In a bold and visionary move, TECNO Mobile has announced a groundbreaking initiative to renovate 100 football fields across AFRICA over the next five years. This ambitious project, aimed at enhancing community infrastructure and promoting the beautiful game, reflects TECNO’s deep commitment to the spirit of football. Notably, TECNO’s dedication to the sport is evident with its recent sponsorship at the just-concluded AFCON 2023, where the brand left an indelible mark on the global football stage. TECNO Mobile’s association with football reached new heights as the brand proudly sponsored the recently concluded AFCON 2023. As a prominent sponsor, TECNO not…
Author: DigitalTimesNG
The financial inclusion rate in Nigeria has improved. Since the country adopted an inclusion strategy in 2012, adult Nigerians with a bank account have increased, and now account for more than two-thirds of the financially included. According to the 2023 Report on Access to Financial Services in Nigeria, financial inclusion continues to expand and has been fuelled by marginal growth among the country’s banked population and major gains in non-bank formal adoption. Although approximately 40 million adult Nigerians remain formally excluded, formal financial inclusion was said to have grown from 56% in 2020 to 64% in 2023. In the last…
Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has reiterated the Agency’s commitment to support and catalyse the emergence/growth of northern Nigeria’s innovation ecosystem. This is because of the relatively low visibility of the Innovation ecosystem in Northern Nigeria, despite being a region with a hub of innovators, creatives, startups and several success stories. Inuwa reiterated this while delivering a keynote address during a ‘Stakeholders’ Engagement on the State of the Northern Innovation Ecosystem’, which was held in Abuja. Describing the event as “setting the sense of urgency for something to be done in favour of…
In the complex realm of distributed high-load systems, performance optimization is not just a matter of duty but an ever-present pursuit. AYODEJI OLOWE, a renowned software engineer with years of experience in distributed architecture, has spent many years perfecting approaches that address the inherent problems of scalability, consistency, and fault tolerance in big applications. His focus is on striking a fine balance between maintaining system performance and ensuring reliability under high workloads. At the centre of his approach is the understanding that improving performance in distributed systems requires a complete paradigm shift in how engineers find bottlenecks. Rather than taking…
The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5 per cent to 15 per cent. According to a circular signed by Dr. Hassan Mahmud, Director, Trade and Exchange Department of the CBN, this is in a bid to check global inflation and other challenges. The News Agency of Nigeria (NAN) reports that the PVS was initially introduced in 2022 to curb the over-invoicing of imports. It was mandated to ensure that prices of imported items that were above 2.5 per cent above the global average were queried. The PVS is…
Healthcare consulting firm, Salient Advisory has launched its latest Intelligence Report, presenting findings on funding activity, covering grant, equity, and debt investments for African healthtech startups in 2023. Titled “2023 RoundUp: Investments in African HealthTech”, the report provides analysis of funding trends in African healthtech ecosystems. It provides insights for key stakeholders across governments, investors, donors and global health institutions, and is funded by the Bill & Melinda Gates Foundation. While investments in African startups plummeted last year, mirroring global trends, healthtech showed resilience, experiencing only a 2% dip compared to a staggering 39% decline in the broader ecosystem. The…
As the lines between human and AI-generated content get blurrier by the day, tech companies are taking measures to keep users informed of what type of content they’re dealing with. For instance, every photo manipulated through Samsung’s new Generative Edit feature and every Generative wallpaper on the Galaxy S24 series has a small watermark and metadata to confirm its AI origins. For some time now, Meta has had in place a similar tool for photos created with the Meta AI image generator. This tool lets Meta users know when they’re seeing AI-generated content through simple text prompts, watermarks, and invisible…
YouTube TV users are getting a higher-quality video option for everything from binging their favourite shows to catching a live game. Google is rolling out a new setting called 1080p Enhanced for YouTube TV and Primetime Channels subscribers. The 1080p Enhanced setting improves on the existing 1080p60 resolution with its upgraded bitrate. Google confirmed the update after a Reddit user posted about it on the platform. The 1080p Enhanced setting “delivers our highest video quality,” according to the response. Reddit users who already have access to 1080p Enhanced report that the resolution is available for all of the same channels…
MultiChoice announced Monday it would not pursue talks with Canal Plus Group after its Board concluded the €2.5 billion offer significantly undervalued the company. On Thursday, Canal+ said a merger with MultiChoice would turn the African pay-tv business into a global media company. MultiChoice says Canal’s words need to be factored into the price, adding that it had recently carried out its valuation exercise, according to a report by Broadbandtvnews.com. “MultiChoice’s valuation excludes any potential synergies which may arise from the envisaged transaction. “In this regard Canal+ has, following the lengthy discussions between the parties, repeatedly conveyed to the public…
By Chukwuemeka Fred AGBATA (CFA) In the vibrant realm of technology and innovation, Anambra State emerged as a beacon of excellence at the 11th National Council on Communication, Innovation, and Digital Economy (NCCIDE) meeting held in Kano State. The unwavering commitment of the Governor and the collective efforts of the Solution team led to four prestigious awards during the peer review session, a testament to the state’s commitment to technological advancement. Minister of Communications, Innovation And Digital Economy, Dr. ‘Bosun Tijani (left) handing over one of the Awards to the Managing Director/Chief Executive Officer, Anambra ICT Agency, Mr. Chukwuemeka Fred…