Author: ITPulse

A Lagos-based Web3 startup, Hyperspace Technologies has launched a low-cost, NFC- based hardware wallet tagged ‘Keymaster VAULT ‘ for the African market.  The firm specializing in next-level smart security infrastructure and key management systems, described the Keymaster VAULT as a secure, NFC-based hardware wallet that stores private keys offline, offering an affordable and user-friendly alternative to expensive and complicated traditional hardware wallets. According to Chidera Anyanebechi, General Manager of Hyperspace Technologies, the solution leverages the simplicity of Near Field Communication (NFC) technology and allows users to securely access their digital assets by merely tapping their NFC-enabled devices. “We wanted to…

Having realized the environmental challenges posed by fossil fuel owing to the increased deployment of telecom infrastructure to satisfy the wireless coverage requirement for telecom services, the Nigerian Communications Commission (NCC) has decided to put up about six regulatory measures to combat the challenges. These measures are not only timely but expedient as the dependence on telecom services in Nigeria will result in increased energy consumption for the network infrastructure, especially the Base Transceiver Stations (BTS). Thus, there is a need to look for green and sustainable solutions to power the industry. The move by the telecom regulator is also…

MTN Nigeria Communications Plc and Pan-Atlantic University have announced a call for applications for the Media Innovation Programme (MIP). This is the second edition of the programme, launched in 2022, to support media practitioners and promote understanding of the rapidly changing media landscape. The six-month, fully funded certificate fellowship includes a study visit to the University of Witwatersrand, South Africa and an innovation hub to incubate ideas. It is open to media practitioners across print, electronic, online platforms and social media content creators. Commenting on the impact of the Media Innovation Programme, MTN Nigeria CEO Karl Toriola said, “the media…

OnePipe, a Nigerian financial infrastructure company has secured 2.25 billion Naira in a collateralized credit facility from TLG Capital, a pan-African alternative investments firm. The deal, which was completed by the TLG Africa Growth Impact Fund (AGIF) and represents TLG Capital’s 34th investment will be used to provide inventory finance to small shops in Nigeria. Speaking on the deal, Ope Adeoye, the CEO of OnePipe, said: “TLG’s extensive experience structuring debt in Nigeria and their deep network across Africa, particularly in a venture, made them the partner of choice as we look to scale. He disclosed that TLG is OnePipe’s…

OPPO Nigeria has announced the launch of the highly anticipated Portrait Expert, the Reno8 T Series. The virtual launch event which was streamed live on YouTube, was hosted by sensational host Jimmie Akinsola and featured Nollywood star Bimbo Ademoye and notable industry personalities – popular Tech YouTuber Eric Okafor and fast-rising photographer August Udoh. For as low as N289,900.00, Customers can now pre-order the smartphones by visiting https://opponigeria.com or any SLOT and other authorized dealer outlets from now till 25th March 2023. Pre-order customers get to purchase at a discounted price and also get a free OPPO Enco Buds2. With…

In a keenly contested award, Mitchell Elegbe, Founder and Group Managing Director of Interswitch has been named the 2023 West African Entrepreneur of the Year (Masters Category), by professional services firm, Ernst and Young (EY). The award was jointly presented to him by the Regional Managing Partner, EY West Africa, Anthony Oputa and Nigeria’s Honourable Minister for Trade and Investment, Otunba Adeniyi Adebayo, at a prestigious gala that took place in Lagos yesterday. Elegbe was awarded for his laudable contributions as an entrepreneur, to the economic development of Nigeria and the West African region, having distinguished himself in business leadership…

The claim by the Minister of Communications and Digital Economy, Prof, Isa Pantami that Nigeria recorded 12.99 million cyberattacks in four days during the presidential election has continued to generate reactions, especially in the cybersecurity circle. Prof. Pantami had on Tuesday in a statement signed by his spokesperson, Uwa Sulaiman, disclosed that 12.99 million cyberattacks were recorded during election week. According to the statement, there were 6.99 million attacks on February 25th, which was election day with those attacks including a series of hacking attempts such as Distributed Denial of Service, email and IPS attacks, SSH login attempts, brute force…

Sweetgreen, the Government of Rwanda, Michigan Medicine and more will be a few of the First Customers to deploy Zipline’s New Platform  Zipline today unveiled its new platform that provides quiet, fast and precise autonomous delivery directly to homes in cities and suburbs. The company’s next generation home delivery platform is practically silent (designed to sound like wind rustling leaves), and is expected to deliver up to 7 times as fast as traditional automobile delivery, completing 10-mile deliveries in about 10 minutes.  Zipline has spent the last several years building and fine tuning its next generation technology, Platform 2 (P2),…

In the global race to eliminate friction from digital access, passwordless authentication has emerged as one of the most celebrated evolutions in cybersecurity. Banks, SaaS companies, fintech platforms, and enterprise systems are transitioning to biometric authentication, magic links, smart tokens, and cryptographic keys, largely under the belief that removing traditional passwords will significantly improve the user experience and reduce the risk of credential theft. But a new wave of engineering and security analysis is revealing a more complex reality: passwordless systems may resolve one problem while quietly creating many new ones. So far, security analysts and back-end engineers who work…

This technology also plays a powerful role in digital and financial inclusion Nigeria is at an inflection point where it needs to adopt enabling technologies at scale to support high growth in the telecommunications and digital sectors. Using the right technology as a catalyst, these sectors can support financial inclusion and widespread economic growth. Gur Geva, founder and CEO of iiDENTIFii, a world-leading biometric authentication platform, says, “Biometric technology is a crucial consideration in Nigeria’s ongoing digital expansion. If financial institutions, telecommunications companies and the public sector adopt enterprise-grade biometric authentication, they can provide services to Nigerian consumers safely, efficiently…