Telecom
CVDB Goes Live on ICS BANKS Universal Banking Solution from ICSFS

Cities and Villages Development Bank (CVDB) has gone live in a record time of five months, on ICS BANKS Universal Banking software solution from ICS Financial Systems (ICSFS); the global software and services provider for banks and financial institutions.
The Cities and Villages Development Bank is a publicly owned bank that finances Jordanian municipalities for the development of their infrastructure. CVDB provides long-term financing to establish both; services and productivity projects, through the local councils.
The bank administrates and guarantees loans held between the councils and any other party, to support and provide the councils with essential services.
The Bank continues as well to contribute to the development process of the local councils, by providing adequate funds, experiences, services, technical and administrative skills within the government’s effort in developing and reforming the municipalities.
Osama Al Azzam, Cities and Villages Development Bank (CVDB), Director-General; commented: “Today, we focus on the digital transformation of the fundamental functions of the bank to achieve our vision of: “a smart development bank that promotes sustainable local development.”
As a long-standing public bank, one of the challenges we face is shifting our traditional business structure to digital. After the profound business and technological advancements provided by ICS BANKS from ICSFS, I am able now to say that we are now riding the digital transformation wave.”
CVBD supports local development projects by providing the necessary financing, banking services, consultancy, and technical support.
CVDB supports as well the capacity building of local authorities and interested parties through servicing and investing in development projects, and encouraging partnership between the public and private sectors, to improve the authenticity of the local communities.
Robert Hazboun, Managing Director of ICSFS, stated: “We are content to announce another milestone achievement; CVDB’s implementation project started during the second quarter of this year and went live during the fourth quarter of the same year.
“With our full support, CVDB will be utilising ICS BANKS holistic software suite’s innovative products and services to support the local council’s projects and mobilise their local and foreign financial resources. We assure CVDB that by operating on our innovative technology, they will soon see improvements across their ecosystem.”
ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide.
ICS BANKS software suite future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experience, hence improving the trust and confidentiality between the customer and the bank.
ICS BANKS has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system can be deployed on-premises or on the cloud.
Telecom
Suspend 50 Percent Telecom Tariff Hike, Reps Urge NCC

House of Representatives on Tuesday directed the Nigerian Communications Commission (NCC) to suspend the recent 50 per cent hike in telecommunication tariffs.
The lawmakers cited the economic hardship being experienced by Nigerians owing largely to the removal of fuel subsidies.
The decision of the House was a sequel to the adoption of a motion of urgent public importance sponsored by Oboku Oforji, a member of the Peoples Democratic Party from Bayelsa State, during Tuesday’s plenary.
Titled, ‘Need for the Nigerian Communications Commission not to approve the impending hike in the telecommunications tariffs,” Oforji argued that though the telecommunications companies premised the hike on rising operational costs and the need for better service delivery; he noted that Nigerians were already going through a lot, just to put food on the table.
He said, “The House is aware that telecommunications companies have been advocating for the hike for the last eleven years. The Association of Licensed Telecom Operators of Nigeria and the Association of Telecommunication Companies of Nigeria argued that the telcos need cost-reflective tariffs in the face of adverse economic realities like record inflation of 34.6 per cent in November 2024 and losses resulting from foreign exchange fluctuations.
Oforji reminded his colleagues that “The National Association of Telecoms Subscribers has rejected the proposed increase in tariffs, describing it as insensitive and a further burden on consumers already grappling with economic hardship, and poor network service delivery.
“The telecommunications companies must improve on their service delivery (poor network), which Nigerians have been yearning for for years, before embarking on the increase in their tariffs.
“The far-reaching effects of these price hikes will deepen financial struggles for the average Nigerian, threaten the country’s vision of leveraging technology to drive economic revival, exacerbate poverty and widen existing inequalities, hitting lower-income families the hardest.”
He added, “Affordable connectivity is a must for progress in critical sectors like digital banking, education, healthcare, agriculture and e-governance, stressing that “Informal sector workers who depend on affordable mobile data to access gig work opportunities may find it harder to stay connected.”
He further argued that small businesses “which rely heavily on affordable telecommunication for operations, marketing, and customer engagement, will face additional financial burden, noting that “It is estimated that a 10 per cent increase in telecommunications costs would reduce small business profitability up to 7 per cent, potentially leading to the closure of businesses.”
In his contribution, Dominic Okafor, a member of the All Progressives’ Grand Alliance, justified the increment, noting that without the hike in tariff, service providers might find it difficult to deliver consumer satisfaction to millions of Nigerians.
“For these telecom service providers to improve their performances, they need to make money to make further investment in infrastructure but this increment should not go as high as 100 per cent,” he said.
Okafor’s position was however countered by Billy Osawaru, a federal lawmaker from Edo State, who called on the service providers to first improve the quality of their services before coming up with a hike in tariff.
“Why is it that when things go wrong in this country, the poor people must suffer? First, it was electricity tariff, now it is the turn of the telecom companies. Nigerians must enjoy these services.
“In the developed world, people are not used to carrying two mobile phones but this is the practice here. The thinking is if there is no service in one, you might be lucky with the other one. I believe that this increase in tariff should wait until services improve,” he said.
Following the adoption of the motion, the House urged the Minister of Communications, Innovation and Digital Economy and the Nigerian Communications Commission to suspend the impending hike in telecommunications tariffs until their service improved.
Telecom
NASENI CEO Mandates Institutes to Use Agency’s Technologies and Products

