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…as Sector Contributes 17.92% to GDP in Q2 2021 …Ministry applauds industry growth, contribution to the economy New Statistics has revealed the Information and Communications Technology ( ICT ) sector has contributed 17.92% to Nigeria’s Gross Domestic Product (GDP) in the second quarter of 2021 ( Q2 2021 ). The …

  The House of Representatives Committee on Privatisation and Commercialisation, says the Privatisation of the Federal Government-owned entities, companies and properties is the only best options to drive the nation’s economy and boost revenue generation. The House insisted that the private sector is better placed to do better things that …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa affirmed the Commission’s willingness to partner with the Association of Chief Audit Executives of Banks in Nigeria, ACAEBIN, in tackling financial crimes and related challenges in the banking sector. “EFCC welcomes your suggestion of robust partnership. We cannot …

Telecommunications service provider, Globacom, has said that the over 50 million on its network can now watch TV on the go through its streaming service, GloTV. Launching the GloTV service in Lagos yesterday, August 24, 2021, the telecom operator said the service is accessible through Android, IOS apps, and the …

…Debunks claim of accessing First Bank accounts First Bank has asked its customers to avoid storing bank account and personal details on their mobile devices to combact fraud. The bank issued the warning in a disclaimer addressed to debunk claims by fraudsters on the ease of accessing First Bank accounts. …

The Federal Competition and Consumer Protection Commission (FCCPC) has issued a Merger Review (Amended) Regulations, 2021, to govern the notification and review of mergers under Part XII of the FCCPA. This was disclosed in a statement made avaialable to Business Remarks signed by the commission’s Executive Vice Chairman/ Chief Executive, …

The Nigerian Communications Commission (NCC) and the Nigeria Economic Summit Group (NESG) are considering possible areas of increasing collaboration to enhance the impact and contribution of telecommunications sector on Nigeria’s socio-economic development. This was the crux of deliberations during a courtesy visit by a delegation of the National Assembly Business …

Software giant Microsoft could be looking to invest in a major Indian startup, Oyo Rooms but the company might not have a whole lot to do with software. Microsoft is reportedly in talks to invest in Oyo Rooms. The investment could happen at a valuation of $9 million, marginally shy …

 Aliyu Momodu In the heat of the debate over Electoral Act Amendment Bill and the propriety and workability of electronic transmission of result, the House of Representatives invited the Nigerian Communications Commission, NCC, the nation’s telecoms regulator. The House also invited the Independent National Electoral Commission, INEC, to answer to …