Business Briefings
NCC Launches Cybersecurity Framework to Protect Nigeria’s Telecom Sector
The Nigerian Communications Commission (NCC) has unveiled a comprehensive cybersecurity framework aimed at fortifying Nigeria’s telecommunications sector against escalating cyber threats.
This initiative seeks to establish a unified and resilient cybersecurity posture across the industry, enhancing the protection of telecom infrastructure and safeguarding consumer data and privacy. taluko.comtaluko.com+2dmarketforces.com+2thenationonlineng.net+2
Dr. Aminu Maida, the Executive Vice Chairman of the NCC, emphasized the sector’s exponential growth—from 2.5 million connected lines in 2001 to over 172 million active subscribers in 2025—as a critical driver of economic development and national transformation. However, this rapid expansion has also increased exposure to cyber threats such as malware, ransomware, and phishing attacks. en.wikipedia.org+4taluko.com+4thenationonlineng.net+4
The framework aims to align with national cybersecurity strategies and international best practices, building industry-wide expertise to anticipate, detect, respond to, and recover from cyber incidents. It will outline minimum cybersecurity expectations for all operators, offering clear guidance on incident reporting, risk management, information sharing, and collaboration between agencies. dmarketforces.com+1thenationonlineng.net+1
Stakeholder engagement is a cornerstone of this initiative. The NCC has invited active participation from network operators, internet service providers, data center operators, government agencies, academia, and technology providers to co-create a practical and effective framework. This collaborative approach ensures that the framework reflects the realities and innovations of those who build, operate, and rely on Nigeria’s telecommunication networks. dmarketforces.comthenationonlineng.net
The development of this cybersecurity framework is supported by the World Bank Group and underscores the NCC’s commitment to securing Nigeria’s digital infrastructure, fostering trust in digital services, and ensuring the resilience of the nation’s communications sector.
-
Nvidia Becomes World’s First $5 Trillion Company
US-based tech powerhouse Nvidia has officially become the world’s first company to hit a $5 trillion market capitalization, underscoring investor confidence in the long-term potential of artificial intelligence to drive global innovation and economic growth. On Wednesday, Nvidia’s shares surged by 4.91% to $210.90 at the opening of trading on Wall Street, lifting the chipmaker’s…
-
Berger Paints Nigeria Plc Announces ₦0.40 Dividend for Q3
Berger Paints Nigeria Plc has declared an interim dividend of ₦0.40 per 50 kobo ordinary share for the period ended 30 September 2025, subject to applicable withholding tax and shareholder approval. According to the company’s corporate action announcement, the dividend will be paid to shareholders whose names appear in the Register of Members at the…
-
Access Holdings Charts New Course in E-Banking Growth
Access Holdings Plc has emerged as the leading tier-1 bank in Nigeria’s electronic business segment, generating N101.65 billion in e-business income for the first half of 2025. Collectively, the five major tier-1 banks — Access Holdings, United Bank for Africa (UBA), Zenith Bank, GTCO, and FBN Holdings — earned N290.86 billion from digital transactions during…