30 results
- 30 Nov 2023
Digitising Agricultural Processes for Smallholder Farmers to Boost Nigeria’s GDP by $67bn – DG NITDA
With the smallholder farmers producing an estimated 90% of the country’s food and contributing 21% to the Gross Domestic Product (GDP) of $477 billion, rejuvenating the agricultural sector by…
- 6 Sept 2017
FG to Boost Nigeria’s GDP Via Biotechnology
The Federal Government has announced plans to improve the country’s Gross Domestic Products (GDP) via biotechnology (the use of biological processes in industrial production). Mr Abayomi Oguntade,…
- 19 May 2022
Disruptive Technologies Critical to Agric Development – Inuwa, NITDA DG
Information and Communication Technology (ICT) has been described as critical role in the Agricultural sector that can guarantee cash flow and a major contributor to the nations' Gross Domestic…
- 16 Jun 2022
Nigeria’s Fiscal Woes to get Worst- IMF
International Monetary Fund (IMF) has again raised concern about the rising Federal Government fiscal deficit, warning it could hit 6.1 per cent of the nation’s Gross Domestic Product (GDP) as oil…
- 25 Oct 2021
CBN’s eNaira to Grow Nigeria’s GDP by $29bn in 10yrs — Buhari
President Muhammadu Buhari has said that the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product (GDP) by 29 billion dollars over the next 10 years. Buhari…
- 1 Dec 2013
Nigeria Owes $8.2Tr- DMO
Dr. Abraham Nwankwo, director general, Debt Management Office (DMO) has put Nigeria’s debt as at September this year at $8.2 trillion which he said is 22 per cent of the total Gross Domestic Product,…
- 3 Nov 2017
Nigeria’s Competitiveness Survey Will Spur Growth-Friendly Policies- NCCN
By peter oluka The National Competitiveness Council of Nigeria (NCCN) has said that Nigeria’s first national competitiveness report in November is part of its efforts in driving the viability of…
- 30 Apr 2014
IFBA Produces 600 Films in 3 Months
Victor Okhai, an Instructor at the International Film Broadcasting Academy (IFBA), Lagos, said that the academy produced 600 films between January and March, this year. Okhai disclosed this to News…
- 21 Aug 2022
LaPRSC: Danbatta Highlights Why Nigerians Must Explore Opportunities in the Digital Economy to Eradicate Poverty
Professor Umar Garba Danbatta, Executive Vice Chairman/ CEO, Nigerian Communications Commission, on Thursday addressed the 9 th Lagos Public Relations Stakeholders’ Conference on Leadership and…
- 19 Apr 2017
Nigeria to Grow by 0.8% in 2017 – IMF
The International Monetary Fund on Tuesday forecast 2.6 percent growth in sub-Saharan Africa this year, aided by a modest recovery in large economies South Africa, Nigeria and Angola. “Growth is…
- 3 Mar 2016
Jovago Hosts Industry Leaders at Annual Stakeholders Forum
Jovago, Africa’s largest hotel booking portal called for higher investment in the hospitality and tourism sector at its landmark Annual Stakeholders Forum which held in Lagos. The event themed…
- 6 Sept 2020
Danbatta Gives Account of 5-year Stewardship, Sets Priorities for Second Term
Prof. Umar Garba Danbatta, executive vice chairman and chief executive officer of the Nigerian Communications Commission (NCC), at the weekend hosted an interactive session with senior media chiefs…
- 2 Feb 2021
Onu Backs Electronic Voting System for Nigeria
Dr Ogbonnaya Onu, Minister of Science and Technology, said Nigeria needs to reform its electoral system by adopting electronic voting to help eliminate errors caused by human factor in compiling…
- 19 Jun 2014
AfDB Approves $300m Loan for Dangote Group
The board of directors of the African Development Bank has approved a $300 million loan facility for Dangote Group to enable the conglomerate to boost fuel supply and fertiliser production in…
- 29 Jun 2016
Financing Options For Nigeria’s Ailing Textile Industry
Regardless of the much touted “infrastructure deficit” of the Nigerian market, there have been unprecedented flow of investments from multinational manufacturing corporations into various sectors of…
