Juniper Research has revealed in its new report that digital wallet users will exceed 5.2 billion users, representing over 60percent globally by 2026, as digitisation accelerates the cashless transition. The new figure is a growth from 3.4 billion in 2022; representing strong growth of over 53percent. “These rapidly growing markets represent a significant opportunity for digital wallet vendors, but they must work intelligently to maximise their position. A highly competitive wallets’ landscape means that vendors must differentiate themselves by integrating machine learning to provide spending insights and introduce new services such as wealth management to add value,” Research co-author Damla…
Author: ITPulse
The Nigerian government through the Nigeria Office for Developing the Indigenous Telecoms Sector (NODITS), which is domiciled in the Nigerian Communications Commission (NCC), yesterday in an attempt to strengthen indigenous participation in the telecom sector hosted the maiden edition of the Nigerian Telecommunications Indigenous Content EXPO (NTICE 2022). The 2-day ongoing event happening at the Landmark Centre in Lagos is coming following the phenomenal growth in telecommunications with Nigeria seemingly playing more of the consuming role rather than producing. Giving his welcome address at the event, which attracted participation from indigenous and international Information and Communications Technology players, the Executive…
Vibrant digital content creator, Tobi Ayeni, fondly referred to as MissTechy last week during Media Capacity Building Workshop, organized by 9mobile boosted the skills of journalists in Nigeria by putting through how they can leverage the Internet for improved performance. In her opening remarks at the session, which had in attendance journalists from both print and online news platforms, Ayeni defined content leveraging as the ability to use content in multiple ways to get the highest return on engagement from each piece of content created. According to her, as a content creator, it is vital to keep the consumer/audience in…
The over five million customers of Konga.com, Nigeria’s largest online retailer, will henceforth enjoy Infobip’s omnichannel customer communications solution as the global cloud communications company for businesses and a leader in omnichannel customer engagement, has deployed the reliable cloud-based messaging platform to bundle transactional and promotional messages for Konga.com. Speaking of the development, Kunle Ajani, Omnichannel Digital Campaign Manager at Konga.com, said the deployment of Infobip’s omnichannel customer communications platform would enhance customer experience and generate greater awareness, which will ultimately, increase the conversion rate on Konga’s website. “We needed a reliable cloud-based messaging platform to bundle transactional and promotional…
In a bid to drive technology development in Nigeria, the Nigerian Communications Commission (NCC) has decided to commit over N500 million to universities and other tertiary institutions across Nigeria. Disclosing this at a two-day Regional Roundtable with Academia, Industry and Other Stakeholders, the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, said the fund will facilitate research and innovations, which will ultimately, promote developments in the Nigerian telecommunications industry. “Over N500 million funds have been committed to research grants to universities and tertiary institutions, including professorial chairs in the universities in salient areas to drive technology development,”…
The twenty-first century has ushered in a period of ease and convenience for many nations. Advances in commerce, better means of transportation, healthcare, and the rise of information communication technology (ICT) have proven to be very useful in today’s world. With the advent of digital technology, every aspect of life has been transformed. The digital transformation of the economy has led to the creation of new business models, new products and services, and new ways of doing business. However, as technology has advanced, so have crime and insecurity, with Nigeria ranking as the 8th least peaceful place in Africa, according…
The Executive Vice Chairman of the Nigerian Communications Commission, Professor Umar Danbatta, has said the commission has so far identified 72 action points to promote indigenous content in the telecoms sector. Danbatta disclosed this in his keynote address at the third edition of the Policy Implementation Assisted Forum with the theme: ‘Establishing Trackable Metrics for Developing Nigeria’s Indigenous Telecoms Sector’ in Lagos on Thursday. He added that the commission has also brought at least 30 stakeholders to the round table to chart a way for the effective implementation of the National Policy for Promotion of Indigenous Content Policy in the…
In a move aimed at equipping public servants in the nation with the necessary skills needed for the Fourth Industrial Revolution (4IR) and the future of work, the National Information Technology Development Agency (NITDA), has commenced the 2022 eGovernment Service-Wide Capacity Building Progamme. This is in continuation of the implementation of the e-Government Master Plan and the National Digital Economy Policy and Strategy through the Strategic Roadmap and Action Plan (SRAP 2021-2024). Speaking on the role of NITDA, the Agency’s Director General, Kashifu Inuwa, stated that as a result of the philosophy of digital inclusion, it is impossible to stay…
Transportation, the movement of people and goods from one place to another, is a significant driver of human progress. In Nigeria, the three key means of transportation are road, air, and water. Road transport however dominates the means of transportation, especially in urban and suburban areas. Reports indicate that road transport makes up about 90 percent of the movement of goods and passengers in the country. In recent years the use of three and two-wheelers for transportation has risen dramatically, both for private and commercial purposes. Experts are quick to point out that the rising prevalence is directly connected to…
A new report by Kaspersky has shown that 61percent of Nigerian face phishing scams when leveraging digital platforms for payment purposes, especially online banking or mobile wallet services. The breakdown indicates that 67percent have personally encountered fake websites, and a staggering 82percent experienced scams (via texts or calls) using social engineering. According to the report, many Nigerians are aware of threats of digital payment methods, with the majority of respondents from Nigeria reporting that they are aware of both financial phishing attacks (95percent) and online scams (97percent). 78percent also stated that they are informed about banking malware on PCs and…
