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...

USPF Scribe Applauds ITU, UK-FCDO’s Partnership on Nigerian Rural Connectivity

L-R: Representative of the United Kingdom Foreign, Commonwealth & Development Office (UK FCDO), Udoh Indogesit; Nigeria National Consultant, International Telecommunication Union (ITU), Ogundipe Olubunmi; Permanent Secretary, Federal Ministry of Communications, Innovation and Digital Economy (FMoCIDE), Faruk Yabo; Hon. Minister, FMoCIDE, Dr. Bosun Tijani; Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission, Dr. Aminu Maida and Secretary, Universal Service Provision Fund, Yomi Arowosafe, during the Industry-focused Stakeholders Engagement Session organised by the USPF of the Commission in collaboration with ITU and UK FCDO in Lagos.

The Secretary of the Universal Service Provision Fund (USPF) of the Nigerian Communications Commission (NCC), Mr. Yomi Arowosafe, has commended the International Telecommunication Union (ITU) and the United Kingdom Foreign, Commonwealth & Development Office (UK FCDO), for their collaboration with Nigerian government to deepen rural connectivity for socio-economic development of the country.

Arowosafe gave the commendation at an Industry-Focused Stakeholders Engagement Session which was organised in Lagos over the weekend by the USPF in in collaboration with the UK FCDO and the ITU. The session built on USPF’s ongoing efforts to facilitate the achievement of wide network connectivity coverage in unserved and underserved communities across Nigeria.

The event was attended by the Hon. Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani; the Permanent Secretary of the Ministry of Communications, Innovations and Digital Economy, Faruk Yabo; the Executive Vice Chairman of Nigerian Communications Commission, Dr. Aminu Maida; Chief Executives of telecommunications companies, State ICT commissioners, notable industry players, trade associations, development partners, key speakers, distinguished guests and staff of both NCC and the USPF.

The Minister spoke on the commitment of President Bola Tinubu to provide enabling policy directions and initiatives towards ensuring greater connectivity in Nigeria to transform the socio-economic development of Nigeria while the NCC boss, Maida emphasised the Commission’s resolve to continue to back all USPF projects through effective regulatory measures that help in accelerating deployment of necessary digital infrastructure that support the achievement of the Federal Governments’ priority areas and ministerial blueprint.

Speaking at the event, Arowosafe said the engagement reflected the USPF’s shared vision and commitment to expanding inclusive connectivity and that the presence of all other stakeholders at the event underscored the vital role of collaboration in achieving the goal.

He said the theme of this workshop, “Fostering Connectivity in Unserved and Underserved Communities: Collaborating for Sustainable Growth” highlighted  government’s dedication to bridging the digital divide, in alignment with NCC’s Strategic Focus Areas, the Ministry’s Strategic Blueprint, and Presidential Priority Areas.

“Together, we have the power to create sustainable and inclusive pathways to ensure no community is left behind. Achieving this requires strong partnerships among government, private sector, non-governmental organisations (NGOs), development partners, and community leaders. By sharing insights and resources, we can design tailored solutions that address both immediate and long-term connectivity challenges,” he said.

The USPF Secretary stated that ahead of the session, the USPF gathered input from stakeholders through questionnaires. He said the responses obtained shaped the panel discussions, focused on key strategies to foster connectivity through collaboration and partnerships, strengthen capacity building and security, and explore innovative funding mechanisms for sustainable connectivity.

He said the engagement, thus, offered a platform for robust dialogue and practical solutions that address our unique challenges and help improve telecommunications access in underserved regions, while encouraging participants to actively participate, share their expertise, and contribute to shaping outcomes that will strengthen the nation’s digital ecosystem and improve the lives of all Nigerians.

“This event marks the beginning of a collective journey toward a more connected, inclusive, and prosperous Nigeria. USPF is proud to lead this effort, and we look forward to what we can accomplish together,” he said.

 

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

GT Bank Sponsors 2018 Lagos Int Polo Tournament

Some of the most renowned indigenous and international polo...

Agricultural Productivity: NIRSAL Empowers over 2,000 Farmers in 4 States

NIRSAL's Ibrahim Suleiman taking the first Lecture in Owerri,...

Lufthansa Cargo to Off-load 800 Staff

German-based Lufthansa Cargo is planning to cut around 700-800...

Insurance & Pension Editors of Nigeria Visits ARIAN

  L-R: National Adviser, Association of Registered Insurance Agents of...

Lion’s Den: Ecobank Partners Ultima Studios to Support Entrepreneurs

Ecobank Nigeria says it is partnering Ultima Studios...

Accra Institute of Technology Unveils Scholarship Program for ECOWAS Students

The Accra Institute of Technology (AIT) has announced the...

Red Star Express Restates Education Strategy, Awards Scholarships

Red Star Express Plc has restated the strategic importance of primary and grassroots education as a catalyst for overall economic growth and long term improvement of life. The Managing Director of Red Star Express, Mr. Sule Bichi made the comment at the scholarship Awards presentation ceremony at Unity Grammar School and Mafoluku Grammar School, as part of its Corporate Social Responsibility (CSR) in Lagos.

PwC Report: African Retail Prospects Remain Positive

Africa’s economy has seen modest growth in the wake...
Exit mobile version