General News
Mobile Industry Can Generate $565Bn by Unlocking Right 5G Spectrum – GSMA

Unlocking spectrum for the mobile industry to deliver innovative 5G services across different industry sectors could add $565 billion to global GDP and $152 billion in tax revenue from 2020 to 2034, according to a new report launched today by the GSMA.
Next-generation 5G services will improve access to healthcare, education and mobility whilst reducing pollution and increasing safety.
However, these outcomes rely on government support for the identification of sufficient millimetre wave (mmWave) spectrum for the mobile industry at the next ITU World Radiocommunication Conference in 2019 (WRC-19).
The report, “Socio-Economic Benefits of 5G Services Provided in mmWave Bands”, is the first to examine and quantify the impact of mmWave spectrum on the overall contribution of 5G networks to society. mmWave spectrum will carry the highest capacity 5G services.
It has the ideal characteristics to support very high data transfer rates and ultra-reliable, low latency capabilities, which will support new use cases and deliver the benefits of 5G to consumers and businesses around the world.
Brett Tarnutzer, Head of Spectrum, GSMA, said “The global mobile ecosystem knows how to make spectrum work to deliver a better future.
“Mobile operators have a history of maximising the impact of our spectrum resources and no one else has done more to transform spectrum allocations into services that are changing people’s lives.
“Planning spectrum is essential to enable the highest 5G performance and government backing for mmWave mobile spectrum at WRC-19 will unlock the greatest value from 5G deployments for their citizens.
“More than 5 billion people already rely on the mobile ecosystem to deliver services that are integral to their daily lives and fundamental to the economic sustainability of the communities they live in. 5G can offer more benefits and a whole new range of services to even more people, but this will not be possible without access to this vital spectrum.”
New Possibilities for Consumers and Industry
mmWave 5G will not only provide consumers with ultra-fast mobile broadband services including immersive entertainment, but will stimulate a host of applications that will enable citizens and businesses to do tomorrow what they can’t do today.
These innovations will include enhanced remote healthcare and education, industrial automation, virtual and augmented reality, and many others.
In healthcare, improved telemedicine including tactile internet capabilities, better preventative medicine using always-on remote sensors and wearables, and remote surgery and ‘smart’ instruments will only be made possible because of the speed and latency capabilities enabled by mmWave spectrum.
Next-generation robots, remote object manipulation (controlling machines with precision at distance), drones and other real-time control applications in digitised industrial centres are expected to increase efficiency, reduce costs and improve safety as well as lead to innovations in products and processes.
In autonomous transport, mmWave 5G will enable driverless vehicles to communicate with each other, the cloud and the physical environment continuously to create highly efficient public transport networks.
These and many other innovative use cases are expected to deliver 25 per cent of the overall value created by 5G in the future.
Global growth from mmWave
The early lead already being established in 5G in the Asia Pacific and Americas regions are expected to generate the greatest share of GDP attributed to mmWave 5G, at $212 billion and $190 billion respectively. Europe is forecast to have the highest percentage of GDP growth attributable to mmWave of any region, with 2.9 per cent.
However, the advantages are not restricted to early-adopting mobile markets and, as the rest of the world deploys 5G in subsequent years, economies of scale derived from spectrum harmonisation will stimulate even faster growth. Regions such as Sub-Saharan Africa, Central Asia and Latin America and the Caribbean could see growth in GDP contribution from mmWave 5G applications of over 65 per cent per year from 2026 until 2034.
“It is critical for governments to recognise the importance of the mmWave aspects of 5G when making decisions at the upcoming WRC-19.
“Making the right decisions now on spectrum will be vital to stimulating the rapid growth of economies, especially in developing markets, in the coming decade,” added the GSMA’s Brett Tarnutzer.
“mmWave spectrum has the capacity to support the innovative services expected from the highest performance of 5G, and only the mobile ecosystem has the technical expertise and track record in collaboration to deliver them at a price acceptable to consumers and businesses around the world.”
New mmWave bands for mobile are being discussed at WRC-19, and the GSMA recommends supporting the 26 GHz, 40 GHz and 66-71 GHz bands for mobile.
