Author: ITPulse

Cybersecurity products and service providers have been urged to be on the alert as spending on security products and services is projected to reach 151.2 billion in 2023. According to a recent report released by PreciseSecurity, spending in the security technology market would reach $106.6 billion before the end of this year, predicting that the Information Security Technology market to surge in the next years. The report attributed the surge in the market to large investments from different companies and organizations around the world on cybersecurity. “Globally, the whole market would be growing between 2018 and 2023 by 57 percent…

The Association of Licensed Telecommunications Operators of Nigeria (ALTON), yesterday told the Minister of Communications and Digital Economy, Dr. Isa Pantami that telecom regulation all over the world is a process and Nigeria shouldn’t be an exception. This is coming on the heel of the directive from the Minister to the Nigerian Communications Commission (NCC) that telecom operators in Nigeria should review downwards data price within five days, calling them illegal data deduction. “Please go, sit down and review the issue of data price. It is very important and I want to get your feedback with that report in the…

The International Telecommunications Union (ITU), has disclosed that Africa is the region with the lowest Internet usage in the world with just 28.2 percent penetration out of the 87 percent of individuals online globally. The specialized agency of the United Nations that is responsible for issues that concern information and communication technologies, in its recent data tagged ‘Measuring digital development: Facts and figures 2019’also disclosed that Europe is the region with the highest Internet use with 82.5 percent.  ITU believes that the barriers to Internet use, especially in the world’s Least Developed Countries are affordability and lack of digital skills.…

The latest data from the International Telecommunications Union (ITU), has revealed that though some 4.1 billion people are constantly online globally, there exists a widening digital gender gap in terms of Internet uptake across the world. The data disclosed that in most countries across the world, women are still trailing men in benefiting from the transformational power of digital technologies. Tagged ‘​Measuring digital development: Facts and figures 2019’, the figures show that over half the total global female population, 52 percent is still not using the Internet, compared to 42 percent of all men. The ‘Measuring digital development: Facts and…

Nigerians, like customers everywhere in the world, are averse to price change and introduction. And like good customers, Nigerians want to kick and resist price hike under any guise. This is why when people received text messages from a leading telecommunications service provider hinting of plans to commence charging N4 per 20 seconds on unstructured supplementary service data (USSD) platforms for money transfer transactions in Nigeria, the internet literally broke as several people took to social media to express their grievances. It was hot. It was heated. It trended. Unsurprising it got the attention of the new Minister of Communications…

As part of its commitment aimed at helping the Central Bank of Nigeria to drive financial inclusion across Nigeria, First Bank Nigeria Limited, says it has rewarded 37 leading Agents out of its 37,000 Firstmonie Agents in the 774 Local Government Areas in Nigeria with N15 million. The Firstmonie Agent Banking awards had FirstBank giving the sum of N250,000 to 31 agents at the State level by 31 Agents; while N1,000,000.00 was awarded 5 Agents at the Regional level by with the grand prize being the sum of N2,500,000.00 at the National Level. Speaking during the Firstmonie Agent Banking national award…

A Nigeria based Information Technology service provider, Layer3, last week at the Transcorp Hilton Hotel, Abuja, hosted leading IT professionals from across Nigeria to discuss the country’s need to take charge of the data it generates, and drive the adoption of cloud technologies by Government, Security Agencies and Indigenous businesses. Speaking at the event, which was hosted in collaboration with VMware, a global leader in cloud computing and virtualization, the Chief Executive Officer of Layer3, Oyaje Idoko explained that countries across the world were increasingly holding data generated by their citizens in data centers located within their borders. “The whole…

By Hashim Suleiman Let me refer you to Uncle Dele Momodu’s Pendulum of Saturday, 26th October 2019 wherein he professed about Tinubu’s destiny over 2019 presidency. He pointed out reasons why he felt Tinubu has a date with destiny regarding becoming the president in 2023. One of the key reasons, which I also agree with, is Tinubu’s capabilities of identification and management of critical human resources. This happens to be one of the formidable strategies, which has eluded a lot of Nigerian politicians who, despite their humongous resources cannot command credible followership and loyalty. We witnessed the examples in how…

In line with its commitment to deepen financial inclusion and drive its digitization agenda, one of Nigeria’s most innovative financial institutions, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, yesterday in Lagos, launched what it tagged the Stanbic IBTC @ease wallet. Speaking at the launch, the Executive Director, Personal and Business Banking at Stanbic IBTC Bank, Mr. Wole Adeniyi,  noted that the product is set to provide a unique range of financial services to the informally served, the underbanked and the unbanked on various structured platforms with the last 10 digits of a phone number. “The Stanbic IBTC…

As part of efforts to improve performance, services and scalability that are critical to today’s evolving Information and Communication Technology industry, the Internet Exchange Point of Nigeria (IXPN), has acquired Switches capable of  25GE and 40GE ports for its entire network in Lagos. The Chief Executive Officer of IXPN, Mr. Muhammed Rudman, who disclosed this in a statement in Lagos, said the upgrade of the switches will help the company address the current and anticipated needs of its members. “The essence of upgrading our core switches is to keep up with global trends and to ensure that the expectations of…