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Food Inflation Rate
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 Maritime Workers Union of Nigeria (MWUN) is to embark on a three-day warning strike from Dec. 7, to protest the deplorable state of access roads to seaports in Lagos State.
Napoli has denied reports from Italian media that Nigerian doctors complicated Victor Osimhen’s shoulder during the first treatment. Tuttosport claimed Napoli medic revealed that their Nigerian counterparts caused more damage to the shoulder in the process of treatment before he returned to Italy. However, Napoli and the player on Saturday afternoon took to their social media handle to debunk the reports and clear the Super Eagles team doctor of any wrongdoing. “The current situation regarding the injury of Victor Osimhen is only a consequence of the dislocated right shoulder,” Napoli said in a tweet. Osimhen dislocated his shoulder while in action for Super Eagles of Nigeria last month at the Samuel Ogbemudia Stadium in Benin City. The striker went down in the second under a challenge from a Sierra Leone defender and was subsequently rushed to the hospital in an ambulance. The striker had since returned to his base in Italy but has not featured for Napoli since as a result of the injury
Governor Ifeanyi Okowa of Delta State has told President Muhammadu Buhari to reconstitute the Board of Niger Delta Development Commission, NDDC, holding that instability in the commission’s board has contributed to the systemic institutional failure of the agency.
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.
China has decided to impose sanctions on four people with U.S. institutional links who have acted viciously on issues related to the Hong Kong Special Administrative Region (HKSAR).
Mane’s tribute follows a host of other Senegalese stars who have also paid their respects to the 2007/08 FA Cup winner in recent days, including Paris Saint-Germain midfielder
Although coach of Argentinian side Gimnasia y Esgrima La Plata at the time of his death, Maradona was more renowned for his remarkable playing career, during which he inspired his country to 1986 World Cup success and also played for Argentinos Juniors, Boca Juniors, Barcelona, Napoli and Sevilla.
Iran will give a “calculated and decisive” response to the killing of its top nuclear scientist, said a top adviser to Iran’s supreme leader, while a hardline newspaper suggested Tehran’s revenge should include striking the Israeli city of Haifa.
The federal government has cautioned the Newspapers’ Proprietors Association of Nigeria (NPAN) about the malaise of social media as a source of information. It derided the social media as a purveyor of fake news.