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Nigeria’s Revenue Threatened As India Slashes Crude Imports By $39.5bn

Nigeria’s Revenue Threatened As India Slashes Crude Imports By $39.5bn         Nigeria’s revenue earning capacity has come under threat following the reduction of importation of crude oil by India. India, Nigeria’s largest crude oil importer, reduced crude oil imports by $39.5bn in April, compared to the same...

E-payment Transactions In Q1 Rise By 82% To N66trn

E-payment Transactions In Q1 Rise By 82% To N66trn       Nigeria’s financial system has recorded further surge in the value of electronic payment (e-payment) transactions to N65.6 trillion in the first quarter of the year (Q1’21) indicating a whopping 82 percent Year-on-Year, YoY, increase from N36.02...

COVID-19, Forex Forced 415 Firms Out Of Production – MAN

COVID-19, Forex Forced 415 Firms Out Of Production – MAN       The foreign exchange restriction by the Central Bank of Nigeria and the COVID-19 pandemic forced 415 companies to stop manufacturing in the last one year, the Manufacturers Association of Nigeria has said. The Director-General, MAN, Mr...

The failure of Political, Security and Economic Sorcery, by Salisu Na’inna Dambatta

The failure of Political, Security and Economic Sorcery, by Salisu Na'inna Dambatta       Nigeria is currently facing a triplet of experts, specialists and pundits in political, security and economic sorcery. They always predict doom for Nigeria. They are simultaneously trading their wares in a country they...

How We Enrolled 210,000 Nigerians On ICT Courses With 600 Interventions – Dr Pantami

How We Enrolled 210,000 Nigerians On ICT Courses With 600 Interventions – Dr Pantami       Agencies under the Ministry of Communication and Digital Economy has enrolled over 210,000 Nigerians on Information and Communication Technology Courses and undertaken over 600 interventions to build the capacity of citizens...

March Domestic Demand Recorded Upsurge – IATA

March Domestic Demand Recorded Upsurge - IATA         The International Air Transport Association (IATA) has announced that passenger traffic rose in March 2021 compared with February 2021. However, total demand for air travel in March 2021 (measured in revenue passenger kilometers or RPKs) was down 67.2 per...