-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…
Author: Rommy Imah
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…
Scholarship Offers 4-5 Years Of Support For ICT Education News Highlights: Prince (Dr.) Chris Odinaka Igwe has launched a specialised scholarship under the Chris Odinaka Igwe Foundation. The scholarship scheme aims to produce top Information and Communications Technology (ICT) experts from Isuochi, Abia State. The inaugural edition will benefit 20 indigenes from the 9 communities of Isuochi and 5 non-indigenes, totaling 25 recipients. Prince (Dr.) Chris Odinaka Igwe, Chairman/Chief Executive Officer, Chrisnak Group of Companies, has instituted a specialised scholarship scheme aimed at producing top Information and Communications Technology (ICT) gurus expected to be game changers from this part of…
ATCON Is The link Between Its Members And All Tiers Of Government In Nigeria News Highlights: ATCON is convening a landmark Strategic Stakeholders meeting with state commissioners, Permanent Secretaries, and Heads of ICT Agencies in Abuja. The meeting aims to harness states’ potential through technical efficiencies in the telecom and ICT sectors. Discussions at the meeting aimed at advancing broadband access, policy formulation, and sector development across Nigeria. The National Executive Council of the Association of Telecommunications Companies of Nigeria (ATCON) will hold a one-day Strategic Stakeholders meeting with the 36 state commissioners including the FCT, Permanent Secretaries & Heads…
TD Africa Recruited Some Of The Top Graduates Who Participated In The Training Programme News Highlights: TD Africa and Cisco partner for skill development. The training addresses the most sought-after skills in the African technology market. The programme highlights TD Africa’s commitment to bridging Africa’s skills gap. In its ongoing effort to close the growing skills gap in Africa’s technology sector, TD Africa, the continent’s largest technology distribution company, has partnered with Cisco to launch a month-long inaugural training programme. The programme, a pioneering initiative in the TD Academy training series, aimed to equip young minds with technical skills and…
–As The 2024 Nigeria Informal Economy Report Is Launched News Highlight: The 2024 Nigeria Informal Economy Report highlights that over 57.7% of informal business owners are under 34 years old. Moniepoint’s Managing Director emphasized the significant economic contribution of Nigeria’s informal sector to the GDP. FG highlighted plans to provide targeted interventions and legislative support to enhance economic inclusivity and empower informal business operators. Vice President of the Federal Republic of Nigeria, Senator Kashim Shettima, has reaffirmed the government’s unwavering commitment to enhancing economic and financial inclusion in alignment with President Bola Tinubu’s Renewed Hope Agenda. He emphasised that financial…