Author: ITPulse

The Association of Licensed Data Protection Compliance Organisations of Nigeria (ALDAPCON) has lauded President Bola Tinubu for signing the Nigeria Data Protection Bill, 2023 into law. The Nigeria Data Protection Act, 2023 provides a legal framework for the protection of personal information, and the practice of data protection in Nigeria which ALDAPCON has aggressively championed. The new law establishes the Nigeria Data Protection Commission and replaces the Nigeria Data Protection Bureau (NDPB) established by President Buhari in February 2022. Led by the National Commissioner, Dr, Vincent Olatunji, the Commission is charged with the responsibility for regulating the practice of data…

Payment is an important driver of commerce and socio-economic development. The evolution of payment is today revolutionizing society.    Across the African continent, technology intertwines with tradition forging a path toward financial inclusion. As digital payment infrastructure expands, businesses flourish and communities thrive. The once-insurmountable challenges of accessing financial services are being overcome, opening doors of opportunity for individuals and enterprises alike.                                      From the bustling streets of Nairobi to the vibrant cities of Johannesburg, and the ancient wonders of Egypt to the thriving markets of Nigeria, a transformative wave is sweeping across Africa. In this digital age, the continent…

Interswitch has said the ‘The Coded Meetup’ it hosted recently is aimed at empowering developers and other tech ecosystem stakeholders. Africa’s leading integrated payments and digital commerce company hosted an insightful session in Lagos in Lagos where the company presented a plethora of its cutting-edge APIs designed to strengthen the digital payment ecosystem in the country and beyond. The Developer Connect Series is a catalyst for collaboration, innovation and growth within the Interswitch Developer Community.  Attendees, consisting of seasoned Developers, Product Designers, Product Managers and those just starting their tech careers, enjoyed immersive learning, gained valuable insights and were awash…

Tezza Academy is taking strategic steps to broaden its industry partnerships and enhance its IT training model. The software training academy aims to foster collaborations with key economic players across various sectors such as oil and gas, IT and telecoms, banking and insurance, healthcare and education, manufacturing, and construction. These partnerships are intended to facilitate discussions on incorporating trained IT skill sets and creating more opportunities for talented Nigerian youths with advanced IT skills. Under the leadership of its founder, Roland Omoresemi, Tezza Academy commenced operations in November 2020, building upon the foundations of Tezza Boot Camp. Initially admitting 20…

In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym describing the top five Nigerian banks by market capitalisation. In the past seven years, the share prices of the leading banks appreciated by an average of 90 percent as against over 200 percent growth seen in FirstBank. Deflated by the…

Tezza Academy started in November 2020 and it evolved from what was known as Tezza Boot Camp. We set up a boot camp to help introduce young IT professionals to the field of software testing. The objective was that, by training them to become certified software testers, we will place them in a Mentoring Program where they shadow experts for about two months of professional field experience; and then they start their careers as testers. However, in our bid to grow our consulting practice in software testing and product development, we realized that all our clients were faced with the…

Interswitch has said it will leverage its 650  ATMs belonging to 17 local banks in Uganda to provide the Bank’s customers with faster and more affordable banking services. This is coming as the integrated payments and digital commerce company announced a partnership with Equity Bank in Uganda. The partnership will enable Equity Bank’s ATM machines to accept bank cards of other local participating banks and institutions on the Interswitch network. Equity Bank also becomes an acquirer for Verve cards, adding to its broad portfolio of cards accepted by all Point-of-Sale (POS) machine locations and ATMs countrywide. There are approximately 250,000…

The Nigerian Communications Commission (NCC) has urged global investors at the maiden edition of GITEX Africa to take advantage of Nigeria’s population, which presently boasts of over 220 million active mobile voice subscriptions in Nigeria, over 150 million Internet subscriptions and broadband penetration of 48 percent. The Executive Vice Chairman (EVC) of the Commission, Prof. Umar Danbatta, specifically, invited international telecom companies and potential investors to come to invest in infrastructure provisioning for broadband.  “We want to assure you that the Nigerian government has been very supportive of the telecom industry which has achieved an upward growth with over 220…

QNET, a global lifestyle and wellness-focused direct-selling company is taking decisive action to protect customers and uphold the integrity of its business by working with authorities to quash scammers misrepresenting the QNET brand in Nigeria. Three reports against QNET under fraud allegations were filed on November 1, 2022, May 4 2023, and May 19 2023, respectively. QNET has engaged a legal team to address the items in the reports and is fully cooperating with the Office of the Inspector General of Police (IGP) in the investigations of the allegations of fraud and money scams. Biram Fall, Regional Manager for QNET…

YouTube today reaffirmed its commitment to amplifying Black voices in Africa with a two-day event in Nairobi, Kenya to celebrate the 2023 #YouTubeBlack Voices Fund grantees and allow them to connect, network and collaborate with other creators. Over 100 Black creators from around the world took part in the celebrations in Kenya, which also highlighted the impact that the YouTube Black Voices Fund has had since its launch. Created in 2020 with the purpose of investing in talent and presenting fresh narratives that emphasise the intellectual power and authenticity of Black voices, the programme has helped over 500 creators and…