KongaPay, one of Nigeria’s leading fintech platforms, has announced a landmark achievement in the country’s digital savings landscape. In a newsletter, the fintech platform stated that total savings on its flagship high-yield feature, K-Save, have officially crossed the ₦3.2 billion mark, signaling a significant shift in how Nigerians approach digital wealth management. The milestone, described by the company as a savings movement, reflects a growing trend of users moving away from traditional idle bank accounts toward goal-oriented digital platforms that offer better returns and security. In the newsletter circulated to its community, KongaPay highlighted that the ₦3.2 billion figure represents…
Author: ITPulse
Interswitch, Africa’s leading integrated payments and digital commerce giant, has officially unveiled the nine exceptional students who will battle for the crown at the InterswitchSPAK 7.0 Grand Finale. After a grueling semi-final stage, these finalists have risen to the top of a competition that originally began with over 18,000 applicants from across Nigeria. This flagship Corporate Social Responsibility (CSR) initiative continues to solidify its reputation as the country’s most prestigious STEM (Science, Technology, Engineering, and Mathematics) contest. The journey to the finale was a rigorous test of academic excellence: Initial Stage: 18,000+ registered senior secondary students. Qualifying Stage: 81 students…
By Martin Ekpeke In the bustling secondary schools of Lagos, Kano, and Port Harcourt, a quiet revolution is taking place. It isn’t happening in the economics classroom, but on the screens of smartphones. For millions of Nigerian teenagers, the bank is no longer a formidable brick-and-mortar building that their parents visit. It is now a vibrant green or purple app on their phones. As Nigeria aims to reach a $1 trillion digital economy by 2030, fintech giants OPay and PalmPay have emerged as the primary financial educators for the Gen Z and Gen Alpha populations. These fintech giants are moving…
Microsoft has once again been named the world’s most impersonated brand, accounting for nearly a quarter of all global brand phishing attempts. According to the Q4 2025 Brand Phishing Report released by Check Point Research (CPR), Microsoft appeared in 22% of all phishing attacks during the final quarter of the year. Tech giant Google followed in second place at 13%, while Amazon secured third place with 9%, fueled largely by the surge in holiday shopping and Black Friday activity. The latest rankings highlight a strategic focus on platforms that manage identity, productivity, and cloud services. Notably, Facebook (Meta) has returned…
Africa is currently united by a bold vision: transforming into a technologically empowered powerhouse where world-class digital infrastructure drives unprecedented socio-economic growth. However, according to Dr. Krishnan Ranganath, Regional Executive for West Africa at Africa Data Centres (ADC), two significant hurdles, transmission and fragmentation, threaten to derail this momentum. Data centres are the connective tissue of the modern economy. They provide the physical environment for the computing and storage power necessary to fuel the Intelligence Age. The stakes for Africa: The African data centre market is projected to hit $6.81 billion by 2030, nearly doubling its 2024 value. Because AI…
A powerful coalition of women’s rights organizations, tech watchdogs, and progressive activists has formally petitioned Apple and Google to de-platform the social media site X and its AI chatbot, Grok. In open letters published Wednesday, the coalition—which includes UltraViolet, the National Organization for Women (NOW), MoveOn, and ParentsTogether Action—accused the Elon Musk-owned platforms of facilitating the mass creation of illegal, sexually explicit content that violates the terms of service for both the App Store and Google Play. The demand follows a viral “bikini trend” and a wave of “digital undressing” cases at the start of 2026. Critics allege that Grok’s…
A decade after revolutionizing how African businesses accept payments, Paystack is venturing into the banking sector and has officially announced the launch of Paystack Microfinance Bank (MFB), a new entity dedicated to providing a full financial operating system for businesses and individuals. The move marks a significant evolution for the company, which began ten years ago with a mission to simplify digital payments. Today, Paystack processes trillions of naira monthly for over 300,000 businesses across five African countries. However, the company noted that while payments are critical, they are only one piece of the broader financial puzzle. According to the…
LG Electronics Nigeria transformed Ikeja City Mall into a vibrant hub of technology and lifestyle celebration on December 6 and 7 with the LG Festival of Colours. This dynamic two-day event brought together families, tech enthusiasts, and lifestyle lovers for an immersive experience where innovation met fun. The festival turned the mall into a colourful playground featuring interactive product zones, live demonstrations, and engaging activities that showcased LG’s latest in smart home solutions, TVs, and appliances. Guests enjoyed hands-on experiences that highlighted how LG seamlessly blends style, performance, and cutting-edge technology to enhance everyday living. A standout feature of the…
Premier Cool, Nigeria’s leading antibacterial cooling bar soap, has announced the launch of its nationwide consumer promotion, “10K for 10K”, in partnership with Palmpay, Nigeria’s leading digital bank. This promo is designed to reward 10,000 Nigerians with ₦10,000, totaling ₦100 million in cash rewards paid instantly via PalmPay wallets. Running from January 12 to April 11, 2026, 111 winners will be announced daily throughout the three-month period. Speaking on the campaign, the MD PZ Cussons Africa, Mr Oghale Elueni, said ‘At a time when financial pressure is real for many households, this promo is our way of easing the load…
TD Africa, the continent’s premier technology distributor, has officially announced its role as the Headline Sponsor for the Design Thinking Challenge (DTC) at the upcoming Enugu Tech Fest 2026. This partnership marks a significant investment in the next generation of Nigerian innovators, focusing on practical solutions for the country’s most pressing challenges. TD Africa has committed over ₦35 million to the Challenge to specifically target three pillars of national development. One primary focus is the energy sector, which seeks solutions for sustainable and reliable power. The second pillar is healthcare, where the funding supports innovations to improve medical access and…
