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Pantami Excited As ICT Sector Records Unprecedented 17.98%, Its Highest Contribution To Nigeria’s GDP

Pantami Excited As ICT Sector Records Unprecedented 17.98%, Its Highest Contribution To Nigeria's GDP       The Honourable Minister of Communications and Digital Economy, Isa Ali Ibrahim Pantami, PhD is highly delighted to hear of the growth of the contribution of the Information and Communications Technology (ICT)...

ICT Missing In $8.4bn NIPC Q1 Investment Announcement

ICT Missing In $8.4bn NIPC Q1 Investment Announcement       The ICT sector was conspicuously absent on investment announcement released on Monday by the Nigerian Investment Promotion Commission. From 33 per cent ($1.61bn) in Q1 2020, ICT contributed nothing to investment announcement in Q1 2021. This is despite...

ICT: The Nigeria’s Fastest Growing Sector

ICT: The Nigeria's Fastest Growing Sector By Inyene Ibanga     The latest data released by NBS shows that the ICT sector of the Nigerian economy grew by 14.70 per cent in the last quarter of 2020 Technology has continued to assert itself as the dominant force in the...

Pantami: Stabilising the ICT Sector in Nigeria

Pantami: Stabilising the ICT Sector in Nigeria By Mubarak Umar       The National Bureau of Statistics (NBS)has released Q4 of 2020 Nigeria’s index of Gross Domestic Products (GDP), which indicted that once again, Information and Communications Technology (ICT), surpasses other country’s sectors of the economy, as it...

Banks Retrieve N39.4bn Non-performing Loans From ICT Sector

Banks Retrieve N39.4bn Non-performing Loans From ICT Sector   Nigerian banks recovered N39.4bn non-performing loans from its debtors in the Information and Communications Technology sector in one year. As of September 2019, the NPL in the ICT sector stood at N76.54bn as against N115.94bn in the corresponding...