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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.
Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.
The Dec. 5, Lagos East Senatorial and Kosofe state Assembly by-elections recorded poor voter turnout as the elections progressed.
Chairman/Chief Executive Officer, Nigerians in Diaspora Commission, NIDCOM, Honorable Abike Dabiri-Erewa, weekend, debunked the rumour making the round that she hoard Covid-19 Palliatives in her G.R.A residence in Ikorodu, Lagos.
Some hoodlums accosted INEC officials as they prepared to commence voting during Saturday’s by-election at Unit 13, Kosofe council area of Lagos State.
Candidate of the Peoples Democratic Party, PDP, for the Lagos East Senatorial bye-election, Babatunde Gbadamosi, has won his polling unit.
Alex Iwobi shone as Everton played out a 1-1 draw against Burnley in Saturday’s Premier League game.
The back-to-back hurricanes destroyed a small patch of corn that helped Tomasa Mendoza feed her five children in a tiny hamlet nestled in the impoverished mountains of eastern Guatemala.
President Muhammadu Buhari has sent truckloads of relief material for the families of slain farmers at the rice field in Borno State.
Edinson Cavani apologised on Monday after his joy at scoring twice for Manchester United against Southampton was dampened by an investigation by the Football Association into a social media post he subsequently deleted.
The world has crossed the grim milestone of 1.5 million coronavirus deaths amid the wait for the distribution of vaccines.
A former Nigerian military Head of State, Gen. Yakubu Gowon (Rtd) will be chairing the 2nd National Transport Summit to be organized by the Chartered Institute of Transport Administration (CIoTA) in Abuja from December 1-3, 2020.