Nigeria’s relationship with digital banking has changed almost beyond recognition in a decade. Where cash once dominated every transaction, from the roadside market to the corporate boardroom, mobile apps, instant transfers, and USSD codes have reshaped how tens of millions of Nigerians interact with their money every single day. The figures speak for themselves: point-of-sale transactions surged to a record N18 trillion in 2024, a 69 per cent increase from the year before, and the number of POS terminals in operation more than doubled to 5.5 million. Mobile banking is now the most widely used digital financial service in the…
Author: DigitalTimesNG
News Highlights: Shoppers enjoy significant price cuts across multiple categories, with access to genuine products through official brand stores and exclusive partnerships. With early campaign timing and KongaNow delivery, customers can shop conveniently and receive orders ahead of Easter celebrations. Konga, Nigeria’s leading composite e-commerce platform, has kicked off its much-anticipated Easter Homecoming campaign, rolling out from April 1, 2026, with a strong focus on affordability and seasonal convenience. The initiative is designed to help consumers make the most of the festive period, offering deep discounts across a wide range of product categories. By combining value-driven deals with access to…
News Highlights: The platform added over 50 million users in 2025 and now has more than 150 million users outside India, reflecting strong global adoption. Truecaller surpassed 4 million paying subscribers, reinforcing its growing subscription-based revenue model. Truecaller, the leading global platform for safe and trusted communication, has announced that it has surpassed 500 million users worldwide, marking a significant milestone in the company’s mission to build trust in communication. The platform continues to see significant user growth, adding over 50 million users in 2025, and has surpassed 150 million users outside of India as demand for protection against spam,…
News Highlights: The handover of the NGEA Portal to NITDA marks a major leap in Nigeria’s transition toward an integrated, interoperable, and citizen-centric digital government framework under the e-Government Masterplan 2.0. The NGEA initiative is the outcome of a multi-year strategic partnership between Nigeria and the Republic of Korea, supported by the Korea International Cooperation Agency. Nigeria’s push to build a more coherent and interoperable digital government architecture has taken a decisive step forward with the formal handover of the Nigeria Government Enterprise Architecture (NGEA) Portal to the National Information Technology Development Agency (NITDA). At a ceremony held on Thursday…
News Highlights: The NCC has designated Plateau State as a priority partner in closing Nigeria’s digital divide, pledging to extend broadband infrastructure to underserved rural LGAs. Plateau State Governor highlighted concrete initiatives—AI adoption, innovation hubs, broadband partnerships, and a planned BPO program employing at least 500 youths. Plateau State has emerged as a key focal point in the Nigerian Communications Commission (NCC)’s push to close the country’s digital divide, as the regulator reaffirmed plans to deploy broadband infrastructure to underserved communities nationwide. The Commission said expanding connectivity to hard-to-reach areas remains critical to unlocking economic opportunities, education, innovation, and social…
News Highlights: At its 2026 IWD forum, Polaris Bank positioned investment in women, through financing, leadership development, and inclusion, as a data-driven engine for innovation, productivity, market expansion, and long-term institutional resilience. Beyond advocacy, Polaris Bank showcased concrete outcomes, including over ₦1 billion in funding to female entrepreneurs, tailored programs like Polaris Pearl and Women Connect, and support for health and education. Polaris Bank used its 2026 International Women’s Day (IWD) forum to position gender equity not as a corporate social obligation, but as a strategic lever for sustainable growth. The bank highlighted its long-term investments in women’s empowerment, financial…
News Highlights: NITDA is building a digital ecosystem to help Nigerian creators innovate, scale globally, and fully participate in the digital economy. Nigeria’s creative sector, currently valued at over $9 billion, is projected to exceed $13 billion with the right support. The National Information Technology Development Agency (NITDA) has outlined an ambitious technology-led framework to accelerate the growth of Nigeria’s creative and arts industry, positioning digital infrastructure, talent development, and regulatory support as the backbone for transforming the sector into a major economic driver. Aligning with the current administration’s push to diversify the economy through industrialisation, digitisation, creative arts, and…
By Olumide Balogun Nigerians are natural explorers. Whether finding the best supplier in Balogun market, hunting down a recipe for party jollof, or looking for the most affordable flight out of Lagos, we are always searching. Today, human curiosity is expanding, and the way Nigerians express it is evolving. We are speaking to our phones, snapping photos of things we like, and asking incredibly complex questions. For the Nigerian business owner, understanding this shift is a massive opportunity to get discovered by eager customers. Here are four ways AI is rewriting how Nigerians search, along with simple steps to ensure…
News Highlights: PAFON 3.0 will convene over 600 stakeholders and 20+ experts in Lagos to shape Nigeria’s digital payments, AI, and fintech landscape. The forum will spotlight financial inclusion, regulatory collaboration, and new fintech innovations through panels, exhibitions, and high-level policy dialogue. Payments Forum Nigeria (PAFON), the country’s leading industry platform for digital finance stakeholders, has officially announced the third edition of its flagship event, PAFON 3.0. The high-level gathering is scheduled to take place on Friday, April 24, 2026, at the Oriental Hotel, Lagos, bringing together the brightest minds in banking, fintech, and regulation. Under the central theme of…
News Highlights: Nigerian artists generated over ₦60 billion from Spotify in 2025 alone, with earnings rising by more than 140% in just two years. Nigerian artists accounted for over 80% of tracks on Spotify Nigeria’s Daily Top 50, with 30.3 billion streams worldwide. Spotify has shared Nigeria-specific insights from Loud & Clear, its annual report designed to help artists, fans, and the wider music industry better understand the economics of music streaming. Each year, Loud & Clear analyzes millions of data points to provide a clearer picture of how artists build careers, grow audiences, cross borders, and reach new milestones.…