The 2020 financial report released by Chinese Original Equipment Manufacturer has shown a 3.8 percent increase in sales revenue, representing CNY891.4 billion from the previous year 2019. Though the report produced by KPMG indicates slow growth, owing to operational difficulties brought about by US sanctions in 2019 and 2020, the company also reported that its net profit reached CNY64.6 billion, up 3.2% year-on-year. “In 2020, Huawei’s carrier business continued to ensure the stable operations of more than 1,500 networks across more than 170 countries and regions, which helped support telework, online learning, and online shopping throughout COVID-19 lockdowns. Working together…
Author: ITPulse
By Elvis Eromosele Nigerians woke up on Friday, April 2, 2021, to discover they couldn’t recharge their MTN lines from their banks. It wasn’t another April fool’s prank. It was a real move by Nigerian banks to punish MTN for having the audacity to suggest reducing the margins on the commission for selling MTN credit to subscribers. One wonders about the sort of thinking that prompted the banks to cut off over 75 million MTN subscribers from recharging via the USSD platform. Did they consider the pain of the subscribers or impact on the economy? Or was it a case…
The management of the Aminu Kano Teaching Hospital, Kano (AKTH) is seeking the support of the Nigerian Communications Commission (NCC) in improving the digital capacity of its staff, which it says will ultimately transform its Health Information Management System (HIMS). The top Management Committee of the hospital seeks the support when it paid him a courtesy visit at the Kano Zonal Office of the Commission at the weekend. “The Commission has done a lot for us in the area of equipment for the hospital, which is helping us to deliver services optimally. Meanwhile, we are also seeking NCC’s support in…
The outbreak of coronavirus pandemic (COVID-19) has had a devastating impact that the world is still dealing with. Apart from the negative health implications, the COVID-19 pandemic has also crippled economies and businesses across the globe. Suffice to say that, the resultant effect of the pandemic has led to job losses, pay cuts, travel restrictions and consequently fall in foreign trade and general business activities. The businesses most hit are the Micro Small, and Medium Enterprises (MSMEs). A recent survey by the International Trade Centre (ITC) revealed that the pandemic has strongly affected nearly two-thirds of micro and small businesses…
The update by the Ministerial Task Force on the NIN-SIM data linkage shows that over 51 million people have been assigned the National Identity Number (NIN), even as the current number of monthly enrolments has increased significantly to about 2.6 million registrations. The update was given yesterday when the Minister of Communications and Digital Economy, Dr. Isa Pantami, chaired a meeting that was attended by key stakeholders, including the EVC/CEO of the Nigerian Communications Commission (NCC), DG/CEO of the National Identity Management Commission (NIMC), DG/CEO of the National Information Technology Development Agency (NITDA). The Chairman of the Economic and Financial…
The 2021 IT Assembly of the Computer Professionals (Registration Council of Nigeria (CPN), will hold next week Thursday in Abuja, the President/Chairman in Council, Prof. Charles Uwadia has announced. Announcing this in a virtual press conference today, the President said the annual Assembly, which is the 15th edition in the series will hold virtually and physically with each attendee observing strictly to all the government Covid-19 pandemic protocols. “Last year, due to the outbreak of COVID-19 pandemic, the year 2020 Information Technology Assembly/Annual General Meeting held online (virtual). While the pandemic has abated drastically, at least in this part of…
Leveraging on the 2021 CEO Outlook Pulse Survey, new data presented by Atlas VPN indicates that nearly one-fifth (18%) of CEOs see cybersecurity risks as the number one threat to their organizations’ growth over the next three years. This is especially as few events in the recent decades have impacted how people go about their daily lives or conduct business as much as Covid-19, which hit last year forcing many to shift to remote work or transfer their business online, bringing about a wave of challenges. According to the data, CEO concerns that made it to the top five include…
In a move tinted towards providing transparent and reliable data about Nigeria’s Tech sector and help reduce barriers faced by companies interested in doing business in Nigeria, the United Kingdom has decided to launch an Open-Source Business Intelligence Platform. This was done through UK-Nigeria Tech Hub, which was funded by the UK Government’s Africa Technology and Innovation Partnership (ATIP) programme. According to a statement, the Business Intelligence Platform aims at reducing the informational barriers to entry for companies, investors, and researchers interested in doing business in the country. “The launch of this open-source Business Intelligence Platform will enhance access to…
By 2025, sales of laptop computers would have hit $150 billion, while desktop PC sales revenues are set to drop to $54bn in this period, new data presented by Finaria.it has revealed. The data shows that the increase in the sales of laptops will be largely occasioned by remote working and distance learning amid an ongoing pandemic, which has continued to fuel global demand for PCs. The global laptop segment has witnessed a steady growth in revenue and shipments even before the pandemic, wherein 2019, the entire market hit $135.8bn value, while last year jumped by $4.6bn YoY to $140.3bn,…
With the recent increase in the number of people working from home, the demand for energy-efficient and powerful cool air conditioners has risen exponentially across Africa due to unbearable heat caused by the weather, especially during the dry season. One company that has been at the forefront of the next generation of innovative Residential Air Conditioning (RAC) is LG Electronics. With a vision to provide differentiated customer value, LG over the last 20 years, has pursued earth environment preservation, sustainable social advancement, and improved the quality of life of all its stakeholders. Based on customer needs, the electronics giants has…
