MyCountry MyWorld is set to launch MY!, a social media platform for Africans by Africans providing possibilities in world exploration by giving users the opportunity to bring their country and world to each other. MY!, will be launched in May 2021. “Having developed the app over a period of two years, with a series of tests; we are now confident that the app is ready to be released to the world,” Samuel Zean Jr, Co-founder, MY! With over 4 billion internet users across the world and growing by 332 million in the past 12 months and more than 900,000 new…
Author: DigitalTimesNG
As the Federal Government kicks off the second phase of the country’s Digital Switch Over (DSO) journey, there are fears within the broadcasting industry that its completion, expected to take three years, is under threat from corruption and ill-conception. Industry insiders point to the lack of transparency and apparent corruption that attended government spending on the first phase of the DSO, leading to Nigeria’s failure to meet two earlier deadlines to switch from analogue to digital broadcasting. A Jos-based broadcast engineer, who does not want his name in print for fear of reprisal, explained that a major hindrance to progress…
By Mrs. X Nigeria has fared fairly well with the COVID-19 pandemic, especially when compared with its counterparts in other parts of the world and against the backdrop of some worrisome predictions which pegged the country’s shabby public health care system as a potential source of concern. India, for instance, is battling a terrible resurgence of the pandemic while the UK and others are only just lifting some severe restrictions. To date, Nigeria has recorded a little over 2,000 deaths, which for a country of an estimated 180 million people, represents a very good figure. For many, divine providence is…
Ivorian company partners with DHL and Visa and builds SaaS Platform for omnichannel global selling for African micro retailers
Enugu State Government, on Tuesday, raised alarm over recent efforts by some persons to sabotage the ongoing construction of a Digital Industrial Park (DIP) in the state. In a statement signed by the Commissioner for Science and Technology, Obi Kama, the state government warned the perpetrators to stay off the project. Kama said that the DIP is under construction by the Nigerian Communications Commission (NCC) at the green triangle of the popular Murtala Mohammed Park in Enugu North Local Government Area of the state. He stressed that the persons involved in the sabotage of the project were disrupting the ongoing…
Temi Adebayo, a Nigerian Born Photographer and a member of the Royal Times of Nigeria editorial team, has won the prestigious International Photography Award of the British Journal of Photography (BJP) Award 2020. Temi’s photograph captioned Hu:Man was selected as part of the award-winning photographs of the year 2020 which will be exhibited at the Seen Fifteen Gallery in London, UK, from 30th April to 22nd May 2021. The British Journal of photography (BJP), also known as 1854 is a digital media company that sits at the intersection of photography and journalism. BJP publishes one of the world’s oldest and…
Wema Bank Plc has recorded total assets of N1 trillion for the financial year ended December 2020. In the meantime, the bank has proposed a dividend payment of 4 kobo per share, making it the third consecutive year of paying dividend. Tunde Mabawonku, Chief Finance Officer of the bank, who gave updates on the results, said the bank weathered the disruptions of the 2020 financial year through a sharp focus on safe lending, keeping non-performing loans low and driving transaction income. He explained that the bank remains resilient and has continued to grow its business in an efficient manner as…
Guaranty Trust Bank Plc has grown its total deposit for the first quarter ended March 31, 2021 (Q1’21) to N3.717 trillion, representing a 3.0 per cent increase compared to N3.611 trillion recorded in Q1’20. The financial report of the bank for the period released in the Nigerian Exchange Limited, however, showed that the bank’s profit before tax dropped by 7.8 per cent to N53.7 billion from N58.2 billion recorded in the corresponding period in Q1’20. The bank’s Capital Adequacy Ratio (CAR) remained very strong, closing at 26.1 per cent, while asset quality was sustained as the Non-Performing Loan (NPL) ratio…
The value of electronic payment transactions in Nigeria rose year-on-year (YoY) by 325 per cent to N704.04 trillion in 2020 from N165.8 trillion in 2019. This is just as the volume of e-payment transactions rose YoY by 142 per cent to 7.16 billion in 2020 from 2.96 billion in 2019. The development appears to have been spurred by the COVID-19 environment which compelled less physical interaction in business and other relationships in 2020. Data from the National Bureau of Statistics (NBS) titled, ‘‘Selected Banking Sector Report’’, further showed that the value of Non-Performing Loans (NPLs) ticked up by 16 per…
Smile Nigeria has again introduced three innovative products that are bound to delight customers as a way of living up to its fame as a game-changer. The latest products developed are the trio of 15GB, 35GB, and 70GB, all of which have 365 days of validity. The 15GB comes at an attractive price of N9,000; 35GB is on sale for N19,000, while 70GB is only N32,000. Smile Nigeria announced through a statement that the uniqueness of these latest data plan additions to the 365 product range by Smile is in its long-lasting (full-year) validity period. The validity period for most…