News Highlights: Femi Otedola endorsed the Federal Government’s proposal for a 70% windfall tax on banks’ foreign exchange gains. Otedola criticized the banking sector for its excessive spending on private jets, estimating a $50 million annual maintenance bill. He highlighted the importance of the windfall tax in fostering economic stability and integrity within Nigeria’s financial institutions. Billionaire businessman and Chairman of FBN Holdings, Femi Otedola, has supported the 70 per cent windfall tax proposed by the Federal Government on foreign exchange gains of banks. Otedola, in a statement he issued on Wednesday, criticized the banking sector for its $50m estimated…
Author: DigitalTimesNG
News Highlights: Shareholders filed a lawsuit against CrowdStrike for “false and misleading” statements about its software testing. CrowdStrike experienced a major issue on 19 July when a faulty software update crashed 8.5 million Microsoft Windows computers globally. The lawsuit seeks compensation for investors who held shares between 29 November and 29 July. Shareholders have sued CrowdStrike after a faulty software update by the cybersecurity firm crashed more than eight million computers and caused chaos around the world. The shareholders accused the company of making “false and misleading” statements about its software testing, according to a report by the BBC. It…
News Highlights: LG OLED TVs are known for their vibrant, accurate colours, deep blacks, and infinite contrast ratio, resulting in lifelike images. LG Electronics is hosting a gaming tournament in Lagos, Nigeria, where players will compete in FIFA games from July to August 2024. The TVs also provide a safer viewing experience with flicker-free technology and low blue light levels. A decade after introducing the world to the first-ever large-screen OLED TV, LG continues to lead the premium TV market. The company’s cutting-edge OLED TVs have been recognized at the CES Innovation Award for 11 years in a row and…
-Supply Chain Innovators Are Reaching 50,000 Healthcare Providers Across 33 Countries News Highlights: The report identifies 24 leading innovators in Africa’s health supply chain, showcasing their potential for significant impact. The featured innovators collectively partner with over 100 manufacturers and 75 public health institutions. The report emphasizes the need for governments, donors, and global health institutions to engage with these innovators. Healthcare consulting firm, Salient Advisory has launched its latest market intelligence report, focusing on 24 leading Africa-focused supply chain innovators who appear to be on the cusp of more substantive impact. Funded by the Gates Foundation, the report titled…
News Highlights: The 20th Titans of Tech Awards featured the unveiling of the book ‘50 Most Influential ICT Innovators in Nigeria.’ The ceremony recognized Lifetime Achievement Award winners and inducted 13 distinguished individuals into the Titans of Tech Hall of Fame. The organisers celebrated the journey of the Titans of Tech Awards and emphasized the importance of honouring past achievements. The 20th edition of the Titans of Tech Awards, held on Saturday with glamour and sparkle, began with a captivating performance by the national dance troupe, setting the stage for a memorable and exciting evening. The highlight of the evening…
News Highlights: NITDA explained the role of citizens in the Participatory Policy Framework The event highlighted the need for collaborative efforts. The forum also highlighted the key initiatives and future goals of the PPIF. The National Information Technology Development Agency (NITDA), in partnership with the Digital Transformation Center (DTC) Nigeria and the implementing organization Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), hosted a two-day event titled “Digital Policy Dialogue: Cooperate. Innovate.” The event which was part of the federal government’s continuous effort to foster inclusivity between it and citizens, aimed to engage stakeholders on the Participatory Policy Implementation Framework (PPIF). Director…
News Highlights: The cyberspace IDs are intended to protect citizens’ personal information, regulate authentication services, and support a trusted online identity strategy. A national service platform will authenticate and issue these IDs, which are currently proposed as voluntary. The proposal aims to prevent excessive data collection and retention by private companies, addressing concerns over corporate data leaks. Beijing may soon issue Cyberspace IDs to its citizens, after floating a proposal for the scheme last Friday, according to a report by theregister.com. Although the policy is only open for comments and not certain to be adopted, the IDs would serve to…
TECNO has signed a Memorandum of Understanding (MOU) to kickstart a project aimed at refurbishing a local football pitch in Lagos in a memorable event at the office of the Director General of the Lagos State Sports Commission. This signing marks the beginning of TECNO’s commitment to transforming underutilised fields into state-of-the-art training centres, nurturing raw talent into future stars, and providing underserved communities with a platform to achieve their potential. Lagos, the city of aquatic splendour, plays a pivotal role in this ambitious initiative. The signing ceremony, witnessed by key stakeholders, members of the Lagos State Sports Commission, and…
The ‘Giant in you’ campaign of FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and outside Nigeria. In its usual creative conjecture, 13-year-old FirstBank has hit the airwaves and other media outlets with various visuals to articulate its new campaign ‘The Giant in You’. Breaking down the central message, ‘there is a giant in you’ the campaign stylishly reminds the bank customer that ‘FirstBank Puts You First so you can’ before giving the match order, ‘Live…
Chima’s journey to stardom has reached its peak with his triumphant victory as the winner of Nigerian Idol Season 9, a well-deserved achievement celebrated by all. Empowered by TECNO, this season of Nigerian Idol has been nothing short of spectacular, showcasing incredible talent and delivering unforgettable moments. TECNO played a vital role in this journey, empowering all the contestants with their latest and most innovative CAMON device, the CAMON 30. As the grand prize winner, Chima has also been awarded an entire suite of TECNO eco products, including the TECNO PHANTOM V fold, the TECNO True 1 buds, the TECNO…