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Telecommunications remains the best enabler in expanding the frontiers of financial inclusion in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has said.

NCC contributes N2.272 trillion to Nigeria’s GDP – chief

The Executive Vice Chairman of the Nigeria Communications Commission (NCC), Umar Garba Dambatta, has said that the contribution of the Telecommunication sector to the country’s Gross Domestic Product (GDP) has risen from 8.5 per cent in 2015 to 14.3 per cent as at September this year amounting to N2.272 trillion.
Governor Nyesom Wike on Tuesday claimed the Niger Delta Development Commission, NDDC, spent the sum of N10 billion to fight him during the 2019 governorship election.

Governor Wike urges central bank to support Rivers’ cassava processing initiative

Rivers State Governor Nyesom Ezenwo Wike has expressed optimism that the State’s $12 million Cassava processing initiative will create jobs and enhance the Gross Domestic Product (GDP) of the country.
#EndSARS protests

#EndSARS: Economy loses N54 billion daily under curfew – bank

At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown up against Nigeria’s struggling economy.
APEC SME Ministerial Meeting chaired by Malaysian Entrepreneur Development and Co-operatives Wan Junaidi Tuanku Jaafar.

APEC ministerial meeting urges for greater support for MSMEs

Entrepreneurial ministers and representatives of Asia-Pacific Economic Cooperation (APEC) economies on Friday pledged greater support for Micro, Small, and Medium-sized enterprises (MSMEs) which have been hard hit by the COVID-19 outbreak.

IMF: Sub-Saharan Africa economy will recover by 3.1% in 2021

The International Monetary Fund (IMF), says economic activity in sub-Saharan Africa is projected to recover by 3.1 per cent in 2021 after declining by 3.0 per cent in 2020.
Gov. Ifeanyi Okowa of Delta on Friday, swore in three new Customary Court of Appeal Judges for the state.

Delta governor calls for viable healthcare financing in all states

Gov. Ifeanyi Okowa of Delta has called for the adoption and implementation of a viable and sustainable healthcare financing programme for states in the country.
Gov. Ifeanyi Okowa of Delta on Friday, swore in three new Customary Court of Appeal Judges for the state.

Delta governor decries poor financing of public healthcare

Okowa made the call at the 40th Annual General Meeting and Scientific Conference of Nigerian Association of Resident Doctors, NARD, with the theme; “Health Care Infrastructure Optimization and Adaptation in the face of a Global Pandemic: The COVID-19 Challenge” as a theme at Delta State University Teaching Hospital, Oghara.
Peter Obi

VP Osinbajo, Peter Obi call for more investment in education

Vice President Yemi Osinbajo, and the Vice Presidential Candidate of the Peoples Democratic Party (PDP) in 2019 elections, Mr. Peter Obi, have both spoken on the need for the government to pay attention to education, saying that a nation’s development is directly proportional to the level of educational investment in the nation.

NITDA, NSIA partner on ICT start-ups

The National Information Technology Development Agency (NITDA) is to partner with the Nigeria Sovereign Investment Authority (NSIA) towards generating investment in Information Communication Technology (ICT), start-ups, to create jobs and wealth in the country.
The logo of the International Monetary Fund (IMF), is seen during a news conference in Santiago, Chile, July 23, 2019. REUTERS-Rodrigo Garrido

IMF to disburse $1 billion to Angola to address virus crisis

The International Monetary Fund (IMF) on Wednesday said it would disburse 1 billion dollars to Angola to address the impact of the coronavirus pandemic.
All Progressives Congress (APC) Nigeria

Nigeria’s position in global terrorism ranking disappointing, embarrassing – APC group

APC Consolidation Group, a group in the ruling All Progressives Congress, APC-CG, has described Nigeria’s latest ranking as third in the Global Terrorism Index, GTI, as not only disappointing but also embarrassing.
Telecommunications remains the best enabler in expanding the frontiers of financial inclusion in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has said.

NCC chief receives National Service Excellence Award

The Director General of NASAL, Uchechukwu Chukwuma, who led a five-member delegation to the commission to present the award in Abuja recently, said “the award from NASAL not only underscores the remarkable leadership role by Danbatta in deepening the development and growth of the telecoms sector at the grassroots but also demonstrates the pivotal role of the EVC as a change agent, a catalyst for national development and a great Nigerian patriot.”

DMO: Nigerians’ concerns should be how loans are utilised

The Director-General, Debt Management Office, Patience Oniha, on Wednesday, defended the nation’s debt profile, saying there is nothing wrong with borrowing.
Australian officials say the nation has officially fallen into a recession for the first time since the early 1990s.

Coronavirus plunges Australia into first recession since 1991

Australian officials say the nation has officially fallen into a recession for the first time since the early 1990s. Lockdowns and other restrictions imposed to contain the spread of COVID-19 have affected most parts of the economy, and hundreds of thousands of jobs have been lost.
Australia has fallen into recession for the first time in more than 28 years.

Coronavirus sends Australia into first recession for 28 years

The country joins the likes of America, Britain, and Germany in recording two quarters in a row of decline after the coronavirus pandemic crushed world economies.
Zainab Ahmed

Nigerian government to sustain 2020 budget funding despite GDP contraction – minister

The Federal Government has expressed its determination to continue funding the 2020 budget to ensure that the economy recovers as projected, even as the country’s Gross Domestic Product (GDP) contracted by -6.10 percent in the second quarter of 2020.
Dr. Ogbonnaya Onu, Minister of Science and Technology, has said that it is only knowledge-based economy that would add value and create a new lease of life for all Nigerians.

Minister receives NIPSS committee’s report on innovation, economy

Minister of Science and Technology, Dr Ogbonnaya Onu, has received the interim report of the National Institute for Policy and Strategic Studies (NIPSS) on science, innovation and economy.

Pharmacists council advises youth against indiscriminate drug use

The Pharmacists Council of Nigeria (PCN), has urged the youth to desist from drug abuse in order to fulfill their potential and ensure national development.

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Oil prices dived Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while stock prices attempted a modest rebound.

Oil prices slide in lockdown-driven rout

Oil prices dived Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while stock prices attempted a modest rebound.
Osun State Government on Thursday said looting of government and private property in the state cut across 14 Local Government Areas, as it commenced return of the looted property items to owners who can identify their property

Osun government says 14 local councils affected by looting

Osun State Government on Thursday said looting of government and private property in the state cut across 14 Local Government Areas, as it commenced return of the looted property items to owners who can identify their property
Eva Longoria has joined previously announced Matt Walsh on the in-production digital detox comedy Unplugging, which is currently in production in Oklahoma.

Eva Longoria joins as co-lead on digital detox comedy ‘Unplugging’

Eva Longoria has joined previously announced Matt Walsh on the in-production digital detox comedy Unplugging, which is currently in production in Oklahoma.
Governor Okezie Ikpeazu of Abia State has directed the organizing committee of the 29th Anniversary of Abia State to celebrate frontline workers and honor them for their sacrifices during the coronavirus pandemic.

Abia asks looters to return stolen medical equipment

A statement by the Commissioner for Information in the state, Chief John Okiyi-Kalu, stated that the hoodlums who hijacked the otherwise peaceful #EndSARS protests took away vaccines, X-ray machines, sterilizers, air conditioners, fans, and other equipment as well as disposables and consumables carted away.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

NLC demands end to medical tourism by government officials

The Nigeria Labour Congress, NLC, on Thursday called for an end to all forms of medical tourism especially by elected and appointed government officials.