Author: ITPulse

Sophos, a global leader in innovative security solutions, today released its State of Ransomware 2025 Report, revealing five significant findings about the evolving landscape of ransomware attacks. The report indicates that nearly 50% of companies paid the ransom to recover their data, marking the second-highest rate of ransom payment in six years. This year’s report is the sixth edition of Sophos’ vendor-agnostic survey, which gathers insights from IT and cybersecurity leaders across 17 countries to understand the impact of ransomware on businesses. Five Key Findings: More Companies are Stopping Attacks in Progress: 44% of companies were able to halt ransomware…

Data presented by Stocklytics has shown that Nvidia has climbed to the top of the elite group, becoming the fifth most valuable brand globally with a value of $500 billion, overtaking global giants like Facebook, Instagram, and McDonald’s. Nvidia’s meteoric rise began around 2016 but accelerated sharply from 2020 onward. Once known mainly to gamers and chip enthusiasts, the company has become one of the world’s most valuable companies and a symbol of the AI revolution. Riding the wave of the AI boom, Nvidia’s brand value has skyrocketed, placing it ahead of global icons like Facebook, Instagram, and McDonald’s. According…

Stakeholders from Nigeria’s transportation sector and law enforcement agencies are calling for a collaborative approach, increased safety education, and standardized regulations to tackle the security challenges posed by ride-hailing services. This consensus emerged from the inDrive Safety Education Summit 2.0, held on Friday, June 20, 2025. Timothy Oladimeji, Country Representative for inDrive Nigeria, stated in his welcome address that the summit aimed to generate insights that would help inDrive collaborate with other stakeholders to ensure the safety of both drivers and riders. The summit also sought to bridge the education gap among users regarding inDrive’s safety features. Oladimeji emphasized that…

The rapid adoption of Artificial Intelligence (AI) in the business sector, while boosting efficiency, has introduced a significant risk: employees using unauthorized AI tools. Data from Stocklytics.com reveals that half of all professionals have used unapproved AI tools at work, directly exposing sensitive company data to potential breaches. AI has transitioned from an experimental technology to a fundamental part of business operations across diverse industries. As of 2025, 56% of companies have already integrated AI, with an additional 32% just beginning their AI journey. While the benefits of AI in automating tasks like data analysis, customer service, and content creation…

In a rousing declaration that is electrifying minds across the continent, Hon. Nnaemeka Ani, Special Adviser on ICT to Enugu State Governor, Dr. Peter Mbah, has called for a homegrown digital revolution under the banner “Africa Will Rise: By Code, By Courage, By Us.” The message, part challenge, part philosophical, seeks to galvanize African innovators to move beyond buzzwords and build technology with impact and legacy in mind. Let’s stop building for hype. Let’s start building for legacy,” Ani urged while speaking to ICT journalists over the weekend. “Let’s stop waiting for someone else. Let’s start creating the future—on our…

By Chimezie Orisakwe There is an African proverb that says, “What an elder sees sitting down, a young man cannot see even if he climbs a tree.” This timeless wisdom speaks to the far-reaching foresight of elders and pioneers whose quiet convictions and brave steps shape futures others have yet to imagine. Often, it is on the solid foundation of their sacrifices that newer generations advance. Nigeria’s flourishing digital ecosystem owes a profound debt to such visionary architects, individuals who, with unwavering resolve, laid the first stones for the technological advancements the nation now builds upon. Among these titans stands…

In a significant stride toward bolstering national security through technological innovation, Galaxy Backbone Limited (GBB), Nigeria’s premier provider of ICT infrastructure and digital services, has officially partnered with the Nigeria Police Trust Fund (NPTF). This collaboration aims to develop and integrate Smart Police Stations across Nigeria, a move set to revolutionize the country’s security architecture. The Memorandum of Understanding (MoU) was formally signed at Galaxy Backbone’s Corporate Headquarters in Abuja, with both organizations committing to fostering a more secure, connected, and technologically advanced Nigeria. Professor Ibrahim Adeyanju, Managing Director/CEO of Galaxy Backbone, emphasized the critical role of this partnership in…

In a significant stride towards bolstering Nigeria’s innovation and technology ecosystem, the National Information Technology Development Agency (NITDA) has officially commenced the establishment of an $11.2 million innovation hub in Abuja. This transformative initiative is a result of a strategic partnership with the Japan International Cooperation Agency (JICA), aiming to accelerate Nigeria’s economic diversification through industrialization and digitization. The formalization of this collaboration saw the signing of an agreement for the implementation of the Startup Hub Project between NITDA, represented by its Director General, Kashifu Inuwa, and a consortium of Japanese consultants, including Oriental Consultants Global Co. Ltd., Intem Consulting…

By Ivy Samuel Coscharis Technologies and Tenda, a global provider of networking solutions, are strengthening their long-standing partnership to enhance Nigeria’s digital infrastructure significantly. This collaboration was highlighted at a recent partner engagement and product launch in Lagos, themed “Connected to Win – For a Better Networking.” Driving Nigeria’s Digital Future The event served as a platform to showcase Tenda’s latest array of high-performance networking solutions and reinforce the shared commitment of both companies to power Nigeria’s digital transformation. Joseph Agema, Sales Manager for Tenda Nigeria, emphasized that this event marks a new phase in their four-year partnership with Coscharis Technologies.…

By Martin Ekpeke The Nigeria Inter-Bank Settlement System (NIBSS) has launched its groundbreaking National Payment Stack (NPS), a revolutionary payment solution set to redefine instant transactions and usher in a new era for Nigeria’s digital economy. The NPS, building on the 14-year legacy of NIBSS Instant Payments (NIP) – Africa’s first real-time account-based digital payment solution – was unveiled in Lagos, marking a significant milestone in the country’s financial landscape. According to Mr. Premier Oiwoh, the Managing Director of NIBSS, the NPS is not merely an upgrade but a foundational shift designed to prepare Nigeria for the future of digital…