Author: ITPulse

The suspension of the 2018 spectrum trading guidelines by the Nigerian Communications Commission (NCC) is as a result of President Muhammadu Buhari’s request that these Guidelines be reviewed to ensure that unutilized Spectrum is fairly traded and to facilitate rollout by other operators amongst others. The President made during the launch of the Nigerian National Broadband Plan (NNBP) 2020 – 2025, noting that it will address the need for ubiquitous broadband deployment to accelerate penetration and access in line with the economic Agenda of the Federal Government. Nigerian telecom regulator, the NCC had earlier today announced the suspension of Spectrum…

By Peter Oluka Lately, I have been seeing some KG Express “KGExpress.ng” bikes in parts of Lagos. In fact, my observation is that they have been conducting pilot operations since the COVID-19 lockdown. While I was hunting for news relating to the COVID-19, I saw some of their riders along Allen, Ikeja GRA, Mushin and Victoria Island showing that they cover the whole of Lagos already! It is not like they are the only new pick-up and delivery startups I noticed on the road, but there is something different about their mode of operations. Just click on the website before…

A new report by data and analytics company, GlobalData has revealed that globally, the technology industry deals $34.4bn in April 2020, an increase of 33.8 percent over the previous month and a drop of 21.2 percent when compared with the last 12-month average of $43.65bn. In terms of the number of deals, the sector saw a drop of 11.8 percent over the last 12-month average with 1308 deals against the average of 1483 deals. The top five technology industry deals of April 2020 tracked by GlobalData are General Atlantic Singapore Fund, Jinbo Yao, Ocean Link and Warburg Pincus Asia’s $13.99bn…

Despite the restart of supply chains, a report by GlobalData says the Covid-19 pandemic will adversely affect the telecom sector for a long time, causing a supply and output slump, especially for popular smartphone brands. According to the data and analytics company, consumer spending in the telecom sector will remain inhibited and cause delivery backlogs for popular smartphones even as supply chains restart. “In the short term, the financial impact and ripple effect of lockdowns will mute consumer demand for expensive flagship phones and stretch upgrade cycles. Carriers and original equipment manufacturers (OEMs) will have to take strong measures to…

CWG Plc, the Pan-African Information and Communications Technology Company and Nigeria’s largest system integration company has released its audited full-year financial statement for the period ended December 2019. The results showed positive improvements from the 2018 audited financial statements, as it increased its gross revenue by 23.4 percent to N9.6 Billion in FY 2019 from N7.8billion in 2018. However, Net Assets grew by 67.4 percent to N192million from N115million in the previous year. The growth in revenue and profit was achieved with a reduced OPEX of 23 percent over the 2018 financial year. CWG Plc closed 2019 with a positive EBITDA…

The United Nations Development Programme (UNDP) has called for Nominations to select Growth Stage Impact Ventures (GSIV) for SDGs, aimed at identifying 12 entrepreneurs from developing countries to pitch at our SDG Finance Geneva  Summit (SGSGeneva) during the first quarter of 2021. UNDP had launched the Growth Stage Impact Ventures (GSIV) for SDGs along with EPFL Tech4Impact, Orange and SAP to identify innovative entrepreneurs who have developed at scale products and services for the Sustainable Development Goals (SDGs) while achieving commercial success. “We’re looking for entrepreneurs who have closed their Series A or have reached break-even through organic growth. The…

This feature story discusses the simplicity and confidentiality of the new test kit for the Human Immunodeficiency Virus. It is written by Raheemah Arogundade.  The numbers The Human Immunodeficiency Virus is one of the widespread diseases that have resulted in high mortality rate in the world. Since discovery in 1983, about 75m people have been infected globally, with about 32m deaths, according to the World Health Organisation reports. As at the end of 2018, 21 percent of the world’s population did not know their status and about 37.9m people were recorded to be living with HIV globally. Of these, 36.2m…

The management of Galaxy Backbone Limited has explained the technology used in the virtual Federal Executive Council (FEC) meetings in the last three weeks, occasioned by the ravaging Coronavirus pandemic. While disputing some media reports that the virtual meetings have been held on a platform running a deprecated operating system, thereby presenting potential security issues, the Federal Government-owned last mile infrastructure connectivity company, disclosed that the computers that support the network monitoring system used in the virtual meetings are about 10 in number and all enjoy extended Windows 7 Security Updates until 2023. “As an organization with the ISO 20000…

As part of the efforts to democratize and encourage both young people and job seekers to embrace life-long learning and tee of their career pathway in Data Science & Artificial Intelligence, Coven Works Inc has launched into the market its AI school online learning academy which aims at onboarding 200,000 young people/ job seekers from all of the worlds within the first 6 months of its go live into the market. As an organization hinged on a Japanese business philosophy of continuous improvement, one key element is the ability to create solutions that give an exponential effect on outcomes. Concerning…

The Managing Director of Zido Logistics, Samuel Ajiboyede has said that with the right operational model, logistics business will remain profitable despite the global lockdown occasioned by the coronavirus pandemic. Speaking on the prospects and challenges for the logistics sector during the pandemic, Ajiboyede noted that logistics companies must understand new realities and adapt to changes to remain profitable. Ajiboyede stated that his company has continued to record great milestones and patronage during the over four month’s global lockdown from transporters and customers because of its unique business model. According to him, Zido Logistics key advantage lies in the fact…