Author: ITPulse

PalmPay, a leading full-service digital bank, has reinforced its commitment to shaping the future of payments in Nigeria by actively promoting the widespread use of contactless-enabled payment terminals. This commitment was highlighted at the recent BusinessDay Future of Payment Conference, themed “Fintech Evolution: Gateway to Payments.” In his opening remarks, BusinessDay Publisher Frank Aigbogun stressed that the next stage of fintech innovation must prioritize not only speed, safety, and simplicity but also trust, inclusion, and accessibility to ensure widespread benefits across all societal segments. During the panel session on “The Next Wave of Digital Payments: Trends and Innovation,” Ifeanyi Uzoka,…

This year’s Africa’s Beacon of ICT Merit and Leadership (ABoICT) Lecture will delve into the critical themes of governance, standardization, and cybersecurity within the evolving artificial intelligence landscape. The ABoICT Lecture 2025, preceding Africa’s Beacon of ICT Merit and Leadership Awards, is scheduled for May 24, 2025, at Four Points by Sheraton. Renowned Cybersecurity and GRC expert, Prof. Adewale Obadare, Chief Visionary Officer at Digital Encode, will deliver the keynote address. According to Ken Nwogbo, editor-in-chief of Nigeria CommunicationsWeek, the organizers, this sixteenth edition is a special “ICT Growth Edition 2025” dedicated to recognizing and celebrating organizations and individuals who…

The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), has clarified the distinct nature of cryptocurrency and fraudulent Ponzi schemes. In a statement signed by its President in Abuja, Mr. Obinna Iwuno, SiBAN emphasized unequivocally that “Ponzi does not exist because of crypto. Crypto is not synonymous with Ponzi. Crypto is not Ponzi. Crypto is not a scam. Crypto has never been a scam.” The statement acknowledged that while some individuals may exploit the burgeoning interest in cryptocurrencies for illicit activities, this does not equate crypto itself with fraud. “But are there people who are using crypto for scams? Yes,…

The power of client trust and strong investment returns has propelled First Asset Management Limited (FAML), a prominent investment management firm in Nigeria and a subsidiary of First HoldCoPlc., to a new achievement: exceeding ₦1 trillion in Assets Under Management (AUM). This milestone underscores FAML’s unwavering dedication to delivering both exceptional client service and robust investment performance. Managing Director Ike Onyia credited this success to the enduring support of the firm’s clients and stakeholders. “This milestone indicates the confidence our clients and partners have in us,” he stated, highlighting FAML’s ability to achieve successful investment outcomes and its commitment to…

Zoho Corporation, a global technology company, today announces the launch of new services and features within Zoho Creator, the company’s low-code application development platform. This milestone reflects Zoho’s commitment to investing in AI capabilities that offer real-time, practical, and secure advantages to business users. Zoho Creator’s new AI assistant, CoCreator, facilitates faster, simpler, and more intelligent app building by using voice and written prompts, process flows and business specification documents. Powered by Zia, Zoho’s AI assistant, CoCreator drives shorter go-to-market timeframes and democratises app creation for users of varying  skill levels—all without requiring add-ons to a customer’s existing subscription.  Zia…

AVEVA has announced the appointment of Sébastien Ory as EMEA VP in charge of the partner and distributor network. VP of AVEVA Southern Europe since 2022 and President of AVEVA France since 2023, Sébastien now replaces Karine Calvet while remaining President of AVEVA France. In this new role, he will oversee the relationships with the various stakeholders involved in the distribution of AVEVA software and will have direct responsibility for more than forty employees spread across the EMEA region. Sébastien Ory will report directly to Jesus Hernandez, the new SVP of the EMEA region, who replaces Evgeny Fedotov, now CCO…

Despite global economic headwinds in 2024, the African tech landscape, particularly its burgeoning data centre sector, demonstrates resilience and a keen focus on future opportunities. 1 In this exclusive interview, Dr. Krishnan Ranganath, Regional Executive West Africa at Africa Data Centres, shares insightful perspectives on how the continent is adapting to rapid technological advancements like AI and cloud computing, the strategic priorities for sustained competitiveness in 2025, and the crucial role of collaboration and government support in accelerating Africa’s data centre expansion – with a specific focus on the dynamic Nigerian market How did 2024’s global economic challenges affect the…

MTN Nigeria’s recently released 2024 sustainability report underscores the telecommunications company’s ongoing commitment to sustainability, transparency, and creating shared value through strategic ESG integration and responsible business practices. The report reveals that MTN Nigeria contributed a substantial N764 billion in taxes and levies to support national development and invested N3.5 billion in Corporate Social Investment (CSI) initiatives, positively impacting over 663,300 lives in 2024. Furthermore, the report indicates that MTN expanded its network footprint to achieve 93% coverage and successfully reduced its Scope 1 and 2 emissions by 11% compared to the 2021 baseline. The company also reported an increase…

Visionary entrepreneur, multi-sectoral leader, and tireless advocate for sustainable development, Oluwaseun Dania has been named one of the Top 50 Most Influential People of African Descent (MIPAD) in the Philanthropy & Social Impact category. This prestigious global recognition, organised in support of the United Nations’ International Decade for People of African Descent, celebrates individuals creating meaningful change through purpose-driven leadership. Dania, the CEO of Crello, a cross-border B2B fintech platform, and Alpha-Geek Technologies, a digital innovation firm, is a serial entrepreneur whose impact spans finance, technology, agriculture, energy, and philanthropy. Thus, his inclusion in the 2025 MIPAD honours list is…

Nigeria has taken a significant stride in bolstering its innovation ecosystem with the official inauguration of the Startup Consultative Forum. This strategic initiative is designed to accelerate the implementation of the Nigeria Startup Act (NSA) and further strengthen the nation’s burgeoning tech startup landscape. Addressing the forum, Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), represented by Barrister Emmanuel Edet, the Acting Director of Regulation and Compliance, emphasized the platform’s significance beyond a mere stakeholder meeting. “This forum signifies our unwavering commitment to building a more robust tech ecosystem through genuine collaboration, broad inclusion, and…