Business
‘Telemarketers Risk Prosecution Over Illegal Use Of Subscribers’ Numbers’
The Nigerian Communications Commission has said it will prosecute telemarketers who illegally access the telephone numbers of telecom subscribers for commercial activities and gains.
It stated that the claim that the telemarketers obtained telecom consumers’ phone numbers from the commission was false. The NCC disclosed this in a public notice titled, ‘Unauthorised use of telecom subscribers’ phone numbers and other personal information by telemarketers,’ and signed by the Executive Vice Chairman, NCC, Prof. Umar Danbatta.
The commission explained that it fully abided by the principles and rules guiding the protection of privacy for consumers of telecommunications services, and no service provider or telemarketer was authorised to invade, harvest, or use subscriber data in any form or guise without the express approval of the consumer, except otherwise provided by law.
It said, “The protection of the data of telecom subscribers by the Commission is guaranteed in Section 35 (1) of the Consumer Code of Practice Regulations, 2007; Section 9 (1) of the Nigerian Communications (Registration of Communications Subscribers) Regulations,2022; and Section 4.2 (a) & (b) of the NCC’s Internet Code of Practice.
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“Therefore, any telemarketer involved in harvesting telecom subscribers’ phone numbers and other personal details through dishonest means and using such for commercial purposes without regulatory approval is hereby strongly warned to desist from his illegal act, as anyone found guilty shall be arrested and prosecuted in keeping with the law.”
The NCC advised telecom consumers to activate the Do-Not-Disturb short code introduced by it to manage their subscription to Value Added Services with the option to stop unsolicited text messages and other telemarketing offers.
It added, “This can be done by sending STOP to 2442 Short Code for FULL DND. Telecom consumers, who observe such illegal activities by telemarketers, are also encouraged to report such cases to the commission by calling the NCC Toll-Free Number 622 for necessary enforcement actions.”
Business
Naira Records Massive Appreciation Against US Dollar Into Christmas Holidays
The Naira gained massively against the United States dollar in the last three days at the official foreign exchange as trading ended for the Christmas holidays.
Central Bank of Nigeria data showed that the Naira strengthened further on Wednesday to N1,443.37 per dollar, up from N1,449.99 on Tuesday.
This means that since Monday this week, the Naira has recorded a significant N13.18 gain against the dollar, according to the apex bank data.
READ ALSO:Naira Records Depreciation Against US Dollar Across Official, Black Markets
Similarly, at the black market, the Naira traded on Wednesday at N1,490 per dollar, an appreciation from the N1,500 exchanged on Monday but the same rate as on Tuesday.
The uptrend comes amid the rise in the country’s external reserves to $45.24 as of December 23rd, 2025.
DAILY POST reports that the Naira gained against the dollar at the official market on Monday and Tuesday.
Business
Report Any MRS Filling Stations Selling Fuel Above N739 Per Liter — Dangote Refinery To Nigerians
Dangote Refinery has urged Nigerians to report any MRS filling station outlets nationwide selling fuel above the N739 per liter announced price.
The company disclosed this in a statement on Sunday.
The refinery insisted that its petrol being at retail outlets remain N739 per liter while the gantry price is N699.
It further called on other filling station owners to patronize its refined petroleum products at the N699 rate.
“We also call on other petrol station operators to patronize our products so that the benefits of this price reduction can be passed on to Nigerians across all outlets, ensuring broad-based relief and a more stable downstream market.”
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Recall that Aliko Dangote, the president of Dangote Refinery, had pegged the retail price of his petrol at a maximum of N740.
DAILY POST reports that MRS filling and other filling stations had reduced fuel prices to between N739 and N912 per liter in Abuja.
However, reports emerged that some MRS filling stations were selling above the N739 per liter announced price benchmark.
Business
Naira Records Significant Appreciation Against US Dollar
The Naira recorded significant appreciation against the United States dollar on Monday at the official foreign exchange market to begin the week ahead of Yuletide on a good note.
The Central Bank of Nigeria’s data showed that the Naira strengthened to N1,456.56 per dollar on Monday, up from N1,464.49 traded on Friday last week, 19th December 2025.
This means that the Naira gained N7.93 against the dollar when compared with the N1,464.49 was exchanged as of Friday, December 19, 2025. DAILY POST reports that Monday’s gain at the official FX market is the first since December 15th.
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Meanwhile, at the black market, the Naira remained stable at N1500 per dollar on Monday, according to multiple Bureau De Change operators in Wuse Zone 4, Abuja.
The development comes as the country’s external reserves stood at $44.66 billion as of last week Friday.
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