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    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

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    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

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    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

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    Nissan Motors sells Yokohama Headquarters for $630 million

    Nissan Motors sells Yokohama Headquarters for $630 million

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    • World
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    • Economic Data
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    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

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    The New Tax Acts and Tax ID – What You Need to Know

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

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    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

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    Veritas Kapital Assurance Plc to raise ₦15 Billion capital by way of Private Placement

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    Zenith Bank Staff Fund acquires shares of the Bank worth over ₦2.31 Billion

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    SAHCO Plc appoints Adejo Olusegun as Chief Financial Officer

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

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    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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Nigerian app developers earned US$13 million from Google in 2023

Saturday, 5 October 2024, 9:19 am
in Business, Industry
0
Nigerian app developers earned US$13 million from Google in 2023
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Nigerian app developers earned US$13 million from the Android app economy in 2023, according to a report commissioned by Google.

Also read; Zrosk Investment acquires 10% equity stake in MeCure Industries

The report  “The Digital Opportunity of Nigeria,” conducted by global research firm Public first, revealed that the Andriod developer ecosystem supported over 24,500 jobs in Nigeria in the year under review.

According to the report, the Nigerian developers earned 1.86 percent of the estimated US$700 million earned by developer in Sub-Saharan Africa.

Nigeria, Kenya and South Africa boast of over 50,000 developers each.

Sub-Sahara Africa’s growing and youthful developer community ensures that it has a rich pipeline of developers, standing at over 500,000.

The Google report published on Thursday indicated that  Artificial Intelligence (AI) could add $15 billion to the Nigerian economy by 2030.

Mr. Olumide Balogun, Google’s Director for West Africa, shared this information during the Economic Impact Report Press Roundtable held in Lagos. He stated that achieving the projections outlined in Public First’s Digital Opportunity of Nigeria Report would rely heavily on Google’s commitment to responsible AI development.

Balogun noted that in 2023, Google’s products and services—including Search, Ads, YouTube, and Cloud—generated an estimated $1.8 billion in economic activity across Nigeria. This contribution significantly enhanced the productivity of Nigerian businesses, creators, and workers.

The report highlighted Google’s digital skills initiatives, such as Digital Skills for Africa and the Career Certificates Programme, which have benefitted millions of Nigerians. “In 2023 alone, over 1.5 million young adults acquired new digital skills,” he said.

Many of these developers are driving the success of the continent’s leading tech startups, including Flutterwave, Chipper, and Paystack. Olumide Balogun, West Africa Director, Google, noted that this rich pipeline of developers is crucial for building more successful businesses.

As Nigeria continues to experience rapid digital growth, the report emphasizes the potential for further development.

Android is particularly important in Nigeria because most Nigerians access the internet through a mobile device powered by Android.

An Android Developer is a software developer who specializes in designing applications for android operating systems.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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