Telecom
Cybersecurity: NCC Inaugurates Incident Response Facility
The Nigerian Communications Commission (NCC) has inaugurated an incidence response facility aimed at addressing incidences of cybercrimes, protecting telecoms infrastructure and encouraging increased participation in nation’s digital economy.
The NCC Center for Computer Security Incident Response is the Commission’s industry-specific intervention, whose objectives are aligned to the National Cybersecurity Policy and Strategy (NCPS) published by the Office of the National Security Adviser (ONSA). The NCPS requires each sector to establish a computer incident response team provides requisite services to the stakeholders and players within each sector.
The overall mandate of the NCC-CSIRT is to ensure continuous improvement of processes and communication frameworks to guarantee secure and collaborative exchange of timely information while responding to cyber threats within the sector.
Speaking during the commissioning of the project in Abuja at the weekend, the Prof. Isa Ali Ibrahim Pantami, minister of Communications and Digital Economy, described the Center as a strategic step in boosting cybersecurity in Nigeria and commended the Board of NCC and Danbatta-led Management of the Commission for ensuring successful implementation of the project.
Pantami noted that the commissioning of the Facility marks an important milestone in the telecommunications industry in Nigeria, and described it as a significant measure in the support of national efforts at protecting the information and communication technology infrastructure in the country.
“The creation of the Center is in line with the provisions of the National Cybersecurity Policy and Strategy (NCPS) document published by the Office of the National Security Adviser (ONSA), which was recently updated and launched by President Muhammadu Buhari in February 2021. In keeping with the principles enshrined in the policy, each sector is expected to establish a sectoral Computer Incident Response Team (CSIRT) that provides requisite services to the constituents within that sector,” the Minister said.
In his address at the event, the Prof. Umar Danbatta, executive vice chairman of NCC, stated that, considering the increasing growth in Internet usage, especially as a consequence of the outbreak of the pandemic, the Commission observed a rise in cyber incidents and criminal activities.
“Thus, the Commission recognises that with the borderless nature and pervasiveness of these incidences, relentless and concerted attention is required to protect Internet users as well as the Critical National Information Infrastructure and ensure they are resilient”, Danbatta said.
The EVC emphasised that the NCC-CSIRT has been structured to operate within the framework of the NCPS and the National Digital Economy Policy and Strategy (NDEPS) to assist the Nigerian communications sector with the management and coordination of cyber security incidents and threats. He noted that the CSIRT is established as a proactive step towards building trust, and safety needed for growing the digital economy.
“The CSIRT’s services will commence with four main thrusts, namely: monitoring, incident management, communication, and alert and warning. The devices for handling these four areas will be scaled up and expanded as the Centre’s operations grow in order to enhance the digital economy and ensure it yields great dividends to the Nigerian citizens,” Danbatta said.
Danbatta explained that the key mandates of the CSIRT, which will be achieved through collaborative effort with relevant stakeholders, organisations and agencies, include assisting the sector in the defence and response to major cyber threats and attacks targeted at the members within the sector, providing information, technical as well as policy advisories to the constituency to strengthen the defensive and response capabilities to cyber threats. The Centre is also to liaise with other sectoral CSIRTs as well as local and international security frameworks to protect the communications sector and the general wellbeing of the Nigerian people.
Other mandates of the NCC-CSIRT, highlighted by Danbatta, are to provide guidance and direction for the constituents in dealing with issues relating to the security of critical infrastructure in their possession; and to periodically assess, review and collate the threat landscape, risks, and opportunities affecting the communications sector and provide advice to relevant stakeholders.
Meanwhile, the National Security Adviser (NSA), Major General Babagana Monguno (Retd), who was represented at the event by Brigadier General, Samad Akesode, has also acknowledged the establishment of NCC CSIRT as a clear demonstration of the Commission’s resolve to join hands with the Federal Government in mitigating any risk that will emanate as the country embraces advanced technology to facilitate digital transformation in the country.
According to Monguno, by establishing the CSIRT, the NCC has taken a step that could only be described as impeccable and timely, and in conformity with the highest standards and international best practise which aligns with the requirement of the Cybercrimes (Prohibition, Prevention etc) Act, 2015.”
Leadership of the National Assembly, including the Chairman, Senate Committee on Communications, Senator Oluremi Tinubu and the Chairman, Committee on Telecommunications in the House of Representatives, Akeem Adeyemi also profoundly applauded the Danbatta-led NCC for taking a leading position for sectoral implementation of the NCPS and improving security of cyber space for all.
Others, who delivered goodwill messages, commended the Commission, and spoke about the significance of the CSIRT project to national economy and national security, include the Permanent Secretary, Federal Minustry of Communications and Digital Economy, Mr. Bitrus Nabasu as well as other heads of agencies in the Ministry.
Telecom
MTN Nigeria to Issue N50Bn Commercial Paper
MTN Nigeria has proposed issuing up to N50bn series 11 and 12 commercial paper notes to raise funding for its operations, according to the company’s notice to the Nigerian Exchange Limited.
The notes issuance is under the company’s N250bn commercial paper issuance programme.
According to the statement signed by Uto Ukpanah, company secretary, the issuance is part of the company’s strategy to diversify its financing options with the funds being deployed towards short-term working capital requirements.
MTN Nigeria recently completed its series 10 commercial paper issuance under its upsized N250b commercial paper issuance programme.
Ukpanah, the telecom giant it sought to raise N72.1bn and the offer recorded 149 per cent subscription with N72.1bn issued.
The 266-day commercial paper was issued on 29 November 2023 at a yield of 16 per cent.
The CP issuance aligns with MTN Nigeria’s strategy of continuing to diversify its funding sources and reduce its average cost of debt. The proceeds will be applied to short-term working capital requirements.
