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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.
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.
An elderly man Ibrahim Abubakar simply called Iro has committed suicide by hanging himself in his shop located along Zoo Road in Kano metropolis.
Gunmen suspected to be kidnappers have abducted four persons at Mararaban Kuchichanchan, along Pai road, Kwali Area council of Federal Capital Territory.
In the same vein, president of the Christian Association of Nigeria (CAN), Rev. Samson Ayokunle, and the Catholic Archibishop of Abuja, His Grace Ignatius Kaigama, also expressed dismay at the level of religious intolerance in the country.
The amount, which according to TETFund, would be shared equally among the universities, is to enable them carry out research and development programmes that would contribute to national growth.
The Imo State government yesterday revealed why the Somtochukwu Hospital built by former governor of the State, Rochas Okorocha, to replace the Eke-Ukwu market was demolished.
Former Nasarawa governor urges residents to support security agencies in arresting APC chair killers
Senator Umaru Al-Makura (APC-Nasarawa) has called on Lafia residents to support security agencies in apprehending those responsible for the killing of the state All Progressives Congress (APC) Chairman, Mr. Phillip Shekwo.
The airline’s Chief Operating Officer, Mrs. Toyin Olajide, said the COVID-19 pandemic devastated airlines worldwide, Nigerian airlines inclusive and that Air Peace is not immune from this.
Britain’s government on Wednesday unveiled plans to slash the foreign aid budget to help mend its coronavirus-battered finances, prompting one minister to quit and defying impassioned calls to protect the world’s poorest people.
The Defence Headquarters says troops of Operation Accord have arrested 11 illegal miners and eliminated scores of bandits on Nov. 21 in parts of Zamfara and Katsina States.
The midfielder missed the win against West Bromwich Albion on Saturday with a knock he picked up on his most recent international fixture with France but trained with his teammates on Monday ahead of Tuesday’s Champions League showdown.