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    Latest Posts

    I’ll keep the baby, says lady Sammie Okposo ‘impregnated’

    African Doll, the US-based lady allegedly impregnated by gospel singer, Sammie Okposo, has said she will keep the baby because she doesn’t...

    Kwara reaffirms use of hijab in public schools

    Kwara State Government has reaffirmed the use of the hijab by willing Muslim schoolgirls in all categories of public schools in the...

    Senate re-amends electoral bill to define mode of primaries

    The Senate on Tuesday re-amended the Electoral Act Amendment Bill, 2022, for a second time, to include provisions that clearly define the...

    2023: INEC records surge in voter registration

    The Independent National Electoral Commission says fresh registration in the third quarter of the ongoing Continuous Voter Registration nationwide has hit 5,173,335.

    Nigeria’s economy’ll contract by 4.3% in 2020 – IMF

    The International Monetary Fund has projected that Nigeria’s economy will contract by 4.3 per cent in 2020. It disclosed this in its World Economic Outlook report for October 2020 which was released on Tuesday. The IMF had earlier April predicted a 3.4 per cent contraction of the economy. It also predicted 5.4 per cent contraction in June. It however projected that the economy would recover by 1.7 per cent in 2021.

    According to the report, global growth was projected to contract by 4.4 per cent in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook Update.

    The revision reflected better-than anticipated second quarter Gross Domestic Product outturns, mostly in advanced economies, where activity began to improve sooner than expected after lockdowns were scaled back in May and June, as well as indicators of a stronger recovery in the third quarter.

    It stated, “Global growth is projected at 5.2 per cent in 2021, a little lower than in the June 2020 WEO Update, reflecting the more moderate downturn projected for 2020 and consistent with expectations of persistent social distancing.

    “Following the contraction in 2020 and recovery in 2021, the level of global GDP in 2021 is expected to be a modest 0.6 per cent above that of 2019.

    Latest Posts

    I’ll keep the baby, says lady Sammie Okposo ‘impregnated’

    African Doll, the US-based lady allegedly impregnated by gospel singer, Sammie Okposo, has said she will keep the baby because she doesn’t...

    Kwara reaffirms use of hijab in public schools

    Kwara State Government has reaffirmed the use of the hijab by willing Muslim schoolgirls in all categories of public schools in the...

    Senate re-amends electoral bill to define mode of primaries

    The Senate on Tuesday re-amended the Electoral Act Amendment Bill, 2022, for a second time, to include provisions that clearly define the...

    2023: INEC records surge in voter registration

    The Independent National Electoral Commission says fresh registration in the third quarter of the ongoing Continuous Voter Registration nationwide has hit 5,173,335.

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