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 […]
Applicant jailed 4 months for hacking into people’s Facebook accounts
Justice Darius Khobo of the Kaduna State High Court, Kaduna on Thursday, sentenced an applicant, David Kingsley, to four months imprisonment for hacking into people’s Facebook amounts and fraud. The Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Office charged Kingsley with fraud and impersonation. Justice Khobo sentenced Kingsley after he pleaded guilty to the […]
Telecom sector loses 4.76m data users in Q2, 2021
By Emmanuel Elebeke The Nigerian Communications Commission, NCC has just revealed that, the industry’s active data subscriber base dropped by 3.3 percent IN Q2, 2021, representing a loss of 4.76 million users. The report is its latest industry review for the quarter. It was published on its website. Nigeria’s telecommunications industry is dominated by four […]
Lamide Johnson joins KTN Global Alliance Africa as Country Lead
By Juliet Umeh Deputy Director , UK-Nigeria Tech Hub, Mr. Lamide Johnson,has joined the KTN Global Alliance Africa as Country Lead. Alliance Africa is an initiative of the UK government’s Department for Digital, Culture, Media, and Sports, DCMS, where he was also Interim Country Director. The appointment is a six-year pioneer project co-funded by the […]
Funding for start-ups: Decagon secures $26.5m financing from Sterling bank
By Juliet Umeh Tech start-up, Decagon, has closed a $1.5 million seed equity round from early-stage VCs as well as a $25 million student loan financing facility from Sterling Bank. Founder of the company, Mr. Chika Nwobi, said: “We were already profitable and growing 500 percent per annum but we see this capital as fuel […]
BMP Car expands to Togo with Voonov connection
By Juliet Umeh Lagos-based e-hailing start-up, BMP Car, has partnered with VOONOV, a company specialized in entrepreneurial engineering of start-ups to expand its operations in the Republic of Togo. BMP Car was officially launched in Lagos, last year, as two-in-one ride hailing platform. The CEO and Founder of the company, Mr. Ezekiel Ojo, while announcing […]
