Author: ITPulse

One of Nigeria’s fintech firms, 3Line Card Management Limited, has adduced reasons it decided to opt of payment transaction switching services. The firm in a statement, noted that  payment transaction switching services is no longer aligns with its overall business strategy, following the recent revocation of the operating licenses of 42 microfinance banks (MFBs) in Nigeria by the Central Bank of Nigeria (CBN). The apex bank had recently announced the revocation of licenses of seven payment service providers and one switch service provider due to their inability to meet up with their statutory obligations and conditions of the regulator. Referring…

Data presented by Bankr indicates that the 5G technology global coverage will grow by  253.84% in the next five years. Also, by 2025, about 53% of the global population at 4.14 billion will have access to technology. Few regions are driving 5G technology uptake By 2021, the network coverage will reach an estimated 1.95 billion people representing about 25% of the global population. In the next two years, the network will be accessible to 32% of the global population at 2.5 billion. In 2023, 5G network is projected to reach about 39% of the global population at 3.05 billion people.…

The International Telecommunication Union (ITU) has unveiled a new Focus Group that will support the emergence of ICT networks able to control their behaviour autonomously in the interests of efficiency. Participation is open to all interested parties. The ITU Focus Group on ‘autonomous networks’ will lead an exploratory ‘pre-standardization’ study to determine how ITU standards will support the realization of autonomous networks and their evolution in years to come. “ITU standards incorporate the latest advances in technology whilst taking account of the associated implications for business dynamics to allow industry players to advance together,” said ITU Secretary-General Houlin Zhao. Zhao…

By Varun Mishra The iPhone 12 became the world’s best-selling 5G smartphone model in October despite a delayed launch, which resulted in only two weeks of sales during the month. The iPhone 12 Pro, which was also launched alongside the iPhone 12, was the second best-selling 5G model for the month, according to Counterpoint Research’s monthly Market Pulse Service. The iPhone 12 and 12 Pro together captured close to one-fourth of the total 5G smartphone sales in October. The iPhone 12 also entered the top 10 bestseller list of 5G devices for January-October 2020, attaining the seventh position. This is…

THE directive last week by the Ministry of Communications and Digital Economy that the National Identity Number, NIN, has become mandatory for a subscriber to carry a mobile phone is not only a slap on the faces of Nigerians already going through very troubled times but a plain manifestation that arbitrariness is being elevated to the dizzy heights of national policy. Operators have been given only two weeks to comply and ensure that over 190m subscribers on their networks are properly registered. Or your operating license withdrawn. We view this as a death sentence for the telecommunications industry, and some…

The Nigerian government through the National Task Force on National Identification Number (NIN) and Subscriber Identification Module (SIM) Registration has extended the deadline for the integration of NIN and SIM card. The extension was announced today at a meeting, which was chaired by the Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami) with major stakeholders in the sector including Chairman-Nigerian Communications Commission (NCC); Executive Vice Chairman (EVC), NCC; Director-General (DG), National Information Technology Development Agency (NITDA); DG, National Identity Management Commission (NIMC); Executive Commissioner, Technical Services (ECTS), NCC; Executive Commissioner, Stakeholder Management (ECSM), NCC; Chairman, Association of…

TD Plus, a subsidiary of Sub-Saharan Africa’s leading technology, lifestyle and solutions distributor, TD Africa, has signed a partnership with Samsung to provide quality support services to its customers in Nigeria and beyond. The support services include 50 percent discount on fixing of Samsung smartphone screen, which covers the first 50 Samsung mobile users, with interested persons expected to call 08129851224 and 08129851226 to take advantage. According to TD Plus, the partnership is expected to strengthen Samsung’s support offerings and reduce average waiting time for customers. Further, the partnership represents a watershed in Samsung’s ambition to secure a bigger share…

In a bid to give consumers much more value for their money, one of Nigeria’s leading 4G/LTE data providers, Smile Nigeria has re-ignites the Nigerian data space with new range of plans. With the introduction of the new range of data plans, a new buzz has been created with the quartet of data plans including Bigga, Freedom, Jumbo and 365 plans. The new 130GB Bigga plan offer customers 130GB valid for 30 days at only N19,800. Once the 130GB is depleted customers will enjoy 3GB FREE daily until the validity period of the 130GB Bigga plan expires. Now that’s a…

The Nigerian Communications Commission (NCC) said it remitted a whooping N362.34 billion as revenue to the Federal Government’s consolidated revenue account in a space of five (5) years. The Executive Vice Chairman of NCC, who disclosed this in his presentation to Course 29 Participants at the National Defence College, Nigeria, also said this contribution from the telecommunications industry has helped the country’s diversification efforts. “Telecommunications is key to the diversification of the Nigerian economy, as the telecom sector played a dual role of contributing to the Gross Domestic Product (GDP) and being an enabler to other sectors of the economy.…

Sophos has announced four new open Artificial Intelligence (AI) developments that will help broaden and sharpen the industry’s defenses against cyberattacks, including datasets, tools and methodologies designed to advance industry collaboration and cumulative innovation. The four developments are SOREL-20M Dataset for Accelerating Malware Detection Research, AI-powered Impersonation Protection Method, Digital Epidemiology to Determine Undetected Malware and YaraML Automatic Signature Generation Tools. The four developemnts, according to Sophos will open its data science breakthroughs and make the use of AI in cybersecurity more transparent, all with the aim of better protecting organizations against all forms of cybercrime. While it is common…