Telecoms Contribution To Nigeria’s GDP Doubled In Eight Years - NCC Data         The contribution of the telecommunications sector to Nigeria’s Gross Domestic Product (GDP) doubled in the last eight years, according to data obtained from the website of the Nigerian Communications Commission (NCC). According to the...

Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan         Worried by the challenges facing global air travel in the COVID-19 era, airlines have drawn up a market stimulation strategy for governments to adopt to enable the industry to recover. The airlines, under the aegis of...

Recession: Nigeria In Need Of Expansionary Economic Policy By Abdulhaleem Ishaq Ringim         Recession is a function of a country’s Gross Domestic Product(GDP); which is defined as the cumulative value of all finished goods produced and services rendered in a country within a year(although usually calculated quarterly). The...

Nigeria’s Q3 Oil Exports Rise By 56% To N2.42trn         Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn after months of struggling to find buyers amid the collapse in demand. Crude oil exports grew in value by 56...

Nigeria’s Debt Getting Out Of Control - El-Rufai         Nigeria’s debt is getting out of control and the country has to do something about it, the Governor of Kaduna State, Nasir El-Rufai, said on Thursday. He said the country’s domestic debt was getting to its debt ceiling...

W/Bank Withholds $1.5bn Loan To Nigeria         Nigeria got a caveat on Thursday to get approval for a $1.5 billion loan she is seeking from the World Bank. The reforms around the naira must be strengthened by the Federal Government, the financial institution is insisting. According to...