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NCC Collaborates With CBN To Checkmate Mobile Banking Fraud

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NCC Collaborates With CBN To Checkmate Mobile Banking Fraud

The Nigerian Communications Commission, (NCC) on Thursday said it was partnering with the Central Bank of Nigeria (CBN) to sensitise customers on mobile money banking fraudsters.

Prof. Umar Danbatta, the Executive Vice Chairman of NCC made this known at the Consumer Conversation Forum held in Minna.

The forum was the fifth Consumer Conversation Forum organised by the commission within the North Central geopolitical zone.

Danbatta, who was represented by the Zonal Operations of NCC, Ms Helen Obi said it was important for the bank to talk to other banks to sensitise their customers on the issue.

According to the NCC boss, the sensitization is not to allow customers fall prey to fraudulent banking activities, especially as it regards to the disclosure of their Bank Verification Number (BVN).

“We entered a Memorandum of Understanding with the CBN to try and sort out the challenge customers are having with mobile money banking, especially with BVN.

“The reason for the MOU is to enlighten them to ignore deceitful or fraudulent message if sent to their mobile phones,’’ he said.

Danbatta said that the Consumer Conversation Forum was aimed at protecting, educating and empowering telecom consumers to know their rights as they played a strategic role in ensuring sustainable growth and development in the telecom sector.

He said that the commission was not leaving any stone unturned in ensuring that consumers got satisfaction from the services rendered by their telecom operators.

He debunked insinuations that the telecom masts transmit hazardous radiation as widely believed, saying `it is wrong’’.

“The antenna is positioned far away from human reach, therefore doesn’t pose any risk to human life.

“The commission has put in place guidelines that regulate the installation of telecom masts as well as consideration of environmental factors.

“Empowering the consumer is one of the commission’s driving forces for the year having declared it as the Year of the Telecom Consumer,” he said

He urged consumers to take advantage of sending “STOP” to the 2442 code to stop all unsolicited text messages, or “HELP” to the same code to be availed with options of interest.

He called on consumers to make their complaints to the commission via its toll-free line -622 if they were not satisfied with services from their telecom operators.

One of the participants, Mr Abdulahi Musa, the Desk Officer, Abdulsalami Youth Centre, Minna said that the forum was an opportunity for consumers to discuss the problems they encountered in their networks.

Musa said that the forum was a welcome development, adding that NCC should ensure that it was taken to every zone in the country.

Another participant, Mr Ahmed Bello said that NCC should ensure that all problems discussed in the forum were given adequate attention.

MOVIES

Netflix Struggles In Nigeria With Only About 300k Subscribers – Comedian AY

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AY says Netflix struggles in Nigeria with 300k subscribers | fab.ng

Comedian and filmmaker AY Makun has weighed in on the controversy surrounding the alleged decision by Netflix to pause funding for Nigerian original films.

The debate began when filmmaker Kunle Afolayan revealed that Netflix had stopped commissioning Nigerian content. This sparked concerns about the platform’s commitment to the Nigerian market.

During a recent interview with Nollywood on Radio, Makun addressed the issue. He clarified that Netflix is not pulling out of Nigeria.

Instead, he explained that the platform is likely reassessing its approach due to ongoing financial challenges. He emphasised that this does not signal a loss of interest in Nigerian content.

“I recently had a meeting with Netflix, and at no point did they say they were leaving this region,” Makun explained. “During that meeting, we discussed my next project and how they could be involved. I don’t believe they’re leaving Nigeria.”

Makun highlighted that Netflix’s challenges in Nigeria are mainly rooted in financial constraints.

“If you’re running a business in a region and you’re spending much more than you’re earning, you’d need to reconsider your approach. That’s what they’re doing,” he stated.

The comedian explained that Netflix has invested heavily in Nigeria, far surpassing the revenue it has generated in the region.

He emphasised that the platform’s struggles stem largely from the low number of subscriptions and the widespread habit of account sharing, forcing Netflix to reconsider its business model.

“For instance, despite Nigeria’s population of over 200 million people, Netflix has only around 300,000 subscriptions, which indicates a problem that needs fixing,” Makun observed.

Furthermore, he elaborated that a significant number of Nigerians access Netflix by using shared accounts instead of purchasing individual subscriptions. This contributes to the platform’s revenue challenges.