Karl Toriola, chief executive officer, MTN Nigeria, said, “We are pleased with the support received from the investor community, having recorded a 149 per cent subscription from a broad range of investors. This reflects NTN Nigeria’s robust financial capacity, brand strength, and market leadership amidst the upward pressure on interest rates”
Stanbic IBTC Capital Limited played the role of Arranger and Dealer with ARM Securities Limited. Chapel Hill Denham Advisory Limited, Coronations Marchant Bank Limited, FCMB Capital Markets Limited, Quantum Zenith Capital &Investments Limited, Rand Marchant Bank Limited, and Vetiva Capital Management Limited played the role of Joint Dealers on the transaction.
Telecom
MTN Nigeria Receives Award for Contributions to Media Development
MTN Nigeria has received a “Media Capacity Development Support Award” for its immense contributions towards the growth and development of media practitioners across Nigeria.
The award was presented by the Media Career Development Network, at its inaugural conference held at the University of Lagos on October 31, 2024.
Held at the Biodun Shobanjo Auditorium Centre for Excellence, the Media Career Development Conference saw the coming together of seasoned media practitioners who shared insights on opportunities for growth and career advancement in the ever-evolving digital landscape.
Executive Director of the Media Career Development Network, Lekan Otufodunrin noted that the conference aligns with the organization’s commitment to promoting media excellence and advancing the careers of media professionals in Nigeria.
Speaking on the award, Chief Corporate Services & Sustainability Officer, MTN Nigeria, Tobe Okigbo appreciated the Media Career Development Network for the initiative, while also affirming MTN’s commitment to supporting the media.
“On behalf of MTN, I’d like to extend gratitude to the network for the recognition.
“At MTN, we believe in investing in institutions that bring value to the society and this includes the media.
“Journalists and other media professionals play a crucial role in telling authentic stories and shaping the image of our nation globally.
“So we’re committed to helping them gain the requisite skills and exposure needed to thrive in their profession”, he stated.
MTN Nigeria has consistently shown dedication to training world-class media professionals in Nigeria, particularly through its Media Innovation Programme (MIP).
Since 2022, the ICT firm has partnered with Pan-Atlantic University to enable media practitioners across various platforms gain insight into the rapidly evolving media environment.
Convener and Executive Director of the Media Career Development Network, Lekan Otufodunrin acknowledged the impact of the telecommunications giant’s efforts in upskilling Nigerian media professionals.
“The 6-month Media Innovation Programme created by MTN in partnership with Pan-Atlantic University has afforded media practitioners in-depth training on the media space and even the opportunity to gain more insights in South Africa.
“We hope that MTN Nigeria will continue to champion this programme for the development of professionals”, he said.
The Media Capacity Development Support Award joins a long list of awards MTN Nigeria has received for its contributions towards institutions beyond the telecommunications sector and the general society.
Telecom
MobileCoreX Taps Wireless Technology Labs in Multi-Million Dollar Deal to Build New Mobile Core Network across Nigeria
Wireless Technology Labs (WTL) today announced that it has been chosen by MobileCoreX Ltd (MCX), Nigeria’s premier Mobile Virtual Network Enabler (MVNE), to spearhead the development of the country’s first mobile virtual network in a landmark deal valued at millions of US dollars over the next three years.
This initiative aims to enhance mobile connectivity for Nigeria’s 220+ million residents, addressing the current challenges of low broadband penetration and poor quality of service.
Nigeria’s telecom sector is predominantly dominated by four major operators—MTN, Airtel, Globacom, and 9Mobile – with only 29% of Nigerian’s 220+m population regularly accessing the mobile internet, (GSMA figures) due to poor coverage and a variety of other issues.
In Q2 of 2023, the Nigerian Communications Commission (NCC) adopted a new strategy to boost coverage and adoption, it issued 43 Mobile Virtual Network Operator (MVNO) licenses to amplify service coverage, particularly in unserved and underserved regions.
Amongst the licensee’s was MCX which obtained a tier 4 MVNE license aimed at constructing new mobile network infrastructure to provide capacity for emerging MVNOs as a platform as a service.
“Coverage, poor quality of service, costs and inflexible value propositions in Nigeria have persisted for too long.
“We are committed to leveraging innovative technology to create more competitive networks that reduce costs for consumers and provides value propositions that suite that needs,” stated Mr. Habib Ahmed, CEO of MCX.
He emphasized WTL’s pivotal role in delivering the carrier-grade core systems required for a comprehensive suite of mobile services, encompassing voice, data, and value-added features to meet the diverse needs of MVNO clients.
WTL, headquartered in Belgium, with over 20 years of experience, has been active in Nigeria and across Africa, working with operators of all sizes to rollout both urban and rural networks, work which has garnered it widespread recognition and industry awards.
The company has already partnered with two of the 43 new MVNOs licensed by the NCC, showcasing its commitment to enhancing telecom infrastructure in the region.
Mr. Satya Mekala, CEO of WTL “This partnership is about empowering a new entrant to make significant impact in the telecom market.
“We are committed to supporting MCX in its journey from a newcomer to a major player in the industry.
“Our advanced Core systems will ensure that MCX can offer reliable, scalable, and innovative mobile services from day one”.
As the telecom industry in Nigeria undergoes transformative changes, this collaboration signals a promising future for mobile connectivity and digital adoption in the country.
WTL will be showcasing its capabilities at upcoming events including MVNO Nation 2024 in Valencia, 6-8 November and The Africa Tech Festival in Cape Town, 12-14 November, further reinforcing its commitment to driving digital adoption across the continent and the globe.
To learn more about how WTL can help with the rollout of MVNO/E urban and rural networks in Africa, please email [email protected]
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