Connect with us

/home/kenneth/web/nigeriacommunicationsweek.com.ng/public_html/wp-content/themes/zox-news/parts/post-single.php on line 153
">
Warning: Undefined array key 0 in /home/kenneth/web/nigeriacommunicationsweek.com.ng/public_html/wp-content/themes/zox-news/parts/post-single.php on line 153

Warning: Attempt to read property "cat_name" on null in /home/kenneth/web/nigeriacommunicationsweek.com.ng/public_html/wp-content/themes/zox-news/parts/post-single.php on line 153

The Courier Industry and Regulation

Published

on

Kindly share this post

Recent development on government agencies and departments regulating their counterparts across different sectors of the economy heightened recently as Nigerian International Air Couriers Association (NIACA) and Association of Nigeria Courier Operators (ANCO) at a joint press conference appealed to Federal Government and relevance authorities to intervene by revoking the act mandating NIPOST to act as courier and postal industry regulator.

Investigation revealed that outdoor advertising practitioners in Lagos once alleged that Lagos State Signage and Advertising Agency (LASAA), which ought to be an industry regulator is being managed by a competitor, Mr. Makanjuola Alabi, chief executive officer of LASAA, who is touted to be the owner of Altmedia, one of the frontline outdoor contractors in Lagos State.

The same controversy however, has resurfaced in courier and logistics industry, where operators under the aegis of Niaca and Anco, is advocating a paradigm shift from the status quo that gives Nipost the authority to regulate and sanction competition.

At the meeting attended by the industry players, the purpose for the meeting was to update the media on developments relating to a bill for an act to provide for the Operation and Development of Postal Service, the establishment of the Nigerian Postal Commission and Other Related Matters in the past year.

Some of the developments, according to Toyin Olufade, Anco president include the act that mandates NIPOST to regulate the industry, multiple taxation on the players particularly private sector players, funding of the commission, licensing regime, composition of the governing board, distinction between courier service and postal service and the contribution of Universal Postal Service fund amongst others.

Speaking on some of the issues seriously affecting the industry, Dipo Akinyele, Chairman of Niaca said, ‘while we await the outcome of the deliberations of the Honourable House of Representative Committee on Communications, we would like to seize this opportunity to draw the attention of the general public to the impact of certain aspects of the Bill on the courier express industry.

Like what is obtainable in other industries such as advertising, telecommunications, research and oil and gas where government set up an independent agency to regulate a specify industry, Niaca and Anco welcome the establishment of an independent regulatory body to be known as the Nigerian Postal Commission (NPC) which would take the powers of a regulator from Nipost with the group represented in the governing board.

Akinyele said "The services offered by Courier Express companies differ from those of postal operators, consequently different rules should apply to their operations. Our focus is entirely on time sensitive and time definite services."

The issue of licensing regime was equally emphasised. The group frowned at the current licensees operating under the Nipost Act. Akinyele stated that "Licensees hitherto operating under the Nipost Act are required to apply for new licenses. This portends a grave commercial risk to existing license holders and our recommendation is that where a license is valid, legal and still subsisting; it should be persevered until the expiration of the license and should be eligible for renewal. Whilst the Bill recognizes the benefit of multiple courier express operators there is no provision for the existence of multiple postal operators" he emphasized.

Discordant voices have trailed the activities of Nipost which regulates while offering same services as industry operators.

Concern was also raised over the UPS fund under section 82 (2) b, which contribution would be made by licensee based on the annual turnover paid by licensees, to be determined by the NPC.

 
The group said, "both Niaca and Anco are not opposed to the establishment of the UPS fund, however the contributory request made on the licensees would further increase the financial burden of licensees and make the operating terrain more difficult for existing operators and new entrants."

They also raised concern over some adverse marketing effect has the result of the current rules governing the business and emphasis that relevance authorities particularly national assembles intervene by enacting laws that would throw up a conducive and friendly business environment that would be mutually beneficial to the operator/consumers and government.

However, it looks like the days of Nipost strategic positioning of a player and a regulator is fast winding up going by the horse-trading embarked upon by the concern industry groups.


Kindly share this post

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.

Continue Reading
Advertisement
Comments

Warning: Undefined array key 0 in /home/kenneth/web/nigeriacommunicationsweek.com.ng/public_html/wp-content/themes/zox-news/parts/post-single.php on line 493

Warning: Attempt to read property "cat_ID" on null in /home/kenneth/web/nigeriacommunicationsweek.com.ng/public_html/wp-content/themes/zox-news/parts/post-single.php on line 493

E-Financial

Mastercard, BMONI Launch Multi-Currency Payment Cards in Nigeria

Published

on

Kindly share this post

Mastercard, global technology company in the payments industry and BMONI, smart digital wallet designed as a modern alternative to traditional banks have partnered to launch a new suite of virtual and physical payment cards in Nigeria, marking a significant step in the country’s expanding digital payments ecosystem.

Mastercard, BMONI Launch Multi-Currency Payment Cards in Nigeria

The new cards, available in both Naira and US dollars, are designed to support seamless domestic and international transactions.

The partnership combines Mastercard’s global payments infrastructure with BMONI’s AI-powered financial platform to deliver one of Nigeria’s first locally issued international card programmes focused on multi-currency functionality and instant digital access.

The launch comes as Nigeria’s e-commerce market continues to grow rapidly, with increasing demand for globally accepted digital payment solutions.

