Author: ITPulse

In a landscape dominated by social media giants like Facebook and TikTok, Instagram has managed to carve out a unique niche and maintain its position as a leading platform. According to data from OnlyAccount, Instagram’s user base is poised to continue its impressive growth trajectory, outpacing both Facebook and TikTok in the coming years. Since reaching the one billion user milestone in 2019, Instagram has consistently attracted new users at a remarkable rate. Its engaging visual content and features like Stories, Reels, and Shoppable posts have resonated with a wide audience. This growth surge has solidified Instagram’s position as the…

PalmPay, a leading Nigerian fintech platform, has introduced a new USSD code to enhance financial access for its millions of users. This innovative move allows customers to perform various banking transactions, including money transfers, bill payments, and savings, without requiring internet connectivity. Since its launch in Nigeria in 2019, PalmPay has been committed to providing comprehensive financial services through its user-friendly app and extensive network of mobile money agents. The addition of the USSD service further strengthens its position as a convenient and accessible financial platform, especially in regions with frequent network disruptions. Chika Nwosu, PalmPay’s Nigeria Managing Director, highlighted…

By Martin Ekpeke iiris, an India-born solution provider and global leader in risk mitigation and critical intelligence has officially launched its operations in Nigeria at a grand opening ceremony held at the prestigious Lagos Interconnectal Hotel and attended by government officials, industry leaders and dignitaries. At the event, the company with multiple offices across the globe and serving more than 200 countries, said the launch in Nigeria aims to provide cutting-edge artificial intelligence solutions to help businesses and organizations identify, assess and mitigate risks. Mr. Satyagopal Bhanja, iiris Nigeria’s Chief Executive Officer, highlighted the company’s commitment to delivering high-quality risk…

The Nigerian Communications Commission (NCC) has told stakeholders in the country’s telecom industry that it is poised to make a significant leap in telecommunications technology as it prepares to allocate the 6GHz band for Wi-Fi-6 applications. Speaking at a public consultation event 2-day ago, the telecom regulator assured that the move will position Nigeria among the countries at the forefront of high-speed internet connectivity. Engr. Abraham Oshadami, Executive Commissioner of Technical Services who spoke on behalf of the Executive Vice Chairman of the Commission, Dr. Aminu Maida outlined the NCC’s plans to leverage the 6GHz band to enhance Wi-Fi performance…

By Remi Afon The Global Cybersecurity Index (GCI) 2024, recently released by the International Telecommunication Union (ITU), underscores the urgent need for Nigeria to address its cybersecurity shortcomings. Despite being Africa’s largest economy and a rising tech hub, Nigeria’s performance in the GCI reflects several deep-rooted challenges that hinder its ability to effectively secure its digital infrastructure. In contrast, other African countries such as Mauritius, Rwanda, Ghana, Tanzania, and Kenya have made significant strides in cybersecurity, positioning them as regional leaders. This analysis reviews Nigeria’s performance in the GCI 2024, identifies key factors behind its lower ranking, and draws lessons…

Zoho, a global technology company has announced it has achieved significant growth in Nigeria, expanding by 31% in 2023, even as it stressed that its commitment to the local market is further demonstrated through its community-focused initiatives and partnerships. Disclosing this yesterday in Lagos during the annual Zoholics Conference, Kehinde Ogundare, Country Head, Zoho Nigeria stated that Zoho has been actively supporting local businesses by offering its 55+ apps in Naira, helping them mitigate the impact of fluctuating foreign exchange rates. He also added that the company has partnered with Bridge International Academies to provide educational support to underprivileged children…

As cyber threats continue to evolve and become more sophisticated, businesses of all sizes must prioritize their cybersecurity to protect their valuable data and operations. To help businesses stay ahead of the curve, Kaspersky has provided several recommendations to enhance their resilience against cyberattacks. Key recommendations from Kaspersky include: Regular software updates: Keeping all devices updated with the latest patches is essential to prevent attackers from exploiting vulnerabilities. Robust security solutions: Employing comprehensive security solutions like those offered by Kaspersky Next can provide real-time protection, threat visibility, and incident response capabilities. Specialized solutions for small businesses: Kaspersky Small Office Security…

Entire operations may be disrupted for days or even weeks, resulting in lost revenue, diminished service quality and disappointed clients and partners In today’s interconnected world, cyberattacks are more frequent and more dangerous than ever before. Businesses, regardless of size or industry, are prime targets for cybercriminals. These attacks can cause widespread damage and create long-lasting consequences. Kaspersky dives into the impact of cyberattacks on business and reveals the key losses that an unprotected business can suffer. When we consider the impact of cyberattacks on business, the first thing we pay attention to is financial losses. An example of an…

Interswitch, a leading African payments and digital commerce company, has partnered with the Nigeria Inter-Bank Settlement System (NIBSS) to enhance payment efficiency and reliability in Nigeria. This collaboration aligns with a recent Central Bank of Nigeria (CBN) directive mandating that all Point of Sale (POS) transactions be routed through a Payment Terminal Service Aggregator (PTSA). As Interswitch’s primary PTSA, NIBSS will play a crucial role in improving transaction efficiency and ensuring regulatory compliance. This partnership also opens doors for collaboration in other areas, fostering innovation and advancing Nigeria’s payment infrastructure. Akeem Lawal, Managing Director of Payment Processing and Switching at…

Nigeria’s potential is undeniable, but its power woes are a constant thorn in the side of progress. Flickering lights, endless fuel queues, and the roar of generators are a daily reality for many Nigerians. Dr. Patrick, a lecturer recently relocated to Nigeria, experienced this struggle firsthand. “Generators are a necessity, but fuel costs are skyrocketing,” he lamented during a class discussion. Frustrated with unreliable options, Dr. Patrick tried two different inverter brands, but both failed him within months. Litigation only added to his disillusionment. When hope seemed lost, a student introduced Dr. Patrick to iPower inverters. Skeptical at first, he…