30 C
Lagos
Sunday, January 17, 2021
- Advertisement -

In Conversation With the Vice President, Mastercard Chief Discusses Roles of Technology in Country’s Development

Opinion

2020: A Year Like no Other By Dakuku Peterside

The year 2020 was supposed to be a great year. It was another Leap Year – the famed Olympic Games year when...

The Time to Restructure is Now – Bola Tinubu

Being with you at this special event today, I am visited by two competing emotions. I continue to feel a profound sense...

Africa and the COVID-19 Vaccine – By Dakuku Peterside

The year 2020 will forever be synonymous with Covid-19, a pandemic that brought the world to her knees. For the first time...

Buhari is Repressing Human Rights and Getting Away With It – By Kolawole Olaniyan

President Muhammadu Buhari is failing to live up to his promises to ensure respect for human rights, obey the rule of law,...

Yemi Osinbajo, the Vice President of Nigeria, met with the Mastercard’s chief executive Ajay Banga during a private meeting in which the two discussed the importance of developing a digital framework for Nigeria to support the country’s ongoing transformation, ensuring the development of a more inclusive economy.

Vice President Osinbajo recognized the critical role of technology in driving Nigeria’s development, to help enable the country to benefit from the expansion of consumer and business spend as cities become hubs for commerce.

Mr Banga spoke to the company’s investment into the sector with the launch of Masterpass QR, which is geared to help local businesses overcome barriers to growth.

He further highlighted the role that technology and innovation is playing in driving new opportunities to enable diversified economic growth, a point that resonates with the government’s development goals. With half of the population residing in cities and generating more than 60 percent of the country’s GDP, it will be vital to find efficient ways to serve the growing demand on services and infrastructure. Current estimates predicate that by 2035 close to 30 million people are likely to live in Lagos, turning it into the largest megacity on the continent.

- Advertisement -
- Advertisement -

Business Profiles

Ngozi Edozien

Ngozi Edozien is the founder and Managing Director of Invivo Partners Limited. She has over 20 years’ experience in finance/private equity, general...

Sanyade Okoli

Sanyade Okoli is Chief Executive Officer at Alpha African Advisory. She has over 21 years of financial advisory, private equity, corporate, commercial...

Samuel Nwanze

Samuel Nwanze is a director of Transcorp Power. He holds an MSc. degree in Finance and Management from Cranfield University in the...

Olukemi Adeniji

Ms Adeniji has a law degree and a Masters in International Law and Diplomacy (M.I.L.D) from the University of Lagos. She has...

Chikezie Nwosu

Chikezie Nwosu is an experienced senior executive with over 29 years local and international experience in the oil & gas industry vis-a-viz...