News articles

Alibaba officially becomes the biggest IPO ever

E-commerce giant, Alibaba has officially become the largest public offering in history, according to a report by Reuters. With the initial public offering ranking as the world’s biggest at $25 billion, it has surpassed a previous global record set by Agricultural Bank of China Ltd in 2010, when the lender raised $22.1 billion.

IBM opens new cloud resiliency center

IBM today announced it has opened a new cloud resiliency center in Research Triangle Park (RTP), North Carolina. The new cloud resiliency center will provide state-of-the-art business continuity capabilities in the cloud to protect companies from potential costly disruptions. [Via: Release]

Kaymu Launches Mobile App

Kaymu.com.ng has further expanded to mobile marketing with the launch of its mobile app. The mobile app is designed to make online shopping in Nigeria even easier and more convenient, with features that enable sellers to list products and buyers to select from a wide variety of products at a glance. The app will offer

Nigeria’s Communication Technology Minister says states should develop their own ICT policy

Nigeria’s Minister of Communication Technology, Dr. Omobola Johnson, has called on each state of the federation to develop an ICT policy aligned to the National ICT policy. According to Johnson, the policy should articulate how the state plans to leverage ICT for socio-economic development. The Minister also said that there was a need to establish a

JUMIA introduces same day delivery in Lagos

Leading online retailer in Nigeria, JUMIA has introduced same day delivery to its customers in Lagos, exactly two years after its major competitor, Konga introduced the same delivery service. According to Nicolas Martin, JUMIA’s Managing Director in a statement, the online retailer’s goal is to give customer the best of online retail experience with its express

Massachusetts Institute of Technology ranked the world’s top university for the third time

The Massachusetts Institute of Technology (MIT) has been ranked as the world’s leading university for the third time in a row, according to the QS World University Rankings released on Monday. The rankings also revealed that tech-focused institutions such as MIT and Caltech are increasingly becoming the focal point of a global race for innovation.

Apple announces four million iPhone pre-orders in 24 hours

Apple Inc today announced a record number of first day pre-orders of iPhone 6 and iPhone 6 Plus, with over four million units in the first 24 hours. The company’s latest smartphones released on September 9 will be available in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK beginning this

Top