Global harmonisation of these bands at WRC-19 will create the greatest economies of scale and make broadband more affordable across the world.
Outside the WRC-19 process, 28 GHz is also emerging as an important mmWave band for realising the ultra-high-speed vision for 5G. Commercial services using this band have already been launched in the US and it will also be used for mmWave 5G in countries such as South Korea, Japan, India and Canada.
The report, “Socio-Economic Benefits of 5G Services Provided in mmWave Bands”, which includes details of 5G use cases, value and GDP contribution by sector and geography, can be found here.
The study was conducted by TMG, a consulting firm specialising in the information and communication technologies sector, on behalf of the GSMA.
General News
Cybersecurity Experts Seek Improvements to Maximise Protection

A study titled “Improving resilience: cybersecurity through system immunity” conducted by Kaspersky, explored how organisations currently manage cybersecurity and how they are preparing for future challenges.
This research surveyed 850 IT professionals responsible for cybersecurity in large companies across Europe, the Americas, APAC, Russia, and the Middle East, Turkiye, and Africa (META) region, including Saudi Arabia, United Arab Emirates, Turkey, Egypt, and South Africa.
These respondents represented a diverse range of industries and organisational levels, offering a comprehensive view of current security postures and pain points.
The survey reveals that, despite high satisfaction levels—with 94% of experts from the META region stating they are “satisfied” to “extremely satisfied” with their current protection—the desire for stronger and more adaptable defenses remains widespread.
Although only 6% of respondents from META expressed dissatisfaction with their cybersecurity measures, most recognise the need for improvement. Specifically, 64% believe there are “a few” or “some” areas that could be enhanced, while 35% advocate for significant upgrades.
When asked to identify the weakest aspects of their cybersecurity systems that they would like to improve, respondents from the META region pointed to various operational and technical challenges. The most common issues included:
- Manual processes consuming excessive time (31%)
- Reactive protection lacking proactive threat detection (28%)
- Shortage of skilled personnel (28%)
The reliance on manual processes leads to increased operational overhead and delays in identifying and responding to threats, while the absence of proactive threat detection reduces the ability to prevent breaches before they occur.
Among other critical weak sides of their current cybersecurity systems noted by respondents in the META region were high risks of systemic collapse following breaches (24%), overly complex IT/OT environments (22%), and outdated threat intelligence (21%).
Additional concerns included “alert fatigue” (22%) and insufficient functionality of current solutions (19%), complexity of managing disparate solutions (19%), and poor control over security policy implementation (19%).
The management of multiple different security solutions leads to gaps in coverage, misconfigurations, and increased risk of oversight, as security teams struggle to maintain an integrated, effective defense across diverse systems.
The fragmentation hampers swift response times and increases the likelihood of overlooked vulnerabilities, ultimately weakening the organisation’s overall security posture.
These findings highlight the urgent need for streamlined intelligent security tools to address these vulnerabilities effectively.
As organisations worldwide strive to strengthen their cybersecurity posture, this research highlights that, alongside enhancing traditional cybersecurity solutions, vendors are working to develop innovative approaches: shifting from protecting inherently vulnerable software with applied security measures toward creating secure-by-design systems with innate resilience. Such systems are capable of safeguarding their core assets even when compromised, often with minimal or no additional cybersecurity spending.
“More and more organisations are beginning to understand that modern challenges require not just strong protection but also a proactive and cohesive security strategy that strengthens every aspect of their digital landscape against potential breaches.
“That’s why it is essential for companies to adopt a transformative approach, integrating advanced threat intelligence and streamlined processes, and applying reliable, all-encompassing solutions to protect their assets while ensuring operational continuity and building customer trust,” says Alexander Kostyuchenko, Head of Technology Solutions Product Line at Kaspersky.
General News
NCAA Orders Airlines to Enforce $10,000 Currency Declaration Rule

The Nigeria Civil Aviation Authority has ordered all international airlines flying into Nigeria to enforce the $10,000 currency declaration rule.
The authority said the rule is required for passengers to declare cash or negotiable instruments above the limit, as part of efforts to strengthen anti-money laundering compliance.
