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Local Operators Need Protection-Banjo

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Engr. Bayo Banjo, managing director and chief executive officer of Disc Communications Limited is one of Nigeria’s pioneer cable and satellite television stations in Nigeria.

He is passionate about the communications industry which also helped nurture from the cradle. Banjo spoke to hilary okeke on a wide range of issues.

 

Regulatory Environment, QoS and Competition

We cannot deny that the quality of service in the country is very low. If what we are experiencing in Lagos is considered bad, I can assure you that what is experienced outside Lagos is worse. I do not think the NCC understands their role as regards corrections and Quality of Service. If the regulator imposes adequate sanctions on service providers, you will see; Quality of Service will improve. Which is the way out? I think number portability is it. The kind of penalties attached to ensure that this is enforced must be draconian. The idea of number portability implies that one can move from one network to another with the same phone number. Most people do not like to change their phone numbers; they like people to know them with a particular number. Now, not only will that make the GSM companies gear up, it will also open the door for what we call localized GSM companies. For instance, if I felt Sokoto state was not covered properly, I can apply for license to do GSM operations there alone and provide excellent service to such a degree that people coming into the state can switch over to my network without changing their numbers. That is real competition. It means people can concentrate on a particular area and focus their efforts there. Why would it not work? It is because the big networks will sabotage other smaller ones. Quality of Service is bad, we all know that. I mean, we even have cases where operators tell you that they cannot give you details of your calls because you are a prepaid subscriber. Can you imagine that? Look at how criminal it is. You are taking my money and you cannot tell me how I spent it because I paid in advance? The person paying in advance should be the most valued customer because you are getting his money in advance. All these atrocities are going on and the regulators seem not to be doing anything. There are certain things you see wrong that should be addressed without anybody complaining. The profits that some of these cellular companies declare are so large that they can remedy all these issues. The only issues that are at par with quality of Service issue are probably sabotage and theft and those are reaching epidemic proportions. A lot of wire companies are closing down because of this menace; they cannot stem the tides of cable vandalism. And most of the time, this crime is perpetrated by this poor people who steal this copper cables and sell as scrap. The cities have better security records than the rural areas and to get better security, one needs to install his equipment within someone else’s premises.

Dominance of Satellite TV

It is not healthy in the sense that with such an organization that is actually controlled by another country and of course, they have the support that the local companies here do not have because in that country, the government recognizes the importance of the media; they recognize that the media can be used to topple government, control the views and feelings of the public. The local operators need more protection. The NBC has tried in this regards, I think they also need help at the legislative level. Let us look at the supposedly freest country in the world in terms of business, which is America. You cannot be in broadcasting business if you are not an American citizen. During the indigenization exercise way back in the 70s, people would establish a company in their houseboy’s name without his knowledge and still run the company as it is. If a foreigner wants to cause damage, he can do that and go back to his own country but if a Nigerian causes damage, he stays here, his family is here. Even the land that claims it is the land of the free has limits to that freedom. On the other hand, Multichoice has shown professionalism; you can see how they operate and many have even tried to copy their model, some with great success. The only thing I have an issue with, luckily Multichoice is trying to correct that, is the focus on foreign materials. As we can see, that company has made great strides to enhance its local content. From what I understand, even though they are our competitor, they are now engaging in covering our local league. I think they were airing the Glo league and they have brought equipment to cover more leagues. To me, it is a very good development.

Merger of NCC and NBC

I am confused at the concept of that merger, particularly in an African country where control of the media and broadcast is more important; it is second only to defense. The most important thing in most countries is defense; I mean, if you do not have defense, your country is nowhere. The next weapon in any country is the media, broadcast, I have always argued. The Soviet Union was toppled using the media propaganda. It was toppled without firing a shot. Now here, you want them to merge based on the fact that both platforms would be able to carry telecommunications and broadcasting? I think you must separate the people who monitor content because the focus of the NCC is on the money that they make; the 2.5% charges, etc. But in broadcasting, you have to focus on the content of programmes, how does it influence our youth. When you look at the council that set up the concept of the merger, I think the NBC had only one or two representatives. We got those priorities wrong. It is like somebody telling you that how you bring up a child is not important and you are busy chasing money up and down. So, that is one thing I do expect from Government, to realize that the NBC is in fact, a very important organization; far more important than the NCC in function and duty – you cannot even compare their functions; they do not even come close. The one is dealing with our sociology, our livelihood our culture and the other is just dealing with collecting money. I am confused with the merger – are we trying to copy some other countries? The only countries that merge the two are cultureless countries. Countries that are growing in leaps and bounds, such as China and the U.A.E are very careful about what they introduce into their societies. Even the average U.S citizen – is he aware of what is going on? Luckily, we Nigerians are used to looking at things our own way and it is difficult to fool us. Broadcasting is all about propaganda, it affects the mind, the way you think, your attitude; it should not be taken lightly. The most powerful Union in the world was toppled using the media. Communication does not come anywhere near broadcasting. I hope there will be a good response to the merger. If it is about the issue of frequency, we have a frequency management board, which is independent of both bodies. Why do you need to merge them? I would have thought that in a third world country, you should be able to monitor your broadcast with better sense of purpose. That should be the focus. But in a merger, people will move to where there is money, the telecoms.

