Author: DigitalTimesNG

In compliance with the directive of the Federal Ministry of Aviation that all agencies in the sector relocate their corporate headquarters to Abuja, the Federal Airports Authority of Nigeria (FAAN) has moved its corporate headquarters to Abuja. In a release signed by Mrs Henrietta Yakubu, General Manager, Corporate Affairs at FAAN and made available to DigitalTimesNG, the Authority said the move is aimed at ensuring operational efficiency, while also improving the quality of service delivery to our esteemed customers. The statement noted that already, the Managing Director, Capt. Rabiu Yadudu, Directors and other critical members of staff of…

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Coca Cola Africa has partnered with Disrupt Africa to launch a startup challenge aimed at identifying tech-based solutions for measuring the performance of its products in markets largely dominated by the informal trade, according to a report in kachwanya.com Dubbed “Tracking Revolution Challenge”, the project will see Disrupt Africa source startups from across the continent and give them the chance to pitch in front of Coca-Cola executives for the opportunity of securing a pilot project with the company. “Modern trade such as hypermarkets and supermarkets are relatively simple to track as information is collected via the scanning methodology at tills,” said…

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By Lucky La RICCIA Digital technologies are transforming industries worldwide. With 5G being deployed across the region, service providers increasingly recognize the new business opportunities that digital transformation of the enterprise market will bring. However, to successfully address these opportunities and accelerate longer-term growth, they need to extend their focus from traditional revenue streams to centre on digitalizing targeted industries. While leading service providers in the region are already taking steps to look beyond connectivity and focusing on a few specific industries, they should also expand their strategic ambition beyond mobile broadband in each targeted industry. According to the…

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Nigeria’s leading video entertainment provider, MultiChoice Nigeria, recently commissioned Accenture, a top accounting and consulting firm in Nigeria to measure the socio-economic impact of its business in Nigeria between 2015 and 2019. According to the report, MultiChoice Nigeria had contributed an estimated US$2.1bn to the Nigerian economy within the period under review. Accenture estimated that the company had specifically spent over $428 million in developing local creative talent, as a result of sourcing and producing local content for DStv, GOtv, M-Net, SuperSport, and Africa Magic, and investing in building local production infrastructure. This investment has greatly helped to support the Nigerian movie industry,…

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Facebook Tuesday announced that all its Economic Impact Programmes will be offered virtually as the platform seeks to equip small businesses with digital marketing skills. This development is to help them stay open, connect with and acquire new customers to survive challenges presented by Coronavirus.  Facebook’s Economic Impact Programmes include Boost with Facebook currently implemented in 11 African countries, targeting over 41,000 small businesses. It also includes SheMeansBusiness available in Nigeria, South Africa and Senegal reaching 7,500 participants. There is also Digify Pro offered in Nigeria, Kenya and South Africa with 230 participants and Aspiring Entrepreneurs Programme which works with 360 participants in Nigeria. These…

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Unity Bank Plc. has partnered Dynamiss to enable schools to acquire a robust learning management system at affordable rates. Mr DeVoe Okorie, Unity Bank’s Head of Corporate Communications disclosed this in a statement on Monday in Lagos, according to a report by the News Agency of Nigeria (NAN). Okorie said under the partnership, a full e-learning package comprising Microsoft School Portal, Discounted Airtel Data and Free Contents and Devices powered by Dynamiss would be supported with financing from Unity Bank. According to him, the Dynamiss’ Learning Management System (LMS) has been developed by the largest learning platform provider in…

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Access Bank Plc has said through an email to its customers that it recently discovered a mistake in its operations records, whereby stamp duty charges on applicable transactions were not passed on to customers. The bank said in the mail that the omissions occurred between February 1st, 2020, and April 30th, 2020. Though the tier-1 bank said it was deeply apologetic for this error, it, however, noted that all concerned customers are to prepare to pay off the accrued charges. In the email sent to customers over the weekend, the accrued N50 stamp duty charge will be debited from…

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Plentywaka has launched Logistics By Plentywaka (LBP), to tackle the issues of logistics in Lagos with a B2C same-day delivery service, in response to the logistics demands in the city as a result of the COVID-19 pandemic. The innovative bus-hailing services provider said in a statement that LBP, which is an expansion to the company’s bus transportation network within the city, will now help businesses and individuals that have challenges of moving packages across the state. The company noted in the statement that the new delivery service will provide customers with same-day delivery service as well as a range of logistical vehicles which they choose…

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The Nigerian Stock Exchange (NSE) has announced the upgrade of its data portal to improve access to the market. In a press release made available to newsmen on Monday, June 22, 2020, the Management of the NSE said the revamped portal is expected to provide a more efficient, user-friendly experience for subscribers. According to the release, the new features include data products, subscription management, payment gateway integration and a lot more. First introduced in 2013, the X-DataPortal is an online application that serves as a repository for real-time, delayed, end of day and historical data for all financial instruments listed on the…

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For the second time in two months, Ecobank Nigeria has hosted another set of its trainees from its academy to a virtual graduation ceremony, who have since been absolved into the bank. The Ecobank Nigeria Management Trainees Batch 2 (EMDP 2) comprises 53 graduates who were trained at the Ecobank Nigeria Academy for 21 months. Ecobank Nigeria had in May this year organised a virtual graduation ceremony for 57 graduate trainees, the first of its kind by any bank in the country. Patrick Akinwuntan, Managing Director, Ecobank Nigeria, reiterated that the bank’s deliberate policy to train and equip its…

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