Telecom
FXTM Unveils New Mobile Trading App Designed Specifically for Traders

FXTM, a global award-winning forex broker, on Thursday announced the launch of its new mobile trading app that is designed to meet the specific needs of its clientele.
The company stated that the App is developed in-house and tailored to the specific needs of FXTM’s clientele.
“FXTM Trader is an all-in-one, free-to-download mobile tool that provides traders and investors the ability to manage all of their trading accounts, the MyFXTM client portal, and to trade the markets directly through built-in, user-friendly software.
“FXTM Trader is now available to download in English for both iOS and Android devices on the App Store and Google Play, respectively.
FXTM Trader offers clients’ full access to the client portal MyFXTM, plus the added ability to trade directly – something that FXTM’s in-house team has been developing for many months.
Lex Webster, Chief Commercial Officer, FXTM, Speaking about the latest achievement, said “In today’s mobile era, our home and work lives demand on-the-go tools that allow us to do what we want to do, when we want to do it.
“Considering the 24/5 nature of the financial markets, traders can especially appreciate this.
“We are proud to launch this latest mobile service, FXTM Trader, which is aimed to be more than just another suitable trading tool. We want it to be an indispensable one.”
Rather than being the first to deliver a product in the industry, FXTM’s strategy is focused more on ensuring the product is catered to suit the needs of its traders.
This year has marked a number of remarkable milestones for the broker, one of which was passing the 1 million threshold in client registrations on a brand level.
The statement further stated that data from 2018 also shows that more than 70% of FXTM’s traffic comes from mobile, making this an ideal time to launch FXTM Trader; it fits perfectly with evolving global trends while effectively meeting clients’ needs.
“The innovative new application features an all-new, user-friendly design and navigation system, where traders can easily switch from managing their internal operations within the client portal MyFXTM, to opening new trading accounts and entering buy or sell positions in the market.
“Traders can customise the functionalities of the app in a way that enhances their online trading experience and makes it even more convenient to gain access to what’s important for them.
While FXTM will continuously look for ways to integrate new features into the app, and will consistently be updating it over the coming months to ensure its adaptability with new operating systems, clients can already start benefiting from the following main features:
- Open, close and modify positions on all 250+ forex and CFD instruments offered by FXTM – both in Live and Demo environments.
- Live Quotes streamed from top-tier liquidity providers via FXTM’s ECN and Standard Servers (Majors, Minors, Exotics and Spot Metals) – customisable through a filter function.
- All-new Currency Charts (Bar, Line or Candlestick) with a variety of customisable functions, including the ability to apply three popular indicators, which allows users to analyse price movements across multiple time-frames and instruments.
- 1-click trading for ultimate market accessibility and convenience, giving clients the power to enter and exit the market within seconds.
- All of the familiar MyFXTM functions from the ForexTime App, including opening new accounts, depositing, withdrawing, transferring funds between accounts, managing FXTM Invest*, and entering promotions
- User-friendly interface allowing traders to check their balance, margin, profits and more in just a few taps
Launched initially in English, FXTM Trader will be available in additional languages very soon.
Telecom
Airtel Recommits to Fraud Prevention after NCC’s N104m Fine for SIM Registration Breaches

Airtel Nigeria has restated its commitment to transparency, customer safety, and regulatory collaboration following recent regulatory enforcement by the Nigerian Communications Commission (NCC).
The NCC had served Airtel Nigeria a notice of sanction over some alleged SIM infractions in Kano State and consequently slammed a fine of N104 million on the telecommunications firm.
NCC had in a letter, addressed to Airtel Nigeria Chief Executive Officer, dated May 26, 2025, signed by Chizua Whyte, head, Legal and Regulatory Services, and Mohammed Dari, acting head, Compliance Monitoring and Enforcement, on behalf of Dr Aminu Maida, executive vice chairman, NCC, titled: ‘Notice of Sanction: Non-Compliance with SIM Registration Directive in Kano,’ where the infractions were spelt out.
According to NCC, Airtel infractions include unauthorised SIM registrations using 198 unapproved devices, resulting in 8,275 registrations outside the 281 verified Airtel shops; premature activation of 63 MSISDNs prior to proper SIM registration, contrary to the provisions of the Registration of Communications Subscribers Regulations 2022; failure to conduct effective eyeballing, leading to 407 fraudulent SIM registrations with multiple NINs, contrary to the provision of the Registration of Communications Subscribers Regulations 2022 and failure to provide satisfactory explanation for SIM registrations conducted between 12.00 a.m and 6.00 a.m.
On the matter, the letter revealed that there were some letter exchanges and subsequent meetings on the infractions between the telecom regulator and Airtel, starting from January 12, 2025, March 19, 2025, March 24, 2025, and March 27, 2025, respectively.
Apparently, after investigations and responses from Airtel, the NCC was not satisfied and this led to the fine of N104 million, which was to be paid within seven days from the date the letter was issued.
Specifically, NCC fined Airtel N5 million, N12 million, N81.4 million and N5 million for the infractions respectively.
Reacting, Airtel, expressed appreciation to the NCC for uncovering the infractions, describing the development as a critical opportunity to strengthen internal processes and further align with national security and regulatory expectations
“We thank the NCC for its vigilance and continued support in protecting the integrity of the telecoms ecosystem. Airtel takes these findings seriously and is already implementing corrective measures,” a spokesperson for the company said.
Only recently, Airtel Nigeria’s CEO recently announced that the company is doubling its investment in the country, focusing on network expansion, fiber-to-the-street rollout, 4G/5G deployment, customer care upgrades, and digital infrastructure security.
These investments reinforce Airtel’s long-term vision of building a resilient and forward-looking telecom network that meets the evolving needs of Nigerians.
“Our systems are constantly evolving to stay ahead of scammers and malicious actors,” the spokesperson added. “This is not just about compliance; it’s about our responsibility to the millions of Nigerians who rely on Airtel daily.”
Airtel Nigeria says it will continue to work closely with the NCC and other arms of government to ensure high standards of service and safety for all telecom users nationwide.
Telecom
Kenya Beats Nigeria As the Most Progressive ICT Regulation in Africa

