Technology

Nvidia plunges but tech shares rebound, oil prices slump

Technology share prices clawed back some of last week's sharp losses on Monday, though gains were tempered by a plunge in Nvidia following a probe into its boss Jensen Huang over claims of an affair with an alleged Chinese spy.
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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 […]

FG shuts down telecom activities in Zamfara over insurgency

Barely six months after declaring Zamfara State a ‘no-fly zone’, the federal government in a renewed effort to fight banditry and other forms of insecurity in the state, has shut down all telecom activities in Zamfara state.

SMEDAN decries dearth of intellectual property knowledge among SMEs

By Juliet Umeh  Director-General, Small & Medium Enterprises Development Agency of Nigeria, SMEDAN Dikko Umaru Radda has said that most Small and Medium Enterprises, SMEs struggle because they refuse to take advantage of intellectual property benefits to their businesses. Radda said that robust intellectual property, IP, can grow businesses as much as it contributes to […]

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