The Digital Assets Coalition (DAC) has called on the Nigerian Revenue Service (NRS) to suspend the implementation of its newly introduced taxation framework for virtual assets, warning that key provisions of the guideline could undermine one of Nigeria’s fastest-growing technology sectors and drive businesses and users out of the country. The Digital Assets Coalition (DAC) is the industry alliance representing digital-asset participants and operators in Nigeria. Speaking at a press conference in Lagos on Thursday, the Coalition’s Spokesperson, Mr. Obinna Iwuno, said the industry is not opposed to taxation but insists that the current framework must be redesigned to focus…
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 second edition of the QEDNG Creative Powerhouse Summit has attracted strong backing from leading public and private sector organisations, underscoring growing confidence in Nigeria’s creative economy as a driver of national development. Among the institutions supporting the summit are the Lagos State Government, FirstBank, Zenith Bank, the Lagos State Internal Revenue Service (LIRS), Fidelity Bank, Polaris Bank, the Africa Soft Power Group and Nigeria LNG Limited (NLNG). The announcement was made on Wednesday by Mighty Media Plus Network Limited, publishers of the online newspaper QEDNG. Scheduled for Tuesday, August 11, 2026, at the Radisson Blu Hotel, Ikeja GRA, Lagos,…
Access Holdings Plc has significantly expanded its green financing initiatives, growing its sustainable asset portfolio to ₦92.14 billion as of December 31, 2025, while reducing its operational greenhouse gas emissions by 28.47 per cent from its 2022 baseline and extending financial services to approximately 2.53 million low-income individuals. The achievements are contained in the Group’s 2025 Sustainability Report, released on the Nigerian Exchange Limited, which highlights measurable progress in integrating sustainability into its business strategy and operations. The report underscores Access Holdings’ transition from pursuing scale to creating long-term value by embedding environmental, social and governance (ESG) principles across capital…
Zenith Bank Plc has disclosed that it is investigating an incident involving unauthorised access to limited customer information, including email addresses and phone numbers, following what it described as part of a wider global cyber-attack affecting multiple international organisations across different sectors. In a public notice issued to customers, the bank said it immediately activated its incident response protocols and implemented cybersecurity measures and remediation efforts upon detecting the breach. According to the bank, the incident has not affected its banking services or digital platforms, which it said remain secure and fully operational. “Upon discovery, we promptly activated our incident…
The National Information Technology Development Agency (NITDA) has declared that Nigeria is deliberately positioning itself as a creator of artificial intelligence (AI) solutions rather than remaining a passive consumer of technologies developed elsewhere, as it intensifies efforts to build a globally competitive AI ecosystem. Director General of NITDA, Kashifu Inuwa, disclosed this in Abuja during the official launch of the ECOWAS Small Business Coalition (ESBC)-INNOPOWER Free MSMEs AI Master Trainer Programme, held at the United Nations House. Represented by the Director of Digital Development Services, Mr. Oladejo Olawunmi, the DG said Nigeria’s National Artificial Intelligence Strategy is designed to strengthen…
The Federal Government has stepped up efforts to deepen data-driven governance and strengthen public confidence in the management of personal information by directing all Ministries, Departments and Agencies (MDAs) to fully comply with Nigeria’s data protection laws, with chief executives and accounting officers now personally accountable for implementation. The directive is contained in Circular No. 59805/S.I/74, dated July 27, 2026, and signed by the Secretary to the Government of the Federation (SGF), Senator George Akume. The circular draws the attention of all Federal MDAs to the directive of President Bola Ahmed Tinubu, underscoring the strategic importance of data in national…
Access Bank Plc has dismissed as false and misleading a message circulating on WhatsApp and other social media platforms that falsely claims to originate from the bank, reassuring customers, partners and stakeholders that its operations remain stable and uninterrupted. In a public notice issued by its management, the bank stated that it remains safe, financially strong and fully operational across all its subsidiaries, stressing that customers continue to enjoy seamless banking services despite the circulation of the fake message. The bank said the misleading information, which impersonates its official communication channels, is aimed at causing unnecessary panic and disrupting business…
The National Information Technology Development Agency (NITDA) has launched a National Software Quality Assurance (SQA) Framework aimed at strengthening Nigeria’s digital infrastructure, enhancing cybersecurity, eliminating costly IT failures, and boosting public confidence in digital governance. The framework, signed by the Director-General and Chief Executive Officer of NITDA, Kashifu Inuwa Abdullahi, under the authority of the NITDA Act 2007, establishes nationwide standards for the design, testing, and deployment of software across Federal Government institutions, regulated industries, and the broader digital ecosystem. NITDA said in a statement signed by Mrs. Hadiza Umar, Director, Corporate Communications and Media Relations, that the new regulatory…
The National Information Technology Development Agency (NITDA) has said its National Digital Literacy Framework remains the foundation of the Agency’s drive to equip children, students, artisans, farmers, professionals and other segments of society with the digital skills needed to participate effectively in Nigeria’s digital economy. Director General of NITDA, Kashifu Inuwa, made this known during a courtesy visit by the Executive Director of Cal-Maji Foundation, Mrs Faith Ayuba, to the Agency’s headquarters in Abuja. Represented by the Director of Digital Development Services, Mr Oluwunmi Oladejo, Inuwa explained that NITDA continues to monitor the performance of its intervention centres across the…
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has declared that the country’s telecommunications operators have invested billions of dollars over the past 25 years to bridge Nigeria’s digital divide, describing telecommunications as the foundation upon which the nation’s digital economy now rests. ALTON Chairman, Engr. Gbenga Adebayo, asserted in a keynote address titled “A Chronicle of Telecom Operators’ Efforts in Bridging Nigeria’s Digital Divide Through Innovation: Achievements, Challenges and Future Prospects,” and presented at the Nigeria Information Technology Reporters Association (NITRA) Innovative Conference 2026 with the theme, “Bridging Nigeria’s Digital Divide with Scientific Innovation.” According to Adebayo, Nigeria’s…