The Central Bank of Nigeria (CBN) has announced the change of Skye Bank name to Polaris Bank. The Governor of the apex bank, Mr. Godwin Emefiele also said a whopping sum of N786billion has been injected into the bank with the Asset Management Corporation of Nigeria mandated to commence sale process of the bank from Monday. Details later….
Author: ITPulse
The board of Abuja Teaching Hospital, was today at the Corporate headquarter of the Nigerian Communications Commission (NCC) over what it described as a Thank You visit. Specifically, the Board Chairman, Dr. Sam Sam Jaja, who led the delegation comprising the Chief Medical Director of the Hospital and Dr. Nicholas Baamlong, Chairman, Medical Advisory Committee, noted in his opening remark that they are compelled to pay a visit to the EVC/ CEO NCC to express their immense gratitude for the magnanimity accorded the hospital by the Management of NCC. “We are delighted and thought we should pay you a…
By Martin Ekpeke The 2018 African Ministers of Education and Information Technology Summit, which is scheduled to be hold in Kigali, the Rwandan capital next week will be without a representative from either the Nigerian Ministry of Education or Information Communications Technology. African countries confirmed for attendance for the annual Ministerial Round Table (MRT) meeting at eLearning Africa, reputed as the continent’s largest conference on technology assisted learning and training are Angola, Benin, Burkina Faso, Congo, Djibouti, Egypt and Equatorial Guinea. Others are Gambia, Ghana, Lesotho, Liberia, Mali, and Uganda. In an email response to ITPulse’s queries why any…
World Telecom Labs (WTL) say it has passed more than six billion calls lasting around ten billion (ten thousand million) minutes through its specialist VoIP switches deployed by five of Nigeria’s interconnect exchange carriers. The interconnect exchange carriers include Breeze Micro, Exchange, ICN, Niconnx and Solid – to build new VoIP networks across Nigeria with local switching enabled at new POPs in Abuja, Lagos, Port Harcourt, Ibadan and Kano. According to World Telecom Labs, the carriers chose to build VoIP networks rather than legacy TDM as it was both quicker and cheaper – and, with the use of WTL’s advanced…
Faced with the challenges of rising emissions, domestic energy resource constraints, ageing infrastructure and the growing demand and cost of electricity globally, the relatively new smart meter is anticipated to reach a whopping $10.4 billion market by 2022. This is the verdict of GlobalData, a leading data and analytics company in its latest report titled ‘Smart Meters, Update 2018 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2022’, This is despite the significant challenges as high meter pricing, lack of supportive incentives, poor meter standards, regulatory shortcomings and resource management. According to the report, nearly…
Vodacom Nigeria has called on telecommunication companies in Nigeria to seek improved collaboration aimed at helping deliver more efficient service for users. Vodacom Business Nigeria’s Commercial Director, Mr. Solomon Ogufere made the call during a keynote presentation at the NigeriaCom 2018 Conference and Exhibition, organised by Informa Telecoms Group in Lagos. According to him, with 4 billion consistent internet users all over the world and more than a quarter of a billion new users accessing the internet in 2017 alone, there is no better time than now for businesses to begin to focus on new collaborative strategies to help…
In the face of convergence, aided by the Internet, the Nigeria’s entertainment and Media (E&M) industry has been anticipated to generate a whopping $9.9 billion by 2022 representing a 21.5percent growth. According to PwC’s ‘Entertainment and media outlook: 2018 – 2022: An African perspective’, Internet access revenue will account for 89.6percent of this absolute growth, where the country saw a huge 25.5percent rise in E&M revenue in 2017 to US$3.8 billion, although US$605 million of this US$764 million rise was attributable to Internet access. Much of these revenues re attributed to the once separated the entertainment and media (E&M),…
Months after it announced its commercial readiness of Yahsat’s third satellite, Al Yah 3, Satellite broadband service provider, Yahclick says it has partnered Internet service provider Zeta-Web to expand reliable Internet access across the country. In a statement in Lagos, the company said the new partnership demonstrates Yahsat’s continuous investment in Nigeria to deepen the country’s broadband penetration and bring more areas and communities with reliable and high-performance connectivity. It says the technology will be tilizing the Ka-band frequency powered by High Throughput Satellite (HTS) spot beam technology that delivers higher capacity to smaller dishes, Yahsat – together with…
A new research findings by GlobaData, a leading data and analytics company has highlighted the performance of the Top 25 publicly traded global technology companies by Market Cap (Mcap) for the quarter ended June 30, 2018 (Q2) The top three in the list are Apple, Alphabet and Microsoft. In a statement, GlobalData said it compared to the quarter ended March 31, 2018 (Q1), have been analyzed in the latest research from GlobalData with the completed analysis revealing a number of interesting insights. GlobalData noted that there were two new entrants in the top 25 technology companies list in Q2…
The Nigerian Communications Commission (NCC) has anoounced the death of one of its Managers, Mr. Benjamin M. Ogbozor. In a Facebook Post, the telecom regulator said Mr. Ogbozor, who was until his death a Principal Manager in the Department of Corporate Planing, Strategy and Risk Management, died after a brief illness and admission at a hospital in Abuja, yesterday being September 14, 2018. The post reads: “The Management of the Nigerian Communications Commission regret to announce the sudden and untimely demise of its colleague, friend and enviable staff, Mr. Benjamin M. Ogbozor, popularly called Mr. Ben, who passed away…
