NCC gets commendation for effective regulation - Daily Post Nigeria

NCC gets commendation for effective regulation

Bank; Mr. Yakubu Gontor, Director, Finance Services, Nigerian Communications Commission ; Hussain Abubakar, Relationship Officer, Jaiz Bank and Hauwa Inuwa, Gwarimpa Branch Manager, Jaiz Bank during the courtesy visit to the Commission in Abuja.

Speaking during the visit on Thursday , Hassan Usman, the Chief Executive Officer of the Bank, said while Nigeria has not reached the promised land of telecom regulation, the “NCC deserves commendation for its efforts in consistently ensuring regulatory efforts that have now made telecoms services more affordable to majority of Nigerians, a reality that can easily be benchmarked against what is happening in other countries.

Speaking about the bank’ operations, Usman said it remains the first Islamic commercial bank established by the Federal Government to operate on a non-interest business model, which makes it different from conventional banks that charge interest in every area of its transaction.

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