President Bola Tinubu, on Tuesday, approved the appointment of Mr. Daser David as the new President/Chief Executive Officer of the Digital Bridge Institute (DBI), reports Digital TimesNG. Ajuri Ngelale, media aide to President Tinubu said in a statement that Mr. David is an academic and industry expert with a deep understanding of digital technologies and educational leadership. President Tinubu also approved the appointments of Mr. Reuben Oshomah as Executive Director, Marketing, Nigerian Communications Satellite Limited (NIGCOMSAT) and Mrs. Adama Kure, as Executive Director, Finance and Administration (NIGCOMSAT). Ngelale said Mr. Oshomah has extensive experience in communications satellite marketing and strategic…
Author: Our REPORTER
News Highlights: The FG’s committee has finalized an agreement with the Dangote Petroleum Refinery to start distributing Premium Motor Spirit (petrol) in September 2023. Minister of Finance, Wale Edun, highlighted the roles of key stakeholders in the industry emphasizing transparency and progress on government initiatives. The Federal Government’s committee, established to facilitate the implementation of crude oil sales to local refineries in naira, has finalised an agreement with the Dangote Petroleum Refinery to begin the distribution of Premium Motor Spirit (commonly known as petrol) in September this year. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…
News Highlights: The Nigerian Presidency unveiled a new Airbus A330 presidential jet, replacing the 19-year-old Boeing B737-700(BBJ) acquired during former President Obasanjo’s administration. Special Adviser Bayo Onanuga shared images of the new jet, noting that the decision to upgrade followed a parliamentary investigation into the old jet’s safety and cost efficiency. The Presidency, on Monday, unveiled the new Airbus A330 Presidential Jet purchased for President Bola Tinubu. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, released the pictures of the presidential jet via his verified X handle on Monday. He stated that the new jet replaces…
News Highlights: NASENI, the Ministry of Defence, and DICON have signed a significant MoU to establish a Military Industrial Complex (MIC) in Nigeria. The new MIC will serve as a hub for developing, producing, and maintaining military equipment, reducing reliance on imports. The National Agency for Science and Engineering Infrastructure (NASENI) on Wednesday signed a Memorandum of Understanding (MoU) with the Ministry of Defence, reports Digital TimesNG. The development is seen as a significant step towards enhancing Nigeria’s defence capabilities and achieving self-reliance in military hardware production. This partnership marks a pivotal moment in Nigeria’s quest to strengthen its defence…
News Highlights: The partnership focuses on distributing MTN’s MoMo Payment Service Bank (PSB) to extend financial services to the unbanked and underbanked. The collaboration also aims to improve the distribution of MTN data bundles through S.Mobile’s platforms. S.Mobile has joined forces with MTN Nigeria in a move that promises to revolutionize access to digital services and financial inclusion for millions of Nigerians, reports Digital TimesNG. This strategic partnership focuses on the distribution of MTN’s MoMo Payment Service Bank (PSB) and data bundles, offering a seamless gateway to financial services and connectivity. The collaboration brings together two industry leaders with unique…
News Highlights: The relaunched app comes with new features like higher transaction limits, cardless withdrawals, and the ability to plan and schedule payments. The app offers streamlined processes for applying for mortgages and evaluating options directly through the app. Abbey Mortgage Bank has revamped its mobile app with innovative digital solutions to enhance customers’ mobile banking experience, Digital TimesNG reports. Known as ‘AbbeyMobile 2.0’, the app comes with new exciting features, enhanced security, and a user-friendly interface designed to meet customers’ financial needs. Group Head, Retail Sales & E-business, Abbey Mortgage Bank, Felix Omodayo-Owotuga, said, “The re-launch of AbbeyMobile 2.0…
News Highlights: DG of NITDA, Kashifu Inuwa, emphasised the urgent need to integrate digital literacy into Nigeria’s formal education system. Minister of State for Education, Dr. Yusuf Tanko Sununu, supported this initiative, underscoring the need for educational reform to adapt to the digital era. The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has stressed the immediate need to incorporate digital literacy and skills into Nigeria’s formal education system to better equip citizens for the challenges they will encounter after graduation. Digital TimesNG reports that Inuwa stated this during a Stakeholders Dialogue and High-Level Policy Committee…
News Highlights: FG has reaffirmed its commitment to making Nigeria a global leader in technology innovation and entrepreneurship. The iHATCH programme supports young entrepreneurs by providing training and resources to turn their ideas into impactful ventures. The Federal Government of Nigeria has reaffirmed its dedication to establishing the country as a global leader in technological innovation and entrepreneurship, reports Digital TimesNG. Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa stated this during the closing ceremony of the iHATCH startup incubation programme’s third cohort in Abuja. The programme, a joint initiative of NITDA and the Japan International Cooperation…
News Highlights: Trend Micro is exploring a potential sale after receiving buyout interest, driven partly by the recent weakening of the yen. The company has faced challenges with a more than 10% decline in share value this year and has been striving to enhance profitability. Trend Micro, a Japanese cybersecurity firm with a market value of about 950 billion yen ($6.5 billion), is exploring a sale after attracting buyout interest, people familiar with the matter said on Thursday. According to Reuters, the deal deliberations come as a weakening of the yen in the last few weeks, and Trend Micro’s stock…
News Highlights: FBNQuest Trustees has firmly denied any claims of a business relationship with Maihomm Trustees/Maihomm Management. FBNQuest urges the public to disregard any false claims or misinformation regarding their association with Maihomm Trustees. FBNQuest Trustees has described as false, claims making the rounds in some quarters that it has entered into a business relationship with Maihomm Trustees/Maihomm Management. FBNQuest said in a statement on Thursday that it has not entered into any partnership, agreement, or business relationship with Maihomm Trustees/Maihomm Management. According to the statement, “FBNQuest Trustees and Maihomm Trustees/Maihomm Management are separate and independent entities. “At no time…