Author: ITPulse

Five compelling factors have been identified for why Nigeria must prioritize storage, processing and data analysis within its borders, as it pushes for national digital economy prosperity. These factors if followed diligently, will propel Nigeria’s digital economy to new heights. This becomes necessary going by the fact that,  in the age of information, data has become the new oil, fueling innovation and economic growth in Nigeria, Africa’s largest economy. The domestication of data is poised to take a significant leap forward in the digital revolution. These five factors according to ITPulse’s findings are economic growth, improved decision-making, enhanced security and…

A new report by Sophos, a leading cybersecurity firm, reveals a critical challenge for Managed Service Providers (MSPs): keeping pace with the ever-changing cybersecurity landscape. Their “MSP Perspectives 2024” survey highlights the talent gap as the biggest hurdle, with MSPs struggling to find and retain skilled cybersecurity analysts. Key Findings: Top Challenges: Keeping up with the latest cybersecurity solutions (39%) Hiring qualified cybersecurity analysts Biggest Security Risk: Shortage of in-house cybersecurity skills Growing Demand: Managed Detection and Response (MDR) services for 24/7 coverage 81% of MSPs currently offer MDR 97% of remaining MSPs plan to add MDR services Third-Party Reliance:…

…. To Focus on Tech for Good The Oriental Hotel in Victoria Island, Lagos, will play host to the much-anticipated biggest gathering of tech professionals in West Africa, Titans of Tech Conference and Expo on 26th to 27th July 2024. Spearheaded by Don Pedro Aganbi, Lead Consultant at Tech TV, said the event aims to convene top thought leaders, industry experts, professionals, CEOs, and presidents of various industry associations along with relevant government agencies. Speaking to newsmen in Lagos weekend, Don Pedro Aganbi explained that the Titans of Tech Conference and Expo was initiated as a platform where the most…

Interswitch, a powerhouse in African integrated payments and digital commerce, is at the forefront of data-driven innovation. Their goal? To revolutionize Africa’s payment landscape and empower sustainable growth across the continent. This commitment was championed by Akeem Lawal, Managing Director of Interswitch Purepay, during his keynote address at the recent RegTech Africa Conference held in Lagos. Interswitch’s participation as a sponsor reflects their dedication to collaboration within the financial services and regulatory technology sectors. Lawal’s speech, titled “Harnessing Partnerships for Africa’s Prosperity: Bridging the Data Gap,” emphasized the importance of utilizing Africa’s data resources. This data, he argued, holds the…

By Elvis Eromosele The Central Bank of Nigeria (CBN) recently mandated that all Point of Sales (PoS) operators complete their registration with the Corporate Affairs Corporation (CAC) by July 7, 2024. This directive aims to formalize the operations of PoS businesses across the country, boosting regulatory compliance and promoting financial inclusion.  However, for many PoS operators, this new requirement poses significant challenges, both financially and logistically. As micro-businesses, already grappling with economic uncertainties, the stringent deadline could threaten their survival and, by extension, the broader goal of financial inclusion in Nigeria. PoS operators have become crucial players in Nigeria’s financial landscape, particularly in rural and underserved urban areas.…

New data by Stocklytics.com has shown that Google’s Smartphones are experiencing loyalty issues as 57% of old users plan to switch to another brand. This is coming despite its maximum efforts to take some of the market share from Apple’s and Samsung’s hands. Google remains a niche player in the smartphone market. Although the tech giant aims to win more new users with its latest model, Pixel 8a, and its AI-driven software, it seems that Google`s even bigger concern is how to hold onto the old users, as more and more of them consider switching to other brands. After working…

Nigerian information and communications technology (ICT) company CED Technologies emerged victorious at the recent Africa’s Beacon of ICT Merit and Leadership Awards, held in Lagos. The company secured the coveted Business Process Solutions Provider of the Year Award, solidifying its position as a leader in the industry. Organizers of the awards, Nigerian CommunicationsWeek, revealed that CED Technologies earned the recognition through a rigorous selection process. A dedicated committee compared the company against other top IT contenders before awarding them the prestigious title. “A distinguished panel was assembled to identify organizations and individuals consistently delivering innovative ICT solutions and services that…

Oluwaseun Dania, founder and lead consultant of Alpha-Geek Technologies, a prominent figure in Nigeria’s digital space, was crowned Digital Entrepreneur of the Year 2024 at the prestigious Africa’s Beacon of ICT Merit and Leadership Awards held in Lagos during the weekend. Considered the most respected annual event in Nigeria’s ICT industry, the Awards ceremony recognized Alpha-Geek’s outstanding contributions. Mr. Dania, a serial entrepreneur and investor, was commended for his exceptional role in shaping the nation’s digital landscape. “A distinguished selection committee,” announced Mr. Ken Nwogbo, founder of event organizer Nigerian CommunicationsWeek, “acknowledged your consistent delivery of innovative ICT solutions and…

Lagos State is aiming to solidify its status as a leading innovation hub in Nigeria and Africa. To achieve this, the Ministry of Innovation, Science and Technology (MIST) hosted a high-powered stakeholder forum at the Eko Innovation Centre. This event brought together key figures from various sectors to discuss the proposed Lagos Innovation Policy Bill. This groundbreaking legislation aims to spark innovation and build a supportive environment for technological advancements. The forum, led by Innovation Commissioner Mr. Olatubosun Alake, focused on co-creation and collaboration. This approach reflects the Lagos government’s commitment to inclusive and participatory policymaking. Attendees included prominent figures…

The Social Innovation Driven Entrepreneurship (SIDE) initiative, a flagship project under the Digital Access Program (DAP) by the UK NG Tech Hub, is geared towards addressing the critical need for accessible, safe, and secure digital access among underserved populations in Nigeria. In collaboration with the Network of Incubators and Innovators (NINE), the SIDE project has engaged entrepreneurs across Nigeria’s six geopolitical regions, utilizing selected innovation hubs to provide support. The aim is to address sustainable solutions that target economic data, risk capital, infrastructure, and advisory gaps within key sectors. By leveraging digital innovation, the project seeks to alleviate poverty and…