Fringe Players in the Converging Arena

In broadcasting, yes they stand a chance. You see, the NBC as it is presently constituted, has always encouraged small operators. Two groups can merge, if the composition at the top and the ideology given to them is right, then you would have a good organization. Wherever you find government bodies, they are usually separated so that they can pressurize and focus on what they are set up to do. The tendency that the merged bodies would be able monitor and give the relevance and importance that is deserving of broadcasting is very low. That is the way I look at it because it is natural to focus on the one that brings in more money. Secondly, in broadcasting, there is the responsibility to do screening; you are applying philosophy, sociology and whatever to what is there; in communications, you just have your rules and regulations; you just follow them strictly, as much as you can. For example, you may have a 24-hour Christian programme broadcast in Imo state. There might be no objection, but that same programme broadcasting in Zamfara state would be seen as an attempt to undermine the people there. However, the telecoms are above board, it does not involve these feelings; it has to do with a specific service. It has nothing to do with the sentiments and beliefs of the people. In the South, you can make jokes but in the North, it may not be possible. So, what kinds of people make these judgments? It is really professionals who have been in that field, properly trained broadcast professionals. In telecoms, any good engineer who has managerial skills can take over the reins. But in broadcasting, you need to have flair or feel for it.

Local Content, Educative and Entertaining

Well as for entertaining, that has to do with your revenue. You have to do a programme that is entertaining or else nobody will buy your product. In the case of local content, the government has done very well. In the past 50 years, the NBC has increased its local content requirements and you can see the results immediately. In the telecoms, the Nitel monopoly was broken. In the past, we use to have about 400, 000 lines in the whole country but today, it is well over 30 million. In broadcasting, everybody was doing foreign programmes and they insisted on local content, look at what is happening with our Nollywood – there is an explosion now, broadcasters are now bringing out Nollywood channels. Government is meant to act like a father and not leave people to their own devices; they should realize what they are there to do and enhance it.


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PalmPay Celebrates Valentine with #LoveWithPalmPay Campaign

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This Valentine’s Day, PalmPay is celebrating love in all its forms with the launch of #LoveWithPalmPay, a campaign highlighting how simple, everyday shared money moments can bring relationships closer.

Valentine’s Day is more than grand gestures; it’s built on the small, meaningful actions that shape relationships, sending timely support, saving together, or managing shared responsibilities. PalmPay encourages users to share 30–60 second real-life stories, either solo or duet style, showing how PalmPay always works and has helped them support or stay connected with someone they love.

The campaign runs from February 9th to 21st across Facebook, Instagram, X (formerly Twitter), and TikTok. Four winners will receive ₦100,000 each week for two weeks, totalling a prize pool of ₦800,000.

Entries can take many forms, including couple videos, solo stories, split-screen duets for long-distance couples, or voiceover narratives with photos or clips, making the campaign inclusive for married couples, parents, and long-term partners.

How to Participate:

  • Share an authentic love story about your partner
  • Clearly show PalmPay in action (transfers, savings, or other in-app activities)
  • Be creative and emotionally engaging
  • Post between February 9th – 21st with the hashtag #LoveWithPalmPay
  • Share on any of PalmPay’s social media platforms

“Love evolves, and so do relationships,” said Olorunfemi Hanson, Head of Marketing and Communication, PalmPay. “From dating to parenthood, the small money moments we share every day play a big role in keeping us connected. With #LoveWithPalmPay, we want to celebrate those stories and show how PalmPay always works, making everyday love simpler, reliable, and meaningful.”

This Valentine’s Day, PalmPay celebrates love as it truly is real, intentional, and built on shared moments.

PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.

PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.

Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh. For more information, visit www.palmpay.com


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CBN, NCC Propose Instant Refunds for Failed Airtime, Data

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Central Bank of Nigeria (CBN)and the Nigerian Communications Commission (NCC) have proposed that customers must receive refunds within 30 seconds for failed airtime and data purchases to curb persistent billing complaints in the telecommunications sector.

CBN, NCC Propose Instant Refunds for Failed Airtime, Data

This was indicated in the Exposure Draft of the Joint CBN–NCC Framework for Resolution of Failed Airtime and Data Purchase Transactions, which was published on the website of the CBN on Monday.

