"We want every Nigerian to be able to use his/her mobile phone, computers, and other digital devices to access digital services as well as to use...
The Transmission Company of Nigeria, TCN, has taken delivery of fifteen (15) number brand new power transformers from the Apapa port, Lagos, recently. The transformers comprise...
Husk Power Systems Signs U.N. Energy Compact, Pledges to Build 5,000 Minigrids, Connect 1 Million Customers in Africa and Asia by 2030
Professor Isa Ali Ibrahim (Pantami), the minister of Communications and Digital Economy, today Thursday, 20th January 2022, reiterated government’s commitment to support and promote the development of...
Exchange rate stability is a key CBN policy objective, and to preserve its external reserves the CBN continues to manage FX demand and limit the supply...
“The cost of sending money across international borders continued to remain high, around 6.4 per cent on average in Q1 2021, or more than double the...
“Even though Nigeria’s economy exited a pandemic-induced recession, several challenges persist including double-digit inflation, declining incomes, and rising insecurity."
“Several developments are supporting a return to growth in remittance inflows during 2021, estimated at 6.2 per cent to $45bn.”
“The rise in prices witnessed between June 2020 and June 2021 alone could push another six million Nigerians into poverty."
"We recognise that in the middle of the economic crisis, Nigeria was under tremendous pressure, alongside the naira."