Author: ITPulse

The 2022 African Banker Awards which was held in Accra, Ghana during the African Development Bank (AfDB) Annual Meetings, has awarded Interswitch, an integrated payments and digital commerce company as the Fintech of the Year. Receiving the award, Cherry Eromosele, Group Chief Marketing and Corporate Communications Officer of Interswitch Group, said the company is elated to have been named the ‘Fintech of the Year’ in the prestigious awards. “We are excited to have been recognised as the first recipient of the ‘Fintech of the Year’ award by the African Banker magazine. This award will further spur us in our drive…

Health technology company, 54gene has signed a Memorandum of Understanding with the National Academy of Sciences and Technology of Senegal (ANSTS) to announce the SEN-GENOME Genetics Research Study. The essence of the study is to explore the genetic diversity of Senegalese populations in order to establish the bases of Precision Medicine in the country, Africa and the world. “Africans are the most genetically diverse population and this study is a significant step in enabling  Senegal to advance the practice of Precision Medicine in the country. We’re honored to collaborate with our partners in Senegal as the country continues to consolidate…

Starting from Wednesday, June 1st, 2022, the prices of all product categories on the Konga platform, including Fast Moving Consumer Goods (FMCG), Home and Kitchen Appliances, Electronics, Computing, Mobile Phones, Wine & Spirits and Fashion will be crashed as part of the Mid-Year shopping festival. Also, to be highly discounted, are flight tickets to any part of the world from Konga Travel, even as the management of Konga noted the Mid-Year Shopping Festival as an annual event to celebrate Konga’s anniversary, Father’s Day and Democracy Day, among others. ‘‘It is a month Nigerians must celebrate annually to appreciate the Almighty’s…

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has posited that for the telecom industry to achieve the desired result, there is a need to collaborate with strategic partners. Prof. Danbatta, who was speaking when he received a delegation from the Nigerian Institute of Management (NIM), led by the Acting Registrar and CEO of NIM, Jude Iheanacho, who paid a courtesy visit to the NCC Head Office recently, noted that such collaboration will strengthen organizational efficiency and promote capacity building in a professional setting. The NCC Boss, who was represented by Director, Human Capital and…

Nigeria’s unstable power supply can cause foods like fruits and vegetables to go bad in almost no time at all, even when stored in a refrigerator. This, combined with the recent increase in the electricity rate, pushes people towards less natural foods that are stuffed with preservatives in an attempt to have them fresh for consumption. Many people are considering using inverter technology to save energy and keep their food fresh and healthy in more effective ways. That wish has finally come true thanks to technological advancements and LG’s Inverter Linear Compressor. Food can now be kept fresher for extended…

Retail & eCommerce demands are expected to drive global Customer Data Platform Revenue to $6 Billion by 2027, a new study by Juniper Research has found. ​According to the study, titled ‘Customer Data Platforms: Key Strategies, Competitor Leaderboard & Market Forecasts 2022-2027’, this is a rise from $1.7 billion in 2022; representing a growth of 250%. The introduction of AI-based services will be key to unifying multiple data sources on a single platform; reducing siloed data and centralising enterprise access to customer data. “The breadth of high-value services supported by Oracle’s Unity CDP, including real-time management of data, ability to…

The management of Zinox Group has expressed excitement over the purported acquisition of Jumia, a pan-African e-commerce brand but says there is currently no concrete interest. Speaking to newsmen during the weekend, the Head of Corporate Communications, Zinox Group, Mr. Gideon Ayogu said while there may be some substance to the rumoured, Sub-Saharan Africa’s tech conglomerate is not interested now. ‘‘Truth is, there is no smoke without fire. The frenzy of media anticipation and rumours of a likely acquisition may not have been wrong but there must have been a leak somewhere and a misrepresentation of the core intention. ‘‘At…

A global leader in next-generation cybersecurity, Sophos has swept All Product, Innovation and Market Ratings to emerge as the Overall leader in the 2022 KuppingerCole Leadership Compass for Endpoint Protection, Detection and Response. Announcing this in a statement, Raja Patel, senior vice president of products at Sophos noted that the KuppingerCole recognition is validation that Sophos is delivering industry-best protection against ransomware and other advanced cyber threats.” “An increasing number of organizations are being hit with ransomware and the average ransom payment rose nearly fivefold to more than $800,000 last year, according to the State of Ransomware 2022. There’s a…

The founder of CryptoPreacher Blockchain Academy, Rume Ophi has urged Nigerians to leverage Cryptocurrency and better their lives, stressing that beyond trading, cryptocurrency and blockchain technology offers several vistas of opportunities Nigerians can take advantage of. Rume Ophi, who is a cryptocurrency and alternative finance expert made the call when he fielded questions on the current state of the market with journalists recently in Lagos. He noted that career prospects as well as other business opportunities beyond HODLing and other associated trading activities in the cryptocurrency ecosystem are springing up across the world that Nigerians, especially the youths can take…

Global spending on Multi-access Edge Computing will grow from $8.8 billion in 2022 to $22.7 billion by 2027, a new study from Juniper Research has predicted. This growth represents 260% and will be driven by increasing requirements for on-premises machine learning and low-latency connectivity; enabled by 5G technology. Describing Multi-access Edge Computing as a network architecture that moves processing power and digital content to mobile network edges to provide lower latency and faster processing to end users, the new research, Edge Computing: Vertical Analysis, Competitor Leaderboard, and Market Forecasts 2022-2027, predicts that over 3.4 million MEC nodes will be deployed…