FairMoney Microfinance Bank has announced the official launch of its Asset Financing Solution, a strategic initiative designed to expand access to credit-backed asset financing for mobility entrepreneurs nationwide, utilizing a robust, data-driven application and evaluation process. The Nigerian transportation and logistics sector continues to anchor the economy, recording sustained growth rates of approximately 9.87%–10.1% in late 2025. With road freight and passenger transport remaining the nation’s dominant modes of transit, FairMoney’s new initiative aims to bridge the financing gap for thousands of transporters and delivery merchants. By providing structured access to commercial vehicles, the product directly addresses the credit limitations…
Author: ITPulse
Smiles all around as students of Opebi Primary School celebrate their rewards from the PalmPay Young Stars initiative Nana Sani, a Primary 4 student at Opebi Primary School in Lagos, emerged as the best-performing student in her school and was awarded a scholarship under the PalmPay Young Stars initiative. It was a proud and emotional moment for her mother, who has worked hard to ensure she completed her elementary education. Stories like Nana’s reflect the reality for many families across Nigeria. Every day, children go to school with the hope that education will lead to a better future. But for…
By Epiphanus Obia Nigerian poet and editor Adedayo Agarau has launched Looters, a publicly accessible archive mapping Nigerian political corruption from the 1990s to the present, with 615 documented entries and 561 recorded connections between individuals, institutions, and shell companies. Agarau announced the project on May 18 via his X account. The archive, accessible at 1000reasons.vote/looters, was last updated on May 19, 2026. The database spans ten political eras, from the First Republic through the current Tinubu administration, which accounts for 223 entries. The Buhari era carries the most entries at 273, followed by the Jonathan period with 221. Each…
By Epiphanus Obia Nigeria has begun a comprehensive review of its 26-year-old telecommunications policy, as regulators seek to address worsening network disruptions, rising data demand, online fraud, and emerging technologies reshaping the country’s digital economy. The review, announced by the Nigerian Communications Commission at a policy workshop in Lagos, proposes 15 major reforms covering broadband infrastructure, 5G deployment, cybersecurity, artificial intelligence, satellite broadband, digital inclusion, and consumer protection. According to the NCC, the proposed National Telecommunications Policy 2026 is expected to replace the current framework introduced in 2000, which regulators say no longer reflects the realities of Nigeria’s fast-evolving digital…
The Chief Executive Officer of Digital Realty Nigeria, Engr. Ikechukwu Nnamani, has been scheduled to lead a strategic discussion on Data Centres and the Digital Economy as part of operators’ commentary at the upcoming 15th West Africa Convergence Conference (WACC) 2026. The high-profile event, which will also host the “50 Most Influential Figures in Nigeria’s Digital Economy” awards, is slated to take place next month in Lagos. According to the organizers, Nnamani will dissect the critical role that data centres play as Nigeria’s digital economy scales to new heights. “Engr. Nnamani was carefully selected to lead this strategic discussion as…
By Martin Ekpeke The Federal Government has officially launched #GovGuideNigeria, an ambitious AI-powered platform designed to provide citizens with instant access to information across 35 federal ministries and over 60 government agencies. The platform, announced by the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, is available via WhatsApp and the web. Notably, it supports English, Hausa, Igbo, and Yoruba, aiming to bridge the information gap for millions of Nigerians, including those in underserved and low-literacy communities. The launch has ignited a vibrant debate among tech experts, policy analysts, and everyday users on social media, with reactions ranging…
Public institutions and government agencies must proactively but responsibly adopt Artificial Intelligence (AI) by prioritizing human accountability, robust policy frameworks, and continuous digital upskilling, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has urged. The NITDA DG made the call at the International Civil Service Conference 2026 held at Eagles Square, Abuja. Represented by Dr. Aristotle Onumo, Director of Stakeholder Management and Partnership, the NITDA boss revealed how the agency is currently leading by example through its own digital evolution to ensure long-term institutional efficiency and operational continuity. He disclosed that NITDA has launched a…
A new independent report by research firm Public First, titled “Nigeria’s Digital Economy,” reveals that Meta contributes an estimated $820 million in annual economic value to Nigeria. According to the report, with deeper digital adoption and the right economic conditions, this impact is projected to scale up to $2 billion. The study highlights that Meta’s suite of apps serves as critical digital infrastructure, allowing virtually all Nigerian businesses to expand their customer reach. The findings reveal that 14 million Nigerian SMEs used Meta’s apps, such as Facebook, Instagram, WhatsApp, Messenger, Meta AI, and Threads, to start and grow their businesses…
By Kehinde Ogundare Africa has always found its own way around barriers. When fixed-line banking proved too slow and too exclusionary, Kenya did not wait for the infrastructure to catch up. It built M-Pesa instead, a mobile payments platform that by 2022 had 50 million customers across seven African countries and processed nearly 20 billion individual transactions annually. That story is now so well-worn that it risks becoming a cliché. But it contains a genuinely instructive logic: constrained circumstances, properly understood, can become a design brief. Today, Africa faces a new set of constraints, around software development capacity,…
The Anambra State ICT Agency has reaffirmed its commitment to advancing Governor Chukwuma Soludo’s vision of a smart and liveable homeland with a renewed focus on Artificial Intelligence-driven governance, digital infrastructure, innovation, and institutional transformation. This formed the core of discussions at the Agency’s Second Tenure Team Retreat 2026 held at the ICT Conference Hall under the theme: “The Next Four Years: Becoming Nigeria’s First AI-Native ICT Agency. In his opening remarks, the MD/CEO of the Agency, Chukwuemeka Fred Agbata, thanked God for the opportunity to continue serving following his reappointment by Governor Chukwuma Soludo, and charged staff to embrace…
