Author: ITPulse

Business leaders must embrace Artificial Intelligence (AI) as a collaborative partner in driving innovation and economic growth, rather than viewing it as a threat to human jobs. This was the key message from Kashifu Inuwa, Director General of the National Information Technology Development Agency (NITDA), at the BusinessDay CEO Forum Nigeria. Speaking during a high-level panel session titled “Builders of the New Nigeria – Stories of Scale, Grit, and Innovation,” Inuwa challenged the conventional notion of AI as merely an automation tool, encouraging CEOs to view AI as a strategic ally. Inuwa urged business leaders to integrate AI into their…

.… The most advanced Galaxy Z series yet, seamlessly blending precision engineering and powerful intelligence to elevate everyday interactions – all in its thinnest and lightest design to date. Samsung Electronics Co., Ltd. has announced Galaxy Z Fold7, a device that brings together the best of Galaxy design, camera functionality and AI innovation in the thinnest and lightest Galaxy Z Fold series to date. It delivers the premium performance and experience of an ultra-smartphone, while unlocking new levels of efficiency and productivity with a larger, more immersive display when unfolded. And with the new One UI 8 as its foundation, it…

…. Partnership marks a new chapter in Jumia’s advertising strategy, accelerating monetization with AI-powered sponsored product ads Jumia, a leading e-commerce platform in Africa, has partnered with Mirakl to elevate its marketplace advertising capabilities by deploying Mirakl Ads, a retail media solution uniquely designed to optimize performance for both first-party and third-party sellers. This move strengthens Jumia’s efforts to deliver more value to its sellers, enhance the customer experience, and unlock profitable and sustainable new sources of revenue. Retail media is a rapidly growing sector within the e-commerce industry, expected to reach $204 billion by 2027 with a projected compound…

The Nigerian government is setting an ambitious target of achieving 95% digital literacy across the nation by 2030. This monumental endeavor is being spearheaded by the National Information Technology Development Agency (NITDA), with a significant interim goal of reaching 70% digital literacy by 2027. Kashifu Inuwa, the Director General of NITDA, reaffirmed the Federal Government’s unwavering commitment during a collaborative meeting with the Universal Basic Education Commission (UBEC). “We started this journey in 2023 when President Bola Ahmed Tinubu came on board, and he made it clear that economic diversification and inclusivity are part of the administration’s agenda,” Inuwa stated.…

Nigeria is an energy starved nation. Imagine a country in the 21st century with over 200 million people and an unstable power supply. It’s a recipe for backwardness. It is also a sad commentary on the failure of successive governments over a hundred years. No wonder the hum of progress is too often drowned out by the silence of power outages. Today, homes flicker into darkness, businesses grind to a halt, and dreams of economic growth stall in the face of an unreliable electricity grid. The numbers paint a grim picture. Nigeria generates a mere 6,000 megawatts (MW) of electricity…

The Nigerian Communications Commission (NCC) has announced a new regulatory framework that will require banks, fintechs, airlines, hospitals, political campaigners, and other businesses to pay N10 million for an Application-to-Person (A2P) messaging license. According to Nairametrics, this significant move aims to clean up Nigeria’s rapidly growing automated messaging space and curb revenue leakages within the telecom sector. The new framework introduces a mandatory licensing regime for all entities involved in delivering bulk messages directly from applications to consumers. This includes everything from bank alerts and promotional SMS to other automated notifications. Under the new rules, any organization wishing to operate…

InnovationHub Africa, the organizers of the prestigious Nigeria Innovation Summit (NIS), have announced the top agenda for the 10th edition of its annual event. The summit is an annual event that brings together critical stakeholders from different sectors of the economy to discuss ground-breaking ideas, trends, opportunities, and numerous verticals to accelerate innovation and solutions that solve unique challenges within Nigeria and the African continent at large. Disclosing the event’s agenda, Mr. Tony Ajah, the Programme Director of the summit says, “The theme for this year’s event is “Sustainable Innovation”. As the world grapples with pressing challenges from climate change…

Migration infrastructure company, Vesti is set to host over 1,500 entrepreneurs, investors, creatives, policymakers, and diaspora leaders from across Africa and around the world. The hosting will take place at its flagship annual event, the Prosper Conference 2025, a 2-day experience, set for Thursday, October 23, and Friday, October 24, 2025, at the Landmark Event Centre in Lagos. At a press conference in Lagos to announce the Prosper Conference 2025, Olusola Amusan, Co-Founder and CEO of Vesti, noted that Africa has long been a powerhouse of culture, business, and intellect, yet its excellence has often moved without the recognition it…

PalmPay, a leading digital banking platform in Africa, is set to revolutionize access to insurance in Nigeria by launching strategic partnerships with top-tier insurance providers. This initiative aims to tackle the nation’s significant insurance penetration gap, making essential coverage accessible, affordable, and simple to obtain directly through the PalmPay app. Nigeria currently faces one of Africa’s lowest insurance penetration rates, with a staggering over 90% of its population lacking any form of health insurance. Barriers, including low awareness, affordability concerns, and trust issues, have long hindered widespread adoption. PalmPay’s new offering directly confronts these challenges. “Insurance is often perceived as…

Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), the leading advocate for blockchain adoption and innovation in Nigeria, proudly recognize the transformative contributions of its esteemed member, Interstellar, to the African blockchain ecosystem. Interstellar’s recent partnership with the Pan-African Payment and Settlement System (PAPSS) to launch the PAPSS African Currency Marketplace (PACM) marks a monumental milestone in revolutionizing intra-African trade and financial sovereignty, aligning seamlessly with SiBAN’s vision of a blockchain-driven future. Interstellar: Pioneering Blockchain Innovation Interstellar, a trailblazing deep-tech company and proud SiBAN member, has demonstrated unparalleled leadership through its development of the blockchain-agnostic STARGATE platform, which powers PACM.…