Tesla has announced a significant decline in its financial performance for the first quarter of 2025, reporting a 71% decrease in net income to $409 million, compared to $1.4 billion in the same period last year. Revenue also fell by 9% to $19.3 billion, with automotive sales dropping 20% year-over-year. […]
technology
Tech Unite Africa (TUA) is set to return for its fourth edition, promising an unparalleled convergence of technology, innovation, and business. Scheduled for March 27, 2025, at the Muson Convention Center in Lagos, Nigeria, this year’s event aims to be the largest networking platform for the African tech industry, […]
The Nigerian Electricity Regulatory Commission (NERC) has unveiled new guidelines for power tariff hikes, providing a framework for electricity distribution companies (DisCos) to follow. The latest order, signed by NERC Chairman, Sanusi Garba, stated that pursuant to the provisions of the Electricity Act 2023, the commission is obligated to review […]
The former CEO of FirstBank, Adesola Adeduntan, has launched a new financial services firm called Sequoia Financial Services Limited. This was revealed by Adeduntan on LinkedIn where he shared his excitement stating, “I am happy to share that I am starting a new role as President and Founder of Sequoia […]
TikTok, a Chinese owned social media platform, has partnered with the National Information Technology Development Agency (NITDA) and Data Science Nigeria (DSN) to strengthen online safety and digital awareness in Nigeria. This was made known by Data Science Nigeria (DSN) on X, formerly Twitter, revealing that the collaboration aligns seamlessly […]
Airtel Nigeria has appointed Dinesh Balsingh as its new Chief Executive Officer (CEO) and Managing Director. This was revealed in a statement signed by the Director of Corporate Communications and CSR, Airtel Nigeria, Femi Adeniran. According to him, Balsingh brings over 20 years of experience in the telecommunications industry, having […]
AI Adoption in Nigeria, Media Professionals, others Reinstate Imperatives of New Technology Nigeria Africa’s largest economy is rapidly transitioning into a knowledge-based economy with the prospects of adoption of artificial intelligence, which is an enabler of growth, innovation, and increased productivity. This was the focus of discussion at the 4th […]
The convener, Digivation Future Summit, Dr Bayero Agabi, has called for the regulation of social media in Nigeria, stating the high possibility of social media regulating the lives of the citizens, should there be no moderation. He stressed this in his welcome address at the Digivation Future Summit 2024, […]
The Nigeria Computer Society (NCS) says its forthcoming international conference themed “technological solutions for smart economy (SmartEco 2024)” will focus on providing technological support for government by developing effective strategies to achieve a smart economy and sustainable for the nation. DigiVation Network reports that while addressing the media […]
The Digivation Future Summit (DFS) 2024 is set to be a landmark event, bringing together Africa’s brightest minds to explore the intersection of technology, business, and innovation, Dr. Bayero Agabi, President of Digivation Global Network, the event’s organizer has said. In a statement in Lagos, Bayero emphasized that the […]
