Author: ITPulse

The National Information Technology Development Agency (NITDA), through its subsidiary, Office for ICT Innovation and Entrepreneurship (OIIE), has called on Nigerians, especially software developers, to apply for opportunities to participate in the “Nigeria COVID-19 Innovative Challenge”. Making the call in a statement signed by Mrs. Hadiza Umar, Head, Corporate Affairs and External Relations, NITDA noted that the Nigeria COVID-19 Innovation Challenge is an online innovative challenge set up to meet the challenges mankind is facing as a result of the Coronavirus. The Challenge is organized as part of NITDA’s strategic initiatives, which is aimed at identifying and showcasing innovative technology…

Those who know have predicted that the Nigerian telecommunications sector will continue to keep the country afloat in the post Covid-19, despite the negative impact of the virus on the economy. Specifically, they fingered three factors, which include investments made pre-covid-19, social media culture and data growths and ultimately, listing of MTN and Airtel on the Nigerian Stock Exchange, which they attributed to the foresightedness of the Nigerian Communications Commission, led by Prof. Umar Danbatta. First to point this out is Nairametrics Financial Advocates, a financial resource company, with special focus on investor advocacy and business intelligence. According to Nairametrics,…

KPMG Professional Services, one of the ‘Big Four’ recently held its Chief Financial Officers (CFO) Forum as a Webinar, themed “Surviving the COVID-19 Pandemic – Lessons from China”. The forum was hosted on the internet, with William Gong, Partner & Vice Chairman, KPMG China covering the Wuhan Province as a keynote speaker. The webinar kicked off with a warm opening address from Kunle Elebute, Senior Partner, KPMG in Nigeria and Chairman, KPMG Africa as he highlighted that the impact of Covid-19 on most African Countries will be a twin shock on the economy due to a fall in demand for…

The National Information Technology Development Agency (NITDA), has licensed Digital Encode, a management and security of business-critical networks provider as a partner under the Data Protection Compliance Organisations (DPCO) With this license, Digital Encode is recognised by NITDA to provide training, auditing, and consulting services throughout the country in line with the NDPR principles. Explaining the role of the license, the Co-founder and Chief Operating Officer of Digital Encode, Dr. Peter Adewale Obadare, thanked the management of NITDA led by Malam Kashif Inuwa Abdullahi, for the confidence reposed in the organisation. He said as a DPCO, Digital Encode is expected to verify…

As an attempt to cushion the impact of the COVID-19 pandemic, the Federal Government has promised the creation and protection of one million jobs in Nigeria’s Information and Communications Technology sector before the end of this year. The jobs, according to the government will be created mainly through the National Information Technology Development Agency (NITDA). The Director-General of NITDA, Mallam Kashifu Inuwa, who disclosed this during a virtual submission of the report of the NITDA Advisory Committee on the Impact of COVID-19 on the Technology and Innovation Ecosystem also known as Tech4Covid19, stated that the jobs will be created based…

Nigerians love cash. Despite the best efforts of the Central Bank of Nigeria (CBN), the bulk of transactions in Nigeria are still cash-driven. It is not surprising. Cash embodies power, it breeds a sense of security and many swear it has aphrodisiac properties. It is all too convenient to talk of electronic payment but when push comes to shove – cash is king. Ask any businessman. Of course, the slow adoption of electronic payment has been blamed on a lot of things. Experts talk of poor awareness of digital and e-payment solutions, lack of trust, widespread illiteracy, and the largely…

In a bid to strengthen data management in Africa, the Institute of Information Management (IIM) has inked a partnership deal with the Data Management University, USA. The partnership, according to Dr. Oyedokun Ayodeji Oyewole, President/Chairman of the governing council of IIM-Africa, is geared towards effective data governance in Africa, as data governance strategy becomes more essential for the survival and sustenance of government and businesses owing to the increasing importance of data, imposition of various data regulations coupled with sudden COVID-19 Pandemic. “As part of the Institute of Information Management (IIM) Africa’s commitments towards ensuring global best practices, lessons learned,…

The Group Managing Director of Zedcrest, Adedayo Amzat has advised corporate organizations to rethink their business model and adopt technologies that would keep the green-light on,  should another pandemic of COVID-19 scale ever happen again. Amzat stated this position in an Instagram Live Chat with the Editor of TechEconomy.ng, Peter Oluka  on the theme; “Implications of COVID-19 on Nigerian Economy: Way Forward for Businesses.” “The battle against COVID-19 is one that leaders today must win if we are to find an economically and socially viable path to the next normal,” he said. He believes that this is the worst-case scenario that businesses…

Okra, a Nigerian fintech platform has secured a $1million pre-seed fundraise from TLcom Capital to strengthen its push to build the infrastructure for Africa’s next wave of fintech innovation. The new investment will help Okra to scale their team and operations as they cater to their growing client base. Launched in January 2020, Okra’s “super-connector” creates a secure portal and process to exchange real-time financial information between customers, applications and banks. Currently, developers and organisations in Africa do not have access to real-time banking data, creating large hurdles during the onboarding and verification of customers. Okra is the first in…

The International Telecommunication Union (ITU) has postponed the ITU Digital World 2020, the global tech event for government, industry and SMEs, which was scheduled to take place in partnership with the Ministry of Information and Communications, Viet Nam The global telecom body has postponed the event to September 2021 in the same venue in Ha Noi, Viet Nam, saying it is the best and safest course of action to ensure the well-being and safety of all event participants and guarantee a successful event. “We must set ambitious, measurable goals for ensuring an equitable transition to the digital age. The SDGs offer…