Author: ITPulse

The Nigerian government at all levels has been advised to appreciate the efficacy of Artificial Intelligence technology, which is helping some governments in the areas of roads and bridge construction. An AI specialist, Mr. Saar Dickman, who gave the advice, believes that with Artificial Intelligence, bridge, tunnel owners and operators can obtain a visual diagnosis of the assets they manage. He cited New York and Tel Aviv based startup Dynamic Infrastructure, which is implementing the world’s first deep-learning solution, which provides live, cloud-based, 3D views of the bridge or tunnel and automatically alerts when changes are detected in maintenance and…

Available records from the Nigerian Inter-Bank Settlement Scheme (NIBSS), an umbrella body of all licensed banks, including the Central Bank of Nigeria (CBN), show that the value of online transaction in Nigeria in the first six months of 2019 is N49.35 trillion. This figure is an indication that online transaction in Nigeria and the Central Bank of Nigeria’s financial inclusion initiative is gaining traction, compared to the first half of 2018, when the total online transaction was valued at NGN 36.49 Trillion. Meanwhile, as the online financial transaction is soaring, cheque transaction is dwindling. According to WeeTracker that analyse this…

In a bid to addressing critical industry issues affecting telecommunications operations in the country, the Nigerian Communications Commission (NCC) and the Association of Licensed Telecom Operators of Nigeria (ALTON), yesterday met the Honourable Minister of Communications, Dr. Isa Pantami. The meeting was orchestrated by the Executive Vice Chairman  of NCC, Prof. Umar Danbatta, and in attendance is the ALTON President, Gbenga Adebayo and others. The issues tabled before the Minister include  the problem of denial or exorbitant cost of Right of Way (RoW) by state governments, vandalism of telecoms infrastructure, poor or lack of access to public electricity to run…

Industry players and key stakeholders have continued to throw weight behind the maiden edition of Mobile & Disruptive Technology Forum (MoDiTECH 2019) holding on October 24, 2019 in Lagos State, Nigeria.   Organizers of this strategic event have announced Global Accelerex Ltd as Platinum sponsors. Global Accelerex is the foremost financial technology company in Nigeria that provides electronic payment and business management solutions to different categories of merchants across Africa.    Other sponsors include Digital Encode, a multi-award winning and leading consulting and integration firm that specializes in the design, management, and security of business-critical networks; Medallion Communications that is…

At the Nigeria Tech Innovation and Telecom Awards 2019 organized by the Association of Telecom Companies of Nigeria (ATCON), Broadbased Communications Ltd won the Wholesale Telecom Provider of the Year and the Metropolitan Fiber Infrastructure Company of the Year. Also, the MD/CEO, Prince Henry Iseghohi, won an Award for Outstanding Contribution to the Telecom industry. Broadbased Communications operates an open access Metropolitan Fiber Optic Network covering all the major business districts in Lagos. Consequently the company provides Fiber Optic Network connectivity for Mobile Network Operators, 4G Network Operators, all the Submarine Cable Landing Stations, all Major Internet Service Providers, all…

MDXi, a Data centre subsidiary company of MainOne, last week won two awards at the 2019 edition of Datacloud Africa Leadership Summit and Awards held on September 26 at the Movenpick Hotel, Accra, Ghana. The Data centre company carts home the “Excellence in Data Centre: Africa” as well as  “Africa Cloud Service Provider of the Year”. According to the organizer, the awardees were selected by an independent panel of global data centre experts, who are recognized as world class data centre and connectivity providers and innovators. It added that the highly competitive ‘Excellence in Data Center’ award, honours companies known for excellence…

Software giant, Microsoft has announced a reentry into the world’s smartphone market with a foldable device it tagged Surface Duo, which is set for launch late next year. The Surface Duo, according to reports will finally be Microsoft’s winning Smartphone model, having failed to impress the already porous smartphone market with some of its earlier entries. In fact, it famously missed the smartphone revolution to Apple and Google. The foldable device features two separate 5.6 inch screen on either side of a hinge that allows Microsoft to sidestep the difficulties of making an actual folding screen that bends in the…

The Director General of the  National Information Technology Development Agency (NITDA), Mr. Kashifu Abdullahi Inuwa has disclosed that Nigeria was able to attract $178 million foreign direct investment from 168 deals last year. The DG, who stated this in Dubai at the 39th Gulf Information Technology Exhibition (GITEX), in which Nigeria is a partner, added the investment is increasing even in 2019. “The Nigerian tech ecosystem has produced three companies valued for more than $100m, including the only African “unicorn” (Jumia), valued at over $1bn,” he was quoted by the Daily Trust Newspaper. He argued that Nigeria has the highest…

Audit, tax and advisory services, KPMG recently participated at the Women Corporate Directors (WCD) Foundation, Nigeria Chapter meeting, as a sponsored and hosted by First Bank of Nigeria Limited.

Former President of Nigeria, Goodluck Ebele Jonathan has adduced reasons why the federal government, which he heads between 2011 – 2015 decided to create a separate Ministry that supervise the Information and Communication Technology industry. Jonathan, who granted an exclusive interview with an online newspaper, noted that the fact that the world is ruled by technology, necessitated the pulling out of ICT from the traditional ministry of information and communications and made it a full ministry on its own. “We took cognisant of the fact that the world is ruled by technology and that Nigeria cannot afford to keep lagging…