The landmark exposure draft, dated 5 February 2026, seeks to “institutionalise clear accountability” and establish a “coordinated approach to consumer redress” across the financial and telecommunications sectors.

The most significant shift in the proposed framework is the introduction of standardised, automated timelines for resolving failed transactions.

Currently, Nigerians often face long delays when airtime purchases fail at the bank, aggregator, or Mobile Network Operator level.

To solve this, the regulators have proposed a 30-second window for automated reversals. Section 6.0 (ii) of the draft exposure, which dwelt on failed transactions, especially as it relates to unfulfilled airtime/data delivery, proposes a time to refund the purchaser of 30 seconds “if the transaction failed at the bank level… Failed transaction delivery from NCC Authorised Licensees… Failed transaction delivery from MNO to the NCC Authorised Licensee.”

The draft emphasised that stakeholders must “automate reversal processes across all stakeholders” to ensure that refunds require no human intervention from the customer.

The draft exposure also stated that “all parties involved in airtime and data transactions shall take the following actions to ease usage and facilitate consumer satisfaction: a. Stakeholders must immediately connect ONLY to relevant authorised licensees of the NCC and CBN. b. MNOs and banks must only connect to NCC Authorised Licensees/MNO digital channel partners for airtime and data vending… Notifications of failure create final settlement obligations between MNO and NCC-authorised licensees… The NCC and CBN will audit stakeholder compliance jointly or individually at quarterly or other intervals as may be determined.”

From a business and oversight perspective, the regulators are proposing a Central Monitoring Dashboard to be hosted jointly by the CBN and NCC, which will track reversals, Service Level Agreement breaches, and customer complaints in real-time.

“There shall be a Central Monitoring Dashboard hosted by CBN/NCC for tracking reversals, SLA breaches, and customer complaints. This will facilitate the establishment of a real-time national ‘Failed Transactions Dashboard’ with a uniform error code with end-to-end visibility across the value chain’, read the draft exposure.

This is designed to eliminate the “unclear ownership of liability” that often occurs when banks and telcos blame each other for failed recharges. To support this, banks and MNOs will be required to maintain and share daily reports of successful and failed cases.

The proposed framework also addresses the common problem of “lost” money when customers recharge ported phone numbers. The draft mandates that MNOs must validate a phone number against the ported number database before processing any recharge. If the system identifies a number as ported out or invalid, it must “proactively stop recharges” and send a failure code back to the bank to ensure the customer is not debited.

For erroneous recharges sent to the wrong person, the framework sets clear protocols: below N20,000, MNOs will request the recipient’s consent before a reversal, and when it is above N20,000, an affidavit of indemnity or notarised letter is required to process the recovery.

The CBN and NCC in the exposure draft signalled they will take a firm stance on compliance. Both agencies will conduct joint quarterly audits of all stakeholders, including banks, payment service providers, and MNOs, to verify compliance with the new rules. The regulators have warned they will “impose penalties for any breach” of the framework’s provisions.

Banks and other financial institutions have until 10 February 2026 to submit their inputs on the draft before it is finalised. Once implemented, the framework is expected to significantly restore “subscriber trust” in Nigeria’s digital financial ecosystem.


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FG Launches the Happy Woman App Platform

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Federal government has unveiled a new digital platform to connect millions of women to finance, skills training, and market opportunities, in what officials call the country’s largest technology-driven women’s inclusion initiative to date.

The Happy Woman App Platform, which was unveiled at the Presidential Villa in Abuja, would serve as a single interface for women to access funding facilities, business development support, governmental initiatives, and critical services.

The digital drive comes as Nigeria grapples with expanding gender gaps in financial access, with women much less likely than males to maintain bank accounts or obtain formal credit, limiting their capacity to grow informal enterprises they primarily run.

Yet women remain central to the economy, accounting for a large share of micro and small enterprises that contribute nearly half of the country’s GDP.

According to the Social Institutions and Gender Index, only about 35 percent of Nigerian women have a bank account at a financial institution, compared with 55 percent of men, underscoring the depth of persistent financial exclusion and the urgency of targeted interventions.

The launch coincided with the expansion of the Nigeria for Women Programme, which the administration now plans to scale nationwide to reach 25 million women.

President Bola Tinubu, represented by vice president Kashim Shettima, said the scale-up is central to Nigeria’s economic growth strategy.

“A nation that relegates its women is a nation bound for implosion,” he said, adding that women must be placed “at the centre of national planning and productivity.”

The expanded programme builds on a pilot phase in six states that reached over one million women, many organised into Women Affinity Groups to access grants, savings schemes and livelihood support.

The government says the new app will streamline beneficiary registration, payments and training, reducing leakages and improving delivery.


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