Following the 2020 UN Report on Trade and Development, which estimates illicit losses of USD 88.6 million each year in Africa alone, of which 2,1% of all global crypto transactions globally were categorised as illicit, experts have put forward four major tips to keep cryptocurrency trading safe. The four tips are: Use a recognised, reputable exchange, as the significant investment in security will mean that your money remains safe. The weakest link is human beings. It is very rare to see actual hacking in crypto financial fraud. It is true that crypto is volatile but be aware that if something…
Author: ITPulse
The National Information Technology Development Agency (NITDA) has commended the Kwara State government for closing digital gaps through the building of the e-libraries across the sixteen local government areas of the state. The Director General of NITDA, Mal. Kashifu Inuwa, who gave the commendation, noted that the building of the e-libraries aligns with the NITDA’s agenda and the the National Digital Economy Policy and Strategy, (NDEPS). “Your approach towards ensuring sustainable development in the Educational sector of Kwara State coupled with striving for a digital transformation in the state is highly commendable because it identifies with three of NITDA’s seven…
Many organizations are seeking ways to offer their products and services to customers in an efficient way in order to save time, ease the processing of the orders and provide the highest quality of delivery as at the expected time. One major opportunity that most start-ups are not taking advantage of is the availability of data in the public domain as well as the internal data they are gathering to make business intelligent decisions. Organizations are drowning in an overwhelming amount of data and know little or nothing about gaining insights from the data and turning them into actionable goals…
Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look further were able to stand the test of time, reinventing themselves with cutting edge financial services that remain key to sustaining its relevance to not just its host communities but the global community. Based on findings from extensive engagements with customers, internal and external surveys and reports by SMEDAN, Efina and NBS, First Bank of Nigeria Limited has been deliberate in ensuring that SMEs thrive and grow their businesses…
The Nigerian Communications Commission’s Cyber Security Incident Response Team (NCC-CSIRT) has highlighted measures that can be taken to avoid Juice Jacking and Facebook for Android Friend Acceptance cyber vulnerability. The NCC-CSIRT had identified the two cyber vulnerabilities, which it noted are targeted at the Nigerian telecom consumers. While Juice Jacking can gain access into consumers’ devices when charging mobile phones at public charging stations, Facebook for Android Friend Acceptance Vulnerability targets Android Operating System. The solutions to these vulnerabilities, according to NCC-CSIRT include using ‘charging only USB cable’, to avoid Universal Serial Bus (USB) data connection; using one’s AC charging…
The Director-General of Nigeria Information Technology Development Agency (NITDA), Mal. Kashifu Inuwa has challenged tech innovators in Nigeria to build solutions that can compete globally. The DG, who threw up the challenge while delievery his opening remarks at the virtual NITDA Nigerian Innovation Ecosystem Engagement held today, admitted that though innovators in Nigeria have succeeded in building the most investment appealing ecosystem in Africa, there is no passion playing small and settling for leading only in Africa. “It is amazing that you have succeeded in building the most investment appealing ecosystem in Africa, attracting over 1.5B USD representing 35% of…
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has taken a position on-going debate in the United State of America (USA) over the risk of interference between 5G networks and aviation equipment. In a statement issued today and signed by its Chairman, Engr. Gbenga Adebayo and Head of Operations, Gbolahan Awonuga, ALTON admits that there is ‘overspill’ in every radio transmission, but there is no greater risk of interference with 5G networks and aviation operations. “While the issues being discussed over the risk of interference between 5G networks and aviation equipment are highly technical, it is important to ensure…
Shoppers in Lagos, Abuja and Port Harcourt will get free delivery on orders above N4,599 across multiple categories, Konga, Nigeria’s leading composite e-commerce giant has announced. Tagged “It’s the season of Love”, the Konga free delivery offer kicked off on Monday, January 24, 2022, creating excitement among shoppers, many of whom have wasted no time in besieging Konga.com to take advantage of the offer. Among the wide variety of products across categories on offer for this campaign are Groceries, Fashion items, Electronics, Laptops, Desktops and accessories, Mobile phones and tablets, Fast Moving Consumer Goods (FMCG), Home & Kitchen appliances, Baby,…
By Sunday, February 6, 2022, nine finalists of the InterswitchSPAK 3.0 National Science Competition will compete for their share of N12.5million worth of University scholarships. The money, according to Interswitch will be shared among the first three runner-ups. The student who claims the first position will be rewarded with a N7.5 million scholarship spread over 5years, a monthly stipend for the duration of the scholarship and a brand-new laptop; the second-place winner will receive N4 million worth of scholarships spread over 3 years, a monthly stipend and a brand-new laptop, while the third-place winner will be rewarded with a N1…
The National Information Technology Development Agency (NITDA) has rated the financial sector highest in compliance to the Nigeria Data Protection Regulation (NDPR) in 2019, which is presently being enforced by the government. In a address delivered by its Director General, Mal. Kashifu Inuwa, during the National Privacy Week 2022 Press Conference and unveiling of the week’s activities, NITDA rated Finance sector 41 percent, Consultancy 9.2 percent, ICT and Digital Media 8.8 percent and Manufacturing 7.9 percent in the 1,230 audit compliance recorded in 2021. “Financial sector leads in the NDPR compliance, where we have from zero data privacy audit compliance…
