Author: ITPulse

  By Kester Omu The Association of Licensed Telecommunications Operators of Nigeria (ALTON) and MTN Nigeria, have condemned in strong words the action of the Nigeria Labour Congress, which led to the destruction of MTN properties in Lagos yesterday. The Nigeria Labour Congress had stormed the office of MTN Nigeria yesterday on the ground that the telecom company deliberately refused its staff to be involved in the activities of the trade union. But ALTON, an umbrella body of telecommunication companies in Nigeria in a statement signed by its Chairman, Engr. Gbenga Adebayo described the picketing of the offices and disruption…

Pan-African Information and Communication Technology company, CWG Plc said it has created various platforms that would help reach a major milestone of processing 60 million transactions every month by the year 2020. This was disclosed by the company’s Chief Executive Officer, Mr. James Agada while reviewing the performance of CWG at its Annual General Meeting in Lagos last week. He said CWG took this decision because it is convinced businesses that provide such platforms at scale will be the survivors and winners in the ever-changing information technology landscape. Some of the platforms that will give CWG the milestone, range…

  Pioneer bank, Firstbank Plc has consolidated its position as the oldest and largest bank in Nigeria by launching a digital lab, which it says will help reinvent the bank as the leader in digital financial offerings. Situated in Yaba, Firstbank said the lab is part of the bank’s well-thought-out strategies to remain at the forefront of emerging technology in the financial space within Nigeria and beyond. “We have a responsibility as the oldest and largest bank to ensure we are at the forefront of disruptions that is disrupting the entire financial market,” said Dr. Kazeem Adeduntan, Managing Director of…

  Nigeria’s potential as a technology market hub continues to attract attention from international organizations. Swype Global Ltd, a UK digital startup has made a strategic entry into Nigeria with a 50% investment in SGL-Swypatune Nig. Ltd. This entry is in a bid to properly harness the potential of music talents in Africa using digital technology. The entrance will serve as a catalyst for strategic partnerships with relevant stakeholders who are poised to embrace the vision of leveraging digital technology, primarily focused on eliminating the barriers impeding the growth of upcoming artistes in Nigeria. Music talent discovery in Nigeria still…

Business leaders are becoming increasingly conscious of the impact cybersecurity can have on business outcomes. Gartner, Inc. has identifies six trends that security leaders should harness to  increased support and take advantage of six emerging trends, to improve their organization’s resilience while elevating their own standing. Senior business executives are finally becoming aware that cybersecurity has a significant impact on the ability to achieve business goals and protect corporate reputation. IT security is a board-level topic and an essential part of any solid digital business strategy. Business leaders have not always been receptive to this message, but a recent string…

  In the United States, if you have an Apple iPhone or iPad, it’s a strong sign that you make a lot of money. That’s one of the takeaways from a new National Bureau of Economic Research working paper from University of Chicago economists Marianne Bertrand and Emir Kamenica. “Across all years in our data, no individual brand is as predictive of being high-income as owning an Apple iPhone in 2016,” the researchers wrote. There are details and caveats to the research, but the economists found that owning an iPhone gave them a 69 percent chance to correctly infer that…

By Damilola Fasawe Transitioning from logistics to Fintech is not an easy feat, but the fantastic thing for me was applying technology in the new industry I was moving to. My career navigation to building a business in the digital technology space cannot overemphasise the importance of technology when building a business or developing an idea. I have always wanted to be involved in core digital technology, and when the opportunity to be a part of the Flutterwave team came up, I jumped at it. Being a program manager helped me onboard faster as I am privy to many processes…

  Zeta-Web Nigeria Limited, has announced the appointment of Mr. Chris Obasi to replace Mrs. Jumoke Ogunmodede as the company’s new Managing Director with effect from 1 July 2018. According to a statement issued in Lagos, Chris Obasi brings with him 20 years of industry leadership experience and knowledge of provisioning ICT services and solutions. “Prior to Obasi’s appointment as Managing Director of Zeta-Web, he was the General Manager, IT & Facilities for MultiChoice Nigeria,”the statement disclosed. The statement also quoted the outgoing Managing Director for Zeta-Web, Mrs. Jumoke Ogunmodede, saying in her welcome address that  Obasi’ appointment brings immeasurable…

  By Martin Ekpeke CWG Plc has recorded a 13.7 percent loss in its 2017 financial year. A loss the company touted as largest system Integration Company in Nigeria explained, was occasioned by unfavorable economic conditions in its operating environment. Speaking at the company’s Annual General Meeting held in Lagos, CWG’s Chairman, Mr Philip Obioha noted that despite the steps the company had taken to steer it away from its traditional business which is heavily dependent on foreign exchange, the effects of earlier transactions impacted the company’s performance in the 2017 accounting period. According to him, a culmination of the…

  By Martin Ekpeke The GSMA has stated the Nigerian Communications Commission (NCC), has taken the right steps with the spectrum trading and sharing policies, saying it will allow for an environment that will be better at the efficient use of scarce spectrum resources. The umbrella body that represents the interests of mobile network operators worldwide, also disclosed that it has a long-standing engagements with the NCC with regards to the need to develop guidelines to facilitate the transfer, leasing and sharing of spectrum. The engagement, according to GSMA includes liaison with its members, participation and presentations at local workshops…