Tesla, the iconic electric vehicle company, experienced a 12% drop in its stock value after presenting mixed results for the year’s second quarter. This behavior in the stock market has generated a mix of concern and expectation among investors. The reported earnings per share were $0.52, which fell short of Wall Street’s expectations of $0.61. […]
Read MoreA new report of the International Telecommunications Union (ITU), has ranked Nigeria very high at 71 per cent, in comparative legal, policy and governance frameworks towards G5 – advanced state of readiness for digital transformation known as G5 with Germany, Finland and Singapore leading the global chart. In the report conducted by the ITU, and […]
Read MoreMeta Shut Down 63,000 Accounts in Nigeria… Meta Platforms said on Wednesday it had removed about 63,000 accounts in Nigeria that attempted to engage in financial and sexual extortion scams mostly aimed at adult men in the United States. Nigerian online fraudsters, known as “Yahoo boys,” are notorious for scams that range from passing themselves […]
Read MoreThe Federal Competition and Consumer Protection Commission (FCCPC), has said that the $200 million fine against Meta Platforms Inc. and WhatsApp LLC was based on discriminatory practices and sanctionable offences committed. The acting Executive Vice Chairman of the Commission, Dr Adamu Abdullahi, said this at a news conference in Abuja, the Nigerian capital city. He […]
Read MoreNigeria needs to develop a framework for women’s integration of digital transformation to increase their representation in the technology space. Experts who gave the advice at the Nigerian Institute of Management Chartered (NIM) 2024 Women in Management and Leadership (WIMLEAD) Conference in Lagos, southwest Nigeria said that Nigeria had the highest rate of female entrepreneurs […]
Read MoreShareholders have defended Africa’s foremost industrialist, Aliko Dangote over the on-going petroleum product supply controversies, while criticising the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, for deliberate attempt at demarketing Dangote Petroleum Refinery and Petrochemicals. The shareholders under the aegis of Pragmatic Shareholders Association of Nigeria (PSAN) in […]
Read MorePresident Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged Dangote to explore potential investment opportunities in the country’s cement and fertilizer sectors, specifically urea and phosphate production. During the visit, Dangote […]
Read MoreThe Independent National Electoral Commission (INEC) has sought clarifications and sensitization on data protection from the Nigeria Data Protection Commission (NDPC). This request was made during an interactive meeting between INEC and NDPC at the INEC headquarters. The meeting aimed to ensure the proper protection of personal data of Nigerian citizens in INEC’s database. The […]
Read Morelnternet search giant Google has decided against removing cookies from its Chrome browser. This was revealed by Anthony Chavez, vice-president of the Google-backed Privacy Sandbox initiative, in a blog post. Internet cookies, also known as HTTP cookies, are small pieces of data sent from a website and stored on the user’s computer by their web browser while […]
Read MoreTECNO and Kick Off Game-Changing Football Pitch Initiative… TECNO has signed a Memorandum of Understanding (MOU) with the Lagos State Sports Commission, to kickstart a project aimed at refurbishing a local football pitch in Lagos. This signing marks the beginning of TECNO’s commitment to transforming underutilised fields into state-of-the-art training centres, nurturing raw talent into […]
Read More
