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Why banks are yet to attained PCI DSS compliance, by Microsoft

The software giant, Microsoft has said that part of the reason many financial institutions in the country have not yet attained PCI DSS compliance is because of challenges inherent in it which it said can significantly affect the organization’s business processes, service architecture, and technology solutions.

Innovation prize for Africa announces 2013 finalists

No fewer than ten African innovators, including a Nigerian have developed practical solutions to some of the continent’s most intractable problems.
Chosen from more than 900 applications from 45 countries, the finalists for the Innovation Prize for Africa (IPA) 2013 provided practical examples of Africa’s investment potential.

NCC bids to regulate management of telcos

FROM today, the Nigerian Communications Commission decidedly is moving into management regulation of telcos operating in the country, following its resolution to “immediately enforce and implement Accounting Separation on the dominant operator.”

MTN leads other S-African firms in FDI into Nigeria

WHEN last week telecoms giant, MTN Nigeria, signed a $3 billion (about N470 billion) syndicated loan deal involving 17 Nigerian and seven foreign banks, watchers of the ICT sector were delighted at the growing importance of the sector in terms of foreign direct investment.

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