Author: ITPulse

Latest research finding from Counterpoint’s Market Pulse April Edition, has shown that Apple’s iPhone X remained the best-selling smartphone in March, dominating the whole first quarter to be the number one smartphone. The sales of iPhone 8 Plus improved during March, due to a push from Apple making it the second best-selling smartphone globally. Meanwhile, Xiaomi’s Redmi 5A became the best selling Android smartphone in March, a first for Xiaomi. Redmi 5A was also the third overall best-selling smartphone model in March. Oppo’s mid-segment smartphone the A83 continues to do well in the market since its launch in January.…

  The University of Jos in North Central Nigeria is seeking a partnership with the Nigerian Communications Commission (NCC) on research and development. The partnership when finally sealed would ultimately come up with innovative technologies that will help the advancement of humanity and help curb cybercrimes and, train youths in ICT so that they could be self- dependent. The educational institution mulled the idea when a delegation comprising six top Management of the University and led by by Professor Theresa Nmadu, Deputy Vice-Chancellor Administration, paid a courtesy call to the Executive Vice-Chairman/CEO of NCC, Prof. Umar Danbatta. According to Professor…

Amidst a global shift towards digital innovation, few industries have witnessed as much transformation as the payment sector in Africa. For instance, over the last decade in Nigeria, numerous companies have been adopting alternate means of payment for faster business transactions and reconciliation. Leading this payment transformation is Cellulant; an African payments company at the forefront of innovation, paving the way for accessible, efficient, and alternative secure payment solutions for merchants and consumers alike across the continent.  in the last five years specifically, Cellulant’s commitment to digital payment and business excellence in Nigeria hasn’t’ gone unnoticed, which is why; today,…

One of Nigeria’s innovative and retail financial institutions has rolled out a product it called Skye Select, an account for the discerning priority client who requires fast, efficient, convenient and value-added services. Speaking about the product in Lagos, Mr. Ndubisi Osakwe the lender’s Group Head, Product and Innovation Group at Skye Bank noted the product was deliberately designed to excite their customers, especially regular travelers. Osakwe in a statement quoted an Aba based customer Mr. Sylvester Nwanyawu, as expressing delight with the Skye Select account. He said: “I was travelling with some of my business associates without knowing that being…

  Mr. Michael Thompson Williams, a Medical doctor turned cyber criminal has revealed details of how Nigerian banks are vulnerable to all sort of cyber criminality and can be hacked easily. Williams, who was paraded by the Lagos State Police Command yesterday, said Nigerian banks, including government owned accounts are easily penetrated. The 28 years old international hacker, revealed how he siphoned dollars from the account of American leading Hollywood actor, John Travolta. He said he has been monitoring Travolta’s account through a programmed device, where cash running into millions of US dollars were diverted weekly. He explained that he…

The founder of the Ausso Leadership Academy, Mr. Austin Okere speaks to Journalists in Lagos, on the motivation behind the setting up of the Academy and how it will build entrepreneurs to have double digit growth in their revenue. ITPulse’s Martin Ekpeke was there. What are the motivations behind the Ausso Leadership Academy? Three things motivated me to set up the Ausso Leadership Academy; I want to give to entrepreneurs the advice I would have given my younger self. Maybe if I had somebody to advise me, I wouldn’t have made some of the mistakes I made in my entrepreneurial…

  Some technology enthusiasts and analysts have identified terrestrial fiber as one of the hindrances slowing down the uptake and increased penetration of the Internet on the African continent. The experts stated this at the Africa Session of the International Telecoms Week conference in Chicago last week. During his presentation on the theme “Enabling Content on the African Continent”, Chief Executive Officer of research firm, Xalam Analytics, Guy Zibi analyzed the African digital journey, highlighting dramatic changes that have altered the dynamics of the digital transformation of the continent. According to him, the international capacity challenge has been solved, with…

HMD Global, which designs and sells Nokia brand phones, today said it has raised USD 100 million from Geneva-based Ginko Ventures and other investors to scale its business operations. “This round of investment has been led by Geneva-based Ginko Ventures via Alpha Ginko Ltd with participation from DMJ Asia Investment Opportunity Ltd and Wonderful Stars Pte Ltd, a subsidiary of FIH Mobile Ltd,” HMD Global said in a statement. With the latest round of funding, HMD Global’s current market valuation exceeds USD 1 billion, giving it a unicorn status, it added. “In 2018, the company plans to aggressively expand…

  By Temitope Osunrinde Technology companies and the rise of the one-tap economy Technology companies have transformed the world over the last two decades, and for good reason. They have overtaken Oil and Gas and Manufacturing hegemons to become the biggest contributors to the global economy via the largest public companies in the world, with billion-dollar unicorn valuations previously never envisaged. Technology companies have been termed disruptors, and have leveraged increased internet adoption to chart new territories, creating new industries and reinventing older ones. No industry is left untouched, as technology has transformed fields as diverse as shopping, education and…

  The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele has finally admitted that financial technology, that is called in the financial services industry as Fintech, has become a real threat to the banks. This is despite the opposing views in some quarters that Fintech is not a threat to the banking, rather it is a compliment. According to Newspaper reports, Emefiele stated this in his goodwill message at the investiture of the CIBN’s 20th President and chairman of council in Lagos on Saturday. “In our industry, we have a common threat. The enterprise management risk, particularly…