General News
Nigeria Loses 12.5% Courier Companies Annually

Piqued by challenges ranging from regulatory, operational to managerial, the dearth rate of companies in the Nigerian courier sector stands at 12.5% per annum, according to information available to the Nigeria CommunicationsWeek.
The total number of licenced operators by the Nigerian Postal Service (NIPOST) as at December 2014 is 374, whereas Nigeria CommunicationsWeek gathered that only 80 of them are functioning optimally, bringing the exit rate to 79% in the last 30 years.
The dwindling trend in the sector was attributed to, but not limited to, lack of due regulation channel and absence of proper regulation; inimical activities of local government employees on Nigerian roads; misunderstanding of courier operators importance and schedule by the law enforcement agents and ultimately, non-recognition of the viability of the sector by the Federal Government.
Speaking in Lagos on the appalling state of the industry, Mr. Siyanbola Oladapo, president, Association of Nigeria Courier Operators (ANCO), said that the demand for reforms in the postal sub-sector has been recurring dismal in Nigeria’s policy formulation.
Oladapo recalled that the Department of Post and Telecommunication (P&T) was split during the regime of General Muhammed Buhari (rtd.) in 1985 (now President-elect). From the spilt emerged the Nigeria Telecommunications (NITEL) and the Nigeria Postal Service (NIPOST).
“Since the spilt, the telecoms sector has undergone several reforms cumulating in the tremendous investment and success especially with the advent of GSM. Although, NITEL has been comatose since then, however is it remarkable that the boost in the telecoms could not have been possible without the role of Nigeria Communications Commission (NCC).
“It is therefore regrettable that NIPOST and indeed, the entire postal sector have remained without noticeable reforms since its split from P&T”.
The ANCO President attribute the sorry state of the sector to the “non-reform in NIPOST” which he said, “has therefore negatively affected the Postal Sector including private courier companies. Instead of the Federal Government to create a neutral body to regulate the Postal Sector as it did for the telecoms, a department was carved out of NIPOST to regulate the private operators.
“Courier Regulatory Department (CRD) being a unit of NIPOST, not independent, so does not have the necessary Executive and Legislative powers to regulate, transform, and protect the Postal Sector,” he said.
Oladapo also sent a ‘Save Our Soul’ (SoS) message to President Muhammedu Buhari, to continue and complete the reform he started in the P&T 30 years ago as demand for the creation of a Postal and Courier Regulatory Commission (PCRC) had been made by body of private courier operators since the First Courier Summit held in 11 years ago.
Also, Mr. Okey Uba, ANCO’s secretary general bemoaned the lukewarm attitude in the Government quarters towards the plight of the sector adding that a Postal Commission Bill was sent to the 6th and 7th national Assembly for debate and passage through the Bureau for Public Enterprises (BPE), but none could scale through.
Meanwhile, the Federal Government sponsored an Executive Bill in that regards never materalised before the tenure of 7th NASS expired in June 2015.
ANCO said that the imperative for the passage of the Bill falls in line with the Universal Postal Union (UPU’s) recent drives on global reform of the postal sector.
Oladapo said that UPU (of which Nigeria is a signatory), has urged member countries to adhere strictly to this directive.
“We believe that with the passage of the P&C services Regulations Bill, a proper regulatory body shall be established for the sector”, he said.
Nodding in agreement, Mrs Lara Okuneye, vice president (ANCO), said that from the Political point of view, the newly inaugurated government should not ditch the achievements recorded by the outgoing government rather push for the passage of the Bill.
According to her, this is an industry that all involved will benefit, with immediate impacts like job creation, and contribution to the gross domestic products (GDP).
Also, Toyin Adeojo, publicity secretary of ANCO, said that States and Local Governments share in the blame, as their agencies are all out to ‘snuff life’ out of the existing courier operators through multi-taxations and other obnoxious charges.
He called on the new governments to convoke stakeholders’ forum for further deliberations on how to restore the dignity of the courier sector in the country.
General News
Kaspersky Reveals How Digitalisation is Influencing Family Life

Kaspersky’s latest global research shows that mostly all people currently interact with their family members digitally: 86% of all participants communicate with family via messaging apps, 58% have regular video calls, and 44% have even established joint streaming service accounts.

