Author: ITPulse

PlentyWaka, a bus sharing solution that offers commuters, especially in Lagos convenience, safety and comfort in their daily rides, has hit a milestone of 100, 000 rides in its first six it ventured into the public transportation space in Lagos. The technology company made the announcement via its newsletter today. “It has been 6 amazing months since we commenced operation on September 16, 2019, and we have successfully completed 100,000 rides,” it announced. PlentyWaka added that the milestones are owned to its numerous passengers for their continued patronage and support, noting that such supports have made their dream of changing…

Apart from achieving 70 percent broadband penetration in four years and digitalizing government processes for openness and speed of service delivery, another key objective of the digital economy pursuit is to achieve a 95 percent digital literacy level in the next 10 years. This was a disclosure by the Nigerian Communications Commission (NCC) at the ‘Meet the Regulator Forum’ which was held at the Nigerian Law School, Abuja Campus yesterday. According to the telecom regulator, 95 percent of digital literacy will ultimately boost the Nigerian economy, which many analysts and industry watchers have advised should be berthed on the foot…

The National Information Technology Development Agency (NITDA), has sealed a partnership with the Abuja Enterprise Agency (AEA) to promote the digital economy, which is imperative to President Muhammadu Buhari’s resolve to lift 100 million Nigerians out of poverty in the next 10 years. Speaking while hosting the management of AEA at the NITDA Corporate Headquarter, Abuja yesterday, the Director-General of NITDA, Mallam Kashifu Inuwa Abdullahi, noted that with the support AEA is giving to over 100,000 entrepreneurs in providing finances, workplace and information and Communication Technology (ICT) support, the digital economy vision of the government is gaining momentum. “Partnering with…

The outbreak of the dreadful Coronavirus is expected to speed up the Fourth Industrial Revolution, which will be fuelled by new technologies, such as Artificial Intelligence and mobile supercomputing. This is an expert view and opinion of Mr. Nigel Green, the Chief Executive Officer of deVere Group, one of the world’s largest independent financial advisory organisations. According to Green, the Coronavirus will enforce social distancing, which will highlight how families, friends and colleagues can interact, remain connected and work, how businesses can still efficiently operate, and how investors can manage assets via advancing digital infrastructures. “Coronavirus will string forth new…

The Chief Executive Officer of deVere Group, Mr. Nigel Green has given an expert opinion on the recovery from a coronavirus-triggered recession that will usher in a new era in which how people live, do business and invest will fundamentally change. According to the CEO of one of the world’s largest independent financial advisory organisations, as consensus grows that a temporary world recession is imminent and as governments and central banks scramble to try and limit the impact, the world is now almost certain that there will be a coronavirus-triggered recession as both global supply and demand are impacted.. He…

First Bank of Nigeria Limited is taking steps to ensure that women and women-led businesses are empowered. The bank has, through its FirstGem; FirstMonie and First Women Network empowered and brought several unbanked women into the financial system. This it proved during this year’s International Women’s Day (IWD) celebration, writes COLLINS NWEZE. Empowering women through improved access to finance and social support are crucial in achieving the desired growth for the economy. This is the belief of First Bank of Nigeria Limited, even as it maintained that investing in women’s economic empowerment sets a direct path towards gender equality, poverty…

In an effort to improve learning in secondary schools in Nigeria, Skool Media, an ICT solution company with expertise in digital learning has equipped some federal government colleges in Nigeria with digital infrastructure. Specifically, in the last six years, the company has set up 75 students technology experience centers by installing 452 projectors and providing 2500 laptops and established eight (8) teachers digital learning centres across the six (6) geopolitical zones. Speaking at a press conference in Lagos, Chairman of the Advisory Board of the company, Dr. Macjohn Onyekwere Nwaobiala also disclosed that Skool Media has provided 377 digital classrooms…

Nigeria’s largest system integration company, CWG PLC has strengthened its partnership with Vericash, provider of an innovative software platform to drive an ecosystem of collaborative mobile financial services, which will ultimately boost Nigeria’s financial inclusion quest.    Speaking at a workshop organized by the two companies for banks in Nigeria, Tereigh Ozakpo, CWG’s Business Development Manager, explained that the Vericash mobile banking solution, which has been in the Nigerian market in the last six years is an Omni channel plus digital solution, which allows banks to operate all their digital channels on one platform.    He said unlike other platforms,…

The 26-man committee inaugurated by the Nigerian Communications Commission (NCC) to combat electronic fraud has met in Abuja. Part of the discussion at the meeting include how best to address the challenge of Subscriber Identification Module (SIM) swap, the security of telecoms and banking infrastructure, cost of accessing financial transactions, and the processes for determining who takes the responsibility to compensate the consumer in case of any electronic fraud that cannot be blamed on the consumer. Speaking after the Committee’s deliberations, Aliyu Ibrahim, Head, Consumer Protection and Advocacy, NCC, who chaired the meeting, said, “Today, we have advanced…

The Swedish Government has been urged to support Nigeria’s quest to deploy more robust broadband infrastructure in the country for economic growth and prosperity. The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, while speaking at a dinner hosted by the Swedish Ambassador to Nigeria in Abuja, Carl-Michael Grans, stated that the call becomes necessary as Nigeria has embarked on a digital transformation journey and efforts are ongoing to ensure evacuation of the massive data capacity at landing points to the hinterland. “We have a plan to move the massive capacity from the landing point to…