Author: ITPulse

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,…

Governments run the world. Government policies are the fulcrum for economic development or otherwise. Businesses and citizens are either beneficiaries or victims of government policies. The new year has seen a rush of polices across the country by governments at federal and state levels. Some of these policies make citizens worry about whether the government thinks through and examine all possible effect before seeking to implement policies. Here are 5 policies/happening already shaping the economy in 2020:   Lagos Ibadan Rail Project The much talked about and anticipated Lagos-Ibadan railway project is now scheduled for completion sometime in April 2020. The…

The Minister of Communications and Digital Economy Dr. Isa Pantami has warned Nigerians to desist from the use of Windows 7 powered devices for any form of Internet-based services that will require the transmission of sensitive data. The warning became necessary owing to the official End of Support (EoS) of the Microsoft Windows 7 Operating System (OS) which came into effect on 14th January 2020. Microsoft, owner of Windows 7 has announced that it will no longer provide technical support and security or software updates for the platform, explaining that systems running on Windows 7 OS will continue to work,…

African Network Information Centre (AFRINIC) has given tips on the best ways to avoid the theft of IPV4 Addresses, which it says is on the rise and can severely affect the Internet Protocol market. According to AfriNIC, regional Internet registry (RIR) for Africa, implementing advanced security measures, such as resource management, policies and infrastructure transparency can help IP address providers to reduce IP address thefts, especially IPV4 that is gradually being exhausted and have become a scarce resource. The recent AFRINIC – IPv4 address heist case has shown that due to the lack of tangible evidence, it’s challenging to investigate…

Years after licenses were issued to some Infrastructure companies in Nigeria to lift fibre from the landing stations to the hinterlands in Nigeria, the federal government yesterday said it will soon take a concrete position to enable the Infracos to commence operations. The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta disclosed this while receiving a team from the Bill and Melinda Gates Foundation (BMGF) and the Foundation’s Consultants, Glenbrooks Partners at the Commission’s headquarter yesterday. According to Danbatta,  taking a concrete position to allow Infracos to commence operations has become necessary owing to the huge…