By Martin Ekpeke A significant shift is underway in how Nigerians conduct their USSD banking transactions. The End User Billing (EUB) policy, a consensus reached between the banking and telecommunications sectors and their respective regulators (the Central Bank of Nigeria and the Nigerian Communications Commission), is set to transform the customer experience by introducing greater transparency and control over transaction charges. The EUB model aims to address long-standing challenges in the seamless provision of USSD services and resolve disputes over service debts between banks and Mobile Network Operators (MNOs). Both the CBN and NCC have officially approved this crucial change.…
Author: ITPulse
TFS Cargo Bicycles, a venture from Benin City, Nigeria, is one of eight innovative social enterprises from across Africa selected to participate in the 2025 ASME Innovation Showcase (ISHOW) Africa. This prestigious international accelerator, hosted by the American Society of Mechanical Engineers (ASME), champions hardware-led social innovations addressing critical challenges in agriculture, energy, healthcare, and transportation. The virtual program for the 2025 ASME ISHOW Africa began on Tuesday, June 10. The eight ventures will pitch their groundbreaking solutions and undergo a comprehensive design and engineering review with industry experts. These participants are competing for three coveted spots in the 2025…
By Martin Ekpeke The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) has unveiled its core priorities for advancing and promoting blockchain innovations across Nigeria, placing paramount importance on the protection of consumers, investors, and operators within the burgeoning space. During a recent panel session themed ‘Unlocking Potential: Driving Financial Inclusion and Real-World Applications of Digital Assets,’ at the Crypto & DeFi Forum in Lagos, Mr. Obinna Iwuno, President of the self-regulatory blockchain association, emphasized that these three groups form the indispensable pillars of the industry. He further articulated that their collaborative synergy is essential for delivering valuable products and…
In a significant move to bridge Nigeria’s persistent digital divide, the Nigerian Communications Commission (NCC) has partnered with the Association for Progressive Communications (APC) and other key organizations. Their collaborative efforts culminated in a two-day workshop held in Abuja from June 3-4, 2025, focused on developing policy frameworks to enable community networks and accelerate socio-economic development in the nation’s underserved and unserved rural areas. The forum brought together a diverse group of participants, including regulators, community leaders, technical experts, and potential foreign investors. Their shared goal was to identify and address critical challenges such as policy and regulatory barriers, funding…
Coscharis Technologies Limited, a powerhouse in Nigeria’s tech ecosystem has unveiled a significant partnership with Hikvision, one of the world’s leading providers of intelligent video surveillance and AI-powered solutions. This alliance is geared toward expanding access to cutting-edge security technologies across Sub-Saharan Africa. According to Dr. Sunday Mukoro, Managing Director of Coscharis Technologies, this collaboration aligns with the company’s mission to remain at the forefront of innovation. “Partnering with Hikvision gives us the opportunity to deliver even more tailored, high-performance IT and security solutions to our clients,” Mukoro said. He noted that both companies share a commitment to excellence and…
By Martin Ekpeke A Federal High Court in Lagos has handed down one-year prison sentences to nine Chinese nationals after they pleaded guilty to charges of cryptocurrency fraud and cyber terrorism. The conviction, delivered yesterday marks a significant victory for Nigeria’s fight against cybercrime and financial fraud. The nine individuals – Li Dong, Deng Wei Qiang, Huang Bo, Xiong Zhen, Lai Rui Feng, Zhao Xiao Hui, Lui Hai Rong, Lui Gang, and Du Ji Feng – were among 792 suspects apprehended by the Economic and Financial Crimes Commission (EFCC) in December 2024. This massive operation, dubbed “Eagle Flush,” was the…
Nigeria’s burgeoning technology sector is set for a significant boost on the global stage as Zinox Technologies, a leading integrated tech solutions company, prepares to represent the nation at VivaTech Paris 2025. This invitation, extended in collaboration with Nigeria’s Federal Ministry of Communications and Digital Economy, is a powerful endorsement of Zinox’s two-decade track record in delivering crucial digital infrastructure and innovative enterprise solutions across Nigeria and other African countries. The four-day event, scheduled from June 11–14, 2025, is a premier global gathering that attracts a diverse array of startups, established corporations, investors, and tech luminaries. Zinox’s presence, complete with…
…. Science Dialogue to explore how QNET’s wellness innovations harness EMFs, infrared light, and structured water to support natural healing and well-being. QNET, a global leader in wellness and lifestyle direct selling, is set to convene a pioneering Science Dialogue at Covenant University, one of Nigeria’s top universities, located at Ota, Ogun State. The event is themed “Demystifying the Science Around QNET Products” and will showcase groundbreaking research led by Professor Abiodun Humphrey Adebayo – Director of Research, Innovation & Discovery at Covenant University, Fellow of the Nigerian Academy of Science, and a distinguished member of the QNET Scientific Advisory…
For years, USSD (Unstructured Supplementary Service Data) banking in Nigeria has been a lifeline for millions of Nigerians. It was simple, fast, and accessible even on the most basic mobile phones. From transferring money to paying bills, and checking balances to buying airtime, USSD provided seamless access to banking without the need for internet access. But now, a terse, polite message from banks may have sounded the death knell of the service. In what feels like a final move in a long-standing tussle between telecom service providers and banks, the new directive from the Nigerian Communications Commission (NCC) mandates that…
By Chimezie Orisakwe The path of entrepreneurship, particularly within the dynamic and often unpredictable terrain of Nigeria, is not for the faint-hearted. It demands a unique blend of attributes to navigate the complexities and seize the latent opportunities. During a recent mentoring session in Ikoyi, Lagos, organised by some young business leaders, Leo Stan Ekeh, Africa’s most decorated tech entrepreneur, articulated a compelling and insightful perspective: to truly flourish as an entrepreneur in Nigeria, one must cultivate a composite strength, drawing inspiration from the distinct yet powerful qualities embodied by prominent national figures – Bola Ahmed Tinubu, Atiku Abubakar, and…
