The National Bureau of Statistics has disclosed that Nigeria’s Gross Domestic Product, GDP, fell quarter-on-quarter (QoQ) by 1.78 percentage points to 2.25 per cent in the third quarter of 2022 (Q3’22). This is a drop from the 3.54 per cent recorded in Q2’22. NBS said this in its Nigerian GDP report for Q3’22, citing the […]Read More
On the 20th of September 2022, Uganda officially declared an Ebola outbreak, with the WHO reporting as many as 136 confirmed cases, consisting of 21 probable cases and 53 confirmed deaths This has resulted in some weariness by tourists travelling to the country. Travelling into the country has also been advised against by some countries, […]Read More
The National Bureau of Statistics has revealed that 63 per cent of persons living in Nigeria are multidimensionally poor. This is about 133 people of the over 200 million people living in the country. NBS highlighted this in its 2022 Multidimensional Poverty Index (MPI) Survey. According to the report, over half of the population of […]Read More
Data from the United Nations Department of Economic and Social Affairs has said that Nigeria’s population has reached 216 million in 2022. This, according to the UN agency, accounts for 2.7 per cent of the global population. According to its latest World Population Prospects 2022 released to mark World Population Day, the global population has […]Read More
On the 5th of November 2022, Ghana’s citizens came out en masse to protest the worsening economic crisis and call for the immediate resignation of the president, Nana Akufo-Addo. This protest is the latest in a series of demonstrations this year over the soaring cost of living that has made it even harder for people to get […]Read More
The National Bureau of Statistics has said that prices of selected food items in September 2022 increased. This was contained in the NBS Selected Food Prices Watch Report for September 2022. The report said that the average price of 1kg of Tomato on a year-on-year basis, increased by 30.06 per cent, from N342.25 recorded in […]Read More
According to Bloomberg, Ghana’s Cedi depreciated as much as 3.3% taking its losses this year to more than 45%, the most among 148 currencies tracked by Bloomberg. The currency has overtaken the losses of the Sri Lankan rupee, which recently slid nearly 45% against the greenback this year. In the past two months, Ghana has […]Read More
As the country’s economic metrics have continued to maintain its upward trend, Nigerian students who combine academics with entrepreneurship are facing setbacks in growing their business. For Twentyten Daily, Quadri Yahya spoke to some of these students facing this hardship. In October 2022, Sarah Adegboyega, who owns a fashion accessories store, was making a profit […]Read More
According to the Nigeria Liquefied Natural Gas Limited, Nigeria’s consumption of LNG has increased by over 1000 per cent in the last 14 years. The assertion was made by the Managing Director and Chief Executive Officer, NLNG, Dr Philip Mshelbila, at the Conference of the Nigerian Liquefied Petroleum Gas Association. According to him, NLPGA and […]Read More
According to the National Household Kerosene report, household kerosene has risen by 118 per cent in the last 12 months. NBS said the average retail price per litre of the product rose by 118 per cent to N947 from N434 recorded in September 2021. According to the report, the average retail price per litre of […]Read More
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