Telecom
NCC Now Prioritises IT Innovations- Juwah
Nigeria Communications Commission (NCC), the nation’s apex telecoms regulator has shed more light on its role in the IT innovation promotions across the country.
Dr. Eugene Juwah, executive vice chairman/CEO of NCC said at NITRA seminar in Lagos that from a regulatory point of view, innovation is key to the telecom industry.
Juwah who spoke through Mr. Mike Onyia, an executive commissioner at the NCC said that after the initial discoveries and development in the telecom sector, it is innovation that has catapulted growth in the sector to the height that it is achieved today.
According to him, innovation in the industry is also an attribute that is not exclusive to nations or states.
He cited the ready examples of uncountable number of apps developed in different parts of the world, riding on all available networks or platforms, have shown that innovation is driving the industry.
He therefore said, they were pleased to join NITRA in this special occasion, which designed to enhance the skills of the ICT journalists in reporting the dynamic ICT industry.
The EVC said: “Building capacity of ICT reporters and editors to understand and report the industry more accurately in a more simplified manner for the stakeholders, especially the consumers, is very dear to the heart of the Nigerian Communications Commission.
“The theme of the particular seminar, Engendering Local Innovation in the Nigerian Telecom Sector, is equally as thought provoking as it will be exciting”.
He expressed hope that outcome of the seminar would be a basis for the regulator to appraise her performance in imbibing the culture of innovation through regulatory processes and tools.
“The outcome will also provide a basis for the regulator to measure potentials and prospects of achieving remarkable innovation in the industry.
“You may be aware that the Commission has adopted technology neutrality in its licensing process. The reason for this is to provide opportunity for creativity and innovation in the provision of services. Restriction of service to specific technologies may not allow for innovation.
“Provision of choice with the entry of multiple providers, and encouraging competition using regulatory tools is also designed to encourage local innovation in the provision of services. It is well known that innovation provides mutual benefit to bother the service provider and consumer of the service.
“You may have heard stories about how regulators in other African countries have been visiting the Commission to learn from our experience successful regulation of the industry.
“This success is measured in terms of how we have managed to used innovations surmount our local environment, which otherwise would have been overwhelmed by many extraneous factors”.
He said that the Commission will therefore continue to encourage innovations in all aspects of the industry.
“It is also appropriate to predict that when broadband services become very much available in Nigeria as planned, it will also come with inevitable push for more innovations in the ways services are delivered today.
“Thus, innovations in the ICT industry may have contributed to the way you practice your profession as journalist. It is evident that today’s journalists have found life much more easier in performing their jobs as a result of innovations that have been achieved, than their colleagues of 20 years ago”.
He restated the impact of innovation local telecom industry and would continue to do so today and in future.
“I wish to commend Etisalat, who we are told, is sponsoring this particular seminar series for this quarter, and we hope that other service providers will borrow a leaf from Etisalat in deepening capacity and skills of the members of the fourth estate of the realm.
“Let me also commend the leadership of NITRA for evolving this profound programme that will definitely equip members for better performance. We are delighted to be part of this event as we are committed to supporting the ICT reporters in similar endeavours which we have provided from time to time,” Juwah said.
News
NITDA Communications Director Hadiza Umar Named in 2026 PR Power List, Graces Glazia Magazine Cover
Mrs. Hadiza Umar, Director of the Corporate Communications and Media Relations Department at the National Information Technology Development Agency (NITDA), has been officially recognised as one of Nigeria’s top public relations professionals in the prestigious 2026 PR Power List.
The definitive annual list, compiled by GLG Communications in partnership with The Guardian, was unveiled to commemorate World PR Day.
It celebrates 50 outstanding professionals within Nigeria and the diaspora whose strategic communication strategies have significantly shaped organisations, influenced public discourse, and advanced the profession over the past 12 months.
Adding to the momentous milestone, Mrs. Umar was hit with a major surprise at the exclusive PR Power List Soirée and Awards ceremony held at the Alliance Française in Ikoyi, Lagos, where she was unveiled as a front-cover personality for the Glazia Magazine PR Power List Special Issue.
The double recognition highlights her exceptional distinction and impact in public sector communications and narrative management.
Speaking on the dual achievement, Mrs. Umar expressed profound gratitude for the honours, describing the magazine cover appearance as a breathtaking surprise.
“I am deeply humbled and honored to be recognized on the 2026 PR Power List and to feature on the cover of Glazia Magazine alongside other exceptional industry titans,” Umar said.
“This milestone is a testament to the enabling environment and visionary leadership of the Director General of NITDA, Kashifu Inuwa Abdullahi, CCIE, which has allowed us to strategically drive the narrative of Nigeria’s digital economy and technological innovation.”
Mrs. Umar, a highly respected corporate communications strategist, holds professional fellowships in the Nigerian Institute of Public Relations (Chartered), the African Public Relations Association (APRA), and the Institute of Corporate Administration (CICA).
Under her supervisory role, NITDA’s media relations have consistently projected national information technology frameworks, start-up support frameworks, and digital literacy initiatives, to position Nigeria competitively on the global stage.
The 2026 PR Power List selection process involved a rigorous, independent evaluation led by a distinguished international jury.
