Author: ITPulse

  The latest research conducted by the Counterpoint’s Market Monitor service, indicated that the global smartphone shipments witnessed a decline of 4 percent annually in the fourth quarter of 2018, making it the fifth consecutive quarter of smartphone decline. The researchers attributed the decline to a number of factors. Chiefly, is the refusal of user to replace their smartphone, especially in developed markets of US, China and Western Europe. “Consumers held on to their devices longer due to the absence of groundbreaking innovations and higher prices of devices being offered by the OEMs,” said Tarun Pathak Associate Director at Counterpoint…

  A new regulation of the Central Bank of Nigeria (CBN), has stipulated a penalty of N2.5million on Deposit Money Banks and other Financial Institutions on every repeated occurrence of specific infractions and termination of the use of the unapproved end-to-end e-payment solution. Particularly, the new regulation will affect payments of salaries, pensions and other remittances, suppliers and revenue collections in Nigeria with regards to end-to-end electronic payment. Citing a circular, the Punch Newspaper, noted that the apex bank said the objective of the end-to-end electronic payment of salaries, pensions, suppliers and taxes initiative was fully aligned with the core…

  British multinational banking and financial services company, Standard Chartered has excluded Nigeria in the launch of its second wave of digital-only retail banks across African markets. Rather, the international banking group said, the solution, which it noted, is a response to growing consumer demand for innovative banking services on the continent will be launched in four other markets in Africa, which the Bank described as key in their retail banking quest. They are starting in Uganda in January, followed by Tanzania in February, with Ghana and Kenya to follow, disclosing that the launch in these four countries followed the…

  The Association of Telecom Companies of Nigeria (ATCON), is set to host stakeholder to what it tags ‘Post-Nigeria National Broadband Plan 2013-2018’ on the 7th of February 2019 in Abuja. The theme of the forum is “the Nigeria National Broadband Plan 2013 – 2018: Success, Prospects and Challenges”. According to a statement in Lagos by ATCON’s Executive Secretary, Mr. Ajibola Olude, the purpose of the forum is to principally see how the entire industry (Telecoms/ICT) could work towards achieving a greater broadband penetration in the next five years. “No doubt the National Broadband Plan has helped all stakeholders to…

  The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has asked MTN Nigeria to pay the revised N50, 000,000 (Fifty million Naira) Social Services Contribution Levy (SSCL) to the state revenue agency for the sake of what it considers national interest. The Chairman of ALTON, Engr. Gbenga Adebayo stated this in a press statement Lagos, urging MTN to seek redress in court afterward. “In a bid to resolve the current impasse between MTN and the Kogi State Government over disputed taxes, it would nice for both parties to prioritize the national interest and always explore dialogue or seek legal…

The Director General of the National Information Technology Development Agency (NITDA), Dr. Isa Pantami has explained how the local content development policy of the federal government has boosted sales for Original Equipment manufacturers in Nigeria. Pantami, who was speaking at a press conference in Abuja, disclosed that in accordance with the directive of the government on local content, Original Equipment Manufacturers sold 788,295 computer systems in five years. The sales, according to him increased massively between 2016 and 2017.  “The local content policy has resulted in an exceptional increase in the patronage of locally-assembled devices. Records have shown that in…

  Again, Nigeria’s telecom regulator, the Nigerian Communications Commission is set to intervene in the base station imbrioglo between the Kogi State government and MTN Nigeria later this week. The Kogi State government had last week closed down several base stations belonging to MTN Nigeria, thereby disrupting telecom services in Lokoja, Obajana and other bordering communities. The government blamed  the action on the refusal of MTN to offset an outstanding tax liability of N120 million to the state government. It says MTN only paid a paltry N250, 000. “Paying a paltry N250, 000 out of N120 million is an abuse…

Nigeria’s Renmoney, which provides convenient loans, savings and fixed deposit products to Nigerians has deployed Freshworks customer engagement software to improve its customer service engagement. The Fintech company had in last year delivered over 95,000 loans to individuals and small businesses via its website, contact centre, agent network and branches. These interactions were made across multiple channels, which created complexities that made it challenging to maintain a holistic view of each customer. “Using multiple solutions to handle customer data was significantly affecting our ability to scale and serve more customers. We needed a solution that would meet our needs without…

  The National Association of Nigerian Students, an umbrella body of all higher institution’s students in Nigeria last week  declared the President and Chief Executive Officer of Medallion Communications Limited, Engr. Ikechuckwu Nnamani 2018 ‘Man of the Year’. Presenting the ‘Man of the Year’ award to Nnamani in a brief ceremony in Lagos, the Public Relations Officer of NANS, Comrade Jeremiah Olatinwo said Nnamani, who is also the first Vice President of the Association of Telecom Companies of Nigeria was painstakingly selected for the award owing to his effort in the development of Communications Technology in Nigeria. The award, which…

  The Kogi State government has again shut down several base stations belonging to MTN Nigeria, thereby disrupting telecom services in Lokoja, Obajana and other bordering communities. This shutting down is coming barely two months, when the state government closed down over 160 base stations, leading to a total blackout of telecom services in the state and other neighbouring states of Nassarawa, Benue, Enugu, Anambra, Edo, Ondo, Ekiti, Kwara, Niger States and parts of Abuja, the Federal Capital Territory. This time, Jamil Isah, director, legal services and enforcement of Kogi State Internal Revenue, who led other staff to seal the…