–Provide Subscribers With Steps To Unblock Blocked Lines News Highlights: ALTON firmly denies any connection between the ongoing subscriber line barring exercise and the planned national protest. Subscriber line barring exercise linked to the harmonization of the SIM Registration database with the National Identity Database ALTON assures customers that all operators have implemented measures to help those whose lines have been blocked. The Association of Licensed Telecommunication Operators of Nigeria (ALTON) has denied as untrue, some online reports linking the ongoing subscriber line barring exercise, with the planned national protest. ALTON said on Monday in a press statement jointly signed…
Author: Rommy Imah
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.
—Etuh, Danjuma, Edun, Ikpoki Others Join 9mobile Board News Highlights: EMTS Limited, operating as 9Mobile, has completed an equity investment by LH Telecommunication Limited. The new investor, LH Telecommunication Limited, has nominated several individuals to the board of directors of 9Mobile. The reconstitution of the Board and appointment of a new management team is part of the company’s transformation programme. Following the required approvals from the Nigerian Communications Commission and the Federal Competition and Consumer Protection Commission, Emerging Markets Telecommunication Services Limited, operating as 9Mobile, has announced the completion of an equity investment by LH Telecommunication Limited. Digital TimesNG understands…
-QuickBucks Enables Every Nigerian To Achieve Financial Freedom News Highlights: QuickBucks digital loan platform has disbursed 18 million loans worth over ₦740 billion, highlighting its significant impact and reach. The bank has continuously adopted fintech innovations, including plans for AI-based lending solutions and blockchain technology. The platform now offers improved credit scoring algorithms and various loan options such as digital asset and vehicle financing. Access Bank, Africa’s leading full-service commercial bank has said that seven years after it first introduced QuickBucks, its first digital PayDay loan, it has granted 18 million loans worth over ₦740 billion. The bank said it…
News Highlights: Bosch’s visit to TD Africa’s Lagos head office reaffirmed TD Africa as a strategic ally for Bosch’s business in Nigeria. Bosch’s commitment to top-notch supply-chain management with TD Africa aims to ensure a steady supply of products. This collaboration enhances TD Africa’s reputation as the premier distributor for global brands. A delegation of Robert Bosch GmbH, popularly known as BOSCH, has paid a courtesy visit to tech distribution giant, TD Africa at its Victoria Island, Lagos, head office. The visit further showcases BOSCH’s acknowledgment and endorsement of the Nigerian-born, Africa-wide technology distribution company, TD Africa. This pivotal visit…
-FG Calls On Nigerians To Apply For The Hackathon News Highlights: The Hackathon aims to equip citizens across the region with essential cybersecurity skills. Federal Government encourages Nigerian youths and IT enthusiasts to join the hackathon. Registration for the 2024 ECOWAS Hackathon is open to citizens of ECOWAS member countries. The Federal Government has invited Nigerian youths and IT enthusiasts to participate in the Economic Community of West Africa’s (ECOWAS) Cybersecurity Hackathon by joining the ‘Capture the Flag’ (CTF) competition. Digital TimesNG understands that the event organised by ECOWAS and hosted by Nigeria in partnership with the Federal Ministry of…
News Highlights: 9mobile has denied being a party to any legal suit or affected by any court order, contrary to media reports. The telecom firm has clarified that the court order in question was related to “Keystone Bank v. Teleology Nigeria Limited,” not 9mobile. 9mobile emphasized that it is not liable for actions taken by its minority shareholder, Teleology Nigeria Limited Emerging Markets Telecommunication Services Limited (EMTS), trading as 9mobile has denied being a party to any suit or being affected by the order said to have been made against it as an entity as reported by a cross-section of…
News Highlights: The Guided Trade Initiative is projected to unlock around $50 billion in opportunities for Nigerian businesses. The initiative gains international support, including an Action Plan to enhance trade and support Nigerian entrepreneurs. President Tinubu and other key officials highlighted AfCFTA’s role as a catalyst for industrialization and regional prosperity. Nigeria has embarked on a landmark initiative with the introduction of the Guided Trade Initiative under the African Continental Free Trade Area (AfCFTA). This move marks a significant step toward enhancing intra-African trade and promoting economic diversification, reports Digital TimesNG. Led by President Bola Tinubu, the initiative is expected…
PalmPay Processes 15m Transactions Daily On Its Consumer App News Highlights: PalmPay earns global recognition as it is named in CNBC and Statista’s “Top 250 Fintech Companies in the World” for 2024 PalmPay’s recognition reflects the fintech’s rapid expansion and significant impact on financial inclusion across Africa. PalmPay’s innovative approach to financial services has contributed to financial inclusion in a market where over 40% of adults are unbanked. PalmPay, a prominent fintech platform with a focus on Africa, has been featured in the 2024 edition of CNBC and Statista’s esteemed “Top 250 Fintech Companies in the World” list. This accolade…
News Highlights: A CrowdStrike code update has bricked Windows machines worldwide affecting numerous companies. The Blue Screen of Death (BSoD) is appearing on affected Windows machines, causing outages for companies. CrowdStrike identified the issue but affected computers still require manual intervention to delete the update and restart. There are trending reports that a CrowdStrike code update that took place Thursday night (July 18) is bricking Windows machines across the world, impacting companies of all scales. In the United Kingdom, the London Stock Exchange, television companies, flight operators and train companies are impacted. The dreaded Blue Screen of Death (BSoD) is…
News Highlights: Ransomware Recovery Costs Skyrocket Vulnerability Exploitation on the Rise Ransom Payments Increase, Recovery Times Lag Sophos, a global leader in innovative security solutions for combating cyberattacks, has published a sector survey report titled “The State of Ransomware in Critical Infrastructure 2024,” reports Digital TimesNG. The report reveals that the median recovery costs for two critical infrastructure sectors, Energy and Water, have quadrupled to $3 million over the past year. This figure is four times higher than the global cross-sector median. Additionally, 49% of ransomware attacks against these two critical infrastructure sectors began with an exploited vulnerability. The “State…