AGS Community News
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Business
Nigeria’s economy exits recession as GDP grows by 0.11% in Q4 2020
Nigeria’s Gross Domestic Product (GDP) grew by 0.11% (year-on-year) in real terms in the fourth quarter of 2020. Read more…
Minimum wage: NLC declares strike in Imo, Rivers, Osun, 15 others
The Nigeria Labour Congress has directed workers in 18 states where the national minimum wage of N30, 000 had yet to be paid to immediately proceed on strike. Read more…
Elon Musk is again the world’s richest man after SpaceX valuation surge
Tesla chief’s wealth surged to $200 billion after the rocket company, SpaceX he founded completed another funding round. Read more…
NNPC says no plans to increase pump price of petrol
The NNPC has assured organised labour and Nigerians that there is no plan to increase the price of petrol. Read more…
Robinhood boss says GameStop episode 'unacceptable'
The head of the Robinhood trading platform has apologised to customers at a US congressional hearing prompted by last month's GameStop trading frenzy.
Vlad Tenev said the situation the firm faced in January - when financial strains led it to limit certain stock purchases read more…
Nigeria surpasses 150,000 cases of Covid-19
NCDC announced 877 new confirmed cases and 6 deaths of covid-19 on Thursday, which takes the total tally to 150,246 cases and 1,803 deaths. Read more…
Shell Foundation and DFC mobilize $145 million for renewable energy in Africa, Asia
Shell Foundation and DFC have signed a partnership to strengthen their investments in renewable energy in Africa and Asia. Read more…
How Nigeria got out of 2020 recession
Four main sectors got us out of recession. The largest sub-sectors in the economy as of the 4th quarter of 2020 were Crop Production at 3.68%, Crude Petroleum and Natural Gas at 8.2%, Trade at 14.9%, Telecommunications & Information Services at 12.2%, and Real Estate at 5.7%. Read more…
Huawei turns to pig farming as smartphone sales fall
Huawei is turning to technology for pig farmers as it deals with tough sanctions on its smartphones.
The Chinese telecoms giant was stopped from accessing vital components after the Trump administration labelled it a threat to US national security. Read more…
Social
Singer Omah Lay robbed at the airport
Nigerian singer Omah Lay has revealed that he was robbed at the airport. The music star made this known via his Twitter page on Thursday, February 18, 2021. Read more…
Johnny Drille releases new single, 'Bad Dancer' off his debut album
His new single, 'Bad Dancer' from the upcoming album, further showcases his penchant for declarative writing, fervent melodies and live instrumentation. Read more…
Lupita Nyong'O's 'Sulwe' to be made into an animated movie for Netflix
Oscar award-winning actress, Lupita Nyong'O has confirmed that her 2019 bestselling children's book 'Sulwe' will be made into an animated musical.
Nyong'O shared the exciting news via a Twitter post shared on Thursday, February 18, read more…
AGS Quote of The Day
“Strange, isn’t it? Each man’s life touches so many other lives. When he isn’t around he leaves an awful hole, doesn’t he?”
–Clarence The Angel