Author: ITPulse

The Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi has reiterated that African countries must adopt a continent-wide approach to business and also focus on wealth creation to be relevant in the global value chain. According to Ayeyemi, for the African Continental Free Trade Agreement (AfCFTA) to become a reality, there must be commitment and readiness for trade facilitation by the individual nations. He noted that African governments must unequivocally commit to the agreement and their preparedness as individual nations with their implementation strategies, commitment to free movement-signing and ratification of the protocol on free movement of people and…

The Nigerian Communications Commission (NCC) has embarked on a cost-based study to set the new pricing regime for mobile international termination rate (ITR) for inbound international voice calls in the country. The study, which will be carried out by Messrs Payday Advance and Support Services Limited arises following the various implementation constraints arising from contending industry and market dynamics that met previous efforts at finding an optimum price for the termination of international voice services in Nigeria. Addressing stakeholders at a virtual engagement forum recently on the need to comply with the consultant, the Executive Vice Chairman of NCC, Prof.…

A United States of America based Venture Capital, Aptive Capital has announced a $30,000 equity-investment for selected three startups from African countries of Nigeria and Uganda. Apart from the early stage capital investment, the three statrups will also get continued support and network accees from the Aptive Capital , which is said to earmarked with a $1m portfolio fund committed to supporting entrepreneurs and innovators dedicated to social impact within their community Earlier in June 2020, the Africa-focused investment company opened up applications to invest $10,000 equity capital into eligible and high potential startups based in Africa, from its $1…

CWG Academy, the training and capacity building arm of CWG Plc, last week graduated its second set of online students since the outbreak of the COVID-19 pandemic. At the graduation ceremony conducted online, the Director of Academy, Mr. Emmanuel Effiong urged the students to be worthy ambassadors of the Academy, exhibiting every positive trait to success, which they have been taught in the last six weeks. “While it is a thing of joy that you are graduating from the CWG Academy, touted as one of the best in the country, there is need for you as graduating students to consistently…

Winners that will emerge from this year’s Facebook Developer Circles Community Challenge will take home up to US$133,000 in cash prizes. Apart from the cash prize, the developers and creators will also have their tutorials credited plus shared amongst millions of innovators across the Facebook ecosystem. The Facebook Developer Challenge is Developer Circles Community Challenge, a global network of local communities, designed to support developers as they build skills, grow ideas and boost their careers. In this year’s challenge, Facebook is inviting developers and creators to put their own innovative spin on technical education by creating tutorials that showcase the capabilities…

The Nigeria Information Technology Reporters Association (NITRA)’s Innovative Tech Forum On Post-COVID-19 Strategies has attracted the support of the Nigerian Communications Commission (NCC) and Cybersecurity and Compliance advisory company, Digital Encode. In a statement in Lagos from the NITRA National Secretariat, Prof. Umar Danbatta, Executive Vice Chairman is expected to deliver the keynote speech at the event and will throw more light on Federal Government’s plans, programmes and policies on post-pandemic strategies using ICT. Also, Dr. Adewale Obadare and Dr. Seyi Akindeinde, Founders of Digital Encode, while accepting to support the event expressed their readiness to offer their expertise in…

The CWG’s bill presentment platform, BillsnPay is said to have gained traction by recording a transaction volume of over N12 billion in the first half of the year from Nigerians as a digital transformation that was experienced during the Covid-19 lockdown. According to CWG’s Business Development Manager for Digital Financial Platforms, Mr. Tereigh Ozakpo, the platform gained an edge during the Covid-19 lockdown, owing to the robust support model it had developed with its continuous innovative strategy. “The growth witnessed in H1, 2020 is largely owed to two years of preparation for the adoption of digital payments by the semi-formal…

The duo of Team Power Bit Crunchers and Team Zeena Platform have emerged as the winners of the 3-Day Finals of the Lagos Smart Meter Hackathon, organized by the Lagos State government as part of an effort to give affordable electricity to the citizens. While Team Power Bit Crunchers emerged from the hardware category, Team Zeena Platform emerged from the Software group. Both of them earned the combined prize money of N10 Million. The winners and runners-up will also get working space at Eko Innovation Centre, while all ten (10) finalists will get mentorship opportunities, among other consolation prizes. Mr.…

The duo of Dr. Isa Pantami, the Minister of Communications and Digital Economy and Prof. Umar Danbatta, the Executive Vice Chairman of the Nigerian Communications Commission (NCC) will participate in this year’s virtual Nigeria Internet Governance Forum (vNIGF). In a statement issued by Dr. Ikechukwu Adinde, Director of Public Affairs at NCC, both Pantami and Danbatta will join other key players in the country’s Information and Communication Technology (ICT) sector at the event scheduled for September 23-24, 2020 with the theme “Achieving Inclusive Digital Economic Development in the Post-COVID19 Era.” This year’s edition, which will be chaired by the Permanent…

The International Telecommunications Union (ITU) has said the world will need to invest a whopping $428 billion to connect the remaining three billion people in the world who are yet to be connected to the Internet. ITU stated this in its new comprehensive study titled ‘Connecting Humanity – Assessing investment needs of connecting humanity to the Internet by 2030’, explaining that the estimated investment is needed to achieve universal, affordable broadband connectivity for all humanity by the end of this decade. Connecting Humanity posits that nearly US$ 428 billion is required to connect the remaining 3 billion people aged ten…