Author: ITPulse

Nigeria’s owned last mile connectivity service provider, Galaxy Backbone Limited, has at the ongoing Digital Nigeria Conference in Abuja, Federal Capital Territory showcased some of its products and services. The products and services showcased at the conference holding Abuja International Conference Center include its Datacentre, Cloud and Cybersecurity Services. The company also showcased its smart home plans (Econnect services) which offer Fibre To Homes, Fibre to Estates and Fibre to Small Offices For residents within the Federal Capital Territory- Abuja. Through this service, GBB is projecting the strength of its FibreConnectivity services as a way to connect more people and…

The President and Chairman of the Board of Directors of African Export-Import Bank (AfreximBank) Professor Benedict O. Oramah; High Commissioner of Namibia to Nigeria, H.E Humphrey Geiseb; Ambassador of Cote D’Ivoire to Nigeria and ECOWAS, H.E Ambassador Kalilou TRAORE; Dr. Tony Luka Elumelu, Ag. Director of Private Sector Development at the ECOWAS Commission, Nigeria as well as popular Nigerian businessman, Mr. Obinna Tochukwu Iyiegbu (Obi Cubana), Chairman, Cubana Group, Nigeria have been named the Keynote and Guest Speakers respectively at the 2022 edition of the Grand Africa Initiative – GAIN Youth Summit held from 28th-29th October 2022 at 10 am…

SHELT has announced the opening of its very own SOC in Nigeria, where it will serve as a local extension to its overseas and already established 24/7 SOC operation. This launch comes amidst the growing need of SHELT’s Nigeria branch to step into serving the local clientele through a team that is locally present and becoming closer to our customers. The SOC extension will serve to raise the cybersecurity readiness of the clients by implementing cutting-edge technology to monitor cyber attacks and address possible cybersecurity threats in real time and on a local platform. On his visit to Nigeria to…

Some experts at the Connect Interact and Transact (CIT) annual event, organized by Clickatell, a Chat Commerce and business messaging have canvassed for the massive deployment of Chat Commerce to rapidly boost financial inclusion in Nigeria. The industry experts drawn from Clickatell, Ecobank and Central Bank of Nigeria (CBN) shared insight and tips with an audience of business and technology leaders. Werner Lindemann, Clickatell’s Senior Vice President of Enterprise Sales, Growth Markets, kicked off by pointing out how global brands, like Amazon and Uber, have built their entire business model on convenience commerce – where businesses find ways to deliver…

Experts at Allianz Global Corporate & Specialty (AGCS) has identified five trends in its Cyber: The changing threat landscape report. The five trends are: Hackers zero in on vulnerable supply chains: Supply chain attacks – whether on critical infrastructure such as the Colonial Pipeline or on cloud services  – have emerged as a significant risk. Increasingly, ransomware gangs use the threat of disruption to pressure firms into paying ransom, with manufacturing companies, particularly vulnerable. Cloud outsourcing: Companies continue to shift their services and data storage onto the cloud, despite growing concerns around security and risk aggregation. By relying on a…

A new report from Allianz Global Corporate & Specialty (AGCS) has indicated that even though Ransomware remains a top cyber risk for organizations globally, the war in Ukraine and broader geopolitical tensions are a major concern as hostilities could spill over into cyberspace and cause targeted attacks against companies, infrastructure or supply chains. This is even as the report, titled Cyber: The changing threat landscape revealed that business email compromise incidents are on the rise and will increase further in the ‘deep fake’ era. While highlighting the emerging threats posed by the growing reliance on cloud services, the report shows…

The ‘move fast and break things’ philosophy works for many businesses as a means to develop innovative solutions. However, it’s a bad idea for fields that are highly regulated, such as financial technology, healthcare technology, and Artificial Intelligence, where the stakes are high. Product managers in these specific fields must be careful and earn people’s trust. They must be proficient in meeting user needs while complying with guidelines, additionally, they should ensure their products are safe, moral, and are compliant with legislation. It requires a leader capable of managing both opportunities and risks. Someone who sees the regulations as an…

Tranzfar, an international payment solution provider has launched its latest innovative product ‘The Freedom bank Account’ in Nigeria, which allows customers in Nigeria to open and manage their own United Kingdom foreign account for instant payments across UK bank accounts. Tranzfar focuses on cross-border money transfers from the United Kingdom, United States, 27 EU countries, Canada, New Zealand and Australia to Nigeria. Speaking at the launch of the product, the Chairman of Tranzfar, Mr. Bankole Eniola said that the Freedom account was carefully designed to give people in Nigeria, Ghana and Kenya the opportunity to bank globally in over 30…

By Lukman Oladokun As stakeholders in the Digital Economy sector both within and outside Nigeria gathered in Abuja to brainstorm on the path to a sustainable digital economy in the country, the Federal Government has declared that it would no longer accept the importation of any digital technological product or service into the country “until and unless the country is convinced that capacity to develop such product and service is not readily available in the country.” The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim (Pantami) made the declaration while delivering his special remarks at the 2022 Digital…

To boost the deployment of Fifth Generation (5G) services in Nigeria, the Nigerian Communications Commission (NCC) has decided to put up another two slots of spectrum in the 3.5GHz Spectrum band for auction before the end of 2022. This is coming after MTN Nigeria and Mofab Communications had earlier won the spectrum to deploy 5G services in Nigeria. Already, the Commission in a Draft Information Memorandum (IM) for the auction on the Commission’s website, has invited stakeholders to study the Memorandum for purposes of making submissions ahead of a review of the IM on 16th November 2022. In a statement…