CES 2021: Again, NITDA Sponsors 5 Nigerian Startups for Global Technology Event  The National Information Technology Development Agency (NITDA), under the supervision of Federal Ministry of Communications and Digital Economy, sponsored five Startups from Nigeria to participate at the Consumer Electronics Show (CES) 2021, a...

Nigeria Imports N35.2bn Solid Minerals In Three Months         Nigeria exported N5.5bn solid mineral goods while the import component stood at N35.2bn in the third quarter of 2020. This was disclosed in the foreign trade statistics report for the third quarter of 2020 obtained from the National...

‘Nigeria Spends Just 3.75% Of $495bn GDP On Healthcare’         Nigeria, Africa’s biggest economy at $495 billion, spends just 3.75 per cent of Gross Domestic Product (GDP) on healthcare, compared with 4.8 per cent in Kenya, 8.11 per cent in South Africa and 13.42 per cent...

Nigeria, Others’ll Lose $1trn Oil Revenue In 20 Years – PwC         Nigeria and other African oil-producing countries will lose an estimated N1tn in oil export revenues over the next 20 years as prices are forecast to remain low, a new report by PricewaterhouseCoopers has said. PwC,...

‘Nigeria, Others Reduced Oil Supply By 1.9bn Barrels’         Nigeria and other member and non-member nations of the Organisation of Petroleum Exporting Countries reduced global crude oil supply by 1.9 billion barrels between May and November last year, OPEC stated on Tuesday. It made this known after...

Low Revenues, Poor Investments, Others Threaten Nigeria’s 2021 Growth – W'Bank       The World Bank has said that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1 per cent in 2020. It also said the global economy would expand...