Economy TeleCom

Fintech player commends NCC at AfricaNXT 2023 Show

A Fintech player, Lai Labode, the CEO of CashToken Africa has commended the Nigerian Communications Commission (NCC) for its efficient regulatory process that has deepened Nigeria’s digital economy.

Labode, in a statement by NCC’s Director of Public Affairs, Reuben Muoka, gave the recommendation at the opening of the ‘AfricaNext show’ in Lagos, on Monday.

The Landmark Event Centre hosted the show in Lagos.

It attracted industry commendations ”for NCC’s efficient regulatory processes that have enhanced Nigeria realise her full digital economy”.

Labode said the Commission understands and supports the emergence of companies that have critical roles to play in actualising the dreams of the nation’s digital economy.

“This promises that Nigeria will make the desired impact in the future of its Information and Communication Technology (ICT) development.

he remarked that the commission’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 applications including that of CashToken.

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CashToken application, he said, had led to a major collaboration with Mobile Network Operators.

Other participants also spoke glowingly about the efficiency of NCC’s operations.

They further spoke about its attainment of excellence in regulatory oversight.

The oversight is 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.

It is nudging firms to reward customers with life-transforming rewards.

NCC is one of the sponsors and key agencies participating in the AfricaNXT event.

It will take to the stands on Thursday, Feb. 9, between 1.00 p.m. to 2.00 p.m. at the FutureNow Stage.

 

 

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