News Highlights: Former President Olusegun Obasanjo revealed that the Nigerian government earned about $1.2 billion from telecom license fees paid by telecom companies GSM technology was introduced in 2000. He noted that, despite initial infrastructure challenges and fewer than 500,000 phone lines before the GSM era, the entrance of these companies transformed telecoms into a vital sector for Nigeria’s economy. Former President Olusegun Obasanjo has revealed how Nigeria’s Federal Government earned approximately $1.2bn in telecom license fees from major telecom operators, during the inception of GSM technology in the country. Obasanjo, who made this revelation on Tuesday in Lagos, at…
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 Highlights: Dr. Aminu Maida, EVC of the NCC, will participate in the launch of Dayo Oketola’s book, ‘The Catalyst: Nigerian Tech Evolution Through a Journalist’s Lens.’ Oketola’s book highlights the transformation of Nigeria’s telecommunications industry since the introduction of GSM in 2001. Dr. Aminu Maida, the Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, has confirmed his participation in the book launch of Dayo Oketola, the immediate past Editor of The PUNCH. The book, ‘The Catalyst: Nigerian Tech Evolution Through a Journalist’s Lens,’ which focuses on the evolution of Information and Communications Technology, will be…
News Highlights: The NCC has set a deadline of September 14, 2024, for all mobile users to link their SIMs to their NIN. The NCC emphasized the importance of the NIN-SIM linkage for improving digital security and reducing fraud and cybercrime. The deadline set by the Nigerian Communications Commission (NCC) for all phone users in the country to comply with the requirement to link all Subscriber Identification Modules (SIMs) to National Identification Number (NIN) ends today, September 14, 2024. Recall that the country’s telecom regulator had on August 28, 2024, announced that to ensure full compliance with the NIN-SIM linkage…
News Highlights: Starting Monday, September 9, 2024, fintech companies like OPay, Moniepoint, Palmpay, and Paga will begin deducting a N50 Electronic Money Transfer Levy (EMTL) for every inflow of N10,000 and above. This move, in compliance with the Federal Inland Revenue Service (FIRS) directive, marks the end of the free banking services previously offered by some fintechs. OPay and other fintech companies will on Monday, September 9, 2024, commence the deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by their customers. The fintech companies said the deduction is in compliance with the…
News Highlights: Kecam Technologies has launched Foxit PDF Editor+, a revolutionary solution designed to improve document management and workflows. Foxit PDF Editor+ addresses the challenges of rising documentation costs by providing an affordable, user-friendly solution. Kecam Technologies, a leading indigenous IT firm based in Lekki, Lagos, has announced the launch of a revolutionary PDF Editor, Foxit PDF Editor+. This innovative solution is set to redefine document management and organizational workflows across various sectors. The launch is in response to the burgeoning challenge of accessing foreign exchange and the escalating costs associated with critical office documentation formats. Bonny Mekwunye, Vice Chairman…
News Highlights: The Nigeria Internet Registration Association (NiRA) has announced the 7th edition of the .NG Awards, set for November 29th, 2024. Nominations for the awards opened on September 3rd, 2024, and will close on September 27th, 2024, with voting scheduled from October 7th to October 21st. The Nigeria Internet Registration Association (NiRA) has announced the 7th edition of the .NG Awards, set to take place on Friday, November 29th, 2024. Digital TimesNG reports that this annual event, now in its seventh year, continues to recognize and celebrate outstanding innovations on the .ng domain, reflecting NiRA’s commitment to fostering growth…
News Highlights: Digital Africa Conference and Exhibition provides a prime opportunity for technology players to showcase their brands, enhance their reputations, and engage in unmatched networking with strategic partners, investors, and potential buyers. The 2024 edition, themed “Quantum AI and Implication to Africa,” continues this tradition by bringing together participants from within and outside the continent for knowledge sharing, business connections, and deal-making. The 2024 edition of the Digital Africa Conference and Exhibition begins today, Tuesday, September 3 and ends on Wednesday, September 4, 2024. Digital Africa Conference and Exhibition is Africa’s premier annual consumer technology show which provides the…
News Highlights: Prof. Obadare emphasized the critical role of cybersecurity in safeguarding against threats within Nigeria’s digital landscape. Obadare advocated for a disruption in Nigeria’s educational system, particularly from primary to tertiary levels, to improve data quality. Prof. Obadare Peter Adewale, Founder and CVO of Digital Encode has emphasized the need for Nigeria to understand the threat landscape and the critical role of cybersecurity in protecting against these threats as this is essential for driving sub-sectoral digital growth through Artificial Intelligence (AI). In his presentation at the one-day ICT Growth Conference organized by the Nigeria Information Technology Reporters’ Association (NITRA)…
News Highlights: TransXcel is seeking a £55 million investment to disrupt Nigeria’s traditional transportation sector by expanding its fleet. TransXcel is inviting investors to join its mission to reshape the transportation landscape in Nigeria. TransXcel, an innovative transportation startup, has announced its pursuit of a £55 million investment to revolutionize the commuting experience in Nigeria. TransXcel is a transportation startup dedicated to providing innovative and reliable commuting solutions in Nigeria. By leveraging cutting-edge technology and a customer-centric approach, TransXcel aims to deliver an unparalleled travel experience that meets the evolving needs of commuters. Digital TimesNG reports that the company expects…
News Highlights: The NCC has achieved a 96% compliance rate, with over 153 million SIM cards successfully linked to National Identity Numbers (NINs). The NCC, in collaboration with security agencies, is intensifying efforts to ensure 100% NIN-SIM linkage by the September 14, 2024 deadline. The Nigerian Communications Commission (NCC) has disclosed that over 153 million SIMs have been successfully linked to a NIN, reflecting an impressive compliance rate of 96 per cent, a substantial increase from 69.7 per cent in January 2024. The Commission said in a statement made available to Digital TimesNG Wednesday evening that this marked a significant…