Author: ITPulse

The Managing Director of Hilal Takaful Nigeria Limited, Haj. Thaibat Adeniran has highlighted how the trio of emerging technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and Robotics will transform the insurance industry in Nigeria. Presenting a paper on ‘Leveraging Emerging Technologies for National Development’ at the Digital Agenda Forum, which was organized by Technology Africa last week in Lagos, Haj. Thaibat noted that leveraging these emerging technologies will seismically impact the broader industry in the next few years. She argued that these emerging technologies underpin insurance solutions, compelling large numbers of insurers to implement them. For Artificial…

Stakeholders who gathered at this year’s Digital Agenda Forum in Lagos have bemoaned the lack of orientation on the part of the Nigerian citizens and the government, leading to the poor patronage of locally made products in the country. While calling for a reorientation of the citizens and indeed the government, the stakeholders believe that lack of orientation and patriotic zeal is responsible for the ongoing huge migration from Nigeria. First to make the call is the President of the Institute of Software Practitioners of Nigeria (ISPON), Mr. Bimbo Abioye. According to him, Nigeria cannot be the power of Africa,…

The Director-General of the National Information Technology Development Agency, (NITDA) Mal. Kashifu Inuwa has urged the Ondo State government to equip its people with digital skills and provide them with digital infrastructure. The NITDA DG, who delivered a keynote address titled “Tech-Forward Ondo” at the Develop Ondo 2.1, a virtual summit organised by the state’s Ministry of Regional Integration and Diaspora Relations, noted that such empowerment will enable the citizens to establish innovation-driven enterprises in the state and also participate in the global digital economy. Inuwa, who was represented by the Acting Director of Corporate Planning and Strategy Department, Dr.…

Nigeria has exhibited an impressive outing at the ongoing International Telecommunications Union (ITU)’s World Radio Communications (WRC) Conference 2023 in Dubai, United Arab Emirates, as two Nigerians were elected into leadership positions, while some other delegates from the Commission were elected into Working Groups. An excited Executive Vice Chairman of the Nigerian Communications Commission, Dr. Aminu Maida, speaking on the sidelines of WRC 2023 in Dubai,  announced that the Director of Spectrum Administration at NCC, Engineer Abraham Oshadami, has been elected  Vice Chairman of the ITU’s Radiocommunication Advisory Group (RAG); while the Acting General Manager and Project Manager, Navigation Project…

The Africa Innovation Platform, a suite of mentorship, education, and training programs created to support the development of Africa’s emerging technology ecosystem by Qualcomm has been able to empower many promising early-stage startups in Africa, including Nigeria’s QuadLoop, which leverages e-waste for solar e-Lanterns and battery storage in Nigeria. Other startups the programme has helped with innovative end-to-end systems solutions include Ecorich Solutions – patented organic composting in Kenya Fixbot – Vehicle diagnostics and inspection via OBD dongle in Nigeria Karaa – e-Bike tracking, charging, retrofit, and rentals in Uganda Maotronics Systems Limited – IOT-enabled precision agriculture in Nigeria Microfuse…

9Mobile has launched what it tagged 9Lives Rap Battle competition, which is targeted at celebrating talented and emerging artists in the Nigerian music industry. The competition, which is nationwide is designed by 9mobile to unearth and promote the next generation of rap superstars, and is open to unsigned and undiscovered talents and encourages participants to bring their unique style and lyrical prowess to the fore. “As a telecommunications company deeply embedded in the Nigerian culture, 9mobile recognizes the significance of music as a powerful expression of identity and aims to support the growth of the local music scene. We want…

A recent global survey shockingly reveals that 85% of respondents are oblivious to the fact that their private digital footprints are being harvested and sold at scale by technology companies. How Your Data is Harvested In the digital sphere, your actions leave a ‘digital footprint’. Every website visit or online interaction gets recorded, and these chronicles are your digital history. Some tech corporations systematically assemble this information, forming data profiles. “These data profiles can provide an oddly omniscient perspective of your online persona. Frighteningly, these profiles are transacted continually and lucratively in the unregulated data marketplace,” states Steffan Black, a…

Key findings from the 2024 edition of the Top 100 Business Opportunities in Africa to Watch, an annual selection of the continent’s most lucrative business ideas and investment opportunities curated by Activator HQ, have shown that the food sector and digital economy top the continent’s business opportunities to watch in 2024. Other areas of interest are circular economy, energy value chain and financial services. According to the report, Africa will be one of the fastest-growing regions in 2024 despite rising food and fuel costs, weakening currencies, climate change effects, security threats, political instability, rolling power cuts, infrastructure limitations, and several…

The Central Bank of Nigeria (CBN) has suspended all forms of processing fees charged on all cash deposits above N500,000 for Individuals and N3,000,000 for corporate thresholds with immediate effect. According to a circular to all banks, other financial institutions and non-bank financial institutions issued today and signed by Dr. Adetona S. Adedeji, Ag. Director Of Banking Supervision, the suspension shall remain in effect until April 30, 2024. “The Central Bank of Nigeria hereby suspends the charging of processing fees of 2% and 3% previously charged on all cash deposits above these thresholds with immediate effect. This suspension shall remain in…

In an era of rapid digitalization where organizations worldwide are heavily investing in digital assets, the persistent threat of cybersecurity breaches has underscored the critical need for robust cybersecurity partners. Rising to meet this demand is Zoracom, a technology company for cybersecurity, observability and infrastructure management based in Lagos that has achieved significant milestones since the establishment of its Network and Security Operations Center (NSOC), touted as one of the most sophisticated in both Nigeria and Sub-Saharan Africa. Zoracom’s NSOC has made remarkable advancements in capacity building for cybersecurity experts and the mitigation of digital breaches. Speaking at a media…