Author: ITPulse

Pashione, a leading African social commerce platform specializing in fashion, has announced its successful expansion into ten African countries. This growth allows consumers across the continent to discover and shop African fashion through the Pashione mobile app. Founder Michael Fasere revealed that Pashione’s expanded reach includes key markets like Nigeria, Kenya, and South Africa, along with other countries such as Lesotho and Senegal. This strategic expansion was achieved through securing licenses in these key markets. “Pashione expanded its geographic footprint by securing licenses in key markets. This growth allowed us to onboard over 960 vendors across 10 African countries, empowering…

Lagos welcomes a new radio powerhouse: Konga FM 103.7. This innovative hit music and commerce station blend entertainment with unique commercial opportunities, setting a new standard for broadcasting. Listeners in Lagos can tune in at 103.7 FM, while a 24/7 online stream at KongaFM.com extends its reach globally. Currently, in its test phase, Konga FM encourages listener feedback and engagement. As part of its soft launch, the station is offering an unprecedented opportunity for businesses. For two weeks, businesses of all sizes can advertise for free on a first-come, first-served basis. This initiative aims to stimulate economic activity by providing…

By Martin Ekpeke Tope Dare, a financial expert and ATM salesman, has pointed to several factors explaining the rising popularity of Point-of-Sale (POS) terminals over Automated Teller Machines (ATMs) in Nigeria. He highlighted the stark difference in deployment numbers: as of March 2024, Nigeria had approximately 2.7 million POS terminals compared to fewer than 21,500 ATMs, demonstrating a clear preference for POS services. Dare in his recent article titled ‘The Battle for Cash: ATMs vs. POS Operators’, explained that the ATM network faces significant challenges, including low withdrawal limits (often ₦5,000–₦10,000 per transaction, forcing multiple withdrawals), frequent cash shortages, and…

The financial landscape in Nigeria has undergone significant shifts post-COVID, with Point-of-Sale (POS) operators emerging as dominant players in financial transactions. While Automated Teller Machines (ATMs) remain essential, they have been overshadowed by the growing influence of POS services. This shift has led to increased competition for cash, leaving many Nigerians struggling to access their funds conveniently. There is no doubt that POS operators have evolved from mere alternatives to traditional banking services into crucial intermediaries and first-choice service centers for many Nigerians. However, the high fees they impose, unchecked, have incentivized them to source cash through desperate and unethical…

In Africa’s economically diverse and highly competitive market, building customer loyalty has never been more important for businesses. The continent’s consumers are highly price-sensitive, driven by the need to get a bargain or good deal on purchases. Indeed, research on consumer behaviour indicates that affordability and value for money are top considerations for many Africans when making purchasing decisions. For businesses seeking to stand out and thrive, discount solutions such as those offered by SeerBit provide a powerful way to attract and retain customers. These strategies not only build trust but also inspire repeat patronage, turning casual buyers into lifelong…

Interswitch recently hosted an inaugural engineering summit, a novel event that gathered its engineering community to explore innovation, emerging technologies, and the industry’s future. Hosted at the Interswitch Headquarters in Lagos, the event delivered a dynamic mix of knowledge sharing, networking, and thought-provoking conversations, a testament to Interswitch’s dedication to driving excellence within the tech ecosystem. The energy was palpable as leading experts, industry pioneers, and passionate developers addressed key challenges and explored exciting opportunities in software engineering. Through insightful presentations and white papers, the sessions offered valuable perspectives on the industry’s evolving landscape. The event, themed, ‘Innovating with Emerging…

Paygilant, a leading provider of frictionless fraud prevention solutions for banks, fintech companies, and payment processors, has appointed Sara Pinheiro as Regional Manager for Africa. In this pivotal role, Pinheiro will lead the company’s strategic growth across the continent, focusing on building strong partnerships and empowering businesses to enhance their fraud prevention and security frameworks within Africa’s rapidly evolving digital economy. Africa’s digital transformation has fueled a surge in demand for robust and innovative financial solutions. Paygilant’s expansion into the region directly addresses the increasing need for advanced fraud protection within the expanding digital finance ecosystem. Pinheiro, a seasoned expert…

First Lady Senator Oluremi Tinubu, Chairperson of the Renewed Hope Initiative (RHI), has commissioned a new Information and Communication Technology (ICT) Community Centre at the Kwara State College of Education, Ilorin. This project, a collaboration between the National Information Technology Development Agency (NITDA) and RHI, is part of the First Lady’s commitment to social investment and bridging the digital divide. Speaking at the commissioning ceremony, Senator Tinubu praised NITDA for its efforts, noting that this is the second such center established in partnership with RHI, with similar centers in Benue and Oyo states soon to be commissioned. She also announced…

In the heart of Nigeria’s digital economy, a story of patriotism and resilience unfolds. The telecommunications sector, a driving force behind the country’s growth, has been facing unprecedented challenges. Despite its significant contributions to Nigeria’s social and economic development, the sector has been struggling to keep up with the rising costs of operations.   For nearly a decade, telecom tariffs in Nigeria remained unchanged, while the demand for data and voice services skyrocketed. The cost of operations, however, surged due to rising energy costs, inflation, currency devaluation, and increased costs of importing telecom equipment. These mounting expenses threatened the very…

By Martin Ekpeke A cybersecurity expert, Remi Afon, has warned that cybercriminals are poised to leverage artificial intelligence (AI) to dramatically escalate their attacks in 2025, creating a complex and dangerous landscape for individuals, businesses, and government institutions in Nigeria. Afon, former President of the Cyber Security Experts Association of Nigeria (CSEAN), details this looming threat in his latest article, “Nigeria 2025: Battling AI-Driven Cybercrime.” Afon’s article paints a stark picture of how AI is empowering cybercriminals to amplify the scale, precision, and impact of their attacks. He highlights a recent incident where Nigerian scammers allegedly impersonated Hollywood actor Brad…