News Highlights: The US plans to ban the sale of Russian firm Kaspersky’s antivirus software due to its alleged links to the Kremlin. The ban, effective from 29 September, restricts downloads, resales, and licensing of Kaspersky software, with violators facing fines. Kaspersky has denied engaging in activities threatening US security and intends to pursue all legal options against the ban. The US has announced plans to ban the sale of antivirus software made by Russian firm Kaspersky due to its alleged links to the Kremlin, the BBC reports. Moscow’s influence over the company was found to pose a significant risk…
Author: DigitalTimesNG
Billionaire businessman, Mr. Femi Otedola, has increased his stake in FBN Holdings, with the additional purchase of N546, 674, 034 units of shares valued at N12.01 billion. Information from the Nigerian Exchange Limited (NGX) on Thursday revealed that Otedola bought the shares through Calvados Global Services Limited for N21.97 per share at the Exchange. Recall that Otedola before now had a 7.01% stake in the bank, behind Oba Otudeko’s Barbican Capital Limited which holds an 8.67% stake. Otedola has had investments in port agency, shipping, storage, and insurance brokerage. In 2007, he acquired a controlling interest in African Petroleum, which…
In the news: PalmPay’s Extensive User Base and Unique Features Referral Program and Sports Betting Opportunities Cashback, Discounts, and In-App Promotions If you need an additional source of income, you should look no further than Nigeria’s thriving digital banking industry. You’ll find the best business opportunity there, with PalmPay being the most rewarding fintech to bank with. With over 30 million users and 1.1 million businesses, including 600,000 merchants and 500,000 agents as part of its cashless payment ecosystem, PalmPay is a perfect platform for those looking to make money in the digital banking space. One major reason why PalmPay…
The flight to stardom with the Nigerian Idol Top 7 took a brief detour at the TECNO Exclusive Store in Ikeja City Mall, where fans got to spend the day with their favourite Idol. The atmosphere was electric as the top 7 contestants arrived, ready to connect with their supporters and showcase their talent. Milen Oyinlola, PR/Media Manager for TECNO, warmly welcomed the Top 7 contestants. The visit started with a detailed presentation of the CAMON 30 Pro 5G by a TECNO team member, highlighting its cutting-edge features and sleek design. This segment set the tone for a day filled…
…All Acer Monitors Produced Locally Will Carry A Three-Year Warranty. In the news: Acer has begun producing monitors in South Africa as part of a localisation strategy. The initiative is aimed at job creation and economic growth. Acer’s locally produced monitors will include consumer, commercial, and gaming models. Acer has started producing monitors in South Africa as part of its localisation strategy, according to an IT-Online report. The new monitor production programme aims to significantly contribute to job creation in South Africa’s technology sector. Additionally, the company recognises that providing affordable access to technology is essential for economic growth and…
…Trend Micro New Security Solution Using NVIDIA NIM Unveiled At COMPUTEX In the news: Trend Micro unveiled a new data centre solution using NVIDIA technology for businesses and governments at COMPUTEX 2024. This solution tackles the challenges of next-generation AI-driven data centres by offering efficient threat detection and response capabilities. The integration showcases Trend Micro’s commitment to enhancing AI security and meeting the evolving demands of AI-driven environments. Trend Micro Incorporated, a global cybersecurity leader, has announced plans to demo a new data centre solution, using NVIDIA technology, for security-conscious business and government customers harnessing the power of AI. Digital…
In the news: Access Bank has partnered with SCIDaR to address financing challenges for over 200,000 health SMEs in Nigeria. SCIDaR will strengthen the capacity of these SMEs through technical support services, including entrepreneurship and financial management training. This collaboration aims to prepare health SMEs for investment and foster sustainable relationships with Access Bank. Access Bank has signed a deal with Solina Centre for International Development and Research (SCIDaR), to tackle financing challenges faced by over 200,000 health Small and Medium Enterprises (SMEs) in Nigeria. SCIDaR is a prominent non-profit organisation spearheading impactful health interventions across Africa. Access Bank said…
Gunmen have abducted the Managing Director of Fouani Nigeria Limited, a popular general electronics distributor along with three Lebanese while travelling by boat in Lagos. Fouani Nigeria Limited is a multinational company that represents LG, Hisense, Maxi, Huawei, and Jinko, among others. Although the names of the victims have not been ascertained, PUNCH Online learnt that they were abducted around Falomo Bridge while traveling from Apapa to Victoria Island Friday evening. A source familiar with the incident, who spoke on condition of anonymity because of its sensitive nature, told PUNCH Online that the gunmen had reached out, demanding a $1.5…
Highlights of the news: Call for a review of Nigeria’s school curriculum to incorporate digital skills across all educational levels. The importance of integrating digital technology into education to produce a skilled workforce and foster national development. Need for a competency-based, outcome-focused curriculum to meet the demands of the 21st century. Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has emphasised the urgent need to work together to review the existing school curriculum and develop a comprehensive one that incorporates digital skills at all educational levels. Inuwa said this is in line with President Bola Ahmed…
-PalmPay Is Running The Campaign In Partnership With iLOT, BetWay, BetCorrect, AccessBet And BetKing -PalmPay Says Big Prizes Await Winners In Bet And Win Promo In the news: UEFA EURO ‘24 Football Fiesta kicks off tonight in Berlin, Germany. PalmPay’s special betting deposits campaign allows participants to make betting deposits. PalmPay is offering Nigerians a chance to win fantastic prizes, including an iPhone 15 Pro and cash rewards. The UEFA EURO ‘24 Football Fiesta starts tonight in Berlin Germany, with 24 European countries participating in the one-month tournament. PalmPay, a leading digital bank, is offering Nigerians an exciting opportunity to…