Author: DigitalTimesNG

News Highlights: QNET says Mother’s Day should go beyond celebration, urging a stronger focus on mothers’ physical, emotional, and mental wellbeing amid rising stress and caregiving pressures. The company highlighted Nigeria’s wellness and sanitation challenges while promoting healthier lifestyles and wellness-supporting products to improve family health. As the world marks Mother’s Day, QNET, a global lifestyle and wellness-focused direct selling company, is shining a spotlight on mothers as the often-unseen pillars of family wellness, emotional stability, and community strength. Beyond nurturing homes and supporting loved ones, many mothers today are also balancing demanding careers, business responsibilities, and the pressures of…

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News Highlights: Fidelity Bank Plc recorded a 45% rise in gross earnings to N1.5 trillion in 2025, driven by strong interest income, digital banking growth, and improved asset quality. The bank’s shareholders’ funds surpassed N1 trillion after a fresh capital injection and private placement, strengthening its capacity for larger transactions and regional expansion. Fidelity Bank Plc has reported a 45 per cent increase in gross earnings for the 2025 financial year, as the lender’s shareholders’ funds crossed the N1 trillion mark following sustained balance sheet expansion and fresh capital injection. Analysis from the audited financial statements for the year ended…

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News Highlights: AMMBAN says agency banking remains Nigeria’s most effective last-mile solution for deepening financial inclusion. The association warned that challenges such as network failures, liquidity shortages, fraud risks, and poor agent profitability threaten progress. The National President of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), Dr. Obioha Oti, has described agency banking as Nigeria’s most critical last-mile channel for achieving meaningful financial inclusion, stressing that millions of Nigerians, particularly in rural and underserved communities, remain financially excluded despite notable progress in the sector. Speaking at the third edition of the Payments Forum Nigeria (PAFON 3.0),…

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News Highlights: Polaris Bank received the Private Sector Champion Award at the 2026 Jobberman Partners’ Convening for its outstanding contributions to youth employment and workforce development in Nigeria. The bank was recognised for impactful initiatives such as its PGIT and TechIGNITE programmes, which continue to empower young Nigerians through recruitment, talent development, and career growth opportunities. At a time when youth unemployment remains one of Nigeria’s most pressing socio-economic challenges, Polaris Bank has earned national recognition for its sustained investment in empowering the country’s next generation of professionals and job creators. The leading digital retail and commercial bank was honoured…

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News Highlights: Fidelity Bank Plc, through its Fidelity Helping Hands Programme, funded critical support for JKS Special Needs Academy, securing shelter and care for vulnerable children for an additional year. The intervention, driven by the bank’s newly recruited employees under Team Valorem, highlights Fidelity Bank’s commitment to social responsibility, youth empowerment, etc. Leading financial institution, Fidelity Bank Plc, through the Fidelity Helping Hands Programme (FHHP), has funded critical support for the JKS Special Needs Academy in Abuja to ensure continued shelter and care for vulnerable children. The intervention was facilitated by a group of the bank’s newly recruited employees known…

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Union Bank of Nigeria has been named winner of the Best SME Growth Banking Initiatives Award (2025) at the Nigeria National SME Business Awards, organised by the Association of Small Business Owners of Nigeria (ASBON) in partnership with the Lagos State Government through the Ministry of Commerce, Cooperatives, Trade and Investment. The recognition arrives at a moment when the relationship between Nigerian banks and Nigerian small businesses is being quietly redefined. Awards in this space have historically rewarded scale and product breadth. The ASBON criteria, by contrast, ask a more practical question: which banks are actually making it easier for…

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News Highlights: Polaris Bank partnered with NACCIMA to launch the NACCIMA Export Support Call Centre aimed at supporting Nigerian non-oil exporters with expert guidance. The Bank equipped the centre with critical infrastructure and reinforced its commitment to Nigeria’s export sector through export financing. Polaris Bank, Nigeria’s leading digital retail and commercial bank, has facilitated the launch of the NACCIMA Export Support Call Centre, a vital initiative designed to provide comprehensive support to Nigerian exporters, especially those operating in the non-oil sector, and enhance their ability to access global markets. This partnership marks a significant step in the Bank’s commitment to…

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By Elvis Eromosele Nigeria’s push to strengthen digital trust has taken a new turn as the House of Representatives urges the Nigerian Communications Commission (NCC) to extend the SIM reassignment window to 18 months. At first glance, the proposal appears straightforward: give more time before inactive numbers are recycled to reduce fraud, identity theft, and wrongful criminal exposure. But beneath the surface lies a more complex issue. This issue goes beyond timelines and cuts to the heart of how Nigeria’s telecom ecosystem is structured, funded, and regulated. A critical but often overlooked factor in this debate is the commercial model…

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News Highlights: Amezcua marks its 20th anniversary with the rollout of the GX-1 Bio-Reset System, kicking off its 2026 expansion into the Middle East, Central Asia, and Sub-Saharan Africa. The launch taps into booming consumer interest in preventive, lifestyle-focused wellbeing—especially in markets like Nigeria, where the sector is rapidly growing. Amezcua, an international wellness technology brand, is marking its 20-year milestone with the global rollout of the GX-1 Bio-Reset System, a non-powered grounding mat designed to be used as part of everyday wellness routines. The rollout signals the first phase of Amezcua’s 2026 expansion across the Middle East, Central Asia…

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News Highlights: NITDA emphasises policy, not just infrastructure, as the primary driver of Nigeria’s digital transformation, urging stronger collaboration across government, private sector, and civil society. Officials highlight the need for local data hosting and investment in indigenous cloud infrastructure, warning that over 90% of Nigeria’s data is stored abroad, threatening national sovereignty. Nigeria’s push to become a leading digital hub in Africa will depend less on infrastructure alone and more on the strength of its policy environment, the National Information Technology Development Agency (NITDA) has said. Speaking at the IoT West Africa Conference, Director General of NITDA, Kashifu Inuwa,…

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