The Ethereum Merge is a “landmark, historic moment” for the entire cryptocurrency market that will be a “major catalyst” driving prices higher in the long term, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations. The bullish prediction from deVere Group’s Nigel Green comes as the long-awaited so-called Merge of the world’s second-largest crypto, Ethereum, has just happened. The Merge is a major overhaul and switches over to a new operating model that will use 99.9% less energy and will reduce the supply of the crypto. He says: “The years-in-the-making Merge, a…
Author: ITPulse
Just like many other members of the Nigerian delegation, I felt very proud to be a Nigerian, when, at the 2022 ID4Africa Conference in Marrakech, Morocco, my dearly beloved country was celebrated for leading the Identity revolution in Africa. The message was very clear; the ovation was loudest; many others present at the Conference must have wished that they were Nigerians at that very moment. Nigeria received a global commendation for leading identity reforms in Africa, by being the first country to introduce and celebrate National Identity Day. Speaking at the Conference, Executive Chairman of ID4Africa, Dr. Joseph Atick poured…
More corporate organisations have continued to key into the ICT Growth Conference 2.0 being organized by the Nigeria Information Technology Reporters Association (NITRA) and scheduled to hold at the Lagos Oriental Hotels on September 29, 2022. As of today, companies that have confirmed their support for the conference with its theme of “Creating A Digital Ecosystem in Nigeria: The Hurdles, The Gains”, include Galaxy Backbone, 9mobile, SecureID, Rack Centre, Arravo Global Services and Phase 3 Telecoms. Confirming this in a statement, Chairman of NITRA, Mr. Chike Onwuegbuchi, said the support of these companies will add pep to the conference as…
Education is, without a doubt, a fundamental human right. Today, digitalisation enables us to improve education and provide equal access to all. But where do we even begin? In a world where everything is online and any business that isn’t online is losing money, failing to teach our children digital skills for today and tomorrow will only widen our continent’s skills gap. This is due to the fact that more than half of today’s professions demand technical abilities. So, why is it critical for the technology industry to be involved in education at all levels? Nurture future champions of the…
Despite market fragmentation, the global digital ticketing transaction value will reach $1.4 trillion in 2027; up from $768 billion in 2022, a new study from Juniper Research has found. This growth of 78percent over the next five years represents a strong recovery from the heavy impact of the COVID-19 pandemic; driven by the ongoing success of contactless payments. However, the research identified current market fragmentation, where users cannot use the same payment method across different transit and events areas, as a factor limiting growth and user experience quality. Digital ticketing enables users to access transit or an event via a…
Predictive modeling is a critical component for any business looking to optimise its operations. As the name suggests, it entails forecasting outcomes for a business based on different permutations. “Having access to highly predictive models for driving organisational insights and intelligent decisions during today’s uncertain times and in a fast pace digital world has become a priority,” says Ryan Wedlake, data analyst at PBT Group. While predictive modeling and machine learning (ML) are often used interchangeably, there are significant differences especially when it comes to model building. Predictive modeling involves the use of more traditional models that have a classical…
The management of Medallion Data Centre has adduced reasons for appointing Dr. Oluseyi Olanrewaju, an award-winning financial expert as its new Chief Financial Officer. In a statement, the company said it decided to appoint Dr. Oluseyi because of his experience, noting that as an astute, diligent, value-driven finance professional, with over 20 years of progressive experience from global multi-billion-dollar companies, Olarewaju brings to Medallion Data Centre resourceful experience with a proven track record of success. “Oluseyi joins us at the period we are embarking on exciting expansion across the West African region. Having recently become part of Digital Realty, world…
The National body of Information and Communication Technology (ICT) Journalists under the aegis of the Nigeria Information Technology Reporters Association (NITRA) in Lagos, has applauded the stride in the attainment of the Fellowship position conferred on two management staff of the Nigerian Communications Commission (NCC) by the Nigerian Institute of Public Relations (NIPR). The Fellowship investiture to the duo of Director of Public Affairs, Mr. Reuben Muoka, and Head, Media Relations in the Public Affairs Department, Dr. Omoniyi Ibietan, has been described as a call to duty, as it places them on the pedestal of being reference points to anyone…
The Nigerian Communications Commission (NCC) has inked a deal with the Nigerian Security and Civil Defence Corps (NSCDC) to tackle the increasing menace of telecom infrastructure vandalism across the country. In a statement issued and signed by the Director of Public Affairs at NCC, Mr. Reuben Mouka, apart from tackling the menace of vandalism, the Memorandum of Understanding (MoU) will also look into the persistent issues of fraudulent registration of Subscriber Identity Module (SIM) cards among others. The statement quoted the Executive Vice Chairman of NCC, Prof. Umar Danbatta as saying that the MoU sealed between the agency and the Commission,…
The National Information Technology Development Agency (NITDA) has explained the essence of the Science Technology Engineering and Mathematic Bootcamp, it organized for kids across Nigeria during the summer holiday. Giving a keynote at the closing ceremony of the 10-day Bootcamp in Lagos, the Director General of NITDA, Mal. Kashifu Inuwa, explained that the essence of the Bootcamp is to broaden the minds of the kids in critical thinking and a high sense of curiosity in the world of science and digital technology. “Children should open up their curious minds to explore everything Science, Technology, Engineering and Mathematics has to offer…
