By Yuliy SHENFELD It is said that small and medium-sized enterprises mostly rely on internal finances or cash from friends and family to begin, and initially manage their businesses. According to a report by the World Bank, this is because they are less likely to be able to secure bank loans, compared to large companies. The International Finance Corporation (IFC), in a recent report, estimated that 65 million businesses, or 40% of MSMEs in developing countries, have an annual unmet financing need of $5.2 trillion, translating to 1.4 times the amount of global MSME lending at present. In Nigeria, there…
Author: DigitalTimesNG
• FirstBank’s sponsorship of Timeless is the third time it is supporting Davido since it first supported Davido’s 30 Billion concert in 2017.
• The support of the timeless concert is part of the Bank’s First@arts initiative.
• First@arts by FirstBank showcases and facilitates the successes of the art and entertainment industry to the world.
Applications are open for early and growth-stage health tech innovators
Africa’s leading neobank’s expansion into Rwanda aims at making digital banking accessible to all remote workers & professionals on the continent while ensuring access to fast and reliable internet connection
OPPO, a global technology brand, has again outdone itself with the stunning Reno8 T series launched in Nigeria in March. For starters, the smartphones became an instant hit, with their pre-orders selling out in days and achieving a record industry feat while receiving many positive reviews from Tech enthusiasts and recording high customer demand trooping into retail outlets to purchase after the Pre-order period. Consisting of 2 brilliant models – the 5G and 4G versions, the Reno8 T series have become game-changers in the mid-range smartphone market. The “Portrait Master” 5G model offers premium features such as an impressive 108MP…
By Peter OLUKA Elon Musk’s SpaceX’s Starship rocket — which could one day carry humans to the moon and Mars — made it some four minutes and 24 miles into the sky before it exploded during its inaugural test flight last Thursday. And yet, even as they watched the world’s largest rocket burst into a fireball, SpaceX engineers still roared with cheers and applause. The launch was hailed as “a real accomplishment” and “so successful”. Why? “With a test like this, success comes from what we learn, and today’s test will help us improve Starship’s reliability as SpaceX seeks to…
AMS-IX, one of the largest Internet Exchange operators in the world, and MDXi, an Equinix company, have announced the launch of a new Internet Exchange in Lagos, Nigeria. The new Internet Exchange, AMS-IX Lagos, is situated in the carrier-neutral data center of MDXi, an Equinix Company. Under the terms of the partnership, MDXi will serve as the commercial partner of AMS-IX and the regional sales and marketing arm for AMS-IX Lagos. AMS-IX will run the technical and operational management of the exchange. AMS-IX Lagos aims to become an important content hub for West Africa, enabling regional and local ISPs, carriers,…
The Nigerian Communications Commission (NCC) will be leading other stakeholders to the 2023 edition of eBusiness Life Communication Limited organised International Girls in ICT Day campaign for young girls. The event, which will hold at the Lagos Oriental Hotel on May 11, 2023, is part of an annual campaign initiated by the International Telecommunications Union (ITU) to sensitise and encourage young women and girls to delve into ICT and related careers, which have been dominated by the male gender. Themed “Digital Skills for Life,” the NCC’s support for this year’s event underscores the importance of the campaign that throws more…
Airtel Nigeria has unveiled VoLTE, a technology that offers a top-notch call experience to users. The launching took place at an event recently held at the Airtel Headquarters, Lagos. With the launch of VoLTE, all Airtel customers can make crispy clear calls on the 4G network and platforms such as the IP Multimedia Subsystem (IMS), while enjoying the advantage of an HD voice available on Android and iOS devices. Airtel Nigeria Director of Marketing, Ismail Adeshina said that Airtel is committed to leveraging innovations that guarantee amazing experiences while offering value to customers. “In line with the provision of a 4G…
This article highlights the significance of focusing less on products and more on people