Kindly Share This Story: By Timi Olubiyi SMALL and medium-sized enterprises, MSMEs, are generally regarded as the engine of economic growth in developing economies. Similarly, a large concentration of SMEs, including micro and nano businesses, are easily noticeable in Lagos State the economic hub of Nigeria. The state enjoys a high presence of SMEs, Micro and Nano businesses more than any state in Nigeria. Why is that? The simple metric to this is that Lagos State has a population size of about 15 million, according to United Nations, UN, projections and it appears like a country within a country considering the strength of economic activity and the populace. In fact, without a doubt, Lagos State has a population estimate that is higher than some West African countries, namely: Guinea (13,132,795), Benin (12,123,200), Togo (8,278,724) and Sierra Leone (7,976,983). Even the population of the state is higher than that of some developed countries such … [Read more...] about Towards driving economic growth from SMEs perspective in Lagos
Technologies digital transformation
SINGAPORE - Sport Singapore (SportSG) has vowed to clamp down on the "unscrupulous practice of a few ActiveSG members" who re-sell bookings of its sports facilities for a profit. In a statement sent to The Straits Times on Friday (Feb 5), Sng Hock Lin, chief of ActiveSG, said: "Such behaviour is wrong, and deprives other ActiveSG members who genuinely want to play sports at our facilities at affordable prices." His remarks came on the back of two ST reports which documented the practice that has affected recreational athletes in sports such as badminton, tennis and football. Both stories gave voice to many members of the public who were disgusted and frustrated with the practice and seeming lack of action on the part of facility owners. In his reply, Sng added that SportSG has been monitoring the accounts of these resellers and has "blacklisted and suspended 255 accounts". He noted that SportSG has "already stepped up on-site enforcement measures", where hirers of the courts … [Read more...] about SportSG vows to clamp down on reselling of public sports facility bookings
VIENTIANE – As an important project along the “Belt and Road”, the Laos-China railway has been on a nine-year journey since it was approved by the Lao National Assembly in 2010 and officially started construction in 2016.The project provides employment opportunities and brings a wonderful life dream for thousands of local people, which is called a well-being project of bilateral cooperation. While more and more developing countries applaud the high efficiency and cooperative win-win of the Belt and Road initiatives, a few western medias are recently criticizing the project’s political and economic impact on Laos for illegally confiscating farmers’ land, slow compensation and relocation work, trying to negate the Laos-China railway completely. The insidious tricks reflect their ambivalence that they neither have willing to do themselves nor allow others succeed. To comment on the railway, comparing the critics who are lack of basic political and economic knowledge, the Lao … [Read more...] about Defaming Laos-China Railway is Ignoring Lao People’s Future
Source: Photo by Michael Dziedzic on Unsplash Chances are you've used one of these phrases recently, perhaps even today: “I’ve got to reboot.” “I’m searching my memory banks.” “My brain needs an upgrade.” “I’m having a system crash.” “I’m processing.” When we use this language, we are analogizing our brains with computers. I want to consider how the computer metaphor for the brain influences our daily lives. Whether we realize it or not, our default assumption is that the way to understand and fix what our brains are doing is the same as how we understand and fix our computers. To some extent, this is justified since our brains do carry out computations to accomplish some tasks. The computer metaphor has guided neuroscience for more than half a century. It has helped spur important discoveries about fundamental brain processes, such as how the brain achieves visual perception. But we are at a point of diminishing returns. The computer metaphor is leading us … [Read more...] about Do You Really Need a Brain “Upgrade”?
Tom Cruise has officially joined TikTok after deepfake videos of the actor went viral. Three bizarre deepfake videos of the Mission Impossible actor appeared on the platform in recent days under an account titled "deeptomcruise." A number of videos appeared to show Cruise doing various things like playing golf, doing a magic trick and recalling the time he met the former President of the Soviet Union. It has since been reported that the clips were created by Chris Ume, a video visual effects specialist from Belgium. But the quality of imitation achieved in the works has startled internet users this week and sounded alarms for what such technology is capable of achieving. A deepfake is essentially applying a digital animated mask on to a face that depicts a certain person and the Cruise ones are so realistic that viewers were genuinely confused as to whether they are real or not. The clips had amassed more than 11 million views on TikTok as of Tuesday and had also been … [Read more...] about Tom Cruise Joins TikTok After Deepfake Videos of Movie Star Go Viral