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Inflation Numbers

MAN, LCCI others blame recession on coronavirus, #EndSARS crisis

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.

Recession: The worse may be possibly over – Lagos chamber

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.
Egyptian pound

Egypt’s annual urban consumer inflation falls to 4.8% in September as reforms bite

Egypt’s annual urban consumer price inflation decreased to 4.8 per cent in September from 7.5 per cent in August, the statistics office said on Thursday.

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The Chairman of the Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, yesterday denied that Nigeria’s decision to close its borders prompted Ghanaian authorities to clamp down on Nigerian traders in the country.

Lagos bye-election: No palliatives in my house – NIDCOM chief

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.

Lagos bye-election: Hoodlums accost INEC officials at Mile 12, demand money

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.

Lagos by-election: Babatunde Gbadamosi wins polling unit

Candidate of the Peoples Democratic Party, PDP, for the Lagos East Senatorial bye-election, Babatunde Gbadamosi, has won his polling unit.
Everton manager Carlo Ancelotti believes Alex Iwobi needs more confidence to play in the wingback position for Everton.

Alex Iwobi stars as Everton hold Burnley

Alex Iwobi shone as Everton played out a 1-1 draw against Burnley in Saturday’s Premier League game.
President Muhammadu Buhari has approved the appointment of Rev Yakubu Pam as the Executive Secretary of Nigerian Christian Pilgrims Commission (NCPC), his spokesman, Garba Shehu, said in a statement Saturday.

NCPC boss urges youths to embrace dialogue

The Executive Secretary, Nigeria Christians Pilgrims Commission (NCPC), Rev. Yakubu Pam, on Saturday charged Nigerian youths to rise and complement government’s efforts at addressing the challenges facing the country.