……As Farmcrowdy Fully Leaves The Crowdfunding Space EMFATO Holdings (owners of Farmcrowdy and investors in Plentywaka) have announced the exit of one of its portfolio companies – Crowdyvest, following up on new investments into the startup to grow as a digital savings company in Nigeria. Crowdyvest, an impact-driven fintech platform, which was launched just over a year ago, has over 10,000 members who have used opportunities on its platform to sponsor projects in Agriculture, Real Estate, Transportation, Health and Education sectors. Previously led by its Co-founder & CEO, Onyeka Akumah but today, along with the new investment, there is a…
Author: DigitalTimesNG
ITREALMS Media, organizers of the annual Nigeria DigitalSENSE Forum series, has unveiled the date for this year’s edition. Editor-in-Chief/Lead Consulting Strategist at ITREALMS Media, Mr. Remmy Nweke, who disclosed this at the weekend, said the management has approved Thursday, June 10, 2021, as the date for the yearly NDSF which borders on Internet Governance for Development (IG4D) and Nigeria IPv6 Roundtable respectively. He also revealed that the main theme for 2021 is ‘Digital Cooperation: Enhancing Multistakeholder Governance for Digital Economy.’ According to Nweke, nowadays, a paradigm shift has shown that the digital era brought inconceivable benefits alongside many challenges not…
The Presidency has directed the Federal Inland Revenue Service, FIRS, to remit the statutory deductions accruable to the National Agency for Science and Engineering Infrastructure, NASENI. The directive is part of the steps to boost Science and Technology development in the country. The agency may soon get one to two per cent of the Federation Account as contained in its establishment law. The directive followed the upholding of the decision of the Governing Board of NASENI, which is headed by President Muhammadu Buhari. DigitalTimesNG understands that the directive has also been communicated to the Minister of Finance, Budget and National…
By Dominic OMUEDI Heartwarming, it was for me, to read reports of the press conference addressed on Tuesday by Alhaji Lai Mohammed, Minister of Information and Culture, on the country’s Digital Switchover (DSO) process, which seemed to have been interred under the rubble of poor conception, mismanagement and corruption. The cheer brought by the government’s announced intention to reboot the process, positive as appears, has shown nothing beyond the fact that the DSO process is not completely forgotten. No more. No less. At the press conference, Mohammed unveiled a 13-member Ministerial Task Force to take charge of the DSO process…
Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, has once clarified that there is no known scientific evidence to date suggesting that 5G poses any risks to public health and safety and therefore, allayed the fears of Nigerians on the deployment of the technology in the country. Pantami made the clarifications when he, in the company of the heads of agencies under his ministry, appeared at an investigative public hearing by the Senate Joint Committee on Communications; Science and Technology; Information and Communications Technology (ICT) and Cyber Crimes; and Primary Health Care and Communicable Diseases, at the…
Millions of Manchester United fans in Africa will gain access to MUTV under an agreement with StarTimes, one of the continent’s leading digital TV operators. StarTimes will distribute MUTV to subscribers in over 30 countries across sub-Saharan Africa, representing the biggest agreement of its kind by Manchester United in the region. Viewers in countries including Nigeria, South Africa, Kenya and Ghana will receive exclusive Manchester United content 24 hours-a-day via StarTimes platforms. MUTV is the world’s leading football club TV channel, featuring first team and Academy games, live manager’s press conferences, player interviews, award-winning documentaries and news. StarTimes has 13…
Digital platforms in Africa should scale up to take advantage of the continent’s surging demand for creative content, said Africa Investment Forum Senior Director Chinelo Anohu, who added that the African Development Bank flagship entity is providing advisory services and investment support to creative players. Anohu was speaking at a virtual “fireside chat” on Tuesday with Afreximbank President, Benedict Oramah and Dean Garfield, Netflix’s Vice President of Public Policy. The Africa Soft Power Project organized the event, titled ‘The New Face of African Collaboration’. Omar Ben Yedder, Group Publisher & MD of IC Publications, moderated. The dialogue was held against…
The Nigerian Communications Commission (NCC) has thrown its weight behind eBusiness Life Communication Limited in the campaign to sensitize young girls on the imperatives of pursuing ICT-related careers. In this vein, the NCC will partner with the media organisation in its upcoming event, eBusinesslife International Girls in ICT Day Celebration, scheduled for April 22, 2021, at the Oriental Hotel in Lagos. The organisers said in a statement that the NCC noted its willingness to partner with eBusinesslife to ensure that the gender disparity in ICT-related careers is addressed to motivate young girls to contribute their quota in the industry. DigitalTimesNG…
A new book on Nigeria’ telecommunications industry’s legal and regulatory ecosystem has been endorsed by eminent Nigerians including the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta. The book, “Nigerian Telecommunications Law and Regulation”, which is co-authored by Quasim Odunmbaku, a telecoms regulatory professional at the NCC and Rotimi Akapo, a lawyer, who specialises in Telecommunications, Media and Technology (TMT) practice, is written in 18 chapters and over 600 pages. At the virtual public presentation of the book on Thursday, February 25, 2021, Danbatta, who was the Chairman and Lead Presenter at the event, said…
Titan Trust Bank Limited in collaboration with the International Finance Corporation (IFC), last week, launched an online platform to empower business owners with the knowledge to manage and grow their businesses amid the COVID-19 pandemic. The move is part of the bank’s initiative to continuously support entrepreneurs in the country by providing financial and advisory services for the growth of their businesses. The bank said in a statement that the programme tagged, “Doing Business Online”, is aimed at helping business owners cope with the operational stress of the current pandemic and also serves as an enabler for them to create…