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Co-Founders want ousted Web Summit CEO to divest
Sopuruchi Onwuka Co-founders of Europe’s largest technology conference, the Web Summit, have demanded the ousted Chief Executive Officer, Paddy Cosgrave, to sell his majority stake in its parent company to save the company from industry indignation. Mass resentment towards the…
Oil industry leaders restate pledge to gender diversity
Sopuruchi Onwuka Petroleum industry captains in Nigeria have reiterated their resolve to create equal opportunity work environment for both male and female professionals and business owners. The agreement among all panel discussants at the 2023 Annual International Strategic Conference of…
China to haul $40 bn at chip industry competition
China’s government is working to push massive 300 billion yuan, the equivalent of $41 billion, into its semiconductor sector as the country ramps up efforts to catch up with the U.S. and other rivals. The cash haul to be raised…
NCDMB deploys initial Project 100 firms, targets annual N1.6 trn value
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has deployed the first set of 17 firms from its Project 100 programmes into building local capacity for technological innovation for the domestic petroleum industry services. The agency which regulates…
NCDMB commissions three ICT centres in Akwa Ibom
Sopuruchi Onwuka Three secondary schools in Akwa Ibom State will now conduct academic activities with the ease of Information and Communication Technology (ICT) infrastructure, courtesy of the Nigerian Content Development and Monitoring Board (NCDMB). The agency which is leading capacity…
NCDMB to launch 17 firms from technology incubation centre
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that it will today launch new 17 portfolio companies that have passed through the Board’s Technology Incubation and Innovation Centre (TIIC). The local capacity building agency and domestic…
Twitter declares feud with Meta over the new Threads app
Twitter has threatened legal action against Meta, accusing it of poaching former employees and unlawfully misappropriating trade secrets and intellectual property, according to a report by Semafor. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta…
Nigeria offers 4 unique incentives for tech investors __ Inuwa
Sopuruchi Onwuka Global investors interested in establishing in the Nigerian tech ecosystem have a guarantee of basic incentives that come with existing strong market base of some 200 million people. Director General of the National Information Technology Development Agency (NITDA),…
Billionaires’ game: Bill Gates cruises Galaxy Z Fold 4 with Microsoft softwares
Sopuruchi Onwuka, with agency reports After revealing that he used a Samsung Galaxy Z Fold 3 instead of Apple phones last year, Microsoft founder, Bill Gates has updated that he has now upgraded to a Samsung Galaxy Z Fold 4….
Facebook, Twitter boot staff to maintain balance
Meta; the parent company of Facebook, Instagram and WhatsApp fired 11, 000 workers in a single day after reporting its biggest one-day loss on Wall Street in early February when the company’s worth plummeted by over 26% or about $230…
