Author: Rommy Imah

Access Bank Plc, a leading institution in the Nigerian financial sector, has unveiled its innovative offline banking platform, www.901.ng to provide customers an additional digital channel to manage and carry out uninterrupted daily transactions. With this innovative solution, Access Bank is redefining convenience and security in banking, ensuring uninterrupted access to financial services even in the absence of Internet connectivity. Speaking to journalists during a media round table chat at the bank’s head office recently, Victor Etuokwu, Deputy Managing Director, Access Bank, said “In today’s fast-paced digital age, connectivity is often taken for granted. However, millions of individuals worldwide still…

Following the reported incident of unauthorized NIN verification by expressverify.com, investigation reveals that a third party who, among others, was originally authorized to provide verification services to citizens and genuine businesses might have allowed expressverify.com to use its NIN verification credentials to conduct verification. Digital TimesNG understands that the circumstances surrounding this permission are still under investigation. To remedy this incident, the National Identity Management Commission (NIMC), in line with established remediation protocols, barred all forms of access to its database. Though necessary, barring all forms of access affected all genuine and crucial verification requests. After a painstaking review, limited…

The management of the Federal Airports Authority of Nigeria (FAAN) has closed the KFC facility at the Murtala Muhammed International Airport in Lagos with effect from March 28, 2024. Digital TimesNG understands that the closure is in line with the Lagos State law on People with Special Needs, Part C, Section 55 of General Provisions on Discrimination which states that “A person shall not deprive another person of access to any place, vehicle or facility that members of the public are entitled to enter, or use based on the disability of that person.” The closure followed a social media report…

S.Mobile Group has been recognised by MTN Business as the distinguished recipient of the MTN Enterprise Business Foundation 2024 award. The award is in recognition of S.Mobile Group’s strategic initiatives that aligned with MTN’s Ambition 2025, which aims to empower and recognise the growth and success of small and medium-sized enterprises (SMEs) across Southeast Nigeria. S.Mobile Group provides tech infrastructure, connectivity, and training to businesses in the region to enhance digital and financial literacy through MoMo PSB and equip entrepreneurs with the skills they need to navigate the digital marketplace. These are in line with MTN’s strategic intent of ‘leading…

Nigeria has called for a coordinated and multilateral approach by the West African region to protect shared telecommunications infrastructure and diversify connectivity to ensure uninterruptible connections. This call is coming on the heels of a recent undersea cable cuts that challenged connectivity in many countries in the West African region. Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, made the call in a statement delivered at the 21st West Africa Telecommunications Regulators Assembly (WATRA) Annual General Meeting (AGM) which was held in Freetown, Sierra Leone, from the 19th to 22nd March 2024. Maida, whose message was…

Access Bank has disclosed that it will acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. Access Bank had in 2019 acquired another Kenyan bank, Transnational Bank Limited. Sunday Ekwochi, Access Holdings’ Secretary, announced in a statement filed on the Nigerian Exchange Limited on Wednesday that the deal’s finalisation is contingent upon receiving regulatory approvals from the Central Banks of Kenya and Nigeria. The statement read, “Access Holdings Plc (“Access Holdings”) today announces that its flagship subsidiary, Access Bank Plc (“Access Bank” or “the Bank”) has entered into…

The 2024 edition of the Women for Digital Conference will be held on March 30th, 2024, at the Civic Centre, Victoria Island, Lagos, Nigeria. With a commitment to celebrating, inspiring, and educating women across Africa, the hybrid conference aims to empower women to excel and thrive in the dynamic digital economy. This year’s event, themed “Inspiring Women’s Inclusion in The Digital Economy,” will feature distinguished speakers, panel sessions, and interactive activities aimed at fostering inclusion and driving positive change in the industry. Expected as the Special Guest of Honour at the event is Michel Deelen, the Consul General of the…

MainOne, a provider of internet services to many parts of western and southern Africa, said it observed stability on its network across the region on Monday morning, according to a statement posted on its X handle on Monday. “MainOne worked with regional partners late last week and over the weekend to reroute traffic with restoration capacity and our observations are that we have stability on our network across the region this morning,” it said in the X handle statement. The company said these developments represent a significant milestone to ensure continued connectivity for the West African business community. “We are…

The Nigerian Communications Commission (NCC) on Monday announced that services have now been restored to approximately 90% of telecom service providers’ peak utilization capacities. The announcement followed the disruption of services on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal. However, the NCC said in a statement signed by Mr. Reuben Muoka, Director, Public Affairs of the NCC, that all operators who were impacted by the cuts have taken recovery capacity from submarine cables that were not impacted by the cuts and have thus…

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, has announced that it has raised $100 million in a Series B funding round, valuing the company at $750M. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023, with BofA Securities acting as financial adviser to Moove. The round will enable Moove to expand its customer-focused revenue-based vehicle financing offering to 16 markets around the world by the end of 2025. A considerable portion of this expansion will focus on electric vehicles (EVs), which will lay the groundwork for a…