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About 20 million jobs are at risk in Africa as the continent’s economies are projected to shrink this year due to the impact of the coronavirus pandemic, according an African Union (AU) study.
President of the Senate, Senator Ahmad Ibrahim Lawan, has decried Nigeria’s poor performance in the area of Agricultural Research and Development.
President of the Senate, Ahmad Lawan, has sought the assistance of the United Nations on the repatriation of looted funds back to Nigeria.
Nigeria’s re-emergence as Africa’s biggest economy followed South Africa’s slump into its second recession in two years, as severe rolling power blackouts frustrate President Cyril Ramaphosa’s attempt to revive growth.
Nigeria’s economic growth beat forecasts in the fourth quarter, helping its economy to expand the most in four years in 2019 as oil output increased and the central bank took steps to boost credit growth. GDP in the West African country stood at $476 billion or $402 billion, depending on the rate used. =
The Lagos Chamber of Commerce and Industry (LCCI) rated the latest 2.27 per cent Gross Domestic Product (GDP) growth recorded in the nation’s economy as sluggish and incapable of creating jobs and lifting millions of Nigerians out of the poverty trap.
Lagos State Governor, Mr. Babajide Sanwo-Olu, has stressed that to achieve the desire of making Lagos a 21st Century Economy, his administration will uphold Smart-Agriculture driven by innovative technologies in tandem with international standards.
The Federal Ministry of Education, FME, has indicated that from next year all the 104 Unity Schools will participate in the First Lego League, FLL, National Robotics Championship Competition.
Three states are ready for the take off of the National Livestock Transformation Plan (NLTP) of National Economic Council (NEC), Governor Dave Umahi of Ebonyi State has said.
The National Bureau of Statistics on Monday released the Gross Domestic Product report for the 2019 fiscal year with the economy growing by 2.27 per cent in 2019.
Nigeria’s gross domestic product grew by 2.27% in 2019, data released by the National Bureau of Statistics has shown.
The International Monetary Fund (IMF) has revised downward its 2020 Gross Domestic Product (GDP) forecast for Nigeria to two per cent, from the 2.5 per cent it had predicted earlier.
Director General of the Nigerian Insurers Association (NIA), Mrs. Yetunde Ilori, has said that the new Finance Act 2020 will improve the insurance industry contribution to the Gross Domestic Product, GDP, in Nigeria.
Speaker Femi Gbajabiamila on Monday insisted the Chinese doctors coming to help in the fight against COVID-19 must first be quarantined for 14 days and comply with all relevant laws in the country.
New York Governor, Andrew Cuomo, on Monday said that fines for violating social distancing guidelines would be increased from $500 to $1,000.
The Federal Government has declared Friday, April 10 and Monday, April 13 as public holidays to mark the 2020 Easter Celebration.
The COVID-19 Fund Raising Committee constituted by governor Abdullahi Umar Ganduje of Kano state submitted its interim report on Monday, saying it had raised almost N400m.
The United Nations Mine Action Service (UNMAS) has received a donation of $236, 363 from the Government of Japan to support the UNMAS Nigeria in providing critical life-saving humanitarian assistance to civilians and humanitarian actors in the Northeast.
Polytechnic students under the aegis of the National Association of Polytechnic Students (NAPS) have rejected plan by the Federal Government to invite Chinese doctors to help contain the coronavirus pandemic in the country.
World Health Organisation, WHO
Italian Football Federation (FIGC) president, Gabriele Gravina, has suggested that funds be created from a share of betting revenue for soccer clubs and organisations in need.
It brings the total number of cases in Russia to 5,389 with 45 deaths.
As the incidences of Corona Virus Disease 2019 better known as ‘COVID-19’ increases, the Advertising Practitioners Council of Nigeria has temporarily suspended its operations.