Access Bank, the flagship subsidiary of Access Holdings Plc, continues its African expansion by entering into a transaction with the Ugandan-based Finance Trust Bank (FTB) Limited and its shareholders for the acquisition of a majority equity stake in FTB. Access Bank Company Secretary, Sunday Ekwochi, in a statement filed with the Nigerian Exchange Limited on Wednesday, said the proposed acquisition is subject to regulatory approval. Access Holdings has in recent days, moved to expand its business segments with the acquisition of an insurance brokerage firm, Megatech Insurance Brokers Ltd and the floating of a consumer lending subsidiary, named Oxygen X…
Author: Our REPORTER
De Lorenzo SpA, a leading Italian company has made a substantial donation to the National Information Technology Development Agency (NITDA). De Lorenzo SpA specialises in the design, development and production of technical and vocational training didactic equipment in the fields of Artificial Intelligence, Robotics, Machine Automation, Process Control, and Factory Automation, In a formal attestation of the donation, Mr. Luciano Prosperi, President of De Lorenzo SpA, confirmed that the company will be contributing one thousand (1000) E-Learning Solutions, specifically designed by De Lorenzo, to NITDA. This significant donation aims to bolster the ongoing efforts of President Bola Ahmed Tinubu to enhance…
ThriveAgric, Nigeria’s leading agricultural technology company, has flagged off the ThriveAgric 2023/2024 dry season farming cycle with the distribution of agricultural input, targeting over 100,000 smallholder farmers in northern Nigeria to facilitate the production of over 300,000MT of grains. ThriveAgric would provide farmers with irrigation facilities, drought-resistant input, access to technology, storage, and premium markets to help optimise output in this farming cycle. The flag-off was announced at an event in Jigawa state, Nigeria. The event brought together various stakeholders including financial institutions, government officials, farmers, and representatives of the farming communities from Jigawa, Bauchi, and Kano. Conversations centred on…
United Bank for Africa (UBA) Plc has announced new offerings aimed towards deepening the face of digital banking in Nigeria as the bank celebrates the 6th year of operation of its flagship artificial intelligent Digital Assistant and Chatbot, Leo. Since its launch on January 11, 2018, UBA’s Leo has emerged not merely as a technological asset but as an innovative transformative assistant that has had a profound impact, on the Nigerian and African financial industry. Recall that UBA remains the first financial institution in Africa that introduced a digital solution to ease customer transactions at a time when it became…
Shoppers in Nigeria are now able to buy original mobile and computing devices online following a new deal between eCommerce giants, Konga and world-renowned technology company, Apple, Digital TimesNG can now report. Digital TimesNG understands that with the coming together of both technology giants, authentic products from Apple such as the iPhone, Mac, and iWatch among other exciting accessories are readily available for purchase directly from the Konga online store at the click of a button. As an industry pacesetter, Konga continues to set a track record of producing and selling authentic products to its wide customer base, having built…
The Central Bank of Nigeria has appointed new executive directors to oversee the affairs of Polaris, Union, and Keystone banks, whose boards were dissolved less than 48 hours ago. The apex bank, in a statement signed by the acting Director of Corporate Communications, Sidi Hakama, released on Thursday morning, said the appointment takes immediate effect. Yetunde Oni, the first female CEO of the Standard Chartered bank in Sierra Leone, was appointed as the Chief Executive Officer of Union Bank, while Mannir Ubali Ringim was selected as the Executive Director of the tier-2 bank. Hassan Imam was appointed as Keystone Bank’s…
Anambra State has marked a significant milestone in its journey towards technological advancement with the adoption of the Nigeria Startup Act (NSA). At a 2-day Ecosystem Stakeholders Engagement and Validation Session, held at the Solution Innovation District Centre in Awka, Anambra State in December, key stakeholders, government officials, and industry players converged to discuss the adoption of this groundbreaking legislation and validate pertinent issues that should be considered. Hosted by Ms. Chinwe Okoli, the Special Adviser to the Governor on Innovation and Business Incubation, the event witnessed the presence of esteemed dignitaries such as the Deputy Governor of Anambra State,…
9mobile, Nigeria’s innovative telecommunications company recently hosted Photojournalists to a dynamic Capacity Building Workshop themed “New Technologies in Photography and Their Applications in Photojournalism.” The workshop which saw the participation of accomplished photojournalists eager to elevate their craft was facilitated by Modo Ekene Victor, a trailblazer in photography; an accredited FIFA.com, CAF/LMC/NPFL photojournalist and the 2019 Photojournalist of the Year by the Nigerian Sports Awards. 9mobile’s Public Relations Lead, Chineze Amanfo, speaking before the workshop, emphasised the importance of embracing technological advancements in the ever-evolving landscape of photojournalism. “As a company deeply rooted in innovation, 9mobile recognises the transformative power…
Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has expressed the belief that the automation of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) will up the ante in tackling corruption to a large extent in the country. Inuwa who made this known during a courtesy visit to him by members of staff of the ICPC, led by the Chairman, Dr. Musa Adamu Aliyu, SAN, confirmed the Agency’s readiness to collaborate with ICPC to aid the digitisation of its services and monitoring corrupt practices in public institutions, noting that automation is a journey and…
The Solution Innovation District (SID) has hosted the First Lady of Anambra State, Dr. Mrs. Nonye Soludo, in an event themed “SID Tech Hangout with the First Lady of Anambra State.” The visitation, which took place on 2nd January 2024, was marked by enthusiasm, collaboration, and a shared commitment to advancing technology and innovation in the state. Upon her arrival at the SID Centre, Mrs. Nonye Soludo was warmly welcomed by the Special Adviser to the Governor on Innovation and Business Incubation, Ms. Chinwe Okoli, along with some key players in the innovation ecosystem. The Special Adviser then guided…