Sunday, March 15, 2026
33.3 C
Lagos

Business

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Insurance

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and its subsidiary,...

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Business

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Insurance

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and its subsidiary,...

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

NCC Lists Reasons for Stringent SIM Card Processes

The Nigerian Communications Commission (NCC) has again explained to telecoms consumers on why it reviewed and made the process of replacing lost, stolen or damaged Subscriber Identity Module (SIM) cards more stringent.

The Commission made the clarification while addressing various service-related concerns and issues raised by telecoms consumers during a Consumer Conversation Programme (CCP) hosted by the Commission in Lafia, Nasarawa State at the weekend.

Prof. Umar Danbatta Executive Vice-Chairman Nigerian Communications Commission
Prof. Umar Danbatta
Executive Vice-Chairman
Nigerian Communications Commission

The CCP is designed by the Commission to engage telecoms consumers and educate them on the various consumer-centric initiatives put in place by the Commission to protect their rights and interests while also serving as a feedback mechanism to address consumer concerns.

Speaking at the event, Director, Zonal Operations Department of NCC, Mrs. Amina Shehu, said the Commission has found that, at times, a subscriber may be having issues with his or her phone number, thinking that it is a network issue, but by the time he or she discovers what is happening, money has been fraudulently taken out of his or her bank account.

Shehu, who was represented at the forum by a Principal Manager in the Zonal Operations, Mr. Ekisola Oladisun, said SIM swap or replacement fraud has a lot of issues attached to it because, often times, a lot of people who are not the owners of some numbers go to do SIM swap at various customer centres of the service providers.

“There have been cases of fraudulent activities done on people’s bank accounts, as a result of SIM swap and the victims often complain to the Commission expecting that the NCC would compensate them!

“To stop this SIM swap fraud, the Commission in 2017 developed ‘Guidelines on SIM Replacement’, which sets water-tight rules for telecoms consumers to replace their SIM card when there is a need for it. The Guidelines sets stringent conditions which require that consumers identify themselves properly before replacing lost SIM. This is to ensure that telecoms subscribers are well protected from being victims of SIM swap fraud,” she said.

She stated that the Commission has noted that there is the likelihood by subscribers to think that network providers are putting them through stress to have their SIM replaced, by asking them to bring court affidavit, national identification card (or other valid IDs), SIM pack, amongst other requirements.

“But what telecoms consumers should know is that they must appreciate the fact that all the information being required from them is to establish that anybody coming for SIM swap proves that the number that is being requested to be swapped belongs to him/her,” she said, urging the consumers to immediately report to their respect bank to block their accounts once they lose SIMs that linked with their bank accounts.

At the forum attended by leaders of the communities, trade associations connected to telecoms business, women groups, communications professionals, telecoms service providers as well as representatives of security agencies in Lafia, the Commission also enlightened the consumers on other initiatives of the Commission aimed at protecting the consumers.

These include the activation of the Do-Not-Disturb (DND) 2442 Short Code to curb unsolicited text messages, the NCC toll-free line 622 which consumer can utilise to report complains pertaining to unresolved issues with service providers to the Commission, quality of service issues, billing issues, mobile number portability (MNP) as well as issues revolving around data descriptions and renewals.

Shehu urged the consumers who attended the event “to be ambassadors of the Commission by helping to pass the information and education they have received at the event to other telecoms consumers who may not be aware of such consumer-centric initiatives.”

Hot this week

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Union Bank of Nigeria Marks Int Women’s Month 2026 with Inclusion-First “Give to Gain” Campaign

L-R: Chief Talent Officer, Union Bank of Nigeria, Omayuli...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...

Tinubu Approves Posting of 31 Career, 34 Non-Career Ambassadors

President Bola Ahmed Tinubu has approved the postings of...

Topics

CBN, NDIC, FinTechs Set for 2018 FICAN Conference

The 2018 annual conference of the Finance Correspondents Association...

Beyonic, Accord to Transform Mobile Money in Africa

Beyonic, a technology company that aims to eliminate rampant use of cash in emerging markets, is announcing a partnership with Mobile Accord that will make Beyonic the largest mobile money aggregator in Africa. Beyonic currently operates in Uganda and Kenya, and will leverage Mobile Accord’s expertise in building mobile solutions and relationships with leading mobile carriers to bring Beyonic’s platform to 25 additional countries.

Ecobank Group Named 2021 African SME Bank of the Year

The Pan-African banking group, the Ecobank Group, is the African Banker’s 2021...

Dufil Prima Foods Strengthens Primary Health Care with Donation of Medical Equipment

L-R: Assistant Medical Officer of Health, Rauf Aregbesola Primary...

Access Pensions Surpasses N1tn AUM Milestone

Access Pensions Limited, a subsidiary of Access Corporation, has...

Will Transcorp/GE Partnership Transform Power Sector?

The recent power agreement signing between Transnational Corporation of...

Google Slashes Political Lobbying to $3.8m

Google slashed spending on lobbying by 25.5 percent in...

PenOp Holds Annual Media Parley, Looks to Drive Adoption of Micro Pension

The Pension Fund Operators Association of Nigeria (PenOp) recently...
Exit mobile version