Author: ITPulse

LG Electronics (LG) is showcasing its expanded Fit & Max Solution at IFA 2026 in Berlin, Germany, from September 4 to 8. First applied to select refrigerator models, LG’s ‘Fit Space, Max Life’ approach is now being extended to washing machines, dryers and dishwashers. LG will present the three product categories together in a dedicated Fit & Max Solution zone at its IFA booth. Displayed in exhibits replicating stylish, modern kitchen and laundry spaces, the appliances demonstrate how Fit & Max delivers seamless integration into the home without compromising the capacity or performance consumers need. Fit Space, Max Life Across…

PalmPay has launched ‘PalmPay Dey For You’, a customer-focused campaign reinforcing its commitment to secure, reliable, and accessible banking for millions of Nigerians. As conversations around the safety, stability, and reliability of financial institutions receive increased attention, PalmPay is reassuring customers that it remains committed to providing a dependable banking experience backed by strong regulatory oversight, security infrastructure, and customer protection. PalmPay is licensed by the Central Bank of Nigeria (CBN), with eligible customer deposits insured by the Nigeria Deposit Insurance Corporation (NDIC). Today, Millions of Nigerians use PalmPay for everyday financial services, including transfers, bill payments, savings, and other…

 By Abigail Mbah Leading Nigerian fintech platform OPay has petitioned the Department of State Services (DSS), Nigeria’s secret police and the Nigeria Police Force to track down and prosecute those behind viral, fabricated claims that the company plans to shut down. The security agencies were brought in following the rapid spread of a fake notice styled as an official OPay communication. The viral post claimed the platform would suspend operations and transaction processing for an indefinite break starting September 1, urging customers to withdraw their funds immediately. Addressing a press conference in Lagos, OPay’s Chief Legal Counsel, Akinfolabi Rokosu, emphasized…

WIOCC Group has secured a $300 million combined investment from the Africa Finance Corporation (AFC) and Vision International Investment Company (Vision Invest). Formally signed at the LEAP 2026 Global Technology exhibition in Riyadh, the Shareholder Subscription Agreement (SSA) directly fuels WIOCC’s mission to construct, consolidate, and operate open-access, critical digital infrastructure across the continent. With internet penetration in Africa sitting at just 35.7% compared to the global average of 73.6%, the multi-million-dollar capital injection addresses a crucial gap in continental connectivity. WIOCC Group will deploy the capital across three primary areas: Accelerating data center deployment and consolidation to handle skyrocketing…

By Abigail Mbah Nigeria’s federal government spent N1.928 trillion (about $1.3 billion) on electricity subsidies in 2025, according to the Nigerian Electricity Regulatory Commission’s latest industry report. The amount covered 57.44 percent of the total invoice from the Nigerian Bulk Electricity Trading Company. On average, the government shouldered roughly N160.7 billion every month. The quarterly figures showed a steady decline: N536.4 billion in the first quarter, N514.4 billion in the second, N458.8 billion in the third, and N418.8 billion in the fourth. The subsidy exists because most customer tariffs remain frozen at the rates approved in July 2024. Only Band…

By Abigail Mbah Nigerian payments giant Paystack has folded card-issuing startup Allawee into its operations following a 2025 acquisition that was never publicly announced. Customers of Allawee now face a firm deadline to withdraw their money and switch services before the platform shuts down its accounts and cards at the end of the year. Allawee informed users in emails that its business and personal account services will stop on December 1, 2026. From that date, any payments sent to existing Allawee account numbers will fail, and physical or virtual cards issued by the company will stop working, regardless of the…

Switch Solutions Limited is using its participation at GITEX Nigeria 2026 to push a stronger case for cybersecurity, data protection and digital sovereignty as Nigeria accelerates its ambition to build a technology-driven economy. The Nigerian ICT consulting firm, which specialises in cybersecurity, data protection, software development and digital transformation, is exhibiting at the second edition of GITEX Nigeria, taking place from August 31 to September 3 across Abuja and Lagos. The company’s participation comes as Nigeria seeks to strengthen its digital infrastructure and position itself as a major artificial intelligence hub in Africa, while pursuing the Federal Government’s ambition of…

The Accra Institute of Technology (AIT) has conferred degrees on 572 students across doctoral, master’s, and bachelor’s programmes in a landmark event that underscores the institution’s growing contribution to Ghana’s higher education landscape. Also, in the 22nd Graduation Ceremony, 8 PhD, 69 master’s, and 495 bachelor’s graduates receive their degrees. The bachelor’s graduates comprised 405 from AIT’s campus-based programmes and 90 from its Open University programmes. A key highlight of the ceremony was the graduation of eight new PhD scholars, taking AIT’s cumulative number of PhD graduates to over 100. The university has now graduated doctoral scholars for the 14th…

Following the successful Government Leadership & AI Summit in Abuja, GITEX NIGERIA is moving to Lagos for its Tech Expo, staged alongside the Future Economy Conference and FDX by GITEX. Starting from tomorrow, the Lagos leg is positioned to directly connect regional entrepreneurs and early-stage companies with significant international capital and global expansion opportunities. More than 200 investors representing 30 countries and managing a collective $200 billion in assets under management (AUM) are attending the expo. The event has drawn a diverse mix of international venture funds seeking exposure to West Africa’s tech ecosystem, including Askya Investment Partners (France), Incofin…

By Martin Ekpeke GITEX NIGERIA 2026 officially kicked off on Monday with a high-profile inauguration ceremony in Abuja, marking the start of West Africa’s largest technology, artificial intelligence, and startup gathering. Running from 31 August to 3 September across Abuja and Lagos, the second edition of the event convenes global digital economy stakeholders to shift Nigeria’s role from a consumer of foreign technology to an architect of global tech infrastructure. Held under the patronage of President Bola Ahmed Tinubu and supported by the Federal Ministry of Communications, Innovation and Digital Economy alongside the National Information Technology Development Agency (NITDA), the…