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Nigeria has formally entered its second economic recession in five years as the severe impact of the COVID-19 pandemic on global crude oil prices and restrictions imposed to curb the virus caused the nation’s economy to contract for the second consecutive quarter by 3.62 percent in the third quarter of 2020.
The Lagos Chamber of Commerce and Industry (LCCI) says the nation’s economic contraction of 3.62 per cent of the third quarter against the 6.1 per cent of the second quarter of the year may indicate that the worst is over.
Gunmen suspected to be kidnappers have abducted four persons at Mararaban Kuchichanchan, along Pai road, Kwali Area council of Federal Capital Territory.
In the same vein, president of the Christian Association of Nigeria (CAN), Rev. Samson Ayokunle, and the Catholic Archibishop of Abuja, His Grace Ignatius Kaigama, also expressed dismay at the level of religious intolerance in the country.
The amount, which according to TETFund, would be shared equally among the universities, is to enable them carry out research and development programmes that would contribute to national growth.
The Imo State government yesterday revealed why the Somtochukwu Hospital built by former governor of the State, Rochas Okorocha, to replace the Eke-Ukwu market was demolished.
Nigeria has been ranked third most terrorised country in the world by the Global Terrorism Index (GTI) report, which stated that death attributed to Boko Haram in Nigeria increased by 25 percent from 2018 to 2019.
A Magistrate Court in Uyo, Akwa Ibom State, has struck out a ‘criminal defamation’ case filed by the Akwa Ibom State Government against a journalist, Kufre Carter.
The Johns Hopkins Coronavirus Resource Center reported early Saturday that the U.S. is on the brink of having 12 million COVID-19 cases, with 11,915,042 infections recorded.
Britain is slowing negotiations with the European Union on Brexit over secondary matters, French Foreign Minister Jean-Yves Le Drian said on Wednesday.
Some lawyers in Lagos on Friday urged the judiciary to completely move away from paper documentation and fully embrace online data storage.
President Muhammadu Buhari Thursday night received Ebonyi State Governor, David Umahi, shortly after he defected from the Peoples Democratic Party (PDP) to the ruling All Progresives Congress (APC).