By Martin Ekpeke As Nigeria transitions to a new fiscal era, KPMG Advisory Services has raised significant concerns regarding the country’s recently implemented tax framework. While the firm acknowledges the potential for increased revenue, it warns that “inherent errors, inconsistencies, gaps, and omissions could stifle economic growth and hinder the very objectives the laws were designed to achieve. The suite of legislation, which includes the Nigeria Tax Act (NTA) and the Nigeria Tax Administration Act (NTAA), became effective on January 1, 2026. However, the rollout has already been marred by confusion. Discrepancies between the bills passed by the National Assembly…
Author: ITPulse
The Ibom Blockchain Xperience (IBX), West Africa’s largest blockchain campaign and gathering, is set to take place March 10–14, 2026, targeting over 12,000+ participants, 200+ blockchain companies, and 60+ speakers from Africa, Europe, Asia, and North America. IBX 2026 continues its mission to make West Africa a global blockchain hub by accelerating adoption, fostering collaboration, and demonstrating real utility beyond speculation. The movement is fueled by the region-wide IBX Tour, which has already reached multiple Nigerian cities, onboarding thousands through grassroots engagements. The Tour recently made headlines after facilitating West Africa’s first local market cryptocurrency payment for physical goods, signaling…
In a major win for consumer rights, Mobile Network Operators (MNOs) and banks have refunded over ₦10 billion to subscribers for failed airtime and data transactions, a statement, signed by Nnenna Ukoha, Head of Public Affairs at the NCC has disclosed. This comes as the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) prepare to launch a new regulatory framework on March 1, 2026, designed to end the era of “debited without value” complaints. The framework is the result of months of collaboration between financial and telecommunications regulators, banks, and service providers. It aims to eliminate the…
The cybersecurity landscape is evolving rapidly, with organisations seeking more robust ways to protect their digital assets. A recent global study conducted by Kaspersky reveals a growing shift toward proactive security strategies, particularly the adoption of Secure by Design development and Cyber Immunity – an innovative approach that embeds resilience directly into system architecture. The study highlights that 90% of cybersecurity professionals surveyed in the Middle East, Turkiye and Africa (META) region are familiar with Secure by Design development. This methodology integrates security into the very fabric of a system from its inception, rather than treating it as an afterthought. Such…
Data streaming has evolved from a niche technical capability to a cornerstone of modern business strategy. A new research report by Conduktor, an intelligent data hub for streaming data and AI, reveals that large organizations across the US and Europe are already reaping significant rewards from their investments in real-time data. The study, which surveyed 200 senior IT and data executives at companies with annual revenues exceeding $50 million, identifies the core drivers behind the technology’s rapid adoption. According to the report, organizations are deriving the most significant benefits in three specific areas: Companies are using data streaming to provide…
In a significant move to propel the nation into the forefront of the global digital economy, the Federal Government has announced the establishment of the National Artificial Intelligence Centre of Excellence (NACE) at the University of Jos (UniJos). The announcement was made by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, during the 50th Convocation Ceremony of the university. He said the center is designed to serve as a hub for cutting-edge research, talent development, and technological breakthroughs. The launch of the NACE marks a strategic investment in Nigeria’s intellectual infrastructure. According to Dr. Tijani, the choice…
For many Nigerians living with albinism, the greatest struggle is not their skin sensitivity, fragile eyesight or the scorching sun — it is being seen, heard and treated as complete human beings. That truth echoed powerfully last Saturday when the Consumer Advocacy and Empowerment Foundation (CADEF) partnered with the Albino Empowerment Foundation to host an empowerment and listening session for Persons Living With Albinism (PLWA). What unfolded was not a charity event defined by handouts, but a deeply human gathering shaped by lived experiences, courage and a collective demand for dignity. Speaking at the event, CADEF’s Executive Director, Professor Chiso…
PalmPay, a leading force in Africa’s digital banking sector, has officially opened its newest office at 33 Old Yaba Road, Lagos. The expansion marks a significant milestone in the company’s mission to scale financial inclusion and enhance its operational infrastructure within Nigeria’s premier technology hub. The move to Yaba—often referred to as Nigeria’s “Silicon Lagoon”—places PalmPay at the heart of the country’s innovation corridor. The new workspace is designed to foster cross-functional collaboration among its rapidly growing team, ensuring the platform can continue to support its massive transaction volume and diverse user base. PalmPay has achieved massive scale since its…
Konga has officially launched its first major shopping event of 2026, titled Konga Jara. Inspired by the Nigerian tradition of giving “jara”—that extra value added to a purchase—the campaign is designed to help Nigerians kickstart their New Year goals with significant savings on essential technology and lifestyle products. The centerpiece of the campaign is a 25% discount on Starlink internet kits, which also includes free nationwide delivery. Recognizing that reliable connectivity is the backbone of remote work, online education, and digital entrepreneurship in 2026, Konga is making the satellite technology more accessible to households and businesses. To qualify for the…
Bitcoin has rallied by 6% following the intensification of the political and financial crisis in Venezuela, pushing the world’s leading cryptocurrency back into the $92,000–$94,000 range. Financial experts, including Nigel Green, CEO of deVere Group, suggest that the situation in Venezuela is acting as a real-time barometer for global geopolitical risk. As Washington ramps up pressure on Caracas, investors are increasingly turning to digital assets to hedge against sanctions, capital controls, and regional instability. Gold was the undisputed leader of safe-haven assets for many years. However, the year 2026 is witnessing a structural shift in how investors construct their portfolios.…