“People often share one subscription with several others, and that’s part of the issue. It’s not just about the filmmakers,” Makun concluded.

Check out more updates here.

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MUSIC

CKay Tops The List Of RIAA Best-Selling Nigerian Artists

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CKay tops the list of RIAA best-selling Nigerian artists | fab.ng

Nigerian pop music continues to make waves globally, particularly in the United States, where Afrobeats artists achieve groundbreaking commercial milestones.

At the forefront of this success is CKay, who leads as one of the best-selling Nigerian artists in the U.S. His viral hit, Love Nwantiti, has sold over 8 million units, earning its place as the most certified Nigerian song in the country.

The 2021 TikTok sensation is now on track to become the first diamond-certified Afrobeats record, solidifying its historic impact.

Following closely, Wizkid maintains a strong position as one of Nigeria’s most successful exports. His hit single, Essence, featuring Tems and Justin Bieber, has surpassed 4 million units in sales.

With eight RIAA certifications, Wizkid is the most certified Nigerian artist in the U.S. This feat highlights his consistent ability to captivate international audiences.

Meanwhile, Rema has secured third place with over 5 million units sold, driven by his global anthem Calm Down.

The record-breaking track, certified six times platinum by the RIAA, became the first African song to surpass 1 billion streams in the U.S.

It also achieved a peak position of No. 3 on the Billboard Hot 100, the highest for any Nigerian song, and spent an impressive 52 weeks on the chart.

Notably, Calm Down was the first African track to dominate Billboard’s radio chart.

Other Nigerian stars continue to shine as well. Tems became the first Nigerian artist to debut on the Billboard Hot 100, while Burna Boy holds the record for the most Billboard Hot 100 entries by a Nigerian act.

Similarly, Davido made history with Fall, the first Nigerian song to earn an RIAA Gold certification.

These remarkable achievements highlight the undeniable global influence of Afrobeats and showcase the extraordinary talent of Nigerian artists with CKay making waves as one of the best-selling Nigerian artists in the U.S.

Check out more music updates here.

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NEWS

UK Tightens Financial Requirements For 2025 Visa Applicants

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UK tightens financial requirements for 2025 visa applicants | fa.ng

The United Kingdom has introduced updated financial requirements for visa applicants in 2025, citing rising living costs and inflation as the primary reasons for the changes. These adjustments impact students, workers, tourists, and families planning to visit or reside in the UK.

For students, the financial thresholds for living expenses have been significantly raised. Those studying in London must now demonstrate a minimum of £1,400 per month for living costs, an increase from £1,334 in 2024.

Students outside London need to prove £1,100 per month, up from the previous £1,023. These amounts must cover a nine-month period, accompanied by proof of the first year’s course fees.

The UK Home Office has emphasized that applicants’ bank statements must show the required funds consistently over a 28-day period, with the records dated no more than 31 days before the application submission.

Visa fees have also risen across various categories. The standard student visa fee for applications made outside the UK has increased from £490 to £510. Visitors face higher costs as well, with six-month visas now priced at £120, up from £115.

Long-term visit visas have seen steeper hikes, such as the two-year visa fee rising from £400 to £420. Priority visa processing fees have jumped from £500 to £550.

Work visa requirements vary by category. Applicants for the Skilled Worker Visa must show proof of £1,270 unless their employer provides a certification of financial support.

Global Talent Visa applicants remain exempt from specific financial thresholds but must demonstrate they can afford their initial living costs.

Similarly, Health and Care Worker Visa applicants are exempt if their employer sponsors them.

Tourists are now required to provide evidence of sufficient funds to cover accommodation, transportation, and daily expenses during their stay. For longer visits, stricter financial scrutiny applies.

Family visa applicants must meet higher income thresholds in 2025, with partners or spouses required to prove a combined annual income of at least £29,000.

Additional costs include £3,800 for the first child and £2,400 for each subsequent child. Applicants can offset these requirements with savings, provided they submit valid documentation.

Certain exceptions apply, such as for individuals receiving disability or carer benefits and those with British or Irish children living in the UK. Human rights considerations may also influence application outcomes.

These revised guidelines reflect the UK government’s focus on ensuring that visa applicants can sustain themselves financially while living in the country.

Applicants should carefully review these updates and prepare accordingly.

Check out more news updates here.

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