Friday , December 27 2024

Recent Posts

Telecom Sector Contributes N2.508 Trillion to Nigeria’s GDP

The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent. Figures released by the National Bureau of Statistics (NBS) showed that the sector recorded …

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Naira records gain after Tinubu directive to CBN

The naira yesterday rebounded to N770/$1 at the parallel market after President Bola Ahmed Tinubu directed the Central Bank of Nigeria (CBN) to unify multiple  exchange rates in the market. As the market digested the directive, the local currency, which traded at N780/$1 at the parallel market on Monday, gained …

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