• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, July 25, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

‘Google Products Generate $1.8bn In Economic Activity In 2023’

by Royal Ibeh
10 months ago
in Business
Google
Share on WhatsAppShare on FacebookShare on XTelegram

A new report released on Thursday, revealed that Google’s products and services alone contributed an estimated $1.8 billion to Nigeria’s economic activity in 2023. This impact is equivalent to supporting over 200,000 jobs annually.

Advertisement

The report conducted independently by Public First, released by Google on Thursday, underscores the significant economic impact of digital technologies in Nigeria.

With Nigeria experiencing rapid digital development, the report highlights the potential for further growth. According to the study, every $1 invested in digital technology in Nigeria generates over $8 in economic value. This emphasises the critical role of digital technology, including connectivity, cloud computing, and artificial intelligence (AI), in shaping Nigeria’s economic future.

Google’s digital skills programs, including Digital Skills for Africa and the Career Certificates Program, have helped millions of Nigerians, with over 1.5 million young adults learning new digital skills in 2023 alone.

The report estimated that AI could increase Nigeria’s economy by an additional $15 billion by 2030, with Google’s commitment to responsible AI development set to play a pivotal role.

RELATED

Experts Laud New CBN Policy On Diaspora Remittances, Urge Close Monitoring Of IMTOs

CBN Survey Shows Interest Rates Now Business Firms’ Biggest Constraint

13 hours ago
Fitch Upgrades Benue State, Affirms Lagos, Kaduna’s Ratings

Fitch Upgrades Benue State, Affirms Lagos, Kaduna’s Ratings

13 hours ago

In 2021, Google committed $1 billion to accelerate Africa’s digital economy, focusing on improving internet access, supporting local entrepreneurs, and fostering innovation. The Nigeria Digital Opportunity report illustrates how these investments are already creating lasting impacts in the country.

The report also provides strategic recommendations for policymakers, advocating for increased cloud-first policies and enhanced digital infrastructure to maximise AI’s potential in Nigeria. Additionally, it highlights the need for stronger STEM education and AI fluency to prepare Nigeria’s workforce for the future.

In his reaction, the director, West Africa at Google, Olumide Balogun, said, “We’re thrilled to see the positive impact that digital technology is having on Nigeria’s economy. This report underscores the importance of continued investment in digital skills and infrastructure to unlock the full potential of Nigeria’s vibrant digital economy.”

Director & Head of Technology Policy at Public First, Amy Price, added, “Nigeria is a digital front-runner in Africa, and tech investment will be a powerful catalyst for further growth and development across the country. This is particularly true when it comes to connectivity, cloud computing, and artificial intelligence.”

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Google
SendShareTweetShare
Previous Post

FG Gives Enugu Small Business Owners N150,000 Grant Each

Next Post

Dallas Business Community Celebrates Nigerian Entrepreneur, Babayeju

Royal Ibeh

Royal Ibeh

You May Like

Experts Laud New CBN Policy On Diaspora Remittances, Urge Close Monitoring Of IMTOs
Business

CBN Survey Shows Interest Rates Now Business Firms’ Biggest Constraint

2025/07/25
Fitch Upgrades Benue State, Affirms Lagos, Kaduna’s Ratings
Business

Fitch Upgrades Benue State, Affirms Lagos, Kaduna’s Ratings

2025/07/25
Dangote Donates Bags Of Rice To 48 Charity Groups In Abuja
Business

Dangote Sugar Posts N430.21bn Revenue In H1

2025/07/25
Gas Supply Shortages, Infrastructure Deficiency Bane Of Power Sector Growth –Nnaji
Business

Gas Supply Shortages, Infrastructure Deficiency Bane Of Power Sector Growth –Nnaji

2025/07/25
FMN Rewards 3 Innovative Local Businesses With N10m Cash Prize
Business

Moody’s Upgrades Ecobank Ratings Outlook To Stable

2025/07/25
Equities Extend Losses By N345bn
Business

Stock Market Trades Above N84trn

2025/07/25
Leadership Conference advertisement

LATEST

FirstBank, NiDCOM’s New Platform Targets Safer Home Ownership For Nigerians Abroad

Transfer: Gyokeres For Arsenal’s Medical Saturday

2027: ADC Raises Committee On Membership Registration In Edo

Police Arrest 19 Suspected Cultists In Abuja

Man Nabbed Over Attempted Murder, Motorcycle Theft In Bauchi

Gov Ododo Appoints Onuche Aide On Grassroots Engagement

Ex-Senate President Lawan Congratulates New APC Chairman

Reps Plan Independent Agency To Monitor Abandoned Projects

Scavenger Apprehended With Firearm In Edo

Ex-Edo PDP Guber Running Mate Denies Plan To Dump Party

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.