Shoprite Holdings has sold its Nigerian business to a local buyer, Ketron Investment, it said on Wednesday, nearly 16 years after the South African retailer opened its first outlet in the country. Shoprite entered into a share purchase agreement with Ketron, a Nigerian company owned by a group of institutional investors led by property group Persianas, for the disposal of its entire interest in Retail Supermarkets Nigeria Limited, Shoprite and Ketron said in separate statements. The price of the sale was not disclosed. The South Africa’s biggest grocer has been reviewing its long-term options across Africa to focus more on…
Author: DigitalTimesNG
Microblogging platform, Twitter, has in a surprise move that ostensibly has gladdened the hearts of Nigerians, pulled down President Muhammadu Buhari’s tweet which says he will deal with those causing trouble ‘in the language they will understand.” Recall that the tweet generated mixed reactions with some Nigerians expressing shock at the President’s choice of words on his official Twitter handle. President Buhari had, in the post that brought so much condemnation on the Presidency, said that many people misbehaving today did not experience the civil war. “Many of those misbehaving today are too young to be aware of the destruction…
Vintage Confluence LLC, a leading global Bitcoin trading company, has assured its existing and prospective clients of lightning-speed transactions that would ease their burdens and eradicate the delays that pose a threat to their bitcoin business transactions. Precious Aire, the company’s Chief Executive Officer, gave the assurance while delivering his speech at the 2021 edition of the NITRA Technology Forum, organized by the Nigeria Information Technology Reporters’ Association (NITRA). Aire, who was represented by the company’s media consultant, Patrick Aigbokhan, also emphasized the need for enhanced technology innovations that will boost initiatives in the ICT industry. “Vintage Confluence as a…
Director-General of the National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdullahi, has urged Afrione, a smart device manufacturing and assembling company, to crash its device prices for more affordability. He made the demand during a visit to Afrione corporate head office on Thursday in Lagos state. Abdullahi said that the reduction of the price of the smart devices is possible, citing the example of SIM cards which were expensive at the beginning but now are almost free. Similarly, the mainframe and early computers were of high prices but today are affordable. “As regulators, we stimulate demand for digital…
Prof. Umar Garba Danbatta, the Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), has shared his experiences on some of the regulatory models, approaches and best practices being implemented by the Commission in promoting a stable telecoms sector and accelerating digital inclusion in Nigeria. Danbatta shared these experiences while playing host to a delegation from Autoridade Reguladora Nacional (ARN), the Telecom National Regulatory Authority of Guinea-Bissau who was on a week-long benchmarking visit to the Commission in Abuja last Wednesday. DigitalTimesNG learnt that the delegation was in the Commission to gain insights into NCC’s regulatory template as part of…
Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, has expressed delight with reports that the Information and Communications Technology (ICT) sector retained its role as the sector with the highest growth rate of all the main sectors of the Nigerian economy in the first quarter of 2021 (Q1 2021). The Q1 2021 Report on Nigeria’s Gross Domestic Product (GDP) was released on the 23rd of May 2021, by the National Bureau of Statistics (NBS). “Nigeria’s Gross Domestic Product (GDP) grew by 0.51%(year-on-year) in real terms in the first quarter of 2021, marking two consecutive quarters of growth…
By David Adokuru With real-time analysis, historical data analysis, and event-based systems defining the backbone of digital applications in the contemporary world, temporal data structures are now indispensable to ensure efficiency, scalability, and precision. From time-series databases powering financial markets to log-based event streaming in cybersecurity, domain-specific data structures enable effortless management of time-dependent computation. System design for high-performance in this area requires familiarity with how information evolves over time, how it is best stored, and recovered cheaply. Static data sets have nothing similar to temporal data, which remains constantly changing, requiring at times the recording of past states so…
The Director-General, National Information Technology Development Agency, (NITDA), Mallam Kashifu Inuwa Abdullahi, has admonished secondary school students to always display high levels of responsibility whenever they are online in order to be protected from cyber risks. Represented by NITDA’s Head, Digital Technology, Adoption, Digital Literacy and Skill Unit, Dr Ayodele Bakare, Abdullahi gave this advice in Abuja at this year’s inter-school debate organised by the Junior Chamber International, (JCI), and supported by the Agency. The topic for the debate was ‘Should Social Media Be Encouraged Among Secondary School Students?’ Mallam Abdullahi stated that, as secondary school students, using the internet…
The Nigerian Communications Commission (NCC) has reaffirmed its commitment to promoting and empowering young women and girls in the use of Information and Communication Technology (ICT) in the country. The Commission expressed this commitment during separate sensitization campaigns held at Government Girls’ Science School (GSS), Kuje and Nobel Hall Leadership Academy, Abuja on Tuesday, May 25, 2021, as it joined the rest of the world in marking the 10th anniversary of Girls in ICT Day 2021. Girls in ICT Day is an annual event is an initiative of the International Telecommunication Union (ITU), designed to raise global awareness on empowering…
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