The Chief Executive Officer of Advanced Management Academy, Abuja, Mr. Peter Oyeneye has argued that for the digital economy agenda being pursuit by the Ministry of Communications and digita economy to be successful, it must leverage on effective media reportage. Mr. Peter in a presentation titled ‘Professionalism and Ethics in Modern Reportage’, which was delivered recently in Lagos during a 5-day capacity building training for ICT journalists, believes that journalism is so sensitive and important as it affects the operation of both the private and public sectors of the economy. Thus, effective media coverage must be encouraged. “There is a…
Author: ITPulse
The Director General, National Information Technology Development Agency (NITDA), Mal. Kashifu Inuwa has reiterated data is a critical component of the digital economy being championed by the federal government. Thus, NITDA as an agency of the federal government in charge of Information Technology regulation, will protect personal information of Nigerians online. While speaking at a panel discussion during Nigeria Bar Association Annual General Conference held in Port Harcourt, Rivers State, Mal. Inuwa noted that every moment spent on the internet leaves personal data footprints on social media (Facebook, Twitter, Instagram, etc) and search engines (Google, Bing, Yahoo, etc) making the…
SHAREit Lite is aiming to help Nigerians access high-speed file transmission without mobile data SHAREit Lite is a flagship application to enable Nigerians to transfer files very efficiently and fast, without mobile data. Propelled by its mission to make digital content equally accessible by everyone, as the transmission-oriented utility app, it aims to smoothen the process of near distance peer-to-peer file transfer for Nigerian users. A study by Data Reportal shows that 92.4% of the total internet users in Nigeria are from smartphones. This number is forecasted to grow beyond 140 million by 2025, demonstrating the importance of the continued…
Mr. Seun Dania, a fintech player and Chief Executive Officer of Tradefada, an advanced and easy-to-use Nigerian cryptocurrency mobile application for buying, selling and exchanging Bitcoin, has criticized the way and manner the eNaira platform, introduced by Central Bank of Nigeria (CBN) was launched. He argued that though, the eNaira is well timed as it has been long overdue, the apex bank planned the digital currency platform to fail, going by the inadequate research, planning and testing before the execution. “As with any project, stakeholder management is very crucial to project success. The CBN simply launched apps as if it…
The global impact of technology ever since its inception has brought about a lot of positive impact though coupled with some negative effects but we can’t downplay how it has facilitated developments across all facets of life. The issue of virtual market navigation particularly in an African context is one of the results of Technological impact in our current disposition today. Firstly, we need an understand of what virtual market is all about, it is marketplace based on the internet where numerous companies execute economic transactions. The virtual market is an advanced development of the traditional way of marketing, although…
New data released by Konga has shown that KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, is on course to grow its active subscriber base to over three million by 2022. Feelers from within the company indicate that KongaPay was recently repositioned to take a greater share of the payments market in Nigeria, a development that has seen the platform taking the fintech space by storm. The move has seen KongaPay – which has witnessed an astronomical 400% rise in adoption, growing from about 272,000 to 1.1 million subscribers within a space of less than three months and from…
The Institute of Software Practitioners of Nigeria (ISPON) has released the considerations for this year’s Simon Agu prize for Best Software Entrepreneur award. According to ISPON, the consideration of the award, which is targeted at software startups to recognize their entrepreneurship as they build a fledgling software business, would be made based on the following criteria: Idea: what is the general idea behind the startup, how good is it and how does it make the startup rank better than other existing solutions Innovation: how innovative is the idea, how much of a disruption has it caused and what new trend…
To achieve net zero by 2050 and limit global heating to within 1.5C above pre-industrial levels, the GSMA has called on business leaders and policy makers to harness the potential of mobile connectivity and smart technology. According to GSMA, Smart technology could contribute 40% of the required carbon emissions savings for the world’s net zero goals. Thus, the need for policy maker and tech leaders to scale existing smart technology. “The risk is that without smart technology used widely, the world will miss 2050 net zero commitments. Business leaders and policymakers must act now to harness the power of mobile…
The Executive Commissioner, Stakeholder Management (ECSM) at the Nigerian Communications Commission (NCC), Mr. Adeleke Adewolu has highlighted some of the way the new new National Broadband Plan (NNBP), 2020-2025 will affect businesses positively in the country. The NCC’s Commissioner, while speaking at a breakout session at the 2021 Annual General Conference of the Nigerian Bar Association in Port Harcourt said the new National Broadband Plan will deliver a minimum of 10 Mbps in rural areas and a minimum of 25 Mbps in urban areas to every Nigerian at an affordable price and quality. “The new National Broadband Plan (NNBP), 2020-2025,…
Releaf, an agricultural technology startup with expertise in food production and processing in Africa has sealed a partnership with the International Institute of Tropical Agriculture (IITA) to improve growth and sustainability in oil palm production in Nigeria and across Africa. According to a statement signed by Ikenna Nzewi, CEO and co-founder of Releaf, the partnership will enable the startup and the award-winning research-for-development organisation to explore ways to increase oil palm yields, deploy the best intercropping mechanisms, and work with fabrication and mechanisation experts to foster further innovation and development in Nigeria’s smallholder-driven oil palm sector. “IITA has a long…
