Banks, Telcos Face-off and Growth Of Financial Inclusion in Nigeria

The recent face-off between Nigerian Banks and Telecommunication Companies on the use of the Unstructured Supplementary Service Data (USSD) is a pointer that regulators on both financial and telecom sectors have a lot of work to do. The face-off which lasted for almost three days was a great setback to the quest to achieve the…

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Nigeria’s Budding Dairy Industry: Great Potential Awaiting Exploitation

At least $1.5 billion (about N570 billion) is spent annually on the importation of dairy products into the country. This was made known by Alhaji Sabo Nanono, the Minister of Agriculture and Rural Development, on 28 March 2021, at the National Diary Policy Stakeholders Engagement in Abuja. According to him, 60 per cent of dairy…

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Harnessing Research Findings: Premium Tools for Nigeria’s Development

The importance of research findings cannot be overemphasized. This was the crux of the message delivered by President Muhammadu Buhari last month, while declaring open the Five-Day Technology and Innovation Expo 2021 organised by the Federal Ministry of Science and Technology. With the allocation of about 0.5 per cent of GDP to research and innovation,…

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Dwindling National Income and the Pressing Need to Reduce Cost of Governance

The agitation for a drastic reduction in the cost of governance is gaining traction in the country’s political circles. With Nigeria currently facing the challenges of dwindling revenue, the need to cut costs to stabilize the polity keeps propping up at different fora. Recently, Plateau State’s Governor, Simon Bako Lalong, who was Guest speaker at…

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Decentralisation of Wage Management: Will It End Perennial Labour Conflict?

Recently, a bill seeking an amendment to the 1999 Constitution by removing matters relating to wages from the Exclusive Legislative List to the Concurrent Legislative List, narrowly passed its second reading. The legislation is titled ‘A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 (as amended) to, Among…

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Okonjo-Iweala’s US Citizenship: How It May Shape Her Tenure at WTO

Ngozi Okonjo-Iweala, Nigeria’s two-time minister of finance would finally be resuming in Geneva this March as the Director-General of the World Trade Organisation. In the course of her campaign for the coveted position, a lot of calculations were made and diverse steps taken. Some were aimed at boosting her chances for the position, while others…

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2021 National Cybersecurity Policy and Strategy: Enhancing Digital Safety and Economic Growth

The Federal Government launched the National Cybersecurity Policy and Strategy (NCPS) 2021 on 23, February 2021. The National Cybersecurity Policy and Strategy 2021 is a follow-up on the National Cybersecurity Policy and Strategy 2014. According to President Muhammadu Buhari, having achieved numerous cybersecurity milestones over the past six years, it became necessary to review the…

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