Ghana’s National Communications Authority (NCA) has granted conditional approval for Vodafone International Holdings to sell its 70% stake in Vodafone Ghana to Telecel Group. In a statement, the regulator explained it had approved the sale after Telecel submitted a revised financial and technical proposal in December, which demonstrated the capital investment required ‘to extend the deployment of 4G and launch innovative fintech solutions’. Having rejected an initial sale plan submitted by Vodafone Ghana in January 2022, due to concerns Telecel lacked the required technical and financial resources, the NCA stated Telecel had since improved its ‘overall governance and management team’…
Author: DigitalTimesNG
The Federal Government of Nigeria, through the National Information Technology Development Agency (NITDA), distributed smart agriculture materials to beneficiaries of the National Adopted Village for Smart Agriculture (NAVSA) 5-Day Empowerment Programme which took place at Al-Qalam University, Katsina, Katsina State. NAVSA Programme is designed to accelerate massive job creation, economic diversification and growth, facilitate the integration of digital technologies and innovations in the agriculture processes and practices in order to significantly increase productivity, improve food security, ensure an eco-friendly agricultural practice, attract potential talents and youths into agriculture professions to maximise outcomes. In this edition, the Federal Government has improved…
FTX, a Crypto exchange firm has recovered more than $5 billion but the extent of customer losses in its collapse is still unknown. This disclosure was made by an attorney for the bankrupt company founded by Sam Bankman-Fried on Wednesday, according to a report by Reuters. The company, which was valued a year ago at $32 billion, filed for bankruptcy in November and U.S. prosecutors accused Bankman-Fried of orchestrating an “epic” fraud that may have cost investors, customers and lenders billions of dollars. “We have located over $5 billion of cash, liquid cryptocurrency and liquid investment securities,” Andy Dietderich, an…
Blockchain firm, Venom Foundation and Abu Dhabi-based investment manager, Iceberg Capital Ltd on Wednesday launched a $1 billion crypto venture fund and said it was leading a $20 million funding round in virtual world platform, Nümi Metaverse. Reuters reports that the fund, called Venom Ventures Fund (VVF), aims to invest in early-stage startups focused on payments, asset management, banking services and gaming on Web3, a much-hyped vision of a future internet built on blockchain. The launch comes at a time when funding for crypto startups has slowed following the global risk-off mood and a series of crypto blowups that culminated…
Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in the following interview reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the anticipated macroeconomic challenges. Excerpts: What are your forecasts and anticipations for the global economy in 2023? I would like to start by noting that 2022 was indeed a turbulent year for the global economy. In 2022, the global economy witnessed record-high inflation rates with the attendant high cost of living across several…
The official Telegram Messenger app was updated for Windows devices this week with several improvements to hidden media, contact profile pictures, and lists. After installing this update, Telegram users will be able to hide list members from others, upload custom photos for contacts, and customize privacy settings for profile photos. Here are the release notes: “Hidden Media Media with spoiler effects. You can wrap photos and videos you send in a fuzzy cover by selecting media in the attachment menu and tapping (⋯) > Hide With Spoiler. Profile Pictures for Your Contacts Setting pictures for your contacts. You can choose…
For many years now, Google has allowed users to type, edit, and format their Google Docs documents. The feature is set to receive new enhancements. According to a recent Google Workspace blog post, the upcoming update “will help reduce transcription errors and minimize lost audio during transcription,” Neowin reports. However, Google didn’t further explain how this will exactly work. Google Docs voice typing will also offer “expanded availability to most major browsers.” The transcription quality updates will also be available through Google Slides’ automatic captioning feature, making it easier for viewers to understand what a speaker is saying in their…
Juniper Research is forecasting that eSIM global market will increase from $4.7 billion in 2023 to $16.3 billion by 2027, according to a report in Fierce Wireless. Apple is said to be the big instigator of all this having released the eSIM-only iPhone 14 last fall, triggering all kinds of operator support. Apple had already supported eSIM via dual SIM, but with the iPhone 14, there’s no physical SIM card slot whatsoever. eSIMs allow devices to seamlessly switch between network operators much more easily, which explains why some operators were less than enthusiastic about supporting something that makes it easier…
Kenyan operator, Safaricom’s chairman John Ngumi has resigned from the role barely six months after his appointment in July 2022. Safaricom said in a statement that Ngumi’s resignation took effect on 22 December 2022 and a new chairman will be elected in the coming weeks. Ngumi leaves the board to focus on developing green energy generation across Africa with an emphasis on green hydrogen. Company Secretary, Kathryne Maundu noted that Ngumi strongly supported the repositioning of the Fuliza product to better serve Kenyans, and was also an ardent enthusiast for Safaricom’s entry into Ethiopia. As part of the new board…
All is now set for a return to Nigerian Television Authority (NTA) stations across Nigeria, a newly packaged 30-Minute weekly television programme that will regularly x-ray the Nigerian telecommunications and information communications technology (ICT) industry and provide awareness for telecommunication consumers across the country and beyond. Packaged by the Nigerian Communications Commission (NCC), the weekly programme, aptly tagged Telecom Weekly, will debut on NTA Network Services comprising more than 45 stations across the 36 states and Abuja today, Tuesday, January 10, 2023, at 5.00 p.m. All local NTA stations are expected to hook up to the programme at 5.00 pm…