Author: ITPulse

The resumption of the MTN Y’ello Care Campaign, its flagship staff volunteer programme is to upskill local communities with digital skills training and development, boosting economic activity and involvement, MTN Nigeria said in a statement. With interventions themed “Empowering Communities to Drive Economic Recovery”. The campaign will support the delivery of MTN’s Ambition 2025 strategy and in particular the strategic priority to ‘create shared value’ by fostering digital skills for job creation in Nigeria. Encouraging MTNers to participate in this year’s campaign, Chief Corporate Services Officer, MTN Nigeria, Tobechukwu Okigbo asked employees to “Commit to doing the right thing for…

Juniper Research’s new study has projected that the total number of tokenised payment transactions will rise from 680 billion as of this year to over 1 trillion globally by 2026, representing a 58percent growth. According to the study, the growth in the four years can be attributed to the rise of ‘one-click’ solutions, such as Click-to-Pay, using card-on-file tokenisation to store a customer’s payment credentials; enabling them to auto-fill their checkout details and complete transactions via a single click. The study noted that tokenisation protects customers’ payment credentials when stored; replacing sensitive data with token values that hold no intrinsic…

A global leader in omnichannel communication, Infobip last week in Lagos, South-West Nigeria, during its Comms API Meetup engaged developers, especially startups about the company’s Application Programming Interface (API). At the Meetup held at the Landmark Centre, Infobip introduced its products, services and its Developer Experience Department. Welcoming the developers to the Meetup, Olatayo Ladipo-Ajai, Regional Manager, Infobip West Africa, noted that Infobip decided to host the Meetup owing to the large developer community that exists in Nigeria, especially Lagos. He explained that a lot of startups want to hit the ground running, but since they cannot develop from scratch…

Ehizua Hub, an Australian education and creative technology hub, has sealed a deal with Sterling Bank Plc to bridge the financial gap in accessing online and on-campus quality Australian education. The parties disclosed this in a statement on Friday. “Sterling Bank has integrated Ehizua Hub to EdPay via its Edubanc platform to allow the bank to provide services, including credit facilities and other value-added services. As part of the agreement, the bank will underwrite students’ loans to fund Ehizuahub courses listed on EdPay. “Students onboarded by Ehizua Hub will access a flexible 12-month loan from Sterling Bank to fund creative…

Huawei Technologies yesterday in Lagos inked a partnership with TD Africa to launch a suite of revolutionary digital power solutions targeted at various categories of users in the Nigerian market. The partnership is coming owing to the perennial public power supply challenge in Nigeria. Speaking at the event, Chief Executive Officer (CEO), TD Africa, Mrs. Chioma Ekeh noted that Huawei keyed into the challenge and decided to initiate the Digital Power solutions.  Mrs. Ekeh referenced the instability in the global crude oil market which has been worsened by the ongoing war in Ukraine, while also citing environmental concerns and issues…

By Hyther Nizam Nigeria has the largest market in Africa with a GDP standing at $514.05 billion in 2021 and a population of over 200 million people. The business scene in Nigeria is faced with many challenges and the survival of any business in this market is dependent on the adoption of successful strategies. One successful strategy for businesses entering the Nigerian market is localisation. A strong long-term localisation strategy will help establish a presence among locals, earning their trust and eventually building brand loyalty. It is equally critical, however, for businesses to understand that localisation entails more than just…

Sophos, a global leader in next-generation cybersecurity, has published a new sectoral survey report, The State of Ransomware in Education 2022. The findings reveal that education institutions – both higher and lower education – are increasingly being hit with ransomware, with 60% suffering attacks in 2021 compared to 44% in 2020. Education institutions faced the highest data encryption rate (73%) compared to other sectors (65%), and the longest recovery time, with 7% taking at least three months to recover – almost double the average time for other sectors (4%). Additional findings include: Education institutions report the highest propensity to experience operational…

By Sisonke Mgwebi The world is rapidly becoming interconnected through advancements in technologies such as robotics, artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and much more. These technologies are associated with the Fourth Industrial Revolution (4IR), and increased intra-African trade can help the continent apply and develop 4IR technologies to develop its economies and infrastructure. Nineteen months have passed since trading began in the African Continental Free Trade Area (AfCFTA), which is the largest free trade area in the world as it holds 54 out of 55 members of the African Union (AU). The agreement aims…

The Minister of Communications and Digital Economy, Prof. Isa Ibrahim Pantami, has assured that Nigeria has a proactive regulatory framework that is capable of addressing challenges associated with emerging technologies such as the Internet of Things (IoT). The Minister, who gave the assurance in Lagos yesterday today at a Stakeholders Consultative Forum on Regulatory Roadmap for IoT Ecosystem in Nigeria, hosted by the Nigerian Communications Commission (NCC), declared that Nigeria has already exhibited its preparedness to harness the potential of this new services, as demonstrated in the reduction in incidences of cybercrimes in Nigeria over the past two years. “Nigeria’s…

Nigeria is not among the ten countries in Africa where MTN Group is inviting developers across several markets to participate in an Open API Hackathon, with a challenge to create a mobile application that uses MoMo APIs for use in their markets. The ten countries, where the hackathon will be conducted by MTN Group Fintech are: eSwatini, Zambia, Congo Brazzaville, Rwanda, Uganda, Cameroon, Benin, Cote d’Ivoire, Ghana and Guinea Conakry. Finalists stand the chance to win up to USD 5000 in prize money in their respective countries. In a statement, MTN said the MTN Group’s Mobile Money Application Interface (API)…