Professional Services Firms, KPMG has identified the twin evil of Covid-19 and the ongoing crude oil price war as the biggest risk factors that will threaten businesses in Nigeria for 2020/2021. In its biennial Risk Management survey report (‘the report’) titled “Top 10 Business Risks in Nigeria for 2020/202, KPMG also identified regulatory, fiscal & monetary policy and foreign exchange volatility risks as some of the highest concerns for Nigerian Executives across industries. “Prior to COVID-19, the highest concerns for Nigerian Executives across industries are the regulatory, fiscal & monetary policy, and foreign exchange volatility risks, which maintain their place…
Author: ITPulse
By Felix Onajite First Bank of Nigeria Limited has saluted medical professionals tackling the COVID-19 pandemic in Nigeria and the world, THE WITNESS reports. The Bank in a series of tweets on its Twitter page on Friday acknowledged the role medical experts are playing to fight the virus. Some of the messages read: “No capes, just heroes. To all the health professionals at the frontline of efforts to tackle COVID-19, we say thank you. Your tireless efforts are much appreciated. The world called and they responded.” “No cape, just lab-coats. No superhuman capability, just dedication, strength, and compassion. As we…
The Minister of Communications and Digital Economy, Dr. Isa Pantami has debunked and cleared the ground on the argument that 5G technology is responsible for the Covid-19 Pandemic that is presently ravaging the whole world. In a statement personally signed by the Minister, Pantami noted that there is no licence has been issued for 5G network in Nigeria. Thus, the argument is not necessary. The statement reads: “The attention of my office has been drawn to the public concern about the health implications of the deployment of Fifth Generation Mobile Networks (5G) in Nigeria. Based on available records at my…
The 2020 edition of the Titans of Tech Conference & Expo scheduled in Lagos later this year would centre on harnessing the potentials of Artificial Intelligence, Internet of Things, Big Data, broadband service provisioning and the urgent need to drive an all-inclusive digital economy. A statement by the Managing Consultant of TechTV, organiser of the premium Titans of Tech Conference, expo and Awards, Dr. Don Pedro Aganbi, said the theme “Harnessing the Potentials of AI, loT and Big Data in a Digital Economy”, was chosen to highlight the crucial role of AI, loT and big data in today’s digital economy.…
On 25 January 2019, the Nigeria Data Protection Regulation (NDPR) was issued by the National Information Technology Development Agency (“NITDA”), the ICT regulator for the nation. Among the objectives behind this regulation were the protection of the privacy rights and freedoms of Nigerian citizens, on the one hand, and the promotion of local and foreign investments in the digital economy by safeguarding the information systems infrastructure against breaches and implementing internationally compatible rules, on the other hand. The ICT regulator as data protection authority Nigeria is one of the few countries in Africa (the Ivory Coast being another example) that…
The Nigerian Communications Commission (NCC) has warned Nigerians that a fake website (https://covid-19-fg-grant.blogspot.com/?=1) is presently asking the citizen to apply for a free Internet bundle ostensibly being given by the Nigerian government in collaboration with NCC. The telecom regulator in a statement signed today by its Director of Public Affairs, Dr. Henry Nkemadu warned that the website is fake and an attempt to defraud unsuspecting Nigerians, especially telecoms consumers. “The attention of the Nigerian Communications Commission has been drawn to a fake website purportedly asking Nigerians to apply for a free Internet bundle. For the avoidance of doubt, the NCC…
The 36 states in Nigeria, including the federal government and its agencies, are presently leveraging the National Emergency Number 112, established by the Nigerian Communications Commission (NCC) to tackle the menace of the Covid-19 pandemic. ITPulse’s check revealed that Nigerians are able to call emergency response agencies/or first responders with respect to any issue they may want to report on the Coronavirus or other health-related issues and emergencies. Thus, providing succour to Nigerians in the nation’s collective efforts to fight the spread of Coronavirus pandemic, also known as COVID-19. Specifically, all the states and federal government agencies are channeling calls…
By Okoh Aihe Twin evils in the telecommunications industry are regulatory capture and multiple taxations. Even in developed economies, they constitute a major bogey and operators are frenetic when the phrases are thrown about. This explains why organisers of global telecommunications events like the ITU World and the Mobile World Congress, among others, would usually allocate generous time to address these issues. And governments and regulators across the world are wooed to attend in order to acquaint themselves with the latest information. Yet, the problems remain; very stubborn, like the fly in the rural setting, the more you hit them…
The National Information Technology Development Agency (NITDA), today inaugurated a 10-Member Advisory Committee that will advise the Government on measures to be taken to cushion the impact of the COVID-19 pandemic on start-ups, small and medium businesses as well as the Technology Ecosystem in general. A statement signed by Mrs. Hadiza Umar, Head, Corporate Affairs and External Relations at NITDA, quoted the Director-General of NITDA, Mallam Kashifu Inuwa Abdullahi, as saying that the inauguration is in line with the Agency’s mandate of developing and regulating Information Technology (IT) for sustainable national development. The terms of reference of the advisory committee,…
One of Nigeria’s biggest financial institutions, FirstBank Pc has announced the donation of N1billion towards the joint effort by the Nigerian Private Sector Coalition Against COVID-19 Pandemic. While reiterating its commitment to the safety of all Nigerians, Firstbank noted that the donation will rapidly expand the health facilities; especially Testing, Isolation, treatment and the provision of Intensive Care Unit (ICU) facilities pivotal to controlling the spread and importantly, treating individuals diagnosed with COVID- 19. This donation is in addition to the Bank’s drive to move one million children to e-learning, together with an early partner – Roducate – as recommended…
