Author: ITPulse

In a move aimed at making air travel more accessible amidst rising costs, the Federal Government has decided to officially launch a national “Fly Now, Pay Later” scheme for domestic travelers. The initiative, spearheaded by the Nigerian Consumer Credit Corporation (CREDICORP), marks a significant step in the government’s push to integrate consumer credit into the daily lives of Nigerians. By allowing citizens to spread the cost of airfare over several months, the government aims to cushion the effect of the high cost of living on the middle class and business travelers. In a statement, CREDICORP said the programme is designed…

By Epiphanus Obia The Federal Government’s announcement on Tuesday, March 17, of launching a “Fly Now, Pay Later” scheme for domestic air travel has made headlines, and sparked the debate about whether the government is solving the right problem. The news has shone light on a revolution that has been building for years and is now reshaping how millions of Nigerians access everything from their smartphones to their electricity, their education, and now their airline seats. Nigeria is in the middle of a Buy Now, Pay Later revolution. And most people have not noticed because it does not look like…

By Epiphanus Obia Angela Lipps was babysitting four children at her home in Tennessee last July when federal marshals arrived at her door with guns and arrested her. The 50-year-old grandmother who had never been arrested in her life, was handcuffed and charged with bank fraud that happened in North Dakota, a state she had never visited before. The evidence against her was a single identification made by an artificial intelligence facial recognition system. The Fargo Police Department, which operated the system, made no further attempts to verify the match before authorising her arrest. Lipps spent nearly six months in…

As the digital landscape in West Africa undergoes a rapid transformation, Olumide Balogun, Director at Google West Africa, has outlined how Artificial Intelligence (AI) is fundamentally rewriting the rules of commerce and consumer curiosity in Nigeria. According to Balogun, Nigerians are natural explorers, whether they are navigating the stalls of Balogun Market or hunting for the best travel deals out of Lagos. However, he notes that the way this curiosity is expressed is evolving from simple typing to speaking, snapping photos, and asking complex, conversational questions. To help local business owners stay visible, Balogun highlighted four key shifts driven by…

Payments Forum Nigeria (PAFON), Nigeria’s premier platform for digital finance stakeholders, has officially announced the third edition of its flagship event, PAFON 3.0. The high-level gathering is scheduled for Friday, April 24, 2026, at the Oriental Hotel, Lagos. It will bring together the brightest minds in banking, fintech, and regulation to navigate the rapidly evolving financial landscape. Under a central theme of exploring emerging trends, PAFON 3.0 will unite over 600 industry professionals and more than 20 expert speakers. The forum serves as a critical junction for banks, fintechs, telcos, and policymakers to collaborate on the future of digital payments,…

By Martin Ekpeke In the bustling heart of Ile-Epo Market in the Abule-Egba area of Lagos, Hassan doesn’t trade in stocks or bonds; he trades in yams, tomatoes, sweet potatoes and other perishable items, leveraging WhatsApp status updates. For him, a stable connection is the difference between a day of sales and a hungry evening. “I load 2,000 Naira data in the morning,” he told ITPulse, waving his phone at a nearby cell tower as if it were a witness to a crime. “By lunch, I get a message saying it’s 90% gone. I haven’t watched one video! Just chatting…

By Martin Ekpeke The economic corridor between the United Kingdom and Nigeria has reached a historic turning point as President Bola Ahmed Tinubu commences a State Visit to the United Kingdom later today. The visit catalyzes a massive wave of reciprocal investments, spearheaded by a £100 million commitment from fintech giant LemFi and a £24 million manufacturing expansion by British legacy brand Twinings Ovaltine. The surge in activity, underpinned by the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP), marks a shift from traditional aid-based relations to a high-value strategic alliance focused on financial services, technology and the creative economy. Nigerian…

FairMoney Microfinance Bank, a technology-driven financial institution, has announced the strategic appointments of Gbenga Shobo as Chairman of the Board and Debo Aderoju as Executive Director and Chief Risk Officer. These appointments signal a major milestone in FairMoney’s institutional evolution, transitioning from a high-growth fintech to a full-service microfinance bank. The move underscores a deepened commitment to world-class corporate governance, regulatory excellence, and sustainable expansion within Nigeria’s digital financial services sector. The appointment of Gbenga Shobo as Chairman brings over 35 years of deep-sector experience to FairMoney. A celebrated figure in African banking, Mr. Shobo previously served as the Deputy…

Smartphone brand, vivo, recently brought high-energy excitement to its Exclusive Store in Ikeja for the SuperDay 2026 celebration, as the event featured popular Nigerian entertainer and internet sensation, Carter Efe, who joined fans to showcase the endurance and performance of the newly launched vivo Y31d. The celebration drew a diverse crowd of tech enthusiasts, content creators, and shoppers eager to experience how the Y31d integrates into an active, digital-first lifestyle. Carter Efe, known for his relentless online presence, demonstrated how the device’s massive 7200mAh battery effortlessly handles the heavy demands of social engagement and content creation. Speaking during the event,…

Duplo has achieved a significant regulatory milestone by securing both the Systems Integrator (SI) and Access Point Provider (APP) licenses from the Nigeria Revenue Service (NRS). The dual accreditation positions Duplo as a primary service provider just ahead of the mandatory July 1, 2026, e-invoicing deadline for medium-sized taxpayers. Commenting on the development, Yele Oyekola, CEO and Co-Founder of Duplo, emphasized that the move is about more than just meeting regulatory requirements. “This isn’t just about compliance; it’s about closing the loop. Our dual-license status allows businesses to bridge their existing ERPs directly to the national e-invoicing architecture, ensuring that…