Author: Rommy Imah

MTN Group has in a bid to secure financial inclusion across its markets, continued to grow the number of MTN Mobile Money (MoMo) users on its network, a trend that has accelerated during the COVID-19 pandemic. By the end of September 2020, nearly 42 million people were regularly transacting on MTN MoMo across 16 markets, a development that compares to 38 million active users at the end of the first half of 2020, and 35 million at the end of 2019 – ten years after MTN launched MoMo. Initially designed to facilitate the transfer of cash between mobile users, MTN’s MoMo offering is…

Fifteen African early-stage tech startups, including two from Nigeria, focusing on the African space industry have been selected to progress in the next step of the prestigious Space Tech Challenge.  The two Nigerian Startups that made it to the nest stage of the Challenge are FieldDev and Agro Data. FieldDev is an agribusiness-focused geographic information system (GIS) mapping provider that manages and maps data of smallholder farmers’ and transforms them into virtual geo-clusters through geospatial analysis. Agro Data, on the other hand, optimises tropical farming through technologies. Hosted by multiple partners including the South African National Space Agency (SANSA) and ZA…

Paint Roxettes, Nigeria’s pace-setting brand in the Paints and Coating industry, today, announced the signing of ace Nollywood actor, Yul Edochie for a one-year endorsement deal as the company’s Brand Ambassador. Paint Roxettes is a member of the K.KH-ROXETTES GROUP comprising of K.Kh Contractors Ltd, Roxettes AutoElectrics, K.KH Doors & Fittings Ltd, Homirox Budget Paints, Roxettes Oil & Gas Ltd, Prodlincs B2B Consults, K.KH Properties & Homes Ltd, K.Kaycee Habitations Nig. Ltd, and Roxettes Chemical Industries Ltd. The deal signing ceremony which took place at Paint Roxettes head office, GRA Enugu, Enugu State was witnessed by the management and staff…

Ericsson has completed its acquisition of Cradlepoint, the US-based market leader in Wireless WAN Edge 4G and 5G solutions for the enterprise market. Analysts say the investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G enterprise space. Closing of the acquisition follows the announcement on September 18, 2020, of Ericsson’s intention to acquire Cradlepoint. At closing, a consideration of around USD1billion was paid using Ericsson’s cash-in-hand. Cradlepoint’s sales for 2019 were SEK 1.2b with a gross margin of 61%. Ericsson’s operating margins are expected to be negatively impacted by approximately 1% in 2021…

The Nigerian-British Chamber of Commerce (NBCC) and Education First Nigeria Limited (Edufirst.ng) are set to host the 2nd edition of the African Edu-Tech Conference. The conference is anchored by the Learning, Education and Training (LET) Group of the Chamber and Edufirst. ng. Scheduled to hold virtually on Wednesday, November 18, 2020, with the theme “Jobs, Education and Technology: The New Normal,” the conference according to the organisers, is aimed at exploring the role of technology in the education sector and showcasing the innovation and creativity from future leaders. DigitalTimesNG gathered that this year’s edition is supported by the Federal Ministry…

The Association of Telecommunications Companies of Nigeria has concluded plans to hold its Annual General Meeting & National Executive Council Election 2020 earlier postponed because of the COVID-19 Pandemic. The meeting will now hold on November 12, 2020, at Victoria Crown Plaza Hotel, 292b Ajose Adeogun Street, Victoria Island, Lagos by 2 pm as contained in a statement signed by the Executive Secretary of ATCON, Mr Ajibola Olude. Recall that the tenure of the National Executive Council 2018 – 2020 which would have ended in May 2020, was extended to forestall the leadership vacuum that would have occurred because of the inability…

Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has said that it has always been part of the tradition of the Commission to ensure that its stakeholders and partners from the Media are well equipped with the knowledge and required skill-set to do their jobs effectively and efficiently. Danbatta spoke on Tuesday at a capacity building programme themed: “Capacity Building for Telecom Reporters” organised for members of the Nigeria Information Technology Reporters Association (NITRA) at the Digital Bridge Institute, Abuja. He said the Information and Communications Technology (ICT) industry in Nigeria is indeed the most…

The Association of Licensed Telecom Operators of Nigeria (ALTON) has expressed regrets over reports of recent incidents of violence across Nigeria as a result of the #ENDSARS protests rocking the country. ALTON said in a communique signed by its management that the wanton destruction of lives and properties is disheartening and noted that as service providers and employers of labour, its immediate priority is the safety of its staff across the country. The telecom industry association said it was unfortunate that some of its member operators experienced outages on their networks on Tuesday evening, which still subsists till the moment…

…Advocates Optimal Utilisation Of Digital Resources The Association of Telecommunication Companies of Nigeria (ATCON) has said that its recently held National Dialogue on Telecoms and ICT sector was targeted at changing the narrative of Nigeria’s development through the optimal utilization of digital resources. ATCON said that to achieve this, State Governors, Ministries, Agencies and Sectors like Agriculture, Education, Oil & Gas, Health, Industry, Trade and Investment, Security and Defence, Transportation, Works and Housing were invited along with telecom and ICT companies in order to see the strategic essence of taking advantage of Digital resources to improve the effectiveness and efficiency…

Ericsson has won the Digital Transformation Award – Vendor at the Telecoms World Middle East Conference 2020 for carrying out network and digital transformations. The award honours solution providers that have successfully offered the best solutions available for digital transformation. The award recognizes Ericsson’s process-driven digital transformation capabilities, implemented to turn service providers into digital network operators fit for the future. Its game-changing technology is easy to use, adopt and scale, enabling customers to capture the full value of connectivity. Ericsson is working with many regional service providers to improve their customers’ experience and at the same time create efficiencies…