Why Nigeria’s economy may not recover early 2021 – LCCI

LCCI Muda Yusuf

Why Nigeria’s economy may not recover early 2021 – LCCI   The Lagos Chamber of Commerce and Industry (LCCI) has identified bottlenecks against recovery of the Nigerian economic from its current downturn. The Chamber stated that the resurgence of COVID-19 pandemic and significant oil price volatility as the greatest threats to economic recovery in 2021. The LCCI predicted in its latest report titled ‘Economic and business review for year 2020 and outlook for year 2021’ that economic recovery to growth trajectory would take full course by the second quarter of…

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President Buhari signs N13.588trn 2021 Budget

President Buhari signs N13,588trn 2021 Budget

President Muhammadu Buhari on Thursday in Abuja signed the 2021 budget or Appropriation Bill of N13,588,027,886,175 into law. The president’s action followed the earlier passing of the bill by the National Assembly on Dec. 21 during an emergency session convened for the purpose of passing the budget. The signing of the budget is also in line with the president’s promise to return the nation to the January to December Budget circle. The budget estimate was increased by the sum of N505, 607,317,942 from the estimate of N13, 082, 420, 568,233…

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Nigeria braces up for robust digital transformation post pandemic

Nigeria braces up for robust digital transformation post pandemic

All is set for broadband, says Danbatta ATCON, NITDA, NCC, NigComSat, others share vision   Indications are rife that Nigeria’s information and communication technology (ICT) sector is poised to afford the country robust digital transformation at the end of the current Coronavirus pandemic. According to experts in the industry who rubbed minds at a webinar organised by the Association of Telecommunication Companies of Nigeria (ATCON) on Thursday, the country has not yet attained desired level of digital reform but is quite on the right path. In his opening remarks, Olusola…

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