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Market Leaders, Others Laud Life Progress Booster as another 20 SMEs got N6m Grant

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Life Continental Lager Beer has received accolades for its Small and Medium Enterprises development initiative tagged: Life Progress Booster”, aimed at helping small and medium businesses grow by providing non refundable grants to entrepreneurs.

 

Speaking on the Life Progress Booster Initiative during the road show in Onitsha last week, South East zonal chairman, New Auto Spare Parts Association (NASPA) Nnewi, Mr. Alvis N. Umeh, said that Life Continental Lager beer has taken social and entrepreneurial development to another level with this scheme, which has helped many businesses grow since its inception four years ago.

 

According to him ’Life Progress Booster has helped many upcoming and small businesses in this state and I am very happy with the results recorded so far.

 

“If other companies can take up similar initiatives targeted at small businesses, it will elevate the status of our members and bring more into the fold”.

 

He also urged the brand to keep up with the initiative, as it is a medium to eradicate poverty in the country.

 

Also speaking, a senior lecturer in the Enugu State University, Enugu, Dr. Ferdinand Ozoani, described the initiative as a “complete noble step, which other brands should emulate”.

 

Dr. Ozoani noted that in the face of the present economic challenges Nigerians are going through, it is noble that a brand like Life Continental Beer is providing an enabling climate for small and micro businesses to grow, which is a way of investing in the economy of the country.

 

A total of 20 SMEs and artisans got a sum of N300,000 each to boost their businesses after successfully defending their business ideas in Ekwulobia, in Anambra State.

 

The beneficiaries include Nkeoma Joseph, who runs a business centre in Anambra state, Juliana Okafor, a beer parlour operator in Onitsha and 18 others expressed their delight and appreciation to Life beer for the grant.

Emmanuel Agu, Portfolio Manager, Mainstream Lager and Stout Brands, reiterating the brand’s commitment to the initiative said, “we believe in the strength and capacity of the people of the South-East to thrive in industry, but we also believe progress can only be achieved with support.

 

“Hence, the Progress Booster initiative was specifically created for the South-Easterners.”

 

“Through the years, Life Continental Beer has focused on empowering its consumers, and we are committed to continue contributing to their successes and achievements”.

 

In his own assessment, Trade Association Chairman of Spare Parts Dealers in Anambra (Nnewi North Local Government Area), Hon. Francis O. Okeke, said he is happy and excited that Life Beer can still continue the grant scheme to push for more progress and business growth amidst artisans in the state.

 

According to him, “since the initiative started in 2015, those who had accessed the grant had been able to improve their businesses and grow bigger.

 

‘’I am aware that some of our members who got the grants previously, are doing better with their businesses than before; we are very excited and happy with the beer company’’, he said.

 

Consumers interested in benefiting in the initiative are enjoined to drop their business proposals in designated collation centres or visit life-nigeria.com.

 

They will be shortlisted by a team of business plan analysts before proceeding to pitch their business ideas to a team of three experts to qualify for a boost of N300, 000.

 

Life Continental Lager Beer is an alcoholic beverage from the stables of Nigerian Breweries Plc made from the choicest grains, hop extract and the purest of waters.

 

It is brewed to give that rich, crisp distinctive taste and well-rounded aroma in true quality fashion of the master brewers

 

 

 

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Nigeria Spends $470m on AI-powered Surveillance Devices- Report

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Nigeria has emerged as the largest investor in artificial intelligence-driven surveillance systems on the continent, committing over $470 million to advanced monitoring technologies, according to a new report.

Nigeria Spends $470m on AI-powered Surveillance Devices- Report

Pic credit…bokysee.com

The study found that Nigeria, alongside 10 other African countries, has collectively spent no less than $2.1 billion on AI-powered surveillance infrastructure.

AI-powered surveillance devices represent a significant shift from passive recording to active, real-time monitoring and threat detection

The study, described as the most comprehensive account of smart city surveillance in Africa, examined deployments in Algeria, Egypt, Kenya, Mauritius, Mozambique, Nigeria, Rwanda, Senegal, Uganda, Zambia and Zimbabwe.

These investments include facial recognition systems and automatic number plate recognition tools aimed at strengthening security and urban monitoring.

The report, titled “Smart City Surveillance in Africa: Mapping Chinese AI Surveillance Across 11 Countries,” was produced by the Institute of Development Studies and released in March 2026.

It highlights Nigeria’s position at the forefront of adopting smart surveillance technologies, reflecting a broader trend across Africa where governments are increasingly turning to AI solutions to address security challenges and improve urban management.

“This level of expenditure translates into an average spend in the region of $240m per country.

“Nigeria alone has documented public expenditure of $470m AI-enabled facial recognition and ANPR, making it the continent’s largest buyer of smart city surveillance technologies,” the report stated.

“In all cases, we know that the real total is significantly higher because surveillance spending is often secret; no figures were available for two of the 11 countries studied; the public accounts for the other nine countries were incomplete; and this study included only 11 of Africa’s 55 countries,” the researchers noted.

The report said most of the surveillance infrastructure deployed across the countries was supplied by Chinese firms and financed through soft loans from Chinese banks.

