Author: ITPulse

As online transactions increase year-on-year, the need for businesses to retain customers, reduce cart abandonment and grow their revenue becomes paramount. One solution for businesses looking to leverage payment to attract and retain customers is payment integration on Wix, a robust platform with a comprehensive suite of tools designed to streamline online transactions and enhance the way businesses handle online payments. The digital economy thrives on the ability to conduct transactions swiftly and securely. Hence, the ability to process payment seamlessly has become a necessity for every business that aims to provide an excellent experience for its customer base. Any…

(2024 World Environment Day – #GenerationRestoration) It would have been impossible to ignore the sounds, considering the relative quietness in the way characteristic of nature. Amidst the familiar chirping of birds and twigs cracking as squirrels and monkeys dart around the trees, the stealthy movement of scurrying animals meandering through the woodland, trying to escape the prying eyes of larger predators. The first rays of light filter through the boughs, where leaves and branches meet, landing on the rich, earthy hues of uneven ground and sometimes the dense underbrush littered with fallen leaves, nuts, and animal droppings. From creeping insects…

By Olatayo Ladipo-Ajai The business communication landscape is undergoing a significant transformation, driven by the emergence of Rich Communication Services (RCS), a communication protocol aimed at replacing SMS messaging. Unlike traditional text-based SMS, RCS is redefining the way businesses engage with their customers, and it is anticipated that the increasing adoption of technologies such as Communications Platform-as-a-Service (CPaaS) will be the main driver for enterprises leveraging operator-led RCS channels for rich business messaging. A study by Juniper Research has found that the global number of active RCS users will reach 1.1 billion in 2024, up from 930 million in 2023.…

The financial landscape in Africa is undergoing a wave of innovation, becoming a major force in reshaping global financial inclusion. Our continent’s unique approach, creativity, and dedication to closing the financial gap offer valuable lessons to the world. By 2030, Africa’s FinTech sector is set to become a global leader in mobile-based financial solutions, expanding access to banking services and driving economic empowerment. Here’s what makes Africa’s FinTech story stand out: High Mobile Penetration: Africa’s fast-growing mobile phone user base means most people access the internet primarily through their phones. This supports the rise of mobile-based financial services, making it…

ALX, an African tech career accelerator has joined forces with the Young African Leaders Initiative (YALI) Network Lagos for the first-ever Youth Tech Summit. This event gathered tech enthusiasts, industry experts, and key figures to explore how technology can transform Africa’s future. The summit featured discussions on how tech can drive economic growth, create jobs, and empower future African leaders. ALX Nigeria’s Country Manager, Ruby Igwe, delivered a keynote address emphasizing the importance of tech-fueled entrepreneurship in job creation and economic development (SDG 8). “The YALI Network Tech Summit showcased the incredible potential and innovative spirit of Africa’s tech scene,”…

The UK’s Manufacturing Africa program is making a big difference in Nigeria’s clean energy sector. Three Nigerian companies – Arnergy, Koolboks, and BURN Manufacturing – received a total of $17 million in foreign investment, helping the country expand access to renewable energy solutions. This investment will bring clean energy to more Nigerians, reduce pollution, create over 1,100 jobs, and improve livelihoods for many. Breakdown of the three companies BURN Manufacturing: A leader in clean cookstove technology, BURN secured a $12 million investment from Key Carbon Ltd. to build a new assembly plant in Northern Nigeria. This factory will increase distribution…

By Martin Ekpeke Following the arguments that the storage and processing of data within the Nigerian borders will propel Nigeria’s digital economy to new heights and ultimately fuel innovation and economic growth in the country, a tech enthusiast has decided to highlight some of the challenges why data is still not 100 percent hosted in Nigeria. Chopinx Omoroh, an industry watcher and analyst believes that despite the many benefits, implementing data domestication in Nigeria faces several challenges. These challenges, according to him include a lack of infrastructure. He noted that building and maintaining a robust data center infrastructure requires significant…

A new Director General/Chief Executive Officer has been appointed by President Bola Ahmed Tinubu, for the National Office for Technology Acquisition and Promotion (NOTAP), an agency under the purview of the Federal Ministry of Innovation, Science and Technology (FMIST). This was disclosed by Solomon D. Nshem, Deputy Director (Public Relations & Protocol) at NOTAP. She is Dr. Barr. Lady Obiageli Edith Amadiobi. Until her appointment, she was a retired Permanent Secretary Ministry of Information and Strategy Imo State and was before her retirement responsible for initiating vibrant policies in the ministry that has garnered great support for the present administration…

Following the restriction from the Central Bank of Nigeria on onboarding new customers, PalmPay is thrilled to announce that onboarding has resumed on its mobile app for users and merchants. This milestone represents PalmPay’s ongoing commitment to revolutionizing the Nigerian financial services sector by providing seamless, secure, and efficient financial solutions while working assiduously with the apex regulatory body. Chika Nwosu, Managing Director of PalmPay Nigeria, stated, “Our commitment to excellence and financial security remains unwavering as we drive financial inclusion. Despite the growing interest in cryptocurrency, PalmPay does not permit cryptocurrency or virtual asset trading on our platform, and…

Interswitch Group has announced the commencement of its Electronic Funds Transfer (EFT) Engineering Programme, which is an early-career development programme for engineering talents to develop competencies in end-to-end electronic funds transfer technology and operations. With the hope to onboard up to 40 EFT engineering talents,  the new programme will be a 6-month of intensive and hands-on training and global exposure to the latest dynamics and best practices in Switching and Electronic Funds Transfer (EFT) technologies. The programme is targeted at young graduates and engineering talents with 0-5 years of work experience, incorporating fundamental skills in technical support/implementation within banking &…