Would you like to receive notifications on latest updates of the following headlines?

Technology Integration Vital for Nigeria's Business Growth - Abanum

POSTED ON July 18, 2024 •   Business      BY Abiodun Saheed Omodara
Mr Collins Abanum, Science and Technology Expert

Mr. Collins Abanum, a science and technology expert at the department of science and technology education, faculty of education, Lagos State University, says technology has played a pivotal role in boosting business growth and overall economic development in Nigeria. 

During an exclusive interview with Rocketparrot News, Abanum shed light on the transformative power of innovative technologies and their significance in today's competitive landscape.

He stated that technology had become an integral part of existence for businesses looking to thrive in the digital age.

He said, “From automation and artificial intelligence to data analytics and cloud computing, advancements in technology offer unprecedented opportunities for companies to streamline processes, enhance efficiency, and drive sustainable growth.

The Science and technology lecturer emphasized that businesses that embrace technological solutions gain a competitive edge by improving productivity, accelerating decision-making processes, and delivering enhanced customer experiences. 

He stated that by leveraging cutting-edge technologies, organisations optimize operations, reduce costs, and unlock new revenue streams, ultimately fostering long-term success and scalability.

Abanum emphasized the importance of adopting a forward-thinking approach towards technology integration, urging businesses to invest in digital transformation initiatives that align with their strategic goals and objectives. 

He stressed that fostering a culture of innovation and encouraging continuous learning, companies could stay ahead of the curve and capitalize on emerging technologies to drive business performance and profitability.

Abanum further underscored the critical role of technology in driving inclusive growth and economic development. 

He noted that through democratising access to technology and fostering digital literacy, businesses could empower individuals and communities, spurring entrepreneurship, job creation, and socio-economic advancement on a global scale.
#

READ ALSO
Okpebholo announces interest-free loans for Edo traders January
BY Benedicta Bassey December 20, 2024 0

EDO STATE, Nigeria — Edo State Governor, Senator Monday Okpehbolo, has announced that his...

READ ALSO
Ekiti opens airport for private jets landing January
BY Benedicta Bassey December 20, 2024 0

EKITI, Nigeria —  Ekiti State Governor, Mr. Biodun Oyebanji, on Friday announced that the...

READ ALSO
FG plans to boost power supply with $750m World Bank loan
BY Benedicta Bassey December 19, 2024 0

ABUJA, Nigeria — In a bid to tackle the challenges in achieving steady power supply from the n...

READ ALSO
Petrol cost drops to N970 per litre, says Marketers
BY Benedicta Bassey December 19, 2024 0

NIGERIA — The Major Energy Marketers Association of Nigeria, MEMAN, has said that the landing...

READ ALSO
Macroeconomic instability barrier to Nigeria's capital market potential- SEC
BY Abiodun Saheed Omodara December 18, 2024 0

LAGOS, Nigeria (NAN) - The Securities and Exchange Commission (SEC) has identified limited investor...

READ ALSO
Cash Scarcity: CBN imposes daily withdrawal limit on Nigerians
BY Abiodun Saheed Omodara December 18, 2024 0

NIGERIA- The Central Bank of Nigeria has imposed a daily withdrawal limit of N100,000 on Nigerians u...

READ ALSO
Kogi Govt partners Chinese to strengthen economic ties boost infrastructure
BY Benedicta Bassey December 17, 2024 0

KOGI, Nigeria — The Kogi State Governor Usman Ododo, has engaged with Chinese Consular Ge...

READ ALSO
2025 budget: FEC mandate  final adjustments as Tinubu presents Wednesday
BY Abiodun Saheed Omodara December 17, 2024 0

The Federal Government on Monday approved the 2025 budget proposal. This follows the Senate’s...

OUR CHANNELS:

NUC approves 8 new degree programmes for Bichi technical college
BY Abiodun Saheed Omodara December 20, 2024 0

BICHI, Kano (NAN) - The National Universities Commission has approved eight new degree programm...


Group takes advocacy campaign on ACJL to Lagos Market
BY Benedicta Bassey December 20, 2024 0

LAGOS STATE, Nigeria — The Rights Enforcement and Public Law Centre (REPLACE) has again v...


Okpebholo announces interest-free loans for Edo traders January
BY Benedicta Bassey December 20, 2024 0

EDO STATE, Nigeria — Edo State Governor, Senator Monday Okpehbolo, has announced that his...


2025: Kaduna commits to fighting malnutrition
BY Abiodun Saheed Omodara December 20, 2024 0

The Kaduna State Government has reaffirmed its dedication to combating malnutrition in the state. T...


Economic hardship: Reps to return N704m 50% salary cut to Tinubu
BY Benedicta Bassey December 21, 2024 0

ABUJA, Nigeria — The House of Representatives will on December 31, 2024, present the sum...


Ekiti opens airport for private jets landing January
BY Benedicta Bassey December 21, 2024 0

EKITI, Nigeria —  Ekiti State Governor, Mr. Biodun Oyebanji, on Friday announced that the...


FG begins campaign to curb irregular migration among youths
BY Abiodun Saheed Omodara December 20, 2024 0

The federal government has embarked on a campaign to create awareness on the effects of irregular mi...


Government must prioritise best brains to drive growth, devt says Kumuyi
BY Benedicta Bassey December 20, 2024 0

LAGOS STATE, Nigeria —  The General Superintendent of the Deeper Life Bible Church, Pasto...


Nigeria achieves 80% success in combating kidnapping- Nuhu Ribadu
BY Abiodun Saheed Omodara December 21, 2024 0

ABUJA, Nigeria- The National Security Adviser (NSA), Nuhu Ribadu, has stated that the country has ma...


ACJL: Aliko, Group champion Human Rights for women
BY Benedicta Bassey December 20, 2024 0

LAGOS, Nigeria — Mrs Mariam Aliko, a renowned rights activist as well as a non-government...


More Articles

Load more...

Menu