Author: ITPulse

The virtual 2023 Accelerator Programme anchored by the Founder Institute, under a contract agreement with the National Information Technology Development Agency (NITDA), has graduated 13 graduates. The graduation of these graduates is a demonstration of exceptional dedication and innovation during the rigorous 14-week accelerator program. Attended by key industry stakeholders, government officials and tech enthusiasts, it was emphasized that the collaborative efforts between NITDA and Founder Institute are fostering a vibrant tech innovation ecosystem in Nigeria. The virtual Accelerator Programme aims to discover and nurture founders with innovative startup ideas in emerging technologies, including Blockchain, Artificial Intelligence, Robotics, Cybersecurity, e-Commerce,…

The adoption of artificial intelligence (AI) into a business is not just about leveraging advanced technologies to improve efficiencies. Instead, it is about nurturing trust, ethics, and responsibility in digital systems. Of course, when it comes to any AI implementation, its impact and risk must be considered. This is where Trustworthy AI becomes an organisational imperative. At a foundational level, AI should have a high impact in terms of creating efficiencies, but also low risk for creating harm. So, what is Trustworthy AI in this sense? As the name suggests, it is AI that you can trust, AI that is…

After successfully hosting the first Edition of the West Africa Telecoms Summit and Exhibition (WATISE), a regional gathering of telecoms players and stakeholders in the industry, all is now set for the second edition, WATISE 2.0, according to the organisers, TechnologyMirror, an ICT and Telecoms news cum information website. Announcing the WATISE 2.0 in Lagos, Southwest Nigeria, the Convener Isaiah Erhiawarien, said the theme of this edition is “Shaping the Future of the Telecoms Infrastructure Industry: Trends and Insights for a Digital Economy”. The statement said that this year’s focus will be on the digital economy, the challenges of funding…

Industry stakeholders have been advised to build a culture of risk awareness, as such would empower the people with the knowledge and skills to proactively identify and report risks and embed security awareness and risk management practices throughout their business processes. This advice was given as part of a welcome address by Kelechi Nwankwo, Head of Corporate Planning, Strategy & Risk Management at the Nigerian Communications Commission (NCC), during the Telecom Industry Risk Management Conference in Lagos recently. He said to build a shared understanding of emerging risks and develop comprehensive mitigation strategies, awareness will have to become very important,…

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Adamu Maida has called for industry collaboration to mitigate risks that come with the latest technologies such as 5G networks, the Internet of Things (IoT), Artificial Intelligence (AI) and Cloud Computing. The NCC Boss made the call in his opening remark at the Telecoms Industry Risk Management Conference in Lagos recently with the theme: “Evolution and Future Risk Management in the Telecoms Industry: Harnessing Emerging Technologies and Trends.” “As we navigate through 5G and the uncharted territory of the next generations of wireless technologies, collaborative efforts among regulators, industry…

Even though the tech giants have weathered the crises of job cuts in 2023 and come out the other side relatively unharmed, a strong indication has emerged that many have continued cutting their staff numbers in the last two months. According to data presented by Stocklytics.com, tech companies laid off almost 41,800 employees year-to-date, only 6,000 less than in the entire second half of 2023. The report noted that SAP, Cisco, PayPal, and Farfetech layoffs lead the 2024 numbers. Almost 40% of all job cuts in the past two months came from only four companies. Statistics show the German software…

Courtesy of the Pilot Phase of Free Public Wi-Fi initiative launched in Awka, capital of Anambra State last week by the state government, the citizens of the state are set to enjoy one hour of free internet access, every 24 hours. Locations in Awka, where the free wi-fi services can be accessed Aroma Junction, Book Foundation, and UNIZIK Back Gate. These locations are not only strategic but also quite important for students and businesses alike. The wi-fi initiative is driven by the Anambra State ICT Agency in collaboration with Pineheight Systems Limited (PHSWEB). It marks a significant stride towards launching…

… Nigerian Affiliate wins Best FX Bank in the country  Ecobank has won the Best Bank for SMEs in Africa 2024 award in Global Finance’s annual SME Bank Awards, reflecting the bank’s unwavering commitment to meeting the specialised needs of SMEs across its diverse markets. The award ceremony took place on 20 February 2024 at Glaziers Hall in London, UK. Also, one of its affiliates, Ecobank Nigeria emerged Best FX Bank under the Country & Territory Awards category for Nigeria. According to Global Finance, Ecobank Nigeria emerged winner based on transaction volume, market share, breadth of offerings, and global coverage, as detailed…

The National Information Technology Development Agency (NITDA) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is set to seal a partnership that will lead to channeling interventions for approximately 40 million small businesses spread across Nigeria. This partnership, according to the duo is key based on the fact that SMEs are responsible for 50 percent of the country’s Gross Domestic Product (GDP) and 70 million jobs. “There were opportunities for collaboration between NITDA and SMEDAN as stated in the NITDA Strategic Roadmap and Action Plan (SRAP 2.0) like the first pillar which is to foster Digital Literacy…

In a rapidly evolving landscape, digital transformation emerges as the catalyst propelling Nollywood into a new era of innovation and growth. By embracing digital technologies, Nollywood stands poised to revolutionize the entertainment industry, harnessing the power of data, AI, and emerging platforms to reshape storytelling and audience engagement. Jide Awe, CEO of Jidaw.com, emphasized the urgency for Nollywood stakeholders to embrace digital technologies during the fireside session of the Nollywood Economic Outlook 5.0 in Lagos. Talented Actress, Ijeoma Imo, hosted the Fireside Chat Session. The Nollywood Economic Outlook, now in its fifth year, is a special economic session for creatives…