Monday, March 20, 2023

NCC Commended As AfricaNXT 2023 Begins

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The Nigerian Communications Commission (NCC) has been commended by industry players for its efficient regulatory processes that have given verve to the realisation of the full digital economy in the country.

The commendation came from the CEO, CashToken Africa, Mr. Lai Labode, during the opening ceremony of the AfricaNext show at the Landmark Event Centre in Lagos yesterday (February 6, 2023).

Labode hailed how the commission understands and supports the emergence of companies that are critical to actualising the dreams of the digital economy and promised that Nigeria will make the desired impact in the future of the country’s information and communication technology (ICT) development.

Labode said NCC’s approach to transform the telecom industry and contribute to the Federal Government’s digital economy agenda was reflected in the diligence, speed and smartness in processing recent applications – including that of CashToken – which, he said, led to a major collaboration with mobile network operators (MNOs).  

Other participants also spoke about the demonstration of commitment to efficiency in NCC’s operations and attainment of excellence in regulatory oversight, a key item in the commission’s extant five-point agenda for transforming the telecom sector.  

CashToken Africa, operated by CeLD, is a Nigerian company advocating performance-based customer rewards and nudging firms to reward their customers in life-transforming ways.

He spoke at CashToken Africa’s forum at the 2023 AfricaNXT conference focused on “Socially Smart Business Models: Universal Cash Reward, Direct Sales Gamification and Wealth Redistribution”.  

A statement by NCC’s director of public affairs, Reuben Muoka said the commission is one of the sponsors and key agencies participating at the AfricaNXT event and will take to the stands on Thursday, February 9, 2023, from 1 pm to 2 pm, at the FutureNow stage, with a theme focused on its mandates and efforts towards the realisation of the digital economic agenda of the Federal Government.

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