Author: ITPulse

The Nigeria Internet Registration Association (NiRA), the official registry for the .ng country code Top-Level Domain (ccTLD), is proud to announce The Tech Convergence 1.0, a two-day conference and exhibition set to take place on the 28th and 29th of November 2024 at the Muson Centre, Onikan, Lagos. The Tech Convergence 1.0, commemorating its inaugural edition this year, will become a conference and exhibition held each year. For this year, it will precede the 7th edition of the awards also being held in November. Why Tech Convergence 1.0? Over the years, Nigeria’s digital scene has seen an explosion of innovators,…

By Peter Kwakpovwe As technology evolves at breakneck speed, arti1cial intelligence (AI) is becoming a central force in reshaping industries and transforming the way we manage products. Among the most signi1cant advances in AI is the rise of large language models (LLMs) and generative AI, which have rapidly progressed from automating mundane tasks to serving as essential tools in the product management domain. These models are empowering companies to extract valuable insights, forecast market trends, and make strategic decisions more swiftly and accurately than ever before. For professionals across 1ntech, original equipment manufacturers (OEMs), and tech product sales, comprehending the…

The inaugural Nigerian Fintech Festival, sponsored by FirstBank, is set to take place on September 26, 2024, in Lagos. This landmark event aims to foster collaboration, innovation, and sustainable growth within Nigeria’s fintech ecosystem. The festival will bring together over 1000 industry stakeholders, including top speakers such as Damilare Odueso, Mayowa Owolabi, Lanre Adelanwa, and Adaobi Igwe-Okerekeocha. The event will provide a platform for insightful discussions on industry trends, challenges, and opportunities. With the theme “The Convergence to Co-Create & Celebrate Nigeria’s Truly Digital Economy,” the festival highlights its commitment to driving innovation and collaboration in Nigeria’s digital landscape. FirstBank,…

Did you know that by 2050, the world’s urban population is expected to grow by 2.5 billion, with nearly 90% of that growth happening in cities across Africa and Asia? To keep up with this rapid urbanisation, governments, humanitarian organisations, and researchers need accurate information on buildings and infrastructure. This data helps plan for future growth, respond to crises, and ensure resources are distributed fairly. But in many parts of Africa and the Global South, this vital information is outdated or simply unavailable. That’s why Google launched the Open Buildings project in 2021. It started at the AI Research Lab…

By Cyril Ilayah India’s Consulate, Lagos, Mr. Chandra Mouli has emphasized the strong bilateral relationship between India and Nigeria, highlighting the country’s substantial investment of $27 billion in the African nation. Speaking at the launch of IIRIS Nigeria in Lagos, Mouli attributed the significant investment to India’s rapid economic growth, positioning it as the world’s fifth-largest economy. He reaffirmed India’s commitment to partnering with Nigeria, particularly in the area of technology transfer, which he deemed crucial to India’s technological advancements. The Indian security technology firm, IIRIS, officially expanded its operations to Africa with the launch of its Nigeria office at…

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…