Google announced on Thursday that, according to a recent analysis by Public First, artificial intelligence (AI) can boost Nigeria’s GDP by $15 billion by 2030. This was stated by Olumide Balogun, Director of Google’s West Africa, during the press roundtable for the Economic Impact Report in Lagos. Balogun stated that Google’s dedication to ethical AI…
The federal government has been tasked by the Manufacturers Association of Nigeria (MAN) with developing an industrial policy to direct the country’s industrialization efforts. At a seminar with the theme “Nigeria’s challenging economy: Strategies for recovery” to honor the country’s 64th anniversary of independence, Director General of MAN Segun Ajayi-Kadir delivered the keynote address. In…
Offering their customers the chance to win up to ₦1,000,000 and additional daily cash prizes, the Amber Spell and Win Promo will be available from September to December 2024. A new, striking, sleek, black and green PET bottle with the recognizable Amber emblem is being served by Amber along with this new promotion. With…
This amazing project is meant to express gratitude to the brand’s devoted customers who have supported it over the years. As the company celebrates Nigeria’s independence, it is thrilled to provide the best deals on food and necessities for the house to millions of customers, making shopping easy and fun for millions of Nigerians….
This was included in the Petroleum Products Distribution Statistics for 2023 that the NBS released on Tuesday in Abuja. According to the National Bureau of Statistics (NBS), imports of Premium Motor Spirit (PMS), commonly referred to as gasoline, totaled 20.30 billion liters in 2023. This was included in the Petroleum Products Distribution Statistics for…
The top payments technology business in Africa, Flutterwave, today announced that it has partnered with MainStreet Bank, a division of MainStreet Bancshares Inc. (Nasdaq: MNSB and MNSBP), to expand its Send App service to 49 U.S. states. Africans living abroad can send money to their relatives and friends back home more quickly, simply, and affordably…
As is well known, Nigeria is home to some of Africa’s liveliest and busiest cities. Although everyone wishes to remain in Lagos, it’s not the right place for everyone. The city is well-known for its business prospects, vibrant culture, and fast-paced way of life, but it also has drawbacks including expensive living expenses, heavy…
The convergence of cryptocurrency with online gaming in recent years has given rise to a sector with significant potential that is expanding quickly. Crypto gaming is a rapidly expanding market, especially after the global epidemic sparked a renewed interest in virtual currencies and online entertainment. Crypto casinos are becoming major players in the online…
As part of a targeted labor migration agreement, Germany, the largest economy in Europe, has agreed to accept 250,000 qualified and semi-skilled workers from Kenya. The goal of the deal is to alleviate Germany’s labor scarcity and Kenya’s employment issues. Kenyans will be able to apply for and be granted a temporary residency permit…
A slowed rate of economic growth results from the growing number of unbanked people in certain areas, which in turn exacerbates the poverty headcount ratio. Large numbers of unbanked people who do not yet have access to financial services present a major obstacle to Africa’s financial inclusion efforts. According to the World Bank, nearly 1.6…
