Players in the innovation ecosystem have been urged to work together rather than working individually in order to accomplish sustainable innovation. This call was contained in a speech delivered by the Director-General, National Information Technology Development Agency, NITDA, Kashifu Inuwa Abdullahi at the Innovation Support Network (ISN) 2023 Annual Gathering with the theme “Unlocking Potential: Collaborating for Growth and Impact’’ at the Shehu Musa Yar’adua Centre, Abuja. Inuwa emphasised that the tech industry thrives on collaboration and over 60% of global innovation now involves some form of cross-organisational collaboration. “A 2020 report by Microsoft indicates that over 95% of Fortune…
Author: DigitalTimesNG
The agreement will see NASENI and REA light up rural areas in Nigeria The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, and the Managing Director/CEO of the Rural Electrification Agency (REA), Mr. Ahmad Salihijo Ahmad have agreed to work together to deploy NASENI Solar resources and other renewable energy technologies, to increase electricity supply to Nigeria’s rural areas. This commitment was the outcome of discussions between the two chief executives in Abuja on Friday, September 15, 2023, when the EVC/CEO of NASENI visited the Rural Electrification Agency (REA) office as part…
Labour Institute said Danbatta was honoured for empowering national workforce The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, was recently decorated with the award of Fellowship of the Nigeria Institute of Labour (NIL) under the Federal Ministry of Labour and Employment by the Michael Imoudu National Institute of Labour Studies (MINILS). At the conferment ceremony in Abuja recently, which was part of the series of events marking the 40th Anniversary/Founders Day of the Institute, the Director-General of the Institute, Isa Aremu, said Danbatta was being recognised for his exemplary contributions and that of his team to…
By Olamiposi OGUNYEMI In today’s rapidly evolving technology landscape, large-scale distributed systems are at the core of modern applications, covering every detail from e-commerce platforms to global financial technologies. As a Senior Software Engineer, navigating the complexities of these systems is a daily routine task that requires a deep understanding of dependencies and consistency. This article explores the intricate world of complex systems engineering, focusing on practical approaches to managing dependencies and ensuring consistency across large-scale distributed systems. Large-scale distributed systems consist of interconnected components working together to form a unified system. These systems are identified by their fault tolerance,…
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…
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…