Nigerian Stocks Beat Global Stocks With N259bn Gains
Nigerian stocks played the contrarian at the weekend with a net capital gain of N259 billion in a week marked by general decline in share prices across the global advanced and emerging markets.
A market-wide rally drove the...
FG Targets $504bn Goods In AfCFTA Deals
The African Continental Free Trade Agreement (AfCFTA), when fully implemented, could afford Nigerian companies preferential access to African markets worth $504.17 billion in goods, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said.
Delivering his remarks at...
NEDC Establishes ICT Training Centres, 6bn Education Fund for N/East Youths, Indigenes
The North East Development Commission (NEDC), says it has established ICT Training Centers within higher institutions in Gombe, Taraba and Bauchi States.
The NEDC, added that its existing training centers at various universities, polytechnics...
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...
Reviewing Nigeria’s Cybersecurity Act for National Development
By Inyene Ibanga
In the bid to address emerging cyber security challenges threatening Nigeria, the Federal Government announced that it has commenced work on the process of reviewing Nigeria’s Cyber Security Act.
This was made known by the minister of...
2021 Economy Outlook And CBN’s Solutions
The year 2021 is literally here. Suddenly it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including...