After 3 bullish performances, ICT contribution to GDP declines by 3.72%

After 3 bullish performances, ICT contribution to GDP declines by 3.72%

By Emmanuel Elebeke The contribution of the Nigerian Information and Communication Technology sector to the Gross Domestic Product, GDP, in Q3, 2021, declined by 3.72 percent from 17.92 percent recorded in the preceding quarter. In nominal terms, the aggregate GDP in the period under review stood at N45.11trillion. This performance is higher when compared to […]
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PDP Diasporan members hail party’s retreat

PDP Diasporan members hail party’s retreat

…Flay Buhari for nation’s poverty, despair By Dirisu Yakubu Stakeholders and leaders of the Peoples Democratic Party, PDP in the Diaspora, yesterday, commended the national leadership of the party for coming up with a retreat for newly elected national officers, saying the development would help champion a fresh course for the country. This is even […]

Oyo Gaming Board Forum: Akin Alabi calls for innovative policies

Oyo Gaming Board Forum: Akin Alabi calls for innovative policies

Oyo State Gaming Board, on Wednesday, engaged gaming operators and other stakeholders on better ways to improving gaming businesses. The well attended event was opened by the Secretary to the state Government of the state, Mrs Mrs Olubamiwo Adeosun who declared that that the state government prioritised the welfare of its citizens over revenue generation. […]

World Bank, experts, others react as FG ends petrol subsidy next year

World Bank, experts, others react as FG ends petrol subsidy next year

By Emma Ujah, Udeme Akpan & Ediri Ejoh The World Bank, experts and operators, on Tuesday, reacted as the Federal Government moves to pay N5,000 grant to 40 million Nigerians as part of measures targeted at cushioning the negative impact of petrol subsidy to be introduced in 2022. The Minister of Finance, Budget and National […]

CBN seeks eNaira-based products from PSBs, Fintechs

CBN seeks eNaira-based products from PSBs, Fintechs

By Babajide Komolafe In the bid to further deepen adoption of the nation’s Central Bank Digital Currency (CBDC), the Central Bank of Nigeria (CBN) has asked Payment Service Banks, PSBs and Fintechs to develop and introduce products based on the e-Naira. Director, Information Technology Department (ITD), CBN, Mrs Rakiya Mohammed, made this position known in […]