ATCON @ AGM, seeks removal of ICT equipments from 41 items restricted in forex access
The Association of Telecoms Companies of Nigeria (ATCON) has traced the observed drop in the level investments in the telecoms sector to the prevailing restriction of forex access to some basic equipment needed in the development of the sector. The…
2016 Budget recorded paltry 55% implementation, N1.1tr shortfall in revenue
Contrary to earlier claims by the Minister of Finance, Mrs. Kemi Adeosun that the running 2016 national budget is on track to record over 70 per cent implementation, some government officials who were at the Senate Friday revealed that the…
Analysts explain why GDP squeezed by -1.30% in Q4 2016
Latest economic data released by the National Bureau of Statistics (NBS), in the fourth quarter of 2016, has shown that the nation’s Gross Domestic Product (GDP) contracted by -1.30 per cent (year-on-year) in real terms, from N18,533.75 billion in Q4…