Author: ITPulse

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,…

By Chris LeGrand The Protocol is intended to support continent-wide digital trade and help both individual African countries, and the continent as a whole, participate fully in the digital economy of the future by harmonizing rules, standards and practices Earlier this year African heads of state, gathered for the annual African Union summit and approved the new Protocol on Digital Trade (the “Digital Protocol”) under the auspices of the African Continental Free Trade Area (AfCFTA).  Approval of the AfCFTA’s Digital Protocol is a pivotal step for African nations, their citizens, the private sector, and other stakeholders in Africa’s ongoing development…

TD Africa, a technology distributor, has strengthened its position as a cybersecurity champion in Africa by conducting a comprehensive training session on Cisco Network Security and Collaboration for its client, IT Horizons Limited. The training aimed to equip IT Horizons’ clients with the knowledge and skills to combat the growing threat landscape. The ‘Train the Trainer’ model adopted for the session empowered participants to become in-house experts, capable of effectively managing and protecting their organizations’ digital assets. By leveraging Cisco’s advanced security solutions, TD Africa demonstrated its commitment to safeguarding businesses across the continent. Abiodun Idowu, Assistant General Manager at…

Galaxy Backbone (GBB)’s 1Government Cloud solution as a key component of the Nigerian government’s digital transformation agenda, aligns with President Tinubu’s Renewed Hope initiative as the platform aims to enhance government efficiency, improve service delivery, and bolster national security. The 1Government Cloud offers a unified infrastructure and software platform for federal ministries, departments, and agencies (MDAs), providing secure data storage and essential applications. This centralized approach promotes interoperability, data sovereignty, and cost efficiency. GBB Managing Director/CEO, Professor Ibrahim Adeyanju, emphasized the importance of collaboration in achieving successful digital transformation. “By consolidating government data and applications onto a secure, centralized platform,…

The Nigerian Communications Commission (NCC) has directed telecommunication operators to immediately reactivate phone lines disconnected over the weekend due to unverified National Identification Number (NIN) linked to Subscriber Identification Modules (SIMs). The order comes amid widespread complaints from subscribers who lost access to their lines despite ongoing efforts to comply with the NIN-SIM verification requirement. In a statement signed by Reuben Mouka, Director of Public Affairs, The NCC emphasized that the move is a temporary measure to alleviate the immediate inconvenience faced by consumers, while urging them to complete the verification process as soon as possible. The NIN-SIM linkage policy,…

9 Payment Service Bank (9PSB) has highlighted the crucial role of collaboration in driving the growth of Nigeria’s payment service bank (PSB) industry. Speaking at the Nigeria Fintech Forum held recently, Nasiru Isyaku, Executive Director of Finance and Banking Operations at 9PSB, emphasized the need for increased cooperation among industry players and regulators to build a resilient and robust payment ecosystem. Isyaku outlined the vision for PSBs in Nigeria, stating that they will play a pivotal role in elevating the nation’s payment systems by providing affordable, accessible, and convenient digital payment options to the unbanked and underbanked population. He emphasized…