Author: ITPulse

President Tinubu’s signing of the Securities and Investment Act 2025 on March 29th marks a pivotal moment in Nigeria’s financial history. This landmark legislation, lauded for its forward-thinking approach, particularly regarding digital assets, has been met with widespread commendation, especially from Virtual Asset Service Providers (VASPs). The Act modernizes the nation’s capital market framework and positions Nigeria as a potential leader in the African digital finance landscape. Here are four key provisions: Digital Asset Regulation: The Act formally recognizes and regulates virtual assets, including cryptocurrencies, as integral components of the capital market. This provision provides much-needed clarity and structure, fostering…

amsung Electronics has taken a bold step in enhancing user experience and inclusivity by introducing Hausa, Igbo, and Yoruba as official language options on selected Samsung Galaxy devices. The feature, which is now available on the Galaxy S25, A56, A36, and A26 devices, reaffirms Samsung’s commitment to delivering innovative technology that speaks the language of its users. With this groundbreaking update, Samsung users across Nigeria can now navigate their smartphones in their preferred local language, making technology more accessible, while also upholding our cultural heritage. A Celebration of Culture and Technology To mark the launch, Samsung hosted a cultural-themed press…

Sara Pinheiro, Regional Manager for Paygilant, a leading provider of fraud prevention solutions, has ignited a powerful call for greater female representation within Africa’s rapidly expanding technology ecosystem. Her impassioned plea came during a panel session at the International Women’s Day 2025 event hosted by African Women in Tech (AWIT) in Lagos. Pinheiro’s address resonated deeply with attendees, emphasizing the critical role women play in driving innovation and sustainable growth within the African tech landscape. She highlighted the inherent limitations of a sector dominated by a single perspective, arguing that true technological advancement necessitates the inclusion of diverse voices and…

A new report from Sophos, a global leader in cybersecurity solutions, reveals critical insights into attacker behavior in 2024. The 2025 Sophos Active Adversary Report, based on over 400 Managed Detection and Response (MDR) and Incident Response (IR) investigations, highlights the speed and efficiency with which cybercriminals are now operating. “Passive security is no longer enough. Organizations must actively monitor networks and respond swiftly. Proactive monitoring, as seen in MDR cases, significantly reduces dwell time and improves outcomes,” said John Shier, field CISO. Here are the seven key findings: Remote Services Are Prime Targets: Attackers primarily gain initial network access…

A new player, Vitel Wireless, is poised to enter Nigeria’s telecommunications market in the second quarter of 2025, promising to challenge the dominance of the country’s four major operators. Wireless Technology Labs (WTL) has announced the completion of Vitel’s network infrastructure and international roaming capabilities, paving the way for the launch. Vitel Wireless, headquartered in Lagos and licensed by the Nigerian Communications Commission (NCC) in 2023, will be Nigeria’s first Mobile Virtual Network Operator (MVNO). The company plans to initially launch its services in major Nigerian cities, followed by a nationwide expansion. Vitel aims to offer competitive pricing on standard…

Dr. Vincent Olatunji, head of Nigeria’s Data Protection Commission, has been appointed Chair of the Anglophone Countries Committee within the Network of Africa Data Protection Authorities (NADPA). This appointment, formalized on April 2nd, 2025, positions him to lead efforts in bolstering data privacy and protection across the region. Dr. Olatunji accepted the role, emphasizing the significance of Nigeria’s leadership in safeguarding the data rights of over 1.4 billion Africans. He called for a collaborative effort among member nations to ensure effective data protection practices. This appointment coincides with Nigeria’s upcoming hosting of the 2025 NADPA Annual General Meeting and Conference,…

A major test for the Nigerian judiciary was the March 20, 2025 judgment of Justice Akpan Okon Ebong of the FCT High Court, who struck out a case filed by Mr. Femi Falana SAN, purporting to act on a fiat donated to him by the Attorney General and Minister of Justice of the Federal Republic of Nigeria, Mr. Lateef Fagbemi SAN, against the Chairman of Zinox Technologies, Mr. Leo Stan Ekeh, and 12 others. In the certified true copy of the judgment, Justice Ebong ruled as follows: “It is my conclusion based on the foregoing that this charge (No. FCT/HC/CR/985/2024, Federal…

Equinix has significantly bolstered Nigeria’s digital infrastructure with the official opening of its new LG2.3 data center in Lagos. This expansion underscores Equinix’s commitment to strengthening Nigeria’s digital economy by providing cutting-edge colocation and interconnection solutions. The facility, designed to support the nation’s accelerating digital transformation, will empower businesses across the region. The inauguration event, led by Equinix’s EMEA President Bruce Owen, featured a ribbon-cutting ceremony, a meeting with the Lagos State Governor, and a customer engagement event. These events emphasized Equinix’s dedication to fostering partnerships and driving innovation within Nigeria’s technology sector. Discussions centered on the role of Equinix’s…

Abiola Adelana is a visionary leader whose career blends finance, culture, and innovation. With over 15 years of experience in banking and strategic development, she brings unmatched expertise to her role as Co-Founder of Pashione, an e-commerce platform dedicated to connecting Africans in the diaspora with authentic African fashion and heritage. As the Tourism and Creative Arts Business Manager at Sterling Bank, Abiola has led groundbreaking initiatives to revive Nigeria’s tourism sector through sustainable financing. She is credited with establishing Sterling Bank as the first Nigerian financial institution to formally support the tourism industry, earning national and international recognition for…

EcoFlow, a global leader in renewable energy solutions, has launched its operations in Nigeria, introducing the revolutionary RIVER 3 Max Plus to combat the nation’s persistent power challenges. The official launch, held on March 28, 2025, at the Tech Experience Center in Lagos, marked a pivotal moment in Nigeria’s pursuit of sustainable energy solutions. Addressing Nigeria’s critical energy infrastructure issues, where frequent blackouts disrupt daily life and economic activity, EcoFlow presented the RIVER 3 Max Plus as a viable alternative to traditional, noisy, and polluting generators. In a nation grappling with unreliable grid connectivity, the RIVER 3 Max Plus offers…