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Queen Maxima Pays Scheduled Visit to NCC

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L-R Tony Ojobo, Director Public Affairs Nigerian Communications Commissions (NCC); Sunday Dare, Executive Commissioner Stakeholder Management, NCC; Her Majesty Queen Maxima of The Netherlands and UN Secretary General's Special Advocate on Financial Inclusion for Development; Prof. Umar Danbatta, Executive Vice Chairman, (EVC) of NCC; and Miss Josephine Amuwa, Director Policy, Competition and Economic Analysis NCC
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Nigerian Communications Commission NCC has played host to Her Majesty, Queen Maxima of the Kingdom of The Netherlands, as part of her global itinerary for advocacy on financial inclusiveness to enhance individual and national development.

 

Her Royal Majesty, who visited the Commission in her capacity as the Special Advocate of the United Nations’ Secretary General for Inclusive Finance for Development, was received with NCC’s renowned warmth and enthusiasm by the Executive Vice Chairman of the Commission, Professor Umar Danbatta, who led other Management staff that include the Executive Commissioner Stakeholder Management, Mr. Sunday Dare.

 

 

Speaking during her visit, She commended NCC’s robust regulation of telecommunication services in Nigeria, its collaboration on national financial inclusion strategy, and promised to support Nigeria to achieve greater safe, sound and sustainable financial inclusion.

 

Financial inclusion according to UN and amplified by Wikipedia, is access to a full range of financial services to all households at a reasonable cost; build around sound and safe institutions governed by clear regulations and performance standards; financial and institutional sustainability for continuity and certainty of investments; and competition to ensure choice and affordability.

 

Prof. Danbatta, Executive Vice Chairman of the Commission, said that available statistics demand a strategic response to ensure greater financial inclusion in Nigeria, and recalled that Nigeria’s National Financial Inclusion Strategy is set to reduce the percentage of the financially excluded adult population in Nigeria to 20 percent by Year 2020, and that as at 2016, about 40.1 percent of the Nigerian adult population are financially excluded.

 

The EVC informed the Queen that NCC is very much committed to the actualization of the National Financial Inclusion Strategy. “Just recently, the final draft of a Memorandum of Understanding between CBN and NCC was signed, and the CBN-NCC Joint Technical Committee on Mobile Money has instituted processes that will ensure that Mobile Network Operators, MNOs, register Special Purpose Vehicles, SPVs, to enable them become Mobile Money Operators (MMOs)” He stated.

 

Prof. Danbatta, praised the Queen for her global efforts at promoting financial inclusion and noted that Her Majesty has been “a leading global voice advancing universal access to affordable, effective, and safe financial services”, a worthy duty and service which Her Majesty’s commitment is further demonstrated by the visit to Nigeria and the Commission.

 

Queen Maxima commended NCC for its numerous regulatory strides and in particular the Commission’s collaboration with other stakeholders especially the Central Bank of Nigeria to ensure greater financial inclusion in Nigeria.

 

She stated that, she was in Nigeria in 2012 when the National Financial Inclusion Strategy was instituted and prayed that Nigeria is able to sustain the ongoing collaboration to ensure the achievement of the Strategy targets.

 

Her Majesty cited Mexico among many nations that have made giants strides in rural connectivity, which is a critical backbone needed to enhance financial inclusion and terms of the identity factor which is also central to financial inclusion programmes,

 

The Queen expressed delight that the National Identity Management Commission is on the right track in discharging its component of the responsibilities towards attaining greater financial inclusion.

 

On Her Majesty’s delegation is Seb Molineus of the World Bank; Sebnem Sener of the Office of the UN Secretary General’s Special Advocate for Financial Inclusion; Dr. Michael Wiegand of Bill and Melinda Gates Foundation, all of who spoke about the potentials of Nigeria and the need to move steadily and quickly towards ensuring financial inclusion for all.

 

Also on the delegation is Nigeria’s Dr. Abi Jagun, the Programme Officer of the Bill and Melinda Gates Foundation’s Financial Services for the Poor.

 

Her Majesty Queen Maxima of The Netherlands is a mother of three, graduate of economics, and former investment banker – was appointed in 2009 as the Special Advocate of the United Nations Secretary General on Inclusive Finance for Development.

 

The Queen has served in this capacity since 2009 amplifying the voice of the UN for the democratization of access to “affordable, effective and safe financial services” to all.

 

Since early 2000, when financial inclusion was identified as correlation to poverty and underdevelopment, the UN has leveraged popular voices such as Her Majesty’s to raise the banner of awareness and instituted programmes to ensure more persons globally are able to access “sound and safe” financial services at reasonable costs to strengthen the fight against poverty and accelerated economic growth and development of nations.


