Author: ITPulse

An edu-tech company leading the way in university students’ networking and empowerment across Africa, ProjKonnect Integrated Systems Limited (ProjKonnect), has announced its partnership-driven sponsorship of the next five editions of the annual Digital Africa Conference and Exhibition. The sponsorship, to be paid for via a revenue-sharing scheme, is worth N375 million over the five years under review, 2025-2029. This announcement was made today by Mr. Paul Ojo, CEO of ProjKonnect, at a virtual partnership meeting the company held with officials of Digital Africa Global Consult Limited, the owner and organizer of the annual continental tech show. Projkonnect is a Nigerian…

Nine commercial banks facing the imminent disconnection of their Unstructured Supplementary Service Data (USSD) services are now scrambling to settle their debts with telecom operators before the January 27th deadline. The nine banks facing these sanctions are: Fidelity Bank, First City Monument Bank (FCMB), Jaiz Bank, Polaris Bank, Sterling Bank, United Bank for Africa (UBA), Unity Bank, Wema Bank, and Zenith Bank A check within the telecom ecosystem indicates that some banks have begun making partial payments, while others are now seeking negotiations. This shift comes amid concerns that the disconnection could significantly impact their revenue and customer base. Telecom…

TD Africa, the continent’s leading technology distributor, is offering substantial discounts on essential Microsoft licenses as part of its commitment to driving business growth and fostering digital transformation across Africa. This limited-time promotion allows businesses access to significant savings on a range of Microsoft solutions, including: 15% reduction on Microsoft 365 E3: This comprehensive suite includes email, cloud storage, productivity tools like Word and Excel, and advanced security features, enabling seamless collaboration within organizations. 40% price slash on Power Apps Premium and Power Automate Premium Per User Licenses: Power Apps Premium simplifies app creation without coding, allowing businesses to automate…

MainOne, a provider of connectivity and data center services for businesses in West Africa, is enhancing its network resilience by incorporating capacity on the Equiano submarine cable. This move provides extra resiliency for MainOne’s enterprise customers, ensuring uninterrupted service to support their growing business online at no additional cost. Over the past decade, MainOne has enabled the digital transformation of businesses across West Africa. Recognizing the criticality of uninterrupted connectivity for these businesses, MainOne has proactively integrated Equiano into its network to offer enhanced redundancy and reliability. “We understand the complexities and costs associated with building redundant network infrastructure,” noted…

The Nigerian Communications Commission (NCC) has approved a maximum 50% increase in telecom tariffs, falling short of the over 100% requested by some operators. The decision, announced today in a statement signed by Reuben Mouka, Director of Public Affairs, aims to address the rising operational costs faced by telecom companies while ensuring consumer interests are protected.  The NCC, acting within its regulatory powers, stated that tariff adjustments are necessary to bridge the gap between operational costs and current rates, which have remained static since 2013. The approved increase will be implemented gradually and within the limits set by the 2013…

Konga’s annual Jara sale is bringing joy to Nigerian shoppers with discounts up to 50% off on a wide variety of products. This year’s sale, called “Confam New Year Deals,” is a lifesaver for many Nigerians who are feeling the financial pinch after the holidays. Shoppers are snapping up essential household items, with electronics, appliances, and everyday essentials leading the way. In fact, data from the first two weeks shows that nearly half (45%) of all sales are in these categories. Groceries and other FMCG products are close behind at 30%, while fashion and lifestyle items make up the remaining…

Three brilliant young minds have emerged victorious in the sixth edition of InterswitchSPAK, Nigeria’s premier science competition. The competition, which aims to inspire and empower the next generation of STEM leaders, concluded with a thrilling finale, showcasing the exceptional talent and ingenuity of Nigerian students. Ndudu Ekong Henry from Pegasus School, Akwa Ibom State, claimed the top prize – a ₦15 million scholarship spread over five years, a brand-new laptop, and monthly stipends to support his academic journey. Eric Denyefa Omare from St. Gregory’s College, Lagos State, secured second place, winning a ₦10 million scholarship over three years and a…

FBNQuest Asset Management, a subsidiary of FBN Holdings Plc., has been awarded an “A+” rating by Agusto & Co. Limited. This rating reflects the firm’s strong financial position, robust risk management practices, and impressive operational performance. Agusto & Co., a leading rating agency in Nigeria, issued the rating in a recent report. The recognition underscores FBNQuest Asset Management’s commitment to providing exceptional investment services to its clients through a diverse range of products and services tailored to meet their needs. “We are delighted to receive this ‘A+’ rating from Agusto & Co.,” said Ike Onyia, Managing Director of FBNQuest Asset…

MarketBuddy, an e-commerce platform, has officially launched in Nigeria, aiming to connect buyers and sellers nationwide. The platform offers three key services: the sale of goods and services where vendors can showcase their products and services directly on the platform; the auction module which enables users to participate in auctions for various items and affordable web services providing small businesses with an online presence at a low cost. Speaking at the launch in Lagos, Founder and CEO Adejuwon Adeboboye emphasized the platform’s goal of empowering artisans with a limited online presence. “We aim to bridge the gap between blue-collar artisans,…

The Nigerian government has launched a major initiative to remove the country from the Financial Action Task Force (FATF) Grey List by May 2025. This ambitious goal is being spearheaded by the National Information Technology Development Agency (NITDA) and the Nigerian Financial Intelligence Unit (NFIU), working together to develop a cutting-edge data management platform. The initiative, a direct order from President Bola Tinubu, aims to address the seven key issues that led to Nigeria’s inclusion in the Grey List in 2013. These issues include deficiencies in combating money laundering, terrorism financing, and arms proliferation, as well as shortcomings in the…