Author: ITPulse

According to Statista, digital payments across the globe are projected to grow at 12.31% over the next five years. As players in the payment and financial services space jostle for a chunk of the market, Interswitch recently laid a marker with a series of roadshows organised across Nigeria and beyond.    The term ‘global village is commonly used to describe the interconnectivity of the world. Communication, trade, entertainment, socialisation and even politicking across regions of the world have become so seamless that relating with individuals across the globe has become as smooth as engaging a neighbour across the street, hence the…

In a bid to drive profitability for consumer goods manufacturers, Releaf has raised $3.3 million in an oversubscribed Pre-Series A funding round, which will support the launch of two new technologies: Kraken II – a portable version of its award-winning palm nut de-sheller and SITE – a geospatial mapping application that informs the most profitable positioning of food processing assets. Samurai Incubate Africa, who re-invested after leading Releaf’s seed round led the funding round, with participation from Consonance Investment Managers. Stephen Pagliuca (Chairman of Bain Capital) and Jeff Ubben (Board member at World Wildlife Fund and Founder of Inclusive Capital…

The newest payment feature from Yellow Card, which uses Yellow Card’s crypto exchange platform to complete customer transactions in USDT is now available Across Africa, Yellow Card Financial has announced.  According to the company, with yellow pay, customers can send and receive money through the Yellow Card crypto exchange platform, without any extra charges, instantly with just a few taps on their phone. “This is more than just a money transfer service – it’s a powerful tool that will unlock new opportunities for people across Africa. By enabling instant, low-cost transactions across borders, we are helping to create a more…

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the anticipated macroeconomic challenges. Excerpts: What are your forecasts and anticipations for the global economy in 2023? I would like to start by noting that 2022 was indeed a turbulent year for the global economy. In 2022, the global economy witnessed record-high inflation rates with the attendant high cost of living…

By Hyther Nizam Inflation is on almost everyone’s mind right now. Around the globe, the supply chain issues caused by the COVID-19 pandemic have been compounded by the war in Ukraine and tight labour markets in some countries. Nigeria is no exception. In September, the country’s inflation rate hit a 17-year high, accelerating for the eighth straight month to 20.77% from 20.52% in the prior month. Both businesses and their customers are being adversely affected by this inflation. Businesses have been compelled to raise the price of products and services as operating expenses have increased. But they do so at…

Having comes to the reality of rapid over-hiring during the Covid-19 pandemic and growing economic uncertainty, tech workers across the globe are likely to face huge losses in 2023. This is coming as tech giants such as Amazon reduced their workforce by 18,000 representing over 5 percent of their entire 300,000 corporate staff. Though Amazon’s job cuts exceed any of the mass headcount reductions at major companies, the eCommerce giant is not alone. Other companies such as Meta (11,000), Snap (1,280) and Twitter (3,750)—in recent months have cut jobs too. Also, Salesforce, an American cloud-based software company said that it…

Seven ASUS products, ranging from Gaming, Computer Peripherals & Accessories to Home Appliances, were honored at the CES 2023 Innovation Awards for their top-class performance, innovative designs, and user-centric features. These awards highlight ASUS’ innovative prowess in churning out cutting-edge solutions that are addressing the needs of society. The CES Innovation Awards program, owned and produced by the Consumer Technology Association (CTA)®, is an annual competition honoring outstanding design and engineering in consumer technology products across 28 product categories. An elite panel of industry expert judges, including members of the media, designers, engineers, and more, review submissions based on innovation,…

Africa is a continent on the rise when it comes to technology adoption and innovation. From fintech to agriculture, here’s my end of year-round up on a few of the technology trends making waves on the continent, along with some examples of companies leading the charge: 1. Healthcare technology: From telemedicine to electronic medical records, technology is improving the delivery of healthcare in Africa, helping to increase access to quality care and reducing the burden on the healthcare system. Healthtracka is using technology to increase timely access to medical tests and provide users with actionable next steps based on their…

ASUS, a Taiwanese multinational computer and phone hardware and electronics company, has during its Seeing An Incredible Future virtual launch event for CES® 2023 showcased its latest lineup of innovations, world-debuting products, and sustainable actions. According to the company, the new lineup redefines the limits of performance, introduces game-changing, glasses-free 3D displays, and adds premium durability as new sustainable solutions take off. Key points of what was showcased include: Creative visions, broadened: Full creator solutions, including the world’s first glasses-free 3D OLED technology unveiled, reshaping visual experiences Power and creativity: ProArt Studiobook Pro 16 3D OLED, Vivobook Pro 16X 3D…

The Next-generation TUF Gaming laptops by ASUS have been announced with brand-new designs and hardware. Tagged TUF Gaming A16 Advantage, the new all-AMD machine pushes the boundaries of design and performance, coming with new core tech across the TUF Gaming family such as Next-gen Intel® and AMD processors paired with NVIDIA GPUs to upgrade TUF to the next level. The gaming laptop with a redesigned chassis and an incredibly immersive 16-inch display make a triumphant return, sporting the latest silicon from AMD, Intel, and NVIDIA to power players into the next generation of gaming performance. TUF A16 Advantage Edition announced…