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Telecom

NITDA Opens Startups Sponsorhip Application for GITEX 2020

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The National Information Technology Development Agency (NITDA) has opened its application for sponsorship of Nigerian startups to the upcoming 40th edition of the Gulf Information Technology Exhibition (GITEX) taking place at the Dubai World Trade Centre (DWTC), United Arab Emirates.

NITDA Opens Startups Sponsorhip Application for GITEX 2020

This year’s event has been themed Synergising the Mind and Technology Economy and will take place from December 6–10, 2020.

In a press release, the agency noted that the application was open to innovative technology-driven startups with solutions addressing any of these problems’ areas: fifth-generation wireless technology (5G); Artificial Intelligence (AI) & Augmented Analytics; Transportation; Digital Economies; Cyber Security and Resilience; Cloud and Edge computing, and Blockchain technology.

Companies eligible can apply and if selected, will get a full sponsorship to represent Nigeria at GITEX, the biggest tech event in Asia, Middle East and Africa which will attract over 150,000 trade visitors from over 140 countries at the 5-day global tech expo and conferences which coincides with Technology Week 2020.

Technology Week 2020 is a major meeting point for technology industry professionals; governments, innovators, futurists and corporate buyers. GITEX has now become a major thrust for the Global Startup Movement attracting some of the world’s biggest technology mentors, angel investors, and venture capitalists.

At GITEX, Nigeria has featured an increasingly strong delegation and country pavilion presence through NITDA since 2013 to explore cross-nations deals and collaborations.

In the last five years also, NITDA has provided strong support for Nigerian startups by featuring over 40 startups at GITEX Future Stars Pavilion through its subsidiary, the Office for ICT Innovation and Entrepreneurship (OIIE).

The exhibition offers attendees and startups an opportunity to explore and gain new perspectives; explore innovative ideas; expand their networking opportunities through facilitated business meetings, blockbuster showcases and enlightening briefings.

NITDA noted that applications will be considered and scored by a panel of judges from within the Nigerian technology startup ecosystem based on set eligibility criteria to identify solutions addressing any of the problems listed above that can compete globally.

How to Apply

Interested applicants are invited to visit: http://bit.ly/NITDA-GITEX2020 to apply. The application process closes by midnight of November 16, 2020, after which all entries will be evaluated and successful startups will be selected and contacted.

NITDA is a Federal Government Agency established to develop and regulate Information Technology (IT) in Nigeria.


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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.

Telecom

 Telecoms Services Resume in Kogi State as Telcos, Govt Resolve Dispute

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 Gbenga Adebayo, chairman of ALTON,
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Telecommunications services disrupted in Kogi State have resumed following a resolution of the dispute between MTN Nigeria and the state government, the Association of Licensed Telecoms Operators of Nigeria (ALTON) has said.

 Telecoms Services Resume in Kogi State as Telcos, Govt Resolve Dispute

Gbenga Adebayo, chairman of ALTON, told TVC News that the issues that led to the shutdown of telecom masts in the state, primarily affecting MTN, had been addressed, paving the way for service restoration.

TVC News earlier reported that businessmen and women were counting their losses as they suffered the impact of a shut down of telecommunication service in Kogi State

Over the past two weeks, telecoms connectivity had been erratic, with competing brands experiencing glitches, particularly in the Lokoja metropolis.

The State government suspended the operations of some telecom services citing unpaid taxes and fibre-related dues.

The shutdown stemmed from a compliance dispute between MTN and the Kogi State Utility Infrastructure Management and Compliance Agency, which accused the telecom giant of violating operational rules and under-declaring the extent of its optic fibre network coverage in the state.

 


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Banks Settle ₦160Bn USSD Debt to Telcos, Ending Five-Year Dispute

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The protracted Unstructured Supplementary Service Data (USSD) debt misunderstanding between the Deposit Money Banks (DMBs) and telecommunications operators appears to have been resolved.

This was confirmed by the Chief Executive Officer of MTN Nigeria, Karl Toriola, Thursday, March 1, when he appeared on Arise TV to speak on the firm’s first-quarter 2025 result, where the telecommunications company reported over N1 trillion in revenue earnings.

Recall that the USSD debt had been a major issue between the DMBs and telcos and had lasted for about five years.

In the third quarter of 2024, the telcos had threatened to withdraw their service over the lingering debt, which was around N200 billion at the time. This led to the swift intervention of the Central Bank of Nigeria and the Nigerian Communications Commission (NCC), and an agreement was reached on payment.

As of November 2024, the NCC put the debt at N160 billion. However, earlier this year, when it appeared the banks were not forthcoming with payments, the NCC directed the telcos to withdraw the USSD services from debt-owning DMBs, where about 18 banks were listed.

This directive prompted the banks to look inward and start to comply with an earlier circular signed by the CBN and NCC, which articulated the payment patterns for the debt.

Speaking, on Arise TV this morning, May 1, Toriola confirmed that the matter has been fully resolved and that banks have made payments.

“I can confirm that the matter has been fully resolved. We have received payments in full. Special thanks to the CBN, NCC, the banks, and other stakeholders that intervened in the matter,” the MTN CEO stated.


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Sterling Bank Introduces AlwaysOn, Offering Nigerians Up to ₦1 Million Monthly

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Sterling Bank, Leading commercial bank and Africa’s most agile company has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low.

Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to remove structural barriers to financial freedom and empower everyday Nigerians to move boldly, even in uncertain times.

AlwaysOn is a specialised, invitation-only feature for customers who maintain an active OneBank account for a while. It provides an advance to settle bills or make payments without delays, or any of the friction associated with traditional credit systems.

“This is not just about funds,” said Abubakar Suleiman, Chief Executive Officer of Sterling Bank. “It’s about freedom and dignity. It’s about backing our customers with the trust and tools to act boldly when life demands it.”

Suleiman emphasised that the new feature is not a product, it’s a logical shift in how the bank supports its customers.

“We’re building a financial ecosystem designed for momentum -for people with grit, urgency, and dreams too big to wait. If you’ve banked with us, you’ve earned our confidence. Now you’ll have our backing to match,” added Suleiman.

The introduction of AlwaysOn marks the next chapter in Sterling’s growing movement to create a fairer and more responsive financial system. It follows the Zero Transfer Fees initiative in April, which returned an estimated ₦13 billion to Nigerians by eliminating transfer charges across the OneBank platform. It also builds on Sterling’s Free Bus Ride initiative, which helped commuters get home from work for free during a time of intense economic pressure.

Together, these efforts reflect the bank’s bold, people-first approach to customer impact, now made possible by its adoption of SeaBaas, Nigeria’s first indigenous core banking platform.

“We’re not the kind of bank that stands on the sidelines while Nigerians hustle,” said Obinna Ukachukwu, Growth Executive for Retail and Consumer Banking. “We removed the fees that slowed them down. Now we’re giving Nigerians the financial freedom to seize opportunity when it shows up. We’re on the pitch with them.”

Sterling’s actions have sparked widespread public support and national recognition as they have continued to push the boundaries of what corporate citizenship can mean to everyday Nigerians.

Notable icons from various fields have canvassed their support and praised the bank’s stance in redefining financial services, inspiring other institutions to follow suit.

Nigerians are encouraged to apply to join the waitlist for the scheme when it goes live in later this month and ultimately, eligibility for up to N1M extra in relief advances.


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