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NCC to Deploy Revenue Assurance Solution to Block Leakages

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The Nigerian Communications Commission (NCC) says it will implement the Revenue Assurance Solution (RAS) to monitor revenue generated in a bid to block leaks in its Annual Operating Fee (AOL).

Professor Umar Danbatta, Executive Vice President (EVC) of the NCC, revealed this on Friday in Abuja, during an interactive session with stakeholders on the deployment of RAS in the Nigerian telecom industry.

Speaking about the importance of RAS to the nation’s economy, Danbatta said it would allow the commission to determine how much its licensees generate annually.

He explained that the technological solution would not wait for licensees to submit information to the commission before determining what they must pay as AOL.

“The official burden of deployment will fall on the operators. This project relieves the commission of the initial official burden that will be required for the deployment of the RAS project.

“It will also ensure that the revenue generated by the precise network operators is tracked, analyzed and used for the benefit of the industry. Beyond revenue assurance, when implemented NCC RAS ​​will bring many solutions to the industry,” he said.

He added that the solution would include more effective and improved control and regulation of licensed telecom operators.

The EVC said the commission believed that implementing a proper revenue assurance solution would lend higher levels of integrity and fidelity to AOL’s numbers than are obtainable in the industry.

He said that the RAS would allow the NCC to validate information, records and data supplied to it from time to time, among others.

“This is in addition to plugging possible loopholes and leaks in the revenue calculation and collection processes. AOL is a very important tool in the regulation of the telecommunications industry. In Nigeria, the importance of AOL is well expressed in the Nigerian Communications Act of 2003.

“AOL can be described as the main root of an efficient and effective telecommunications regulatory environment. AOL’s charging and computation mechanisms are of interest and importance both to the regulator and to the operating networks”, he said.

He explained that various efforts had been made to achieve a highly effective administration of AOL, in accordance with the commission’s powers under Section 72 of the NCA Act 2003.

He reported that one of these key efforts includes the preparation of the 2014 Regulation, which is also currently under review.

According to him, some of the main objectives of the AOL Regulations, as provided in Part 1 (2) of the AOL Regulations of 2014, are: “To create and provide a regulatory framework for the effective and efficient administration of the regime of the Annual Operating Tax and all matters related thereto;

“Stipulate the mode and methods of evaluation of the Annual Operating Tax and the modes of payment thereof; specify rules and guiding principles for the administration of the annual operating tax regime.

He also said that the size of the Nigerian telecom industry and the revenue events involving operators, demands an effective, accurate and technology-driven revenue assurance solution that NCC-RAS represents.

He said that proper revenue assurance systems have resulted in increased revenues and plugging of leaks and that modern revenue assurance systems have proven to be equipped with additional capabilities to generate and analyze information beyond that required for revenue calculation. .

“The system is designed to be connected to the systems of licensed telecommunications operators. You’ll have the ability to capture and report billing activities in near real-time for purposes, among others.

“Calculate and secure with a minimum margin of error, if any, the accumulated AOL payable to the NCC,” he said.

He advised Ministries, Departments and Agencies (MDA) that might need data not to duplicate efforts but to go to the NCC to obtain it.

“This effort may be relevant for FIRS to pay taxes, there is no need to duplicate this government effort.

“So the essence is to ensure smooth cooperation from all the MDAs that require the kind of data that we will get from this effort. Which is for the calculation of other levies, operating tax levies that are supposed to be paid to the government.

“The benefits of this exercise are very long and that is why the Federal Government attaches great importance to this effort,” he said.

The Nigerian News Agency reports that the Federal Executive Council (FEC) recently approved the RAS project through the Design, Fice, Build, Operate and Transfer (DFBOT) Public Private Partnership (PPP) model.

The transaction received the ICRC Certificate of Compliance in accordance with the Provisions of the ICRC Act 2005 on December 17, 2021.

NAN


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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How Recycled SIM Card Linked to N50m Kidnapping Nearly Landed me in Jail – Businesswoman

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Titilayo Ibrahim, Nigerian businesswoman, has shared a harrowing experience of how she narrowly escaped imprisonment after a SIM card she purchased was linked to a N50 million kidnapping and murder case.

How Recycled SIM Card Linked to N50m Kidnapping Nearly Landed me in Jail - Businesswoman

In an interview with BBC Yoruba shared on Facebook, Ibrahim narrated how a routine business transaction quickly turned into a terrifying ordeal.

According to her, the nightmare began on October 16, 2025, when a purported customer contacted her business line to purchase nightwear.

The caller, a woman, claimed her own phone was faulty and that she was using her husband’s device.

After selecting two pieces, the woman asked for directions for pickup. Ibrahim shared the location of her estate junction, but upon arrival, she was met by two men who identified themselves as police officers and immediately arrested her.

The officers accused Ibrahim of being connected to a major kidnapping operation.

They alleged that the phone number she was using had been involved in a January 2024 incident where a N50 million ransom was collected before the victim was brutally murdered.

