The National Broadcasting Commission (NBC) has fined Channels TV and Inspiration FM Lagos N5 million each for infractions of the Nigeria Broadcasting Code. Acting Director-General of the NBC, Professor Armstrong Idachaba, made this known in a statement made available to the media, on Thursday in Abuja Idachaba recalled that NBC on Monday, April 26, served Channels TV a letter indicating the station’s culpability and liability for infractions of the Code in respect to its broadcast of “Politics Today” of Sunday, April 25. He noted that the station violated Sections 3.11.1(b) and 5.4.3 of the Nigeria Broadcasting Code. In the same…
Author: DigitalTimesNG
President Muhammadu Buhari Thursday launched the National Policy for the Promotion of Indigenous Content in Nigerian Telecoms Sector and Revised National Identity Policy for SIM cards registration. While speaking during the ceremony at the presidential villa, Abuja, Buhari called on Nigerians to fully participate in the ongoing synchronisation of the National Identification Number (NIN) with SIM cards across the country as this will provide a digital framework for improving security and strengthening of the nation’s economy. Proper identification of all Nigerians and legal residents in the country as well as the ability to conveniently access a database will provide the…
Mercy Corps’ ‘Building Resilience in Complex Crisis (BRICC)’ programme funded by the European Union, has signed a new partnership with Y’ello Digital Financial Services (owners of the MoMo Agent Network), a subsidiary of MTN Nigeria, to efficiently deliver automated cash transfers and provide an avenue for programme participants with or without bank accounts to receive funds. MTN said in a statement that this partnership will kick-start the use of MoMo Agent in the distribution of conditional and unconditional cash transfers to 14,270 households in Damaturu and Potiskum LGAs in Yobe state. The European Union is funding Mercy Corps to implement…
MassChallenge, a global network of zero-equity startup accelerators, and the National Information Technology Development Agency (NITDA) last week announced a partnership to catalyze and support a national startup community in Nigeria. MassChallenge and NITDA have closely aligned goals to stimulate economic vitality and job creation in Nigeria by catalyzing entrepreneurial activity and supporting entrepreneurs to develop and execute game-changing ideas, digital technologies, and discoveries. “MassChallenge is proud to partner with NITDA to foster cross-sector innovation and cooperation across all industries in Nigeria,” said Siobhan Dullea, CEO of MassChallenge. “Bridge to MassChallenge Nigeria will help grow the highest-impact, highest-potential startups across Nigeria while connecting…
Trustbank is the first bank in Uzbekistan to launch Islamic Banking services
Airtel Nigeria has announced the appointment of Mr. C. Surendran as the new Managing Director/Chief Executive Officer with effect from August 1, 2021. Surendran would be replacing the outgoing Managing Director and Chief Executive of Airtel Nigeria, Olusegun Ogunsanya, recently appointed to the position of Chief Executive Officer of Airtel Africa Plc with effect from October 1, 2021. The News Agency of Nigeria reports that this announcement is contained in a statement issued by Airtel Nigeria on Wednesday, May 5, 2021, in Lagos. The statement noted that Surendran would also be appointed to the Executive Committee (ExCo) as Regional Operating…
Africa’s cutting-edge technology and lifestyle hub, the Tech Experience Centre, is set to come alive this weekend as eight leading Nigerian banks do battle to crown the winners of a FIFA 21 Gaming competition. Tagged ‘Bank Wars’, the keenly-anticipated competition is set to commence on Saturday, May 8, 2021, at the centre located at Yudala Heights, 13A Idowu Martins Street, Victoria Island, Lagos. The event is sponsored by the foremost Original Equipment Manufacturer, Samsung. Among the banks set to do battle at the Tech Experience Centre are Access Bank, First City Monument Bank (FCMB), Standard Chartered Bank and Zenith Bank.…
Ayoba, the African messaging app, has announced the launch of a new version of its Android app (0.38) which offers users access to voice and video calling. This comes as the app celebrates its second birthday on the 4th of May 2021 with a user base of 5.5 million monthly users and an award for Best Mobile application late last year. The updated app is already live and in use and is quickly proving popular, with thousands of calls going out across the world every day. “Users have been asking us to support VoIP (Voice over Internet Protocol) calls pretty…
Dr Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, Tuesday announced the appointment of four Deputy Directors-General. The former Nigerian Finance minister disclosed this in a statement titled: DG Okonjo-Iweala announces her four Deputy Directors-General obtained by newsmen. The names of the appointed Deputies include Angela Ellard of the United States, Anabel González of Costa Rica, Ambassador Jean-Marie Paugam of France and Ambassador Xiangchen Zhang of China. According to her: “I am very pleased to announce the appointment of four new Deputy Directors-General at the WTO. It is the first time in the history of our Organisation that half of…
Investigations by BudgIT, a public finance transparency advocacy firm have shown that the 2021 national budget contains over 316 duplicated capital projects worth N39.5 billion. According to a report in the Vanguard, the report analysis showed that the duplication of projects is just one among other loopholes for corruption in the budget, adding that there were no audit records of N10.02 trillion received by the security sector between 2015 and 2021. “Our investigations into the 2021 budget revealed at least 316 duplicated capital projects worth N39.5 billion, with 115 of those duplicate projects occurring in the Ministry of Health. This…