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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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TikTok, Instagram Blamed in US Youth Suicide Lawsuit

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Major social media giants Meta Platforms, TikTok and Alphabet’s YouTube will face a landmark jury trial this week in Los Angeles County Superior Court over allegations that their addictive designs have fuelled a youth mental health crisis, marking the first such case to reach this stage.

TikTok, Instagram Blamed in US Youth Suicide Lawsuit

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The pivotal personal injury lawsuit centres on a 19-year-old Californian woman identified as K.G.M., who claims her childhood immersion in Instagram, Facebook, YouTube and TikTok—engineered with endless scrolls, autoplay videos, notifications and algorithms—sparked severe anxiety, depression and suicidal thoughts.

Dozens of similar suits have surged since 2022 from families, schools and states, accusing the firms of burying internal research on teen harms while prioritising ad revenue through youth-targeted engagement hooks, despite Section 230 protections for user content.

Plaintiffs seek damages and design overhauls, arguing platforms bypassed parents and preyed on vulnerable kids; defendants counter there’s no clinical “social media addiction” diagnosis, no proven causation—kids with issues often use less—and they’ve added safeguards like parental controls and time limits.

Echoing Australia’s under-16 bans, the trial will scrutinise thousands of internal documents, expert testimonies and K.G.M.’s story, potentially expanding tech liability amid debates where studies show complex links, not direct causation, between screen time and disorders like eating issues or self-harm.

A win could mandate warning labels, age gates or algorithm tweaks, reshaping global platforms as U.S. Surgeon General advisories and global scrutiny intensify pressure on Big Tech to prioritise child safety over profits.


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Meta Tests Paid Subscriptions Across Instagram, Facebook, WhatsApp

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Meta is gearing up to trial paid subscription services on Instagram, Facebook, and WhatsApp, aiming to diversify revenue streams beyond advertising while maintaining free core access for all users.

Meta Tests Paid Subscriptions Across Instagram, Facebook, WhatsApp

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The subscriptions will offer enhanced tools tailored for everyday users, creators, and businesses, including advanced content creation, sharing, and workflow features distinct from the existing Meta Verified verification program. Unlike a uniform rollout, Meta plans varied testing formats per app to match diverse audiences, experimenting with feature bundles based on user feedback to refine the model.

A key element involves integrating Manus, the autonomous agent firm Meta acquired for $2 billion in December, into these apps alongside its enterprise sales. Manus enables complex task automation with minimal input, with early signs like Instagram shortcuts already spotted by reverse engineer Alessandro Paluzzi.

Video tools feature prominently: Meta’s Vibes short-form video generator in the Meta AI app shifts to freemium, where paid tiers unlock higher monthly creation limits beyond the free baseline. On Instagram, subscriptions could enable unlimited audience lists, non-follower tracking, and anonymous Story views, though specifics for Facebook and WhatsApp remain under wraps.

Drawing from Meta Verified’s 2023 launch—which provides badges, support, and protection mainly for creators—these broader plans target wider appeal amid industry shifts. Ad growth slows against TikTok competition, while Snapchat+ boasts 16 million subscribers at $3.99 monthly, proving demand for value-driven paid perks despite subscription fatigue risks from streaming and storage fees.

Meta will phase tests gradually, prioritizing feedback to shape long-term viability without alienating free users.


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New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

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The International Rescue Committee (IRC) has announced the formation of Airbel Ventures, a new humanitarian impact investing fund aimed at accelerating the introduction and scaling of breakthrough technologies in crisis-affected communities.

The fund will invest in companies whose ideas have the potential to change humanitarian response, including digital infrastructure for frontline health systems and climate-resilient agriculture.

The launch of Airbel Ventures follows a period of rapid innovation at the IRC, despite the humanitarian sector facing record funding cuts.

In the past year, the IRC’s Airbel Impact Lab has advanced more than twenty Artificial Intelligence (AI) and technology initiatives—from anticipatory action tools powered by climate and vulnerability data, to frontline service delivery using safe, orchestrated AI systems, to breakthrough diagnostic tools for emerging diseases.

Airbel Ventures’ first impact investment is in Signalytic, a company delivering solar-powered computing devices that ensure reliable electricity and connectivity for remote health facilities.

Following the investment, the IRC will pilot Signalytic’s technology with its Nigeria Health team, demonstrating the viability of next-generation digital infrastructure in humanitarian settings.

“We know breakthrough solutions already exist—what’s missing is the path to scale in humanitarian contexts,” said Dr. Jeannie Annan, Senior Vice President for Research & Innovation at the IRC and head of the Airbel Impact Lab.

 


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