IMF Raises Nigeria’s Growth Forecast To 2.5%       The International Monetary Fund has raised Nigeria’s growth forecast for 2021 to 2.5 per cent from 1.5 per cent earlier announced in January. It disclosed this in its World Economic Outlook for April with the theme ‘Managing divergent recoveries’,...

Oil Rally Pushes Nigeria’s Revenue Above Budget Estimate       The upturn in the price of the international oil benchmark, Brent crude, has pushed Nigeria’s oil revenue above the estimate in the 2021 budget. Brent, against which the country’s crude oil is priced, has been trading more than...

Smart City Solutions to Nigeria’s Urban Areas, by Inyene Ibanga       There is never a dull moment in Nigeria’s tech space. From one programme or initiative to another, the digital technology sector is ever-vibrant, with trending stories, applications, and innovations. As usual, the sector lived up to...

Women: Emerging Boldly Within Nigeria’s Tech Ecosystem, By Inyene Ibanga     As the world becomes increasingly dependent on digital technology and computer systems, under-served/unserved communities still lack access to technology. Because there is no access, many people in developing countries cannot experience the transformational impact of...

Nigeria Plans $50bn Intra-Africa Exports - AfCTA       The National Action Committee on African Continental Free Trade Area Agreement has disclosed plans to achieve economically viable communities in Nigeria by growing its intra-Africa export trade volume to $50bn by 2035. The Senior Special Assistant to the President...

Nigeria’s Daily Oil Production Rises To 1.42m Barrels       Nigeria increased its crude oil production to 1.42 million barrels per day in February, the latest monthly report of the Organisation of the Petroleum Exporting Countries has shown. The country recorded the biggest increase in crude oil production...