Director General National Information Technology Development Agency, (NITDA) Mallam Kashifu Inuwa Abdullahi has hinted that Data plays a critical role in a digital economy. Abdullahi stated this while participating in an online US-Nigeria Digital Trade standards workshop organised by the US-Trade and Development Agency (USTDA). The event which had as theme: ‘Current state of Data privacy and security in Nigeria’ was one of the activities to mark the Data privacy week which commenced on Monday 25th of January 2021. He noted that in a digital economy, data plays a huge role in everyday activities, as enormous amount of data is…
Author: DigitalTimesNG
MultiChoice Nigeria has announced the host and judges for the new season of the Nigerian Idol. The announcement was made Monday, weeks after the company announced the return of the fan-favourite reality show after a three-year break. Proceeding with plans for season 6 of the show, MultiChoice announced popular TV personality IK Osakioduwa as the host of the music reality show for this season. IK is a TV personality with over a decade of experience hosting several high profile events across the continent including the Big Brother Africa show. With his demonstrated savviness and ability to keep an audience engaged,…
Ericsson has once again been ranked as one of the most sustainable companies, landing a place on the 2021 Corporate Knight’s Global 100 list. The Global 100 list, which was released on January 25, 2021, incorporates data collected from annual reports, sustainability reports, and company websites to score companies based on metrics such as share of “clean” revenue and investments, eco-efficiency, diversity on boards of directors and among executives. One of the world’s largest magazines in circulation, Global Knights is focused on the intersection of business and sustainability and produces rankings and financial product ratings based on corporate sustainability performance.…
The Agency for Air Navigation Safety in Africa and Madagascar (ASECNA), the Nigerian Communications Satellite Ltd (NIGCOMSAT) and Thales Alenia Space are in a joint venture to accelerate SBAS development for aviation in Africa. Following the broadcast of a SBAS (Satellite-Based Augmentation System) signal over Africa & Indian Ocean (AFI) region since September 2020, providing the first SBAS open service in this part of the world via NIGCOMSAT-1R Satellite, the 3 partners have successfully conducted on 27 January 2021 a series of 5 flight demos at Lomé International Airport. The goal was to show in real configuration the efficiency of…
Visa CEO Alfred Kelly says the card scheme is preparing its payments network to handle a full range of cryptocurrency assets, according to a report in finextra. In an earnings call with analysts, Kelly says the company will treat the cryptocurrency market as two distinct segments: traditional cryptocurrencies, such as bitcoin and Ether; and fiat-backed digital currencies including stablecoins and central bank digital currencies. “In this space, we see ways that we can add differentiated value to the ecosystem. And we believe that we are uniquely positioned to help make cryptocurrencies more safe, useful, and applicable for payments through our…
Mastercard has launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC), the leading global financial centre and largest fintech hub in the Middle East, Africa and South Asia (MEASA) region. Governments, financial institutions and businesses around the world have been facing an increase in cyber threats as people and businesses become more digitally connected. According to an industry study, the threat of direct and indirect cyberattacks on global businesses is significant, with up to $5.2 trillion in economic impact being at risk over the next 5 years. Another study reported that 50 per cent of…
MultiChoice Nigeria has announced the headline sponsor for the highly anticipated 6th season of The Nigerian Idol. The leading Pay-TV entertainment company stated that Rite Foods Limited, manufacturers of Bigi Soft Drinks is the headline sponsor of the music reality show. Recall that in December 2020, MultiChoice Nigeria made known to the public that it was bringing back the highly-rated music reality show, and a bigger winner’s prize that includes a recording contract and 50 million Naira worth of prizes. It has now announced Bigi Soft Drinks as the headline sponsor of the show. Channel Director M-Net, Wangi Mba-Uzoukwu, said,…
The Access Bank W Initiative program is partnering with the Lagos State Employee Trust Fund (LSETF) to provide low-interest loans for female businesses to flourish in the state. With this development, female entrepreneurs now have more reasons to smile and succeed with a discounted financing solution known as the “LSETF-W Initiative Loan.” The “LSETF- W Initiative loan” is a financing scheme for female traders/MSME’s operating in Lagos state regardless of their state of origin. This means applications from non-indigenes who are resident in Lagos and own at least 50% ownership in either start-ups, micro-enterprises, or small and medium enterprises will…
Africa’s foremost new-age financial solutions powerhouse, Zedcrest Group has announced the appointment of Olumide Odewole as its new Chief Financial Officer (CFO) and member of the executive management. In a statement issued by Zedcrest, the GMD of the company, Adedayo Amzat stated that Olumide will play a key role in the scaling of the Group’s operations; driving cultural change and strong sustainable performance. “I am pleased to welcome Olumide to Zedcrest Group and our leadership team. His deep and extensive experience in leading financial operations and value integration, as well as driving performance, operations, control and shared services results, will…
Samsung, a global Original Equipment Manufacturer (OEM), has partnered with Africa’s foremost technology and lifestyle hub, Tech Experience Centre to offer Nigerians a six-month interest-free payment option on its latest devices – the Galaxy S21 series. The smartphones – the S21, S21+ and S21 Ultra – were recently unveiled to the public at the Tech Experience Centre on Yudala Heights, Idowu Martins Street, Victoria Island. Interested Nigerians who desire to get their hands on the amazing devices without burning a hole in their pockets have been offered a flexible way of acquiring them and paying later within six months, with…