Business
NCC Committed to Tackling Telecom Infrastructure Deficit – Danbatta
NCC Committed to Tackling Telecom Infrastructure Deficit – Danbatta
AJAGBE ADEYEMI TESLIM
Sponsored by: H&H
The Nigerian Communications Commission (NCC) is irrevocably committed to the implementation of various regulatory initiatives and programmes, in collaboration with all stakeholders in the telecom ecosystem, towards bridging identified gaps and shortages in critical telecom infrastructure in the country.
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of NCC, Prof. Umar Garba Danbatta, stated this during an in-house interview which took place at the Commission’s Head Office in Abuja recently.
The EVC emphasized the centrality of infrastructure to telecom service provisioning by asserting that availability of broadband in sufficiency was non-negotiable and irreducible in the nation’s strategy towards delivering pervasive telecom services.
Danbatta also put the efforts of Government in context towards addressing infrastructure gaps, and commended both state and non-state actors for the vision, diligence and continued dedication to the implementation of the Nigerian National Broadband Plan (NNBP) 2020-2025, an initiative of the Federal Government, being driven by NCC and conceived to address infrastructure gaps in the telecom and ICT sector.
The EVC said he was gratified that the new plan particularly took into consideration, the identified gaps and challenges in its precursor, the National Broadband Plan 2013-2018, which implementation the NCC was equally central to.
According to Danbatta, one of the identified gaps to robust connectivity was the fact that inadequate infrastructure remained a bane to achieving desired broadband penetration to boost access to services that will enhance economic growth and development.
He emphasised that the Commission recognises the importance of infrastructure expansion and this explains its unequivocal commitment and desire to see the licensed Infrastructure Companies (InfraCos) work speedily and with precision to cascade fibre to the hinterland, in order to enhance robust telecom service provision.
He said the InfraCo licensees, expectedly, also prioritize stipulated licensing conditions to ensure expected milestones set by the Commission are achieved.
The EVC stated that Commission’s target for licensing the infraCos was to ensure the deployment of fibre infrastructure needed for pervasive broadband penetration across the 774 local government areas (LGAs).
This, he said, will ensure access to telecoms services in the hinterlands of the country, and by so doing address the challenges of access confronting the unserved and underserved areas of the country.
Danbatta also placed on record Commission’s desire for inclusiveness as seminal to erecting sustainable telecom architecture.
This, according to him is critical in ensuring the achievement of Federal Government’s target on digital access and financial inclusion.
One visible area of beneficial financial service riding on telecom infrastructure is the provision of Unstructured Supplementary Service Data (USSD) for financial transactions across various financial institutions’ platforms.
This feat, Danbatta asserted, has brought ease to financial transactions, even as he recalled that NCC is providing support for e-payment initiatives and policies of the Central Bank of Nigeria (CBN), including the e-Naira project, which is the digital currency issued and regulated by the apex bank.
“So, the Commission is committed to ensuring inclusiveness by ensuring the provision of affordable and pervasive accessibility to the Internet as emphasised by the International Telecommunication Union (ITU) and the United Nations (UN).
We are aware that until commensurate infrastructure is deployed in the country, the country may not hit the required target necessary for the desired economic development,” the EVC added.
Additionally, Danbatta stated that the Commission has recorded remarkable progression with respect to contribution to Gross Domestic Product (GDP).
This is besides facilitating investment, enhancing Quality of Service (QoS) to enhance consumer quality of experience and stakeholder satisfaction in line with the expectations of the Strategic Management Plan 2020-2024.
He assured that Commission will heightened efforts in all areas of the Plan as streamlined in new Strategic Vision Implementation Plan (SVIP) 2021-2025, including facilitating strategic collaboration and partnering through which it has forged quantifiable strategic alliances with its ever-expanding array of stakeholders.
Concerning NCC’s pioneering strides in the deployment of Fifth Generation (5G) network in Sub-Saharan Africa, Danbatta explained that the rollout of 5G network in Nigeria will require more infrastructure for the service to reach all parts of the country.
He called for concerted efforts and unwavering commitment of all stakeholders for the nation to achieve steady, timely and accurate deployment of 5G services because of its benefits to individuals, businesses and the growth of the country.
Business
Zenith Bank Says It Now Has best IT infrastructure After Successful Upgrade, Commends Customers
Zenith Bank Says It Now Has best IT infrastructure After Successful Upgrade, Commends Customers
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward.
This upgrade follows a recent comprehensive technology enhancement.
The bank expressed its heartfelt gratitude to customers for their support and patience throughout the upgrade process, while also extending apologies for any inconveniences experienced during this time.
This announcement was made in a social media post on Wednesday, signed by Dame Dr. Adaora Umeoji, OON, the Group Managing Director/CEO.
In her message, the GMD/CEO emphasized the bank’s commitment to delivering an unparalleled service experience, stating, “We undertook this upgrade to ensure we can offer our customers the best possible service.”
Umeoji pledged that Zenith Bank will continue to innovate, ensuring that customer needs are met swiftly, safely, and conveniently.
The post read in part: “On behalf of the Board, Management, and Staff of Zenith Bank PLC, I would like to thank you for your patience and support during our IT infrastructure migration to a new and more robust operating system.
