By Prof Ihechukwu Madubuike Nigeria has entered that peculiar condition which development economists call growth without development, a condition which the British economist Dudley Seers, first Director of the Institute of Development Studies at Sussex and author of the 1969 classic ”The Meaning of Development”, said should be the final test of any economic claim. Seers insisted that we must ask what is happening to poverty, to unemployment and to inequality. If these three conditions have worsened, there is no development, even if Gross Domestic Product has doubled. Nigeria today answers Seers in the negative. GDP is rising. Poverty is…
Author: DigitalTimesNG
LG Electronics is making the purchase of a new refrigerator or freezer even more rewarding for Nigerian families with the launch of its “Fill UP” promotion, an exciting consumer initiative in partnership with Golden Penny Foods Ltd that pairs selected LG refrigerators and freezers with a variety of Golden Penny food items. Starting from October 19, 2026, the campaign brings together two familiar names in Nigerian homes, combining LG’s home appliance solutions with Golden Penny’s food products to deliver extra value to consumers, particularly as families prepare for the festive season. Available at all Fouani showrooms nationwide, the campaign is…
The Anambra State Government is working to expand public access to road infrastructure information through DocTracker, a digital project and document management system developed by the state’s ICT Agency for the Ministry of Works and Infrastructure. The platform is undergoing further review ahead of its official launch, with the Anambra State ICT Agency and the Ministry of Works exploring improvements to make information on road projects more accessible to citizens. At a review meeting held at the Ministry on 12 October 2026, the Commissioner for Works, Arc. Okey Ezeobi emphasised the need to make DocTracker more public-facing, enabling residents to…
Following its recent celebration of Customer Service Week, PalmPay is reinforcing its commitment to keeping customers supported and informed by educating users on its official support channels. With millions of Nigerians relying on digital financial services for everyday transactions, knowing where to seek help has become increasingly important. PalmPay is, therefore, encouraging customers to verify support requests carefully, use only official channels, and report suspicious activity promptly. One of the common risks customers face is impersonation, where fraudsters pose as customer service representatives or financial institutions in an attempt to obtain sensitive information or persuade users to authorise transactions. These…
By Kehinde Ogundare Nigeria’s mid-market firms occupy an uncomfortable position. They are too large to rely on the informal flexibility that often keeps small enterprises afloat yet too small to command the capital, engineering talent, and pricing power that multinational competitors bring into the same market. This segment is expected to help scale local industry, yet it operates inside a macroeconomic environment that punishes scale before rewarding it. Persistent inflation, currency depreciation, and rising input and energy costs have become defining features of doing business in Nigeria. For firms with dozens rather than thousands of employees, this volatility squeezes already-thin…
The National Information Technology Development Agency (NITDA) has stepped up efforts to strengthen digital capacity among women educators, providing high-specification HP OmniBook laptops to the National Association of Women in Colleges of Education (WICE) and enrolling 1,135 of its members in digital literacy courses. The interventions are aimed at improving administrative efficiency, expanding digital skills and promoting technology-driven teaching and learning in Nigeria’s education sector. The Director General of NITDA, Kashifu Inuwa, disclosed this at the 30th Annual National Conference of WICE, themed “Dual Mandate: Global Impact; Reimagining Teacher Education for Sustainable Development”. Inuwa said the provision of the computers…
MTN Nigeria has launched MTN Loyalty Coins, a loyalty programme on the myMTN NG app that recognises and rewards customers for living a truly digital lifestyle. Delivered in partnership with Bvndle, a Loyalty-as-a-Service platform, the programme allows customers to earn coins on qualifying transactions on the app and redeem them for airtime, data, shopping and a wide range of lifestyle benefits. The initiative is built on a simple conviction that customers who choose to live and transact digitally should get more back for doing so. As more Nigerians manage their connectivity, payments and daily needs from their smartphones, MTN wants…
Shareholders of Fidelity Bank Plc have lauded the bank’s board and management for strengthening its capital base, improving asset quality and sustaining earnings growth despite a challenging operating environment. The shareholders expressed their support at the bank’s 38th Annual General Meeting, held virtually on Friday, 9 October 2026. Speaking during the meeting, Bisi Bakare, National Coordinator, Pragmatic Shareholders Association of Nigeria, drew attention to the bank’s non-performing loan ratio of 2.4 per cent and capital adequacy ratio of about 16.1 per cent as indicators of its financial resilience. “The figures demonstrate that the bank remains strong. With a non-performing loan…
Access Women Network (AWN) has partnered with Evolve Charity Trust to distribute essential school supplies to girls in 17 schools across 12 states in Nigeria, in a move aimed at promoting girls’ education, easing the financial burden on families and empowering young girls to achieve their potential. The initiative will benefit students in Lagos, Abuja, Akwa Ibom, Rivers, Kaduna, Kano, Imo, Kogi, Anambra, Delta, Osun and Edo states. The school supplies distribution programme is designed to improve access to basic learning materials, strengthen girls’ confidence in the classroom and encourage their continued participation in education, particularly among students from financially…
PalmPay is celebrating Customer Service Week 2026 by highlighting its commitment to delivering a reliable and secure banking experience for its customers. With this year’s theme, “The Extra Mile,” PalmPay is reinforcing its approach to customer service that goes beyond resolving enquiries. For PalmPay, going the extra mile means anticipating where customers may need support, strengthening the tools that protect them and making it easier to get help when something goes wrong. This approach is reflected in PalmPay Dey For You, the company’s ongoing commitment to customer protection, which brings together security awareness, proactive protection and tools designed to help…