News Highlights: Smartphone Penetration and Internet Connectivity Drive Mobile Money Growth PalmPay Expands with High Transaction Success and Financial Inclusion Efforts Mr. Chika Nwosu, Managing Director, PalmPay, Nigeria’s leading Mobile Money Operator (MMO), has identified smartphone penetration, internet connectivity and innovative technologies as key factors that are crucial to increased access to mobile money services in Nigeria. MMOs are financial service providers licensed by the Central Bank of Nigeria (CBN) to offer mobile-based financial services. They facilitate the transfer of funds, payments, and other banking-related services through mobile devices. Speaking during a media roundtable held at the company’s head office…
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.
The Nigerian Communications Commission (NCC) has granted approval to Mobile Network Operators (MNOs) to disconnect Unstructured Supplementary Service Data (USSD) codes assigned to financial institutions that remain indebted to the operators. The NCC said on Wednesday in a statement signed by its Director, Public Affairs, Mr. Reuben Muoka, and made available to Digital TimesNG, that this action will take effect if outstanding invoices are not settled by Monday, January 27, 2025. The telecom regulatory body, in line with its mandate to safeguard consumer interests, informs the public that access to USSD platforms provided by affected financial institutions may be disrupted…
News Highlights: Programme to empower civil servants for digital transformation Programme is part of FG’s ambitious National Digital Literacy Goals The Federal Government has launched a digital literacy training programme for federal civil servants aimed at enhancing the skills and competencies of government employees in navigating digital tools and technologies. Digital TimesNG reports that this initiative is a collaborative effort between the National Information Technology Development Agency (NITDA) and the Office of the Head of Civil Service of the Federation. The programme aims to equip civil servants with the necessary skills to effectively utilise digital technologies, thereby improving their productivity…
News Highlights: The MoU will strengthen Consumer Protection and Fair Competition It will ensure Streamlined Regulatory Framework The Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have formalized a ground-breaking partnership through the signing of a Memorandum of Understanding (MoU). Digital TimesNG gathered that this milestone agreement underscores a shared commitment to safeguarding consumer interests and fostering a transparent and competitive telecommunications industry in Nigeria. Speaking at the MoU signing ceremony which took place at the FCCPC headquarters in Abuja, Dr. Aminu Maida, Executive Vice Chairman of the Nigerian Communications Commission (NCC), highlighted the significance…
News Highlights: PalmPay achieved a notable Customer Experience (CX) score of 81.6, ranking among the top fintech platforms in the region. The Fintech Company excelled in the six key pillars of excellence assessed by KPMG: Integrity, Resolution, Expectations, Time & Effort, Personalisation, and Empathy. PalmPay, a top Africa-focused fintech platform, has been recognised in the 2024 KPMG West Africa Banking Industry Customer Experience Survey for providing outstanding customer service and outperforming traditional banks in key areas. Digital TimesNG reports that the survey highlights PalmPay’s strong performance across multiple stages of the customer journey, with customers praising the platform’s seamless transaction…
News Highlights: Afreximbank’s Commitment to Youth Empowerment Strategic Focus on Youth Entrepreneurship and Digital Transformation The African Export-Import Bank (Afreximbank) has strengthened efforts to create more empowerment opportunities for Africa’s youth, emphasizing that the continent’s future and global socio-economic relevance depend on its young generation. Benedict Okey Oramah, President of the Bank, stated this at the 5th edition of youth summit organised by Grand Africa Initiative (GAIN), a pan-African non-governmental organization, in Abuja on the theme “Connecting Africa through Youth Entrepreneurship and Digital Innovation.” Over the years, youth representatives from 91 countries, officials of Federal and State governments, development partners,…
News Highlights: Ekeh dismissed fresh lawsuit as baseless Ekeh expressed surprise at Femi Falana (SAN)’s continued media trial approach Chairman of Zinox Group, Mr. Leo Stan Ekeh, while responding to phone inquiries from journalists regarding a new lawsuit reported by Sahara Reporters against his companies, staff, wife, and himself, dismissed the purported suit as “baseless forum shopping.” Ekeh expressed shock that Femi Falana (SAN), counsel to Benjamin Joseph of Citadel Oracle Concepts Ltd—an Enugu native based in Ibadan—continues to engage in media trials over the same case he withdrew last year after allegedly misleading the former Attorney General of the…
News Highlights: Adonu in historic achievement in airtime and data distribution Becomes a beacon of inspiration and regional pride In a remarkable display of excellence, Kingsley Ifeanyi Adonu, a leading MTN Nigeria partner from Enugu State, has shattered records to claim the top prize at the 2024 MTN Nigeria Partners Award. Adonu emerged as the number one partner in airtime and data distribution across Nigeria, a monumental achievement that marks the first time a partner from the Southeast has reached such heights in the history of MTN Nigeria. This victory is not just a personal milestone for Adonu but a…
—For Remarkable Conflict Resolution Efforts Engr. Chief Richard Chukwuedozie Imah was on Wednesday recognized with an ambassadorial award as a United Nations Ambassador for Peace, acknowledging his remarkable contributions to conflict resolution and community harmony. He was presented with the Chartered Fellowship Award by the International Association of World Peace Advocates of the United Nations Peace Volunteers at a ceremony that took place at the palace of Ezeigbo Ejigbo, Eze Nicholas Emenike Njoku. By this award, Chief Richard Chukwuedozie Imah, who is also the Onowu (traditional prime minister) of Ndigbo Ejigbo becomes an Eminent Peace Ambassador of the United Nations…
News Highlights: Ozi, a new app unveiled on Monday, introduces a transformative approach to package delivery by connecting travelers with individuals needing to send packages. With rigorous user verification processes, real-time package tracking, and optional insurance for high-value items, Ozi prioritizes security and reliability. Ozi (www.ozionline.com), a pioneer community-driven delivery app, was on Monday, unveiled to offer users a new way to send packages and earn extra cash, reports Digital TimesNG. By connecting people traveling with those needing package delivery, Ozi turns everyday trips into profitable opportunities, aiming to disrupt the global parcel delivery industry, also known as the Courier,…