Tech
Bitcoin Billionaire Gaius Chibueze Visits Fellow Bitcoin Expert Linus Williams (Blord) in Ebenebe, Anambra
Published
16 hours agoon
By
Ekwutos Blog
Billionaire Bitcoin mogul Gaius Chibueze, recognised as the first Black man from Africa to invest in Bitcoin, in 2011, paid a visit to his brother and fellow Bitcoin billionaire, Linus Williams, popularly known as Blord, at his residence in Ebenebe, Anambra State. The visit took place at Blord’s home, before the two proceeded to his BLORD Headquarters.
In a heartfelt post shared on social media, Gaius expressed immense pride in Blord’s achievements, highlighting his success as Africa’s most celebrated Bitcoin merchant. Gaius praised his brother for thriving in Ala Igbo, emphasizing the inspiration Blord provides to many, and spoke about their long-standing relationship, which has involved millions of USD worth of Bitcoin transactions since 2018.
During the visit, Gaius had the opportunity to tour Blord’s City of David Estate, a remarkable project located in Awka. Gaius was in awe of what Blord has built in the heart of Southeast Nigeria, noting that the estate is a testament to the entrepreneurial spirit of the Igbo people. He praised Blord’s ability to establish a multimillion-dollar business in Ala Igbo, showcasing that the region is fertile ground for nurturing global ideas and ventures.
Gaius further expressed his admiration for Blord’s decision to build his empire locally, reinforcing the message that location should not limit success. This aligns with the mission of Gaius’ Eastside Ventures, which champions the mantra, “Build Locally, Export Globally.”
In a powerful statement to his brother, Gaius pledged that the current generation of Ndi Igbo will work together to drive growth and development from their homeland. The shared vision, he said, is clear: “Making Ala Igbo Great Again.”
This visit highlights the growing influence of Igbo entrepreneurs in the global tech and finance space and serves as a reminder that great ideas can thrive from any location.
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Tech
MultiChoice Grants Free 3-Day Access To All DStv Channels For Connected And Disconnected Subscribers
Published
16 hours agoon
December 27, 2024By
Ekwutos BlogMultichoice has announced that it is giving all DStv customers free access to all channels for 72 hours starting from Friday, 27th December 2024 till Sunday the 29th of December 2024.
It said, “As we wind down the year and celebrate the holidays, DStv is happy to announce that we are making this December one to remember.
According to a statement by the TV operator, customers who have been disconnected can also benefit from the offer.
“From Friday, Dec. 27, to Sunday, Dec. 29, we’re giving all DStv customers, connected and disconnected, regardless of their current package, access to every channel and every show at no extra cost,” it said.
In November, BusinessDay reported that the service had become too expensive for 243,000 Nigerians as its prices have been raised three times in the last 12 months.
Read also: Nigerians berate MultiChoice over declared loss of 243,000 DStv, Gotv, subscribers
According to the firm’s report, the high inflation in Nigeria driven by the high cost of food, electricity, and fuel forced many of its customers to disconnect their decoders and resort to other sources of entertainment.
MultiChoice added however that the seasonal offer is open to all DStv subscribers but excludes GOtv subscribers.
“Whatever package you’re on, connected or not, this is your chance to unlock the full power of DStv Premium and revel in a world of endless entertainment and authenticity.
“For 72 hours, the only thing standing between you and the best in sports, kids’ programming, movies, and local dramas is your decoder. No payments or calls required,” it said.
Tech
1st ‘Level 4’ autonomous route bus in Japan hits the road in Matsuyama
Published
2 days agoon
December 26, 2024By
Ekwutos BlogMATSUYAMA — In a Japan first, a self-driving bus began operating here on Dec. 25 at fully autonomous “Level 4,” which does not necessitate manual driving given certain conditions.
According to the operator, Matsuyama-based Iyotetsu Group Co., this is the first regular service in the country for a route bus running at Level 4. The roughly 1.6-kilometer route it takes is between Takahama Eki-mae and Matsuyama Tourist Port stations, going both ways.
The fully electric vehicle can carry up to 12 passengers and run at a peak of 35 kmh. Of the roughly 60 round trips it takes, during winter driverless operations will be limited to between 8 a.m. and 4 p.m. Only cashless payments are accepted on board.
Safety officers holding Class 2 large vehicle licenses are aboard, while employees also monitor the bus’s operation remotely from an office within the city.
Iyotetsu began testing the self-driving function in October, and received approval from the Shikoku District Transport Bureau this month. The company stated that it chose a route that connects rail and sea transportation, and hopes to expand the service to other routes.
At a departing ceremony on Christmas Day, Ichiro Shimizu, the head of both Iyotetsu and the Nihon Bus Administration, said, “We hope the ‘Matsuyama model’ catches on nationwide to help resolve the driver staffing shortage that is becoming an issue in many places.”
(Japanese original by Akiko Hirose, Matsuyama Bureau)
Tech
Blackout as national grid collapses 11th time in 2024
Published
2 weeks agoon
December 13, 2024By
Ekwutos BlogBy Obas Esiedesa, Abuja
Nigeria’s national power grid managed by the Transmission Company of Nigeria, TCN, collapsed yesterday, the 11th time in 2024, leaving the country in complete blackout.
Data from the National System Operator, NSO, showed that as of 2pm yesterday none of Nigeria’s 26 power plants was on the grid.
Prior to that time, checks at about 1pm showed that 15 plants were on the grid generating a combined 3,087MW, with Egbin generating 666MW, Jebba Hydro at 427MW and Azura-Edo IPP at 379MW as top four power plants.
The latest collapse came despite a directive by the Minister of Power, Chief Adebayo Adelabu, for full implementation of the recommendations made by the ministry’s committee set up to resolve the challenges faced by the grid.
After the 10th collapse, the Minister promised that short, medium and long term measures would be taken to curb incessant electricity grid collapses.
Meanwhile, electricity distribution companies, DiscCos, confirmed the incident on their social media handles while assuring consumers that they were working with stakeholders to restore the grid.
Abuja DisCo in a post on its X (twitter) stated: “Dear Valued Customers, we wish to inform you that a system disturbance occurred on the national grid at 1:32pm today causing power outage across our franchise areas. While gradual restoration of power supply has commenced, be assured that we are coordinating closely with relevant stakeholders to restore power fully as soon as the grid is stabilized”.
Eko DisCo in Lagos posted: “Dear valued customer, kindly be informed there was a reported case of system disturbance on 11th December, 2024 at 13:32hrs which has resulted in a loss of power supply across our network. We are currently working with our partners as we hope for speedy restoration of the grid. We will keep you updated as soon as power supply is restored. Kindly bear with us”.
How grid collapse impacts our operations — GenCos
In a note on frequent collapse of the national grid, the Chief Executive, Association of Power Generation Companies (APGC), Dr. Joy Ogaji highlighted the significant mechanical and commercial impacts of grid collapses on generation companies (GenCos).
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Although the full industry-wide impact on GenCos is yet to be quantified, Dr. Ogaji revealed that the Kainji and Jebba hydro plants alone have incurred losses of N21.87 billion due to system instability this year.
“Grid collapse poses a significant threat to Nigeria’s power sector, resulting in frequent disruptions, equipment damage, and substantial revenue losses for GenCos. Technically, grid collapse can cause catastrophic damage to generators, transformers, and other critical infrastructure, leading to prolonged downtime and costly repairs”.
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