According to the NCAA, the directive, referenced as NCAA/CPD/ABV/298, dated 24 April 2025 seeks to address gaps in the enforcement of existing currency declaration obligations for inbound passengers.
This was announced in a statement issued by the Director of Public Affairs and Consumer Protection, Michael Achimugu, via his official X account on Tuesday.
“International carriers must take two key actions, which include “Make inflight or pre-landing announcements informing passengers of their legal obligation to declare any currency or Bearer Negotiable Instruments exceeding $10,000 USD or its equivalent upon arrival in Nigeria.
“Distribute currency declaration forms onboard for passengers to complete before landing. The NCAA has received reports indicating that some airlines are yet to comply with this directive”, the statement read.
The NCAA said these requirements are consistent with international best practices and are vital to preventing the illegal movement of large sums of money across borders.
The Authority warned that full cooperation from international airlines is essential, saying, “Please note that the cooperation of all international airlines operating in Nigeria is critical to supporting the country’s efforts to align with global financial standards.”
Accordingly, the authority emphasised that full implementation of this directive, particularly as it concerns inbound passenger declarations, is of utmost importance.
“Compliance will be closely monitored, and non-compliant airlines will face appropriate sanctions,” it added.
General News
Appeal Court Nullifies Registration of ‘KPMG Professional Services’

The court of appeal in Lagos has asked the Corporate Affairs Commission (CAC) to revoke the certificate of registration of “KPMG Professional Services”.
In a unanimous decision delivered on Thursday, the appellant court granted the reliefs sought by KPMG Nigeria against CAC and KPMG Professional Services.
The judgment was read by Abdullahi Mahmud Bayero, the judge.
The two other judges are Abimbola Obaseki-Adejumo and A.M. Talba.
In 2002, KPMG Professional Services was registered as a company with CAC despite the existence of KPMG Nigeria, comprising its audit, tax, and consulting arms.
The KPMG Nigeria has long been registered in Nigeria before 2002.
KPMG Audit was registered in 1969, KPMG Tax Consultants in 1990, and KPMG Consulting in 1969.
Displeased with the registration of KPMG Professional Services, KPMG Nigeria approached the federal high court.
The consulting firm had argued that the name “KPMG Professional Services” was deceptively similar to its long-established identity.
In 2005, the lower court dismissed KPMG Nigeria’s case, citing an alleged merger between KPMG Nigeria and Akintola Williams Deloitte as reason the company could no longer assert rights to the name.
The lower upheld the second respondent’s (KPMG Professional Services) counterclaim and ordered that KPMG Nigeria’s name be struck off the CAC register.
The lower court had premised its decision on newspaper articles stating that KPMG Nigeria reportedly merged with Akintola Williams Deloitte.
Delivering the judgment, Bayero ruled that the lower court erred by relying on newspaper articles to ascertain that KPMG Nigeria allegedly merged with another company.
The judge said the documents showing the alleged merger were not presented before the lower court, and the form of the alleged merger could not have been known.
“In any event, the only branch of KPMG, if any, that entered into a merger with Akintola Williams as stated in the newspaper articles 18, is KPMG Audit,” the judge ruled.
“The other spheres were totally unaffected. It would therefore be wrong to state that the merger (which has not been shown to this Court) of KPMG Audit with Akintola Williams means all the other areas of business, including KPMG Consulting and KPMG Tax Consultants, also ceased to exist.
“Even if the Appellants (KPMG Nigeria) had ceased to do business as the Court seemed to have held, the 2nd Respondents (KPMG Professional Services) should not have been carrying on business until the Appellant’s certificate of registration is withdrawn or set aside.
“They cannot use the name until the Appellant’s certification of registration is withdrawn or set aside. They cannot use the name until the name is removed from the 1st Respondent’s (CAC) Register of Names.
“The 1st Respondents can only assign the name to the 2nd Respondents after first taking it away from the Appellants.”
The court ruled that CAC erred by registering KPMG Professional Services despite the existence of a business name, which is already registered.
The judge reversed the earlier ruling of the lower court and reaffirmed the primacy of statutory protection for existing business names under Nigerian corporate law.
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