By Osasikemwen Ighile In today’s volatile economic climate, saving money is no longer just a prudent habit—it is a strategic necessity. The constantly rising living costs, inflationary pressures, and currency fluctuations have redefined what it means to be financially secure. The difference now lies not in whether people save, but in how they save. Reports from the National Bureau of Statistics (NBS) highlight this shift, showing inflation in Nigeria climbing from 22.41% in May 2023 to a peak of 34.80% by late 2024. While temporary cooling occurred in early 2025, the overarching trend underscores a stark reality – cash that…
Author: DigitalTimesNG
News Highlights: ICTEL Expo 2026 will bring together Africa’s leading policymakers, investors, and technology stakeholders to drive digital transformation. The Expo will focus on innovation, investment, and collaboration under the theme “Africa’s Next Tech Frontier: Building, Securing & Scaling Digital Prosperity.” Africa’s digital transformation agenda will take centre stage in Lagos as the Lagos Chamber of Commerce and Industry (LCCI) unveils plans for the 2026 edition of ICTEL Expo, the continent’s leading platform for innovation, collaboration, policy dialogue, and sustainable digital development. The two-day event, scheduled for Tuesday, July 28 and Wednesday, July 29, 2026, at the Grand Ballroom of…
News Highlights: Coloplus Worldwide appoints telecom veteran John Dodge as Deputy CEO and Executive Director. Dodge is expected to drive the company’s growth and expansion strategy, leveraging his expertise in leadership, operational excellence, and large-scale project execution. Strengthening its leadership team as it advances its growth and expansion agenda, Coloplus Worldwide Service Limited, a subsidiary of Fusewall Holdings, has announced the appointment of Mr John Dodge as Deputy Chief Executive Officer and Executive Director. Digital TimesNG understands that the appointment brings to the company one of the telecommunications industry’s most accomplished global professionals, with more than 35 years of experience…
News Highlights: Union Bank reaffirmed education as a strategic investment, highlighting its Edu360 initiative and calling for deeper private-sector involvement in strengthening Nigeria’s education ecosystem. The bank praised the Maltina Teacher of the Year Competition’s impact, noting its ₦100 million grand prize and recognition of over 300 teachers, while urging sustained support for educators nationwide. Union Bank of Nigeria has reinforced its commitment to strengthening Nigeria’s education sector, declaring education a strategic investment critical to national development at the launch of the 12th edition of the Maltina Teacher of the Year Competition (MTOTY) in Lagos. The bank, now in its…
News Highlights: NCC, Digital Realty, and IHS Nigeria back NDSF 2026 Forum to focus on WSIS vision through multistakeholder collaboration With just days to the 2026 Nigeria DigitalSENSE Forum (NDSF) on Internet Governance for Development (IG4D), key players driving Nigeria’s digital transformation agenda have thrown their weight behind the flagship industry gathering, underscoring its growing relevance as a platform for shaping the future of internet governance and digital development in the country. Among the leading organisations backing this year’s forum are the Nigerian Communications Commission (NCC), Digital Realty, and IHS Nigeria, representing critical regulatory, connectivity, and digital infrastructure pillars of…
News Highlights: QNET disowns suspects linked to Lagos trafficking and fraud case Company strengthens anti-fraud campaign and public awareness efforts Global wellness and lifestyle-focused direct selling company, QNET, has dissociated itself from individuals arrested in a recent operation by the Nigeria Security and Civil Defence Corps (NSCDC) in Lagos State over alleged human trafficking, unlawful detention and fraudulent activities. The company, reacting to media reports on the operation, strongly condemned all forms of criminality, including human trafficking, fraud, exploitation and unlawful detention, while commending the NSCDC for its swift response in rescuing victims and safeguarding their welfare. According to QNET,…
News Highlights: Harvard-led delegation of 85 global health experts commended the NASENI-TROMENT Biotechnologies factory, describing it as a major boost to malaria eradication and infectious disease control efforts in Africa. The facility, Africa’s first fully localized RDT kit factory, is designed to produce 600 million diagnostic kits annually, reducing dependence on imports and strengthening Nigeria’s healthcare sovereignty. Nigeria’s drive toward healthcare self-reliance received a major endorsement from the global scientific community as about 85 medical professionals, scientists, and policymakers from across the world lauded the establishment of the NASENI-TROMENT Biotechnologies factory, describing it as a significant step toward defeating malaria…
News Highlights: Stablecoins Can Unlock Seamless Cross-Border Trade Trust, Regulation, and Innovation Are Critical to Africa’s Digital Commerce Future As Africa’s digital economy expands at an unprecedented pace, industry leaders are increasingly focused on one critical question: how can businesses eliminate the barriers that slow transactions, limit scalability, and undermine consumer trust across the continent? The search for answers dominated discussions at the 2026 E-Commerce and Payments Forum organised by the Africa Retail Academy of Lagos Business School (LBS), where regulators, fintech executives, retail operators, innovators, and business leaders convened to explore practical solutions for unlocking the next phase of…
By Ihechukwu Madubuike My eyes were fixated on the screen of the television before me as Bishop Hassan Kuka reviewed the long-awaited biography of General Yakubu Gowon, an evangelist of reconciliation, and I do believe, of ethical principles and consolidation, wiser the more by years of sober reflections on life in general. Kuka did a fairly good job of it, given the volume of the book and the time constraints. Every memoir has a point it is trying to make: It could be a confession, it could be to explain, to justify, to preserve, to entertain, or to settle a…
News Highlights: Dangote Refinery exceeds design capacity, hits 700,000 bpd Expansion plans target 1.4 million bpd and global refining leadership Dangote Petroleum Refinery & Petrochemicals has achieved a major operational milestone by processing 700,000 barrels of crude oil per day (bpd) during a recent performance test conducted by its Process Licensors, exceeding its installed nameplate capacity of 650,000 bpd. The achievement positions the refinery above its original design threshold and reinforces its status as the world’s largest single-train petroleum refinery. It also highlights the facility’s growing operational maturity, efficiency, and ability to maximize throughput across its production units. Industry observers…