Author: ITPulse

More than EUR 50,000 in prizes will be distributed as Ericsson invites students, who are currently enrolled in university studies to propose innovative technology solutions to help tackle sustainable development challenges. Teams of two-to-four students invited for the Ericsson Innovation Awards (EIA) 2022 challenge will also take inspiration from the United Nations’ 17 sustainable development goals (SDGs). “University students around the world are among the most passionate and determined advocates of the need for action to meet global sustainability challenges. That’s why we’ve chosen sustainability as the focus of this year’s Ericsson Innovation Awards to help catalyze action,” said Heather…

The Broadband Commission for Sustainable Development has called for a global action that will accelerate digital development and pinpoint new actions that can drive faster progress towards universal and meaningful access to digital networks and services. The ITU/UNESCO’s arm that met in  Kigali, Rwanda, this weekend, also outlined the next steps for accelerating inclusive universal connectivity, setting the stage for tomorrow’s opening of the ITU World Telecommunication Development Conference. The high-level advocacy group came together for its annual Spring Meeting at the invitation of the Commission Co-Chair, H.E. President Paul Kagame of Rwanda, ahead of the landmark digital development conference…

Financial Derivative Company, a firm that offers research that provides insight for investment decisions in Sub-Saharan Africa especially Nigeria has commended Firstbank Plc for the spike in its profit after tax of N32.4 billion representing 108percent. “Congratulations to Firstbank.  We expect to see FBN stock rise in the months ahead due to its massive undervaluation and its evident potential upside. We recommend the stock as a BUY,” it said. FirstBank had delighted investors with a pleasant surprise when it announced stellar results confirming that its turnaround strategy pinned on the pillars of innovation, resilience and digging deep is working. Its…

Data presented by BanklessTimes has shown that the percentage of online shopping scam victims losing money is down to 74%, from 78% in 2020, even as there was a surge in client who suffered losses due to online scams at the onset of Covid-19. “The number of victims is reducing, and the restoration of normalcy after Covid-19 might be a factor.” He went further to hint that retailers might also be heightening their alertness, “Retailers are also cautious, thus making it difficult for fraudsters to pull off their scams,” Banklesstimes.com’s Jonathan Merry revealed in an article. The article noted that…

Juniper Research’s new study has revealed that AWS and IBM spend the most on enterprise cybersecurity, even as it is projected that the value of enterprise cybersecurity spending will exceed $226 billion in 2027; up from $179 billion in 2022. According to the study, this growth of 26 percent over the next 5 years reflects the increasing maturity of the cybersecurity market, which continues to evolve as new threats emerge. The report identified a rising awareness of vulnerabilities, alongside emerging threats, including ransomware and DDoS (Distributed Denial of Service) as key drivers behind the increased spending. “Cloud computing has been…

The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, has again reiterated Nigeria’s commitment to Digital Literacy, stressing that in the next few years, the country will be among technology-driven Nations in the world. The NITDA DG, while engaging investors at the just concluded Nigeria-Spanish Business and Trade Forum, in Madrid, Spain, stated that Nigeria’s commitment to Digital Literacy is gradually bridging the global talent gap in the Information Communications Technology (ICT) sector. “Nigeria has talented youths and is blessed with one of the youngest populations in the world. By 2050, we will be the third…

Digivation Networks, the organizer of the DigiVation Future Summit, has disclosed three focus areas, which the summit scheduled to hold on June 22, 2022, at the Radisson Hotel, Ikeja-Lagos will be anchored upon. These focus areas, according to the organizer are Governance, Innovation and People, adding that the summit will also dwell on the social-political ecosystem in a society driven by digital minds and innovative technology. “The DigiVation Future Summit will be anchored on Governance, Innovation and People. It discusses now with an eye on the future. A platform to articulate issues about the millennials and future generation with a…

By Oluwatayo Ayodele As cloud computing becomes pivotal for today’s business operations, performance management and productivity have emerged as crucial components for optimising system performance and reliability. Ayodele Oluwatayo, a Senior Devops Engineer at Reed Specialist Recruitment, knows fully well that the effective performance of cloud resources entails a robust strategy to monitor performance and optimization techniques. This article deep dive into essential aspects of cloud performance monitoring and optimization, providing an understanding and best methods to achieve top-tier efficiency. Cloud performance monitoring entails repeated tracking and analysing various metrics to ensure that cloud infrastructure runs efficiently.  Examples of key…

One of Nigeria’s based Mortgage Bank, Abbey Mortgage Bank Plc has declared a 116 percent growth profit before tax in its financial results for the year ended December 31, 2021. The result shows the company recorded PBT of N661.063million from a loss before tax (LBT) of N4.297billion in FY’2020. The annual report also shows that as of December 31, 2021, the bank’s total assets stood at N34.460billion as against N18.520billon in 2020, which represents an increase of 86.07percent. Profit after tax (PAT) of N622.198million in 2021 as against a loss position of N4.301billion in 2020 represents an increase by 114.46percent. …

The newly appointed Chief Marketing Officer (CMO) of GSMA, Ms. Lara Dewar has said she is looking forward to amplifying the other core activities of the GSMA like deepening the understanding of the importance of connectivity and mobile technology’s power to strengthen economies and enhance lives. “I am truly humbled and excited to lead the team that is responsible for marketing one of the most prestigious convening events for business and policymakers,” she said as she assumed her new role yesterday 1st of June 2022. She noted that technology enables limitless possibilities, and with it comes a responsibility to continue…