West Africa’s premier financial institution, FirstBank Plc has partnered with CFA Society Nigeria to host the Ethics Challenge, which is holding today and tomorrow in Abuja and Lagos for the regional and national levels respectively. The bank says the partnership is a furtherance of its commitment to promote business ethics, professional excellence and education, which is a reflection of Firstbank’s Endowment programme. Expressing her delight on FirstBank’s support and participation in the CFA Ethics Challenge, the Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited, Folake Ani- Mumuney noted that FirstBank pride itself in being exemplary in ensuring…
Author: ITPulse
HUAWEI CLOUD Has released Kunpeng ECS (Elastic Cloud Server) cloud services and Partner Program 2.0 at AfricaCom, the continent’s largest annual telecomevent. The Kunpeng-powered cloud services will be made available to African customers by the end of December, and will offer 15% faster multi-core computing powerand a 30% higher performance/price ratio than the industry average. These cloud services offer an unprecedented capability to meet the ever-shifting requirements of a diverse range of public and private institutions. Speaking at the Huawei Cloud, AI Forum, Rui Houwei, President of HUAWEI CLOUD Africa, noted the significance of recent technological breakthroughs. “The computing industry has gone through the mainframe computer, minicomputer, and x86 server stages and will move to the multi-architecture computing stage,” he said. “The computing power previously available only in the x86 architecture, is now available…
The directive from the Minister of Communications and Digital Economy, Dr. Isa Pantami to the Nigerian Communications Commission (NCC) on the deactivation of Voice Mail Protocol by service providers, has been described as unnecessary interference. In a reaction to the directive, the Association of Licenced Telecommunications of Nigeria (ALTON) said the directive is contrary to to Section 25 subsections 1 & 2 of the Nigerian Communications Act 2003. It also argued that Voice Mail Protocol is not a major “policy issue” within the meaning of S. 23&24 of the NCA which empowers the Minister to formulate “general policy for the…
Africa remains the region with the least developed telecommunications infrastructure in the world today, but with the fastest-growing penetration of mobile telephony in the world, according to the Global System for Mobile Communications (GSMA). By 2025 mobile broadband will account for 87% of mobile connections, in Africa. The current figure for these services is 38%. During the year 2019, 3G will overtake 2G to become the leading mobile technology in the region, with just over 45% of total connections by the end of the year. 3G adoption has doubled over the last two years as a result of network coverage…
The Nigerian Communications Commission (NCC), has assured that, with the ratification of the African Continental Free Trade Area (AfCFTA) Agreement by 22 member states, making it the largest trading bloc in the world, Nigeria will improve the competitiveness of the over $70 billion Nigerian Communications sector market for the Continental Free Trade Area. The telecom regulator made the call yesterday during a stakeholder sensitization workshop on the implications of the African Continental Free Trade Area (AFCFTA) Initiative for the communications industry in Lagos. Thus, the Commission is rallying the support of all industry stakeholders in sync with its mandate to…
Bluechip Technologies Limited, a leading indigenous business applications and data management solutions firm, continues its commitment to capacity building by sponsoring the second edition of the Inter-Campus Machine Learning Competition. The competition includes about 100 universities and polytechnics across all the states of Nigeria. The competition increases students’ expertise, enhances the opportunities and employability of Nigerian students through an incentivised exposure to advanced knowledge in Data Science, which is now world’s No. 1 career. Bluechip Technologies also sponsored the competition last year as part of its 10th anniversary. The competition, organised by Data Science Nigeria, is now in the final…
The 2020 Threat Report, which was today launched by Sophos, an in cloud-enabled next-generation cybersecurity company, has shown that cyberattackers are raising the stakes in ransomware, increasing stealth in malicious Android apps, exploiting misconfiguration in the cloud, and abusing machine learning. The 2020 Threat Report, which provides insights into the rapidly evolving cyberthreat landscape and was produced by SophosLabs researchers, explores changes in the threat landscape over the past 12 months, uncovering trends likely to impact cybersecurity in 2020. “The threat landscape continues to evolve – and the speed and extent of that evolution are both accelerating and unpredictable. The only…
Interswitch Limited, today announced a strategic partnership with Visa that is expected to expand the digital payments ecosystem across Africa, touted as the world’s most underpenetrated market. The partnership will see Visa, a digital payment platform acquiring a significant minority equity stake in Interswitch, making it one of the most valuable African FinTech businesses with a valuation of US$1 billion. This will also see Visa among other globally renowned investors like Helios Investment Partners, TA Associates and IFC that have shares in Interswitch, alongside Company management. According to Mitchell Elegbe, Founder and Chief Executive of Interswitch, the partnership will create…
These terms: cyberspace, cybercrime, cyberattacks and cybersecurity are increasingly gaining ground in today’s society. They are readily on the lips of individuals, ranging from small businesses and corporations to governments. The entry of these terms into the common lexicon shows the pervasiveness of the Internet today. While cyberspace, according to Wikipedia, refers to the virtual computer world, it is today a conventional means to describe anything and indeed everything associated with the Internet and the diverse Internet culture. It has become evident that the growing access to mobile internet services and the widespread, interconnected digital technology brings cyberspace within the…
For the second year running, Microsoft through the 4Afrika initiative, is the lead sponsor of the 2019 Data Science Nigeria (DSN) Artificial Intelligence (AI) bootcamp, an all-expenses-paid learning bootcamp that builds Nigeria’s capacity in the use of advanced machine learning and deep learning concepts and drives the application of AI for socio-economic development. The bootcamp will be held between 19 and 24 November 2019 in Lagos and will focus on the use of modern tools, particularly Microsoft Azure in Deep Learning, applied to concepts including convolutional neural networks, cognitive systems and natural language processing. The bootcamp is driven by a…
