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Danbatta Pledges Support to New WATRA Leadership

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Prof. Umar Danbatta, executive vice chairman (EVC) of the Nigerian Communications Commission (NCC), has promised the new leadership of the West Africa Telecommunications Regulators Assembly (WATRA) of the unflinching support of the Commission towards advancing the socio-economic agenda of the Assembly for the sub-region.
Danbatta gave the pledge during a recent courtesy visit of the new executives of WATRA, led by its new Chairman, Sekou Oumar Barry of the Republic of Guinea. Barry came to vist Danbatta in company of the first and second Vice Chairmen of the Assembly, representing Mali and Sierra Leone respectively; as well as the Executive Secretary of WATRA, Aliyu Aboki, among others.
“In my capacity as the immediate past Chairman of WATRA, I promise my commitment to always share ideas with the new leadership of WATRA towards consolidating the successes so far recorded by WATRA under my leadership.
“I will give advice that will make you succeed as a friend and not the one that will undermine your authority,” Danbatta said, while welcoming the WATRA team in his office.
Speaking further, the EVC urged the new WATRA chairman to ensure diligent implementation of the new Strategic Management Plan (SMP) 2022-2024 developed for WATRA. The EVC also emphasized that the strategic vision plan is expected to guide the activities of the Assembly over the next years.
According to Danbatta, the past one year of his tenure as former chair of WATRA has been eventful with a lot measures put in place towards deploying the power of Information and Communications Technology (ICT) for advancing socio-economic development of the sub-region.
Danbatta acknowledged the important role WATRA has been playing in creating policy, legal and regulatory frameworks in the sub-region since the mid-1990s and commended the synergy among member states that has resulted in significant growth to the ICT ecosystem.
“I would like to congratulate my dear brother, Sekou Oumar Barry, on your emergence as the new WATRA chairman and to express, in very clear terms, our commitment as NCC and in my capacity as immediate past Chairman of WATRA to support your leadership to succeed in consolidating on existing achievements of the Assembly towards taking WATRA to a greater height,” he said.
Reinforcing his delight, Danbatta said, “This is an action in the right direction because we cannot deny the fact that successes are needed and financial and human resources are crucial to achieving success in any organization and WATRA with 16 member countries is not different.
“The expectation of our citizens is very high, especially in the area of ICT and we must strive to meet and surpass their yearnings.”
He further tasked the new WATRA executives to roll their sleeves and deepen the work they had started towards achieving the mandate, vision and mission of the Assembly.
“If we work together as a team, I believe we would make a lot of difference in a manner that will result in the socio-economic transformation of our sub-region in order to improve the standard of living of our people as we have seen this done successfully in many countries. So, we can repeat the same feat here in Africa,” he said.
In his response, Barry, who thanked Danbatta for making giant strides during his one-year tenure as Chairman of WATRA, assured of his readiness to work closely with member states and the EVC for valuable advice and guidance to collectively take WATRA to the next level over the next one year.
He pointed out that his leadership will focus on four key areas of priorities. These, according to him, include ensuring that the SMP is finalized and fully becomes operational, ensuring that member fees contribution is revised upward so that WATRA will have adequate resources to run its operation, build its permanent structure, and ensuring that the regional roaming policy for the sub-region becomes a reality.
“We want to ensure that the plan you started is not going to stop. We understand that the time left for us is short.
“We know we cannot do everything and that is why we are going to be focusing on the four key priorities areas as itemized above so that at the end of the tenure we can say we have succeeded on those priorities,” Barry said.
Danbatta handed over to Barry as the new WATRA Chairman during the 19th Annual General Meeting (AGM) of the Assembly which took place from March 29-31, 2022, in Conakry, Republic of Guinea.
The Assembly currently has 16 members states including Togo, Sierra Leone, Senegal, Nigeria, Niger Republic, Mauritania, Mali, Guinea Bissau, Republic of Guinea, The Gambia, Cote d’Ivoire, Cape Verde, Burkina Faso, Benin Republic, Ghana and Liberia.
WATRA, among other objectives, serves as a platform through which telecommunications regulators work together to broaden access to ICT services in the sub region. It also promotes the adoption of best global practices that stimulate investment in telecommunications infrastructure and services, deliver cheaper services to more citizens and connects people, societies and economies across West Africa and beyond.

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NITDA Communications Director Hadiza Umar Named in 2026 PR Power List, Graces Glazia Magazine Cover

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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.

NITDA Communications Director Hadiza Umar Named in 2026 PR Power List, Graces Glazia Magazine Cover

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.

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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.

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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.

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NCC Leads Tecno, Hyperspace, Digital Realty To NITRA Forum On Scientific Innovation

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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.

NCC Leads Tecno, Hyperspace, Digital Realty To NITRA Forum On Scientific Innovation

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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.

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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

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PayPal Rejects $53bn Stripe-Advent Takeover Bid, Says Offer Undervalues Company

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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 Rejects $53bn Stripe-Advent Takeover Bid, Says Offer Undervalues Company

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.

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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.

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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.

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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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