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Telcos Jostle To Meet Customers’ Growing Appetite For Digital Contents

Telecommunication services providers are racing for improved digital contents to meet the yearnings of their customers globally. This is some of the findings in the United States of America, Africa and other parts of the world where customers’ appetite for digital contents is rapidly growing as the COVID-19 pandemic is accelerating the move to digital […]

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Nigeria’s Inflation Hits 15.75%, Highest Rate In 35 Months

The National Bureau of Statistics (NBS) on Friday reported that Nigeria’s consumer price index, (CPI) which measures inflation, increased by 15.75 percent (year-on-year) in December 2020, representing 0.86 percent points higher than the (14.89) percent rate recorded in the preceding month. The rate, which is the highest to be recorded in the past 35 months, […]

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No Approved COVID-19 Vaccines Yet In Nigeria – NAFDAC DG

The National Agency for Food and Drug Administration and Control (NAFDAC) on Friday said it had not received any application from COVID-19 vaccine manufacturers and therefore no vaccine has been approved by it to treat patients infected with the virus. The Director General of the agency, Prof. Mojisola Adeyeye, in a statement, warned Nigerians, especially […]

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‘Safeguard Your Online Trading From Scammers’ – INFINOX Boss

The Managing Director, Infinox, an online trading partner now available in Africa to empower traders in Forex, shares, commodities and other financial instruments trade, Mr. Jay Mawji, has advised online traders on the increasing need to safeguard their online trading from prowling scammers as they intensify their efforts to defraud traders. Mawji explained that the […]

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Nigeria’s Debt Stock Rises To N32.22Trn In Q3, 2020

The National Bureau of Statistics (NBS’) latest report Nigeria’s domestic and foreign debt stock rose to N32.22 trillion ($84.57 billion) as at September 30, 2020. In the report titled ‘Nigeria’s Domestic and Foreign Debt Q3 2020’, the agency disclosed that that the debt stock represented an increase of 22.93 percent as against N26.21 trillion recorded […]

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World Bank To Support Africa’s Livelihood-Enhancing Projects With Over $5Bn

The World Bank Group on Thursday unveiled plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agricultural productivity and promote livelihoods in 11 African countries of the Sahel, Lake Chad and Horn of Africa. The Breton Woods institution President, David Malpass, gave this hint at the One […]

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KACCIMA Seeks Re-opening Of Kano Airport For International Flights

The President of the Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA), Alhaji Dalhatu Abubakar, on Thursday urged the Federal Government to re-open international flights at the Aminu Kano International Airport in order to support business activities in the Northern part of the country. Abubakar, who noted that Kano state had become relatively peaceful […]

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ILO Advocates Better Conditions For Homeworkers As COVID-19 Cases Surge

The International Labour organization (ILO) on Wednesday canvassed the need for better working conditions for people working from home, saying that the COVID-19 pandemic has highlighted the poor working conditions experienced by many homeworkers who, prior to the crisis, numbered an estimated 260 million people worldwide In its latest report titled ‘Working from home. From […]

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FGN Disburses $324.6Mn Performance Grants To States

The Federal Government has disbursed another tranche of performance-based grants to states in the sum of N123.348 billion (USD324.6million) under its States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who disclosed this in a statement signed by the Ministry’s Director of Press […]

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OPEC Quota Cut: NNPC To Explore Gas, Condensate To Boost Revenue

The Nigerian National Petroleum Corporation (NNPC) on Wednesday unveiled plans to focus more on increasing gas and condensate production as a strategic step towards boosting its revenue earnings in the months ahead. The move by the state-owned oil corporation to explore the gas and condensate resources option was sequel to the cut of Nigeria’s oil […]