Author: ITPulse

9 Payment Service Bank (9PSB) has inked a strategic partnership with XCHANGEBOX to deliver agent banking solutions to rural, small and medium-sized enterprises via their flagship product, PAYREP. The partnership was sealed at 9PSB head office in Victoria Island, Lagos. Through this partnership, the PAYREP Agency Platform will be used to provide tailor-made services to its Agents, SMEs, merchants, and customers. Speaking after the signing of the partnership, the Chief Executive Officer of 9 Payment Service Bank, Branka Mracajac reiterated the bank’s commitment to financial inclusion, stressing that the partnership will further deepen payment solutions. “With the partnership, 9PSB and…

A Pan-African White Paper on Taxation published by Bento, a digital payroll and HR Management (HRM) platform with tax remittance capabilities has revealed how African Governments can find scalable means of tax collection to generate billions in additional income. Tittled Statutory Remittances in Africa. The White Paper delves into taxation systems in 53 African countries and underscores the advantages of governments adopting digital payroll systems to collect income tax and other obligatory deductions accurately. The White Paper thoroughly explores the intricacies of income tax, a pivotal revenue source for African economies, comprising approximately 33% of the total income generated. While specific…

In a bid to safeguard the data of citizens, the Nigeria Data Protection Commission (NDPC) team, led by the National Commissioner, Dr Vincent Olatunji, met with the Minister of Interior, Olubunmi Tunji-Ojo in a move to raise awareness about Data Protection in Nigeria. The meeting follows the increasing digitization of the world and its impact on various aspects of human life, particularly the sharing of personal data such as names, phone numbers, email addresses, NIN, and BVN; all of which are crucial in identifying individuals. “There are some personal data that are sensitive, which require additional safeguards, such as our…

Medallion Data Centre, Nigeria’s premier carrier neutral data centre operator will henceforth be known and addressed as Digital Realty. This follows the official rebranding of the company last week in Lagos, a move the hitherto Founder and Chief Executive Officer of Medallion Data centre, Engr. Ikechukwu Nnamani has been described as a new dawn for Nigeria’s telecommunication sector. Engr. Ikechukwu Nnamani, who continues in the same capacity at Digital Realty, gave this description in his opening remark at the event, which attracted stakeholders in Nigeria’s Telecom an IT industry to celebrate the new alliance and milestone in the industry. “The…

The National Chairman of the Nigeria Information Technology Reporters’ Association (NITRA), Mr. Chike Onwuegbuchi has posited that Financial Technology (Fintech) has become perhaps the most exciting sector in the ICT industry, and in Nigeria as a whole. The NITRA Chairman stated this in his welcome address at a Fintech Forum, organized by the Group in Lagos with the theme: “Harnessing Nigeria’s Fintech Potentials: Challenges And Opportunities”. According to him, the Fintech sector is seen as the engine of financial dealings, economic growth and transactional unification, and is touted to present and aid various other sectors from the grassroots to international…

As part of this year’s Ecobank Day, the Pan-African bank has embarked on a 3-year ‘Transforming Africa Through Education’ campaign, which it kicked off with a focus on digital education and equipping children and youth with the digital skills they need for the jobs of tomorrow. According to the bank, the campaign is consistent with its deep belief in the transformative power of digital technology for a more inclusive future in Africa The Ecobank Day is the bank’s flagship social impact event. “Ecobank Day reflects the giving spirit of all 14,000 Ecobankers across the Group. For 10 years, it has…

Globaldata, data and analytics company has highlighted some of the potential challenges that will likely follow the World Health Organization (WHO) considerations for the regulation of artificial intelligence (AI) in healthcare. The WHO in a recent publication has outlined several considerations for the regulation of artificial intelligence (AI) in healthcare. The move touches on the importance of establishing safety and effectiveness in AI tools, making systems available to those who need them, and fostering dialogue among those who develop and use AI tools. But Globaldata’s Alexandra Murdoch, Senior Analyst at GlobalData, believes that AI has already improved several devices and…

The Africa Tech Festival has shortlisted Bus54, a Nigeria-based mobility technology company providing a platform to aggregate intercity bus transportation in Africa and nine other technology startups as the Top 10 Finalists for Start-Up World Cup 2023. The other nine are AsaanaPay, Tausi App, DeltaScan, OneWay Connect, UkwenzVR, Hippocampus Education, Benacare, Kyanda Africa and Gradli. These Top 10 Finalists will battle for the AfricaIgnite Pitch Competition to win the opportunity to represent the African continent in the Startup World Cup on 1 December this year. Making the announcement, James Williams, Senior Director, Events | Connecting Africa | Informa Tech, remarked:…

The Nigerian Communications Commission (NCC) yesterday spent a total of N34.5 million to support 12 tech startups that emerged winners in this year’s Talent Hunt Research Through Hackathon. The telecom regulator had received 81 entries for this year’s Talent Hunt Research Through Hackathon, out of which 12 were shortlisted to participate in the tech innovation contest. Out of the 12 shortlisted, three emerged as winners from three thematic focuses below: In the Blockchain Solution category, Know-Now Limited emerged winner with an N10m prize. In the Renewable Energy Solutions category, Solaris GreenTech Hub emerged as the winner with an N10m prize.…

In recent years, the global economy has faced and continues to face numerous challenges, including a pandemic, war, climate change, and inflation. Businesses have had to adapt and find new ways of working to tackle these challenges. Nigeria is no exception. According to the National Bureau of Statistics of Nigeria, the annual inflation rate accelerated to 24.08% in July 2023, the highest since September 2005. This has affected everything from electricity tariffs to transportation, all crucial to the performance of Nigerian enterprises. Fortunately, by adopting the right technologies and using them the right way, enterprises can ensure that they’re in the best…