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Jumia shares surge following rumours of Zinox acquisition


Speculations of a potential takeover of pan-African e-commerce firm Jumia Technologies by the Zinox Group, Sub-Saharan Africa’s leading tech conglomerate, has seen shares of the e-commerce giant rise by 14.81 per cent. Investigations show Jumia’s shares currently trading at $5.89 on the floor of the New York Stock Exchange (NYSE) after it spiked by 14.8 percent on Friday May 13, ...

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TD Africa clocks 23, rolls out special anniversary sale

TD Africa, Sub-Saharan Africa’s leading tech and lifestyle products distributor, is marking its 23 years of leadership in the ICT distribution segment with a special anniversary sale tagged Sellerbration. The company turned 23 on Sunday, May 15, 2022. Consequently, the management of TD Africa is rolling out the drums to celebrate its partner ecosystem for their loyalty and dedication to ...

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Twitter Deal financing: Musk offloads $billions worth of Tesla shares

Musk has sold almost $4 billion worth of stock Tesla shares after Twitter deal IT News Nigeria: Elon Musk has sold some $4 billion worth of Tesla shares aimed at securing $44 billion deal to buy social media platform Twitter, according to Report Securities and Exchange Commission filings published on Thursday said the Tesla CEO offloaded 4.4 million shares on ...

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Why Google’s Alphabet hit by shares slide – experts

Alphabet Inc. shares are down 5% post earnings, after missing on top and bottom lines + big miss on YouTube revenues Alphabet stock slid Tuesday after first quarter earnings for Google’s parent company came in below analyst expectations, with YouTube experiencing a sharp slowdown in advertising sales following a rapid expansion during the pandemic. The company’s core business remains strong, with ...

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World’s most sophisticated general-purpose humanoid robot debuts

Beomni is the world’s most sophisticated general-purpose humanoid robot, capable of performing an almost unlimited number of tasks. The robot is on display at the Explorers Club Headquarters this week in NYC. IT News Nigeria: Beyond Imagination, Inc. is building humanoid robots to solve the world’s labor crisis by expanding access to jobs around the globe.This week, the Beomni robot ...

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Walking-the-talk: NITDA Inaugurates Enforcement Committee on Domain Name Compliance

WhatsApp NITDA

NITDA says it has inaugurated enforcement committee to ensure compliance to Domain Name policy The National Information Technology Development Agency, (NITDA,) has said it is implementing the the new policy in line with the Muhammadu Buhari administration’s drive towards economic diversification and commitment to the development of a robust digital economy. A statement signed by Mrs. Hadiza Umar, Head, Corporate ...

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BoICT Lecture 2022 to Explore Impact of Blockchain Technology – Organizers

BoICT Lecture 2022 will explore the impact of Blockchain Technology in a Digitalized Nigeria IT News Nigeria: The organizers of this year’s Beacon of Information and Communication Technology (BoICT) awards/lecture series scheduled for May 28 has said the program will be exploring Impact of Blockchain Technology in a Digitalized Nigeria. This is contained in a release today, adding that, now ...

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Why NCC ITU membership a booster to digital Nigeria – Danbatta

NCC says its  vast experience as a long-standing member of the International Telecommunication Union (ITU) has served as a booster to the Commission in advancing Nigeria’s digital transformation IT News Nigeria:The Nigerian Communications Commission’s (NCC) vast experience as a long-standing member of the International Telecommunication Union (ITU) has served as a booster to the Commission in its effective implementation of ...

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