Commodities
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
CAN: Nigeria almost becoming a failed nation
File Photo The Christian Association of Nigeria (CAN) has condemned the abduction of 333 students of Government Secondary School, Kankara, Katsina State. CAN also said that the worsening security situation across the country shows that Nigeria is “almost becoming a failed nation.” The group’s statement by Adebayo Oladeji, Special Assistant (Media and Communications) to the CAN President, described the incident as another tragic chapter in the history of the country. Newsmen reported how 333 schoolboys of the school were abducted on Friday by the gunmen. A terrorist group, Boko Haram, has claimed responsibility for the raid. The federal government said security operatives have already located where the abducted students were taken to and they “would soon be rescued”. CAN expressed its sadne...
#EndSARS: Cross River governor declares 24-hour curfew
Governor of Cross River State, Prof Ben Ayade, has imposed a 24-hour curfew on the state starting from 6pm on Friday. According to a statement signed by the Special Adviser Media and Publicity to the governor, Christian Ita, the curfew followed “the hijacking of the peaceful protest against police brutality in the state by hoodlums.” “Residents of the state are advised to observe the curfew as security agents have been mandated to arrest anybody who flouts it,” the governor warned. Hoodlums looted the state government’s warehouse on Bishop Moinagh Avenue on Friday. They carted away bags of rice, garri, cartons of noodles among other commodities. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should ...
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