The Business NG - February 28, 2025

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In today's edition of BusinessNG, the spotlight is on Nigeria's economic and technological advancements. Key features include President Bola Tinubu's initiative to collaborate with Google, aiming to bolster Artificial Intelligence innovation and cloud adoption, positioning Nigeria as a digital leader. The edition also delves into the challenges facing the nation's oil and gas sector, particularly the critical skills shortage exacerbated by ongoing migration and retirements. Additionally, it highlights Nigeria's significant achievement as the largest beneficiary of Afreximbank's financing, receiving approximately $52 billion in cumulative support. The publication further explores the potential revival of the once-thriving textile industry under the current administration, emphasizing strategies for rejuvenation. Moreover, it underscores AIICO Insurance's advocacy for motorists to view third-party insurance not merely as a legal requirement but as a vital safety measure. These articles collectively provide a comprehensive overview of Nigeria's strides in economic development and technological innovation.