Author: ITPulse

Pioneer and successful players in startup businesses have unanimously advised that success could only come the way of upcoming entrepreneurs through passion and perseverance rather than the desire to get rich quickly. The stakeholders advised on Thursday at the breakout session on the WorldStage Economic Summit 2023 held at the event center of the Nigerian Exchange, Lagos with the theme “The Game Changer.” Moderated by the Editor-in-Chief of Global Financial Digest, Mr. Mayowa Oludare, guest speakers took turns to share their experiences and address issues that were critical factors in understanding and running startup businesses to succeed were Mr. Tim…

Cross-border e-commerce presents a lucrative opportunity for businesses to expand their reach and tap into emerging markets in today’s globalised economy. However, developing and implementing cross-border e-commerce solutions tailored to these markets comes with its own set of complexities and challenges. This article looks into the processes and important strategies for creating successful cross-border e-commerce platforms for emerging markets, focusing on logistical challenges, currency exchange, regulatory compliance, and localised marketing strategies. Drawing from the experience of Chidi Udeze, a Senior Product Manager with over 4 years of experience at top companies like Jenesys AI, Entrova, and Nomba. Who have witnessed…

The Chief Executive Officer and Co-founder of Cybervergent, Adetokunbo Omotosho has adduced reasons why the company recently pivoted from Infoprive to Cybervergent, a pioneering technology company dedicated to revolutionising the cybersecurity landscape in Africa. In a chat with the media today, Omotosho noted that the strategic shift marks a significant milestone in the company’s unwavering commitment to pioneer Africa’s cybersecurity through innovation, automation and all-encompassing scaled solutions. “For us, Cybervergent represents not just a name change; it embodies the convergence of cutting-edge technology, visionary leadership, and a resolute commitment to safeguarding businesses in the digital age on the continent, starting…

The Nigerian Upper legislative chamber, the Senate today confirmed the appointment of Dr. Aminu Maida as the new Executive Vice chairman of the Nigerian Communications Commission (NCC). The confirmation means he will serve a five-year term in office and is subject to renewal by the President. The Chairman of the Senate Committee on Communications, and former Minister of Communications, Senator Ikra Aliyu Bilbis, submitted the report to the Senate to consider the request of President Bola Tinubu for the confirmation of Maida for appointment as the country’s Chief Telecom Regulator, noted that Maida had passed all scrutiny by the relevant…

Senior global executives from Anthology, a distinguished leader in education technology, will be in Nigeria to further discuss collaborations with the federal government, educational institutions, and other key stakeholders in the country. The visit comes on the heels of Nigeria’s adoption of Anthology’s leading Learning Management System (LMS), Blackboard Learn. During the visit, the EdTech provider is billed to meet with the Honourable Minister of Education, Tahir Mamman, among others to discuss cutting-edge EdTech solutions to support the diverse needs of learners, educators, and institutions, facilitating the attainment of educational objectives. Spanning a presence across more than 80 countries and…

Revenue in the e-commerce market in Africa is projected to reach US$40.80bn and expected to show an annual growth rate (CAGR 2023-2027) of 13.53% by year-end 2023, information on Statista has shown. This is even as the e-ordering market in Africa is growing rapidly due to increased internet penetration and smartphone usage. But despite the rapid growth of the e-commerce sector on the continent, online shopping in Africa is still under the global average, even in Africa’s driving markets. According to Statista, African online retail has been growing fast in recent years and this trend is forecasted to continue, with…

A report released today by the National Bureau of Statistics (NBS) has shown that Nigeria recorded a 0.61 percent point when compared to the September 2023 headline inflation rate. The NBS office said the country’s annual inflation rate rose to 27.33 percent in October from 26.72 percent in the previous month. The report indicates that on a year-on-year basis, the headline inflation rate was 6.24 percent points higher compared to the rate recorded in October 2022. Meanwhile, the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 26.72 percent in September…

The proposal to train three million Nigerians over four years is capable of increasing Nigeria’s pool of technically-skilled persons in the global market leading to potential employers of digital and technical skills in the international scene to begin to engage more Nigerians.  This is the position of the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, while applauding the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani for the prosal, which has already attracted 1 million applicants. While speaking in Lagos at the City Business News Summit on the theme ‘Repositioning Nigerian Economy through…

Bureau Veritas plays a key role in facilitating intra-African trade, helping support their clients to achieve market access for made-in-Africa products, whilst also facilitating and promoting relationships with International Financial Institutions, including Afreximbank. The African continent presents huge growth potential and the recently introduced African Continental Free Trade Area (AfCFTA) agreement promises to underpin trade facilitation and economic expansion with be the largest free trade area since the formation of the World Trade Organization in 1995. The longest journey starts with a single step. Government, public bodies, private institutions, and investors are having conversations with a pointed focus on compliance…

By Julien Fouilliart The economy needs reliable infrastructure to connect supply chains and efficiently move goods and services across borders Infrastructure development is an essential driver for progress on the African continent and has the potential to be an enabler of sustainable and inclusive economic growth. The economy needs reliable infrastructure to connect supply chains and efficiently move goods and services across borders. The recent multifaceted crises, including climate-related issues, the COVID-19 pandemic and the conflict between Russia and Ukraine have all strongly impacted the country’s debt surge – slowing down the emergence of large infrastructure projects. Although the direct…