Tag Archives: Elon Musk

…Ranks 3rd After FibreOne, Spectranet Starlink, Elon Musk’s Internet company, has emerged as Nigeria’s third-largest Internet Service Provider (ISP) with 23,897 subscribers in the fourth quarter of 2023, according to latest ISP data released by the Nigerian Communications Commission (NCC) on Monday. According to the NCC data, Starlink’s active customers …

The leading pan-African e-commerce platform collaborates with Starlink to expand Africa’s access to internet connectivity Lagos (Nigeria), October 2023: Jumia, the leading e-commerce platform in Africa, has announced an agreement with Starlink, a satellite internet service, to retail the Starlink Residential Kit in Africa. With this partnership, Jumia aims to …

The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent. Figures released by the National Bureau of Statistics (NBS) showed that the sector recorded …

Elon Musk says he’s chosen new Twitter CEO. The billionaire entrepreneur said he has chosen a new CEO of Twitter and plans to step down from the role within about six weeks, the billionaire entrepreneur said on Thursday. Musk, who runs Tesla and Space X, did not disclose the identity …

Telecommunications stakeholders have called on the Nigerian Communications Commission (NCC) to create a level playing ground for players in the industry. This is coming on the heels of the controversies surrounding the emergence of Elon Musk Satellite Internet service, Starlink in Nigeria’s telecoms sector. The stakeholders expressed their opinions at …

In less than a month of being operational in Nigeria, it has been reported that the Satellite company owned by Elon Musk, SpaceX’s Starlink has made over $400,000 in sales. Elon Musk’s selection of two fintech companies to facilitate Starlink purchases has paid off, with the two firms reporting over …

Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter, saying a viable deal at a lower price wouldn’t be “out of the question”. Twitter shares briefly pared losses in afternoon trading. The stock has been dropping on concern that Musk could walk away from the …

A recent report from The Wall Street Journal has revealed that the US government is investigating Elon Musk, the SpaceX and Tesla CEO Elon Musk over his recent $44 billion acquisition. The report from the WSJ details an investigation opened by the Security and Exchange Commission (SEC) over Elon Musk’s …

Bitcoin investors have reacted to the American billionaire founder of Berkshire Hathaway, Warren Buffett throwing shade at the cryptocurrency during his company’s annual shareholders’ meeting at the weekend. Buffet, who is worth $116.8 billion, said he wouldn’t buy all the bitcoin in circulation for $25, as he doubled down on …

…Values at $44 billion Twitter has announced that it has accepted Elon Musk’s offer to acquire the publicly traded company at $54.20/share, valuing the social media platform at $44 billion. Moments after the news broke that Twitter trading was halted, the company issued a press release confirming that it was accepting Musk’s …