Author: ITPulse

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…

The trio of Negs Empire, Dozzy Agricultural Enterprise and Maximus Recycling Solutions have emerged as the three winners of the Bridge to MassChallenge (B2MC) Nigeria Bootcamp 2021-22 Programme. The National Information Technology Development Agency (NITDA), who announced this in a press release issued by Mrs. Hadiza Umar, Head, Corporate Affairs and External Relations, said over 16,000 applications were submitted for 30 spots in the inaugural bootcamp programme.  NITDA attributes the success of these startups to its commitment to implementing a customized initiative called B2MC-Nigeria. MassChallenge, is a global network for innovators who are working to solve massive challenges. NITDA and…

Based on the new statistics updated on the Nigerian Communications Commission’s official website, the number of GSM subscribers joining various telecom networks in Nigeria increased by 6.18 million between January – April this year. According to the Punch Newspaper, the GSM subscribers increased from 195.13 million to 201.31 million, making the first time in three years that GSM subscribers are crossing 200 million since December 2020 when they were 204.15 million. The newspaper report revealed that as of April 2022, MTN Nigeria has a subscriber base of 76.19 million subscribers, followed by Airtel with 56.24 million subscribers, Glo with 56.14…

The National Information Technology Development Agency (NITDA) won the 2022 African Public Relations Awards Certificate of Excellence in Dar es Salaam, Tanzania, on the 25th of May 2022. In a statement issued and signed by Mrs. Hadiza Umar, Head, Corporate Affairs and External Relations at NITDA, the award is in furtherance of NITDA’s contribution to the growth of Nigeria’s digital economy. The annual African PR award recognizes Superior Achievements in Branding, Reputation, and Engagement (SABRE), with a focus on engagement, credibility, and relationship building. Provoke Media hosted it in collaboration with the African Public Relations Association (APRA). Before winning the…

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…