The World Bank has banned two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their CEO, Norman Didam, for 30 months due to corruption linked to the National Social Safety Nets Project, reports Digital TimesNG. The World Bank disclosed in a statement on Monday, that the project aimed to provide targeted financial assistance to poor and vulnerable households was compromised due to several unethical practices during a 2018 procurement and subsequent contract process. According to the bank, the companies misrepresented conflicts of interest, accessed confidential tender information, and submitted falsified documents during a 2018 procurement process. They…
Author: Our REPORTER
News Highlights: Patricia’s Recovery and Repayment Efforts Customer Communication and Reassurance Patricia Technologies, a Lagos-based financial technology company, has begun reimbursing customers affected by a 2022 security breach, marking the culmination of a two-year effort to recover funds and restore trust. In 2022, Patricia experienced a major cyberattack that led to the loss of over 600 million Naira from customer accounts, prompting the company to temporarily restrict withdrawals and work with law enforcement agencies, resulting in the arrest of several suspects, including a prominent politician. Patricia, having previously requested a two-to-five-year repayment window, has begun implementing its plan by disbursing…
Ikeja came alive on Friday, November 15, as the TECNO SPARK 30 city Tour brought an electrifying mix of excitement, discounts, and rewards to the heart of the city. The atmosphere buzzed with energy, fueled by pulsating music, engaging games, and an irresistible N20,000 discount on the fun-filled TECNO SPARK 30 Pro. The stakes got even higher as lucky buyers stepped into the Games Grotto, where they played for a chance to win up to 100% cashback, igniting cheers and anticipation all around. The excitement peaked with the grand arrival of tech and lifestyle creator Kagan, alongside Big Brother Naija…
The Minister of Defence, Mohammed Badaru Abubakar, has called for robust support for the Nigerian Military in its ongoing efforts to combat insecurity, emphasizing that peace is a cornerstone of national development. Speaking at the opening ceremony of the 45th International Trade Fair organized by the Kano Chamber of Commerce, Industry, Mines, and Agriculture (KACCIMA), the Minister highlighted that an improving security situation in the country will pave the way for enhanced economic prosperity. He reaffirmed President Bola Ahmed Tinubu’s commitment to restoring peace and stability and urged Nigerians to continue supporting the government with prayers while maintaining confidence in…
The Minister of Defence, Mohammed Badaru Abubakar, is currently in Enugu on operational tour of 82 Division of the Nigerian Army and other military platforms in Enugu State. He was received on arrival by the General officer Commanding 82 Division of the Nigerian Army / Commander JTF SE of Operation Udoka, Major-General H.T Dada and other senior military officers. The Minister is expected to meet with South East stakeholders on the way forward. Details later…….
News Highlights: Hermplify is empowering women entrepreneurs Driving Economic Inclusion Hermplify, a ground-breaking AI-powered platform, has officially launched to help women entrepreneurs and young girls in Africa grow their businesses and learn valuable tech skills. The platform is designed to make it easier for women to succeed by providing tools for managing their businesses, accessing financial support, and learning in-demand digital skills. Digital TimesNG reports that Hermplify aims to empower millions of women in Africa, where over 100 million female entrepreneurs currently face barriers like lack of access to technology and funding. By offering user-friendly, AI-driven business and education tools,…
The Minister of State for Defence, Dr. Bello Matawalle is in the Kingdom of Saudi Arabia to begin talks with the Secretary General of the Islamic Military Counter Terrorism Coalition (IMCTC), Major Gen. Mohammed Bin Saeed Al-Moghedi. The talks which began at the IMCTC Headquarters in Riyadh, Saudi Arabia on Monday November 18, 2024 is expected to yield positive results and ideas on how best to approach counter-terrorism in Nigeria. During the meeting, Dr. Matawalle is expected to talk with other high ranking experts in counter-terrorism fight and logistics management.
The Honourable Minister of Defence, Mohammed Badaru Abubakar has called on the Nigerian Airforce to intensify the use of their various platforms to bring an end to banditry and terrorism. According to the Minister, “you are key to this this fight and we must put our acts together on your active component to end this war.” Badaru said this during his operational visit to the Air Component Sector 2 Operation FANSAN YAMMA at Katsina state on Monday 18th November 2024. The Honourable Minister appreciated the heroic Air warriors who have continued to shine as beacons of hope, courage and resilience…
News Highlights: Director General of NITDA, emphasized the importance of collaboration within the Fintech ecosystem. Inuwa underscored NITDA’s commitment to bridging the digital divide through initiatives like the National Digital Literacy Framework. The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has emphasized the need for greater collaboration among stakeholders in the Fintech ecosystem to improve financial literacy and foster financial inclusion across Nigeria. Inuwa who spoke at the 6th Annual FirstBank FinTech Summit, held at the Lagos Continental Hotel, Victoria Island, Lagos, participated in a panel discussion titled “Policy and Infrastructure: Navigating Financial Regulations for…
-Event To Highlight QNET’s Commitment To Quality, Innovation, And Ethical Practices In Partnership With Transblue Limited News Highlights: QNET, together with Nigerian partner Transblue Limited, is set to host its second product expo in Lagos beginning November 15, 2024. The 2-day event will showcase QNET’s dedication to enhancing lives through innovative wellness products. Global lifestyle and wellness-focused direct-selling company QNET, in collaboration with its Nigerian partner, Transblue Limited, is set to host its second product expo in Lagos, reports Digital TimesNG. The two-day event, scheduled for November 15-16, 2024, at the Anchor Events Place in Ikeja, will highlight QNET’s dedication…