Author: ITPulse

The Internet Exchange Point of Nigeria (IXPN) has set an ambitious target of meeting 1 terabyte peak local Internet traffic by the end of 2024, even as it presently boasts of 500 Gbps from the 300Gbps it recorded last year in its infrastructure. Speaking to newsmen in Lagos, Chief Executive Officer of IXPN Mr. Muhammed Rudman said the target is set having achieved the milestone of 500 Gbps based on the connection of several global and local content providers exchanging traffic locally via the exchange point. He said IXPN has over 120 connected members, which includes some of the global…

The Nigeria Innovation Summit 2023 which was held on October 6th, 2023 with the theme: Innovating for the Future, was successfully concluded with the participation of delegates and stakeholders across the globe, who participated in the hybrid event. The Summit in its 8th year is an annual event that brings together stakeholders from different sectors of Nigeria’s economy, governments, investors, policymakers, and players in the tech and innovation ecosystem to discuss ground-breaking ideas, trends, and opportunities to innovate solutions that solve unique challenges within Nigeria, and the African continent at large. This year’s NIS explored topics such as Digital Opportunities…

By Elvis Eromosele   In Nigeria today, the monster of inflation is rearing its head with unrelenting intensity. Prices are spiraling out of control, and the average business owner and individual are grappling with the harsh reality of inflation’s bite. While this economic challenge is not unique to Nigeria, its impact is profoundly felt by those at the bottom of the pyramid.   According to the National Bureau of Statistics (NBS), Nigeria’s annual inflation rate climbed to 25.8 percent in August 2023, from 24.08 percent in July, marking the highest rate since September 2005. Experts point out that the rate…

The quest for a reliable telecommunications infrastructure for the players in West Africa’s industry to deliver essential services and products in an interdependent ecosystem was the focus of discussion at the maiden edition of the West Africa telecoms Infrastructure Summit and Exhibition (WATISE). The event, which has as its theme: ‘The Future of Infrastructure, Connectivity And Services: A New Interdependent Ecosystem of Partners’ was hosted by TechnologyMirror, an ICT and Telecoms news website with support from the Nigerian Communications Commission (NCC) and IHS Towers Nigeria. In the lead presentation with the topic: ‘Telecoms Infrastructure Challenges: The Pains of Inter-Related Players…

A $300 million deal has been signed between Africa Data Centres and the U.S. International Development Finance Corporation (DFC) as part of a commitment to strengthen the digital economy in Ghana and Africa. The deal highlights the key role that technology will play in ensuring that Ghana continues its upward trajectory of becoming a digital economy. Africa and Africa Data Centres will mobilise part of its existing DFC-financing commitment of $300 million to construct a first-of-its-kind data centre in Ghana; The investment is part of the organisation’s plan to strengthen ICT infrastructure in Africa; opening doors to the new data…

QNET, the global wellness and lifestyle-focused direct-selling company celebrated its 25th anniversary with a spectacular double convention in Penang, Malaysia. The milestone event brought together a staggering 20,000 attendees from over 20 countries, including Nigeria, for two back-to-back conventions in September. In line with the company’s commitment to promoting a healthy lifestyle and reducing its environmental impact, QNET launched two standout products at the anniversary conventions. 1) Homepure Nova with Pi-Plus Cartridge – An enhanced version of the company’s bestselling HomePure Nova 9-stage water filtration system, which promises improved hydration and fortified antioxidant benefits in your drinking water. 2) Bernhard…

In the ever-increasing space of distributed systems, consistency, reliability, and scalability are the watchwords. Monolithic legacy systems groan with increased loading, while microservices need new patterns for consistency with the information and proper state management. Steve Adodo, an experienced senior software developer, has worked for years striving to address these problems, creating solutions that easily leverage Command Query Responsibility Segregation (CQRS) and Event Sourcing in event-driven designs. His experience has led to the creation of highly scalable, reliable, and performance-efficient systems that power the digital businesses of the present. Asynchronous communication underpins event-driven systems, and microservices exchange information with each…

The National Information Technology Development Agency (NITDA has reiterated its commitment to driving Nigeria’s digital future, fostering innovation, and positioning the country as a global hub for tech talent and entrepreneurship. The Director-General of NITDA, Kashifu Inuwa stated this during a fireside chat session, moderated by Alex Onukwue, a reporter with Semafor at the TechCabal’s Moonshot event which was held in Lagos State recently. While sharing insights into his role and the agency’s transformative vision for Nigeria’s digital landscape, Inuwa analysed the different strategic approaches adopted by the Agency, noting that, with a vision for inclusive growth, NITDA is working…

Globacom has been able to clear all outstanding debt obligations to the Nigerian Communications Commission (NCC), prompting the regulatory body to restore regulatory services to the Mobile Network Operator. This is coming months after Globacom was unable to pay Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL). With the payment, the Commission has decided to step down planned enforcement action against Globacom over its breach of extant regulations by failing to pay its debts despite several demand notices. A statement signed Reuben Muoka, Director, Public Affairs, had revealed that NCC had temporarily withdrawn the suspension of regulatory services to…

The infrastructure beneath modern fintech applications is not just underlying software, but actually constructing financial trust. As digital transactions grow in volume and value, the demand for high-performance databases that can scale with speed, secure sensitive data, and deliver sub-second response times has never been more essential. Fintech startups today are meant to operate at the speed of user intent. Wallet transfers, instant loans, and real-time fraud detection all depend on databases that can process massive streams of transactions without a loss in performance. Speed here is not an accessory, it’s a necessity. To attain these, engineering teams are adopting…