News Highlights: Y’ellopreneur 3.0 is a ₦1 billion matching-fund programme to provide equipment financing, training, mentorship, and advisory support for 200 women-led MSMEs across Nigeria. The initiative aims to move women entrepreneurs from small-scale operations to sustainable, industrial-level businesses, strengthening financial inclusion and economic participation nationwide. In a strategic push to transform women-owned businesses from micro operations into industrial-scale enterprises, the MTN Foundation, in partnership with the Bank of Industry (BOI), has opened applications for the Y’ellopreneur 3.0 programme, a ₦1 billion matching-fund initiative delivered through the Enterprise Development Centre of Pan-Atlantic University. Rather than a conventional empowerment scheme, the…
Author: Rommy Imah
Rommy Imah is Founder/Editor of Digital Times Nigeria (www.digitaltimesng.com). He has been in active journalism in over two decades with a bias for technology and business reporting. He is particularly passionate about technology and how it can be used to transform human life, businesses and services.
News Highlights: FairMoney Microfinance Bank has appointed Gbenga Shobo as Board Chairman and Debo Aderoju as Executive Director/Chief Risk Officer. The new appointees bring critical expertise to support FairMoney’s transition from a high-growth fintech lender into a full-service licensed microfinance bank. FairMoney Microfinance Bank, one of Nigeria’s leading technology-driven financial institutions, has announced the appointment of seasoned banking professionals, Gbenga Shobo as Chairman of the Board, and Debo Aderoju as Executive Director and Chief Risk Officer. Digital TimesNG understands that the appointments are part of the Bank’s ongoing efforts to strengthen its corporate governance structure and executive leadership capacity, respectively,…
News Highlights NDPC says recording and posting unsuspecting citizens online violates privacy rights under the Constitution and the Nigeria Data Protection Act, 2023. Statement signed by the Commission warns offenders, including platform owners, risk sanctions and possible criminal prosecution. The Nigeria Data Protection Commission (NDPC) has warned content creators to respect citizens’ privacy when producing and sharing social media content, cautioning that violations could attract sanctions and criminal liability. In a statement signed by the Head of Legal, Enforcement and Regulations at the Commission, Babatunde Bamigboye, the NDPC said it had received complaints about individuals who photograph or record unsuspecting…
News Highlights Nigeria’s electricity sector tops consumer complaints, with issues ranging from erratic supply and billing disputes to unmet Band A and B tariff service commitments. The FCCPC is actively monitoring fuel prices, airline fares, and cement costs, while pursuing legal action under the FCCPA to protect consumers. Nigeria’s electricity sector has emerged as the single largest source of consumer dissatisfaction, driven by persistent supply shortfalls, tariff disputes, and perceived service gaps across distribution networks, according to the Federal Competition and Consumer Protection Commission (FCCPC). The commission disclosed that energy companies generate the highest volume of complaints nationwide, with grievances…
News Highlights Telecoms, fintech firms, and banks account for a large share of Nigeria’s roughly 25,000 annual consumer complaints, driven by data service issues, digital transactions, and predatory loan terms. The FCCPC has recovered over N20bn for consumers as of March 2026 and successfully pushed telecom operators to cut a planned 100% tariff hike to 50% amid inflation pressures. Telecommunications and fintech services have emerged as major pressure points for Nigerian consumers, with the Federal Competition and Consumer Protection Commission (FCCPC) reporting thousands of grievances tied to data services, digital transactions, loan apps, and banking platforms. The Commission’s Executive Vice…
News Highlights The Anambra State–owned Solution Innovation District (SID) and Saudi Arabia’s Dhahran Techno Valley Holding Company (DTVC) signed a MoU to deepen collaboration in research, entrepreneurship, and technology commercialization. The partnership will promote joint startup accelerator programmes, co-investment in high-potential technologies, knowledge sharing, and international innovation events to connect startups, investors, and researchers from both regions. The Anambra State, Nigeria-owned Solution Innovation District (SID), and Dhahran Techno Valley Holding Company (DTVC), a leading science and technology hub based in the Kingdom of Saudi Arabia, have signed a Memorandum of Understanding (MoU) to strengthen collaboration in research, innovation, entrepreneurship, and…
Nigeria’s diplomatic presence in parts of Europe and Latin America is set for a refresh as President Bola Ahmed Tinubu has approved the posting of new ambassadors, including former governors and political figures, to key foreign missions. Among the notable assignments, former Abia State governor Okezie Victor Ikpeazu has been posted as Nigeria’s Ambassador to Spain, while former Enugu State governor Ifeanyi Ugwuanyi will head the country’s mission in Greece. Political commentator Reno Omokri is to serve as Nigeria’s ambassador to Mexico. The postings form part of a broader diplomatic deployment involving 31 career ambassadors and 34 non-career ambassadors to…
Imo State is steadily positioning itself as one of Nigeria’s most ambitious hubs for digital innovation, a development that has drawn national attention from technology leaders and policymakers alike. Managing Director and Chief Executive Officer of the Nigerian Communications Satellite (NIGCOMSAT), Jane Egerton‑Idehen, made this observation during a visit to Imo State on Monday, during which she toured the Imo State Digital City and met with Governor Hope Uzodimma. Describing the initiative as a model for sub-national digital transformation, Egerton-Idehen said the state is quietly building what could become the “Silicon Valley of the East,” driven by deliberate policies, strong…
The Federal Airports Authority of Nigeria (FAAN) has announced designated pick-up points for individuals wishing to obtain their Go-Cashless cards ahead of the March 1, 2026, deadline. A release by Henry Agbebire, Director, Public Affairs and Consumer Protection at FAAN, said members of the public can obtain their Go-Cashless cards at all FAAN commercial offices and access gates nationwide immediately. The cards will also be available at designated branches of Fidelity Bank Plc from March 16, 2026. The cashless policy aligns with a Federal Government directive mandating all Ministries, Departments, and Agencies (MDAs) to transition to a cashless system to…
Samsung Electronics Co., Ltd., on Wednesday, unveiled the Galaxy S26 series, powered by the most proactive and adaptive Galaxy AI experiences yet and designed to simplify the tasks people do on their phones every day. From managing plans and finding information to capturing and refining content, Galaxy S26 reduces the effort and number of steps required to get things done. Samsung’s third-generation AI phones, Galaxy S26, S26+, and S26 Ultra, handle complex tasks in the background, allowing users to focus on results rather than how the technology works. The Galaxy S26 series was engineered with Samsung’s most advanced capabilities working…