Author: ITPulse

Bamboo, a wealth management platform, has launched a fee-free remittance app, Coins by Bamboo. This new app, available on both iOS and Android, empowers Nigerians in the diaspora to send money home to loved ones faster, more securely, and at a lower cost. A New Era of Seamless Remittances Backed by a Canadian Money Service Business license, Coins by Bamboo offers a user-friendly experience that simplifies the remittance process. By leveraging technology, the app aims to reduce traditional remittance fees and processing times. Beyond Remittances: A Commitment to Social Impact Bamboo’s mission extends beyond facilitating financial transactions. The company is…

Nigeria’s broadband penetration rate has unexpectedly declined, casting doubt on the nation’s ability to achieve its ambitious 70% national target. Despite concerted efforts and the implementation of the National Broadband Plan (NBP 2020-2025), Nigeria’s broadband penetration rate slipped to 41.56% in September 2023. This marks a significant setback from the 43.71% recorded at the end of 2023. While no official reason has been given by the regulator, the decline in broadband subscriptions may be linked to the mandatory SIM card verification process, which led to a temporary decline in active subscriptions. Other key factors for the decline could be poor…

The Federal Road Safety Corps (FRSC) is spearheading a regional effort to revolutionize road safety in West Africa. The regional effort aims to implement a unified digital driver’s license and vehicle registration system is being done in collaboration with the Economic Community of West African States (ECOWAS) and the West African Road Safety Organization (WASO). This ambitious initiative will establish a standardized system across the region, streamlining processes and enhancing security with key features of the digital system to include a secure, electronic version of the traditional physical license, accessible on smartphones or other digital devices. Other features are a…

Members of the People Democratic Party (PDP) in Talata Mafara Local Government Area, Zamfara State, took to the streets on Monday to protest what they described as poor governance under Governor Dauda Lawal. Staging a strong protest against Governor Dauda Lawal, the protesters said that the tenure of the former governor of the State, Dr. Bello Muhammed Matawalle MON is far better than the present one in terms of economic opportunities, job creation, and security. The demonstrators accused the governor of neglecting citizens’ welfare, worsening hunger, and imposing candidates in local elections against the will of the people. During the…

By Ade Shoyinka & John Odumesi   As we draw to the close of National Cybersecurity Awareness Month 2024, we, the Cyber Security Experts Association of Nigeria (CSEAN) wish to remind all citizens, organizations and governments of the critical importance of staying vigilant and being cyber-smart. Cybersecurity is a shared responsibility that requires the collective effort of every individual, business, and government entity to ensure a secure digital environment. As a leading body in the field of cybersecurity in Nigeria, we are committed to enhancing our nation’s cybersecurity posture. The increasing reliance on digital technologies has brought about significant benefits,…

The Solution Innovation District (SID) has made significant strides in its mission to position Anambra State as a global innovation hub. The district has been officially inducted into the prestigious International Association of Science Parks and Areas of Innovation (IASP) at the 41st World Conference held in Nairobi, Kenya. This recognition aligns perfectly with Governor Charles Chukwuma Soludo’s vision of transforming Anambra into “Africa’s Silicon Valley.” By joining IASP, SID gains access to a vast network of over 400 member organizations from 76 countries, fostering collaboration and knowledge exchange on a global scale. The 41st IASP World Conference, themed “Demographics,…

TD Africa, a leading technology distributor, has joined forces with Dell Technologies and Intel to explore the transformative power of artificial intelligence (AI) and data-driven solutions. The partnership aims to equip businesses with the tools and insights needed to thrive in today’s digital era. A recent Partner Technology Day event, held at the Wheatbaker Hotel, Ikoyi, brought together industry experts to delve into the potential of AI and data analytics. Through interactive workshops, attendees gained hands-on experience with AI tools and techniques. Key discussion points included building smart, flexible data centers with modern, software-defined infrastructure, transforming data centers with Dell…

The Africa Tech Alliance Forum gears up for its fourth edition, AfriTECH 4.0, scheduled for Thursday, November 7th, 2024, in Lagos, Nigeria. This premier technology and innovation conference promises to be a landmark event, uniting key stakeholders under the theme “Leapfrogging Digital Transformation for the Future of Africa’s Economy.” Leading the charge are prestigious new partners and sponsors. Joining the ranks are the Nigerian Communications Commission (NCC), the National Information Technology Development Agency (NITDA), and the digital payment platform PalmPay. Regulatory excellence meets innovation The NCC’s involvement highlights its commitment to fostering a robust telecommunications industry. They champion consumer awareness,…

PalmPay, a leading fintech platform in Nigeria, has been honored with the Most Outstanding Fintech Driving Financial Inclusion award at the prestigious BrandCom Awards 2024. The award recognizes the company’s significant contributions to expanding financial access across the country. Since its inception in 2019, PalmPay has been dedicated to empowering underserved communities with innovative financial solutions. The company’s suite of services, including instant transfers, bill payments, and the recently launched USSD feature, has made financial transactions more accessible to millions of Nigerians. “We believe that financial inclusion is the cornerstone of economic empowerment. This award is a testament to our…

Anambra State, under the leadership of Governor Charles Soludo, is set to host its inaugural Innovation Week (AIW) from November 25th to 29th, 2024, in Awka. The event aims to spotlight Africa’s burgeoning tech and innovation ecosystem and position Anambra as the “Silicon Valley of Africa.” Chinwe Okoli, the Governor’s Special Adviser on Innovation and Business Incubation, announced that AIW will be an annual event, featuring a diverse range of activities including exhibitions, competitions, fireside chats, and masterclasses. The centerpiece of the week will be the “Battle4Solutions” innovation competition, offering a prize pool of over N100 million to startups tackling…