Total Credit To Economy Now N19.5trn - Emefiele         Total credit to the economy rose to N19.54 as of the end of November 13, according to the Central Bank of Nigeria. The CBN Governor, Godwin Emefiele, who disclosed this after the Monetary Policy Committee meeting on Tuesday,...

Customs Impound Falsely Declared Cargoes Worth N767m       The Comptroller-General of Customs Strike Force in Zone ‘A’ has intercepted contrabands and raised Debit Notes on under-declaration of cargoes worth N767m. While the contrabands were smuggled into the country from Benin Republic, the DN raised were from 13...

That National Centre for Artificial Intelligence and Robotics in Nigeria By Inyene Ibanga         The National Information Technology Development Agency (NITDA) has again achieved another milestone with the launch of the National Centre for Artificial Intelligence and Robotics (NCAIR) as part of its contribution to the successful...

IPPIS: Fuel Crisis Looms As Oil Workers Begin Strike         Nigeria may be heading towards another economic crisis with crude oil production threatened as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members to proceed on a nationwide indefinite strike. The...

Ministry Targets 45% ICT Contribution To Nigeria’s GDP       The Minister of Communications and Digital Economy, Dr Isa Pantami, says the impact of the digital economy through the e-commerce, online payments and other digital services can add 45 per cent to the country’s Gross Domestic Product. The...

2021 Budget: Increasing IGR To Stave Off Debt Accumulation         Two things that stood out in President Muhammadu Buhari’s 2021 budget presentation at the National Assembly last week are the desire to steer the economy away from racking up debts to increasing its revenue generation capacity...