Author: ITPulse

Even though the wearable device market is described as maturing, it is yet to establish itself in the IoT mainstream, due largely to limited interoperability and underdeveloped self-contained functionalities. GlobalData, a leading data and analytics company, had predicted in its Wearable Tech – Thematic Research that the market will grow at a compound annual growth rate (CAGR) of 19 percent between 2018 and 2023, primarily driven by smartwatches, which account for the lion’s share of the market revenue. Competition in wearable tech is primarily a face-off between US and Chinese tech giants. Apple is the dominant player, thanks to the…

Biopharmaceutical company, Sanofi has called on technology entrepreneurs and startups to participate in the 2020 Africatech Challenge, an initiative that helps to promote entrepreneurship and development in the health sector in Africa. According to Sanofi, the Africatech Challenge is part of its effort to get affordable and user-friendly solutions that would address the needs of Africans. “We are in search of affordable and user-friendly solutions from African start-ups, with at least a proof of concept with positive results, in at least one country in Africa. This initiative provides a unique opportunity for aspiring tech-preneurs in Nigeria to showcase their talent…

Sophos has raised the alarm that the ‘safety measures’ email being circulated is a phishing scam, urging individuals and businesses to be on the alert. Sophos Security Team reported of the current scam, says it uses the coronavirus to lure unsuspecting businesses and people with the email which carries the logo of the World Health Organization and states: Sophos said that fortunately, at least for fluent speakers of English, the criminals have made numerous spelling and grammatical mistakes that act as warning signs that this is not what it seems. “The link you’re asked to click on is similarly, and…

The Nigerian Communications Communications (NCC) has spent N105 million to promote research and innovation on Information and Communications Technology in 13 Nigerian Universities, a document titled ‘2019: NCC’s Regulatory Feats’ has revealed. The telecom regulator said it decided to make the funding available in keeping with its ongoing tradition of driving technology innovations for Nigeria’s economic growth and sustainability. “In keeping with its ongoing tradition of driving technology innovations through funding relevant researches in tertiary institutions, the Commission decided to fund research and innovations in 2019,” the document noted. The document disclosed that in May 2019, NCC announced N40 million…

Nigeria’s Fidelity Bank Plc, has announced that its  SME Forum, which will be aired on various radio stations across Nigeria this morning will share insights on the outlook for the technology industry in Nigeria in 2020. The programme, which is organized to empower Nigerian entrepreneurs with knowledge, know-how and expertise that will enable them to build successful businesses, will be live on Inspiration 92.3 FM (Lagos), 9:15 a.m. on Inspiration 100.5 FM (Ibadan) and 10:30 a.m. on Inspiration 105.9 FM (Uyo). Speaking of the essence of the program and the theme  “Outlook for the Technology Sector in Nigeria in 2020”,…

A 16 years old Oyindamola Aje, has been crowned the winner of the second edition of the InterswitchSPAK National Science Competition, which was held in Lagos last week. Oyindamola, a student of Jesuit Memorial College, Port Harcourt, Rivers State, defeated eight other finalists in an intense quiz session to win the grand prize of 7.5 million Naira worth of tertiary education scholarship, which will spread over five years. He also went away with a laptop and a monthly stipend for the duration of the scholarship fund. An excited Oyindamola, who came tops after going through various levels of the competition,…

Technology-driven bus sharing solution, Plentywaka has unveiled a new sponsorship opportunity that would allow investors to earn a whopping 32 percent return on investment within two years. According to the company, which provides a reliable, efficient and safe transportation system that connects riders with their rides in minutes, the new sponsorship offer will give Nigerians the opportunity to be part of the business, which have empowered 75 drivers and vehicle assistants and have done over 40,000 rides across 5 routes in Lagos since launching in September 2019. “Since launch, we have not gone back on our promise to create financial inclusion, and…

As part of efforts to improve financial inclusion in West Africa, Lagos based African fintech start-up,  Aella raised a whopping  $10m debt financing round. The fund, which was sourced from HQ Financial Group (HQF), Singapore-based private company specializing in new material science, semiconductor and blockchain financial investments, will make a visible impact on the lives of more than 300k borrowers across Aella’s Employer Backed and Direct to Consumer Verticals, who now have access to simple financial products. According to the report, this debt financing round is Aella’s second race and will bolster the company’s commitment to serving the underbanked population…

The Information Systems Audit and Control Association (ISACA), today honoured the Nigerian Communications Commission (NCC) with an “Outstanding Partnership” award. ISACA said it decided to honour the telecom regulator based on the support, collaboration and partnership it enjoys with the Commission, stressing that NCC has accomplished so much as the national regulatory authority for telecommunication in Nigeria. “We referenced activities of the Commission as the regulator of the telecoms, a sector that has enabled growth in other sectors of the economy,” said Glory Idehen, President of the FCT Chapter of ISACA, who was particularly happy to be associated with NCC.…

Nigeria’s largest system integration company, CWG Plc has won this year’s Infosys Finacle’s Regional Alliance FY20 award for the Middle East and Africa for deploying and implementing the Finacle Banking Solution in about nine banks in Nigeria. The award, which was received by CWG recently at an Infosys Finacle Sales & Partners Meet 2020 Awards Night in Goa, India, came as a result of CWG’s expertise in adopting innovations and successfully implementing the industry-leading universal banking solution. A statement by the company quoted Ireti Yusuf – Vice President, Services Delivery, CWG Plc, who received the award on behalf of CWG,…