Author: ITPulse

  While law enforcement agencies are busy fighting cyber crimes, global cybersecurity company, Kaspersky has discovered yet another unusual means through which fraudsters make away with valuables from unsuspecting users of the Internet. This new scheme, according to Kaspersky lab experts is the distribution of an unusual fraudulent scheme that tricks users into parting with their time and their data, for no return. The fraudsters create fake websites for the free generation of gift cards, cybercriminals are able to “sell” users’ data to third party partner sites, to which they redirect victims.  The experts explained that websites that offer customers…

  Telecom, media and tech news and events company, TMT Finance has predicted that financial transactions made via the internet or a mobile phone are expected to grow from US$200million in 2018 to a whopping US$3billionn by 2020. This prediction, according to TMT Finance is based on the increasing demand for financial services via the Internet and the mobile phone.  “The increasing demand for payment transaction and lending services are attracting investment from mobile operators, banks and international funds, all jostling to position themselves across the continent. These new initiatives also achieve inclusive goals set by international development finance institutions,…

By Long Williams Esq. The recent scandal involving the ICT provider and one of the Presidential Candidates in the NBA 2018 election compelled Mr A.B. Mahmoud SAN, the President of NBA to summon a meeting  involving the National Officers, the Contestants and Major Stakeholders like the Past Presidents and Secretaries for consultation on the way out of the imbroglio. At these meetings, the majority of the participants saw everything wrong with the fact that one of the Presidential Candidates shares a relationship with the Chairman of Chams Plc,  the ICT Provider for the election. In a reply  sent to…

The federal government of Nigeria has fielded Dr. Abubakar Sadiq Hussani as its candidate for the position of Secretary-General of the African Telecommunications Union (AtU) in the forthcoming ATU Plenipoteniary Conference holding August 16-17, 2018 in Nairobi, Kenya. In the last one week, Nigeria signified its interest to compete for the exalted position of the Secretary General of the Africa Telecom Union (ATU), the African teleocm body for the period 2019 to 2022 through a diplomatic note verbale  No. A.90/2018 dated 13th July 2018 sent by the federal government and published by the ATU on its webpage, among other documents acknowledged…

  The GSMA Intelligence’s Spectrum Prices in Developing Countries study, has revealed that developing countries such as Nigeria pay three times more for spectrum than in other locations around the world. The study believes this has taken a toll on these developing markets, leading to rise in price and hampering access, especially for mobile services. Speaking at the ongoing Mobile 360 Series in Kigali, Rwanda, GSMA head of Spectrum, Brett Tarnutzer described the huge differences in the cost of acquiring spectrum as a major roadblock to mobile penetration in the developing countries. “Connecting everyone becomes impossible without better policy decisions…

  The GSMA has disclosed that mobile ecosystem in Sub-Saharan Africa will contribute 8 percent to the Gross Domestic Product of Sub-Saharan Africa by 2022, representing $150 billion in value to the economy. This indicates an increase when mobile technology services contributed 7.1 percent, representing $110 billion of economic value in 2017. According to GSMA, the gains come as countries continue to benefit from improvements in productivity and efficiency, particularly due to the increase in mobile internet adoption. Some 3 million jobs were supported by the industry in 2017, and it contributed almost $14 billion to public sector funding in…

  More than half of the population in Sub-Saharan Africa is expected to have subscribed to mobile services at the end 2025, the GSMA has predicted at the ongoing Mobile 360 Series event in Kigali, Rwanda. This is because the mobile phone is presently the primary channel for getting on and a vital tool for improving lives. “The rise of mobile and digital technology has unlocked new opportunities across the African continent, providing a platform for innovation, creating new opportunities and services, and providing employment opportunities,” said Akinwale Goodluck, GSMA’s head of Sub-Saharan Africa, while opening the event. GSMA believes…

  The Nigerian Communications Commission (NCC) has met with the House Committee on Financial Crimes in a bid to tame the reccurring challenges of  Call Masking, Call Refiling and Sim Boxing. The meeting became necessary because the phenomenon poses great security challenges and economic sabotage to the industry. Speaking at the meeting, the Executive Vice-Chairman of NCC, Professor Umar Danbatta, explained that call masking of calls with another number, especially international calls has been trending since September 2016 when NCC reviewed the International Termination Rate (ITR) to N24.40. He added following the implementation of the reviewed ITR to N 24.40,…

  By Martin Ekpeke Services and professional advisory company, KPMG has advised companies who want to remain relevant in the ever changing business environment to adopt digital innovations or slowly phase out. The advice was given on behalf of KPMG by Bunmi Akinyemiju, Managing Director/Chief Executive Officer of Venture Garden Group at the 2018 KPMG Alumni Cocktail, held in Lagos last week. Akinyemiju argued that given the vulnerability of industries as a result of the taking over by digital disruption, there is a heightened customer expectation, and that any business that is not able to leverage digital offering to scale…

  One of Africa’s leading Business to Business (B2B) e-commerce platform, Afrimart has officially launched its E-Commerce platform specially designed to create new business opportunities for African Small to Medium Enterprises (SMEs), general merchants and service providers. The platform, according to Afrimart  will create visibility and accessibility to African buyers and suppliers and ultimately, lead to growth. Speaking on the platform, which is a one-stop-shop for all things African, Fredrick Igbinedion, Afrimart’s President and Founder, said the central aim of Afrimart is to create an infrastructure that supports rapid growth of seamless trade of goods and services across Africa and…