Author: ITPulse

Hyperspace Technologies Limited has secured its second patent and trademarks for cipherCHIP tap2verify: A blockchain-integrated contactless product authentication & verification system. The Lagos-based Web3 startup specializes in next-level smart security infrastructure and key management systems. Developed within the Hyperspace Technologies Limited’ research and development (R&D) division, “cipherCHIP tap2verify” system presents a novel approach to product authentication by integrating Near Field Communication (NFC) tags, Non-Fungible Tokens (NFTs), and blockchain technology. Dr. Oluseyi Akindeinde, the lead inventor of the MFA, is poised to enhance a security system that requires more than one method of authentication from independent categories of credentials to verify the…

Although the 2023 Committee of e-Business Industry Heads (CeBIH) annual conference has come to an end, echoes of the insightful conversations and the exchange of forward-thinking ideas continue to linger. A notable highlight from the conference was the appeal from financial stakeholders for collaborative efforts to enhance and drive the growth of digital payments in Nigeria. This year’s conference, themed, ‘Driving Market Expansion through Ecosystem Collaboration’, emphasized the importance of joint efforts in driving economic growth and prosperity. In line with its commitment to enhancing collaboration as well as driving the growth of digital payments in Africa, one of Africa’s…

The Nigeria Data Protection Commission (NDPC ) has issued a Code of Conduct for Data Protection Compliance Organizations (DPCOs) in Nigeria with an admonition to see their role in the implementation of the Nigeria Data Protection Act (NDPA) 2023 as a public trust which must be guarded with the utmost sense of responsibility. Engaging them in a virtual meeting, the National Commissioner of NDPC, Dr. Vincent Olatunji noted that the opportunities presented by the Act particularly the lawful use of data and job creation in the data processing value chain are huge. This is coming ahead of its enforcement drive…

From February 2024, all SIM cards not connected to a national Identity Number (NIN) will be barred from making and receiving calls, the Association of Licensed Telecommunications Operators of Nigeria (ALTON), an umbrella of all licensed telecom companies in Nigeria has declared. ALTON said the declaration is in compliance with the Nigerian Communications Commission’s (NCC) directive dated 15 December 2023 communicated to all Mobile Network Operators to implement full network barring on all MSISDNs for which the subscribers have not submitted their national identity numbers (NINs) and those without verified NINs. In a statement jointly signed by Engr. Gbenga Adebayo…

MainOne, an Equinix Company and West Africa’s leading connectivity and data center solutions provider, has reaffirmed its commitment to community development, as Akinlade Nursery and Primary School, Okun-Mopo, Ajah becomes this year’s recipient of its annual Corporate Social Responsibility program. To improve the school’s learning environment, this year’s initiative involved refurbishing the classrooms, providing new desks and chairs for the students, repainting the school’s external and internal façade, roofing and restructuring the entire blocks of classrooms. Tinuola Ipadeola, Head, Corporate Services, MainOne stated, “At MainOne, we believe in the transformative power of education and that every child deserves access to…

An innovator in B2B invoice management and payments platform, Jenesys AI has acquired a $1.1 million pre-seed funding round and is set to redefine transactional accounting and compliance with AI technology, transitioning the human role from operator to validator. The Pre-Seed funding was spearheaded by Nigerian co-founder, Oluwatosin Dairo. This investment, led by Twin Path Ventures and joined by Fuel Ventures, Antler, Hatcher+, and angels from the US, UK, and Nigeria, empowers Jenesys AI to expand its engineering, customer success, and global payment compliance capabilities. Including Nigerian expertise in the team highlights Jenesys AI’s unique approach to integrating AI into…

Interswitch has sealed a strategic partnership with the Ogun State Health Insurance Agency (OGSHIA) to revolutionize healthcare payment transactions in the State, thereby enhancing accessibility and efficiency. This partnership, according to a press release issued during the weekend, will help to improve the accessibility and affordability of healthcare services within the state, even as OGSHIA aims to amplify the scope and efficiency of its health insurance transactions, streamline processes and foster financial inclusivity. The press release revealed that the integration of Interswitch’s cutting-edge multi-channel payments system will empower residents to make secure and convenient payments across various platforms, thereby elevating…

By Elvis Eromosele Telecommunications is infrastructure. And infrastructure is not cheap. The firm that has made the most astute investment in infrastructure leads the pack. In Nigeria, MTN is generally regarded as the foremost operator, with close to 90 million subscribers on its network. It was from Emmanuel Ekuwem, who as President of ATCON, I first heard the phrase “telecommunications is the infrastructure of infrastructure.” It is the platform on which all other platforms ride. Telecommunications provide the connections that connect the economy, spurring socio-economic growth. In this dynamic realm of telecommunications, the transfer of infrastructure management companies can often…

Linda Olumide was named Outstanding HR Innovation and Talent Strategy Professional of the Year at the 2023 Nigeria Technology Awards (NiTA). The ceremony was held on December 9, 2023, at Virginrose Resorts, Victoria Island, Lagos. Olumide is an experienced human resources leader within the telecommunications sector. Her professional focus includes workforce planning, organisational design, and linking HR operations to business outcomes. She has managed recruitment for technical roles, led digital HR transformation projects, and implemented workforce analytics frameworks that connect people metrics to commercial performance. Her work involves deploying HR technology systems for talent management, employee data analysis, and process…

The Nigerian Communications Commission (NCC) has listed the priority areas that will allow the commission to build a resilient, accountable and efficient telecom industry. Speaking during a visit to the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani in Abuja, the Executive Vice Chairman of NCC, Dr. Aminu Maida identified transparency as the bedrock of building a solid foundation for the industry, which contributed 13.5percent to the country’s Gross Domestic Product in the third quarter this year. “Transparency is key. It is by transparency that we can self-regulate even as regulators. And by so doing, we would be…