The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has assured that Nigeria is not lacking in key policy and regulatory frameworks and instruments that will power the 4th Industrial Revolution. The NCC Boss gave the assurance today in a keynote address he delivered at the Virtual 3rd Discourse Series of the Advocaat Law Practice with the theme: “Powering the Fourth Industrial Revolution in Nigeria”. “Nigeria is not lacking in key Policy and Regulatory frameworks and instruments which will enable us to play a leading role in powering the 4th Industrial Revolution,” the Former University lecturer who was represented…
Author: ITPulse
Revenue generated by Youtube from advertising hits $6.01 billion in the first quarter of 2021, representing a percentage difference of 17.4% to Netflix’s $7.16 billion. This is a slight decrease from its Q4 2020 revenue, which stood at $6.88 billion, surpassing Netflix’s $6.64 billion revenue for the quarter. “Between Q1 2019 and Q1 2020, YouTube advertising returns have fluctuated, with the lowest recorded in the first quarter of 2019 at $3.03 billion. Overall between the same period, the ad revenue has grown 98.34%. Elsewhere, Netflix revenue has been on an upward trajectory growing 58.4%,” data presented by Finbold has indicated.…
As organisations in Africa are facing unprecedented cyber threats such as fraud, phishing, breaches and hacking, an ESG report ‘The Life and Times of Cybersecurity Professionals 2020′ has noted that cybersecurity skills shortage is worsening on the continent. The report believes that every front is vulnerable, every corner at risk and the skills required to support organisations in the battle are rare, expensive and hard to find. According to Anna Collard, SVP of Content Strategy and Evangelist at KnowBe4 Africa, this is not the time to behave like an ostrich or spend more money on that skilled and expensive individual,…
Integrated Customer Experience Management solution for businesses in Africa, Ajua has announced the acquisition of Kenya-based WayaWaya for an undisclosed fee. The acquisition of WayaWaya, an Artificial Intelligence [AI] and Machine Learning [ML] known for its innovative Janja platform will allow Ajua to strengthen its borderless banking and payments solution across apps and social media platforms in the continent. Meanwhile, WayaWaya founder and lead Janja product builder, Teddy Ogallo has joined Ajua as VP of Product APIs and Integrations. According to Ajua Founder and CEO, Kenfield Griffith, the acquisition of WayaWaya is an important milestone for Ajua as the company…
Mr. Segun Ogunsanya, Managing Director and CEO Nigeria, will succeed Raghunath “Raghu” Mandava, as Managing Director and Chief Executive Officer Airtel Africa Plc with effect from 1 October 2021. This follows Raghu Mandava’s informing the Board of his intention to retire. “We are delighted to appoint Segun Ogunsanya as the Group’s next Chief Executive Officer. He has displayed significant drive and energy in turning around the Nigeria business by focusing on network modernization, distribution, and operational efficiency. It is this commitment, together with his industry experience, strategic vision, constant customer focus and proven record of delivery that will enable him…
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…
