Halo Financial, a Fintech startup, has highlighted that trust is critical for driving uptake of financial services. Chief Executive Officer and Co-founder, Halo Financial, Chidimma Onyeokoro, said in order to attract new customers and onboard them into the financial ecosystem, financial service providers must first earn the trust of customers by delivering on promises made. “We know that trust is the bedrock of any financial relationship. Whether it is between individuals or between a customer and institution. “When people entrust us with their hard earned money, we take that responsibility very seriously. The security of our customers’ funds, and data,…
Author: Our REPORTER
A not-for-profit organization, the Ndukwe Kalu Foundation (NKF), which aims at promoting knowledge in Information and Communication Technology (ICT) and proper use of the internet among the youth, has called for improved and equal physical and online protection of children. Speaking on the occasion marking Children’s Day 2022, The Foundation observed that the exponential growth of technology has created tremendous opportunities for children and young people globally; as it enables them to learn, share and communicate, and express themselves freely without inhibition or borders. According to Nigerian Communications Commission (NCC) statistics, as of March 2022, Nigeria has 145.9 million Internet…
…As MTN leadership visits CBN Governor
The recent call by the Federal Government for social media platforms to stop supporters of the proscribed Indigenous People of Biafra from posting inciting messages has been faulted by some Civil Society Organisations. Recall that the Minister of Information and Culture, Lai Mohammed, had at a meeting with a team from Facebook on Tuesday, cautioned social media companies against yielding their platforms to members of IPOB to incite violence and instigate ethnic hatred in Nigeria. The minister was quoted in a statement signed by his media aide, Mr Segun Adeyemi, as saying that since IPOB had been proscribed and classified…
Confidential information from a few highly placed sources indicates that the Chairman of the Zinox Group, Leo Stan Ekeh, is ramping up shares indirectly in eCommerce giants, Jumia for a possible acquisition, Digital TimesNG can report. Feelers say the serial digital entrepreneur, who is credited with pioneering e-commerce in Africa with his now-defunct BuyRight Africa over 12 years ago, is replicating the same strategy which he deployed successfully in acquiring Yes Mobile, a cosmopolitan high-value retail outfit, Ashour Corporation, a foremost telecommunications services provider headquartered in Dubai, UAE and more recently, Konga. Efforts by our reporter to reach Ekeh, who…
—-eCommerce Giant Shares First Environmental Social Governance Report
The International Telecommunication Union (ITU) has appointed the Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), as the Chairman of the World Summit on Information Society (WSIS) Forum 2022. The event takes place at ITU Headquarters in Geneva, Switzerland. Digital Times understands that the appointment was conveyed to the Honourable Minister through a letter from the Secretary-General of the ITU, who noted that Professor Pantami was appointed “in the light of his overall commitment to Information and Knowledge Societies and the active role he has played in the WSIS Process” and it followed consultations with various…
Since the famed telecommunications revolution in Nigeria in 2001, the telecommunications sector has remained pivotal to national economic growth and development. It has also remained outstanding by the innovative products and services which its leading lights like Airtel, MTN, Glo, 9mobile, nTel, Swift Networks and Smile have made second nature. One of the most cherished innovations from telcos is the Voice over LTE (VoLTE) introduced in Nigeria by Smile Communications in 2016 and enlivened six years later by the recent launch of the service by MTN in April 2022. In gifting Nigeria its first VoLTE service via a test run…
Close your eyes for a moment and imagine how you can fare in today’s world without being “mobile”, not just on the move but living without your telephone or allied tablets. Invariably, modernity has predisposed most people to be largely dependent on telephony and data transmission. Today, the average Nigerian could be said to need four essentials namely food, shelter, clothing, and telephony. More than most things, the Nigerian has embraced telephony with utmost gusto. Nigeria has the highest teledensity in Africa. And not even the recent revelation by the Nigeria Communications Commission (NCC) that almost twenty-five million lines are…
Fidelity Bank Plc has tutored 4,000 students in 36 schools across Nigeria on the value of managing financial resources effectively in order to improve their economic well-being. Digital Times understands that this initiative, organized in collaboration with Junior Achievement Nigeria (JAN), is part of the activities celebrating the Central Bank’s (CBN) annual Global Money Week (GMW), which promotes financial literacy on a global and local scale. Themed “Build your future, be smart about money,” this year’s GMW emphasizes the importance of ensuring that young people are financially conscious from an early age. It also aims to ensure that they gradually…