The EVC said Fintech is revolutionizing Nigeria’s financial ecosystem as it represents a positive disruption to the conventional financial system Dr. Aminu Maida, Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC) has described the Financial Technology (Fintech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and unserved communities across the country. Maida made this known in his keynote address at the 2023 edition of the annual Nigeria Information Technology Reporters Association (NITRA) FinTech Forum which focused on, “Harnessing Nigeria’s Fintech Potential: Challenges and Opportunities” that took place in Lagos recently.…
Author: Our REPORTER
The Nigeria Data Protection Commission (NDPC) team, led by the National Commissioner/CEO, Dr Vincent Olatunji, conducted an advocacy visit to the Minister of Interior, Olubunmi Tunji-Ojo, at his office in Abuja on October 27, 2023, to raise awareness about Data Protection. At the visit, Dr. Olatunji emphasised the increasing digitisation of the world and its impact on various aspects of human life, particularly the sharing of personal data such as names, phone numbers, email addresses, NIN, and BVN; all of which are crucial in identifying individuals. He stated, “There are some personal data that are sensitive, which require additional safeguards,…
Access Bank, Nigeria’s top financial institution with a global presence is set to splash millions of Naira and mouth-watering freebies on its existing and new customers in an end-of-the-year campaign. Tagged “Xtrawins Transact and Win”, the campaign will run from October 1 to December 31, 2023, the bank said in a statement made available to Digital TimesNG. Njideka Esomeju, Group Head, Consumer Banking, Access Bank said during the launch of the campaign at the bank’s head office recently, that the campaign was aimed at appreciating customers for their patronage, and in line with the Bank’s reward campaign objectives. She explained…
Nigeria has been admitted as a member of the Global Privacy Assembly (GPA) in recognition of her landmark achievements in advancing data privacy and protection. Digital TimesNG understands that the Nigeria Data Protection Bill assented to by President Bola Ahmed Tinubu, was a major consideration in accrediting Nigeria as a member of the prestigious Assembly. Similarly, establishing the Nigeria Data Protection Commission under the Act as the independent data protection authority for Nigeria is a key index in assessing the adequacy of data protection in a country. The decision on Nigeria’s accreditation was announced during the 45th Global Privacy Assembly…
The Atorj Technology, Cisco-Comstor partnership aims to bring cutting-edge tech solutions to Small and Medium Businesses (SMBs) in Nigeria Atorj Technology Limited, a leading IT firm based in Ilupeju, Lagos, has partnered with global IT giants Cisco and a major Cisco distributor, Westcon Comstor to bring advanced tech solutions to Small and Medium Businesses (SMBs) in Nigeria. Digital TimesNG understands that the partnership aims to enhance productivity and scalability for SMBs by introducing the latest IT products and trends. In a recent event held at the Cisco Office in Victoria Island, Atorj Technology, Cisco and Comstor showcased a range of…
Polaris Bank donated school essentials to secondary schools in Lagos State through the partnership Polaris Bank, in partnership with Evolve Charity, a non-profit organisation, has presented educational materials to more than 400 students in the Ikeja and Surulere areas of Lagos State. This is another display of Polaris Bank’s commitment to supporting the ‘Girl-Child Education Project’, a critical pillar of its Corporate Social Responsibility (CSR) framework. The donated materials which include school uniforms, school bags, pens, sandals, and various books, were presented to the students of both Opebi Junior Secondary School, Opebi, Ikeja Lagos, on Wednesday, October 18, 2023, and…
10 Chinese firms also presented Letters of Intent to the Vice President, indicating strong interest in partnering with NASENI to invest in and develop various technology and industrial innovation projects, collectively valued at $4 billion The National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners signed three Memoranda of Understanding (MoU) for new projects valued at $2 billion. The MoU signing ceremony took place at an event attended by Vice President Kashim Shettima on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China. The three Chinese companies…
The introduction of Akiva is seen in some quarters as an exciting development in redefining how Nigerians combat insect bites. Konga Health, the pioneering digital healthcare distribution company in Nigeria, and LivFul, Inc. have joined forces in unveiling Akiva, a cutting-edge product that combats insect bites. This strategic partnership brings Akiva, a next-generation insect repellent, to the Nigerian market in what has been described in some quarters as an exciting development in redefining how Nigerians combat insect bites. Thanks to LivFul’s patented STAYTEC™ technology, Akiva is specifically designed to control evaporation and limit the absorption of the active repelling ingredients…
Leo Stan Ekeh, Africa’s leading digital entrepreneur and Chairman, Zinox Group, has once again urged young business owners and startups in Africa to demonstrate a high level of integrity and diligence when executing government contracts as the quality of their country defines their future. Ekeh made this call during a recent mentorship programme with a select group of African foreign-based postgraduate students in the latest edition of an annual lecture series aimed at grooming the next generation of certified entrepreneurs. Speaking during the virtual session, which was monitored online, Ekeh counselled the participants to shun the overwhelming temptation to treat…
Okoli emphasised that the target of the Anambra State Government is to transform the Solution Innovation District into the “Silicon Valley” of Southeastern Nigeria. Governor Chukwuma Soludo’s Special Adviser on Innovation and Business Incubation, Ms. Chinwe Okoli has expressed the commitment of the Governor’s administration to creators and innovators. This was the crux of Ms. Okoli’s keynote speech at the 5th International Conference and Exhibition for Science, Technology, Innovation, and Entrepreneurship (FAPSCON 2023). The conference chaired by the Commissioner for Industry, Anambra State, Mr. Christian Udechukwu was held at Chukwuemeka Odumegwu Ojukwu University (COUU), Igbariam Campus. Speaking on the topic “Breaking…