Author: ITPulse

As humanoid robotics capture the imagination of global investors, a critical structural reality is emerging behind the scenes: the entire automation revolution is tethered to a fragile rare-earth supply chain. According to a market analysis released today by Tony Sage, CEO of Critical Metals, the success of the burgeoning robotics industry depends almost entirely on the availability of rare-earth permanent magnets. The demand for these materials is compounding at an unprecedented scale. Sage points out that over 95% of motors used in humanoid robots contain rare-earth magnets. With the average humanoid unit housing approximately 40 motors, the volume of magnets…

By Martin Ekpeke In a significant move to bolster Nigeria’s technological infrastructure and security, the Federal Government has officially entered into a partnership with the Republic of Finland. The collaboration was formalized through a Memorandum of Understanding (MoU) aimed at accelerating growth across several critical pillars of the digital economy. The agreement follows a recent partnership and investment tour of Europe led by Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation and Digital Economy. To finalize the deal, the Minister hosted a high-level Finnish delegation in Abuja, comprising H.E. Jarno Syrjälä, Under Secretary of State for International Trade at Finland’s…

By Martin Ekpeke In a digital landscape where every millisecond counts, the Internet Exchange Point of Nigeria (IXPN) is fundamentally altering how data moves across the country by keeping local traffic within national borders. By so doing, the exchange is delivering a different experience for the same volume of traffic, drastically reducing delays for Nigerian internet users. Historically, a significant portion of internet traffic originating in Nigeria has been forced to travel through international transit paths, often routing through Europe before returning to its final destination in Nigeria. According to Muhammed Rudman, CEO of IXPN, this inefficient routing creates a…

By Epiphanus Obia Nigeria’s national grid handed Abuja 503 megawatts of electricity on 24th  March 2026, and on the same day, it gave the entire South-East (five states, over 21 million people, thousands of businesses, hundreds of hospitals, and one of the country’s oldest and most commercially active regions) just 203 megawatts. That is less than half, for five times the territory. The same scenario also played out on 23rd March 2026, when Abuja received 459 megawatts and the South-East received 186. Data obtained by ITPulse from the Nigerian Independent System Operator (NISO) and published by data platform StatiSense confirms…

A new report by the GSMA, titled ‘The Mobile Economy 2026,’ projects a significant leap in Africa’s digital landscape, with 5G connections expected to reach 21% of total subscribers by 2030. According to the report, this represents a steady climb from the approximately 12% recorded in 2025, equating to roughly 382 million connected users across the continent. The report noted that the surge is being driven by a combination of rising smartphone adoption, strategic infrastructure investment, and the rapid integration of Artificial Intelligence (AI) by telecommunications operators. One of the primary barriers to high-speed connectivity in Africa has historically been…

By Martin Ekpeke The escalating geopolitical instability between the U.S., Israel, and Iran should serve as a definitive wake-up call for Africa to build its own digital infrastructure and end its overreliance on foreign technology, Dr. Krishnan Ranganath, CEO of Unicloud Africa, has said. Speaking on Channels TV’s Business Morning, Dr. Krishnan argued that as global investment flows are disrupted by war, Africa has a rare opportunity to reroute capital into the continent to build sovereign assets such as local data centers and cloud environments that ensure digital independence. Africa currently faces a massive infrastructure gap, a situation he describes…

The most dangerous moment in any industry is when everyone agrees it is working. Not because it is not, but because the conviction that the hard part is over is precisely when the hard part begins. Nigeria’s crypto adoption numbers are real. The volumes and use cases are also real. Something genuinely significant has been built here, largely by ordinary people solving ordinary problems with extraordinary resourcefulness. However, adoption is not the same as permanence. A market can be booming and simultaneously one shock away from cracking. Nigeria has demonstrated, beyond any reasonable doubt, that demand for crypto is real…

Betting big on its storytellers and innovators, the Nigerian government has unveiled a comprehensive digital suite designed to transform the nation’s creative sector into a global economic powerhouse. Through the National Information Technology Development Agency (NITDA), the initiative aims to bridge the gap between artistic talent and high-tech infrastructure. The goal is ambitious: to push the industry’s valuation from its current $9 billion to over $13 billion, cementing the creative arts as a cornerstone of Nigeria’s economic diversification. Speaking at Moment 2026, Africa’s largest convergence of creators, NITDA Director General Kashifu Inuwa emphasized that the agency is no longer viewing…

By Epiphanus Obia A new CBN directive binding mobile banking apps to a single device has drawn concern from fintech analysts and market traders — particularly in the South-East, where multi-device commerce is a way of life. At the Onitsha Main Market, the largest inland trading hub in West Africa, a cloth merchant named Chidinma operates three phones. One carries her UBA mobile app, linked to the account where she receives bulk payments from Lagos wholesalers. The second holds her OPay, Palmpay and Kuda wallets for small, daily market transactions. The third is a backup phone basically for calls and…

In a move aimed at making air travel more accessible amidst rising costs, the Federal Government has decided to officially launch a national “Fly Now, Pay Later” scheme for domestic travelers. The initiative, spearheaded by the Nigerian Consumer Credit Corporation (CREDICORP), marks a significant step in the government’s push to integrate consumer credit into the daily lives of Nigerians. By allowing citizens to spread the cost of airfare over several months, the government aims to cushion the effect of the high cost of living on the middle class and business travelers. In a statement, CREDICORP said the programme is designed…