Fix Africa News Magazine The Nigerian Communications Commission (NCC) has embarked on a cost-based study to set the new pricing regime for mobile international termination rate (ITR) for inbound international voice calls in the country. The ITR is the rate paid to local operators by international operators to terminate calls in Nigeria. As part of the process for the rate determination, the Commission has organised a virtual stakeholder engagement forum with relevant industry stakeholders to intimate them with the ongoing cost-based study and the need to cooperate with Messrs Payday Advance and Support Services Limited, the consultants engaged to carry out the study. Addressing the stakeholders in Abuja recently, the Executive Vice Chairman of NCC, Prof. Umar Danbatta, said the study has b...
Olalekan Ponle, a Nigerian held in the United States for alleged multi-million-dollar fraud, has been indicted by the grand jury, a group of lawyers empowered to conduct legal proceedings and investigate potential criminal conduct. Ponle, popularly known as Woodberry, alongside Ramoni Abbas, also known as Hushpuppi, was arrested in the United Arab Emirate on June 10 for multiple fraud charges after a raid by operatives of the Dubai crime unit. According to the complaint, an unnamed Chicago company was defrauded into sending wire transfers totalling $15.2 million. Companies based in Iowa, Kansas, Michigan, New York and California also were victims of the fraud, prosecutors say. Newsmen reported how the Federal Bureau of Investigation (FBI) nabbed Ponle through details accessed from his What...
Sourced from Women in Tech Africa. To lay bare the scale of challenges small businesses are facing during the COVID-19 pandemic, and to understand their ongoing challenges and areas for further support, Facebook published the Global State of Small Business Report. Compiled in partnership with the World Bank and the OECD, it surveyed over 30,000 small business owners and employees from around the world in over 50 countries. In South Africa, the survey reveals that despite the challenges, SMBs are optimistic, but that there is a long-term jobs crisis on our hands. Over 44% of operational SMBs on Facebook feel optimistic about the future of their business, with 42% of female-led SMBs on Facebook (and 66% of male-led SMBs) currently operational or engaging in revenue led activities. /* custom ...