Author: ITPulse

The Chief Transformation Officer of MTN Nigeria, Bayo Adekanmbi; techpreneur and Chief Executive Officer at Lucy.ng, Jumoke Lawoyin and Chief Semantic Architect and Knowledge Engineer at Cymantiks Nigeria, Emeka Okoye will serve as judges at this year’s edition of Children’s Day Essay Competition, organized by SystemSpecs, a financial and human capital technology firm.  Deremi Atanda, an Executive Director at SystemSpecs, who disclosed this in a statement in Lagos, also said Wale Fatade, accomplished journalist and country commissioning editor at The Conversation and Chukwuemeka Fred Agbata Jnr., technology entrepreneur/business coach are part of the judges. Other judges appointed to the evaluation…

The last decade witnessed tremendous changes in the nation’s banking landscape. The number of bank customers has grown, agency banking has gained a foothold and cheques have given way to transfers, particularly through SMS banking and mobile apps. Debit cards, however, remained a constant feature during this period. Debit cards are financial instruments issued by commercial banks to their customers to enable seamless transactions outside the banking halls. Debit cards have proven reliable in banking and other financial transactions. It is today acknowledged as a viable tool in the quest to drive financial inclusion in Nigeria. Financial inclusion refers to…

Nigeria has fared fairly well with the COVID-19 pandemic, especially when compared with its counterparts in other parts of the world and against the backdrop of some worrisome predictions which pegged the country’s shabby public health care system as a potential source of concern. India, for instance, is battling a terrible resurgence of the pandemic while the UK and others are only just lifting some severe restrictions. Till date, Nigeria has recorded a little over 2,000 deaths, which for a country of an estimated 180 million people, represents a very good figure. For many, divine providence is one of the…

Quickteller has announced that 10 of its highest transacting customers will receive amazing gifts such as iPhone 12, Play Station 5, and Samsung A21, in the grand finale of its ‘Transact and Win’ promo. The Group Chief Marketing & Communications Officer at Interswitch Group, Cherry Eromosele, who made the announcement, commended customers of the payment platform for their unwavering trust and loyalty in the product and assured users of its continuing commitment to its qualitative service delivery. “Beyond the rewards, it was important for customers to enjoy making payments because Quickteller is constantly upgrading its platform to make payment one…

Sophos, a global leader in next-generation cybersecurity has recommended six best practices to be followed vigorously in order to defend against ransomware and related cyberattacks in 2021. The recommendation came following ‘The State of Ramsomeware 2021’ global survey, which shows that the average total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021. Here are the six best practices: Assume you will be hit. Ransomware remains highly prevalent. No sector, country or organization size is immune from the risk. It’s better to be prepared, but…

Findings from the global survey ‘The State of Ramsomeware 2021’, which was carried out by Sophos, a global leader in next-generation cybersecurity, indicate that 22 percent of respondents from Nigeria who were sampled had experienced a ransomware attack in the last 12 months, compared to 53 percent in 2020. Also, 39 percent of respondents from Nigeria that weren’t hit by ransomware in the last 12 months but expect to be hit in the future, believe that ransomware attacks are getting increasingly hard to stop due to their sophistication, 26 percent of respondents from Nigeria that weren’t hit by ransomware in the last…

The emergence of the ravaging Covid-19 pandemic has accelerated the growth of digital offerings as the financial technology apps indicate 61percent year-on-year usage. According to deVere Group, one of the world’s largest independent financial advisory and fintech organisations, financial technology apps show further evidence that the way we manage our finances further shifted in light of the coronavirus pandemic. “Pre-coronavirus, we were already in an exciting new era driven by the lightning pace of the digitalisation of our everyday lives. But like so many areas of our lives, the pandemic has accelerated this trend,” said James Green, deVere Group’s Divisional…

A small group of self-funded African immigrant communities from Liberia and Sierra Leone who reside in Minnesota, has developed an app, which is meant to compete favourably with both Facebook and Instagram, especially in Africa. Tagged MY, the social media platform is set to be launched next month, and will give users, especially from developing economies opportunity to tell their story their own way and ultimately, own the platform. “Having developed the app over a period of two years, with a series of tests; we are now confident that the app is ready to be released to the world,” announced…

In its efforts to delight customers with innovative products and services, Smile Nigeria has decided to introduce the trio of 15GB, 35GB, and 70GB data plans, all of which have 365 days of validity. The 15GB comes at an attractive price of N9,000; 35GB is on sale for N19,000, while 70GB is only N32,000. The uniqueness of these latest data plan additions to the 365 product range by Smile is in its long-lasting (full-year) validity period. The validity period for most data plans in Nigeria ranges from one month to three months. At best, it may extend to six months,…

As consumers worldwide started avoiding cash in fear of the ravaging Covid-19 pandemic, the global contactless payment market will hit $1.6 trillion in value by 2024, data presented by Buyshare has revealed. Also, the data revealed that before the end of 2021, contactless payments hit a $665bn transaction value, with China and the Far East generating $850B Worth of Contactless Transactions. Contactless payments are a quick, secure, and easy way to purchase products or services by simply holding a card or smartphone up to a payment reader for the transaction to proceed. These tap-and-go payments became especially appealing to consumers…