The Nigerian Communications Commission (NCC) has clarified earlier report, which quoted the Commission to have said 95.7million subscriber SIM registrations are invalid. The Commission said the figure quoted not invalid, but undergoing verification, emphasising that clarification is for the benefit of subscribers and other critical stakeholders who rely on subscriber registration data. “Although the figures quoted in the news reports were disclosed at a Sensitization Workshop to illustrate the quality of initial data submissions, subsequent process enhancements by the NCC and operators have led to better quality submissions. The process is ongoing, and is constantly being reviewed for higher efficiency.…
Author: ITPulse
Chinese telecom company Huawei’s business arm, Huawei Cloud and Indian IT firm Infosys have signed a memorandum on strategic cooperation to jointly develop solutions around cloud computing services for business organisations. “Huawei Cloud and Infosys today signed a memorandum on strategic cooperation to help enterprise customers transition quickly to the digital cloud,” a joint statement by the companies said. The cloud computing system helps entities use software, store data and other IT related work without the need to buy complete software or hardware that they may need for computing purposes. As part of the agreement, Infosys will join the Huawei…
By Martin Ekpeke CWG Plc has adduced reasons why keeps making a case for a viable software ecosystem in Nigeria, where all the market players can engage, connect and share ideas across active communities and networks, as well as identify and convert opportunities into business. CWG, Nigeria’s biggest system integration company, said Nigeria, as Africa’s most populous country is transitioning into a dynamic ecosystem offering Fintech start-ups a platform to succeed and potentially grow into multi-million-dollar businesses. Thus, a viable software ecosystem is needed and must be worked upon by all, hence the regular clarion call. “As a major player…
Nigeria’s Carrot.ng, has been shortlisted by the United Nations’ World Summits Awards as one of the ‘40 Most Innovative Startups’ in 2018, making it the only Nigerian startup to be shortlisted. Carrot.ng was shortlisted from among 400 companies that participated in the competition from all over the world. In a statement made available to journalists, the founders of Carrot, Luqman Balogun and Odunayo Williams, expressed delight at been shortlisted for the prestigious awards, which was held in Cascais, Portugal last month. The duo noted that the shortlist proved that Carrot offered unique services capable of solving inheritance challenges. “Estate planning…
By Khalila Baldwin The launch and growth of digital financial services have led to an unprecedented increase in the number of people enjoying access to formal financial services. Today, Africa is home to more digital financial services deployments than any other region in the world, with almost half of the nearly 700 million individual users worldwide. Mobile money solutions and agent banking now offer affordable, instant, and reliable transactions, savings, credit, and even insurance opportunities in rural villages and urban neighborhoods where no bank had ever established a branch. This is, quite literally, banking at your fingertips – for everyone.…
The global Fintech software and services sector are expected to boom as a USD 45 billion opportunities by 2020, growing at a compounded annual growth rate of 7.1 per cent, KPMG report says. This boom is attributed to innovation and technology, which have brought about revolutionary changes in traditional financial services. According to the report, the world has seen more than 12,000 start-ups emerge and massive global investments of USD 19 billion in 2015 in the Fin-tech space. These innovators are effectively employing technology tools to bring in seamless and innovative financial services for the banked and unbanked population in…
As part of her one-year anniversary commemoration, the Ausso Leadership Academy (#ALA) has launched the #Take5toGiveback programme in a bid to extend the ultimate mentorship experience to grassroots government decision makers in Nigeria. #Take5toGiveback, a brainchild of the Alumni of #ALA aims to impact Local Government Chairmen and other decision makers within the Local Government Areas (LGAs). The program entails soliciting sponsorships from Corporate Bodies and well-meaning High Networth Individuals to sponsor at least five decision makers from select LGAs to attend each cohort of the #ALA Signature Masterclasses to imbibe the mentorship framework for effective governance that will improve…
The Nigerian Communications Commission (NCC) and the Financial Reporting Council of Nigeria (FRCN) have agreed to harmonise conflicting areas in the Code of Corporate Governance for the Telecom Industry and the National Code of Corporate Governance. This, the two federal government agencies believe will strenghten processes to achieve seamless implementation of the two codes with respect to enforcement, monitoring, stakeholder enlightenment, and unforeseen exigencies that may arise in the course of time. At a meeting held at the NCC Head Office in Abuja, Sunday Dare, NCC’s Executive Commissioner, Stateholder Management, stated that the NCC issued the code of corporate governance…
TheAfrica Netpreneur Prize Initiative (ANPI), which will award US$10 million and recognize 100 African entrepreneurs over the next 10 years is seeking application from entrepreneurs from all sectors and age groups across Africa. According to the Global leaders Graca Machel, Chair of the Graca Machel Trust Board and Ban Ki-moon, Former UN Secretary-General and Co-chair of the Ban Ki-moon Centre for Global Citizens who are serving on the ANPI advisory board, the essence of the initiative is mobilise and promote entrepreneurs across the continent through grassroots outreach. “I especially encourage powerful women entrepreneurs to apply. It is up to you…
The organizer of NaijaSecCon, annual technical Cyber-Security Conference, has said this year’s edition is expected to capture different topics within and affecting the security of the information space in Nigeria and indeed Africa. The conference, which will be hosting more than 300 professionals from various industries, including Financial Services, Insurance firms, Telecommunication companies, Oil and Gas, Conglomerates, Privately-held organizations, Military, State and Federal Government Agencies, will take a closer look at the cost of cyber security breaches and the possible ways to ameliorate the challenges. Speaking on expectations from this year’s event, the Lead Convener of NaijaSecCon’18, Rotimi Akinyele said…