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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.
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.
The Lagos Command of the National Law Drug Enforcement Agency (NDLEA) has clamped down on a Cannabis warehouse in Lagos state, seizing over five tons of Cannabis worth about N24 million
Thousands of Donald Trump supporters rallied in Washington on Saturday, with the president making a drive-past in his motorcade as he sticks to discredited claims that mass fraud denied him election victory.
Donald Trump has greeted hundreds of supporters in the United States capital on Saturday, as the president still refuses to concede defeat to Democratic President-elect Joe Biden following the November 3 election.
The Police Service Commission (PSC) has lauded the security presence at the various voting centres visited by a team from the commission deployed to monitor police conduct during Saturday’s governorship election in Edo.
Rare small protests broke out on Friday in Cairo and other Egyptian cities calling for the removal of President Abdel Fattah al-Sisi but police quickly dispersed them, AFP journalists reported.
The Presidential Election Petition Tribunal has fixed May 22 for hearing in an application by the Peoples Democratic Party (PDP) and its presidential candidate, Alhaji Atiku Abubakar, asking the withdrawal of tribunal chairman, Justice Zainab Bulkachuwa, from the panel.
The Pilot Newspapers officers in Wuse Zone 5 were searched by anti-graft officials who have been investigating a case of alleged fraud against a someone associated with the newspaper.
The Inspector-General of Police, Mohammed Adamu, on Thursday enjoined police officers across the country not to shy away from dealing with criminal elements in the country.
The parley between officials of the Niger State Government and organised labour over the planned slash in workers’ salaries effective from November, which was held in Minna on Thursday, has ended in a deadlock.
According to a statement by his Special Adviser on Media and Publicity, Femi Adesina, the President spoke while receiving a special envoy of the Algerian President, who is also the country’s Foreign Minister, Mr Sabri Boukadoum, at the Presidential Villa, Abuja.
A coalition of opposition political parties led by the National Chairman of Action Alliance, Kenneth Udeze, on Thursday stormed the National Assembly canvassing support for the reappointment of Prof. Mahmood Yakubu as Chairman of the Independent National Election Commission.
Though details of the attack were still sketchy, newsmen learnt that the gunmen whose number could not be ascertained stormed the family house of the minister and abducted his blood brother, Babawuro Tofai.
Kenya Commercial Bank (KCB) Group said on Thursday that it has signed a definitive agreement with Atlas Mara (ATMA) to acquire Banque Populaire du Rwanda (BPR) and African Banking Corporation Tanzania (BancABC).
The Primate of the African Church, Nigeria and Overseas, His Eminence, Julius Olayinka Abbe, has admonished the federal government to as a matter of urgency address all the demands of the striking Academic Staff Union of Universities (ASUU) so that the 8-month old strike would be called off in the interest of of the students and the entire nation.
The Director-General of the Nigerian Civil Aviation Authority (NCAA), Captain Musa Nuhu, yesterday assured the public of the safety of the Nigerian airlines, saying there is no cause for alarm.
Napoli captain, Lorenzo Insigne, bids farewell to Diego Maradona: ‘The greatest of all time, I was lucky enough to meet you.’