Author: ITPulse

Treepz, shared mobility company has acquired similar Ugandan bus company Ugabus in an ambitous move to expand its operations into the eastern region of the African continent. Apart from strengthening its presense across Africa with this move, the company has also closed seed round at $2.8 million deals from investors like Japanese VC, Uncovered Fund along with Dubai based venture capitalists including Blanford Capital and Jonomi Capital. Also, Egypt-based fund, Jedar Capital participated in the round with follow-on investments from previous investors. According to the company, the acquisition of Ugabus is a bid to digitize the public transportation system and…

In its efforts to ensure the safety of the Nigerian cyberspace, a front-line Cybersecurity and Consultancy firm in Africa, Digital Encode Limited, has decided to reward winners of this year’s Cyberchain Hackathon programme. At the Cyberchain conference held in Lagos over the weekend, Digital Encode doled out N500,000.00 to reward Team NOHATS which took the first prize; Team LYTES (first runner-up) received N300,000.00 and Team KURUPT68 (second runner-up) took home N200,000. The third and fourth runner-ups – C7ROW and SECACE received consolation prizes too. Speaking shortly after the prize presentation ceremony, Dr. Peter Obadare, Co-Founder/CVO, Digital Encode Limited, said that the teams’…

Going by the successful E-government implementation in Nigeria, which was developed and implemented with the assistance of the Korean International Cooperation Agency (KOICA), the Cameroonian Ministry of Public Service &Administration Reforms has decided to replicate the same e=Government structure in Cameroon. This was disclosed when a Cameroonian delegation visited Nigeria recently to tour the level of infrastructure invested in achieving the heights Nigeria has recorded so far. The Managing Director/CEO at GBB, Prof. Mohammad Bello Abubakar, who received the delegates led by the Country’s Inspector General for the Cameroonian Ministry of Public Service & Administrative Reforms, Ms. Tabod Jacqueline Mejand…

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…