Author: ITPulse

Interswitch recently hosted an inaugural engineering summit, a novel event that gathered its engineering community to explore innovation, emerging technologies, and the industry’s future. Hosted at the Interswitch Headquarters in Lagos, the event delivered a dynamic mix of knowledge sharing, networking, and thought-provoking conversations, a testament to Interswitch’s dedication to driving excellence within the tech ecosystem. The energy was palpable as leading experts, industry pioneers, and passionate developers addressed key challenges and explored exciting opportunities in software engineering. Through insightful presentations and white papers, the sessions offered valuable perspectives on the industry’s evolving landscape. The event, themed, ‘Innovating with Emerging…

Paygilant, a leading provider of frictionless fraud prevention solutions for banks, fintech companies, and payment processors, has appointed Sara Pinheiro as Regional Manager for Africa. In this pivotal role, Pinheiro will lead the company’s strategic growth across the continent, focusing on building strong partnerships and empowering businesses to enhance their fraud prevention and security frameworks within Africa’s rapidly evolving digital economy. Africa’s digital transformation has fueled a surge in demand for robust and innovative financial solutions. Paygilant’s expansion into the region directly addresses the increasing need for advanced fraud protection within the expanding digital finance ecosystem. Pinheiro, a seasoned expert…

First Lady Senator Oluremi Tinubu, Chairperson of the Renewed Hope Initiative (RHI), has commissioned a new Information and Communication Technology (ICT) Community Centre at the Kwara State College of Education, Ilorin. This project, a collaboration between the National Information Technology Development Agency (NITDA) and RHI, is part of the First Lady’s commitment to social investment and bridging the digital divide. Speaking at the commissioning ceremony, Senator Tinubu praised NITDA for its efforts, noting that this is the second such center established in partnership with RHI, with similar centers in Benue and Oyo states soon to be commissioned. She also announced…

In the heart of Nigeria’s digital economy, a story of patriotism and resilience unfolds. The telecommunications sector, a driving force behind the country’s growth, has been facing unprecedented challenges. Despite its significant contributions to Nigeria’s social and economic development, the sector has been struggling to keep up with the rising costs of operations.   For nearly a decade, telecom tariffs in Nigeria remained unchanged, while the demand for data and voice services skyrocketed. The cost of operations, however, surged due to rising energy costs, inflation, currency devaluation, and increased costs of importing telecom equipment. These mounting expenses threatened the very…

By Martin Ekpeke A cybersecurity expert, Remi Afon, has warned that cybercriminals are poised to leverage artificial intelligence (AI) to dramatically escalate their attacks in 2025, creating a complex and dangerous landscape for individuals, businesses, and government institutions in Nigeria. Afon, former President of the Cyber Security Experts Association of Nigeria (CSEAN), details this looming threat in his latest article, “Nigeria 2025: Battling AI-Driven Cybercrime.” Afon’s article paints a stark picture of how AI is empowering cybercriminals to amplify the scale, precision, and impact of their attacks. He highlights a recent incident where Nigerian scammers allegedly impersonated Hollywood actor Brad…

By Martin Ekpeke A recent 50% tariff increase for mobile network operators in Nigeria, approved by the Nigerian Communications Commission (NCC), is projected to attract significant investment and stimulate economic growth, GSM Association (GSMA) has said. According to GSMA, which represents the interests of mobile network operators worldwide, the NCC’s move will generate an estimated two million jobs and N1.6 trillion in tax revenue, alongside attracting over $150 million in investment. In a statement, Angela Wamola, head of Sub-Saharan Africa at GSMA, emphasized the importance of the NCC’s decision for Nigeria’s digital future, stating that the tariff adjustment will improve…

LG Electronics, the renowned eco-friendly electronics manufacturing giant, has once again delivered on its commitment to provide life-changing access to clean water for communities in Nigeria facing critical water scarcity. In a heartwarming gesture of compassion and solidarity, LG donated its 8th solar-powered borehole to the resilient people of Ayeye Community in Ibadan, Oyo State. This act of benevolence not only quenches the immediate thirst of the community but also symbolizes a beacon of hope, empowerment, and sustainability for generations to come. The people of Ayeye Community greeted LG Electronics’ generous donation with overwhelming joy, their chants of gratitude echoing…

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has welcomed the Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA)’s initiative to commence the enumeration of communication towers and masts across Lagos State. In a statement jointly signed by Gbenga Adebayo, Chairman, and Gbolahan Awonuga, Executive Secretary of ALTON, the umbrella body of all licensed telecom operators in Nigeria, the association noted that the project is crucial for addressing public safety concerns raised by the Lagos State Government regarding abandoned communication towers and will bring significant benefits to the industry and the public. ALTON called on all stakeholders to support…

Smile ID’s 2025 Digital Identity Fraud in Africa Report reveals a surge in biometric fraud cases in West Africa, with a 22% rejection rate in 2024, up from 12% in 2023. Spoofing incidents, where attackers mimic genuine users, skyrocketed to 15% in West Africa, compared to under 5% the previous year. Fraud Trends: Regional Variations: East Africa had the highest rejection rate at 27%, followed by West and Central Africa at 22%. Time of Day: Fraudulent activity peaked between 8 PM and 4 AM WAT, with the highest incidence at midnight. Industry Focus: The financial sector, particularly digital banks (35%)…

A new Sophos report, “Beyond the Hype: The Business Reality of AI for Cybersecurity,” surveyed 400 IT leaders on their use of AI in security. While 65% have adopted generative AI (GenAI) capabilities, a significant 89% express concerns about potential flaws in these tools negatively impacting their organization’s cybersecurity. Concurrently released research from Sophos X-Ops, “Cybercriminals Still Not Getting on Board the AI Train (Yet),” reveals a subtle shift in how cybercriminals utilize AI. While skepticism remains, some are employing GenAI to automate tasks like crafting mass emails and analyzing data. Others are integrating it into spam and social engineering…