Business
FG Officially Hands Over 5G Spectrum Allocation to NCC
…As Minister, others applaud transparent auction of spectrum
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, who also wears the hat of the Chairman, National Frequency Management Council (NFMC), presented the official document on the 3.5GHz spectrum allocation to the Commission at a public event which took place at the Transcorp Hilton, Abuja on Thursday, February 17, 2022.
The 5G spectrum allocation document was received by the Chairman, NCC Board of Commissioners, Prof. Adeolu Akande, and the Commission’s Executive Vice Chairman/CEO, Prof. Umar Garba Danbatta, on behalf of the Commission.
Speaking at the event, which also witnessed the public presentation of the National Policy on 5G Networks, a document earlier launched by President Muhammadu Buhari on January 25, 2022, the Minister commended the NCC leadership for ‘a transparent, fair and credible 3.5GHz spectrum auction’ conducted on December 13, 2021.
Pantami stated that the NFMC, which he chairs, has the responsibility for managing the allocation of commercial and non-commercial spectrum resources in the country while the NCC is facilitating the deployment of spectrum in the country.
Pantami also stated that the 5G network, when deployed, will bring a lot of benefits and opportunities that will engender accelerated growth and smart living in the country.
He asserted that the technology will bring substantial network improvements, including higher connection speed, mobility and capacity, as well as low-latency capabilities.
Earlier in his remarks, Akande appreciated the Minister for his efforts in ensuring that every clog that could hinder successful deployment of 5G services are addressed, thus paving the way for mutual understanding and trust among all stakeholders to ensure that the derivable benefits of the new technology are harnessed timely for the nation’s socio-economic development.
He said the effective implementation of the National Policy on 5G, which the Commission is driving, will help in the actualization of the national targets in the Nigerian National Broadband Plan (NNBP) 2020-2025, the National Digital Economy Policy and Strategy 2020-2030, as well as other sectoral policies designed to enhance Nigeria’s digital culture.
The EVC of NCC, Danbatta, while expressing appreciation to the Minister and all stakeholders for the role played in the emerging 5G network policy implementation initiatives, said the collective efforts of the private sector and government support will make deployment of 5G network transform every aspect of the nation’s economy. He was optimistic that the expected transformation will be greater than what the nation witnessed with the 1G, 2G, 3G and 4G.
Recalling the diligence that attended the implementation of 5G policy by the NCC since the process started in 2019, Danbatta said Nigeria had taken proactive and meticulous steps to be among the leading players in the global digital economy.
“We have been meticulous all the way in our 5G deployment journey, from trial across selected states in the country, to review and stakeholder engagement, to approval by the Federal Executive Council (FEC), to the 3.5GHz spectrum auction, and up to the official launch of the national policy on 5G network by the President.
Meanwhile, eminent stakeholders and dignitaries at the event, have commended Danbatta for ensuring sterling record of transparency and accountability in the sale of the 3.5GHz Spectrum Band allocated for deployment of 5G network in Nigeria.
The stakeholders include the Permanent Secretary, Federal Ministry of Communications and Digital economy, Mr. Bitrus Nabasu; the former Executive Secretary of the Commonwealth Telecommunication Organisation
(CTO), Mr. Shola Taylor; Director General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi; Managing Director of Galaxy Backbone Plc, Prof. Muhammed Abubakar; and the Director General of National Identity Management Commission, Dr. Aliyu Aziz, among others.
Earlier in a presentation on the Benefits of 5G, Engr Shola Taylor, a former Secretary of the Commonwealth Telecommunications Organisation, declared that 5G will have far-reaching transformational impact on major sectors of the Nigerian economy, which will bring about rapid social-economic development 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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