Author: ITPulse

The Nigerian House of Representatives has established an ad hoc committee tasked with reviewing the economic, regulatory, and security implications of cryptocurrency adoption and Point-of-Sale (POS) operations in the country. Speaker of the House, Abbas Tajudeen, inaugurated the committee, citing rising concerns over illicit activities linked to digital platforms. He noted the action became necessary as cases of cybercrime, money laundering, and terrorism financing linked to digital finance platforms continue to increase. The Speaker explained that this move to review digital finance platforms is urgent due to the increasing concerns over fraud and consumer exploitation within Nigeria’s rapidly expanding digital…

Nigerian schools are being called upon to apply for the inaugural $1 million Global Schools Prize, a major new award celebrating the world’s most innovative and impactful educational institutions. The invitation came from Peter Tabichi, the visionary Kenyan educator who won the 2019 Global Teacher Prize. Tabichi encouraged ‘extraordinary’ Nigerian schools to apply for the award, which is organized by the Varkey Foundation in collaboration with UNESCO. “As a teacher, I have seen first-hand how schools in Nigeria rise to challenges with creativity and heart, finding remarkable ways to build brighter futures for their students. I encourage schools across Nigeria…

Advanced Persistent Threat (APT) groups operating across Africa continue to focus their attacks primarily on financial services, defence, and government entities, according to new findings from Kaspersky. The cybersecurity firm reveals that Africa is a key region of focus for a substantial number of the 25 APT groups it has tracked since the start of 2024. While these groups are also observed targeting critical infrastructure, their reach is increasingly extending into commercial and emerging industries across the continent. Kaspersky’s research shows a diverse threat landscape. For instance, the Griffith group consistently targets the financial services industry across multiple African countries,…

PalmPay, Nigeria’s leading digital banking platform, has been recognised with the prestigious Consumer-Friendly Business of the Year 2025 Award at the Lagos State Consumer Protection Agency’s (LASCOPA) annual Consumer Service Week and Awards Ceremony, held in Lagos recently. The event, organised by the Lagos State Consumer Protection Agency (LASCOPA), celebrated businesses and organisations that demonstrate exceptional commitment to consumer rights, service excellence, and customer satisfaction. PalmPay’s recognition underscores its dedication to delivering secure, reliable, and inclusive financial services to millions of Nigerians. With a focus on transparency, innovation, and customer-centricity, PalmPay continues to empower consumers by offering secure transactions, fraud…

The expansion of the partnership between BT International and Infobip will deliver global messaging capabilities across Voice, RCS and WhatsApp powered by AI, Colm Sunderland, Sales Director BT International, has declared. “Enterprises around the world are looking to level-up their communications and engagement systems, requiring smart, interactive services to best serve their customers. BT International’s leading voice communication capabilities combined with Infobip’s platform will deliver a comprehensive set of services to power our customers’ Intelligent CX Engagement.” The extended partnership, according to him builds on a successful collaboration in the UK, announced in 2022, and combines BT’s Global Voice and inbound…

The Nigeria Interbank Settlement System (NIBSS) is preparing to revolutionize digital payments by eliminating transfer fees on its flagship NIBSS Instant Payment (NIP) platform, a move aimed at accelerating Nigeria’s transition from cash-heavy transactions to a smarter, digitally driven economy. Premier Oiwoh, Managing Director and Chief Executive Officer of NIBSS, disclosed the plan while delivering a keynote address at the Globus Bank Fintech Summit 2025 in Lagos. “By next year, we’ll be starting a program towards the complete elimination of the NIP fee, making it zero cost into a subscription model,” Oiwoh stated, explaining that the general idea is to…

A solid third quarter of funding, though less impressive than Q2, means African tech startups have already raised as much US$1.1 billion in the first nine months of 2025 as they did in the entirety of 2024. Total investment in the African tech startup ecosystem fell by more than 50 percent to US$1.1 billion in 2024, while the number of funded startups declined by more than half, as the impacts of the global capital shortage continued to be felt on the continent. This was according to the 10th edition of the annual African Tech Startups Funding Report released by Disrupt…

…. Gold Stevie Award celebrates bold campaign protecting consumers across Africa QNET, the global lifestyle and wellness company, has earned international recognition for its bold stand against fraud. The company’s QNET Against Scams campaign has been awarded a Gold Stevie® Award at the 22nd Annual International Business Awards (IBA), underscoring QNET’s commitment to consumer protection and brand integrity. Recognition at the International Business Awards At the 2025 IBAs, QNET received: Gold Stevie® Award for QNET Against Scams: Rebuilding Trust Through Crisis Communication and Public Education in Ghana in the Communications or PR Campaign of the Year – Brand / Reputation…

The National Information Technology Development Agency (NITDA) and the Nigeria Computer Society (NCS) are jointly emphasizing the critical need for a unified approach to accelerate Nigeria’s digital transformation. This call for deepened collaboration among IT stakeholders was the central theme of the Principal IT Stakeholders Forum 2025 held in Abuja. Speaking at the forum, the Director-General of NITDA, Kashifu Inuwa, represented by Dr. Aristotle Onumo, Director of Stakeholders Management and Partnerships), underscored that building a digitally powered Nigeria cannot be achieved in isolation. He stressed the vitality of partnerships, asserting, “Collaboration is the key” to realizing a digitally empowered nation.…

The National Information Technology Development Agency (NITDA) has hosted a one-day capacity-building workshop on Information Technology Contract Management for legal officers from parastatals under the Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE). The initiative, held in Abuja, aims to deepen institutional competence within Nigeria’s digital economy sector. The workshop was designed to strengthen participants’ understanding of procurement procedures, negotiation techniques, compliance frameworks, and dispute resolution mechanisms specific to IT contracting. Representing the Director-General of NITDA, Kashifu Inuwa, the Director of Regulations and Compliance, Barrister Emmanuel Edet, emphasized the pivotal role IT contracts play in shaping governance and service…