Nigerian newspaper headlines November 22, 2016.
Nigeria’s economy further receded in the third quarter, with a 2.24 per cent contraction in Gross Domestic Product (GDP), while real GDP expanded for the second consecutive quarter, the National Bureau of Statistics (NBS) said yesterday.
A bureau de change operator, Usman Nafada, has been arrested by the police for allegedly conniving with an accomplice at large to swindle one Abdullahi Uba out of N1.7m
Suspended lawmaker, Abdulmumin Jibrin, over the weekend advised Nigerians to be sceptical of reasons given by the House of Representatives for the purchase of new Peugeot cars.
A Federal High Court, Lagos yesterday, refused an ex-parte application filed by a fellow judge, Rita Ofili-Ajumogobia, seeking her release from the EFCC’s custody.
Goods and services produced in Nigeria between July and September 2016 have dropped lower as the nation grapples with economic slow down.
There seems to be no end in sight to Nigeria’s economic woes, as the third quarter real gross domestic product (GDP) growth data released Monday by the National Bureau of Statistics (NBS) showed that the country sank deeper into recession, contracting by 2.26 per cent from -2.06 per cent in the second quarter of this year, and -0.36 per cent in the first quarter.
Nigeria’s Gross Domestic Product (GDP) shrunk by 2.24 per cent in the third quarter of 2016, worsening the country’s chances of getting out of its current recession in 2016.
Southwest governors yesterday signed up for a commitment to shun party differences and embark on regional development.