Ibrahim desperately tried to explain that the number was innocent, stating that she had only purchased the SIM card in April 2025—months after the crime took place—and used it strictly for her MiFi device.

The officers, reportedly led by Inspector Dauda Adamu of the Force Intelligence Department (FID) in Abuja, claimed that one of the phone numbers linked to her National Identification Number (NIN) was tied to the crime.

They took her to the State Criminal Investigation and Intelligence Department, and she faced intense harassment and the threat of being detained in Akure and transferred to Abuja.

In a bid to clear her name, Ibrahim and the officers visited an Airtel office.

On October 17, 2025, the telecommunications company officially confirmed from their records that the disputed SIM was indeed purchased and activated in April 2025.

“Even after confirming it at the network office, they still didn’t believe me. They harassed me and almost sent me to prison for what I know nothing about,” Ibrahim recounted.

Despite the undeniable evidence from the network provider clearing her of any involvement, the police still confiscated her phones, took them to Abuja, and instructed her to report there.

Her revelation has sparked widespread outrage and concern online.

Many Nigerians expressed shock at the incident, pointing out the growing dangers and security risks associated with telecommunication companies recycling inactive phone numbers or the hazards of inadvertently purchasing pre-registered SIM cards.

The incident highlights the terrifying reality of how easily innocent citizens can become entangled in complex criminal investigations.


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Ouranos Technologies Strengthens Board with Key Leadership Appointments

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Ouranos Technologies Limited has announced the appointment of Mr. Tajudeen Ahmed as Chairman of the Board of Directors, effective 1 January 2026.

Ouranos Technologies Strengthens Board with Key Leadership Appointments

Ouranos Technologies is an enterprise technology solutions integrator, managed services provider, and innovation lab in West Africa, specialising in IT infrastructure, networking, cybersecurity, cloud computing, artificial intelligence (AI), and digital transformation solutions for organisations across banking and financial services, telecommunications, energy, manufacturing, and the public sector.

Commenting on the appointments, Mr. Mfon Okon, Managing Director of Ouranos Technologies Limited, also confirmed the appointment of Mrs. Omokunbi Adeoti and Mr. Olalekan Olabode as Non-Executive Directors, further strengthening the Board’s strategic oversight as the company continues its regional expansion and technology leadership.

These appointments mark a significant milestone in the governance evolution of Ouranos Technologies, as it deepens its focus on enterprise technology delivery, cybersecurity innovation, and strategic partnerships across Africa.

Strengthening Governance for the Next Phase of Growth

Mr. Tajudeen Ahmed brings over 25 years of leadership experience spanning consulting, banking, manufacturing, capital markets, and large-scale corporate strategy execution.

He holds a BSc. in Accounting from Ahmadu Bello University, Zaria, where he graduated as Best Student in both the Department and Faculty, and an MBA, with Distinction, from the University of Leeds, United Kingdom.

A Fellow of the Institute of Chartered Accountants of Nigeria (FCA), Mr. Ahmed has held senior leadership roles across several prominent institutions including Arthur Andersen / KPMG, Zenith Bank Plc, Skye Bank Plc, Variant Advisory Limited, and BUA Group, where he served as General Manager / Group Head, Business Development. During his tenure at BUA Group, he played a key role in the listing of BUA Foods Plc on the Nigerian Exchange (NGX) and in securing regulatory approvals for the Bundu Free Trade Zone in Port Harcourt.

He holds Fellowships of other reputable institutions, including National Institute of Credit Administration (FICA), Enterprise Risk Management Professionals (FERP), and Nigerian Leadership Initiative (FNLI); as well as memberships of the Chartered Institute of Directors Nigeria (M.CIoD), Chartered Institute of Bankers of Nigeria (ACIB and HCIB), and Institute of Chartered Secretaries and Administrators of Nigeria (ACIS). He currently serves on the Board of the Society for Corporate Governance Nigeria (SCGN).

Mr. Ahmed currently serves as Associate Director (Deal Origination) at Lead Capital Plc, where he continues to drive strategic business growth.

Experienced Leaders Join the Board

Joining the Board as Non-Executive Director, Mrs. Omokunbi Adeoti brings over 24 years of leadership experience in human capital strategy, governance, organisational transformation, and customer experience across Sub-Saharan Africa.

She currently serves as Chief People Experience Officer at Leadway Group, where she provides strategic oversight for human capital and customer experience across 11 business entities and over 4,000 employees (FTE & non-FTE) spanning insurance, pensions, health, hospitality, and asset management operations.

Mrs. Adeoti has led large-scale transformation initiatives including enterprise restructuring, HR digitisation, and group-wide customer experience optimisation, driving measurable improvements in organisational performance, employee productivity, and customer engagement.

She has also played a key role in mergers and integration programmes, as well as the deployment of enterprise HR systems, enabling operational efficiency and scalability across the Group.

A Fellow of the Chartered Institute of Personnel Management (FCIPM), Mrs. Adeoti is a member of several global professional bodies, including the HR Forbes Council and the Society for Corporate Governance Nigeria (SCGN). She has received multiple recognitions for her leadership impact, including Peak Performing Woman of the Year (2023 and 2024).