Kenya is celebrating its regulatory ecosystem being ranked as the most progressive in Africa. The International Telecommunications Union (ITU) has ranked the East African country first in its most recent ICT Regulatory Tracker.
ITU’s ICT Regulatory Tracker is an evidence-gathering tool for decision-makers and regulators. It demonstrates the effectiveness of regulatory systems in the age of technology.
The ITU evaluates the design of the national regulatory authority, the scope of the regulatory mandate, the obtaining regulatory environment, and the robustness of the competition framework in member countries.
Kenya received 93 points, up from 92 in 2023, and now leads the continent in best practices for ICT regulations.
Nigeria and South Africa finished second and third, with 92 and 88 points respectively. Malawi, Egypt, Rwanda, Morocco, Uganda, Burkina Faso, and Senegal complete the top 10 list.
Globally, Kenya was ranked 20th out of 194 countries covered.Italy led the rankings, with 100 points.
The regulator, Communications Authority (CA) of Kenya, said the achievement underscored Kenya’s commitment to creating a robust, technology-neutral regulatory environment that supports innovation, affordability and access.
Steve Isaboke, permanent secretary for broadcasting and telecommunications, visited CA Centre in Nairobi following the announcement on Thursday.
“The ranking is a clear testament of the excellent work that CA has done in spearheading Kenya’s digital transformation and driving digital access for all,” he said.
“After 25 years, CA’s regulatory regime has attained maturity, and gained global recognition. This ranking shows that the CA staff and leadership are executing their work diligently.”
Telecom
MTN’s Female Leadership Surges to 41.4%, Doubles Industry Average

MTN Nigeria Communications PLC has announced a significant increase in female representation within its leadership, with women now making up 41.4% of its workforce, a notable rise from 38.7% in 2023.
This figure reportedly doubles the industry average, positioning MTN Nigeria as a frontrunner in gender diversity within Nigeria’s ICT sector.
The company’s recently released 2024 Annual Report highlights its sustained commitment to workplace inclusion and gender equality, aligning with its “Ambition 2025” strategy. Female representation within the executive management team has reached approximately 46.7%.
MTN Nigeria attributes this progress to dedicated initiatives aimed at empowering women professionally. These include the “Women in Tech” programme, which provides targeted upskilling in high-demand fields such as Cloud Computing, Software Engineering, AI/ML, Data Science, and Cyber Security.
The “MTN Y’ello Mums Internship Programme” also supports young mothers in their transition back into the corporate world after career breaks.
Odunayo Sanya, executive director of the MTN Foundation, was recognised as the CSI Personality of the Year at the Nigeria Tech Innovation & Telecoms Awards (NTITA), further underscoring the company’s impactful social initiatives.
Additionally, Uto Ukpanah, the company secretary, received the inaugural Global Corporate Secretary of the Year Award from the Corporate Secretaries International Association (CSIA).
Speaking at a recent conference, Odunayo Sanya, emphasised the importance of balancing profitability and sustainability equation, saying, “Businesses today need to be purpose-driven. While the soul of business is profitability, it is not profitability alone that should matter to stakeholders.”
Uto Ukpanah, added, “Showcasing our corporate values and ethos to the world opens the door for greater collaboration with other organisations, as we believe there’s a lot to learn when we all come together. Governance continues to evolve. The challenges today are not the same as they were 10 years ago. Greater accountability is expected, and companies can only continue to do better.”
The company’s broader efforts in diversity and inclusion have been acknowledged with multiple accolades, including the Corporate Responsibility Award. MTN Nigeria also received the “Employer of the Year” award at the 4th Edition of the Nigeria Employers’ Consultative Association (NECA) Employers’ Excellence Awards.
Karl Toriola, CEO of MTN Nigeria, in the report, reiterated the company’s commitment to building a purpose-driven organisation, emphasising that its success is intrinsically linked to its people and their dedication to a shared vision.
“Since we initiated our culture transformation journey in 2021, our culture transformation has significantly enhanced employee engagement and organisational cohesion. It’s directly strengthened our ability to deliver outstanding business performance and drive sustainable long-term value for all our stakeholders.”
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