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Bitcoin rises as Tesla officially begins acceptance as currency

Tesla began officially accepting bitcoin as currency to purchase electric autos, Chief Executive Elon Musk said Wednesday, further boosting the digital money. “You can now buy a Tesla with bitcoin,” Musk said on Twitter, implementing a plan announced in February to accept the cryptocurrency as a form of payment. Near 1310 GMT, bitcoin was up […]

First tweet on Twitter fetches $2.9 mn at auction

The first message ever fired off at Twitter sold on Monday for $2.9 million when its sender Jack Dorsey accepted the winning bid for the collectible as a “non fungible token” or NFT at an auction. “Jack accepted the offer from sinaEstavi for $2,915,835.47,” read a tweet from the Valuables by Cent auction platform. “This […]

NITDA slams N5m fine on Electronic Settlement over data breach

…extends time line for filing of annual audit report By Emmanuel Elebeke National Information Technology Development Agency, NITDA, has ordered a data controller, Electronic Settlement Limited to pay the sum of N5 million as fine for certain breaches on personal data entrusted to the company. NITDA said its action was in line with the requirements of […]

CAC.gov.ng: Despite site upgrade, poor online customer service lingers

By Rasheed Sobowale The Corporate Affairs Commission (CAC) on December 24, 2020, announced the scheduled upgrade of its company registration software to accommodate changes in the Companies and Allied Matters Act (CAMA) 2020. The upgrade was scheduled to be completed on January 4, 2021. As promised, the site (cac.gov.ng) was again live and fully functional […]

Huawei sustains lead in global communications market by 31%

Huawei has maintained its leadership in the global wireless infrastructure market, increasing its market share by three per cent to 31 per cent. Analysts at the Dell’Oro for telecommunications infrastructure disclosed this in a report cited by Financial Street on Sunday. According to the analysts, the global wireless infrastructure market grew seven per cent in […]

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