Nigeria’s Economy Could Slide Into Recession In 2016 – CBN
Nigeria could slide into recession in 2016 if economic growth in the Africa’s largest economy continued to fall in coming quarters and the government does not take quick measures to revive it, the country’s central bank governor said on Tuesday. The bank loosened up it tight monetary policy by cutting banks cash reserve ratio to
THESE NIGERIAN YOUNGSTERS ARE REVOLUTIONISING THE COUNTRY’S TECH SPACE
Decades ago, Africa barely comes to mind when thinking tech and innovation, but over time, the continent has gradually and steadily grown to be the home of some of the world’s best tech advancement and innovations with countries like Kenya, Nigeria, Uganda, and South Africa taking the lead. In Nigeria, the technology ecosystem has not
BOMBS READY TO EXPLODE? UNEARTHING THE RELATIONSHIP BETWEEN AFRICA’S YOUTH, UNEMPLOYMENT AND VIOLENCE
‘A hungry man is an angry man.’ This phrase is often used to connect youth unemployment, poverty and violence. A dire warning, it is meant to act as a call to action. But, is there any evidence to prove this link exists? Half the current population of Sub-Saharan Africa is under 25 years old. In
AFRICA IS AN OPPORTUNITY TO SEIZE, NOT A PROBLEM TO BE SOLVED — CASE FOUNDATION
Imagine being at work and having the electricity go out on a daily basis—sometimes for short periods, sometimes for long. Imagine trying to transport goods across a city or country without a reliable private or postal delivery service. Imagine trying to serve your customers, teach a class or simply keep in touch with those you
SAUDI ARABIA TO PAY N65 MILLION TO NIGERIAN VICTIMS OF MECCA CRANE COLLAPSE
Saudi Arabian authorities will pay N65 million to dead victims’ families and N32.5 millionfor those who sustained injuries from the crane collapse at Grand Mosque that occurred last Friday. The incident claimed 111 lives, including six Nigerians. Saudi local newspaper, Arab News, reported that “King Salman has ordered the payment of the following to the
NIGERIAN-AMERICAN ACTRESS UZOAMAKA ADUBA WINS SECOND EMMY
For the second year in a row, Uzoamaka Aduba wins an Emmy for Best Supporting Actress in a Series, after being upgraded from her guest starring role this year, for which she won her first Emmy, for Outstanding Guest Actress in a Comedy Series. The 34-year old made history by becoming the first person since
BUHARI INSINUATES THAT THE CHIBOK GIRLS SHOULD BE FORGOTTEN, AND HE MIGHT BE RIGHT
In an interview with BBC Hausa on Tuesday the 8th of September, President Buhari’sstatement on the whereabouts of the missing Chibok girls seemed to suggest that the government has little or no hope’ in finding the girls. “They have scattered them, and are being guarded at dispersed locations. Most of the girls are Christians and
HOW READY IS AFRICA IN THE FIGHT AGAINST GLOBAL WARMING?
The United Kingdom’s MET office, recently released a report regarding, El Nino, a natural phenomenon which occurs every two to seven years. According to the report, the next two years will be the hottest in the world, as El Nino will heat up the world considerably. The MET Office’s Professor Adam Scaife said the Earth’s climate system is
WHO IS TO BLAME FOR MUGABE’S MOST RECENT ‘SLIP?’
Robert Mugabe, one of Africa’s most divisive and controversial figures just gave everyone another reason to question his fitness. He delivered the wrong speech at the opening of parliament on Tuesday, an error which immediately prompted the main opposition to question whether one of Africa’s longest-serving leaders was still of a sound mind. Mugabe, who has been
15 Myths Every Nigerian Believed Growing Up
If you grew up in Nigeria, then we are sure that you heard these myths and almost certainly believed them; probably even still believe some of them till today. Don’t worry we don’t judge, we believed them too. 1. India once beat Nigeria at football 99 goals to 1. Lmao. I won’t even lie, I