- 5 Aug 2022
Pantami Reaffirms FG's Commitment to Indigenous Telecom Content
Prof. Ali Ibrahim Pantami, minister of the Communications and Digital Economy, has reaffirmed Federal Government's determination to reverse the trend of importation of all types of telecommunications…
- 16 Sept 2016
S&P Downgrades Nigeria Further into Junk Territory
S&P Global Ratings, a leader in credit rating, benchmarks, and analytics for capital and commodity markets has downgraded Nigeria further into junk territory, essentially casting question marks…
- 7 Jun 2021
Move Towards Exchange Rate Unification Positive - Report
A report by the FSDH Research has described recent move by the Central Bank of Nigeria (CBN) to achieve exchange convergence is positive, saying it would ensure clarity and improve market confidence…
- 24 Feb 2021
NAVSA: Creating A Viable Smart Agriculture For Nigerian Farmers
By Mubarak Umar One of the major challenges facing Nigeria’s agricultural practices for long is lack of relevant information. The challenges have contribute to inability of farmers to meet the rising…
- 21 Aug 2022
NCC Stays with Consumers in the Face of 5 Per cent Excise Duty
Recently at a stakeholders’ meeting in Abuja, organised by the Nigerian Communications Commission (NCC), the federal government disclosed her resolve to commence the implementation of five percent…
- 27 Jul 2013
Ecobank Nigeria Makes Available N50Bn to Agric Sector
Ecobank Nigeria has said it would grow its agriculture support loans to over N50 billion in the next one year, in line with its policy to support the growth and development of the agriculture…
- 29 Oct 2021
Nollywood Churns Out 375 Movies in Q3 of 2021– NFVCB
National Film and Video Censors Board (NFVCB) received and censored a total number of 375 movies produced by the Nigerian film industry, popularly known as Nollywood. The Department of Film…
- 17 Nov 2014
JABU Pro Chancellor Commends Aladekomo, Chams
Professor Anthony Imevbore, emeritus professor and Pro-Chancellor of Joseph Ayo Babalola University (JABU), has said Demola Aladekomo, group managing director, Chams Plc, and Chams Group still…
- 2 Sept 2015
Confusion over Buhari’s Free Meal for School Children
Vice-President Prof. Yemi Osinbajo on Tuesday said the President Muhammadu Buhari’s administration would soon commence giving primary school children free meals. This is after the All Progressives…
- 17 Jul 2015
Glo, MTN Pay Musicians N9Bn from Caller Tunes
MTN Nigeria and Globacom, two biggest mobile telecommunication operators in the country, generated over N9 billion for the local music industry in 2014 through the monetisation of caller tunes,…
- 24 Jul 2012
Minister Calls for Specialised Bank for Women
Dr Ngozi OKonjo-Iweala, coordinating minister for the Economy and minister for Finance has called for the creation of a bank that will cater exclusively for financing need of women. She said it is no…
- 22 Mar 2017
Helios Activates Exit Strategy, Sells Stake in Interswitch
Helios Investment Partners, the Africa-focused private investment firm managing funds worth up to $3 billion, has sold a minority stake in Interswitch to TA Associates, global growth private equity…
- 24 May 2017
0.5% GDP Contraction: Nigeria May Shock the Global Arena Soon- Otunuga
Following reports on Tuesday that Nigeria’s economy continued its slump and contracted for a fifth consecutive quarter in the three months through March as oil output declined, a research analyst has…
- 28 Jun 2017
Sub-Saharan Africa Needs More than just Connectivity - Report
Connectivity is an important enabler of digital content creation and knowledge production; however, a new study has found it is not an all-encompassing condition. Countries in Sub-Saharan Africa have…
- 16 Feb 2017
Investors Scramble for Nigeria's Bonds Despite Recession
Investors are lining up to buy dollar bonds Nigeria is expected to issue soon despite the country's first recession in a quarter of a century, a currency crisis and budget shortfalls driven by low…