Also joining the Board is Mr. Olalekan Olabode, a seasoned finance and operations executive with over 18 years of multinational experience in financial management, strategic planning, and operational oversight across complex, capital-intensive industries.

Mr. Olabode is a distinguished Finance Executive with over 21 years of leadership at the intersection of maritime logistics, global supply chain, and corporate finance. He has held senior executive roles at prominent logistics operators where he built a reputation for turning financial complexity into strategic advantage.

He has a proven history of making high-stakes treasury decisions under pressure navigating foreign exchange volatility, managing interest rate exposure, and manoeuvring one of the most challenging currency environments in Africa.

His governance frameworks are not simply compliance exercises; they are systems architected for resilience, built on rigorous internal controls that protect value and enable bold decision-making.

What distinguishes Olalekan is his rare ability to align financial performance with long-term strategic intent translating numbers into narratives that drive boardroom conviction and organizational momentum.

He builds teams that outlast his tenure, embedding structures, accountability, and a culture of excellence that compounds over time. His investment in mentorship has produced measurable leadership depth across every organization he has led.

A Fellow of the ACCA (UK), Certified Supply Chain Professional, and Executive MBA candidate at the Kellogg School of Management, Northwestern University, Olalekan brings both the technical mastery and the executive presence to lead at the highest levels.

Corporate Governance and Legal Advisory

Supporting the Board’s governance structure is Ms. Margaret Akpoyoware (ACIS), who serves as Company Secretary.

A seasoned legal practitioner with extensive experience in corporate advisory, commercial transactions, litigation, and regulatory compliance, she previously practised with Chief Rotimi Williams Chambers and Olajide Oyewole & Co. before founding Nero’s Practice, a multidisciplinary law firm providing legal advisory services to corporate and institutional clients.

Ouranos Technologies to Drive Africa’s Digital Transformation

“The appointment of Mr. Tajudeen Ahmed as Chairman, alongside the addition of accomplished professionals such as Mrs. Omokunbi Adeoti and Mr. Olalekan Olabode to our Board, represents an important step in strengthening the governance and strategic leadership of Ouranos Technologies,” Mr Okon, Managing Director of Ouranos Technologies Limited, added.

“As organisations across Africa accelerate their digital transformation journeys, strong governance, strategic insight, and operational discipline become even more critical.

“The depth of experience our new Board members bring will support Ouranos Technologies in delivering innovative, secure, and scalable technology solutions for our customers across the region,” Mr Okon said.

The strengthened Board reflects Ouranos Technologies’ commitment to strong corporate governance, innovation, and sustainable growth.

With operations spanning Nigeria and other West African markets, Ouranos Technologies operates as an enterprise technology solutions integrator, managed services provider, and innovation lab, delivering solutions across IT infrastructure, networking, cybersecurity, cloud computing, artificial intelligence, and digital transformation for organisations across banking and financial services, telecommunications, energy, manufacturing, and the public sector.

 


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Truecaller Hits 500m Users Milestone – Sets New Global Standard for Trusted Communication

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Truecaller, the leading global platform for safe and trusted communication, today announced that it has surpassed 500 million users worldwide, marking a significant milestone in the company’s mission to build trust in communication.

Truecaller Hits 500M Users Milestone – Sets a New Global Standard for Trusted Communication

Truecaller

The platform continues to see significant user growth, adding over 50 million users in 2025, and has surpassed 150 million users outside of India as demand for protection against spam, scam and unwanted communication continues to grow globally.

Truecaller also crossed 4 million paying subscribers globally earlier in the year, further strengthening one of its key revenue streams.

Crossing the 500 million mark underscores how trust has become one of the most essential layers in digital communication today.

“This is an important milestone for us, but it also says something bigger about the world we live in,” said Rishit Jhunjhunwala, CEO of Truecaller.

“More and more people need help navigating spam, scams, and unwanted communication every day. Reaching 500 million users shows the scale of that need, and the trust people place in Truecaller to help make communication safer.

“Our commitment remains focused on continuously strengthening Truecaller with smarter technology and new capabilities that protect users before, during, and after every call or message.

“Ultimately, our aim is to build a safer, more trusted communication ecosystem for everyone. We now have our sights set on the next milestone: 1 Billion users.”

With half a billion people using the platform every month, Truecaller has evolved beyond just Caller ID. It has become an essential part of how communication works safely in the digital age; a daily-use trust layer that helps people verify identities, avoid fraud, and make informed decisions about who they interact with.

Today, Truecaller operates as a global digital utility platform, embedded into everyday communication habits for hundreds of millions of people. From identifying unknown callers to preventing fraud and enabling safer messaging, the platform has become a habitual, daily-use service that supports safer interactions across the phone ecosystem.

Despite serving more than half a billion users globally, the company remains relatively lean, with a team of approximately 470 employees building and operating the platform for users around the world.

The company will continue to report the average number of monthly and daily active users on a quarterly basis in connection with its interim financial reports


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