Despite accounting for only roughly 9% of Nigeria’s GDP in 2021, oil has a significant impact on the country’s economy. In 2020, oil sales accounted for one-third of the government’s budget revenue and about 90% of the country’s export revenues. In 2021, the country produced 1.7 million barrels per day, […]

After the Comptroller General of the Nigeria Customs Service, Col. Hameed Ali, informed the Senate Committee on Finance that the Customs is no longer a revenue-generating agency due to the amendment of some sections of the country’s laws, the Nigerian Senate says there are indications that the Finance Bill, now […]

The Nigerian Communications Commission’s Cyber Security Incident Response Team (NCC-CSIRT) detected two cyber vulnerabilities independently and advised Nigerian telecom customers on how to defend themselves from cyber-attacks. In its first-ever security advisories, issued less than three months after its inception, the CSIRT has alone discovered two cyber-attacks aimed at consumers […]

President Muhammadu Buhari has presented the National Policy on 5G for Nigeria’s Digital Economy, instructing all security institutions to use the technology as soon as possible to improve the country’s security. The Federal Executive Council (FEC) authorized 5G technology on September 8, 2021, after a lengthy deliberation. The president said […]

The Federal Government has praised the Nigerian Communications Commission’s (NCC) commitment and dedication to enhancing digital skills development among youths through the execution of different ICT skill acquisition programs. The commendation was given by the Minister of Interior, Ogbeni Rauf Aregbesola, and the Minister of Communications and Digital Economy, Prof. […]

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