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NCC Asks Consumers to Beware of Online Loan Sharks



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Nigerian Communications Commission (NCC) has cautioned members of the public to be cautions of fraudulent activities of those it described as loan sharks.

NCC Asks Consumers to Beware of Online Loan Sharks

The commission also said that there are many fraudulent ways traders and other members of the public can be defrauded online.

NCC made these disclosures during its telecom consumers sensitization program themed “ “Shine Your Eyes- No Fall Mugu” held on Thursday, at the spare parts Market, Agodi-Gate, Ibadan.

The commission said it has received over 20,000 complaints from those who have fallen victims of the sharp practices of the online fraudsters.

Mr. Ayanbanji Ojo, head, Consumers Affairs Bureau, NCC, said the activities of the loan sharks have caused a lot of people pain with many traders vulnerable to what is going on.

He enjoined telecom consumers to approach their service providers to resolve their complaints adding that if they are unable to resolve it, they should approach the commission by dialling 622 which is toll-free.

He said “The market people are our telecom consumers, without them we can not exist as a regulator. The market people deserve to know what is going on. Today’s programme is different from what we did at Bodija and University of Ibadan.

“Today we are talking about ‘Shine-your-eyes’ which means there are so many financial fraud going on through the telecom and we want to educate our people particularly the traders because most of them are vulnerable to what is going on in the telecom space.

“There have been so many complaints on loss of money, so we need to educate our consumers all the time because we are now in the sustainability of telecommunications industry and if we do not sustain the telecom consumers there is nothing we can  not do.


“The complaint we have been seeing so far is over 20 thousand, even this money the loan shark saying a person on your contact list collected loan, how did they get your number, this is the kind of things we are trying to protect and to protect people, we have to educate them, so when people have information they are protected.”

Ojo, however, advised the traders to use strong password in emails, private networking platforms, avoid clicking on any link to avoid theft.

In his remarks, Olanrewaju Ishola, president of Ibadan Motor Parts Dealers Association, thanked the commission for bringing such educative program to the market.

He said market men and women were glad to receive the commission adding that the program was helpful and educative.

He said: “This program is very important. As you can see, our people came out in their numbers to attend. They have listened and have learnt a lot.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.


Appraising OPPO’s Unwavering Commitment to Quality, Trustworthiness, Innovation and Premium Excellence



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In the dynamic world of technology, where innovation is the currency and trends evolve at a breathtaking pace, OPPO stands as an unwavering beacon of quality, trustworthiness, and premium excellence.

With a legacy deeply rooted in user-centric innovation, OPPO’s mission has always been to push boundaries and redefine what’s possible. As we surge forward, OPPO’s commitment to delivering products of the highest quality remains resolute.

The Humanistic Approach to Innovation

At the heart of OPPO’s ethos lies a profound humanistic touch. Every product crafted is designed not just with technology in mind, but with the understanding that it must seamlessly integrate into the lives of their users.

It’s not just about features; it’s about creating experiences that resonate on a personal level. This human-centric approach sets OPPO apart in an industry often fixated solely on specs and performance metrics.

Trust: The Cornerstone of OPPO’s Philosophy

Trust is the bedrock upon which lasting relationships are built. OPPO understands the profound responsibility that comes with being entrusted by millions of users worldwide. Their dedication to transparency, data security, and user privacy is unwavering. Every product undergoes rigorous testing to ensure that it not only meets industry standards but exceeds them.

Quality: The Keystone of Reliability

In an era where disposable technology has become all too common, OPPO takes a stand for enduring quality.

Each OPPO device is meticulously crafted, subject to rigorous quality control measures to ensure it stands the test of time. From the premium materials used in construction to the precision engineering that goes into every component, we spare no effort in ensuring that an OPPO device is a testament to lasting quality.

The OPPO 45W Liquid Cooler: A Testament to Innovation

One stellar example of OPPO’s commitment to cutting-edge technology is the groundbreaking 45W Liquid Cooler. Designed for maximum thermal efficiency, this innovative cooling system exemplifies our dedication to pushing the boundaries of what’s possible in smartphone technology.

With its advanced liquid cooling technology, it ensures that OPPO devices maintain peak performance even during the most demanding tasks.

This modern cooling device has recently been review online by tech  bloggers and can be viewed via this instagram link

                                    Statistics Speak Volumes

The numbers tell a compelling story of OPPO’s dedication to quality. In an industry where rapid product cycles are the norm, OPPO’s track record stands out. OPPO’s devices consistently outperform competitors in terms of longevity and user satisfaction.

With an industry-leading low failure rate and an impressively high customer retention rate, OPPO’s commitment to quality is not just a promise; it’s a proven track record.

In conclusion, as OPPO maintains its unwavering commitment to standard, reliability, innovation, and premium excellence, users continue to join on their journey of redefining possibilities.

With a humanistic approach, a foundation of trust, and a relentless pursuit of quality, OPPO remains at the forefront of technology, setting new standards and shaping the future.

