Sunday, October 19, 2025
24.4 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

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

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

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

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

NCC Says It’s Not Responsible for Monitoring Social Media Content

L – R: Nafisa  Rugga, Head, Digital Media, Nigerian Communications Commission (NCC); Oscar Kalu, Director, Programmes and Organisation, National Civil Society Council of Nigeria (NCSCN); Nnena Ukoha, Head, Corporate Communications, NCC; Reuben Muoka, Director, Public Affairs, NCC; Amb. Blessing Akinlosotu, Executive Director, NCSCN and Dr. Omoniyi Ibietan, Head, Media Relations, NCC, during a courtesy visit by the NCSCN to the Commission to seek areas of collaboration in Abuja recently.

The Nigerian Communications Commission (NCC) has said it is not the regulator of the contents of the social media networks that many stakeholders have complained about.

The submission came during a recent visit of the National Civil Society Council of Nigeria (NCSCN), led by its Executive Secretary, Blessing Akinsolotu, who sought the intervention of the Commission on the worrisome and misleading content of social media platforms.

“We know that NCC, as the regulator of the telecoms industry, has greater role to play in helping to curb the spread of fake news and incendiary contents that Internet users put on social media platforms. Therefore, we want NCC to partner with us in this regard,” he stated.

Akinlosotu said the situation demands immediate intervention of key stakeholders to ensure that the content of the social media and the Internet are credible and enhance national social cohesion.

Director, Public Affairs of the Commission, Mr. Reuben Muoka, who received the group on behalf of the Executive Vice Chairman of NCC, Prof. Umar Danbatta, informed the organisation that Commission’s mandate does not extend to controlling the content of such media platforms.

According to Muoka, the major role of the telecom regulator is to facilitate the deployment of telecom infrastructure that provides different types of telecommunications services, including improving broadband that enhances robust Internet experience, and ensuring fair competition as well as the protecting of telecom consumers.

Muoka said the mandate includes making services available, accessible and affordable for Nigerians who may leverage such access to engage in digital social mediation for the benefit of the individual, businesses, and the nation’s socioeconomic growth.

In the performance of its functions, Muoka said the Commission promotes collaboration and partnerships with different stakeholders such as NCSCN, in creating awareness and promoting access to different categories of consumers in the country. He said the Commission looks forward to furthering collaboration with NCSCN in its efforts to align with the aspirations of users of telecommunications services across the country.

The NCSCN, a member of the United Nations Sustainable Development Cooperation Framework, commended the Commission for its people-oriented and consumer-centric regulatory activities.

The Council also seeks collaboration with NCC to spread messages of the Commission’s consumer enlightenment programmes to Nigerians in the grassroots through its over 100-member Civil Society Organisation (CSOs).

Akinlosotu also invited the Commission to partner with the NCSCN in hosting a conference aimed at tackling the seemingly intractable diffusion of fake news, particularly on social media networks.

 

 

 

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Standard Alliance Insurance Demands N10bn Damages from NIA over Expulsion

Omotayo Awodiya Managing Director/CEO Standard Alliance Insurance Plc Standard Alliance Insurance Plc...

Ortom, NOA DG, Others to Feature as Panelists at GOCOP 2025 Conference

The Guild of Corporate Online Publishers (GOCOP) has announced...

JUSTUS URANTA: From Insurance CEO to His Royal Highness

Dr. Justus Clinton Uranta, the immediate past Group Managing...

Union Bank Partners NCF to Commemorate World Environment Day 2023

As part of its continuous efforts to champion environmental...

GTBank Records 5% Profit Decline in H1 2020

The H1 2020 result of GTBank Plc shows that...

Emirates Celebrates the Spirit of Africa with Latest Brand Campaign

Emirates has launched a pan-African brand advertising campaign that...

NCC Slams N1.17bn Penalty on ETISALAT, Globacom over Poor Quality of Service

NCC Slams N1.17bn Penalty on ETISALAT, Globacom over Poor...

Interswitch Drives Healthcare with Innovative Solution

Interswitch Transnational, Africa’s leading digital payments and commerce provider...
Exit mobile version