“The Chinese safe city surveillance package is typically financed by soft loans from Chinese banks.

“A typical package involves a loan of $250m from Eximbank tied to the purchase of surveillance cameras from Hikvision and a command and control centre built and serviced by Huawei or ZTE,” it said.

The report explained that the packages usually include thousands of smart closed-circuit television cameras capable of transmitting geo-located facial recognition and vehicle number plate data in real time.

“The Chinese safe city package typically includes installing thousands of smart CCTV surveillance cameras, which transmit geo-located facial recognition and car number plate data in real time for analysis using artificial intelligence at dedicated data centres that serve as command and control facilities for police and security operatives,” the report added.

The study further revealed that China supplied smart city surveillance technologies to all 11 countries reviewed, while South Korea and Russia supplied three countries each, and the United Arab Emirates supplied two.

It added that the actual spending across the region could be significantly higher due to secrecy around surveillance budgets and incomplete public financial records.


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Metaverse Collapses, Horizon Worlds Shuts Down on Quest

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The metaverse, championed by Meta (formerly Facebook) in 2021, has largely collapsed due to low user adoption, technical limitations, and massive financial losses exceeding $80 billion.

Metaverse Collapses, Horizon Worlds Shuts Down on Quest

Mark Zuckerberg

Meta is shutting down its flagship VR platform, Horizon Worlds, in June 2026, marking a major shift toward AI and mobile-first strategies.

The app will be removed from the Quest store on March 31 and discontinued in VR by June 15, continuing only as a mobile service.

Horizon Worlds, launched in 2021, was central to Meta’s rebranding from Facebook and its vision of a fully immersive virtual environment.

Despite billions in investment and high-profile partnerships, the platform failed to attract a large user base and struggled with design limitations and weak engagement.

Reality Labs, the division behind the metaverse push, has accumulated nearly$80 billion in losses since 2020, including more than$6 billion in a single quarter.

Recent layoffs affecting around 10 percent of the VR workforce, along with the shutdown of related projects, underscore a broader pullback.

Competition and shifting priorities have accelerated the decline.

Rival platforms such as VRChat maintained stronger communities, while Meta increasingly redirected resources toward AI and hardware, including its Ray-Ban smart glasses.

Although Meta says it remains committed to VR, the closure of Horizon Worlds signals a strategic reset.

The company is repositioning its future around AI-driven products, marking a decisive shift away from its earlier metaverse vision.


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FG Plans New HIV Prevention Injection in 8 States, FCT

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Federal government has commenced is to roll out a new long-acting HIV prevention drug, Lenacapavir, in selected states as part of efforts to reduce new infections and end AIDS as a public health threat by 2030.

FG Plans New HIV Prevention Injection in 8 States, FCT

Dr Iziaq Salako, minister of State for Health and Social Welfare, who disclosed this during a media briefing in Abuja, on Monday said the injectable drug will be deployed in eight states and the FCT.

The states are Anambra, Ebonyi, Gombe, Kwara, Akwa Ibom, Cross River and Benue.

Lenacapavir, a twice-yearly injectable pre-exposure prophylaxis (PrEP), is designed for HIV-negative individuals at substantial risk of infection.

Dr Salako said its introduction marks a significant shift from daily oral prevention options, particularly for individuals who struggle with adherence.

The Minister explained that Nigeria’s adoption of the drug followed its selection by the Global Fund as one of nine early adopter countries, after expressing interest in 2025.

He further said about 52,000 doses have already been secured to support the initial phase, with the first batch delivered and preparations underway for facility-level deployment.

He, however, stressed that the drug is strictly preventive and not a treatment for people living with HIV, warning against misconceptions that could encourage risky behaviour.

“This is not a cure or a licence for unsafe practices. It is an additional layer of protection for those at higher risk,” he said.

The minister explained that the rollout would begin on a controlled scale to allow close monitoring of safety outcomes and effectiveness before expanding nationwide.

He noted that implementation would be guided by the National Pre-Exposure Prophylaxis Implementation Plan covering 2025 to 2028, with focus on service delivery, supply chain management, financing and community engagement.

Adebobola Bashorun, national coordinator of the National AIDS, Viral Hepatitis and Sexually Transmitted Infections Control Programme, said the rollout strategy was informed by data and stakeholder collaboration.

He added that the injectable would complement, not replace, existing prevention methods such as oral PrEP and other long-acting options.

According to him, early observations show minimal side effects, mostly mild pain at the injection site.

Dr Temitope Ilori, director-general, National Agency for the Control of AIDS, described the development as a major boost to HIV prevention strategy, especially among high-risk populations.

She cautioned that the drug does not protect against other sexually transmitted infections or unintended pregnancies and is not recommended for pregnant women.

Similarly, Charles Nzelu, director of Public Health, said the innovation could significantly improve adherence to prevention programmes, given its twice-yearly dosage, but emphasised the need to sustain other preventive measures.

International partners also expressed support for the initiative while Josephine Aseme, chairperson of the Nigeria Key Population Health and Rights Network, described the injectable as long-awaited and potentially transformative for vulnerable groups.

 

 


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