Saturday , September 24 2022

Tag Archives: GDP

Dangote Urges CBN to Replicate Rice Production Feat in Other Sectors

Dangote Urges CBN to Replicate Rice Production Feat in Other Sectors

…Experts canvass robust non-oil export trade, technology to boost Nigeria’s economy President of Dangote Group, Alhaji Aliko Dangote, has urged the Central Bank of Nigeria (CBN) to replicate its feat in encouraging the production of rice, wheat, dairy and other economic crops to boost non-oil exports in the country. Dangote, who gave …

Read More »

Saudi Arabia Improves 5G Infrastructure for Pilgrims

Saudi Arabia Improves 5G Infrastructure for Pilgrims

… 5G technology to increase country’s GDP from $1.4b in 2021 to over $15b by 2030 Pilgrims and visitors from Nigeria and other parts of the globe to Makkah, Saudi Arabia for the yearly pilgrimage and visits are to experience improved communication services as the country is increasing its investments …

Read More »

FG to Increase ICT contribution to 30% by 2025

FG to Increase ICT contribution to 30% by 2025

The Federal Government has said it plans to increase the contribution of the Information and Communications Technology (ICT) sector to Gross Domestic Product from 14 per cent to 30 per cent by 2025. The government disclosed this in its ‘Nigeria Medium-Term National Development Plan 2021-2025: Volume II.’ It said it …

Read More »

ICT Q2 Contribution to GDP Rises by 20.54% in One Year

ICT Q2 Contribution to GDP Rises by 20.54% in One Year

…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 …

Read More »

Nigeria’s GDP to Grow by 2.6% in Q2 2021 – FDC

Nigeria's GDP to Grow by 2.6% in Q2 2021 - FDC

Financial Derivatives Company Limited (FDC) has said the Nigerian economy is expected to grow by 2.6 per cent in the second quarter of this year, up from 0.51 per cent in Q1. Analysts at Lagos-based FDC, led by an economic expert, Mr Bismarck Rewane, said the expansion of the GDP …

Read More »

ICT Sector Grew by 14.70% in Q4 2020

ICT Sector Grew by 14.70% in Q4 2020

The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami is very delighted that the Information and Communications Technology (ICT) sector recorded the highest growth rate of all the sectors of the Nigerian economy in both the fourth quarter of 2020 (Q4 2020) and the entire year 2020. …

Read More »