The organisers noted that the class of 2026 represents professionals raising the standard of strategic communications and introducing new ideas to the industry.
The need for Nigeria to think outside the box in its need to drive towards global relevance with innovations and scientific developments will be on the front burner at the NITRA Innovative & Scientific Conference scheduled to hold on Thursday July 23, 2026 in Ikeja, Lagos.
NITRA
The Nigerian Communications Commission (NCC) will lead other delegates to discuss and take far-reaching decisions at the event, which has its theme as “Bridging Nigeria’s Digital Divide With Scientific Innovation”.
Other companies that have indicated interest in partnering with NITRA include mobile communications company, Tecno; Africa’s premier end-to-end AI solutions company, Hyperspace; and telecommunications data infrastructure company, Digital Realty.
Speaking on the proposed event, the Chairman, Nigeria Information Technology Reporters Association (NITRA), Chike Onwuegbuchi noted that the event will seek to create a platform for government and private organisations to deliberate on policies around scientific innovations in Nigeria, challenges, place of indigenous and foreign collaboration, roles of each stakeholder, and grassroots development in that regard, among others.
According to him: “The Federal government, with series of programmes and partnerships, has established the urgent need to create an ecosystem that thrives on scientific innovation, breeding institutions and individuals with a target of placing the country at the fore-front of Next-Gen development.
It is a known fact that digital and scientific innovations are crucial, not only to the survivability of a nation, but also to the sustainability of its growth and development, with significant effect on economic strength, global image, defense and security, government capabilities to function, and public health and safety, communication and digital footprint, among others.
The federal government is actively driving scientific innovation to foster economic diversification and build a $1 trillion economy by 2030. Efforts are heavily focused on commercializing research, establishing massive research funds, and funding strategic infrastructure, particularly in technology, biotechnology, and healthcare. Core government initiatives and policies include the newly instituted National Research and Innovation Development Fund (NRIDF), which aims to mobilize about $500 million annually to support research and the commercialization of scientific outputs; and the Nigeria Genomic City, a multi-ministerial initiative aimed at transforming Nigeria into a leading hub for genomics, precision medicine, and biotechnology. It is designed to protect indigenous data, stimulate artificial intelligence in health, and develop a highly skilled scientific workforce.
According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, the forum will also be a vehicle to propagating the views of decision makers to the public, thereby furthering the cause of public awareness and information dissemination on the topic.
The focus, he said will be on how Nigeria can sustain digital innovative growth and scientific development in Nigeria
The board of global payments company, PayPal, says a 53 billion dollars takeover offer from financial technology firm, Stripe, and private equity company, Advent International, does not adequately reflect the company’s long-term value.
PayPal
According to reports, the proposed acquisition, valued at 60.50 dollars per share, remains under consideration, with the board yet to formally respond to the offer.
The directors are said to be evaluating not only the financial value of the proposal but also the structure of the financing, the timeline for completing the transaction and the likelihood of obtaining regulatory approvals.
They are also considering the possibility of competing bids emerging.
Although the offer represents a premium of about 28 per cent above PayPal’s recent share price, the board believes the company could deliver greater value to shareholders if its ongoing turnaround strategy succeeds.
Following reports of the bid, PayPal shares gained about two per cent to close at 56.73 dollars.
Sources familiar with the discussions said Stripe and Advent have secured approximately 50 billion dollars in debt financing from JPMorgan and Morgan Stanley, while both firms would jointly contribute 17 billion dollars in equity.
Under the proposal, the two companies would jointly own PayPal instead of dividing its operations.
PayPal, Stripe, Advent International, JPMorgan and Morgan Stanley have all declined to comment on the proposed transaction.
The discussions come as PayPal seeks to strengthen its business after years of increasing competition from rivals including Apple Pay, Google Pay and emerging financial technology firms.
The company, which was valued at about 360 billion dollars in 2021, now has a market capitalisation of approximately 36 billion dollars.
Since assuming office as Chief Executive Officer in March 2026, Enrique Lores has embarked on a restructuring programme aimed at improving operational efficiency and restoring growth.
The restructuring includes the creation of three business divisions comprising Checkout, Venmo and Consumer Financial Services, and Payments and Crypto.
The company is also targeting 1.5 billion dollars in cost savings through the deployment of artificial intelligence technologies.
PayPal’s latest financial results indicated signs of recovery, with first-quarter revenue rising seven per cent year-on-year to 8.35 billion dollars, while total payment volume increased by eight per cent to 464 billion dollars.
If approved, the transaction would combine two of the world’s largest digital payments companies.
The combined business would process an estimated 3.7 trillion dollars in annual payment volume, significantly strengthening its position in the global online payments market.
However, analysts expect the proposed acquisition to face intense regulatory scrutiny because of the companies’ combined market share in merchant payment services.
To address possible antitrust concerns, the bidders have reportedly considered options, including separating PayPal’s Braintree business or other assets if required by regulators.
Sources said Stripe and Advent remain interested in pursuing the acquisition despite the board’s reservations, although negotiations are expected to continue.
Market observers are also awaiting PayPal’s earnings report scheduled for July 28 for further indications of the company’s financial recovery and future growth prospects.
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