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Nigerian Economy Enters Second Recession In Five Years

Nigerian Economy Enters Second Recession In Five Years       The Nigerian economy has slipped into its second recession in five years as the gross domestic product contracted for the second consecutive quarter. The National Bureau of Statistics announced Saturday the nation’s GDP recorded a negative growth of...

Outcome of US Election Progressive Change for Americans – CISLAC

Outcome of US Election Progressive Change for Americans - CISLAC     The Civil Society Legislative Advocacy Centre (CISLAC), has said that the outcome of the United States election is a progressive change that reflects the aspirations and desires of the people of America. A statement by the...

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,...