By Dr. A. U. Babatunde In recent years, partnerships between e-commerce platforms and tech companies have been instrumental in driving innovation and progress in various sectors. One such partnership that has garnered significant attention is the collaboration between Konga, Nigeria’s composite e-commerce group, and Starlink, the satellite internet service provided by SpaceX. This groundbreaking partnership is poised to revolutionize internet accessibility in the country, bringing about a myriad of benefits for businesses, individuals, and the nation as a whole. For example, educational institutions, business and houses can access internet services anywhere in the country with their enterprise kit. One of the biggest obstacles to widespread internet adoption…
Author: DigitalTimesNG
The African e-commerce market grossed USD 277.1 billion in 2023 and is projected to reach USD 939.8 billion in 2032. However, with a global cart abandonment rate of 70%, many of which are related to payment issues, there is a clear need for e-commerce businesses in Nigeria and beyond to provide seamless and efficient transactions to increase their revenue and scale. An effective payment solution for e-commerce businesses is payment link integration. Payment link integration emerges as a powerful tool for e-commerce businesses to facilitate payment in a convenient and streamlined way. This SeerBit article delves into what a payment…
EMMANUEL TZINGAKIS, Technical Lead, African and Venture Markets at Trend Micro, discusses the importance of threat intelligence and how this has an impact on ransomware gangs and hackers on a global level. The threat landscape has expanded in recent years as our world has become more interconnected. This has resulted in cybercriminals seeking out more opportunities to exploit vulnerabilities for profit. Cybercriminals are far more organised than ever before and what we would typically call a “gang” is made up of a team of people that look a lot like their own legitimate business with departments for recruitment and finance.…
By Suleiman Bala BAKORI Boxes have many uses, and the word “box”, lends itself to diverse contexts. For “Ajala Travelers,” the box is necessary for keeping goods for their endless journeys. In literature, idiomatically, it can be said that “one has been boxed into a corner;” another might say to deal with a conundrum: “think outside the box;” then there is the “Pandora’s box” that no one wants to be opened. To “box one’s ears” refers to a hit on the head, especially around one’s ears. For those who celebrate Christmas, “Boxing Day,” which is the 26th of December, the…
By Abdullahi T. BIDA MTN Nigeria Communications Plc (MTN Nigeria), the leading telecommunication service provider in the country, on Thursday, 29 February 2024, submitted its full-year audited report for the year ended 31 December, 2023 to the Nigerian Exchange (NGX). The report showed very impressive highlights like growths in total subscriber base, active data users, active mobile money (MoMo PSB) wallets, service revenue and earnings before interest, tax, depreciation and amortization (EBITDA). Despite all these positive highlights in the Statement of Accounts, the media and most analysts, as the MTN Nigeria would wish, ran with the forex loss of N740.4…
By Olayiwola LUQMAN, FCA The history of MTN Nigeria Communications Plc (MTN Nigeria) is replete with controversies and litigation, unlike other players in the telecom sector. Some might argue that MTN’s size naturally attracts its issues. This would, however, be too easy a way out of truly analyzing its issues. Others would argue upon review, that it is more about its attitude to Nigeria and Nigerians, in other words, the Big Man syndrome, that is the catalyst for its issues. Since its inception, MTN has hobbled from issue to issue. It has won some, lost others and settled some. The…
Participants reminded of their responsibility in harnessing the power of AI for the betterment of humanity. Minister emphasised the need for inclusive participation in shaping the trajectory of AI development. Nigeria’s Federal Ministry of Communications, Innovation and Digital Economy recently organised a workshop that would co-create a National Artificial Intelligence (AI) Strategy that will leverage the Human-Centred Design (HCD) approach to formulating a strategy that focuses on the needs of Nigeria and the world. Digital TimesNG learnt that the 4-day stakeholders’ strategy workshop with the theme “Developing the High-Level Strategy and Implementation Plan for a National AI Strategy in Nigeria,”…
Director General of the National Information Technology Development Agency, (NITDA) Kashifu Inuwa has reiterated the need for collaboration that would bring about the best solutions from ideas, experiences, insights, and shared knowledge needed for the country’s development. Inuwa stated this while playing host to the participants of the 2024 Senior Executive Course 46 led by Brig. Gen. Abdulrahman Idris, on a strategic tour to understudy the Agency’s operations on the advancement of Digital Economy in line with the present administration’s Agenda, according to a statement made available to Digital TimesNG. The DG noted that no organisation can achieve its goals and objectives in isolation, adding that, “We need…
Hackaholics 5.0 Will Be Executed Over Six Months 10 Universities Across The Country Will Be Toured Within This Period Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at a Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened. Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019 to provide a platform for young Nigerians with…
Egypt, Brazil, US, India, Mexico, and Pakistan among Top 10 countries with most malware attacks in the last four years. Over 11million malware attacks were performed by hackers in the last four years, reveals the latest study by NordPass. The study also investigated which countries are the most targeted, which credentials are the most leaked, and which type of malware Internet users fall victim to the most frequently. From 2020 to 2022, the number of malware attacks reported has grown from over 600,000 to almost 5million. In the first nine months of 2023, over 2.7million cases were reported. “We noticed…