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The domestic equities market on Monday extended its losing streak with the All-Share Index dropping by 0.04 per cent, as the country officially entered recession.
Public prosecutor says efforts under way to arrest ‘fugitive’ mother, adds airport police officers charged over examinations of female passengers.
The Bayelsa Government on Monday lamented the decline in revenues accruing from the Federation account while announcing its income and expenditure profile for the months of August, September and October 2020.
Secretary General of the Organisation for Petroleum Exporting Countries, OPEC, Mohammad Barkindo, yesterday, disclosed that despite its current anaemic outlook, crude oil would continue to be relevant in the foreseeable future, up to 2045.
Leader of the pan-Yoruba socio-political group, Afenifere, Pa Ayo Adebanjo on Monday, said bad governance superintended by President Muhammadu Buhari, and not COVID-19, is responsible for the country slipping into another recession.
Benue State Governor, Samuel Ortom has again dispelled rumour that he intends to dump the Peoples Democratic Party (PDP) and join the All Progressives Congress (APC).
The Chief Executive Officer of Aerofield Homes and a chieftain of All Progressives Congress (APC), Mr. Armstrong ’Tope Akintunde, has lauded the Ogun State governor, Prince Dapo Abiodun, for running an all-inclusive government.
Sen. Solomon Adeola, Chairman, Senate Committee on Finance, has urged public officials to make empowerment of those who elected them a priority.
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 Commissioner of Police, Lagos State, Hakeem Odumosu, has reiterated the command’s readiness to curtail any act of lawlessness on the full enforcement of the Lagos State Transport Sector Law (2018) in the state.