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Banks engaged 41 illegal providers for their Internet needs, NCC report says

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Banks engaged 41 illegal providers for their Internet needs, NCC report says

The Nigerian Communications Commission, NCC, has said it has discovered 41 companies providing internet/data services in the country without authorisation.

The NCC stated this in its 2016 Q1 Compliance Monitoring and Enforcement Report, adding that the compliance report was in regards to the engagement of unlicensed service providers who are providing internet/data access in Nigeria.

According to the report, the commission discovered that  due to its surveillance activities, it discovered that some financial institutions engaged the illegal providers for their internet and data services, which led it to request the banks to provide the names and details of their service providers in this regard.

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“Arising from this compliance check, the Commission has discovered that 41 companies engaged were operating without the requisite authorisation.

“To this end, the Commission has commenced the necessary enforcement process, in line with the provisions of the Nigerian Communications Act 2003,” it said.

The report also further stated that the NCC had developed Compliance Monitoring and Enforcement strategies to ensure fair competition, ethical market conduct and optimal quality service in the telecommunications industry.

By Timothy Enietan-Matthews …

 

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