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The true meaning of recession – Reuben Abati

The true meaning of recession – Reuben Abati

There have been interesting arguments over Minister of Finance, Kemi Adeosun’s observation that “recession is just a word”, and NAN MD, Bayo Onanuga claiming that reports of hardship in the land is exaggerated propaganda. I think we need to break down the subject further from a layman’s perspective. Recession is a word, no doubt, but it is more than a word, it is an experience: the experience that the majority of Nigerians is going through. If you are at a significant remove from that experience, it may be difficult to know how it feels, and if you are an economist, you are likely to be conveniently obsessed with textbook ideas.

Five memorable Manchester derbies

Five memorable Manchester derbies

AFP Sport looks at five other memorable Manchester derbies after Manchester City beat United 2-1 on Saturday: Manchester United 4-3 Manchester City, September 2009 Widely regarded as the most thrilling derby in the Premier League era, City kept chipping away at United’s lead, three times drawing level, twice through Craig Bellamy. However, Michael Owen popped […]

Troops kill 7 kidnappers, destroy camps in Bauchi

Troops kill 7 kidnappers, destroy camps in Bauchi

The Nigerian Army said on Saturday that it’s troops of 33 Brigade have killed seven kidnappers and destroyed some camps during a patrol of some villages in Bauchi state on Friday.

Eid El-Kabir: Tambuwal disburses N11m for purchase of cows to 4, 205 orphans

Eid El-Kabir: Tambuwal disburses N11m for purchase of cows to 4, 205 orphans

Governor Aminu Tambuwal-led Sokoto State Government has disbursed N11 million for the purchase of cows for the provision of meat to 4,205 orphans on the Eid El-Kabir Day. The Chairman of the State Zakkat and Endowment Committee, Alhaji Lawal Maidoki, made the disclosure in an interview with newsmen in Sokoto on Saturday.

9/11 anniversary: Obama urges unity

9/11 anniversary: Obama urges unity

President Barack Obama on Saturday urged Americans to remain united in the face of terrorist attacks, in a barely-veiled jab at Republican White House nominee Donald Trump 15 years after 9/11.

Flood submerge 30 buildings in Owerri

Flood submerge 30 buildings in Owerri

No fewer than 30 buildings located in densely populated Works Layout in Amakohia area, Owerri, were submerged by flood following a down pour in the town on Friday evening.

Backlash trails Netanyahu’s ‘ethnic cleansing’ remark against Palestine

Backlash trails Netanyahu’s ‘ethnic cleansing’ remark against Palestine

Israeli Prime Minister Benjamin Netanyahu faced growing criticism Saturday after he called the Palestinian refusal to let Jews live in their future state “ethnic cleansing”. In a video released Friday, Netanyahu rejected the notion that West Bank settlements were “an obstacle to peace”, drawing a rebuke from Washington.

First time in 35yrs, Saudi top cleric to skip annual hajj sermon

First time in 35yrs, Saudi top cleric to skip annual hajj sermon

For the first time in 35 years Saudi Arabia’s top cleric will not give a traditional hajj sermon to pilgrims from around the world, a newspaper reported on Saturday. Grand Mufti Abdul Aziz al-Sheikh has annually addressed the faithful from the Namira mosque in Mount Arafat for the peak of hajj, which this year falls on Sunday.

Almost 1.5 million Muslims begin hajj

Almost 1.5 million Muslims begin hajj

From Asia, Africa and points in between, nearly 1.5 million Muslims began the annual hajj pilgrimage in Saudi Arabia to Islam’s holiest sites Saturday, undeterred by last year’s deadly stampede. The numbers are down because of the absence of tens of thousands of Iranians over tensions between their Shiite nation and the Sunni-dominated Gulf kingdom.