News Highlights: PalmPay reaffirmed commitment to fighting financial fraud The fintech company entered into proactive collaboration with NFIU PalmPay, a leading fintech company in Nigeria, has reaffirmed its commitment to fighting financial fraud using advanced technology. This commitment was highlighted during a high-level courtesy visit by the company’s Managing Director and management team to the Nigerian Financial Intelligence Unit (NFIU). Addressing the growing prevalence of fraud in the country, Chika Nwosu, Managing Director of PalmPay Limited, stressed the need for robust collaboration between fintech companies and government agencies. “At PalmPay, we believe that a secure financial ecosystem is the foundation…
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.
News Highlight: Mrs. Olubunmi Kuku, Managing Director of FAAN, launched “Operation AirClean” to tackle touting, harassment, extortion, and other unpatriotic practices at Murtala Muhammed Airport. The initiative aims to streamline passenger search processes, enhance inter-agency collaboration, and improve the overall travel experience by leveraging technology and intensifying monitoring measures. The Managing Director/Chief Executive of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, convened a high-level meeting on December 2, 2024, with heads of security agencies at Murtala Muhammed Airport (MMA), Lagos, to address the recurring issues of touting and harassment of passengers at screening points. During the meeting,…
News Highlights: NITDA commended tech giants such as Google, X (formerly Twitter), Microsoft, and TikTok for adhering to the Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries. Foreign digital companies, including social media platforms operating in Nigeria, contributed over ₦2.55 in taxes during the first half of 2024, as reported by FIRS and NBS. The National Information Technology Development Agency (NITDA) has praised global tech giants Google, X (formerly Twitter), Microsoft, and TikTok for adhering to the Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries. This regulatory framework, jointly issued by the Nigerian Communications Commission (NCC), National Broadcasting…
News Highlights: The 56th AFRAA Annual General Assembly addressed critical challenges such as aircraft financing, sustainability, and innovation in African hubs. AFRAA unveiled its Route Intelligence Portal, offering analytical tools for network expansion and underserved market opportunities. The African Airlines Association (AFRAA) successfully concluded its 56th Annual General Assembly (AGA), hosted by EgyptAir under the patronage of the Egyptian government. Digital TimesNG reports that the event gathered over 600 delegates from 60 countries to deliberate on strategies to transform and develop Africa’s aviation sector. Held under the theme “Transform and Develop the Airline Industry in Africa”, the Assembly focused on…
News Highlights: TD Africa and Check Point Software Technologies Ltd. have partnered to strengthen Nigeria’s cybersecurity framework. The partnership explored emerging cybersecurity trends and innovative solutions while fostering collaborations to bolster Nigeria’s digital ecosystem. TD Africa, a top technology distributor in Sub-Saharan Africa, has partnered with Check Point Software Technologies Ltd., a global leader in cybersecurity, to strengthen Nigeria’s defenses against cyber threats. The strategic partnership which was announced at a partner roundtable event in Lagos and attended by industry executives, stakeholders, and IT professionals, facilitated discussions on emerging cybersecurity trends and fostered strategic partnerships. Participants explored innovative approaches to…
News Highlights: NITDA and JICA’s iHatch Cohort 4 program will support 185 startups and 37 innovation hubs across all 36 states and the FCT. The program targets startups in fintech, agritech, healthtech, edtech, logistics, and civic tech, aiming to create 1,000 jobs. The National Information Technology Development Agency (NITDA), in collaboration with the Japan International Cooperation Agency (JICA), has unveiled iHatch Cohort 4, a ground-breaking initiative aimed at accelerating the growth of Nigeria’s startup ecosystem. NITDA through a statement by Mrs Hadiza Umar, its Director, Corporate Communications and Media Relations is therefore, inviting applications from Startups and innovation hubs nationwide…
News Highlights: Konga has launched the Naija Shopping Festival, a month-long Christmas sales event running from December 1 to 30. This initiative aims to provide shoppers with extraordinary deals during the festive season, especially those who missed the Konga Yakata sales. Konga, Nigeria’s leading e-commerce platform, has unveiled the Naija Shopping Festival, a Christmas sales event designed to offer shoppers extraordinary discounts and unbeatable deals. Konga said in a statement that this exciting shopping extravaganza begins on December 1 and runs through December 30, promising an unforgettable experience for all. “With discounts of up to 70% off on your favourite…
News Highlights: Excitement peaks ahead of Black Friday finale Sales to witness unparalleled discounts and events Excitement is reaching a fever pitch among shoppers as the Konga Yakata Black Friday shopping fiesta enters its final week. Shoppers nationwide are gearing up for a rain of last-minute deals and irresistible offers, with the promotion set to end on Saturday, November 30, 2024. The month-long Konga Yakata campaign, which kicked off on Friday, November 1, has delivered an unparalleled shopping experience, treating customers to incredible discounts, engaging promos, and unbeatable incentives. In addition to massive price cuts across a wide range of…
News Highlights: Inuwa emphasized the transformative potential of Blockchain and Artificial Intelligence (AI) in positioning Africa as a global leader in technology. He outlined the importance of supportive policies, strategic partnerships, and youth empowerment to fully harness the potential of these technologies. Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has highlighted the transformative potential of blockchain and AI in positioning Africa as a global technology leader. In his keynote address, titled “Blockchain Technology & AI: Positioning Africa for the Future,” and delivered at the Africa Tech Alliance (AfriTECH 4.0) Forum held in Lagos recently, Abdullahi…
News Highlights: Access Bank Plc has dismissed social media claims of unethical behavior and the alleged denial of a ₦500 million inheritance to a customer. The Bank emphasized its adherence to high ethical standards, customer privacy, and the safety of customers’ funds. Access Bank plc on Sunday dismissed a social media report of missing funds and unethical behaviour in the bank. Recall that social media influencer, VeryDarkMan, had called public attention to a high-stakes case involving the bank and an alleged ₦500 million inheritance dispute. In a viral video shared on his Instagram page on Friday, VeryDarkMan claimed the family…