While digitalisation offers unprecedented convenience and flexibility in family communication, Kaspersky experts warn that this increased online connectivity demands a heightened awareness of digital safety practices and the protection of devices.
Communication in the digital sphere has become an integral part of everyday life. Thanks to video calls and instant messaging, we can maintain connections with our loved ones, no matter where we are.
Digitalisation has reshaped not only how we communicate, but also how we spend our free time together. Kaspersky has conducted a survey* to reveal the common patterns of modern family life in the digital age and discover the cybersecurity challenges that lurk beneath our screen interactions.
Cyber safety during family communication
According to the survey, regular messaging via WhatsApp, Telegram, Signal, Viber and other messenger apps were top of users’ choices when communicating with their families.
People in the 35-54 age group were the most likely to engage this way, with 89% of respondents choosing this option. Video calls were a much less popular option among respondents as a way of keeping in touch with relatives, with only 58% choosing this digital solution.
Another popular way of staying connected online for many families is exchanging posts and memes on social media and messengers (53%). The 18-34 age group leads this trend with a 58% participation rate, showcasing how humor and shared cultural references are becoming essential family bonding mechanisms.
The older generation (above 55 years old) is in general less digitally engaged than other ages, though the share of those who chat with their families in messengers is on par with the average (85%). 42% of this age group even exchange memes and posts via social media.
Despite the fact that older people are more active in the digital sphere, they may still not be ready to face cyber threats and scams. Users should therefore educate their older relatives on how to stay safe online and use gadgets securely.
Even for advanced users, communication online carries potential cyber security risks. From phishing attempts disguised as legitimate messages to sophisticated social engineering attacks, the digital battlefield operates within our most personal communication channels.
To ensure the complex protection for your messengers it’s highly recommended to enable two-factor authentication where possible, use unique, complex passwords for each account, remain skeptical of unexpected links or attachments, use a reliable security solution with anti-phishing protection for messengers and follow security tips from Kaspersky experts.
Family accounts – convenience or risk?
The survey shows that in their free time 70% of families choose to watch movies together, with 44% having family streaming accounts. Online games do not have such popularity as a family pastime, with only 35% of general respondents opting for them.
While sharing streaming subscriptions and gaming accounts may seem like a cost-effective solution, it opens the door to a host of digital vulnerabilities that can compromise your family’s security and privacy, especially when an account is used by different family members under the same login and password. Such accounts create a perfect storm for security breaches.
If one family member’s device is compromised, hackers gain access to the entire account. Additionally, password reuse across multiple platforms means that a single breach could expose your financial information, email accounts, and other sensitive data. To manage all passwords securely, it’s highly recommended to use a password manager for all family members.
“As our family life moves more and more online, it opens up amazing ways to stay close and create memories – but it also brings new risks, like scams and hacking. Kids and older relatives can be especially at risk, so looking out for each other online is really important.
“Protecting your digital privacy and using cybersecurity measures is an important way to care for your loved ones and keep your family safe”, comments Marina Titova, Vice President for Consumer Business at Kaspersky.
General News
NCC Slaps ₦250,000 Fee on Trial Licences to Spur Telecom Innovation

Nigerian Communications Commission (NCC) has rolled out a new ₦250,000 application fee for companies seeking temporary approval to test innovative telecom services, aiming to fast-track sector modernisation while safeguarding consumers.

NCC
The fee targets the newly launched Interim Service Authorisation (ISA), a short-term licence enabling telecom operators, startups, and tech firms to trial novel offerings in live markets before full commercial rollout. Contained in NCC’s freshly published General Authorisation Framework, the charge covers administrative processing, with successful applicants potentially facing extra costs for spectrum or numbering resources.
Under the rules, firms pay the ₦250,000 upfront upon application. Trials run for an initial three months, renewable once up to six months total, capped at 10,000 users and restricted geographically. Operators must prove their service is genuinely new, detail regulatory hurdles, outline consumer safeguards, and submit monthly reports, all while upholding data protection, security, and rights obligations.
NCC Executive Vice-Chairman Aminu Maida, who previewed the draft in July, said exploding tech advances had outstripped old licensing models, necessitating reform to foster innovation without skimping on public safeguards. The ISA lets providers gauge technical viability, market appetite, and risks, while regulators scrutinise quality and impact pre-scale-up.
“This framework strikes a balance—unleashing experimentation in spectrum sharing, Open RAN, and alternative connectivity, minus the pitfalls of unchecked rollouts,” an NCC statement noted. Participation offers no automatic path to full licences; commercial bids hinge on fresh evaluations and category fits.
Industry players hailed the move as a risk-reducer for unproven ideas, potentially slashing flop costs in Nigeria’s cut-throat telecom arena. With participation limited and monitoring rigorous, the NCC bets on controlled pilots to propel breakthroughs, cementing Africa’s giant as a digital vanguard.
As operators eye 5G-plus frontiers, the ISA arrives amid investor clamour for agile rules, positioning Nigeria to harvest homegrown tech leaps without consumer blowback.
General News
Naira Smashes Through ₦1,400 Barrier in Official FX Rally

Nigerian naira strengthened to a record high of about ₦1,400 to the US dollar at the official market during midweek trading, continuing an appreciation trend seen since the start of the week.

FX
Data released by the Central Bank of Nigeria (CBN) showed that the currency appreciated by 1.26 per cent on Tuesday, January 27, at the Nigerian Foreign Exchange Market (NFEM), with the dollar quoted at ₦1,401.22. This represented a gain of ₦17.73 compared with the ₦1,418.95 recorded on Monday, January 26.
The naira had already posted significant gains in the previous session, closing at around ₦1,401.20 per dollar, its strongest level since the introduction of the Electronic Foreign Exchange Matching System (EFEMS).
The currency has recorded incremental daily gains in recent sessions, rising between 0.1 per cent and 0.36 per cent on some trading days. In the parallel market, bureau de change operators in Lagos quoted the dollar between ₦1,475 and ₦1,490 on January 27, with average buying and selling rates of ₦1,480 and ₦1,490 respectively.
Market analysts attribute the improved performance at the parallel market to enhanced foreign exchange liquidity and further regulatory reforms implemented by the CBN.
The naira has sustained its upward momentum into early 2026, building on the gains recorded in 2025, when it posted its strongest performance in over a decade, appreciating between 7 and 9 per cent against the US dollar.
Analysts generally expect the currency to remain within a relatively stable range in the medium term, with several projections indicating it will trade between ₦1,400 and ₦1,500 to the dollar this year, supported by improved liquidity and ongoing macroeconomic reforms.
The Nigerian Economic Summit Group has projected that the naira will trade at around ₦1,480 to the dollar in 2026. The group also expects Nigeria’s external reserves to rise steadily to about $52 billion, driven by the consolidation of recent reforms and sustained stabilisation efforts.
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