Author: ITPulse

LG Electronics (LG) had last week showcased its wide range of Heating, Ventilation and Air Conditioning systems during the Elan Expo Exhibition at the Landmark Event Centre, Victoria Island, Lagos. From Residential Air Conditioners to a full lineup of Commercial Air Conditioners products, LG can transform any space into awe-inspiring, fully functional technological environments and deliver innovative business solutions tailored to customers’ needs. The centerpiece of LG’s Commercial HVAC solutions at this year’s exhibition is a major enhancement to its flagship Multi V 5 air-source VRF system featuring Air Handling Unit. This has been designed to bring together leading brands…

Inlaks Group has today announced Mr. Kyari Bukar, an experienced business leader in information technology, financial services and business analytics as the new Managing Director/Chief Executive Officer, Africa Operations for the company. Making the announcement in a statement, Inlaks said Mr. Bukar will succeed Femi Adeoti who has served as the CEO, Africa Operations for over nine years. Kyari has over 30 years of senior management experience in the Technology and Financial Services (Payment and Capital Market) in USA, Nigeria and Africa, and most recently was the Co-Founder and Managing Partner of Trans-Sahara Investment Corporation. A product of Ahmadu Bello…

Beiersdorf Nivea Nigeria, a leading manufacturer of personal care products, has implemented Infobip’s WhatsApp Application Programme Interface (API) for Business and Moments solution to help with faster and seamless customer engagement. Client background Beiersdorf Nivea Nigeria is a division of Beiersdorf Nigeria, a subsidiary of German multinational company Beiersdorf. The group is one of the world’s leading manufacturers and retailers of personal care products. Its brands include Elastoplast, Eucerin, Labello, La Prairie, Nivea, Tesa and Coppertone. Beiersdorf Nivea Nigeria is headquartered in Lagos and is a manufacturer, distributor and exporter of Nivea, one of the largest skincare brands in the…

Having been affected by the COVID-19, with global revenues slipping by $4bn in two years, the year 2022 is set to witness a significant recovery for the global computer graphics hardware market, which is expected to hit a $138billion  value in 2022, a $7billion increase in a year. According to data presented by BuyShares.co.uk, the surge in the use of mobile phones, the explosive growth of the gaming industry, and the evolving web technology have all been major factors driving the computer graphics hardware market. Computer graphics are a core technology in video games, digital photography, special effects in movies,…

A recent Kaspersky study has shown that 24 percent of small and medium enterprises (SMEs) in Nigeria developed new products as a way to respond to the uniquely challenging situation, occasioned by the Covid-19 pandemic since March last year. The report revealed that the lockdowns shook the financial well-being of the majority of local SMEs (79%), as they had to take many cost-saving measures. In light of this, launching new offerings or business opportunities, as well as other measures taken, was an effort to survive. “Although some decisions were hard, they were necessary. Now, it is good to know that…

9PSB, Nigeria’s payment service bank has sealed a partnership deal with a payments technology company, Flutterwave to help strengthen seamless financial services and ultimately, facilitate financial inclusion for Nigerians. Disclosing this in a joint statement yesterday, both companies stated that the partnership seeks to create a seamless payment ecosystem by aggregating and simplifying transactions for banking agents, merchants and consumers. Accordingly, the partnership will support the drive for economic growth through empowerment of the SME sector, entrepreneurs in FinTech and other industries, as well as contribute to the transformation of the informal sector to formal. Commenting, the Chief Executive Officer,…

A new Consumer and Market Insight report by Swedish multinational networking and telecommunications company, Ericsson has revealed that nearly half of all consumers in Sub-Saharan Africa use mobile financial services in 2021, indicating a more-than-three-fold increase in the last six years. Tagged Mobile Financial Services on the Rise report, it attributed Covid-19 pandemic to the rise of mobile financial services uptake, with 54 percent of consumers saying that they use mobile financial services transactions more now. “About 70 percent are more positive towards mobile financial services as a preferred contactless alternate to cash. They also believe that faster transactions would…

Respay, an online multi-role property management and payment solution owned and driven by Nigerians has been launched to ultimately rejig the Nigerian real-estate space for property owners, portfolio managers, tenants, estate and facility managers. The platform, which was officially launched at the Civic Center yesterday attracted stakeholders from the real-estate sector, including lawyers and property agents. Speaking at the launch, the Chief Executive Officer of Respay, Mr. Adedotun Fasiku, noted that the essence of the platform is to revolutioninse property business in Nigeria so that property owners can run their properties remotely from anywhere in the world. He said the…

Olatomiwa Williams, the Country Manager for Microsoft Nigeria, has been announced as Keynote Speaker for Africa Tech Alliance Forum 2021 (#AfriTECH2021). She was appointed by Microsoft recently to lead the company’s efforts to accelerate Nigeria’s Digital transformation and cloud adoption across all Microsoft customer segments. The hybrid event (both online and physical) will take place on Wednesday, October 13, 2021, at Oriental Hote, Lekki Lagos by 10:00 am with the audience cutting across C-Suite Executives, Founders, Presidents of Companies/Organisations, Presidents of Industry Associations, Startups/Entrepreneurs and Government officials, etc. In a statement issued signed by Peter Oluka, the Editor of TechEconomy.ng;…

The Nigerian Senate, yesterday passed a bill seeking to establish the Nationwide Emergency Communications Service and subsequently approved 112 as the toll-free number for emergencies. The passage of the Nationwide Toll-Free Emergency Number (Establishment) Bill, 2021, followed the consideration of a report by the Committee on Communications, which was presented by Senator Biodun Olujimi on behalf of the Chairman of the Committee, Senator Oluremi Tinubu. In her presentation, Olujimi explained that Clause 2 of the Bill seeks to establish the Nationwide Emergency Communications Service. According to the lawmaker, the agency when established, would be charged with the responsibility of deployment…