A recent summit convened by Digivation Networks in Lagos emphasized the urgent need for Nigeria to embrace digital transformation through strong internet governance, enhanced digital literacy, and comprehensive policy reforms. The Digivation Future Summit, themed “Governance, Innovation, People and Future Economy,” brought together diverse stakeholders to discuss the challenges and opportunities of the digital age. Participants highlighted the importance of addressing issues such as underdeveloped digital infrastructure, limited internet access, and a lack of digital skills. Dr. Bayero Agabi, Founder of Digivation Networks, acknowledged the significant challenges facing Sub-Saharan Africa in digital development, including infrastructure gaps, limited connectivity, and a…
Author: ITPulse
Nigeria Africa’s largest economy is rapidly transitioning into a knowledge-based economy with the prospects of adopting artificial intelligence, an enabler of growth, innovation, and increased productivity. This was the focus of discussion at the 4th edition of Nigeria Information Technology Reporter’s Association (NITRA) ICT Growth Conference themed “Impact of AI on National Development: Prospects, Policies and Challenges in Nigeria” held in Lagos. At the conference, key ICT media voices from broadcast, print and online platforms including; Hilary Damissah, Editor and Chief Operating Officer at DigiVation Network TV, Justus Adejumo, ICT Editor at Daily Independent Newspapers, Peter Oluka, Founder and Editor…
The Consumer Advocacy & Empowerment Foundation (CADEF) hosted a pivotal workshop in Lagos to address the pressing issue of financial exclusion faced by people with disabilities (PWDs). The event brought together government officials, financial institutions, disability organizations, and experts to discuss innovative strategies for enhancing financial accessibility for this marginalized group. Safiu Babatunde, Head of Legal Services at the Lagos State Office for Disability Affairs, underscored the critical importance of financial inclusion for PWDs. He highlighted the numerous challenges faced by individuals with disabilities in accessing traditional and digital financial services, emphasizing the need for tailored solutions to overcome these…
Ability to Take Risk This is your financial capacity to take risks. It depends on factors such as your income, savings, financial obligations, and investment time horizon. For example, higher income and substantial savings can increase your ability to take risks, high debt levels or significant financial responsibilities (like supporting a family) can reduce your ability to take risks, and the longer your investment time frame, the more risk you can typically afford to take, as you have more time to recover from potential losses. Balancing Willingness and Ability Effective financial planning involves balancing your willingness and ability to take…
A new report by the International Telecommunication Union (ITU) reveals that countries worldwide are making strides in cybersecurity, but significant challenges remain to address evolving threats. The Global Cybersecurity Index 2024 (GCI 2024) assesses national efforts across five pillars: legal, technical, organizational, capacity development, and cooperation. The report ranks countries based on their commitment to these pillars and their impact. While many countries have made progress, particularly in legal measures and incident response capabilities, the report highlights a “cyber capacity gap” in many regions, characterized by skills, staffing, equipment, and funding limitations. Key findings from the GCI 2024 include: Increased…
New features include unified metrics, generative AI-driven insights, and a custom ML model-building studio Zoho Corporation, a leading global technology company, today announced a significant update to its self-service BI and analytics platform, Zoho Analytics. The new version introduces powerful AI and ML capabilities, enabling diagnostic insights, predictive analysis, and automated report and dashboard generation. Key enhancements in Zoho Analytics include: Data Management Hub: Streamlined data access with ETL pipelines, unified metrics, and headless BI integration. AI-Infused BI: Generative AI-powered insights, natural language querying, and automated analysis. Data Science and Machine Learning Studio: Custom ML model building, AutoML, and code-based…
By Martin Ekpeke The latest data from the Nigerian Communications Commission (NCC), has shown that 5G market share in Nigeria has reached a modest 1.24% as of March 2024. While this figure is still significantly lower than the 32.74% market share held by 4G networks in the same period, it represents a gradual but steady embrace of the fifth-generation technology in Nigeria. 5G networks, whose Nigeria’s journey began in earnest a few years ago, promise to revolutionize various sectors of the Nigerian economy. With their faster speeds, lower latency, and increased capacity, 5G networks can enable a wide range of…
LG Electronics, a global leader in consumer electronics and home entertainment, continues to cement its leadership in OLED technology, innovating and inspiring with its ground-breaking features: LG OLED TV with Six Senses Experience. This state-of-the-art television is designed to provide an immersive viewing experience that engages not only sight and sound but also touch, speech, and taste, taking home entertainment to an entirely new level. Innovating Beyond the Visual The LG OLED TV with Six Senses Experience results from years of research and development, aiming to redefine how consumers interact with their home entertainment systems. By incorporating advanced sensory technology,…
The National Centre for Artificial Intelligence and Robotics (NCAIR), in partnership with Google, has announced the launch of the AI Fund, a ₦100 million initiative aimed at supporting Nigerian startups developing innovative AI-driven solutions. The AI Fund is part of the Nigerian government’s broader efforts to harness the potential of AI to drive development and innovation. Earlier this year, the Ministry of Communications, Innovation & Digital Economy released the National AI Intelligence Strategy, outlining the country’s roadmap for integrating AI into various sectors. Selected startups will receive funding, mentorship, and access to Google’s AI tools and resources. The goal is…
Healthtech company, Field has announced the launch of a groundbreaking initiative to tackle the urgent crisis of maternal mortality, newborn and child health, and nutrition across the continent. With support from the Bill & Melinda Gates Foundation, Field will leverage its proprietary technology, distribution network, and financing services to introduce emerging therapies and supply chain transformation. The company’s goal is to accelerate access to life-saving interventions and improve healthcare outcomes for millions of Africans. Field’s initiative will focus on empowering healthcare providers, both public and private, with the tools and resources they need to deliver high-quality care. This includes digitization,…
