Author: ITPulse

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ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

Nigeria’s Minister of Innovation, Science and Technology, Chief Uche Nnaji, recently commissioned a state-of-the-art chemistry laboratory at the Federal University of Technology, Akure (FUTA) in Ondo State. This marks the seventh upgraded lab completed through a unique partnership between the National Office for Technology Acquisition and Promotion (NOTAP) and PZ Cussons Nigeria Plc. The new lab aims to bridge the gap between academia and industry by providing FUTA researchers with cutting-edge equipment. This will ultimately lead to stronger research and development (R&D) in Nigeria. The Minister, who was represented by Dr. Obiageli Amadiobi, Director-General of NOTAP highlighted the importance of…

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PalmPay has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay’s rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology. More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection. In 2024, some of the most influential fintechs in the world were included in the list, including Alipay, Nubank, Monzo, and Revolut. Six other African firms made the list: Flutterwave (Nigeria/US) –…

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The ‘Giant in you’ campaign of FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and outside Nigeria.  In its usual creative conjecture, 13-year-old FirstBank has hit the airwaves and other media outlets with various visuals to articulate its new campaign ‘The Giant in You’. Breaking down the central message, ‘there is a giant in you’ the campaign stylishly reminds the bank customer that ‘FirstBank Puts You First so you can’ before giving the match order, ‘Live…

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EMTECH, a leading software provider is set to launch a revolutionary product designed to empower Financial Service Providers (Fintechs) with proactive risk management and seamless regulatory compliance. Tagged ‘Beyond Compliance’, the solution will offer a holistic view of compliance checklists and workflows and ultimately, guide Fintechs through the process easily. Speaking during a virtual media roundtable yesterday, Carmelle Cadet, CEO and Founder of EMTECH explained that ‘Beyond Compliance’ will help players in the Fintech and financial industry ecosystem to navigate the current fragmented compliance landscape. “The current compliance landscape for Fintechs is fragmented and inefficient. Thus, ‘Beyond Compliance’ will offer…

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The global smartphone market, which slumped to its weakest performance in a decade in 2023, appears to be on the path to recovery. This positive trend is fueled by a gradual increase in sales volume, with the second quarter of 2024 marking the highest growth in three years, according to data from Counterpoint Research. Analysts believe this signals a shift towards a new market dynamic – one characterized by slower, but steadier, volume growth driven primarily by smartphone replacements. “The global smartphone market’s volumes are gradually recovering after reaching their lowest point in a decade in 2023,” says Ankit Malhotra,…

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The flight to stardom has reached its crescendo as Chima emerges victorious as the winner of Nigerian Idol Season 9, a victory well-deserved and celebrated by all. Empowered by TECNO, this season of Nigerian Idol has been nothing short of spectacular, showcasing incredible talent and delivering unforgettable moments. TECNO played a vital role in this journey, empowering all the contestants with their latest and most innovative CAMON device, the CAMON 30. As the grand prize winner, Chima has also been awarded an entire suite of TECNO eco products, including the TECNO PHANTOM V fold, the TECNO True 1 buds, the…

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By Martin Ekpeke A new report by Sophos, a cybersecurity leader, reveals a troubling trend for critical infrastructure, particularly in the energy and water sectors. These sectors saw a dramatic increase in median recovery costs from ransomware attacks, jumping to a staggering $3 million in 2024 – a fourfold rise compared to the previous year. This is significantly higher than the global average across all industries. The report, titled “The State of Ransomware in Critical Infrastructure 2024,” highlights the vulnerability of these essential services. Nearly half (49%) of ransomware attacks against energy and water providers exploited weaknesses in their systems.…

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Nigerian tech leader Henry Naiho has been recognized for his outstanding contributions to the ICT sector in Africa. He received the “Outstanding ICT Solutions, Innovation and Youth Empowerment Personality of the Year” award at the Africa’s Beacon of ICT Merit and Leadership Award held recently in Lagos. Naiho is a highly experienced professional with over 26 years in the ICT industry. His expertise spans project management, user experience design, and various technical areas like networks and software development. His impressive work history includes leadership roles at companies like Sasol, Userlytics Group, Stratosat Datacom, Zain Mobile, and Globacom. Driven by a…

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The African Public Relations Association (APRA) has called on its members to leverage Artificial Intelligence (AI) tools and associated technologies for insights towards the transformation of lives, the PR industry and contemporary life, with a caveat for ethical and responsible use of AI. This advice came in a message sent to members of the continental body by its president, Mr. Arik Karani. The message which came in commemoration of the 2024 World Public Relations Day (World PR Day) and resonates with the theme of this year’s celebration, “The Future of Public Relations in a Changing World”, noted that the unfolding…

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By Martin Ekpeke In today’s dynamic business world, innovation is no longer a luxury, it’s essential for survival. Leading companies, like Interswitch, Africa’s prominent integrated payments and digital commerce company, prioritize understanding customer needs and market trends. This allows them to develop cutting-edge solutions and adapt their business models for long-term success. Interswitch’s commitment to innovation has earned them a reputation as a top fintech leader in Africa. From their beginnings, they’ve navigated the financial landscape with agility, pioneering solutions that revolutionized the industry. They continue to solve payment challenges and collaborate with others to drive prosperity across Africa. Thus,…

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