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…
Author: DigitalTimesNG
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…
Innovation Lab to drive Africa’s digital transformation and sustainable development MTN Group, in partnership with Huawei, officially inaugurated the Technology Innovation Lab at MTN Group’s headquarters. This milestone marks a significant advancement in their ongoing collaboration across diverse digital fields. Initially announced during MWC 2024, when the parties signed a Memorandum of Understanding, the establishment of the lab aims to further deepen their collaboration, accelerating digital transformation and sustainable development across Africa. Digital TimesNG understands from a post on MTN website that the Technology Innovation Lab is poised to be a catalyst for digital progress in Africa. By fostering cross-regional…
The Nigerian Bar Association (NBA) has stated that an electronic voting system will be used for its 2024 election, according to a report in The PUNCH. The NBA explained that this decision will allow members of the association to participate in the election seamlessly from their different locations, according to the report culled from The PUNCH by Digital TimesNG. The association’s Electoral Committee, led by Oluseun Abimbola (SAN), disclosed this during the opening of the nomination forms in Abuja on Tuesday. The PUNCH reports that the NBA election is scheduled for July 20, 2024, and all registered members from branches…
South Africa’s eCommerce sector is expected to exceed USD21 billion by 2025, with more than one billion transactions per year. This is largely due to the proliferation of smart devices and the expansion of internet connectivity which has created a viable environment for eCommerce to thrive in the country. Additionally, the increasing integration of eCommerce platforms with various advanced technologies such as cloud computing, artificial intelligence and predictive analytics is also significantly driving the growth of the South African eCommerce market. As a result, the country is becoming a significant player in the global e-commerce industry. Indeed, the rise of…
TECNO has officially unveiled the highly anticipated CAMON 30 series, setting a new standard for innovation and excellence in mobile technology. This groundbreaking series, launched on April 2nd, promises to revolutionize the smartphone experience with its cutting-edge features and capabilities. In addition, TECNO is celebrating the launch with an incredible First Sales Promo for the CAMON 30 series. Customers who purchase any device from the CAMON 30 series during this special promotional period will receive exclusive benefits. These include a generous 100-day broken screen warranty, ensuring peace of mind for users. Additionally, buyers will receive the CAMON 30 gift box…