With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 percent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound but that it demonstrated the fact that the recovery is real. For the shareholders of the Nigerian banking behemoth, First Bank of Nigeria Limited, it is a season of celebration and a period to shower praises on the board and management…
Author: ITPulse
Konga, Nigeria’s leading composite e-commerce giant, has promised huge savings for shoppers as it flags off the maiden edition of the much-anticipated Mid-Year Shopping Festival. A month-long mega discount sale, Konga Mid-Year Shopping Festival kicks off today Wednesday, June 1 through Thursday, June 30, 2022, online at www.konga.com and offline in every Konga store nationwide. A lot is in store for shoppers across the board throughout the duration of the festival. Here are a few key facts to know about the Konga Mid-Year Shopping Festival and what to look forward to: Konga Mid-Year Shopping Festival is an annual promotion. This…
In a move geared toward pursuing proactive regulatory interventions that will ensure an enabling operating environment and improving investment climate in the Nigerian telecom industry, the Nigerian Communications Commission (NCC) has called for stakeholders’ support. This call was made at the Second Telecoms Leadership Summit held in Lagos last week, with the central objective to analyse the current state of the sector, process the issues and chart new pathways to a more effective and sustainable regulatory regime for the stability and growth of the Nigerian telecom industry. Speaking at the event, the Executive Vice Chairman and Chief Executive Officer of…
The results for the 2022 Unified Tertiary Matriculation Examination (UTME) are out and a number of these students who participated in the virtual classes organised by Quickteller, a leading consumer digital payments platform, powered by Interswitch scored above average. Recall that prior to the examinations, Quickteller organised preparatory classes for interested students in a bid to help boost their scores in the exam organised by the Joint Admissions Matriculation Board (JAMB). And now these students have excelled in the examination. Among the students who took part in the classes was Adeyemi Solomon, who scored a high 305 points out of…
In the present and increasingly complex infrastructure, shortage of skilled professionals and the growing sophistication of attacks, Kaspersky, a cybersecurity and digital privacy company has decided to recommend four key points that can protect organisation from advanced attacks. The four key points are: Deploy a solution that combines detection and response capabilities and managed threat hunting to help identify both known and unknown threats without involving additional in-house resources. An alert-driven approach is no longer effective for reacting to modern threats. Provide your SOC team with access to the latest threat intelligence, to ensure in-depth visibility into cyber threats targeting…
FPG Technologies at the 13th edition of the Beacon of ICT (BoICT) Distinguished Lecture & Awards held over the weekend in Lagos, carted away two key awards as a testament to its innovative solutions in the market. The company won the “IT Solutions and Consulting Company of the Year” and the “Cybersecurity Product Company of the Year” awards. Handing over the award to FPG Technologies, Managing Director/CEO of Medallion Data Center and President of the Association of Telecommunications Companies of Nigeria (ATCON) Engr. Ikechukwu Nnamani noted that the Awards were proof of the company’s innovativeness and impact to the growth…
Dr. Krishnan Ranganath, a senior global executive with expertise in data centre operations and other business focus has won the Data Centre Personality Award of the Year Award at the Beacon of Information and Communications Technology Awards, organized by Communication Week Media Limited, publishers of Nigeria CommunicationsWeek. Dr. Krishnan Ranganath, who is presently the Chief Technology Officer of Africa Data Centres, one of Africa’s largest networks of interconnected, carrier and cloud-neutral data centre facilities, was announced at the annual awards on Saturday night at the prestigious Eko Hotels and Suites. Declaring him the winner, the organizer described Dr. Krishnan Ranganath…
Communication Week Media, the organizer of this year’s Beacon of Information and Communications Technology Awards has rated Medallion Data Centres Limited (MDCL) as the Most Interconnected Data centre of the year 2022 in West Africa. According to the organizer, MDCL presently is the number one go-to facility for a fast, efficient and cost-effective data centre that renders connectivity services when the time to market and affordability is essential. “As we speak, MDCL is the most connected data centre facility in West Africa as it is a chosen hosting company of choice for the major value-added service providers and premium rated…
Tradefada, a One-Stop Cryptocurrency exchange platform on Saturday 28th of May won the ‘Blockchain Services Platform Provider of the Year (Crypto)’ award at the Beacon of ICT Awards, organized by Communication Week Media Limited, publishers of Nigeria CommunicationsWeek. Announcing Tradefada as the winner, the organizer said the company pulled the highest votes to emerge in the category, stressing that the award was keenly contested by four other companies. “We are pleased to have the honour to announce Tradefada as a winner of this year’s Beacon of ICT Awards having gathered the highest votes in the ‘Blockchain Services Platform Provider of…
Global communications company Infobip, on Saturday 28th of May, received the Business Efficiency Solutions Provider of the Year award, at the 13th annual Beacon of ICT Awards held in Lagos. This is coming after it received ICT Award for Best Communication Solution Provider last year in last year’s edition of BoICT Awards. Also, Infobip was recognised by the Nigeria Tech Innovation and Telecom Awards (NTITA) as the Innovative Cloud Communication Partner of the Year for 2021. These accolades are a testament to the company’s improved brand perception and visibility in the region. Speaking after receiving the award on Saturday night,…
