Author: ITPulse

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…

In commemoration of the 20th anniversary of the famed telecommunications revolution in Nigeria, the Chairman of Digivation Networks, Dr. Bayero Agabi has been recognized for his support towards the growth of the industry in the last twenty years. The award was presented to Dr. Bayero in Lagos yesterday at the Nigeria’s Telecommunications Revolution At 20 Summit Anniversary Lecture with the theme: ‘Telecommunications in Nigeria; The Revolution And The Next Frontier,’ which was organized by Compact Communications Limited and endorsed by the Nigerian Communications Commission (NCC). The Industry Support Awards, according to the organisers is being given to Dr, Bayero in…

The long-term sustainability strategy launched by Airtel Africa has nine goals, which it says will address the business’ material topics identified through an extensive consultation at the beginning of the year and enable the Group to continue delivering sustainable growth and uphold the best governance standards. Here are the nine goals and commitments Data security goal: Establish industry-leading data security for our customers through investments in technology and expertise, updated processes and consumer awareness – with focus areas around confidentiality, integrity and availability.  Service quality goal: Provide underserved communities with access to reliable networks and connectivity through the rollout of…

The President of the  Nigeria Internet Registration Association (NiRA), Mr Muhammed Rudman has called for an improved investment internally to boost the Nigeria’s economy, which is largely driven by the Information and Communications technology tools. While speaking at the 2021 Africa Tech Alliance Forum (AfriTECH2021) held in Lagos, Nigeria recently, Mr. Rudman, also noted that the .ng domain name is a platform for unique positioning of brands and products online. Rudman represented by Chukwuemeka Fred Agbata “CFA”, a director at NiRA, said that .ng domain name enables the connection of businesses to the entire world, making it possible for you…

The Chief Executive Officer of Medallion Data Centres Limited (formerly Medallion Communications Limited), Engr. Ikechukwu Nnamani has expressed his joy following the announcement by Digital Realty (NYSE: DLR) of its investment into the country through Medallion Data Centres Limited, saying that the investment is a major boost towards Nigeria’s quest for a fully digital economy in the near future. “The entrance of Digital Realty into Nigeria is truly significant as it ensures that the plan by the Federal Government of Nigeria to create a fully digital economy will be actualized,” he said in a statement today in Lagos following the announcement…

The West African Telecoms Regulators Assembly (WATRA), of which the Nigerian Communications Commission (NCC) is a member have resolved to develop technical and regulatory modalities aimed at combating electronic frauds and standardising regional roaming tariffs. WATRA made its position known at a two-day meeting it organized in Abu8ja in collaboration with the Economic Community of West Africa States (ECOWAS). According to the Chairman of WATRA, Prof. Umar Garba Danbatta, who is also the Executive Vice Chairman of NCC, the WATRA meeting underscored the centrality of the meeting by emphasising that, as businesses move online, the fraudsters are also going digital.…