News Highlights: Microsoft in Talks to Acquire TikTok Again Amid U.S. Government Pressure Uncertainty Over TikTok’s Future as Multiple Buyers Show Interest President Donald Trump of the United States told reporters on Monday that Microsoft, is in talks to acquire TikTok and that he would like to see a bidding war over the app, according to a report by Reuters. While Microsoft declined to comment, TikTok and ByteDance did not immediately respond to Reuters’ requests for a comment outside regular business hours. TikTok, which has about 170 million American users, was briefly taken offline just before a law requiring its…
Author: DigitalTimesNG
For decades, Nigeria’s power sector has been on shaky ground — struggling with unreliable electricity supply, aging infrastructure, and an overdependence on fossil fuels. Grid collapse has become a recurrent experience, forcing households and businesses to rely on expensive and polluting generators. Amid these challenges, past and present governments always paint a hopeful picture of reforms and investments aimed at improving the grid. Yet, in a world rapidly shifting towards renewable energy, true progress will not come from patching up a failing system but from embracing a sustainable, green energy future. Indigenous brands like iPower are already leading the way,…
TV analyst, Frank Tietie, has criticised the Nigerian Communications Commission (NCC) for approving a 50% increase in telecom tariffs without conducting the mandatory public hearing required by law. Tietie, an Arise TV analyst, who spoke on Arise News on Wednesday, argued that the lack of public consultation denies Nigerians the opportunity to challenge the hike and seek compensation for years of poor service. He stressed that consumers should not bear the cost of the telecom sector’s operational challenges, urging regulators to prioritise consumer protection and accountability. Tietie condemned the Nigerian Communications Commission (NCC) for approving a 50% increase in telecom…
News Highlights: The Stargate Project is a joint venture to build AI data centres across the U.S. Project is expected to be operational by 2026, further advancing the U.S.’s AI capabilities OpenAI has announced that it will team up with Oracle and Japanese conglomerate SoftBank, among others, to build multiple data centres for AI in the U.S. Known as the Stargate Project, the joint venture will begin with a large data centre project in Texas and eventually expand to other states, Digital TimesNG can report. The companies expect to commit $100 billion to Stargate initially and add up to $500…
News Highlights: Exclusive Microsoft License Discounts for Businesses aims to enhance productivity, security, and collaboration for businesses across Africa. Automated CSP Portal for Resellers enhances scalability, profitability, and service delivery for Microsoft partners. TD Africa, the leading technology distributor in Africa, is offering significant discounts on essential Microsoft licenses to support business growth and digital transformation across the continent. Digital TimesNG reports that this initiative reflects TD Africa’s commitment to empowering businesses with cost-effective technology solutions that enhance productivity and efficiency. For a limited time, businesses can enjoy substantial savings on various Microsoft products, including a 15% discount on Microsoft…
News Highlights: AI investment surge in META region There’s economic impact and AI-led transformation Spending on AI in the Middle East, Türkiye, and Africa (META) totaled $4.5 billion in 2024 and is projected to surge to $14.6 billion by 2028, representing a compound annual growth rate (CAGR) of 34%, reports Digital TimesNG. That’s according to the latest insights from International Data Corporation (IDC), with the global technology research and consulting firm attributing this rapid growth to the region’s steadfast commitment to transitioning toward an AI-driven digital economy. As the META region continues to prioritize AI and generative AI (GenAI) strategies,…
Konga’s annual Jara campaign has sparked excitement among Nigerian shoppers, offering timely discounts of up to 50% across various product categories. The initiative, themed “Confam New Year Deals,” has emerged as a vital lifeline for consumers navigating the financial challenges typical of January. Market analysis shows a significant surge in essential household purchases, with electronics, home appliances, and FMCG items leading the sales charts. Data from the first two weeks of the campaign reveals that home appliances and electronics account for 45% of total sales. Groceries and FMCG follow closely at 30%, while fashion and lifestyle products make up 25%…
The Minister of State for Defence, Dr. Bello Mohammed Matawalle, has called for increased collaboration and funding for the Defence sector to effectively combat and eliminate banditry and other forms of criminality across the nation. The Minister made this appeal during the presentation of the 2025 Budget Proposal for the Ministry of Defence to the Senate and House of Representatives Committees on Defence at the National Assembly Complex in Abuja. In his address, Minister Matawalle underscored the importance of robust collaboration with lawmakers, commending the unwavering commitment and cooperative efforts of both the House and Senate Committees on Defence and…
News Highlights: Survey reveals that 70% of Nigeria’s online population has used generative AI, surpassing the global average of 48%. Nigeria is among the top countries globally in terms of excitement and adoption of AI, with a strong belief in AI’s ability to drive economic growth. A new global survey from Ipsos and Google reveals that attitudes towards artificial intelligence (AI) are trending positive as its use becomes more widespread, reports Digital TimesNG. The study, “Our Life with AI: From innovation to application,” surveyed 21,000 people across 21 countries, finding that global AI usage has jumped to 48% and excitement…
By Tolu ADEREMI-COLE As the case between Citadel Oracle Concept Limited and Zinox Technologies returns to court, a document from the Federal Inland Revenue Service (FIRS) has put a lie to the claim under oath by Benjamin Joseph, CEO of Citadel, that he was not aware of the contract executed by his company at FIRS. It will be recalled that Joseph, in his statement on oath in suit No: LD/4335/2014 in the High Court of Justice, Lagos State, dated 28th June, 2019, averred that his company, Citadel, did not execute any contract with FIRS and that he was not aware…