Author: ITPulse

OneDosh today announced the closing of an additional $1 million pre-seed investment, bringing the company’s total pre-seed funding to $4 million. The investment follows a period of rapid growth for the company, including expansion into 29 European countries, surpassing 200,000 users, and the launch of a first-of-its-kind integration enabling U.S. users to fund their OneDosh wallets through Cash App and instantly send money globally. But funding is not the story. The story is the future we are building. For decades, moving money across borders has been slow, expensive, and unnecessarily complex. OneDosh was founded on a simple belief: money should…

In a major step toward securing the digital privacy of citizens, the Nigeria Data Protection Commission (NDPC) has officially launched the Meta-Supported Initiatives for Data Protection (M-SIDP). The two-year initiative is designed to strengthen regulatory guardrails, boost local compliance, and elevate public awareness of data privacy across the country. The rollout of the M-SIDP stems from a regulatory process and subsequent investigations conducted by the NDPC into the data processing practices of Meta Platforms, Inc. (owners of Facebook, Instagram, and WhatsApp) within Nigeria. According to a statement signed by Itunu Dosekun, Head of the NDPC Media Unit, the regulatory matter…

Global wellness and lifestyle direct-selling company, QNET, has strongly commended the Nigeria Security and Civil Defence Corps (NSCDC) following a successful crackdown on a criminal syndicate operating under the guise of the QNET brand. The recent law enforcement operation in Lagos State resulted in the rescue of several victims and the arrest of suspects allegedly masterminding a web of human trafficking, unlawful detention, and financial fraud. In an official statement, QNET unequivocally condemned the actions of the perpetrators, emphasizing that these criminals are deliberately hiding under the company’s established reputation to exploit vulnerable job seekers. The company clarified that it…

By Martin Ekpeke In a major policy shift aimed at ending substantial capital flight and boosting domestic investment, President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to dismantle the 12-year exclusive monopoly held by South African firm Optasia (formerly Channel VAS) over Nigeria’s micro-utility lending market. The high-stakes intervention opens up an estimated N3 trillion ($2 billion USD) annual market in airtime credit and data advance services to domestic tech companies. Following the directive, the FCCPC has finalized a shortlist of nine Nigerian-owned fintechs to be onboarded into the ecosystem, effectively turning the tide on…

A fake goal report that sparked premature title celebrations in Port Harcourt, which exposed the NPFL’s lack of reliable real-time score technology. By Ibidunni Doyinsola and Epiphanus Obia Enugu Rangers clinched the Nigeria Premier Football League (NPFL) title on Sunday with a hard-fought 2–1 victory over Ikorodu City in Lagos. Yet the final day of the season will be remembered less for the football and more for the extraordinary scenes that unfolded hundreds of kilometres away in Port Harcourt. At the Rivers United Stadium, a false report of a goal in Lagos triggered premature title celebrations, exposing a major technological…

By Epiphanus Obia A Nigerian software engineer has built a free tool that converts INEC’s continuous voter registration centre directory into a map-based locator, dispatching daily e-mail reminders to users until they confirm they have collected their permanent voter cards. Akintunde Sultan, known online as @hackSultan, published the tool at pvc.salus.sh on 5 June after he found INEC’s own interface (a plain list at cvr.inecnigeria.org) required users to scroll and filter manually to locate their nearest centre. Within two days, his post announcing the build had drawn 45,700 views and 729 likes on X. “When the Nigerian government launched the…

Africa’s digital commerce ecosystem is at a critical turning point. While significant progress has been made in payments, financial technology, and online transactions, industry leaders agree that the next phase of growth will depend on how effectively businesses reduce operational friction, embrace emerging technologies, and build trust across borders. These issues took centre stage at the 2026 E-Commerce and Payments Forum organised by the Africa Retail Academy of Lagos Business School (LBS), where senior operators, regulators, innovators, and decision-makers gathered to discuss practical strategies for accelerating commercial growth across Africa. Held under the theme “Minimising Friction, Maximising Commercial Impact,” the…

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has commended the Federal Government’s approval of a 50% tariff increase for 2025, stating that the intervention was instrumental in saving the industry from financial distress and ensuring its long-term operational viability. In a statement signed by ALTON Chairman, Engr. Gbenga Adebayo, Publicity Secretary, and Sir Damian Udeh, the group, reacted to the National Bureau of Statistics (NBS) Q1 2026 Capital Importation Report, highlighting that the timely tariff adjustment bridged critical revenue sustainability gaps and paved the way for massive, ongoing domestic reinvestments. It noted that while the recent NBS report…

Moniepoint Inc has officially graduated the second cohort of its flagship DreamDevs Bootcamp, marking a significant milestone in the company’s ongoing effort to build world-class engineering talent from the ground up. The graduation was celebrated at a Demo Day event held in Lagos, themed “Training Done! Demo Up!”, where participants presented capstone projects built to real-world engineering standards. The graduation comes at a crucial time for Africa’s tech ecosystem. Although Nigeria’s tech talent is growing, it isn’t sufficient, especially at the mid-to-senior engineering level, where demand far exceeds supply. By 2030, the global shortage of software developers could reach 85…

By Martin Ekpeke Nigeria is said to be losing an estimated $850 million annually by failing to fully leverage its own digital identity infrastructure. This was one of the sobering disclosures at the third edition of its annual Tech Convergence conference, organized by the Nigerian Internet Registration Association (NiRA), which brought together senators, regulators, industry executives, and digital economy stakeholders for a landmark dialogue on the future of Nigeria’s digital sovereignty. Under the theme “Strengthening Nigeria’s Digital Independence: The Role of Policy, Digital Identity, and .ng for Economic Growth,” Tech Convergence 3.0 delivered a resounding consensus: the time for Nigeria…