Author: ITPulse

The Institute of Information Management (IIM) Africa has called for cautious efforts to infuse the culture of effective data and information management into the public and private sectors in Nigeria as a means to drive the digital economy. Thus, the Institute said there is an urgent need for government at all levels to initiate policies and measures to ensure proper management of information and data in the country. The President/Chairman Governing Council of IIM-Africa, Dr. Oyedokun Oyewole, made these remarks during a press conference to announce plans for the Institute’s annual conference, induction and investiture scheduled to hold on March…

There are strong indications that the prices of IP addresses may increase by 100 percent in the next five years, owing largely to the depletion of IPV4 resources, Heficed, an IP marketplace service provider has predicted. Heficed believes that this increase in price will turn the remaining IPv4 resources into a tradable commodity and creating a newfound demand for IP leasing services. Recall that IPv6 is not yet market-ready, which increases the price of a single address by 35 percent, reaching prices up to $20-25 per IP. “Since the IPv4 market is scarcity-driven, it poses a real challenge for businesses…

The Nigerian Communications Commission (NCC) has described the ‘2019 Outstanding Regulator of the Year Award’ as a testament to the untiring efforts of the Commission in creating an enabling environment for all telecom stakeholders. The Director of Public Affairs at NCC, Dr. Henry Nkemadu, who received the award on behalf of NCC’s Executive Vice Chairman, Prof. Umar Danbatta, also noted that the award is a call for the Commission to do more for the consumers. NCC had emerged the best public sector regulatory organisation as it receives the ‘2019 Outstanding Regulator of the Year Award’ at this year’s edition of…

The First Vice President of the Association of Telecommunications Companies of Nigeria (ATCON) Mr. Ikechukwu Nnamani, has commended the Minister of Communications and Digital Economy, Dr. Isa Pantami, for midwifing the delivery of a new National Broadband Plan. Nnamani spoke against the backdrop of the national broadband report submitted recently. The ATCON VP, in a statement, noted that the Minister had demonstrated a strong commitment to deepening broadband penetration, which is a potent tool for economic transformation. He said the broadband drives of the minister will, no doubt, lift the country’s economy. Nnamani also commended the committee led by Ms.…

I travel to meet Dr Adesola Adeduntan in Edinburgh, where he has been invited to give a keynote address at the Edinburgh School of Business about the role of financial institutions in driving financial inclusion.Fittingly, as you land in Edinburgh, you are greeted by billboards from different investment funds advertising their credentials in responsible and sustainable investment and how environmental, social and governance (ESG) considerations underpin their activities.  With economists and politicians questioning capitalism and the Western liberal model, today the emphasis is very much on a stakeholder-based approach, whereby growth and prosperity is more equally attributed and takes into…

The Nigerian Communications Commission (NCC) last week told Nigerians that it has completely deactivated all unregistered SIM cards from the network of all mobile operators, contrary to reports by a section of the media, suggesting that nothing has been done with respect to the issue of improperly-registered SIM cards. “By our records, all improperly-registered Subscriber Identification Module (SIM) cards across Mobile Network Operators (MNOs) in Nigeria have been completely deactivated,” the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said in Abuja. According to Danbatta, the complete deactivation of the improperly-registered SIM Cards…

The Industry Consumer Advisory Forum (ICAF) has called on the National Assembly to speedily pass the Critical National Infrastructure (CNI) Bill into law as the survival of the survival and substainability of the Nigerian telecom industry depends on the Bill. This call formed part of te resolutions reached at their first quarter 2020 meeting held in Abuja last week. According to ICAF, the passage of the bill will support the Nigerian Communications Commission (NCC) to collectively contribute towards improving the Quality of Service (QoS) delivery. “If we all agree that telecoms is central to our socio-economic development, then the NCC’s…

In a bid to have a substainable quality of service in the Nigerian telecom industry, the Industry Consumer Advisory Forum (ICAF) has urged stakeholders in the industry to collaborate with the Nigerian Communications Commission (NCC) and  Mobile Network Operators (MNOs). This collaboration, the Forum believes will collectively contribute towards improving the Quality of Service (QoS) delivery by MNOs in the country at the federal, state and local levels. Making a presentation at its first quarter 2020 meeting held in Abuja last week, ICAF noted that the challenge of poor QoS in the telecom industry is an issue that requires collaborative…

The Management of Signal Alliance, one of Nigeria’s leading technology integration and transformation company has disclosed plans for this year’s Customer Week, which will start on Monday, March 9 till Friday, March 13, 2020. In a statement issued by the Executive Vice-Chairman, Collins Onuegbu, the company said it has sealed a partnership with p BusinessDay Media, HBSAN, ISPON and FinTech 1000+ to bring together 20 Nigerian Technology Thinkers & Influencers to a roundtable conversation. The roundtable, according to the statement will seek to review the past 20 years of tech in Nigeria and make forecasts for now and the next…

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has declared a profit after tax of N75 billion in its full-year audited group results for 2019. This represents an increase over its year-end 2018 profit after tax, which was N74.4 billion. Profit before tax for the year ended December 31, 2019, was N90.9 billion, representing a 3 percent increase over 2018 figures which stood at N88.2 billion. The company’s Non-interest revenue also grew by 6 percent to N108.8 billion in 2019, from N102.6 billion which it recorded in 2018. Stanbic IBTC Holdings PLC also reported growth in its Total…