in Nigeria. As one of Africa's fastest-growing tech startup hotspots, Nigeria offers a thriving ecosystem for innovation and growth, making it an ideal location for such a gathering.

Resilience, Innovation, and Diversification:
This year's NFW theme, "Resilience, Innovation, and Diversification," underscores the critical need for adaptation and survival in an ever-changing business environment. Fintech companies, banks, insurers, and technological service providers are increasingly recognizing the importance of resilience in the face of disruptive forces. Innovation becomes a key driver for sustainable growth, while diversification helps mitigate risks and seize new opportunities. NFW23 aims to explore these themes and inspire attendees to navigate the evolving fintech landscape effectively.

Exciting Program Highlights:
NFW23 promises an extraordinary lineup of programs designed to engage and enlighten participants. The event will feature renowned keynote speakers, engaging panel discussions, thought-provoking seminars, exclusive roundtable conversations, distinctive product pitches, and exhibition booths. These offerings provide a unique platform for attendees to exchange ideas, share insights, and forge meaningful connections.

Opportunities for Corporate Brands:
NFW23 provides tailored features for corporate brands, offering them avenues for product promotion, increased brand exposure, and publicity. The event allows for the introduction and display of cutting-edge technologies, accelerated customer acquisition, collaborative solution development, and opportunities for business-to-business (B2B) and business-to-consumer (B2C) partnerships. Additionally, NFW23 offers media engagement opportunities, further enhancing brand visibility and reputation.

TechSpark: Empowering the Next Generation:
NFW23 is excited to bring back TechSpark, a full-day hands-on workshop aimed at students. This initiative focuses on developing technical skills and nurturing tech-enabled enterprises. TechSpark will be hosted on university campuses, fostering a direct connection between aspiring young entrepreneurs and industry experts. By empowering the next generation of fintech leaders, NFW23 aims to contribute to the long-term growth and sustainability of the Nigerian fintech ecosystem.

Sponsors and Ecosystem Partners:
NFW23 has garnered the support of prominent sponsors and ecosystem partners, including Zenith Bank, Huawei, MasterCard, Banwo & Ighodalo, NIBSS, SEC, NCC, and Proshare. These partnerships reflect the significance of NFW as a flagship event that attracts key stakeholders, regulatory bodies, and industry players who shape the future of the fintech sector.

Conclusion:
The Nigeria Fintech Week 2023, with its focus on resilience, innovation, and diversification, is set to be a transformative event for the fintech industry in Nigeria and beyond. By providing a platform for collaboration, knowledge sharing, and networking, NFW23 aims to foster a vibrant ecosystem that supports the growth and development of fintech companies. As the event draws closer, the excitement builds, and industry players eagerly anticipate the opportunities that lie ahead at NFW23.

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