News Highlights: PalmPay was recognised for expanding financial access. The fintech’s innovative solutions and expansive reach gave it edge. PalmPay, Nigeria’s leading fintech platform, was honoured with the Most Outstanding Fintech Driving Financial Inclusion award at the esteemed BrandCom Awards 2024, held on October 26th. The award, presented by Brand Communicator, celebrates Palmpay’s remarkable contribution to expanding financial inclusion across Nigeria. The recognition from Brand Communicator reflects PalmPay’s commitment to bridging financial gaps and expanding access to reliable financial services for millions of Nigerians. Since its launch in 2019, PalmPay has prioritized empowering underserved communities with innovative tools that enable…
Author: DigitalTimesNG
News Highlights: The Federal Government has cleared Honourable Minister of State for Defence, Dr. Bello Muhammed Matawalle, of allegations linking him to banditry in Zamfara State. Despite the accusations, Minister Matawalle retained his position in the recent cabinet reshuffle, credited for his dedication to improving security in Nigeria’s North West region. The Federal Government has exonerated the Honourable Minister of State for Defence, Dr. Bello Muhammed Matawalle, from allegations of involvement in banditry in Zamfara State. Some security analysts who spoke to Digital TimesNG noted that as false as these allegations were, the accusers could not come out with convincing…
-Joins IASP At 41st World Conference In Kenya News Highlights: Solution Innovation District (SID) has been officially inducted as a full member of the International Association of Science Parks and Areas of Innovation (IASP) at the 41st World Conference in Kenya. This significant milestone aligns with Governor Soludo’s vision to establish Anambra as “Africa’s Silicon Valley,” advancing the state’s transformation into a digital and entrepreneurial hub. The Solution Innovation District (SID) was officially welcomed as a full member of the esteemed International Association of Science Parks and Areas of Innovation (IASP) during the 41st World Conference, recently held in Nairobi,…
News Highlights: This year’s Konga Yakata sale, starting on November 1, 2024, promises up to 90% off on a broad range of premium products. Konga Yakata has emerged as a valuable opportunity for shoppers looking to save without compromising on quality. Nigeria’s biggest annual sales event, Konga Yakata, is finally here! Starting this Friday, November 1, 2024, the highly anticipated sale will run throughout the entire month, wrapping up on Saturday, November 30. As excitement builds among shoppers, this year’s edition promises to deliver even more incredible savings, with up to 90% discounts on a wide array of premium products.…
By Ezekiel Olukunle Aboderin It’s the digital age’s ultimate contradiction: a payment takes milliseconds, but getting your money back can take seven to ten business days. This delay isn’t just a nuisance; it’s a structural vulnerability in the FinTech ecosystem, eroding consumer trust with every day that a reversal of money that was never truly settled is stuck in the system. In my fourteen years navigating the financial plumbing across leading Payment Operations for global platforms, I’ve seen this agonizing process up close. The root cause isn’t malicious; it’s an outdated reconciliation framework that treats real-time transactions with a batch-processing…
News Highlights: The Central Bank of Nigeria (CBN) confirmed that old N200, N500, and N1,000 notes will continue to circulate indefinitely. The CBN urged Nigerians to continue accepting all naira banknotes and encouraged the use of electronic payment methods to reduce reliance on physical cash. The Central Bank of Nigeria (CBN) has confirmed it has no plans to stop the circulation of old N200, N500, and N1,000 notes by December 31, 2024. This announcement comes as the House of Representatives urged the CBN to phase out these notes and increase the issuance of redesigned denominations. At a House plenary, Hon.…
News Highlights: The Glenfiddich Grand Sleeves launch was a spectacular fusion of whisky, Nigerian culture, and creativity, hosted by Tomike Adeoye. The event featured vibrant Glenfiddich-infused cocktails, captivating performances, and a star-studded guest list, creating an unforgettable night. Besides being the top single-malt whisky in town, one thing we love about Glenfiddich is their consistency in delivering exactly what they promise. A perfect example is the recent launch of the Grand Sleeves, held on October 20th at The Library Lagos, located in Victoria Island. The launch was hosted by the ever-charismatic Tomike Adeoye, who brought life to the evening with…
…QNET Emerges As Gold Sponsor The organizers of AfriTECH 4.0 have revealed the official sponsors for this year’s highly anticipated event, with global ecommerce giant QNET taking the spotlight as Gold Sponsors. The conference, set to take place on Thursday, November 7, 2024, at Oriental Hotels, Lekki Road, Lagos, Nigeria, is Africa’s premier technology and innovation gathering, attracting industry leaders, innovators, and policymakers from across the continent. Under the theme “Leapfrogging Digital Transformation for Future of Africa’s Economy,” AfriTECH 4.0 aims to highlight the critical role of technology in driving sustainable development in Africa. The event’s sponsors feature key players…
News Highlights: SeerBit, Africa’s leading payment solutions provider, has partnered with Sabre, a global leader in travel software and technology solutions. This collaboration will allow Sabre’s clients to access SeerBit’s robust payment infrastructure. SeerBit, Africa’s leading payment solutions provider known for delivering innovative services to businesses, has revealed a strategic partnership with Sabre, a global leader in software and technology solutions for the travel industry. Through this collaboration, Sabre’s clients will gain access to SeerBit’s robust payment infrastructure, enabling seamless, secure, and efficient payment processing for transactions, as well as other value-added services across web, mobile, and offline platforms. Although…
By Elvis EROMOSELE Humans are naturally biased. This makes changing someone’s mind a challenge. This also explains why marketing—attracting customers to generate revenue—is difficult. It requires capturing the attention of the target audience and changing minds. In today’s world, this task has become even more complicated due to information overload and the disruptive nature of the emerging digital economy. Experts say to stand out and engage people, trust, transparency, and authenticity are essential. The 2024 Lagos Digital Public Relations Summit, held on October 16 and 17, was more than just a gathering of professionals in the field—it was a platform…