GDP growth falls short of 2019 budget expection

THE National Bureau of Statistics (NBS) has reported that the Gross Domestic Product (GDP) growth of 2.3 per cent at Q4 2019 is below the growth expectation of 3.5 per cent in the 2019 approved budget. The growth also falls short of the 4.5 per cent prediction by the Economic Recovery & Growth Plan (ERGP) target of 4.5 per cent. The economic growth for 2019 was focused on three key sectors, namely Crop production, Information, Communication Technology and Crude petroleum & Natural gas. The remaining 43 activity sectors had very minimal…

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Nigeria records first case of Coronavirus in Lagos

Nigeria’s first “presumptive” case of the deadly coronavirus that has killed more than 2,814 people with 82,589 cases in six continents on Thursday, 27 February. The case is an Italian citizen who works in Nigeria and returned from Milan, Italy to Lagos, Nigeria on the 25th of February 2020. He was confirmed by the Virology Laboratory of the Lagos University Teaching Hospital, part of the Laboratory Network of the Nigeria Centre for Disease Control. “The Honourable Minister of Health has announced a confirmed coronavirus disease (COVID-19) case in Lagos State”…

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Boko Haram bombs 282 base stations in Northeast -Airtel

Voice call and data networks in the villages and towns around Nigerian borders have been down due to lack of diesel to power the base stations there, Airtel Nigeria has said. It also said the insurgents bombed 282 telecom base stations in the North East recently. Daily Trust reports that the Federal Government had stopped fuel tankers from delivering fuel to areas close to the borders. But the telecom companies said the epileptic power supply in the country is affecting their base transceiver stations (BTSs) situated near the borders, noting…

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