Search Results for "GDP"
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Aftermath presidential primaries: As the season of election promises beckons...

…rate by 2024 through the creation of three million jobs annually and to double Nigeria's GDP to $900 billion by 2025. In 2023, Tinubu campaigned on economic revival and job creation anchored on his record as Lagos governor. Three years on, unemployment and underemployment remain among the most frequently cited public g…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 49 views
Lagos positioned as Africa's geo-economic hub - Sanwo-Olu

…He noted that Lagos contributes about one-third of Nigeria's Gross Domestic Product (GDP) and is Africa's second-largest metropolitan economy after Cairo, with an output exceeding $259.75 billion on a purchasing-power-parity basis. "If Lagos were a country, it would rank as Africa's eighth-largest economy," Sanwo-Olu s…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
Why Africa's workforce, not just its startups, must be AI-ready

…AI could inject $2.9 trillion into the African economy, about a 3% annual increase in GDP. But there is a growing risk that the AI conversation is becoming too narrowly focused on the people building the technology, rather than the workforce whose ability to use it will ultimately determine how AI delivers meaningful e…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 22 views
Google's Alex Okosi on what's holding back Africa's AI startups 

…to Africa’s economy by 2035, equivalent to roughly 40% of the continent’s current GDP, if governments and private sector players move fast enough to deploy it at scale, according to projections from the African Development Bank. The technology, the bank estimates, could generate hundreds of thousands of jobs while sign…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 30 views
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