Author: ITPulse

<a href=”http://itpulse.com.ng/wp-content/uploads/2015/09/smile-logo.png”><img class=”alignleft size-medium wp-image-814″ src=”http://itpulse.com.ng/wp-content/uploads/2015/09/smile-logo-300×165.png” alt=”smile logo” width=”300″ height=”165″ /></a> [dropcap] S [/dropcap] mile has in ambitious move to become the broadband provider of choice for super-fast data and clear voice in each of its markets, has secured an equity financing of $365 million. The company said the fund will enable it to expand its 4G LTE broadband network in Nigeria, Tanzania and Uganda. The funding, according to the company will ensure that its customers experience and benefit from the power of high-speed mobile broadband compared to the narrowband services available to date. “The funding is an enabler of…

&nbsp; FBN Holdings Plc, the leading and most diversified financial services group in Nigeria, today announced major changes to its leadership team, effective January 1 2016. Mr. Bello Maccido, pioneer Group CEO, FBN Holdings, is leaving his position to become pioneer Chairman of the newly-licenced FBN Merchant Bank Ltd, while Mr. UK Eke (MFR), currently Executive Director, South, First Bank of Nigeria Ltd replaces him as Group Managing Director-designate, FBN Holdings Plc. Other changes at FirstBank will see the current Chairman, Prince Ajibola Afonja, retire and Mrs. Ibukun Awosika become the Chairman, First Bank of Nigeria Ltd.  Following a rigorous…

The director general of the National Information Technology Development Agency (NITDA), Mr. Peter Jack has explained that the agency is supporting this year’s DEMO Africa forum in accordance to its mandate of developing entrepreneurs in the country. The NITDA DG said the agency believes that DEMO Africa, the annual event starting from September 21-25 in Lagos is a launch-pad for technology start-up companies, adding that the event is capable of retooling technology leaders and entrepreneurs in Nigeria. “Africa is growing in strength and its youths are pointing to the direction of things to come. NITDA is committed to Demo Africa…

<strong><a href=”http://itpulse.com.ng/wp-content/uploads/2015/09/super.jpg”><img class=”alignleft size-medium wp-image-826″ src=”http://itpulse.com.ng/wp-content/uploads/2015/09/super-300×173.jpg” alt=”super” width=”300″ height=”173″ /></a></strong>Following the down turn in the international price of crude oil and its effect on oil dependent economy like Nigeria, Oluwatayo Alofun, the media interface at Supermart. ng, an online grocery store has urged the President Muhammadu Buhari to focus on trade and commerce as part of efforts to diversify the economy. Oluwatayo said trade and commerce is fast becoming an indispensable component of the non-oil sector of the Nigerian economy, revealing that the wholesale and retail space currently accounts for about $100 billion. He quoted a report by McKinsey, which…

<a href=”http://itpulse.com.ng/wp-content/uploads/2015/09/smile-logo.png”><img class=”alignleft size-medium wp-image-814″ src=”http://itpulse.com.ng/wp-content/uploads/2015/09/smile-logo-300×165.png” alt=”smile logo” width=”300″ height=”165″ /></a> [dropcap] S [/dropcap] mile has in ambitious move to become the broadband provider of choice for super-fast data and clear voice in each of its markets, has secured an equity financing of $365 million. The company said the fund will enable it to expand its 4G LTE broadband network in Nigeria, Tanzania and Uganda. The funding, according to the company will ensure that its customers experience and benefit from the power of high-speed mobile broadband compared to the narrowband services available to date. “The funding is an enabler of…

&nbsp; A report by the Global mobile Suppliers Association (GSA) has confirmed that LTE subscription globally is growing faster than any other mobile technology. <span style=”text-decoration: underline;”><span style=”color: #0000ff;”><a style=”color: #0000ff; text-decoration: underline;” href=”http://www.cellular-news.com/story/68012.php?s=h&amp;utm_campaign=newsemail&amp;utm_medium=email&amp;utm_source=newsemail” target=”_blank”>Read more</a></span></span> Quoting mobile data subscription submitted to the association by Ovum, UK based research firm, GSA said LTE subscription net additions continue to outpace all other mobile communications technologies with 755 million LTE subscriptions worldwide on 30 June 2015. According to Alan Hadden, Vice president of Research, GSA said: “441 million LTE subscriptions were added in the past year, equivalent to 140% annual growth. “For…

&nbsp; FBN Holdings Plc, the leading and most diversified financial services group in Nigeria, today announced major changes to its leadership team, effective January 1 2016. Mr. Bello Maccido, pioneer Group CEO, FBN Holdings, is leaving his position to become pioneer Chairman of the newly-licenced FBN Merchant Bank Ltd, while Mr. UK Eke (MFR), currently Executive Director, South, First Bank of Nigeria Ltd replaces him as Group Managing Director-designate, FBN Holdings Plc. Other changes at FirstBank will see the current Chairman, Prince Ajibola Afonja, retire and Mrs. Ibukun Awosika become the Chairman, First Bank of Nigeria Ltd.  Following a rigorous…

<strong><a href=”http://itpulse.com.ng/wp-content/uploads/2015/09/super.jpg”><img class=”alignleft size-medium wp-image-826″ src=”http://itpulse.com.ng/wp-content/uploads/2015/09/super-300×173.jpg” alt=”super” width=”300″ height=”173″ /></a></strong>Following the down turn in the international price of crude oil and its effect on oil dependent economy like Nigeria, Oluwatayo Alofun, the media interface at Supermart. ng, an online grocery store has urged the President Muhammadu Buhari to focus on trade and commerce as part of efforts to diversify the economy. Oluwatayo said trade and commerce is fast becoming an indispensable component of the non-oil sector of the Nigerian economy, revealing that the wholesale and retail space currently accounts for about $100 billion. He quoted a report by McKinsey, which…

<strong> </strong> MTN Nigeria has said an average Nigerian spend 5.5 percent of their monthly income before they can be able to purchase a mobile phone. Olusegun Salami, senior manager, Transmission Access Planning at MTN Nigeria stated this in a presentation he made at the Nigeria Information and Communications Technology Reporters’ Association (NITRA) quarterly seminar series held in Lagos last week. According to him, this has greatly hindered the penetration of smartphone in the country, where only about 12 million out the 150 million active mobile subscribers have access to smartphones. “Per capital income in an average Nigeria home is low,…

<strong> </strong> Speakers for this year’s Innovation Dinner scheduled to hold in Lagos, Nigeria on the 16 of September 2015 have been confirmed by the organizers. The theme of this year’s edition is ‘Transform to Better Perform: Information Technology’s role in driving competitive advantage, customer value and business growth in an uncertain economic environment’. The Innovation Dinner series is a premier gathering for IT Executives across all industries in Africa. Designed for Africa’s IT professionals, entrepreneurs and senior business people, the event provides a great opportunity for networking, acquiring information and strategic planning. It is being organized by IT News Africa, with sponsorship…