Business

Nigeria to Partner with Google on AI and digital innovation

Published

1 year ago

February 12, 2025

624 Views

President Bola Tinubu is currently in talks with Google to strengthen the country’s role in artificial intelligence (AI) and digital innovation.

Announcing the discussions on X after meeting Google and Alphabet CEO Sundar Pichai in Paris, Tinubu said the partnership would expand cloud infrastructure, upskill workers, foster AI research, boost cloud adoption, and position Nigeria as a global tech hub.

The President cited Nigeria’s AI progress, including work with Awarri Technologies and the National Centre for AI and Robotics (NCAIR) to develop AI tools and a Large Language Model (LLM) for Nigerian languages.

Tinubu said the talks with google aligns with his Renewed Hope Agenda, with the Communications Ministry and NITDA providing oversight and overseeing implementation.

Tinubu, who is currently in Paris on a private visit, will also attend the AU Summit in Addis Ababa before returning to Nigeria.

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Business

Naira Exchange Rates To Foreign currencies Thursday, June 18

Black Market
US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,865 Sell: ₦1,885

Published

1 hour ago

June 18, 2026

OCHEFA

14 Views

Official CBN Exchange Rates

US DOLLAR (USD) ₦1,360. 07

GREAT BRITISH POUND (GBP) ₦1,824.81

EURO (EUR) ₦1,577. 96

SWISS FRANC (CHF) ₦1,715. 75

JAPANESE YEN (JPN) ₦8.49

CHINESE YUAN (CNY) ₦201. 22

WEST AFRICAN CFA (XOF) ₦2.40

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,855.08S

AUDI RIYAL (SAR) ₦362.39

SOUTH AFRICAN RAND (ZAR) ₦84.04

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,405

GREAT BRITISH POUND (GBP) Buy ₦1,865 Sell: ₦1,885

EURO (EUR) Buy ₦1, 585 Sell ₦1, 605

CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370

CHINESE YUAN Buy ₦180 Sell ₦200

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460

CENTRAL AFRICAN CFA Buy ₦2, 220 Sell 2,300

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

Business

Enugu Air, airport concession to support state’s $30bn economy goal –Commissioner

“We looked at Enugu as an economic hub where tourism, hospitality, investment, and aviation can work together to drive growth.”

Published

24 hours ago

June 17, 2026

OCHEFA

28 Views

The Enugu State government said its new airline, Enugu Air, and the concession of the Akanu Ibiam International Airport, will support its plan of growing the state’s economy from $4.4 billion to $30 billion by 2031.

In a statement, the Secretary to the State Government, Chidiebere Onyia, outlined how the state government plans to use aviation, tourism, and agriculture to drive economic growth.

He said that the airport concession is part of a broader strategy by Governor Peter Mbah’s administration to re-position Enugu as a major economic hub in the South East.

“We looked at Enugu as an economic hub where tourism, hospitality, investment, and aviation can work together to drive growth,” he said.

Mr Onyia said that the state expects an increase in visitor traffic in the coming years and believes air transport will play an important role in supporting that growth.

He further explained that the government’s projections are linked to plans to attract tourists, investors and businesses to the state