Author: ITPulse

Companies worldwide are significantly increasing their IT security budgets in response to the rising threat of cyberattacks. According to Kaspersky’s IT Security Economics report, organizations plan to boost their spending by up to 9% over the next two years. The report highlights the severe financial consequences of cyber incidents. Despite their advanced security measures, large enterprises face an average of 12 attacks per year, costing them $6.2 million to recover. SMBs, on the other hand, experience 16 attacks annually, with recovery costs reaching $0.3 million. The report also highlighted key factors driving the increased spending. They include the increasing sophistication…

In a decisive move to bridge Nigeria’s digital divide and foster an inclusive digital economy, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has urged National Youth Service Corps (NYSC) members serving as Digital Literacy for All (DL4ALL) Initiative champions to redouble their efforts in training and sensitising Nigerians on the transformative potential of digital literacy in shaping Nigeria’s future. The gathering, one of the flagship programmes under NITDA’s Strategic Roadmap and Action Plan (SRAP 2.0), focuses on grassroots engagement and aims to provide underserved communities with essential digital knowledge, empowering individuals to access opportunities…

The National Council for Arts and Culture (NCAC) and the National Information Technology Development Agency (NITDA) have announced a groundbreaking partnership to propel Nigeria’s cultural and creative industries (CCI) into the digital age. This strategic alliance aims to seamlessly integrate the nation’s rich cultural heritage with cutting-edge technology, fostering innovation and unlocking the limitless potential of both the creative and digital economies. A high-powered meeting between NCAC Director-General, Mr. Obi Asika, and his team, with NITDA’s Director-General, Kashifu Inuwa, CCIE, and his leadership team, set the stage for this collaborative framework. This partnership leverages the strengths of both agencies to…

The Minister of State Dr. Mohammed Bello Matawalle has disclosed that the Nigerian Armed Forces have achieved a lot in the fight against insurgency, banditry and other groups that are enemies of the Nigerian State since the advent of this administration but a lot of these success stories are not in the public space due to security reasons so as not to expose the gallant men and women of the Armed Forces who are in the forefront of this fight to danger. Dr. Matawalle disclosed this during the engagement with the Special Assistant to President on Policy and Coordination/Head of…

The National Information Technology Development Agency (NITDA) and the National Universities Commission (NUC) have joined forces to make digital literacy a core part of university education in Nigeria. The partnership aims to equip students with essential digital skills to prepare them for the digital economy. This initiative builds on the success of the Digital Literacy for All (DL4ALL) program at Nasarawa State University, Keffi. NITDA’s Director-General, Kashifu Inuwa Abdullahi, emphasized the importance of digital literacy in achieving Nigeria’s digital economy goals. He stated that the goal is to achieve 70% digital literacy by 2027 and 95% by 2030. By making…

The Minister of State for Defence, Dr. Bello Muhammed Matawalle MON, has expressed his gratitude to H.E President Bola Ahmed Tinubu GCFR, for his decisive action in ensuring the prompt payment of military salary increase with three months arrears and also today’s release of funds for the payment of Pension and other owed entitlements of retired military Personnel Dr. Matawalle confirmed that alerts regarding the three-month salary increase for military personnel have begun to be received. The Minister commended President Tinubu for his unwavering commitment to the welfare of both serving and retired military personnel, emphasizing that the payment of…

Engr. Ikechukwu Nnamani, CEO of Digital Realty Nigeria, has been bestowed with a prestigious Presidential recognition by the Nigeria Internet Registration Association (NiRA) at the 7th .ng Awards. This accolade recognizes his significant contributions to the growth and evolution of Nigeria’s digital ecosystem over the past three decades. “Nnamani was honored for his innovative spirit and leadership in shaping the future of the digital landscape,” said NiRA President, Adesola Akinsanya, while commending him and other awardees for their exceptional work in driving digital transformation in Nigeria. A visibly humbled Nnamani dedicated the award to his dedicated team at Digital Realty…

PalmPay, a Nigerian-based fintech company has reaffirmed its commitment to combating financial fraud through cutting-edge technology. This pledge was underscored during a recent visit by the company’s management team to the Nigerian Financial Intelligence Unit (NFIU). Chika Nwosu, Managing Director of PalmPay, highlighted the country’s increasing prevalence of fraud and the urgent need for collaboration between fintech companies and government agencies. “A secure financial ecosystem is essential for a thriving digital economy. Our partnership with the NFIU demonstrates our dedication to supporting Nigeria’s anti-fraud and anti-money laundering (AML) efforts. Together, we aim to create a safer digital experience for all…

Infobip, a global communications platform, has announced a significant increase in customer interactions on its platform during Black Friday 2024. The company recorded a 26% year-over-year growth in total interactions, reaching 3.4 billion on the day itself. Messaging interactions, including SMS, email, and WhatsApp, accounted for over 1.6 billion interactions on Black Friday, making up a substantial portion of the total. This highlights the continued reliance on these channels for effective customer communication during peak shopping seasons. Commenting, Ivan Ostojić, Chief Business Officer at Infobip, said: “RCS has become a crucial channel for shoppers during Black Friday. Consumers are seeking…

TelCables Nigeria, a subsidiary of Angola Cables, is set to enhance connectivity and cloud access across West Africa by establishing a new Point of Presence (PoP) at the Rack Centre Lagos facility. This strategic move aims to significantly improve digital connectivity in the region, providing businesses and communities with easier and more affordable access to digital content and services. Fernando Fernandes, CEO of TelCables Nigeria and West Africa, highlighted the importance of this expansion, stating, “The new PoP at Rack Centre is a crucial step towards strengthening West Africa’s digital infrastructure. By localizing traffic, we can provide faster, more reliable…