Author: ITPulse

Two more winners have emerged among shoppers of Konga, Nigeria’s leading composite e-commerce giant, for the highly anticipated all-expense, paid Knowledge Weekend programme with the Chairman, Zinox Group, Leo Stan Ekeh. The two lucky winners are Mr. Olanrewaju Ogunkunle who hails from Oyo State and Ms. Sharifa Musa, a native of Kano State. The two winners, both of whom admitted to being loyal and regular customers of Konga, were selected randomly from shoppers participating in the current edition of the Konga Jara promotion which commenced on Tuesday, December 13, 2022, and will run through Tuesday, January 31, 2023. An annual…

Just when you think the InterswitchSPAK National Science Competition couldn’t get any more intense, another episode drops and you find yourself at the edge of your seat, counting your fingers and punching your fists in the air as the contestants jostle for their share of the N12.5million scholarship prize up for grabs. The last nine weeks have been a rollercoaster of emotions, as the 81 contestants readily displayed their mental acuity and adeptness in the race to the semi-finals and ultimately, the finals of the annual national science competition. This season’s episodes have so far showcased a stream of brilliant,…

Experts from analytics and AI leader SAS have forecasted the trends that will most impact financial services organisations in the year ahead. As recession anxieties and geopolitical tensions cloud the global economic horizon, the financial services sector is preparing for a rocky 2023. How will industry leaders wield their data and advanced analytics to weather the storm? Some of SAS’ foremost industry experts predict what consumers, financial firms and the parties protecting them can anticipate in the year to come. Predictability returns “2023 won’t be the year of chaos. In fact, 2023 will mark the return of some degree of…

According to Statista, digital payments across the globe are projected to grow at 12.31% over the next five years. As players in the payment and financial services space jostle for a chunk of the market, Interswitch recently laid a marker with a series of roadshows organised across Nigeria and beyond.    The term ‘global village is commonly used to describe the interconnectivity of the world. Communication, trade, entertainment, socialisation and even politicking across regions of the world have become so seamless that relating with individuals across the globe has become as smooth as engaging a neighbour across the street, hence the…

In a bid to drive profitability for consumer goods manufacturers, Releaf has raised $3.3 million in an oversubscribed Pre-Series A funding round, which will support the launch of two new technologies: Kraken II – a portable version of its award-winning palm nut de-sheller and SITE – a geospatial mapping application that informs the most profitable positioning of food processing assets. Samurai Incubate Africa, who re-invested after leading Releaf’s seed round led the funding round, with participation from Consonance Investment Managers. Stephen Pagliuca (Chairman of Bain Capital) and Jeff Ubben (Board member at World Wildlife Fund and Founder of Inclusive Capital…

The newest payment feature from Yellow Card, which uses Yellow Card’s crypto exchange platform to complete customer transactions in USDT is now available Across Africa, Yellow Card Financial has announced.  According to the company, with yellow pay, customers can send and receive money through the Yellow Card crypto exchange platform, without any extra charges, instantly with just a few taps on their phone. “This is more than just a money transfer service – it’s a powerful tool that will unlock new opportunities for people across Africa. By enabling instant, low-cost transactions across borders, we are helping to create a more…

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the anticipated macroeconomic challenges. Excerpts: What are your forecasts and anticipations for the global economy in 2023? I would like to start by noting that 2022 was indeed a turbulent year for the global economy. In 2022, the global economy witnessed record-high inflation rates with the attendant high cost of living…

By Hyther Nizam Inflation is on almost everyone’s mind right now. Around the globe, the supply chain issues caused by the COVID-19 pandemic have been compounded by the war in Ukraine and tight labour markets in some countries. Nigeria is no exception. In September, the country’s inflation rate hit a 17-year high, accelerating for the eighth straight month to 20.77% from 20.52% in the prior month. Both businesses and their customers are being adversely affected by this inflation. Businesses have been compelled to raise the price of products and services as operating expenses have increased. But they do so at…

Having comes to the reality of rapid over-hiring during the Covid-19 pandemic and growing economic uncertainty, tech workers across the globe are likely to face huge losses in 2023. This is coming as tech giants such as Amazon reduced their workforce by 18,000 representing over 5 percent of their entire 300,000 corporate staff. Though Amazon’s job cuts exceed any of the mass headcount reductions at major companies, the eCommerce giant is not alone. Other companies such as Meta (11,000), Snap (1,280) and Twitter (3,750)—in recent months have cut jobs too. Also, Salesforce, an American cloud-based software company said that it…

Seven ASUS products, ranging from Gaming, Computer Peripherals & Accessories to Home Appliances, were honored at the CES 2023 Innovation Awards for their top-class performance, innovative designs, and user-centric features. These awards highlight ASUS’ innovative prowess in churning out cutting-edge solutions that are addressing the needs of society. The CES Innovation Awards program, owned and produced by the Consumer Technology Association (CTA)®, is an annual competition honoring outstanding design and engineering in consumer technology products across 28 product categories. An elite panel of industry expert judges, including members of the media, designers, engineers, and more, review submissions based on innovation,…