FirstBank Nigeria has described as spurious, allegations bordering on forgery brought against its managing director and three others as was reported by some online publications. The Bank said in a statement on Thursday evening that “the basis of the charge is a spurious allegation made by a delinquent debtor to embarrass the Bank and taint its loan recovery efforts and legal enforcement of its security collateral interest in accordance with the terms thereof.” The Bank assured its numerous customers, stakeholders, and the general public that “FirstBank operates by the highest standards of ethical conduct and will under no circumstances involve…
Author: DigitalTimesNG
Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has declared that the survival of the 21st century Micro, Small and Medium Enterprises, (MSME) depends largely on the adoption and adaptation of digital technologies. The Agency is, therefore, calling on entrepreneurs to embrace digital technologies to increase the productivity and profitability of their businesses. Inuwa expressed this view as a keynote speaker at the 10th edition of Abuja Enterprise Agency’s Business 360 Clinics with the theme, “Technology Utilisation and Innovation: Its Effect on SME Profitability and Productivity. The NITDA DG who was represented at the event by…
The National Information Technology Development Agency (NITDA) has thrown its weight behind the Avocats Sans Frontiers (ASF) France, on its move towards enhancing digital rights in Nigeria. Formally known as the e-RIGHTS, the project also enjoys the support of the European Union which also tallies with one of the pillars of the National Digital Economy Policy and Strategy (NDEPS), aimed at achieving a safer cyberspace. Director General of NITDA, Kashifu Inuwa, while welcoming the delegation led by Ivan Paneff in his office, affirmed that regulations need to evolve just as technology is evolving in order to establish an enabling environment…
ICS Financial Systems Ltd, (ICSFS), the global software and services provider for banks and financial institutions, was awarded the Information Security Management System (ISMS) ISO/IEC 27001 Standard Certification for the Data Centre, IT Department, and ICS BANKS Banking Software Solution Services in February of 2023, recognizing the company’s adherence to the highest standards of information security. ISO/IEC 27001 is the world’s best known Internationally respected independent information security management standard, focused on providing highly effective and integrated frameworks for the standardization of information security protocols and setting systematic, rigorous, and improved information security policies. Digital Times Nigeria understands that the…
The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has warned that those looking to acquire pirated software and resources risk becoming victims of cybercriminal gangs that are using AI-generated YouTube videos to distribute malware. The NCC-CSIRT further warned in its advisory that falling victim could be significant for individuals and organizations, resulting in critical damage like data theft, financial loss, identity theft, system damage, and reputation damage. The advisory additionally warned that unsuspecting victims who watch these AI-generated tutorial videos will be duped into clicking on one of the links in the video description, which usually results in…
Previously, security and privacy in product development were considered troublesome but essential – just things to check off to avoid penalties or bad press. They were seen as expenses, not value creators. But now, with frequent data breaches and the importance of user trust, that mindset has changed. Companies that make their products secure and privacy-focused are going above and beyond mere compliance; they’re gaining a real edge, attracting customers, and ensuring customer retention. Positioning security and privacy as key advantages needs a special kind of product leader. It requires an individual capable of linking legal requirements with product strategy,…
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-Customers can pre-order the Reno8 T smartphones for as low as 30,000 Naira, till 25th March 2023.
By Peter OLUKA The prestigious examination body in Africa, the West African Examinations Council (WAEC), is on the verge of an epoch-making event. With over 40 million tested candidates in the last 71 years of its operations, WAEC in partnership with Sidmach Technologies, an ICT firm that develops and deploys software solutions at scale to solve high-impact business challenges, will this week launch a revolutionary education data platform codenamed EduStat. Why EduStat? As WAEC prepares to launch its revolutionary education statistics platform think about this scenario: Olabisi Adebanjo (fictional name) is a final-year student at XYZ University. She plans to…
AWS layoffs follow a period of slowing growth and decreasing market share for the cloud division
Education data is often used to measure the success of a State, Region, Institutions, or Individuals and benchmark them against others to improve your own work, products, or processes.