Author: ITPulse

Ahead of the January 31, 2024 deadline by the Central Bank of Nigeria (CBN) for existing users of fintech companies to upgrade their wallets, leading fintech company PalmPay has urged its users to upgrade their KYC details. Fintech users affected by the CBN directive are grouped into three categories. New users are mandatorily required to provide their NIN and or BVN number for Tier 1 wallet opening. Those with an existing Tier 1 wallet but are yet to add their NIN or BVN have until March 1 2024 to do so. All existing users across the three tiers, whose NIN…

9mobile, Nigeria’s innovative telecommunications company recently hosted a dynamic Capacity Building Workshop for Photojournalists with the theme “New Technologies in Photography and Their Applications in Photojournalism.” The workshop which saw the participation of accomplished photojournalists eager to elevate their craft was facilitated by Modo Ekene Victor, a trailblazer in photography; an accredited FIFA.com, CAF/LMC/NPFL photojournalist and the 2019 Photojournalist of the Year by the Nigerian Sports Awards.  Speaking before the workshop, 9mobile’s Public Relations Lead, Chineze Amanfo, emphasized the importance of embracing technological advancements in the ever-evolving landscape of photojournalism.  “As a company deeply rooted in innovation, 9mobile recognizes the…

The recent announcement of Jumia Food’s exit from Nigeria, its biggest market, has set alarm bells ringing among industry watchers. Dr. Fred Bongani, a former employee, and founding staff, examines the fallouts from this latest misadventure. Despite its potential as a goldmine, E-commerce remains one of the most challenging business sectors in Nigeria and the African continent. The obstacles that lie in the path of businesses intent on cracking e-commerce on the continent are well-documented, among which infrastructural deficiencies, logistical hiccups, skepticism for online shopping and predilection for offline retail, and slow adoption of digital payment, among others, figure prominently.…

…. The awareness campaign is designed to equip Nigerians with the tools they need to distinguish between legitimate offerings from QNET and fraudulent schemes. To foster brand recognition and enhance consumer protection in Nigeria, QNET, a leading global lifestyle and wellness-focused direct selling company, has announced the commencement of a comprehensive social awareness campaign. This initiative, spanning three months, will utilize a strategic mix of Above The Line (ATL) and Below The Line (BTL) Advertising techniques to effectively educate and engage the Nigerian audience and consumers. With a focus on outdoor advertising, traditional media channels, and the Nairaland forum, QNET…

Owing to the non-settlement of interconnect charges, the Nigerian Communications Commission has decided to disconnect subscribers on the Globacom network from making calls to subscribers on the MTN Nigeria network. According to NCC, the partial disconnection of Globacom to MTN is per Section 100 of the Nigerian Communications Act, 2003 and Paragraph 9 of the Guidelines on Procedure for Granting Approval to Disconnect Telecommunications Operators, 2012. It explained that it received an application from MTN to disconnect Globacom from its network, and was given Globacom the opportunity to comment and state its case. However having examined the application and circumstances…

By Joseph Johnson  The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, CCIE, has avowed that automation of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) will up the ante in tackling corruption to a large extent in the country.  Inuwa made this known during a Courtesy Visit to him by members of staff of the Commission, led by the Chairman, Dr. Musa Adamu Aliyu, SAN.   While confirming the Agency’s readiness to collaborate with ICPC to aid the digitisation of its services and monitoring corrupt practices in public institutions, Inuwa said automation is…

Some Nigerians have reacted to the National Information Technology Development Agency (NITDA), asking what their vision is for the country’s startup ecosystem.  NITDA had earlier today requested on X (formerly Twitter) to know the vision of Nigerians on the startup ecosystem.  “Let’s have a little #StartupTalk What is your vision for the Nigerian startup ecosystem? Share your thoughts and aspirations as we embark on this transformative journey,” it requested.  But reacting, @Ehys__ said “ That every Nigerian in any part of the country can get access to financial and startup opportunity without knowing anybody in NITDA before getting access and…

Mr. Seun Dania, the Chief Executive Officer of Tradefada, Nigeria’s most actionable and easy-to-use digital currency trading platform, in this interview with ITPulse’s Martin Ekpeke, posited that 2024 presents a position outlook for digital currency adoption in Nigeria going by some steps being taken by the present government. Seun, who is also a founding member of Digital Currency Coalition, believes that the challenges of lack of awareness and fear of financial loss, which have remained roadblocks to widespread digital currency adoption in Nigeria will be demystified by public education initiatives that will ultimately, build trust and encourage participation from the…

By Martin Ekpeke In Nigeria and indeed all over the world, the telecommunications sector plays a key role in the economy and serves as a major enabler of other sectors of the economy. Thus, the government needs to diversify the economy from the hitherto reliance on crude oil and begin to see telecom as a diversification engine. For this reason, the Nigerian government in its wisdom through the then Ministry of Communications and Digital Economy launched the ‘National Policy for the Promotion of Indigenous Content in the Nigerian Telecommunications Sector’ two years ago. The policy was launched as a commitment…

Lucky winners have begun to emerge in the ongoing PalmPay Purple Christmas campaign featuring Nigerian singer-songwriter and pop star Teni. Mary Gbemisola, one of the lucky winners of a hamper and other Christmas gifts delivered to her house by Teni, said she was “happy receiving a Christmas gift from Teni,” adding, “Now my Christmas is made and I have my rice and other gifts that Teni gave me.” Continuing, Ms Gbemisola said, “I have been using PalmPay for close to two years now and it has been a wonderful experience. I love PalmPay because the company is always in the…