Author: ITPulse

By Martin Ekpeke A Professor in Governance of Corporate Sustainability and Circular Economy, Utrecht University in the Netherlands, Dr. Walter J.V. Vermeulen has argued that Nigeria presently lacks what he described as a proper electronic waste management infrastructure. The Professor, who responded to ITPulse’s questions after a press conference on Circular Economy, organized virtually by REVOLVE Circular, an Austria based non-profit organization, also described e-Waste in Nigeria as problematic. “Though there are some isolated initiatives for repairing and recycling e-Waste in Nigeria, the country lacks proper e-Waste management infrastructure,” Dr. Walter said in an email response to ITPulse.  He stressed…

The Nigerian Communications Commission (NCC) has released guidelines that would allow foreigners living in Nigeria to obtain the National Identity Number (NIN), which is now required to get a SIM card and other services in the country. The guidelines, according to the telecom regulatory authority are all legally resident foreigners in Nigeria are to obtain a NIN by submitting valid resident/work permits at any NIMC enrollment centre. Foreigners on tourist or visiting visas are to tender their international passports to acquire SIM cards for use during their stay in Nigeria. If a visiting foreigner or tourist’s immigration status changes to…

One of Nigeria’s biggest financial institutions will tomorrow Friday 16 April 2021 host a webinar to sensitise individuals and businesses on online safety and useful information on being protected in today’s digital age. Participants are urged to register for the virtual event with the topic “Staying Protected Amidst the Pandemic Chaos”via this link https://firstbanknigeria.zoom.us/webinar/register/WN_PUnqA7enTMG8o0OfOaWxlg  “The world as a global village is associated with not just benefits but also risks of cyberattack and for individuals, businesses and governments to make the best out of the digital and online opportunities, they need to be deliberate in protecting themselves against cybersecurity threats,” said Dr.…

Bus hailing technology platform, PlentyWaka has announced a 5 percent discount on any bus ticket purchase on a City-to-City service from the Plentywaka mobile App. Announcing this via an eNews letter, the company argued that the 5 percent discount is one of the best travel deals anyone would find online, encouraging Nigerians not to miss the opportunity. “Don’t sleep on it. Enjoy 5% off all bus travel tickets, using the Plentywaka mobile app for a City-to-City service,” it announced. The company is also offering N1500 in the Wakapurse for FREE. To scoop this N1500 for yourself, refer your friends through…

The need for digital transformation has never been clearer as companies of all sizes now face an immediate challenge of employees working remotely. The Year 2020 has changed the way we work, we had no other options but to move from offline to online. It can be hard to find great IT products that allow you to have a smooth and seamless shift, and to safely: store, share, and collaborate on files from anywhere. Furthermore, we commonly see many SMBs having a hard time deciding between SaaS and on-premise solutions such as traditional File Server and Network Attached Storage (NAS).…

New data presented by Atlas VPN team has revealed that all over the world, the government and the banking sector received 50 percent of ransomware attacks in 2020 among the top 10 most-targeted sectors. The data disclosed that while the government sector faced 31,906 ransomware attacks, the banking sector suffered 22,082 attacks. Other industries in the top five include manufacturing (17,071), healthcare (15,701), and finance (4,917). Also, WannaCry was responsible for 220,166 or nearly 87% of all last year’s top ransomware families’ attacks. Locky, ransomware came in second, with 15,816 attacks in 2020. Other ransomware families in the top five…

Nigel Green, the Chief Executive Officer and Founder of deVere Group, an independent financial advisory and fintech organisations has warned Bitcoin investors to brace up for more of government scrutiny. The warning is coming as governments around the world are skeptical of cryptocurrencies, even as Coinbase, the biggest cryptocurrency platform in the U.S., prepares for its public debut. “Governments, central banks and regulators will be keen to protect the current status quo. We should expect considerably higher levels of regulation in the crypto market.  Indeed, I believe it is inevitable. However, Bitcoin investors shouldn’t be put off by the likelihood…

The Finnish firm, Finnfund has announced a USD26 million commitment to African Development Partners III (ADP III), to foster the growth and development of African consumer-focused businesses across the continent. The investment, which provides companies with growth capital and know-how aiming to contribute to job creation, climate change mitigation, and gender balance, will push ADP III to support established and growing consumer-focused businesses to improve their processes and expand regionally across Africa. “We are very pleased to announce our commitment to ADP III, as it fits well to Finnfund’s strategy as a development financier and impact investor. Through this investment,…

Amid the ravaging global Covid-19 pandemic that led to a significant drop in the number of venture capital deals and brought uncertainty for many companies operating in this market, investment into Fintech companies hit $105.3billion in 2020, almost a 40 percent plunge amid pandemic. According to available data, this is almost a $63billin  drop from $168billion in 2019, which was said to be the record year for fintech investments. Investments into Fintech from 2010 according to KPMG’s 2020 Pulse of Fintech report show that in 2010, fintechs raised $9billion in funding.  In 2015, this figure grew more than seven times…

Lagos-based EdTech start-up, ScholarX Technologies Limited has partnered Airtel Nigeria in her quest to connect millions of unconnected people in Africa to the Internet and help them get trained invaluable skills for the new Digital Economy. This partnership is coming as ScholarX received major support from the GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion while leveraging on the expansive retail and digital footprints of Airtel Nigeria to deliver its skill acquisition content. Also, with the partnership with Airtel and funding from GSMA, ScholarX will launch LearnAM, a new mobile learning platform that provides skills training content to…