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Rising from the miserly performance of last year, Nigeria’s economy posted a 5.01 per cent year-on-year growth in the second quarter of 2021, the highest since 2015 when President Muhammadu Buhari came to power.
The Federal Government has hinted at a possible resolution to the suspension of the micro-blogging platform, Twitter in Nigeria. Minister of Information and Culture, Lai Mohammed...
The suspension of Twitter, a leading micro-blogging platform, has begun to take its toll on struggling Nigeria’s economy, leading to a loss of N7.5 billion in the past three days.
Technology experts in Nigeria have said that many challenges are diverting the sector’s investments to other stable economies on the continent. This submission was a fallout from the recent move by Twitter to site its Africa headquarters in Ghana, ahead of Nigeria. x The co-founder and Chief Executive Officer of Twitter, Jack Dorsey made the announcement on Monday on the platform. His Tweet reads: “Twitter is now present on the continent. Thank you Ghana and Nana Akufo-Addo.” Responding, President of Ghana, Nana Akufo-Addo, on his official Twitter pag...
• ‘Nigeria’s riotous cattle-herding system stealing growth potential’ • Experts warn against undue optimism Defying projections and leveraging opportunities presented by the coronavirus pandemic through technology and remote work, Nigeria’s resilient private sector helped the economy to exit recession in the fourth quarter with a growth of 0.11 per cent. However, there are concerns about the country’s structural problems in the form of foreign exchange pressures, relatively lower oil prices and production, subdued global demand, spiralling consumer prices, repressed purchasing ...