Author: ITPulse

QNET, a global direct-selling company, has joined forces with Nigeria’s Federal Ministry of Labour and Employment (FMLE) to tackle the country’s youth unemployment crisis and the scourge of fake job scams. The partnership saw QNET participate in an employability training program designed to equip young Nigerians with essential job-seeking skills. The initiative is part of QNET’s ongoing “Say No!” campaign aimed at raising awareness about fraudulent job offers and human trafficking. Addressing the alarming youth unemployment rate of 53.4%, QNET’s Regional General Manager, Biram Fall, emphasized the importance of equipping young people with the knowledge to navigate the job market…

By Ejiofor Agada Amid a contentious battle between WhatsApp, a subsidiary of Meta Platforms Inc., and Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC), there currently seems to be a narrative of strategic maneuvering and public opinion manipulation that is unfolding. The dispute, characterized by allegations of attempted blackmail by the Meta company, has stirred significant controversy within the tech industry and regulatory circles. Here I want to attempt to delve into the unfolding saga, examining the tactics employed by Meta to influence public perception, the repercussions of the blackmail accusations, and the broader implications of this clash on the…

The African Development Bank Group (AfDB) has approved a $500 million loan to support Nigeria’s ambitious energy transition plan. The funds will be used to finance the initial phase of the Economic Governance and Energy Transition Support Program (EGET-SP), designed to overhaul the country’s electricity infrastructure and accelerate the shift to cleaner energy sources. Nigeria aims to generate 250 gigawatts of electricity, primarily from renewable sources, by 2050. The new loan will help bridge a budget gap and support the implementation of the recently enacted Electricity Act, which empowers state governments and private investors to play a more significant role…

By Martin Ekpeke Born out of a deep understanding of the challenges businesses in Africa’s payment landscape face, Seerbit, a leading African payment solutions provider, is on a mission to revolutionize the industry as it has carved a niche for itself by offering flexible and inclusive payment solutions. Speaking during a media interactive session in Lagos, the CEO of SeerBit, Mr. Omoniyi Kolade explained that Seerbit’s journey began with a simple yet profound observation: the fragmented nature of the African payment ecosystem. According to him, the company recognized the need for a unified platform that could seamlessly connect businesses and…

As World Lung Cancer Day is observed globally, AstraZeneca is highlighting its ongoing efforts to combat the disease in Africa, a region heavily burdened by late-stage diagnoses and limited access to advanced care. Lung cancer remains a leading cause of cancer death worldwide, with a particularly devastating impact on Africa. The continent faces a crisis with over 90% of cases detected at advanced stages, resulting in a dismal five-year survival rate of less than 1%. Early detection is crucial to improving these grim statistics. AstraZeneca is committed to transforming lung cancer care in Africa through a multi-pronged approach encompassing prevention,…

PalmPay is reshaping Nigeria’s financial landscape, particularly for businesses. This fintech powerhouse has leveraged its expansive network of over 1.1 million Agents and Merchants to democratize access to financial services. At the core of PalmPay’s success is its commitment to providing secure and efficient payment solutions. The PalmPay Business app, coupled with reliable POS machines and the innovative Pay With Transfer feature, has simplified operations for businesses of all sizes. Agents and Merchants rave about the platform’s 99.5% success rate and swift transaction settlements, which have significantly boosted their revenue. To foster growth among Micro, Small, and Medium Enterprises (MSMEs),…

As the industry media body, the Nigeria Information Technology Reporters Association (NITRA), prepares for its stakeholders engagement event, the fourth edition of the NITRA ICT GROWTH CONFERENCE, the Executive Vice Chairman (EVC) and CEO of the Nigerian Communications Commission (NCC), Dr. Aminu Maida is billed to lead stakeholders to the annual roundtable that x-rays the industry and how to chart growth path for it. The fourth in the series, the event, which is scheduled to hold at the Citiheight Hotel, Ikeja Lagos on Thursday August 8, 2024 has its theme as “Impact of AI On National Development: Prospects, Policies, and…

The 20th edition of the prestigious Titans of Tech Awards was a dazzling showcase of Nigeria’s ICT industry, recognizing exceptional achievements and honoring industry pioneers. Held over the weekend, the event was marked by glamour, innovation, and a celebration of Nigeria’s technological progress. A highlight of the evening was the presentation of Lifetime Achievement Awards to industry titans including Engr. Dr. Ernest Ndukwe, Chairman of MTN Nigeria; Col. Aiyegbeni Peters, Chairman of Alpha Technologies; Austin Okere, Founder of CWG; Chris Uwaje, CEO of Mobile Software Solutions; Femi Pedro, former Managing Director of First Atlantic Bank and ex-Deputy Governor of Lagos…

Award-winning software provider, EMTECH has announced a new software product called Beyond Compliance, to help Financial Service Providers (FSPs) automate and manage regulatory compliance in one place. Regulatory Compliance is an imperative for FSPs as the fines for non-compliance can run into the billions of dollars. ‘Beyond Compliance’ helps users stay ahead of regulatory issues before they result in fines, loss of a license, bankruptcy  or closures. The ground-breaking ‘Beyond Compliance’ product provides users with regulatory checklists and workflows to enable and guide them through compliance processes. By simply selecting their regulator or jurisdiction and providing a few details, users…

Africa’s Business Heroes (ABH) has announced the top 50 finalists for its 2024 prize competition. The annual competition, backed by the Jack Ma Foundation and Alibaba Philanthropy, celebrates and supports exceptional African entrepreneurs. This year, a record-breaking 20,000 applications poured in from across the continent, showcasing Africa’s burgeoning entrepreneurial spirit. The top 50 finalists represent a diverse cross-section of businesses, with a notable increase in female and North African participation. “We are thrilled to recognize the talent and potential of these 50 extraordinary entrepreneurs. Their innovative solutions are driving positive change across the continent,” said Zahra Baitie-Boateng, Managing Director, Africa,…