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Pantami Commissions National Centre for Artificial Intelligence and Robotics

Pantami Commissions National Centre for Artificial Intelligence and Robotics       Minister of Communications and Digital Economy, Dr. Isa Ali Pantami has commissioned the National Centre for Artificial Intelligence and Robotics (NCAIR) in Wuye District Abuja. Pantami said NCAIR will serve as a leading hub of innovation, research...

IMF Projects 10.4% Contraction In Global Trade

IMF Projects 10.4% Contraction In Global Trade         The International Monetary Fund (IMF) has projected a 10.4 per cent contraction in global trade as well as a global economic growth rate of -4.4 per cent in 2020. In the just-released biannual World Economic Outlook (WEO) report, the...

Internet Economy In Nigeria To Reach $180bn In 2025

Internet Economy In Nigeria To Reach $180bn In 2025         The Internet economy has the potential to contribute $180bn to the economy of Nigeria and other African countries by 2025, according to a new study by Google and International Finance Corporation. The findings of the study made...

Nigeria’s Export To Rise By 8% With AfCFTA — Fed Govt

Nigeria’s Export To Rise By 8% With AfCFTA — Fed Govt       The African Continental Free Trade Area (AfCFTA) pact would cause 8.18 per cent rise in Nigeria’s exports across Africa. Speaking at a training for staff of the Investment Promotion Department of the Ministry of Industry,...

#EndSARS Protest Disruption Costs Economy N1.5trn

#EndSARS Protest Disruption Costs Economy N1.5trn       The economic cost of the #EndSARS protest disruption is estimated at N1.5tn, approximately 1.03 per cent of the GDP and 11.47 per cent of the 2021 budget, Financial Derivatives Company Limited has said. “This suggests that the economic recovery path...

On Africa’s Policy for Agricultural Transformation

On Africa's Policy for Agricultural Transformation By Saliu Bashiru     The Comprehensive Africa Agricultural Development Program (CAADP) is Africa's Policy Framework for Agricultural Transformation, Wealth Creation, Food- Security and Nutrition, economic growth and prosperity for all. In 2003, the African Union (AU) assembly of head of States and...