Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, represented by the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has met with Dr. M.M. Tripathi, the Director-General of the National Institute of Electronics and Information Technology (NIELIT), India. The meeting, which was part of the Federal Government‘s participation at the G20 Summit in India, was aimed at fostering a deeper understanding of the Indian digital economy and exploring avenues for knowledge sharing and collaboration. The discussions covered topics ranging from digital skills development to cybersecurity and innovation. Speaking on behalf of Dr. Tijani, Inuwa…
Author: DigitalTimesNG
BuuPass continues to forge forward, retaining its commitment to revolutionising the transport industry, and making bus ticket booking a seamless, pleasant experience for all BuuPass, the trailblazing Kenyan digital bus ticketing powerhouse, celebrated a groundbreaking milestone – eclipsing the 10 million mark in ticket sales through its advanced, user-friendly platform. This remarkable journey began in 2016, driven by a spirited vision of transforming the bus ticketing sector from a manual to a digital frontier. To commemorate this monumental accomplishment, BuuPass recently orchestrated a vibrant networking event that highlighted its journey of innovation and resilience. The event turned into a hotspot…
Fidelity Bank Plc has completed a 100 per cent acquisition of Union Bank UK Plc (UBUK) as part of its aggressive expansion plan, even as it plans to expand to five African countries. Recall that Fidelity Bank Plc had entered into a binding agreement to acquire a 100 per cent equity stake in Union Bank UK Plc in August 2022. The acquisition, which is in line with its expansion drive beyond the Nigerian market, was subject to the approval of the Prudential Regulatory Authority of the United Kingdom, which has now been approved. Disclosing the announcement through a press statement…
Zoho’s intentions for expansion come as the business is betting on its new Ulaa web browser to become a dominating player in the future. Zoho, a global technology business, is now spreading its wings across the continent in order to establish a foothold, according to a report by ITWeb Africa. Zoho, which grew its revenue in South Africa by 73% last year, said as part of its expansion strategy, it is establishing offices “across various countries in the region.” It says that in addition, it is also hiring locally for customer-facing roles and will continue to do so over the…
53% of respondents who fell victim to online scams, were convinced the offer was legitimate because the website looked real, while nearly 48% of the scams were financial. The just-released KnowBe4 2023 Online Scams and Victims in Africa Report shows that nearly half of the survey participants have fallen victim to an online scam at least once, losing thousands of dollars in the process and compromising their personal data. The report is based on a survey of 800 respondents across eight African countries namely Nigeria, South Africa, Kenya, Ghana, Morocco, Egypt, Mauritius, and Botswana. According to the report, 53% of…
Swap is a digitized FX solution that provides a seamless digital platform for users Flutterwave, in collaboration with Wema Bank and Kadavra, has launched Swap, a product aimed at digitising access to foreign exchange for Nigerians. Flutterwave said in a statement that this solution simplified and enhanced the FX experience, providing a seamless digital platform for users, the firms said. It further stated that Swap users would receive specialised cards, offering a convenient and digitised solution for managing personal and business travel allowances. Chief Executive Officer of Flutterwave, Olugbenga Agboola, said “At Flutterwave, our dedication to innovation is matched only…
There have been calls for new AI regulations early in the industry’s lifecycle, which some lawmakers see as a welcome contrast to the social media industry that has resisted regulation. As calls for AI regulations intensify, some of the most influential voices in the tech industry are meeting with the US Senate this Wednesday morning as lawmakers prepare to draw up legislation regulating the fast-moving artificial intelligence industry. CNN reports that among those attending the in-person event will be the CEOs of Anthropic, Google, IBM, Meta, Microsoft, Nvidia, OpenAI, Palantir and X, the company formerly known as Twitter. The guest…
In response to a historic commitment from the Group of 20 Leaders to halve the digital gender gap by 2030, USAID is also launching the Women in the Digital Economy Initiative. USAID has launched the Women in the Digital Economy Initiative, following the G20’s commitment to halve the digital gender gap by 2030. USAID is the United States Agency for International Development primarily responsible for administering civilian foreign aid and development assistance. This initiative brings together governments, private sector companies, foundations, civil society, and multilateral organisations to accelerate progress in closing the gender digital divide. Governments and organisations worldwide have…
Google.org is investing $20 million in the Digital Futures Project and a fund to promote responsible AI development. This initiative aims to answer crucial questions about AI’s impact on global security, labor markets, and more. Google.org, the charitable arm of Google, is allocating $20 million towards the advancement of responsible AI development through the Digital Futures Project and an associated fund, according to a report by DigWatch. This endeavour is focused on tackling critical societal inquiries related to AI’s influence on global security, labour markets, and its role in enhancing productivity and economic growth for governments. The primary objectives of…
PORS makes complaint resolution process easier and faster The Chairman, Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba on Monday, unveiled an app, Power Outage Reporting System (PORS), which will make the complaint resolution process easier and faster in the country. Garba who tasked all the electricity consumers to key into the initiative, while launching the online app in Abuja, added that the PORS innovation can be downloaded from the Apple or Google Play store, disclosing that its operations are so simple that all cadres of customers can perform it. He said that the technology is packaged to facilitate the resolution…