U.S. China reaching deal in dispute is ‘wake-up’ call for investors
U.S.-China trade relations have just been given a significant boost and this should act as a “monumentally loud” wake-up call for investors, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations. The…
AFPIF 2022: MainOne leads drive for Interconnection in Africa
West Africa’s leading provider of Connectivity and Data Center solutions, MainOne, an Equinix Company made new strides towards interconnecting and transforming Sub-Sahara Africa at the just concluded African Peering and Interconnection Forum (AfPIF 2022), in Kigali, Rwanda. Speaking at the…
Dangote to Conserve forex Via 40% sugar import substitution
…To employ 30,000 youths in Nasarawa Management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths. President of…
Nigeria’s Economic Indices Looking Bleak—NBS
The recently released Q2-22 GDP report by the National Bureau of Statistics (NBS) showed that Nigeria maintained its positive growth trajectory for the seventh consecutive quarter after the COVID-19-induced decline in Q2-20 and Q3-20. Precisely, real GDP grew by 3.54%…
Glo @ 19, Assures Total Commitment to Industry Excellence
As total telecommunications services provider, Globacom, celebrates its 19th year of operations, the company has lauded Nigerians for their loyalty to the network. In a press statement signed by its Deputy Chief Operating Officer, Mr. Bisi Koleosho, in commemoration of…
95% Digital Literacy in Nigeria by 2030 Awesome – Minister
The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, at the weekend in Gombe, said Nigeria’s march towards attaining 95 per cent digital literacy in 2030, as contained in the National Digital Economy Policy and Strategy (NDEPS),…
Fears as Nigeria’s Oil Output drops
According to the Organization of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production decreased in July to an average of 1.08 million barrels per day (mbpd) from 1.16 mbpd in the previous month, suggesting a decrease of 6.42 percent. Nigeria…
18.44% Jump in ICT Contribution to GDP Encouraging—Minister
The Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), is very excited to hear of the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria’s Gross Domestic Product (GDP) in the second quarter of…
NDPB to Work with NHIA on Data Protection and Privacy.
Dr Vincent Olatunji, the National Commissioner, Nigeria Data Protection Bureau (NDPB), led his team on a courtesy visit to Prof. Mohammed Nasir Sambo, the Director General, National Health Insurance Authority (NHIA) at the Agency’s Headquarters in Abuja. The visit which…
Strong Judiciary Key To Maritime Sector Growth—NIMASA DG
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has stated that the Agency will continue to take deliberate steps to work with critical institutions and professional bodies to reposition Nigeria’s maritime industry. Speaking…
