In its continued drive to financial inclusion across Nigeria, leading fintech company PalmPay, continues to give its users unlimited free transfers to all banks. This feature which was introduced earlier in the year has been allowing users to make transfers to all banks within the country without incurring any bank fees. PalmPay’s Managing Director, Chika Nwosu, stated, “We are committed to ensuring smooth and easy transactions with our free transfer feature. This shows our dedication to providing accessible and affordable financial services to our over 30 million users and every Nigerian. We believe everyone should have access to affordable financial…
Author: ITPulse
Nigerian businesses, big and small, are urged to leverage Ecobank’s Single Market Trade Hub, a digital platform connecting them to potential partners across Africa. With over 4,000 businesses already on board from 33 countries, the hub offers a wealth of opportunities within the vast African Continental Free Trade Area (AfCFTA) market of 1.4 billion people. The Hub Simplified Connecting Businesses: This innovative platform helps businesses find each other, acting as a matchmaker for importers and exporters across Africa. Information Hub: Ecobank, a recognized AfCFTA expert, provides valuable resources on the free trade agreement, guiding businesses on navigating the single market…
African enterprises are scaling up their adoption of new technologies to protect against disruption and build new capabilities that can drive their growth and innovation efforts. While technology adoption among African enterprises lags much of the developed world, this picture is changing. A PwC study found that 87% of CEOs in Africa’s financial services sector are experiencing significant technology-driven disruption to their business models, compared to only 50% of CEOs globally. A report by the UN Trade & Development agency (UNCTAD) found that the key to Africa’s development is the expansion of knowledge-intensive services such as technology-based and fintech services.…
Samsung Electronics Co., Ltd. has announced its all-new Galaxy Z Fold6 and Galaxy Z Flip6, along with Galaxy Buds3 and Galaxy Buds3 Pro at the Galaxy Unpacked in Lagos. Recall that earlier this year, the tech giant Samsung, ushered in the era of mobile AI through the power of Galaxy AI. With the introduction of the new Galaxy Z series today, Samsung is opening the next chapter of Galaxy AI by leveraging its most versatile and flexible form factor perfectly designed to enable a range of unique mobile experiences. Whether using Galaxy Z Fold’s large screen, Galaxy Z Flip’s FlexWindow…
TECNO illuminated brightly at the TrendUpp Awards at the Balmoral Convention Center on Sunday, July 7th, clinching the coveted Force of Collaboration Award. This annual ceremony, renowned for recognizing remarkable achievements within Nigeria’s social media community, honored TECNO for its outstanding efforts in partnering with social media influencers and content creators to spark a technological renaissance. The Force of Collaboration Award underscores TECNO’s strategic initiatives over the past year, highlighting people-led sponsorships and thoughtful social media campaigns that have driven innovation and engagement. Through these collaborative efforts, TECNO has not only amplified its brand presence but also significantly contributed to…
UniCloud Africa, a company specializing in local cloud solutions, has partnered with Benue State, North Central Nigeria to construct a state-of-the-art data center and cloud ecosystem in Makurdi, the state capital. This agreement, signed in Abuja yesterday, will see UniCloud Africa provide the necessary cloud infrastructure for the data center. They’ll also partner with Africa Data Centres, a renowned pan-African operator, to establish a disaster recovery site in Abuja. Joining UniCloud Africa in this project are several other partners like Cedarview Communication Limited, which will be responsible for building the high-availability network infrastructure that will connect government institutions and other…
In online betting, system speed and reliability are non-negotiable. Live odds must update instantly, bets must process without delay, and results must be settled accurately in real time. Any lag or downtime during a major sporting event can lead to revenue loss, regulatory penalties, and irreversible damage to customer trust. Achieving this level of performance requires more than raw server capacity; it demands an architecture purpose-built for ultra-low latency, fault tolerance, and consistent state management at scale. Olamiposi Ogunyemi, a senior software engineer with deep experience in distributed systems, has seen firsthand how architectural weaknesses can cripple betting platforms when…
…. Update Includes 8 New African Languages, Joining Existing Nigerian Languages Like Fulani, Hausa, Igbo, Kanuri, TIV and Yoruba. Google has announced a major expansion of Google Translate, adding 110 new languages to the platform. This update, part of Google’s 1,000 Languages Initiative, which uses AI models to support the 1,000 most spoken languages around the world, represents a significant step towards breaking down language barriers and fostering communication across diverse cultures. The new inclusions include eight languages from across Africa, which now join Nigerian languages Hausa, Igbo, Yoruba, Fulani, Kanuri, and Tiv, which were already supported by Google Translate.…
Few industries are moving faster than TMT. It is at the very heart of global innovation, driving technological, societal, and economic progress. One notable opportunity in the technology, media, and telecommunications (TMT) industry is the rapid growth of 5G technology and its applications across various sectors. With its promise of ultra-fast speeds, low latency, and high capacity, 5G is expected to revolutionize industries such as healthcare, manufacturing, and entertainment. For instance, in healthcare, 5G-enabled telemedicine services can provide remote patient monitoring and enable real-time consultations between healthcare professionals and patients, improving access to care and patient outcomes. In manufacturing, 5G-powered…
Small, medium, or large businesses looking to explore how Generative AI (GenAI) can enhance their operations without the complexity of technical setups, can now heave a sigh of relief. Neural AI, a Lagos-based provider of essential support to organizations intending to build and deploy Large Language Models (LLMs), has developed and launched a composable, ready-to-use data and AI compute infrastructure called REACTOR. Chidera Anyanebechi, the general manager of NeuRaL AI told journalists on Monday that NeuRaL AI’s REACTOR simplifies everything with no self-hosting required, no need to construct and manage complex infrastructure and no operation of machine learning…
