By Ugo Aliogo First Bank of Nigeria Limited has reiterated its commitment to driving growth and building the capacity of Small and Medium-sized Enterprises (SMEs) in the country. Speaking at the FirstBank SMEConnect Business Clinic, held in Lagos on Thursday, the Group Head, Lagos Island 1, First Bank of Nigeria Limited, Olufunke Smith stated that the business clinic provides an opportunity for SMEs to understand how to develop their business plans, and run their business. It is one of the key initiatives that the bank has put in place to drive the development of the SMEs. She further noted that…
Author: ITPulse
The leadership of the Association of Telecommunications Companies of Nigeria (ATCON), has disclosed plans to host a national dialogue on telecom and the digital economy. The theme of the dialogue, which is scheduled to hold in Abuja later this year is “Harnessing the Digital Resources for the building of our National Economy”. In a statement signed by the Executive Secretary of ATCON, the President of the umbrella body of all telecom professionals, Engr. Olusola Teniola was quoted as saying the dialogue will take a look at the growth across all the sectors of Nigeria’s economy, which is expected to be…
The Nigerian Communications Commission (NCC) has said it will soon carry out enforcement against non-type approved telecom devices in the country, noting that such devices are a setback to the growth of Nigeria’s telecom industry. The telecom regulator stated this yesterday at a one-day sensitization workshop on type-approved devices in Lagos. “While we are here to sensitise and educate our licensees and other relevant stakeholders in the Nigerian telecom industry on the importance of type approval of telecoms equipment and other mobile and terminal devices, we also want to say we will soon start enforcement on non-type approved devices, according…
Medallion Communications Limited, owner of Nigeria’s largest and most connected data center has advocated that apart from Lagos and Abuja, there is a need to have two data centers in each state across Nigeria, arguing that this will enable the end customers to have the best experience of internet and Internet-based applications. The Chief Executive Officer of Medallion, Engr. Ikechukwu Nnamani, who made this advocacy at the Eko-Konnect Users Conference 2020, held in Lagos this week, noted that apart from helping end users have the best of Internet experience, building data center across Nigeria will also help local hosting and…
The Executive Vice Chairman of the Nigerian Communications Commission (NCC) Prof. Umar Danbatta, said the deployment of appropriate Information and Communications technology tolls has the effective power to combat insurgency and to contain other emergencies. Prof. Danbatta, who stated this at the Conference Room of NCC Head Office at the induction of the Commission into the membership of Forum of Spokespersons of Security and Response Agencies (FOSSRA), also noted that empirical knowledge of ICTs can help in tackling numerous challenges. “Nigeria must leverage and appropriately deploy telecoms and ICT resources in the fight against insurgency and to contain other emergencies,”…
Federal government-owned Galaxy Backbone has lamented the level of destruction on fibre optic cables during road construction and maintainers, saying it is taking steps to address the situation. The Information Technology and Shared Services Provider of the Federal Government stated this during a field trip to some of the construction sites in Nasarawa state, where some of the cables had been uprooted to allow the construction works to take place. Prof. Muhammad Abubakar, the Managing Director of Galaxy Backbone, who led the team, said though, the road construction was an important aspect of infrastructure development, the cables being uprooted are…
Chinese technology giant, ZTE and China Telecom have partnered to combat the further spread of the deadly Coronavirus, leveraging 5G network and other communications equipment to deploy remote diagnosis system. The system will be used to create a reliable indoor 5G network and support remote video consultations, which will enable remote diagnostics at other area hospitals, apart from the West China Hospital of Sichuan University. The two companies believe that using 5G to connect doctors with patients can mitigate the risks associated with treating deadly diseases without sacrificing the speed and quality of care. The high-quality, low-latency video enabled by…
The Nigerian Communications Commission (NCC) said consumers in the telecommunications market have become so sophisticated that engaging them is now over and above the use of traditional media alone. The telecom regulator stated this while inaugurating a 12-member Committee, which has been saddled with the responsibility of harmonizing all its existing consumer outreach programmes. “As market and service complexity has grown and consumers become more sophisticated, there has also been an uptake in the use of non-traditional media to both engage with the Commission and to seek redress,” said Adeleke Adewolu, Executive Commissioner, Stakeholder Management at NCC at the inauguration…
In a world of 3D printing and manufacturing, artificial intelligence (AI), Cloud Computing Big Data and smart cities can a country compete without power? It is doubtful. A steady power supply is essential for the smooth running of any economy. It is the lifeblood of the digital economy. To connect and partake of the digital economy, people must first be switched on. Nigeria has been described severally as the largest economy in Africa, but limitations in the power sector constrain growth. Nigeria’s quest for a digital economy would struggle until it, as a matter of urgency, fixes the poor power…
By Martin Ekpeke Birthed in 2008, Quickteller has grown to become one of the biggest household names in the Nigerian and indeed African electronic payment ecosystem. In the last decade, the Interswitch’s online payments platform for consumers and businesses has transformed from just being a payment platform, where payments are made across various channels (ATMs, Web, POS) to what can be described as an enabler of comfort and convenience. ‘Everything is Possible’. Of the truth, everything is possible on the Quickteller platform; from providing seamless payment for goods and services, Airtime Recharge, Funds Transfer, Bill Payments and Western Union Transfer…

