News

Tech Giant, Intel Co-founder, Gordon Moore Is Dead

Published

3 years ago

March 25, 2023

Editor

Gordon Moore, a pioneer in the microprocessor industry and a cofounder of Intel, which at one time was the world’s largest semiconductor maker, died on Friday at the age of 94, Intel said.

Moore was a giant in the technological transformation of the modern age, helping companies bring ever more powerful chips to smaller and smaller computers.

An engineer by training, he cofounded Intel in July 1968, eventually serving as president, chief executive and chairman of the board.

Intel, based in Santa Clara, California, said Moore died “surrounded by family at his home in Hawaii.”

In its early days, Intel was known for continuous innovation, growing to become one of the biggest, most important companies in technology.

In an article in 1965, Moore first coined a theory that later became known as “Moore’s Law.” It stated that integrated circuits would essentially double in power every year. He later revised the law to say the doubling would occur every two years.

The axiom held true for decades and became synonymous with the rapid rate of technological change in the modern world.

“All I was trying to do was get that message across, that by putting more and more stuff on a chip we were going to make all electronics cheaper,” Moore said in a 2008 interview.

After earning his PhD from CalTech, Moore and a colleague in 1957 joined Fairchild Semiconductor Laboratory, one of the earliest firms to manufacture commercially viable transistors and integrated circuits.

As the company grew, the seeds were planted for the transformation of the peninsula of land south of San Francisco into what is now known as Silicon Valley.

Moore and longtime colleague Robert Noyce struck out on their own in 1968, bringing along a third, Andy Grove, who would become a future Intel CEO.

Moore retired from Intel in 2006.

– ‘Silicon Valley’s founding father’ –

Over his lifetime, Moore donated more than $5.1 billion to charitable causes through the foundation he set up with his wife of 72 years, Betty.

“Though he never aspired to be a household name, Gordon’s vision and his life’s work enabled the phenomenal innovation and technological developments that shape our everyday lives,” said Harvey Fineberg, president of the Gordon and Betty Moore Foundation.

Leaders of Intel heaped tribute on Moore.

“He was instrumental in revealing the power of transistors, and inspired technologists and entrepreneurs across the decades,” said Intel chief executive Pat Gelsinger.

“He leaves behind a legacy that changed the lives of every person on the planet. His memory will live on,” Gelsinger added on Twitter.

Google CEO Sundar Pichai said in a tweet that Moore’s vision “inspired so many of us to pursue technology,” while Apple CEO Tim Cook called him “one of Silicon Valley’s founding fathers.”

“All of us who followed owe him a debt of gratitude,” Cook said on Twitter. “May he rest in peace.”

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

5 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

8 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.