Through the BMONI mobile app, users can instantly create multiple virtual cards tailored for different spending needs, including travel, subscriptions, online shopping, and daily expenses.

The platform aims to give users greater visibility and control over spending through real-time tracking and customizable card management features.

Folasade Femi-Lawal, country manager for West Africa at Mastercard, said the collaboration aligns with the country’s accelerating digital transformation.

“This collaboration brings together a trusted global network with an innovative platform to deliver real value—instant card access, multi-currency flexibility, and seamless cross-border transaction capabilities,” she said.

Ashwin Ravichandran, head of Product at BMONI, said the partnership is focused on improving financial accessibility and user control.

“Our goal is to remove friction between people and their money. Partnering with Mastercard allows us to provide global access and financial control at a level previously unavailable to Nigerian consumers,” Ravichandran said.

The launch reflects a broader FinTech trend across Africa, where digital-first financial services providers are increasingly partnering with global payment networks to expand access to cross-border commerce, embedded finance, and multi-currency payment solutions.

The service is now live, with users able to access the offering directly through the BMONI app.

 

 


Kindly share this post
Continue Reading

General News

NCDC Enhances Monitoring, Releases Advisory amid Rising Global Hantavirus Cases

Published

on

Kindly share this post

Nigeria Centre for Disease Control (NCDC) has intensified nationwide disease surveillance following reports of a Hantavirus infection cluster connected to international cruise ship travel involving several countries.

NCDC Enhances Monitoring, Releases Advisory amid Rising Global Hantavirus Cases

Dr Jide Idris, director-general, NCDC, in a public health advisory, confirmed that Nigeria has not recorded any confirmed Hantavirus case and stated that the overall public health risk remains low.

According to the agency, the reported outbreak currently involves a limited number of confirmed and suspected infections linked to cruise ship exposure, while international investigations and contact tracing efforts continue.

The NCDC explained that the advisory was released to strengthen national preparedness and encourage vigilance against emerging infectious diseases amid growing global concern surrounding the outbreak.

Health authorities noted that Hantaviruses are mainly transmitted through exposure to infected rodents, their urine, saliva, droppings, or contaminated dust particles. Symptoms may include fever, fatigue, muscle pain, gastrointestinal illness, and in severe cases, respiratory complications.

The current outbreak has reportedly been associated with the Andes virus strain, which has shown limited human-to-human transmission through close contact in previous cases.

The NCDC stated that enhanced monitoring systems have been activated nationwide to support early detection and rapid response efforts.

The agency also urged Nigerians to maintain proper hygiene, prevent rodent infestations, safely store food items, and avoid exposure to rodents and contaminated environments.

Officials further advised the public to rely only on verified information from recognized health authorities and avoid spreading misinformation regarding the outbreak.

 

 


Kindly share this post
Continue Reading

Broadcasting

Metro Digital, Nigerian Firm Accuses Multichoice Of Refusal to Obey Court Judgements

Published

on

Kindly share this post

Metro Digital Limited, a  licenced Indigenous broadcasting organisation,  has accused Multichoice, pay television company, of refusing to obey judgements emanating from Courts in Nigeria.

Metro Digital, Nigerian Firm Accuses Multichoice Of Refusal to Obey Court Judgements

It said the latest of such judgements is the one that was delivered by Justice Chinelo Odili of Rivers State High Court on May 4, 2026 in Suit No. PHC/3943/FHR/2025.

Dr. Paul Osuji, operations manager of Metro Digital,  at a press conference in Port Harcourt, Rivers State,

said the suit was filed by the organisation and two others against Multichoice and the Economic and Financial Crimes Commission (EFCC).

Osuji stated that Justice Odili has in the judgement described the arrest of a staff member of the company and the carting away of it’s properties and disruption of it’s broadcasting business by the EFCC over a civil dispute of copyrighy as unlawful and violations of the applicants’ rights.

The manager recalled that in October 2025, Multichoice instigated the EFCC to read their office in Port Harcourt, arrested a staff of the company and staff of another company, while the suit was still pending.

“On October 16, 2025, the premises of Metro Digital Limited, a licenced indigenous broadcasting organisation was raided by the Nigerian anti-graft agency, EFCC, instigated by Multichoice Nigeria, purportedly acting on a preservation order made by the Federal High Court sitting in Port Harcourt over the sub licensing of broadcasting content right.

“The preservation order came from a civil dispute already adjudicated by the Court of Appeal No. CA/CS/188/2021 – Multichoice Vs Metro Digital Limited and 20 others, which is a subject of a pending appeal -No. SC/CV/1248/2022 -Multichoice and 20 others before the Supreme Court.

“Instructively, while suit No. PHC/ 3943/ FHR/2025 was still pending, Metro Digital Limited filed an application to set aside the said preservation orders of the Federal High Court sitting in Port Harcourt and presided over by Hon. Justice A.T Mohammed.

“In his ruling delivered on December 10, 2025, set aside the preservation orders and it’s legal execution on Metro Digital Limited. The court also ordered EFCC to return unconditionally all the properties and records of Metro Digital Limited, illegally and unlawfully carted away during the raid but the agency has till today not obeyed those orders of the Court,” he said.

Metro Digital Limited is known for operating SLTV, a direct-to-home satellite television service launched to provide affordable, locally-owned alternatives to international pay TV


Kindly share this post
Continue Reading

Trending