Author: ITPulse

Despite the argument generated from the Coronavirus and Fifth Generation Technology, which referred to as 5G, a report by FinFold has predicted that global 5G connections in the next five years will be 2.7 billion. This increase in connections will result in a growth of at least 20 times from this year’s 120 million connections. The data in the report show that 5G connections will continually experience upward growth. By next year, the connections will grow by 180 percent to stand at 340 million. By 2022, the connections will be 810 million and later grow by 72.8 percent to hit…

By Stefan Nalletamby African Development Bank has raised an exceptional $3 billion, three-year bond to help alleviate the economic and social impact of the COVID-19 pandemic As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while less affected, is preparing to undergo its own severe social and economic crisis. As of April 7, over 10,000 cases have been reported across 52 countries in Africa (less than 1% of cases globally). Yet despite the slow onset, Africa’s fragile health systems will be overwhelmed if the virus continues to spread. To avoid this scenario, governments are implementing…

Pan-African ICT company, CWG Plc has rejigged its bills presentment, aggregation and payment platform, BillsnPay as part of an effort to address some of the teething challenges of Small, Medium Enterprises in Nigeria.    According to CWG, the challenges this solution will address among the SMEs are the lack of data for business insight, late and nonpayment of bills by their customers and high cost of operation and maintenance.    Others include late delivery of bills to their customers and delay in the reconciliation of payments made against the Bill. These challenges, CWG argues have impacted negatively on the revenues…

With route optimization software you’ll spend much less time planning – and the routes produced will be far superior to manually created routes. For a mobile workforce, route optimization is the process of determining the most efficient routes, in terms of cost, resources and time. All other relevant factors such as order and driver restrictions, as well as the various workflows of a particular business are also factored in. The aim is to maximize efficiency and fulfil more orders: getting to more addresses with fewer resources. This allows businesses to save time, costs and ultimately increase their revenue. With route…

Information and Communication Technology (ICT) innovator and entrepreneurs in Nigeria are set to receive supports that will turn their ideas into products and prototypes. The support will be coming from the Nigerian Communications Commission (NCC), who has embarked on the building of six Information and Communication Technology (ICT) Parks to promote the socio-economic transformation of Nigeria. In a statement signed by the Director of Public Affairs at NCC, Dr. Henry Nkemadu, the ICT Parks are to provide Innovation Labs and Digital Fabrication Laboratories (Fablabs) for use by technopreneurs. Nigeria’s independent telecoms regulatory authority believes the Parks will provide a Commercial…

Nemo, a Warri based mobile app development firm has developed a local application that identifies and displays the distance between a user location and a COVID-19 affected area. The App tagged Covid2geda, which was developed as part of the firm’s efforts to support the Nigerian government in tackling the menace of the COVID-19 pandemic, which is presently ravaging the world, also gives a constant update of how many people that have been affected by the virus, figures of those who have died as a result of the Virus and those who have recovered from the Virus. “Apart from giving Nigerian…

By Hashim Suleiman Let me start this piece with borrowed words from His Excellency Kashim Shettima, former Governor of Borno State who posited that “when you give power to a dull person, he gets chased by his shadows and sees everyone as his enemy”. These are the kinds of situations that weaken institutions in our climes and we are struggling to see a functional lot of them. When weak and dull people assume a position, two things come into play, one is getting drunk over it and the second is not understanding the reality of its transience and so rather…

Digital Economy Media Support Volunteers’ (DEMS Volunteers’), a non-governmental Advocacy group of media and telecoms practitioners creating awareness on the digital economy, has described it as strange, the resent social media onslaught on the telecommunications infrastructure deployment in parts of Lagos. The Volunteers’ said it was regrettable that purveyors of fake news have chosen this period of Coronavirus pandemic to misinform millions of internet users in the country, particularly as regards unfounded cases of 5G fibre optic cable deployment in Lagos and other parts of the country. According to a statement released on Friday and endorsed by the Director-General, Prince…

The advent of the novel coronavirus disease, also known as COVID-19, into the country seems to have destabilized our social norms and behaviour. Nigeria, like all other countries of the world where this pandemic has visited, has responded by both treating the people who have contracted the disease and putting some preventive measures in place to minimize the rate to which her citizens get infected. Some of the measures the government has put in place to forestall transmission of the virus include the restriction on movement, closure of schools, ordering some cadres of the employees to stay home for some…

Nigeria’s premier bank, FirstBank said it has recorded approximately 2.5 million withdrawals which amount to N35 billion across its ATMs over the last week. The Bank in a statement signed by its Chief Executive Officer, Dr. Adesola Adeduntan, yesterday also said in the last one week, its 53,000 agents across the country have processed over 5 million transactions with differing values. “We’ve recorded approximately 2.5 million withdrawals which amount to N35 billion across our ATMs over the last week.  Our larger corporate customers have done over 1,700 successful transactions worth N6.8 billion on our e-bills platform during this challenging period,”…