Italy, AfDB Launch $300m Funds to Support Africa’s Economic Growth Italy and African Development Bank Group (AfDB) have formed a strategic alliance to launch a $300 million funding support for Africa’s economic growth. Prime Minister of Italy, Ms. Giorgia Meloni, and the President of the African...

NNPC Refineries Idle For 19 Months, Record N177.21bn Loss       In 19 straight months of not processing any barrel of crude oil, the government-owned refineries in Nigeria recorded a total loss of N177.21bn, the latest data from the Nigerian National Petroleum Corporation have shown. An analysis of...

IMF Rates Nigeria’s GDP As Best In Africa         Using the Gross Domestic Product (GDP) as yardstick, the International Monetary Fund (IMF) has rated Nigeria as the best economy in Africa. In its 2020 World Economic Outlook, the IMF also ranked Nigeria as one of the world’s...

Deploying Blockchain Technology To Drive Healthcare in Nigeria By Inyene Ibanga       This year’s edition of the Middle East premium technology show – the Gulf Information Technology Exhibition (GITEX 2020) – witnessed a wide array of tech launches and innovations, with attendees getting to handle the latest...

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

GITEX 2020: NITDA Creates Big Data Platform To Scale Up Investments In Digital Economy         As the global economy is rapidly transforming through creative innovations, Nigeria has created Big data platform to improve data gathering for service delivery. The Director General of National Information Technology Development Agency...