Unknown persons described as robbers have allegedly made away with pots of soups stored in a canteen. The incident occurred during the early hours of September 18 at Fagba area of Lagos State. Read more on Legit.ng.
South Africa's economy has reportedly taken a deep dive into recession, Reuters reports. It was gathered that the economic which contracted by 0.7% in the second quarter pushed the country into the state of recession.
The CBN noted that the evolution of the forex market in the country had been influenced by a number of factors such as the changing pattern of international trade, institutional changes in the economy and structural shifts.
President Muhammadu Buhari has announced his resolve to extend his anti-corruption war to other countries in Africa. He pledged to support African leaders to fight corruption. He said this in Nouakchott, Mauritania.
FG has dismissed the global report on the poverty level of Nigeria. The minister of industry, trade and investments, Okechukwu Enelamah, said that the indices used for the report may have been complied during recession.
The National Bureau of Statistics on Tuesday, May 15, released the Consumer Price Index, which measures inflation, with the index dropping from 13.34% in March to 12.48% in April, indicating a significant economic improvement.