Author: ITPulse

By Epiphanus Obia  The Corporate Affairs Commission (CAC) has commenced another round of its nationwide compliance exercise, targeting 100,000 companies for possible removal from Nigeria’s corporate register over alleged failure to meet statutory filing obligations. In a public notice dated July 15 and signed by its management, the commission said the affected entities, listed under Batch 6, have 90 days to regularise their status by filing all outstanding annual returns and, where applicable, updating information on persons with significant control and beneficial ownership. According to the commission, the names of the affected companies have been published on its official website.…

By Epiphanus Obia Viral TikTok videos allegedly showing users how to exploit Temu’s refund system have sparked widespread concern among Nigerians, with many warning that abuse of the Chinese e-commerce platform’s policies could eventually lead to restrictions on Nigerian shoppers. The debate gathered momentum after X user @TalkswithAkwa accused TikTok creators of teaching people how to bypass Temu’s ₦20,000 minimum order requirement and falsely claim that delivered items were never received in order to obtain refunds while keeping the products. “Tomorrow now when Temu bans Nigeria from shopping from them, let us not act like we don’t know the reason…

By Epiphanus Obia  Selar founder and chief executive officer Douglas Kendyson on Wednesday, 15th July, publicly accused the Lagos Internal Revenue Service (LIRS) of wrongly pursuing the company for backdated royalty taxes, arguing that the demand could increase costs for creators and discourage growth in Nigeria’s digital economy. In a post on X addressed to Lagos State Governor Babajide Sanwo-Olu and Minister of Arts, Culture, Tourism and Creative Economy Hannatu Musawa, Kendyson said Selar had met its tax obligations over the years but was now being asked to pay what he described as a five per cent backdated royalty fee…

The urgent need for Nigeria to think outside the box and drive global relevance through scientific innovation will take center stage at the Nigeria Information Technology Reporters Association (NITRA) Innovative & Scientific Conference, scheduled to hold on Thursday, July 23, 2026, in Ikeja, Lagos. Under the theme, “Bridging Nigeria’s Digital Divide With Scientific Innovation,” the Nigerian Communications Commission (NCC) will lead industry delegates to discuss and make critical decisions aimed at shaping the nation’s technological landscape. Key industry heavyweights have already signaled their partnership with NITRA for the event. These include mobile brand Tecno; Africa’s premier end-to-end AI solutions company,…

The National Information Technology Development Agency (NITDA) is mulling a strategic partnership with the newly established Federal University of Environment and Technology (FUET), Ogoni, Rivers State, to deepen digital education. This collaborative effort aims to boost the institution’s academic offerings by investing in essential digital infrastructure, fostering local innovation, and building modern digital skills within the region. The initiative took a major step forward during a courtesy visit by FUET’s management, led by the Vice Chancellor, Professor Prince Chinedu Mmom, to NITDA’s Corporate Headquarters in Abuja. Discussions between the two delegations centered on creating a robust, technology-driven ecosystem designed to…

The global smartphone market experienced a sharp downturn in the second quarter of 2026, with shipments declining 11% year-over-year (YoY) to reach their lowest Q2 levels since 2013. According to preliminary estimates from Counterpoint Research’s Market Monitor, a worsening global memory shortage has overtaken all other market factors to emerge as the dominant drag on the industry. The steep decline in shipments is directly tied to soaring component costs. DRAM and NAND flash memory prices increased significantly throughout the quarter as memory suppliers prioritized high-margin demand from artificial intelligence (AI) data centers over consumer electronics. This supply shift forced Original…

Solution Innovation District, Anambra State is pleased to announce the appointment of Ms. Chinwe Okoli, Special Adviser to the Governor on Innovation and Business Incubation and CEO of the Solution Innovation District (SID), to the Global Steering Committee of the 43rd International Association of Science Parks and Areas of Innovation (IASP) World Conference, holding in France, from 27-30 October 2026. IASP is the world’s foremost network of science parks, innovation districts and technology hubs. Established in 1984, it brings together over 350 member organisations across more than 70 countries, connecting governments, universities, research institutions and innovation ecosystems worldwide. As a…

By Martin Ekpeke Following the passing of the landmark March 31, 2026, deadline, the Nigerian banking sector has successfully concluded the largest deliberate recapitalisation exercise in its modern history. According to the newly released Tier 1 Banks Report: Nigerian Banks Post-Recapitalisation by Proshare, 33 banks have been cleared by regulators, injecting an aggregate of approximately N4.65 trillion into the nation’s financial system. However, Proshare warns that the hard part is just beginning. The report’s core proposition is clear: the discriminating variable for success has shifted from capital adequacy to capital effectiveness. While clearing the Central Bank of Nigeria’s (CBN) regulatory…

By Martin Ekpeke Nigeria’s digital economy is facing an unprecedented connectivity crisis, as rampant vandalism, rapid road construction, and infrastructure degradation triggered over 150,000 fibre-optic cable cuts in just two months. According to the latest Quality of Experience (QoE) update from the Nigerian Communications Commission (NCC), a staggering 155,397 fibre-cut incidents were recorded across April and May 2026, marking the highest level of network disruption in the country’s history. This dramatic surge represents a catastrophic 2,428% increase compared to the first quarter of the year, plunging telecom operators into a constant battle to maintain baseline uptime. This is despite the…

“Quantum Shift”: Don Pedro Aganbi on Why Nigeria Must Lead the Next Era of Digital Transformation Nigeria’s technology ecosystem is at a defining moment. As artificial intelligence, fintech, cloud computing, cybersecurity, data intelligence and other emerging technologies reshape industries and economies around the world, the need for bold innovation, strategic investment and collaborative leadership has never been more critical. In line with this, the Titans of Tech Conference & Expo 2026 is set to hold on July 17 at Oriental Hotel, Lagos, with the theme “Quantum Shift.” The conference designed to bring together policymakers, technology leaders, investors, entrepreneurs, regulators, corporate…