Author: ITPulse

By Oladotun Roy Nigeria’s technology ecosystem is entering a critical phase of development, attracting global capital and connecting local commerce to international markets. Tech platforms are no longer simply developing software; they sit at the intersection of high-value payments, foreign exchange, and cross-border settlement. Yet, this evolution introduces a severe strategic vulnerability: financial crime. The long-term sustainability of Nigeria’s tech economy will ultimately depend on trust, contract enforcement, and the ability to prevent sophisticated digital fraud from undermining legitimate business. The recent crisis involving Zacuten Technologies and Plaude Technologies illustrates the danger. Zacuten alleges it was defrauded in a $13.07…

The National Information Technology Development Agency (NITDA) has called for a unified regulatory approach across government institutions to tackle red tape, overlapping mandates and delays confronting investors in Africa’s digital infrastructure sector. The Director-General of NITDA, Kashifu Inuwa, made the call while speaking at a Regulatory Roundtable session titled, “Regulations that Builds: Aligning Policy and Digital Infrastructure Investment Priorities,” at the ITW Data Cloud Africa 2026 event. Inuwa said investors, both foreign and domestic, should not have to navigate a fragmented network of government agencies with overlapping responsibilities when entering or expanding within the market. According to him, government institutions…

By Martin Ekpeke The management of Moniepoint, a leading African financial technology company, has called for direct collaboration and knowledge-sharing among fintech builders to drive overall industry improvement. Speaking at the inaugural Moniepoint “Off the Record Engineering Mixer” in Lagos, the company highlighted that the technical hurdles of operating financial systems at scale are shared across the ecosystem rather than proprietary. The closed-door gathering brought together senior engineering leaders from prominent fintech platforms, including Flutterwave, Cowrywise, and Nomba. Conversations focused on two core themes: “Building for Scale, The Trade-offs of Distributed Systems in Fintech” and “Building Distributed Systems for POS…

By Abigail Mbah Uber has paid out a one-time goodwill sum of ₦40,000 to some of its former drivers in Nigeria, days after shutting down operations in the country. The ride-hailing company ended its services in Nigeria and Uganda on September 2, 2026, closing a 12-year chapter that began with its launch in Lagos in 2014. In messages to drivers around the shutdown, Uber said it would make a final one-off payment to help with the transition. Drivers who qualified have since seen the money land. The payment shows up in the app as “Promotion – Goodwill Gesture.” It was…

By Abigail Mbah MTN Nigeria has begun disbursing a ₦545.9 billion interim dividend to its shareholders, one of the largest payouts by a listed Nigerian company in recent years. The telecoms giant is paying ₦26 per share for the first half of 2026. The distribution follows a sharp rise in profitability, with profit after tax climbing 70.6% to ₦707.5 billion. Service revenue for the period reached nearly ₦3 trillion, supported by strong growth in data services. Shareholders will not receive the full headline amount. A standard 10% withholding tax applies, which means the Nigerian government will collect roughly ₦54.6 billion…

Recognized among an elite international cohort for a two-decade campaign to reach Africa’s 100 million out-of-school children and reposition the continent’s economic future Mr. Timothy Olukayode Akano, Founder/CEO of New Horizons Africa Group and one of Africa’s most decorated technopreneurs, has been named a Finalist for the 2026 Humanity Flourishing Prize, a global recognition awarded by I AM HUMANITY, the U.S.-registered nonprofit movement dedicated to the long-term flourishing of humanity and life on Earth. The nomination places Mr. Akano among what organizers describe as “an extraordinary group of nominees working across many countries and fields of endeavor,” selected for contributions…

.…Cybersecurity veteran to drive regional growth, strengthen partner ecosystem and advance identity security across MEA Saviynt, a leading provider of identity security solutions, today announced the appointment of Kamel Heus as Vice President of Sales for the Middle East and Africa (MEA). Based in Dubai, Heus will lead Saviynt’s business across the MEA region, including Turkey, as the company advances its growth and strengthens its presence in key markets. In his new role, Heus will drive new business, renewals and customer expansion across MEA, while leading Saviynt’s regional channel strategy, expanding its partner ecosystem, and building out the company’s local…

A new global Kaspersky survey reveals that 86% of small and medium-sized businesses (SMBs) globally and 82% in the Middle East, Turkiye, and Africa (META) region suffered at least one cyber incident in the past year. The study highlights the primary motives of threat actors, warns of the severe consequences facing businesses, and stresses the urgent demand for purpose-built security solutions. According to IT and security professionals polled, the most damaging cyber threats include phishing attacks, software and web application exploits, mass malware, ransomware, compromised external remote access and attacks exploiting AI vulnerabilities Commenting on the survey, Ilya Markelov, Head…

Global cybersecurity firm Kaspersky has unveiled a four-step framework designed to help small and medium-sized businesses (SMBs) mitigate the risk of financial and operational losses caused by cyber incidents. The recommendations follow a global survey of 1,800 industry professionals, including 616 SMB representatives across 18 countries highlighting the growing vulnerability of smaller enterprises to sophisticated digital threats like malware and ransomware. To address the unique operational constraints of smaller firms, Kaspersky emphasizes the need for flexible, purpose-built tools that scale alongside business growth. “Kaspersky Next Optimum, our flagship offering for this segment, is engineered to bring expert and flexible security…

The Institute of Software Practitioners of Nigeria (ISPON) has inaugurated Mr. James Agada as its new president, with a mandate to establish a National Software Industry Registry. He said the registry, which will be established within the next six months, will help the software sector address its visibility challenge, where the latest data from the National Bureau of Statistics (NBS) indicates that the sector contributes less than 0.2% to Nigeria’s Gross Domestic Product (GDP). Speaking during his inauguration as President of ISPON’s 2026/2028 National Executive Committee, Agada questioned the reported economic footprint of the industry, noting that despite employing over…