TECH
Jan. 3 | Facebook has raised $500 million US from Goldman Sachs and a Russian investment firm in a deal that values the social networking site at $50 billion, the New York Times reports.
Goldman invested $450 million and Digital Sky Technologies invested...
Sep. 17 | Nigeria’s science and technology policy, widely seen as inadequate, will be rewritten to serve the wider goals of the country, its science and technology minister said last week (7 September) at a stakeholders’ meeting in Abuja.
Mohammed...
Sep. 7 | Tech-savvy young Nigerians are gearing up to use BlackBerries, mobile phones and social networking services such as Twitter and Facebook to monitor polls in January, in an effort to stamp out electoral fraud.
Previous polls in Africa’s most populous...
Aug. 7 | Nigeria’s failed satellite, NigeriaSat-1, which disappeared from orbit in 2008 after its launch in 2003, it to be re-launched next year, Vice President Namadi Sambo has assured.
Sambo spoke on Friday at the opening of the Third Ordinary Session...
Jul. 21 | Three telecoms firms have subscribed to a new undersea cable linking Nigeria and West Africa to Europe, paving the way for a transformation in internet access in Africa’s fastest-growing telecoms market.
The Nigerian arm of Etisalat, South...
Jun. 28 | AP - Global engineering firm Technip Monday agreed to pay a 338-million-dollar fine for scheming to bribe Nigeria officials, the US Justice Department announced.
US officials had alleged that the Paris-based company was “engaged in a sophisticated,...
Jun. 14 | Bloomberg -A committee conducting further due diligence on prospective bidders for state-owned Nigerian Telecommunications Ltd. submitted its report to President Goodluck Jonathan, the Bureau of Public Enterprises said.
Chukwuma Nwokoh, a spokesman for...
Jun. 3 | ITAfrica- Experts have called for improved security systems to stem the menace of cyber crime in Nigeria.
Experts who spoke at the just concluded CTO forum in Lagos, said improved security was a prerequisite for wooing investors both locally and internationally,...
May. 21 | NAN - Information Technology experts have called on the Federal Government to provide legislation for the implementation of Nigeria’s Information and Communication Technology for Development (ICT4D) plan.
A communiqué issued by the...
May. 20 | The Economic and Financial Crimes Commission (EFCC) has written to the Attorney General of the Federation to request a copy from the German authorities of the sentence by a Munich court, which found two former Siemens managers guilty of bribery to...
