Author: ITPulse

  Mr. Michael Thompson Williams, a Medical doctor turned cyber criminal has revealed details of how Nigerian banks are vulnerable to all sort of cyber criminality and can be hacked easily. Williams, who was paraded by the Lagos State Police Command yesterday, said Nigerian banks, including government owned accounts are easily penetrated. The 28 years old international hacker, revealed how he siphoned dollars from the account of American leading Hollywood actor, John Travolta. He said he has been monitoring Travolta’s account through a programmed device, where cash running into millions of US dollars were diverted weekly. He explained that he…

The founder of the Ausso Leadership Academy, Mr. Austin Okere speaks to Journalists in Lagos, on the motivation behind the setting up of the Academy and how it will build entrepreneurs to have double digit growth in their revenue. ITPulse’s Martin Ekpeke was there. What are the motivations behind the Ausso Leadership Academy? Three things motivated me to set up the Ausso Leadership Academy; I want to give to entrepreneurs the advice I would have given my younger self. Maybe if I had somebody to advise me, I wouldn’t have made some of the mistakes I made in my entrepreneurial…

  Some technology enthusiasts and analysts have identified terrestrial fiber as one of the hindrances slowing down the uptake and increased penetration of the Internet on the African continent. The experts stated this at the Africa Session of the International Telecoms Week conference in Chicago last week. During his presentation on the theme “Enabling Content on the African Continent”, Chief Executive Officer of research firm, Xalam Analytics, Guy Zibi analyzed the African digital journey, highlighting dramatic changes that have altered the dynamics of the digital transformation of the continent. According to him, the international capacity challenge has been solved, with…

HMD Global, which designs and sells Nokia brand phones, today said it has raised USD 100 million from Geneva-based Ginko Ventures and other investors to scale its business operations. “This round of investment has been led by Geneva-based Ginko Ventures via Alpha Ginko Ltd with participation from DMJ Asia Investment Opportunity Ltd and Wonderful Stars Pte Ltd, a subsidiary of FIH Mobile Ltd,” HMD Global said in a statement. With the latest round of funding, HMD Global’s current market valuation exceeds USD 1 billion, giving it a unicorn status, it added. “In 2018, the company plans to aggressively expand…

  By Temitope Osunrinde Technology companies and the rise of the one-tap economy Technology companies have transformed the world over the last two decades, and for good reason. They have overtaken Oil and Gas and Manufacturing hegemons to become the biggest contributors to the global economy via the largest public companies in the world, with billion-dollar unicorn valuations previously never envisaged. Technology companies have been termed disruptors, and have leveraged increased internet adoption to chart new territories, creating new industries and reinventing older ones. No industry is left untouched, as technology has transformed fields as diverse as shopping, education and…

  The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele has finally admitted that financial technology, that is called in the financial services industry as Fintech, has become a real threat to the banks. This is despite the opposing views in some quarters that Fintech is not a threat to the banking, rather it is a compliment. According to Newspaper reports, Emefiele stated this in his goodwill message at the investiture of the CIBN’s 20th President and chairman of council in Lagos on Saturday. “In our industry, we have a common threat. The enterprise management risk, particularly…

  The Managing Director and Chief Executive Officer of the Internet eXchange Point of Nigeria (IXPN), Mr. Muhammed Rudman, will preside over the annual 2018 edition of Nigeria DigitalSENSE Forum (NDSF) series on Internet Governance for Development (IG4D) and Nigeria IPv6 Roundtable in June. The Executive Director, Operations at DigitalSENSE Africa (DSA) Media Group and the convener of NDSF Series, Mrs. Nkemdilim Nweke, confirmed this in Lagos, while disclosing the theme of this year’s forum ‘Internet Governance, Sustaining Development.’ She also disclosed that the 2018 NDSF series slated for Wednesday, June 6, would see the morning session focusing on Internet…

The Minister of Communications Minister, Chief Adebayo Shittu; the Chairman of NCC Board, Senator Olabiyi Durojaiye; Nigeria’s Chief Telecoms Regulator and Executive Vice Chairman (EVC) of Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, will lead other industry stakeholders; operators; ministries, departments & agencies (MDAs) to be part of this year’s ITU Telecom World. Nigeria is expected to ride on the crest of the successes it recorded in the South Korea-hosted International Telecommunications Union (ITU) Telecom World 2017. Already, Nigeria’s planning committee for the 2018 edition of ITU Telecom World holding in Durban, South Africa, September 10-13, 2018 has been…

  Pan-African Bank, Ecobank won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London last week. Ecobank won the award largely due to its mobile app, which has already been downloaded by over 5 million people. The app is a unified banking app serving 33 African countries, enabling 24/7 banking services and transactions in 18 different currencies and in four major languages: English, French, Portuguese and Spanish. Speaking on the award, Ade Ayeyemi, CEO of Ecobank said: “This award is a real vote of confidence for the hard…

  eCommerce and its continuous explosion – thanks to the internet – has forever changed the way we shop for products and services. We have witnessed – in the last 6 years of eCommerce debut in Nigeria – many impactful changes, such as the rise of online marketplaces; the seamless shift to using mobile devices for online shopping; the incredible growth of online and digital marketing and advertising; and the use of digital modifications in sales and mainstream consumer shopping. Despite this remarkable innovation, many still find it very challenging to use these eCommerce platforms because they hardly understand how…