Author: DigitalTimesNG

Visitors to the Tech Experience Centre, Africa’s cutting-edge technology and lifestyle hub on Saturday, May 8, 2021, were treated to exciting, high-scoring matches on the opening day of Bank Wars, a FIFA 21 Gaming competition featuring leading Nigerian banks. Sponsored by Samsung, a foremost Original Equipment Manufacturer (OEM), Banks Wars seeks to crown the best side among the competing banks for the FIFA 21 tourney. The first day of the event, hosted at the Tech Experience Centre, saw a number of excited spectators converge on the impressive building located at Yudala Heights, 13A Idowu Martins Street, Victoria Island, Lagos, to…

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Wema Bank’s Hackaholics 2.0, an acceleration aimed at helping startups scale and gain entrance into the market, came to an exciting end as the finalists were unveiled on Wednesday, May 5, 2021, at the Bank’s corporate head office in Marina, Lagos. Themed, “Connecting Worlds” the Acceleration Program was a two-day virtual pitch which ran from October 30 – 31, 2020, for 20 participants across five industry pillars – Fintech, Agritech, Edutech, Gaming, and Healthtech, who qualified from a pool of over 100 entries received. The Bank presented four startups comprising two people each with N2,187,500.00 startup fund. The winners emerged…

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The Econet Group through its subsidiary Cassava Fintech International and Mastercard have entered into a strategic partnership to advance digital inclusion across Africa. The two will also collaborate on a range of initiatives including the expansion of the Africa CDC TravelPass. TravelPass is a digital health pass developed by Cassava Fintech and offered in conjunction with the Africa Centres for Disease Control and Prevention (Africa CDC). It is accessible to users of Cassava Fintech’s Sasai SuperApp and is recognized as one of the leading initiatives in the fight against the cross-border spread of Covid-19 in Africa. Mastercard is partnering with…

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Vista Bank Group (Vista) has selected its paytech provider Radar Payments to drive its global payment processing activities in West Africa. Vista is a Pan-African financial services company, which aims to contribute to economic growth and financial inclusion across Africa. It has an ambitious agenda to challenge the status quo and deliver a superior experience to retail customers, large enterprises and MSMEs across West Africa. The group is expanding rapidly through a series of successive strategic acquisitions that include First International Bank (FIB) Group in Gambia, followed by BNP Paribas’ Subsidiaries, La Banque Internationale pour le Commerce et l’Industrie de…

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By Sunny Jackson EYIBIO If some public affairs commentators and their partisan associates have their way, the next head to be placed in the hangman’s noose is that of Dr Isa Ali Ibrahim Pantami, who is better known as Sheikh Pantami. As Director-General of the National Information Technology Development Agency (NITDA), Pantami remained in obscurity in his previous public office. All that will, however, change soon. Nominated and confirmed as Minister in August 2019, Pantami’s posting to the Ministry of Communications and Digital Economy is no doubt fit and proper. Not only had he acquitted himself in one of the…

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The Nigerian Communications Commission (NCC) says it is keen on balancing healthy competition with the entry of disruptive technologies to ensure sustainable telecoms industry growth and development in Nigeria, in the light of disruption in the technology world. Prof. Umar Garba Danbatta, Executive Vice Chairman (EVC) of NCC, stated this during a presentation to the Commission by a delegation from SpaceX, an American aerospace manufacturer and space transportations services company, in Abuja on Thursday. NCC said in a statement on Friday signed by Dr. Ikechukwu Adinde, Director, Public Affairs at the Commission that SpaceX is in the process of launching…

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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…

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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…

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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…

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