Author: ITPulse

Nigeria’s largest Systems Integration Company, CWG Plc achieved an improvement in the 2018 financial year, as it has been able to cut loss after tax by 24 percent. The Group loss after tax declined from N1.5 billion in 2017 to N1.1 billion in 2018. This was disclosed last week in Lagos at the company’s 2018 Annual Shareholders general meeting and report presentation. The current financial result also showed a 95 percent decline in inventory from N1.3 billion to N1.6 billion, which indicates the Group’s efficiency in converting inventory into revenue. Also, the closing inventory balance consists of work in progress…

Smile Telecoms, a Pan-African 4GLTE telecommunications group with operations in Nigeria, Uganda, Tanzania and the Democratic Republic of the Congo, has formally entered into a partnership with Skyroam Simo, the world’s leading mobile Platform as a Service (PaaS) company providing global data access services. This is a great partnership that will enable more Africa mobile users to seamlessly connect to the best 4GLTE mobile network with improved coverage, faster speed, and more flexible plans. Explaining what informed the partnership, Ahmad Farroukh, Smile’s Group CEO, stated that  “Smile is a leading 4GLTE carrier in Africa and we are always open to…

The internet has grown immensely in the last decade and growth continues to accelerate. This growth means that the amount of data present on the web has also grown to an enormous size. This data can be used to the benefit of many businesses in understanding market trends, customer behaviors and the growth or decline of a product. According to a recent report on global data management, 95% of the organizations in the US use their data sets and big data to understand their market and develop business strategies. There are a number of ways how big data can help…

In a country scoffed for “eating its young,” it is a rarity to find young people in Nigeria thrust with significant national responsibility. At just 31, Uzoma Nwagba is driving Africa’s largest social enterprise programme. He is the Chief Operating Officer (COO) of the Government Enterprise and Empowerment Programme (GEEP), one of the National Social Investment Programme (NSIP) under the Office of Vice President, Prof Yemi Osinbajo. Implemented by the Bank of Industry, GEEP comprises FarmerMoni, MarketMoni and TraderMoni products with a current total of about 2 million beneficiaries. The technology-driven collateral-free and interest-free micro-loan scheme is an integral part…

Nigeria’s premier bank, Firstbank Plc has expanded its financial inclusion drive by adding over 27, 000 banking agents to its network. This, the bank said is part of the Central Bank of Nigeria’s objective to bring financial services closer to the citizens. The 27, 000 agents riding on the Firstmonie agent network are available in all 774 local government areas in the country. A statement, it issued on Monday says “We are happy to announce that Firstmonie agent network, designed by FirstBank to solve the challenge of access to financial services has reached over 27, 000 agents providing basic financial…

Nigeria’s minion has pledged to get all Universities in Nigeria connected as part of its continued Information Communication Technology support to the country’s educational sector. This is even as the West Africa’s leading connectivity and data centre solutions provider, is on the heels of the expansion of its network in Edo State, which will see the University of Benin connected soon and ultimately support the University ICT program. Pledging at a private meeting hosted by the Vice Chancellor of University of Benin, Prof. Faraday Orumwense, represented by the Deputy Vice Chancellor, Ekehuan Campus, Prof. Joel Agbolagbahe, the CEO, Funke Opeke…

The CWG smart metering venture has gained the Nigerian Electricity Regulatory Commission (NERC) recognition with the conferment of the METER SERVICE PROVIDER (MSP) Certification. The achievement of this MSP certification has come at a point in the Nation’s economy when potentials abound within the metering business for scale up. As hitherto, the operations of the CWG Smart Utility Systems had been limited to servicing clients within the real estate sector, with facilities management firms being the principal targets. With that model, there was virtually no leverage access to doing business with the electricity distribution companies (Discos). However, the recent conferment…

The African ICT Foundation last week at the 2019 Gnaoua Festival in Essaouira Morocco made a case for the active use of Assistive Technology for the aging and physically challenged persons, noting that such technology will alleviate the sufferings of the aged and that of people living with disability in Africa and the world in general. Ms. Lobna Smida, North Africa’s Regional Director, who represented that Foundation and delivered a presentation on a topic “Assistive Technology – Health, well-being and socioeconomic benefits of Assistive Technology for Africans everywhere, stressed on the need for ICT private and public sector’s practitioners to…

Technology Africa, organizer of the annual Titans of Tech Award has disclosed that the 2019 edition will focus on local content in ICT and infrastructure protection for socio economic growth. The focus was disclosed in a statement in Lagos, issued and signed by Don Pedro Aganbi, Managing Consultant, Technology Africa. The statement, noted that the event will holdin Lagos on Friday, July 19, 2019 at the Oriental Hotels Victoria Island with a special Roundtable on the growing importance of digital infrastructure protection in the quest to further Socio-economic Growth. It also revealed that the theme of the Leadership Roundtable is “Cyber…

Some stakeholders in the Nigerian educational and Information Communications Technology sector on Thursday in Lagos gathered to deliberate on how best to rejig the country’s educational system for optimum performance. Tagged, African EduTech Conference, the stakeholders at the event organised by the Nigerian-British Chamber of Commerce in collaboration with EduFirst.ng; a subsidiary of Skool Media with support from Olashore International School and other organisations, called for a situation that will ultimately reduce illiterate adults and out of school children put at 60 million and 10.2 million respectively. They argued that for the situation, which they described as ugly to be…