Author: ITPulse

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…

Jesujoba Ojelabi, marketing lead at fast-rising Nigerian fintech startup, FlashChange, is gaining recognition within Africa’s digital finance ecosystem for his role in driving trust-led growth at the digital assets startup. Operating in one of the continent’s most competitive fintech markets, Ojelabi leads brand strategy, growth marketing, and external communications for the digital asset exchange platform. His work focuses on building sustainable user growth in an industry increasingly defined by regulatory scrutiny, consumer skepticism, and the need for transparent communication. As Nigeria’s fintech sector matures, user behavior has shifted from rapid experimentation to cautious adoption. Ojelabi’s approach reflects this transition, prioritizing…

100Pay, a crypto payments platform, has announced a significant investment in fostering cryptocurrency adoption in Nigeria. The company has launched a $200,000 startup fund to support businesses integrating crypto payments into their operations and opened a new 4,000-square-meter headquarters in Port Harcourt. The startup fund aims to empower businesses using 100Pay’s PAY Checkout platform to access resources and support for implementing crypto transactions. Several startups, including Everest Mobility, Cloudnotte, and Meedleman, have already benefited from the fund. 100Pay’s PAY token plays a crucial role in the program, offering businesses a seamless way to accept and convert digital currencies into local…

The UK government’s West Africa Research and Innovation Hub (WARIH) has launched a new initiative, Sankore, aimed at fostering economic growth through technology and innovation in Nigeria and Ghana. Announced by UK Minister for Africa, Lord Collins, at a press conference in Accra, Sankore will provide up to £1.9 million in funding to non-profit organizations, including UN agencies, to support collaborative projects in science, technology, and innovation. The initiative seeks to strengthen partnerships between governments, businesses, and innovators in both countries, facilitate the commercialization of innovative solutions, and enhance government digital service delivery. “Sankore is about working together to create…

The Federal Ministry of Youth Development and the Nigeria Data Protection Commission (NDPC) have signed a Memorandum of Understanding (MoU) to equip 5,000 young Nigerians with data privacy and protection skills. The initiative, announced by the Minister of State for Youth Development, Engr. Ayodele Olawande, is part of the government’s broader plan to create jobs and foster economic growth. “This training will provide our youth with the technical expertise needed to thrive in the burgeoning data protection sector,” the Minister stated. Also, Dr. Vincent Olatunji, National Commissioner/CEO of NDPC, emphasized the significance of data protection in attracting foreign investment. “By…

In today’s rapidly evolving technological landscape, it’s easy to fall behind. With each passing moment, industries worldwide are transformed, and at the heart of this transformation lies Artificial Intelligence (AI). AI has become a game-changer, reshaping business operations from automation and predictive analytics to cybersecurity. Data centres, the critical infrastructure behind digital operations, are undergoing a similar evolution, evolving from traditional mechanical hubs to sophisticated, AI-ready ecosystems. In Nigeria, the data centre industry plays a crucial role in driving digital transformation. Sectors like finance, technology, education, and healthcare are harnessing the power of digital infrastructure to innovate and thrive. Among…