“We are truly grateful for the trust and confidence you have placed in us. The primary reason for undertaking this extensive endeavor was to better position Zenith Bank PLC for improved service delivery to all our valued customers and to create memorable banking experiences at all our touchpoints.
“While I regret the inconveniences and challenges you faced during and immediately after our migration, I am pleased to inform you that Zenith Bank PLC now has the best technology infrastructure in the industry. We are committed to ensuring you experience superior service delivery going forward.
“Rest assured, you remain our top priority, and Zenith Bank will continue to innovate and offer value-added products and services to meet all your banking needs quickly, safely, and conveniently.”
Business
Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024
Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 at Eko Hotel in Victoria Island, Lagos.
This honor comes less than a week after Polaris Bank was named Nigeria’s Digital Bank of the Year for the fourth consecutive year, further solidifying its status as a leader in Nigeria’s digital banking landscape.
At the event, attended by representatives from all nominated companies, Polaris Bank’s VULTe app stood out among its peers, winning the hearts of users and the recognition of industry experts.
The Digital Jurist Awards Committee had nominated Polaris Bank in three categories: Best Website, Best Web Portal, and Best Mobile App.
The Bank’s innovative approach and customer-centric digital solutions have made it a formidable contender in each category, with VULTe’s win affirming the Bank’s continued drive to redefine digital banking in Nigeria.
Commenting on the the award, Polaris Bank’s Managing Director/CEO, Kayode Lawal expressed gratitude for the recognition and reiterated the Bank’s commitment to providing seamless, reliable, and secure digital solutions.
“This award continuously shows our dedication to delivering the best digital experiences to our customers. We will continue to push the boundaries of innovation to ensure that our platforms remain intuitive, accessible, and impactful,” he said.
Polaris Bank’s VULTe app has gained widespread acclaim for its user-friendly design, robust security features, and diverse functionalities, enabling customers to manage their banking needs from the comfort of their devices.
Winning the “Best Mobile App” award is yet another milestone in the Bank’s digital journey, reinforcing its position as a digital pioneer in Nigeria’s banking sector.
The Bank extends its gratitude to the Digital Jurist Awards Committee and its loyal customers for their continued trust and support.
Polaris Bank is committed to advancing digital banking in Nigeria, creating convenient, modern, and secure solutions that cater to the evolving needs of its customers.
Polaris Bank was adjudged Nigeria’s Digital Bank of the Year in 2024,2023, 2022 and 2021 and MSME Bank of the Year 2022, 2023 and 2024 in Business Day’s Banks and Other Financial Institutions (BAFI) Awards.
Business
Access Bank Wins Best Digital, Best Website at 2024 Digital Jurist Awards
Access Bank Wins Best Digital, Best Website at 2024 Digital Jurist Awards
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Bank PLC has been named the 2024 Best Digital Award Winner in the Commercial Banks Category at the Digital Jurist Awards, organized by Phillips Consulting (pcl.).
L-R: Adebowale Shonekan, Head, Network Communications (Group & Subsidiaries), Access Bank Plc; Chukwudi Amadi, Team Lead, Digital Communications, Access Holdings Plc; Ezinne Nwene, Team Member, Digital Communications, Access Holdings Plc, receiving the Best Digital Commercial Bank award from Abbas Babagana, Chief Technical Officer, Federal Ministry of Communications & Digital Economy at the Digital Jurist Awards held in Lagos… recently.
In addition to this top honour, the Bank also secured the Best Website Award, achieving an impressive score of 201 points for its engaging and user-friendly digital experience. Access Bank’s cumulative score of 380 points reflects its excellence across digital touchpoints, including its website, web portal, mobile app, and social media.Commenting on the recognition, Amaechi Okobi, Chief Communications Officer of Access Holdings PLC, said, “We are honoured to receive the Best Digital and Best Website Awards at this year’s Digital Jurist Awards.
At Access, our focus on digital innovation is driven by our commitment to deliver seamless, secure, and customer-centric solutions across all touchpoints.
This recognition validates our ongoing efforts to enhance our digital platforms, making financial services more accessible and efficient for our customers.
We thank Phillips Consulting for recognising our efforts and will continue to raise the bar in digital excellence.”Phillips Consulting has long served as a development partner to Nigerian financial institutions and other organisations with an online presence.
Leveraging its proprietary Digital Jurist platform, the firm has conducted assessments of digital touchpoints in various sectors, from financial services and insurance to telecommunications and government agencies, over the past 17 years.
Originally established as Web Jurist®, the platform was reimagined as Digital Jurist to assess new and diversified digital channels in the evolving digital economy. Digital Jurist’s evaluation framework examines a range of factors, including user experience, accessibility, performance, functionality, security, customer service, support, marketing, and content engagement across digital platforms.
These awards reinforce Access Bank’s leadership in digital banking, adding to recent accolades including 2024 Best Digital Bank and Best Mobile Banking App by World Finance, Best Mobile Banking App and Best Digital Bank by The Digital Banker Awards, and Best Digital Banking Initiative at the Global Retail Banking Innovation Awards 2024.
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