Author: ITPulse

By Seyi Johnson Mixed reactions have trailed the CBN’s announcement last week on the appointment of UPSL as the 2nd Payment Terminal Services Aggregator (PTSA) in Nigeria, to join NIBSS which effectively held a monopoly of the play for many years. Whilst some stakeholders acknowledge the progress this move portends, from the perspective that it’s opened up a previously closed, mono-player control of what is ordinarily a very strategic gateway for payment transactions in an economy that is arguably the largest in Africa, many of the stakeholders whose opinions we sought queried the rationale of moving from a monopoly to…

The President of the African Development Bank Group, Dr. Akinwumi A. Adesina in a speech he delivered at the Islamic Development Bank’s 50th-anniversary celebration in Riyadh, Saudi Arabia has addressed five issues, which he believes will meet the Sustainable Development Goals (SDGs) by 2030. These are the issues: Climate Change Threatens Progress: Adesina highlighted climate change as the biggest threat to achieving the SDGs. He stressed the need for developed countries to provide grants, not loans, to developing nations facing the brunt of climate devastation. The African Development Bank’s commitment to raise $25 billion for climate adaptation by 2025 and…

CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024. Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today. This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024, at the Four Points…

Wale Owoeye, the Managing Director/CEO of Cedarview Communications Limited, a leading ICT firm based in Lagos State, has been honored as one of Nigeria’s 50 most influential personalities in the digital economy. He received this prestigious recognition at the recent “50 Most Valuable Personalities in Nigeria’s Digital Economy” event held in Lagos. Organised by IT Edge News Africa, the event brought together key stakeholders from various sectors, including prominent industry associations such as the Association of Telecommunications Companies of Nigeria (ATCON), Association of Licensed Telecoms Operators of Nigeria (ALTON), and the Association of Licensed Data Protection Organisations of Nigeria (ALDAPCON). Dr. Vincent…

Vesti, a financial technology company, launched two innovative features designed to revolutionize the migration experience for Nigerians and indeed other citizens The two solutions are Miai and Safelock, which promise to empower immigrants with personalized guidance and secure financial solutions throughout their journeys. This launch marks a significant milestone for Vesti, following their announcement in Q4 2023 to become an AI-focused company targeting the global financial services market for immigrants, valued at $36 billion. Speaking at the launch of the solutions in Lagos, South-West Nigeria, Olusola Amusan, Vesti’s Co-founder and CEO declared: “Today marks a turning point, as Miai and…

The Google Developer Groups Lagos (GDGLagos) has announced a regional edition of the global #BuildWithAI hackathon, in partnership with SeerBit, Africa’s most trusted payment solutions provider and GOMYCODE. This hackathon, taking place on Saturday, April 27th and Wednesday, May 1st, 2024, will empower participants to explore Google’s AI tools, Gemini and Vertex AI and develop innovative solutions for real-world challenges. “We are excited to partner with Seerbit and GoMyCode to bring the #BuildWithAI hackathon to Lagos,” says Co-Organizer, GDGLagos, Femi Taiwo. “This event fosters innovation and empowers individuals to use AI to solve real-world problems. We encourage everyone interested in…

The President of Internet Society, Nigeria Chapter (ISOC Nigeria), Engr. Kunle Olorundare has officially declared the ISOC Nigeria 2024 International Girls in ICT Day open, paving the way for a day filled with learning, empowerment, and the exploration of limitless potential in the exciting world of technology. The event was organized in a hybrid session which was the first segment before decentralizing into the physical hubs in Ogun State, Sokoto State, Adamawa State, Plateau State, FCT and Cross River State where the physical hubs were held. In all, 600 girls graced the occasion physically. Speaking at the event, which brought together…

The Global Payments Innovation Jury report, unveiled by Interswitch Group in Nairobi, Kenya, with a special focus on a new era for payments has shed light on the future of the payments industry after a period of significant market shifts. The report, titled “Market Meltdown – Impacts on Infrastructure, Regulation and Innovation,” is the most diverse in the Jury’s 16-year history, with participation from over 130 payment experts worldwide. This year saw a significant increase in representation from central banks, regulators, and investors, providing a more comprehensive view of the industry’s challenges and opportunities. Commenting on the report, Mitchell Elegbe,…

…. The LG Electronics flagship event hosted in Abu Dhabi showcasing all major product lineups  LG Showcase MEA 2024 today welcomed guests and partners in Abu Dhabi to in-person experience the latest and greatest the brand has to offer. The two-day event held at Conrad Abu Dhabi Etihad Towers Hotel in Abu Dhabi, UAE had over 500 guests who witnessed all of LG Electronics’ new innovations that will be rolled out in the region. The LG Showcase, returning after a successful event last year, will create a common platform for experiencing LG Electronics’ unique customer-focused innovations and reaffirm the company’s…

The .ng domain name, Nigeria’s country code top-level domain (ccTLD), is the nation’s critical resource in the digital space, says Adesola Akinsanya, the president of the Nigeria Internet Registration Association (NiRA). The .ng domain extension is unique to Nigeria, and it can give businesses a strong local identity. This can help establish trust with customers, which is especially important for businesses that rely on local customers. Mr. Akinsanya made the comments at NiRA Executive Board of Directors (EBOD) and Management Training held at the Lagos Business School (LBS). The NiRA Executive Board and Management Training at LBS spanned a series…