Tag Archives: President

 Nigeria is currently one of Africa’s main destinations for financial technology, and to say that fintech is booming in the country would only be stating the obvious. With almost a billion-dollar investment made between 2017 and 2018 alone, it is clear that a revolution is currently onstream in Nigeria’s fintech …

Nigeria’s public debt hit a total of N31.01tn at the end of June, the Debt Management Office (DMO) announced on Wednesday. This means that in the last five years under the President Muhammadu Buhari, the country’s debt rose by N18.89tn. As of the end of June 2015, one month after …

The Economic Community of West African States (ECOWAS) has postponed the planned launch of its single currency, the Eco. The body agreed to maintain a gradual approach for the launching of the currency. ECOWAS explained that a new date for the launch would be announced later. This was contained in …

The telecom industry has been characterized by rapid changes ever since telecommunication monopolies came to an end about 20 years ago. It is however no news that eSIM has been introduced recently into the Nigerian market by major telecommunications industry players. Each time an industry breaks new ground, it’s inevitable …

The Federal Executive Council on Wednesday approved the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper with N12.66tn budget projection for each of the three fiscal years. The approval was given at a virtual meeting of the council presided over by the President, Major General Muhammadu Buhari (retd.). The …

UNESCO Laureate, Professor Sir Bashiru Aremu has said that Iwo City in Osun State, Nigeria is very  secure and peaceful, good and condusive enough  for global  learning, Cultural exhibition, tourism sites, recreational Centres, most importantly  atmosphere  good for Federal Government to establish Federal College of Education. The World Acclaimed Distinguished …

As part of an effort to protect their investments, telecoms operators has asked Federal Government on creating a level playing field for Mobile Network Operators and Over The Top (OTT) players in the industry. They expressed worry that the unchecked deployment of undersea cables and fibre optic infrastructure in Nigeria …

A global tech market advisory firm, ABI Research, has said telecommunication companies (telcos) have a critical role to play in managing Nigeria’s transition from COVID-19-related stagnation, as well as provide a resilient national infrastructure to stimulate growth in the gross domestic product (GDP). Recall, Business Remarks reported Nigeria’s ICT sector contributed …

The National Bureau of Statistics (NBS) has disclosed that Information and Communications Technology (ICT) industry’s contribution to Nigeria’s Gross Domestic Product has grown by 0.97 in Q1 2020. The performance of the ICT sector was contained in the Nigeria’s Gross Domestic Product Report published by NBS. According to report, ICT …

Chairman, United Bank for Africa (UBA) Plc, Mr. Tony Elumelu has called on African countries to collaborate in post-Covid-19 era to tackle its challenges. Elumelu who was moderating the virtual leadership panel of Global leaders second edition of UBA African Day Conversations on Monday, emphasised the need for meaningful collaborations …