Author: ITPulse

With Black Friday and Cyber Monday rapidly approaching, cybersecurity risks are set to skyrocket. A recent Sophos report revealed that malicious emails were the second most common cause of ransomware attacks in critical sectors, accounting for a staggering 25% of cases. As online shopping surges during peak shopping days, the potential for cyberattacks increases significantly. Why the Risk is Higher As employees may be more inclined to shop online from work devices, the risk of clicking on malicious links or falling victim to phishing attacks rises. This heightened vulnerability can expose your organization to significant security threats. Safeguard Your Organization…

….. Stresses that peace is essential for national development The Minister of Defence, Mohammed Badaru Abubakar has called for robust support for the Nigerian Military in its ongoing efforts to combat insecurity, emphasizing that peace is a cornerstone of national development. Speaking at the opening ceremony of the 45th International Trade Fair organized by the Kano Chamber of Commerce, Industry, Mines, and Agriculture (KACCIMA), the Minister highlighted that an improving security situation in the country will pave the way for enhanced economic prosperity. He reaffirmed President Bola Ahmed Tinubu’s commitment to restoring peace and stability and urged Nigerians to continue…

The Black Founders Fund (BFF) Alumni Summit, held at iHub, showcased the remarkable impact of Black-led startups across Africa. The event, which brought together 45-50 alumni from Kenya, Nigeria, South Africa, Uganda, and other African countries, celebrated their achievements and discussed the future of Africa’s digital economy. A Powerful Impact The BFF Impact Report, unveiled at the summit, underscores the significant contributions of BFF-supported startups. Key findings include: $379 Million Raised: BFF startups have collectively raised a substantial amount of capital. 6,000+ Jobs Created: These startups have generated employment opportunities across the continent. 61% Faster Growth: BFF-supported companies have experienced…

Remittances represent a major source of financial inflow for African countries. The United Nations identifies remittances as a vital lifeline for more than 200 million Africans. It notes that beyond supporting the lives and livelihoods of families in the senders’ countries of origin, remittances or cash transfers represent solidarity and symbolise the generosity and resilience of the African community on the continent and beyond. In 2023, remittances in Africa reached almost $100 billion, equalling nearly 6 per cent of the continent’s Gross Domestic Product (GDP) and exceeding Foreign Direct Investment (FDI) figure of $48 billion. Within Sub-Saharan Africa, key markets…

In a landmark celebration of youth leadership and technological advancement, the Young African Leaders Initiative (YALI) has conferred the prestigious Tech Founder of the Year 2024 Award upon Olusegun Enitan Dada (OED), recognizing his transformative contributions to the African tech industry. As the founder of ZojaPay, ZojaTech, and IT Horizons, and co-founder of Smartsend Finance, Dada has been lauded for over 15 years of driving digital transformation, financial inclusion, and economic empowerment across the continent. The award was presented during the National Summit and International Youth Day Celebration conference, held on November 25-24, 2024, at the iconic Ibom Hall in…

Verve International, Africa’s leading domestic payments card scheme and token brand, has announced a significant partnership with AliExpress, one of the world’s largest online retail platforms. This collaboration will enable Verve cardholders to seamlessly shop on AliExpress and access a vast array of products, from fashion and electronics to home goods and beauty. By integrating Verve cards into its payment options, AliExpress has opened up a world of possibilities for Verve cardholders. They can now effortlessly make cross-border purchases, enjoying a smooth and secure shopping experience. Vincent Ogbunude, Managing Director of Verve International, expressed his enthusiasm about the partnership: “We…

Interswitch, a leading African integrated payments and digital commerce company, is excited to announce its sponsorship of the 6th Lagos Transport Fest. This prestigious event, scheduled for December 10, 2024, at the Oriental Hotel, Victoria Island, Lagos, will bring together key stakeholders in Nigeria’s transportation industry. Themed “Driving Innovation Together Through Strategic Collaboration,” this year’s Lagos Transport Fest will feature a series of conferences, exhibitions, and networking sessions. The event aims to foster collaboration among operators, investors, policymakers, and technology providers to drive sustainable growth and unlock transformative opportunities within the sector. As a major player in the digital payments…

Interswitch, a leading African integrated digital payments and commerce company, has successfully wrapped up the fourth edition of its groundbreaking TechConnect series. The grand finale, held at the prestigious Classique Event Place in Oregun, Lagos, marked the culmination of a five-city tour across Nigeria, including Enugu, Asaba, Abuja, and Ibadan. The TechConnect series has been a pivotal platform for driving high-level discussions on technology, innovation, and financial inclusion. By bringing together industry leaders, policymakers, fintech innovators, and microfinance practitioners, the series has fostered collaboration and knowledge sharing within the financial services ecosystem. Akeem Lawal, Managing Director of Payment Processing &…

Nigeria Braces for a Week of Unmissable Discounts as Konga Yakata Black Friday Approaches Excitement is electric across Nigeria as the final week of Konga Yakata, the online retailer’s epic Black Friday shopping event, kicks off. Shoppers nationwide are gearing up for a downpour of incredible deals and unbeatable offers before the promotion ends on Saturday, November 30th, 2024. Since its launch on November 1st, Konga Yakata has delivered a shopping extravaganza unlike any other. Customers have been treated to jaw-dropping discounts, electrifying promos, and irresistible incentives. Beyond the Massive Savings: Konga hasn’t just slashed prices across a vast range…

The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has emphasized the pivotal role of innovation in propelling Nigeria towards sustainable development, economic diversification, and global competitiveness. Speaking at the 8th Annual Research Fair and Exhibition of Nasarawa State University, Keffi (NSUK), Inuwa called on academia, industry leaders, and policymakers to embrace disruptive innovation to address the nation’s challenges and unlock its immense potential. Highlighting the theme “Disruptive Transformational Innovation: Shaping the Future,” Inuwa commended NSUK for organizing an event that aligns with Nigeria’s pursuit of growth through knowledge-driven solutions. Represented by Deputy Director Engr Ya’u…