In the words of its founder, “Technology is about improving the way people live, the way they communicate, and the way they experience the world around them.” With this ethos, we look forward to continuing our mission of enriching lives through innovation”.

Explore a future where quality knows no bounds.

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Techeconomy to Hold Special Session at #StartupSouth8



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Techeconomy, a leading digital media startup in Nigeria, has announced it will organise a special session at the forthcoming #StartupSouth8 in Port Harcourt, Rivers State, Nigeria on October 5-6, 2023.

The eighth edition of #StartupSouth’s annual event has as its central theme: “Deep & Bold: 5IR, Emerging Realities, Regional Economic Imperatives & The Role of Innovation ”.

Through the Session Hosting programme, Techeconomy will delve into the sub-theme: “5IR: Media Innovation for Regional and Economic Growth”.

The panellists include Peter Oluka, editor, Techeconomy; Ebere Ogwumoyi, general manager, RedCloud Technologies Nigeria; Victor Siokwu, managing director, Shimol Services Limited and Ndume Green, founder/creative director, CapitalTV.

Diekola Omolaja, a brand strategist and Head of Business at Techeconomy, will moderate the session.

Commenting on the objectives of the media session at #StartupSouth8, Oluka said the development of any innovation relies heavily on public perception which means that people’s understanding of any technology was shaped, majorly, by the media.

“The media also keeps a check on public policy by throwing a spotlight on government action. They let people voice diverse opinions on governance and reform and help build public consensus to bring about change.

“Such media help markets work better. They can facilitate trade, transmitting ideas and innovation across boundaries hence we’re thrilled to inform you about Techeconomy’s upcoming panel session at the #StartupSouth8 Conference, taking place on the 5th & 6th of October 2023, in Port Harcourt, Nigeria under the sub-theme: Media Innovation for Regional and Economic Growth.

Techeconomy offers its readers Content-as-a-Service (CaaS) by telling you what is new in Technology, Business and Economy; reflecting on why it matters, how it works and the benefits.

The team works round-the-clock to explore and explain the changing world around us, tilting the lenses on the emerging market.

How to participate:

To participate at the #StartupSouth8 session, register through the link here:

StartupSouth Enterprise Development LTD/GTE (#StartupSouth), a Startup (Digital/Creative economy) ecosystem development and advocacy organization and a Community next generation Founders building high scale ventures in Nigeria – especially out of the South-South/South-East regions.

It is a Community of Communities with affiliations spanning across 11 States in the South and beyond. #StartupSouth members are building some of the most iconic venture backed projects you probably have encountered.

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YouTube Announces New Generative AI Products to Usher in a New Era of Creative Expression



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YouTube on Friday announced new generative Artificial Intelligence (AI) products to usher in an era of creative expression.

Neal Mohan, YouTube’s Chief Executive Officer, (CEO) said in a statement that YouTube platform unveiled a suite of AI-powered capabilities that would help both new and established creators and artists create, edit, and share content in bold new ways.

Mohan said that since launching Shorts in 2020, Shorts had now climbed to more than 70 billion daily views from more than 2 billion logged-in users every month.

The CEO said that the new updates would help creators and artists push the boundaries of creative expression making the difficult things simple and impossible dreams possible.

He said that the update was making it easier for creators anywhere to create content.

According to him, these AI-powered tools will help unlock powerful new forms of creative expression, take the friction out of the creative process, and allow YouTube creators to reach more viewers.

“The key announcements include introduction of Dream Screen, a new generative AI feature to unlock creative expression on Shorts.

“The launch of YouTube Create is to help take the work out of video production, help anyone to create and share videos right to YouTube.

“Today the platform has launched a new mobile app called YouTube Create, which was designed to empower creators to get started with a suite of production tools to edit their Shorts, longer videos, or both.”

According to him again, the app offers video editing tools including precision editing and trimming, automatic captioning, voiceover capabilities and access to a library of filters, effects, transitions and royalty.

Mohan said it also offers free music with beat matching technology so that creators could produce their next YouTube video without relying on complex editing software.

“Here are more ways that YouTube is helping take the heavy lifting off creators and giving them more efficient tools to help them come up with new ideas and reach new audiences,” he said.

Global Head of Music, YouTube, Lyor Cohen said that ‘Bold and Responsible’ is YouTube mission, and the potential of AI was incredibly exciting.

Cohen added that as with any new technology, it had to be approached responsibly.

“What Artists, Songwriters, and Producers do is something that is uniquely human and cannot be replaced by technology,” he said.

He said that YouTube sees AI as a tool that could be used by artists to amplify and accelerate their creativity.

“YouTube is committed to working alongside the creative community within our AI Music Incubator, which has now expanded globally.

“We are also leaning into our superpower, our deep partnerships with the music industry, working back-to-back with them to achieve our collective goals of fueling creativity and driving business forward,” he further said.

YouTube creator, Cleo Abram, said AI tools could help shrink the gap between what was imagined and what one could make instead of shrinking ideas.

Abram said because AI helped shrink that gap, these tools could increase access to the conversation.

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