There is a popular adage, which says, ‘Charity begins at home’. This statement sat appropriately with the new policy unveiled at the weekend by the Management of the National Agency for Science and Engineering Infrastructure (NASENI), directing all Development Institutes of the Agency to henceforth patronize themselves first, to ensure collaboration and to enhance the drive toward full commercialization of products and technologies from the Agency.
The policy approved by the Executive Vice Chairman/CEO, Mr. Khalil S. Halilu, highlights the importance of internal endorsement and usage of the Agency’s products to build market credibility and strengthen internal collaboration, coming as a critical step toward increasing the adoption and success of NASENI innovations in external markets.
Through an internal memo sent to all Acting Managing Directors and Overseeing Officers of NASENI Development Institutes across the country, dated 31st January 2024, the new policy called for inter-institute patronage to support commercialization strategy of the Agency.
The directive is requesting the 11 Development Institutes of NASENI with other emerging ones to patronize one another’s technologies, machines, equipment and innovations first as permitted by the procurement laws, before such products are released to external markets.
According to the circular, the new commercialization drive aims at enhancing inter-institute collaboration to support the commercialization of innovations developed within NASENI institutes, foster patronage and strengthen the overall strategy of the Agency’s products and solutions.
Also, the new policy which encourages active promotion, integration and utilization of products developed within the NASENI ecosystem will not only boost the internal confidence of the Agency’s products but will also help to refine them through real-world applications before being introduced to external markets.
Some key components of the policy include:
Mandatory Product Integration:
This requires all institutes to prioritize products developed within NASENI in their procurement plans, such as NASENI-branded laptops, especially in cases where procurement budgets allow. This initiative aims to create a consistent internal promotion of NASENI innovations.
Internal Pilots and Testing: Each institute will implement internal pilot programs to test products in real-world settings, providing valuable feedback for further product refinement.
Inter-Institute Product Showcases: Bi-annual events will be organized for institutes to showcase their innovations, share insights, and collaborate on integration opportunities. Also, Institutes are encouraged to create mini-showrooms in key urban locations to exhibit both their products and other NASENI innovations.
Promotion of Cross-Institute Training: Training sessions will be conducted across institutes to equip staff with the skills necessary to use and promote products from other institutes effectively.
Internal Endorsement and Support for Partnerships: Internal leadership will endorse the usage of NASENI’s products, enhancing market credibility for external commercialization. Institutes are encouraged to prioritize products from existing partnerships like the NASENI-IMOSE collaboration.
Reporting and Evaluation: A review mechanism will be put in place to monitor the progress and challenges related to product adoption. Regular reports from each institute detail product usage, feedback, and challenges faced, aiding continuous improvement.
According to the new policy, it is expected that Stronger Internal Confidence is built to enhance internal usage and validation of products, making them more attractive for external markets, enhanced collaboration, foster a collaborative culture amongst institutes and facilitating support for one another’s innovations.
Other expected outcomes are: External Commercialization Model for Successful internal integration expected to provide a reliable model for external adoption and Improved Product Development for feedback, ensuring products meet high standards before market introduction.
Telecom
Vitel Wireless Makes History as First MVNO to Get Mobile Number Series

Vitel Wireless, a mobile virtual network operator (MVNO) has made history as the first operator in Nigeria to be allocated a mobile number series by the Nigerian Communications Commission (NCC).
MVNO is a telecommunications company that leases network capacity from another mobile network operator (MNO) and then resells it to consumers.
MVNOs offer wireless services like mobile network operators, but they don’t own the physical network infrastructure.
NCC in a statement, it noted that the allocation of the 0712 mobile number series marks a significant step in Nigeria’s evolving telecom landscape.
“The Nigerian MVNO market has historically been tightly regulated, with only a few players entering under stringent licensing requirements. Vitel’s emergence as a fully licensed MVNO, complete with its own number series, highlights the country’s growing openness to competitive and innovative telecom solutions aimed at improving service delivery and accessibility,” the statement read.
Reacting to the development, Kenneth Nwabueze, chairman and CEO of Vitel Wireless, said the company’s acquisition of its unique mobile number series, 0712, demonstrates the trust and confidence of the NCC in the company’s vision and readiness to serve the Nigerian market.
“As part of its international readiness, Vitel was also issued by NCC its own international routing code, enabling seamless international connectivity and positioning the company to offer high-quality global telecommunications services.
“Having successfully met all government regulatory requirements, Vitel Wireless is now prepared for a smooth market entry and poised to launch innovative, affordable and customer-focused services across Nigeria,” he added.
Going forward, he said the company has a focus on leveraging the latest technology, offering tailored solutions that meet the diverse needs of individuals and businesses.
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