Author: DigitalTimesNG

As part of the activities marking the United Nations’ World Creativity and Innovation Day 2021, the National Information Technology Development Agency (NITDA) is organizing an Innovation Challenge with the theme “Inspiring Creativity and Innovation in the Nigerian Digital Economy” to harness innovative and impactful solutions for the development of a vibrant digital economy. The World Creativity and Innovation Day is a global UN day celebrated to raise awareness around the importance of creativity and innovation in problem-solving with respect to advancing the UN Sustainable Development Goals (SDGs) also known as the “global goals”. The Agency is, therefore, calling on all…

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The Federal Airports Authority of Nigeria (FAAN) wishes to advise passengers and airport users, particularly those at the Nnamdi Azikiwe International Airport, Abuja to get to the airport early so as to complete their check-in procedures in good time and avoid the unpleasant experiences associated with missing their flights. FAAN said Friday morning in a statement signed by Mrs Henrietta Yakubu, General Manager, Corporate Affairs that this advice has become necessary, as passengers are likely to go through a little delay at the entrance to the terminals, due to built-up vehicular traffic occasioned by an increase in passenger traffic being…

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Even as South Africa is home to the largest concentration of data centres on the African continent, Nigeria has been described as a key African market, with the appeal of West Africa growing, and new developments planned for both Senegal and Nigeria. Stephane Duproz, CEO of Africa Data Centres said of the West African region, “This region is hungry for digitisation and to pave the way for our hyperscale customers to deploy digitisation solutions to West Africa, Africa Data Centres’ construction of a 10-megawatt data centre in Lagos is well underway.” The Lagos build marks a significant step forward in…

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Following the temporary suspension of sales of MTN products through its banking channel partners on April 2, 2021, services were restored on Sunday, April 4, 2021, with customers able to access all services. This followed the agreement that MTN would revert to its previous cost of sales structures with banking partners until a new long-term agreement can be reached on a sustainable pricing structure going forward. MTN said that following the intervention of the Minister of Communications and Digital Economy, the Nigeria Communications Commission and the Central Bank of Nigeria, since April 6, 2021, it has been participating in a…

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Smile Telecoms Holding on March 30th 2021 announced that its Restructuring Plan had been approved by the English courts and agreed amongst its Lenders. Thus is a new restructuring tool recently made available in the UK which helps facilitate the injection of new money by way of a debt restructuring. A close source to the transaction affirmed that Smile is the first non-European company to achieve such feat. According to the very reliable source, the restructuring plan that also regulates how the new funds will be injected should have closed on March 19th. This did not happen on that date…

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