Author: ITPulse

A financial technology expert, Mr. Seun Dania has argued that rather supporting and promoting the eNaira platform, launched by the Central Bank of Nigeria (CBN) recently, the federal government should support the Fintech ecosystem that is providing solutions to real-life challenges faced by Nigerians. Speaking to ITPulse recently, Mr. Seun, who is also the Founder of Tradefada noted that the eNaira is merely a Federal Government politically motivated creation with zero consideration for how it may affect the lives of the average Nigerian or businesses. “The Nigerian fintech space is filled with very brilliant minds who are providing solutions to…

In a bid to put customers at an advantage in carrying out various activities on their own without interacting with anyone, First Bank of Nigeria Limited has decided to launch a fully automated branch, called the FirstBank Digital Experience Centre. According to Firstbank, the branch is a reinvention of digital banking solutions in the country as customers are exposed to a seamless world-class banking experience. “With our Digital Experience Centre, we have reiterated our role in pioneering leading innovative technology-driven solutions that are central to enriching the experience of our customers in carrying-out various transactions using state-of-the-art-facilities with ease and…

The Payment Association has forcasted that market for Artificial Intelligence (AI) will reach a whopping $360.36billon by the year 2028, as 54 percent of financial services organisations with over 5,000 employees have adopted AI. In a research titled ‘Using AI Intelligently: Smart way to use Artificial Intelligence in Payments’, Payment Association also revealed that 70 percent of all financial services firms are using machine learning to predict cash flow events, fine tune credit scores and detect fraud. According to the research, both AI and machine Learning allow companies to scale processes faster than human beings, process data far more efficiently…

National Information Technology Development Agency (NITDA) has kitted staff of the National Traditional Council for Traditional Rulers in Nigeria (NTCRN) on e-Government. The capacity building on e-Government is in recognition of the significant  role of traditional institutions as custodians of cultural values in the country. “The exercise is being carried out with a view to ensuring successful implementation of the e-Government Master Plan as well as inculcating the use of Information Technology in all government activities,” said Director General of NITDA, Mal. Kashifu Inuwa. Kashifu who was represented by the Director, Information Technology and Infrastructure Solutions of the Agency, Dr…

Cyberchain, Nigeria’s most engaging and people focused Cybersecurity and Blockchain Conference holds on Friday 19th and Saturday 20th November 2021. With the theme: Embracing The Digital Economy, the organizers hope to change the paradigm of Nigerians, as it affects their approach to Digital Solutions. Day 1 will focus on the benefits of 5G Technology, Digital Currencies and Regulations, Real Estate Tokenization, Non-Fungible Tokens, eSports, GameFi and more. Day 2 will however take the event a step higher by focusing on Cryptocurrency Compliance, Digital Forensics, and general Cybersecurity best practices. The event will feature various Speakers, who are proven subject matter…

The Nigerian Communications Commission (NCC) on Tuesday engaged stakeholders in the telecom sector on what it described as the ‘Determination of Call Termination Rate for Special Numbering Service Providers in Nigeria. The engagement, which was held at the telecom regulator head office in Abuja is geared towards taking a decisive regulatory move to ensure sustainability, profitability and fair competition in the Special Numbering Service (SNS) segment of the nation’s telecommunications sector. According to NCC, the engagement was held following the extensive work of a committee set up by the Commission to look into the issues and complaints emanating from the…

As part of activities to mark 10th anniversary, CyberAfrica, a Pan-African Information and Communications Technology magazine has instituted  a ‘Pan-African Digital Economy Award’, which is targeted at celebrating digital innovations across all sectors on the countinent. Disclosing this in a short statement in Abuja, the Managing Editor of CyberAfrica Magazine, TV and Online Mr. Hillary Damisah, said the novel award, which is schedule to hold December 19, 2021 at the prestigious Oriental Hotel Lekki-Lagos, will have categories covering the entire  sectors that make up the Information and Communications Technology ecosystem. “While we want to mark CyberAfrica Magazine @10, we also…

The African Development Bank has partnered Microsoft Philanthropies to launch a Coding for Employment program that is set to expand digital skills of 500 rural youth in Africa and ultimately, offer the digital ambassadors an intensive three-month program featuring in-demand skills The Coding for Employment will offer the digital ambassadors an intensive three-month program featuring in-demand skills, such as web design and digital marketing, as well as soft skills such as critical thinking, project management and communication. At the end of the coursework, the Bank and Microsoft Philanthropies will provide graduates with information and communication technology toolkits and resources so…

Emmanuel Otori The emergence of ecommerce in Africa has seen online shoppers take advantage of the convenience it offers, as goods can now be delivered directly to their doorsteps while they also have the flexibility of selecting the payment channel either using their debit cards or payment upon delivery option. However, as ecommerce continues to evolve and shape how business is done, there are numerous challenges that has been associated with making orders online, these challenges if unresolved over a long period of time, would make the trust the customer has to completely diminish as the reputation of the businesses…

In an ambitious move to produce over 40 million birds in Nigeria by 2025 and create over 100,000 jobs through its Poultry Development Program, Nigeria’s based agro-processing company, Agricorp International has decided to invest N4 billion into acquiring poultry production facilities across three states in the country. According to the company, the investment will help it to deepen its portfolio to include livestock production, processing and eventual export while providing employment and contributing to reducing the poultry meat deficit in Nigeria. “The rising inflation rate in food and agricultural produce poses a challenge that stares us in the face. Our…