Nigeria First: Indigenous businesses still need more protection — Ekeh
By Prince Osuagwu, Hi-Tech EditorDespite the Nigeria First Policy designed to give indigenous businesses greater opportunities in government procurement, Nigerian companies are still not getting enough protection, Chairman of Zinox Group, Dr. Leo Stan Ekeh, has warned. Ekeh said the situation could spell doom for the economy, arguing that Nigeria cannot build a sustainable digital […]
SoftBank Group sells Uber shares worth $2bn
Japan’s SoftBank Group has sold $2 billion-worth of shares in Uber, according to a document released Monday, as it took advantage of a surge in the US ride-hailing giant’s value. An affiliate of SoftBank’s Vision Fund sold 38 million shares for $53.46 apiece, according to a US stock filing on Uber’s website, though it still […]
Just in: Bitcoin falls by 20%, worst since March, barely 5 days it passes $30,000
Bitcoin, the leading virtual currency has fallen by 20%, barely five days its price pass $30,000 on Saturday for the first time in just its latest record high. According to Fortune.com The week is off to a bearish start for cryptocurrency as the price of Bitcoin fell nearly $10,000 from its Friday high of nearly […]
RECESSION: E-commerce ‘ll champion economic recovery— Spalazzi, Jumia CEO
Jumia Nigeria CEO, Massimiliano Spalazzi, is a consummate marketer and e-commerce expert. His years of experience in business give him the advantage of correctly forecasting the outlook of the sector every year.
Google pulls Parler from app store for ‘egregious content’
Google said Friday it had pulled the Parler app from its mobile store for allowing “egregious content” that could incite deadly violence like that seen at the US Capitol. The Parler social network has become a haven for far-right personalities who say they have been censored by other social media platforms. “We’re aware of continued […]
Osinbajo welcomes Microsoft’s offer to support Nigeria’s economic sustainability plan
….Nigeria’s tech space would become most viable in Africa — Microsoft Just as global technology giants including Google Inc., HUAWEI, and top social networking company, Facebook, another international tech heavyweight, Microsoft Corporation, has disclosed plans to partner with the Federal Government for the benefit of the Nigerian people, especially young people. Specifically, Microsoft is now […]
Electric Car: Hyundai in early exploratory talks with Apple
Apple’s plans to build a “breakthrough” electric car that could compete with Tesla appear to be heating up. South Korean auto giant Hyundai said it’s having early discussions with the iPhone maker on Friday after a local broadcaster reported that the companies were hatching plans to develop self-driving electric vehicles. “Apple and Hyundai are in […]
Tesla appears to have plenty of momentum after meteoric 2020
After shares rocketed higher in 2020 on surging auto deliveries, Tesla enters 2021 with plenty of momentum even as its vision of taking electric cars mainstream remains a way off. The auto industry disruptor led by Elon Musk wowed Wall Street yet again over the weekend, reporting annual car deliveries of 499,550, just shy of […]
FG lifts ban on replacement, activation of SIM
By Emmanuel Elebeke The Federal Government has lifted the earlier suspension order on replacement and activation of old Subscriber Identification Module (SIM) card. In a statement on Thursday, signed by the Director, Public Affairs at NCC, Dr Ikechukwu Adinde, the Commission said the lifting of the ban was on the condition that the person must […]
Will your phone have WhatsApp from January 1?
By Emmanuel Elebeke Some WhatsApp enthusiasts may have cause to worry as their phones may no longer run the Whatsapp app from January 1st, 2021. Some of the affected phones include iPhones and Android smartphones. According to the company, the move is to withdraw its support for older versions of Operating System (OS) from next […]
Phones that may not run WhatsApp app from January 1, 2021
By Emmanuel Elebeke Some WhatsApp enthusiasts may have cause to worry as their phones may no longer run the Whatsapp app from January 1st, 2021. Some of the affected phones include iPhones and Android smartphones. According to the company, the move is to withdraw its support for older versions of Operating System (OS) from next […]
