Author: ITPulse

In Q4 2022, Treepz embarked on a transformative journey to reshape its business, prioritising financial sustainability. Since then, the company has achieved remarkable milestones, including an impressive 80% reduction in monthly operating expenses, a notable 77% quarter-on-quarter increase in revenue, and a remarkable 98% growth in gross margin since Q1 2023. With a resolute plan to achieve operational profitability by 2024, Treepz is elated to announce the finalisation of its Board of Directors, a strategic initiative aimed at fostering increased shareholder value and sustainable expansion. The appointment of the new Board of Directors marks a pivotal juncture for Treepz as…

Google has aligned with the Nigerian government’s agenda to create 1 million digital jobs by announcing an N1.2 billion initiative through its philanthropic arm Google.org, to equip 20,000 Nigerian women and youth with vital digital skills. According to a statement, the program will offer training in diverse areas such as data science, artificial intelligence, web development, and mobile app development, utilising both online and in-person delivery methods. It is open to participants from all over Nigeria, even as the initiative seeks to engage those with a strong interest in digital technology, a promising academic background, and a dedication to uplifting…

The United States Under Secretary of Commerce for International Trade, Marisa Lago has insisted that the availability of supportive infrastructure such as charging stations is crucial for the widespread adoption of electric vehicles in Nigeria or any other country in Africa. Lago stated this as part of a remark he made at the Microsoft Garage Electric Vehicle Hackathon in Lagos two days ago. He argued that the availability of charging stations is a fundamental aspect of the enabling environment for the Electric Vehicles industry to thrive. But, there is a chicken-and-egg conundrum since companies are not likely to invest in…

In a move that is not just about breaking gender barriers but also setting the stage for significant economic growth, the government of Kaduna State has partnered with Google to train 5,000 women and girls in technology-related skills. The partnership, which is part of a broader skills development program supported by Google.org will see the women being trained in skills such as data science, artificial intelligence, and entrepreneurial application of digital technologies. Also, the initiative is part of an agenda to empower 20,000 more women and young people across Nigeria with 21st-century skills, positioning them for opportunities in the digital…

Payment is a critical part of human existence. It is an important trade enabler, so far as humans continue to exchange goods and services at a value. In today’s rapidly evolving payment landscape, the role of technology in reshaping payment services cannot be overstated. Fintech companies have emerged as key players, disrupting and innovating the way we carry out transactions. Amidst this transformative journey is the need for industry players to come together and collaborate to remain profitable as well as grow the ecosystem. However, with payment being an integral part of every business, critical players across the verticals should…

Cryptocurrency has revolutionized how we transact and store value in the digital age. The ability to swap cryptocurrencies for fiat currency, such as the Nigerian Naira, has become an essential aspect of the crypto ecosystem. However, finding a reliable and user-friendly crypto-to-Naira exchange platform has been without challenges. In 2020, the Central Bank of Nigeria (CBN) imposed restrictions on financial institutions dealing with cryptocurrencies, causing disruptions in the industry. Despite these obstacles, platforms like Ezyswap have emerged as a beacon of hope, providing a seamless and reliable way to sell crypto for Naira. Why are Crypto swap platforms essential Crypto…

The Nigerian Communications Commission (NCC) has disclosed that the Nigerian Telecommunications Indigenous Content Expo (NTICE 2023) is being organized to promote the four focus areas of the National Policy on the Promotion and Implementation of Indigenous Contents in the Telecommunications Sector, (NPPIC). According to NCC, the four focus areas are Manufacturing, Service, People as well as Research and Development for innovation in line with the Federal Government’s drive to diversify the economy. The Nigerian Telecommunications Indigenous Content Expo (NTICE 2023), which is the second edition after a very impressive showing at the maiden edition of the event last year, will…

Interswitch has at the Product Leadership Conference organized by the Product Management Community, Product Dive, reinstated its commitment to the growth of product professionals and tech talent as a whole, stressing that empowering and supporting the development of the Product community in Nigeria is important. This was disclosed by Tomi Ogunlesi, Group Head, Brands and Communications at Interswitch, who spoke on the essence of the event and Interswitch’s partnership with the event organizers. He noted that Interswitch remained committed to identifying and nurturing platforms that will drive the growth of product professionals and tech talent as a whole. “Our support…

A new report by Sophos, a firm that offers cybersecurity as a service has revealed that recent attacks have suggested that the trio of Hive, Royal and Black Basta ransomware groups are sharing playbooks or affiliates. In the report “Clustering Attacker Behavior Reveals Hidden Patterns.”  Sophos revealed new findings into the connections between the most prominent ransomware groups this past year, including Royal, in its report. Over the course of three months beginning in January 2023, Sophos X-Ops investigated four different ransomware attacks, one involving Hive, two by Royal, and one by Black Basta, and noticed distinct similarities between the…

The fourth annual ag-hackathon, Code Cash Crop 4.0, which was organized by AFEX over the weekend has seen three winners going home with $18, 000 United States Dollars in total to scale agriTech solutions in East and West Africa.  The winners are Nigerian Entrepreneur, Mr Yakubu, who emerged as the overall winner, receiving the $10,000 grand prize for his solution, Farm Central Intelligence, which seeks to develop an extensive database of agricultural information that can be accessed via a mobile app, WhatsApp chatbot, or a USSD platform. The solution is designed to be user-friendly and accessible to farmers with low-end…