We’re living in a time when data and knowledge have become key resources for economic development. Developed economies have recognised this and have increasingly embraced knowledge creation as a way to secure their competitive advantage. They’ve done so by, among other things, investing more in education with an eye on producing more highly skilled graduates [...]
The new standard for cross-border payments dramatically improves the customer experience in cross-border payments by increasing their speed, transparency and end-to-end tracking 15 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. SWIFT gpi is the largest change in cross-border payments over the last 30 years. [...]
In 2016, the United Arab Emirate (UAE) appointed Ohood Al Roumi as its Minister of State for Happiness. Her job was to push a national agenda to make the UAE the happiest of all nations. "Happiness is a serious job for governments," Al Roumi said in March, 2016 when she first spoke publicly about her [...]
On Saturday, May 26, two popular Nigerians who have set big goals and achieved them, Former Governor Peter Obi and Filmmaker Omoni Oboli will speak to some young and dynamic, business minded Nigerians on how to succeed in their assignments. What is your assignment? What is your purpose in life? What is the place of [...]
Imagine if you had a device that could feed you popcorn, as shown here. Or an alarm that hit you in the face to wake you up. Or a helmet that brushed your teeth for you. Inventor Simone Giertz has made all of these inventions. The thing is, they all kind of fail, but that’s [...]
Nigerians have always implemented new ideas to create value for their communities. They keep breaking barriers and making home-made solutions for everyday challenges. Here are five innovations from young Nigerians that should blow your mind. Koniku Kore It is the first device to fuse live neurons from mice stem cells into a silicon chip. It [...]
Disruption is easier when it's on the ground. It becomes a different ball game when you are shooting for the skies. FAA, the agency tasked with keeping American skies safe will not allow Uber put taxis in the skies too soon as the agency has insisted on 'safety first'. Uber's plan is to build a [...]
Living in Lagos can be really stressful. From waking up at 4:30 am so as not to get to work late, to spending hours in traffic on my way back home; I hate my life in Lagos, but this is where I'd rather be. Where else will I earn more than N200,000 per month as [...]
I know what you’re thinking (this is definitely clickbait! ) who makes money by offering free services? Well, the good news is that it’s possible for professional and amateur photographers to make extra money by offering free photo shoots or taking pictures during leisure time. How is this feasible? Two words -- stock photography. An [...]
Let’s paint an ugly but realistic picture of the current economic situation. The inflation rate is unpredictable, income is stagnant and prices are rising every year. The value of your money dwindles even when you continue to work hard. The solution most financial experts give is to save 20% or create multiple sources of income [...]
