OVER 1,000 NORTH KOREAN SOLDIERS KILLED OR WOUNDED IN UKRAINE WAR: SEOUL. (PHOTO).

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 Over 1,000 North Korean Soldiers Killed Or Wounded In Ukraine War: Seoul More than 1,000 North Korean soldiers have been killed or wounded in Russia’s war with Ukraine, South Korea’s Joint Chiefs of Staff (JCS) has said. The announcement on Monday follows a report by Seoul’s spy agency to parliamentarians last week, which said at least 100 North Korean soldiers had been killed since entering combat in December. Pyongyang has sent thousands of soldiers to reinforce the Russian military, including to the Kursk border region, where Ukrainian forces seized territory earlier this year. “Through various sources of information and intelligence, we assess that North Korean troops who have recently engaged in combat with Ukrainian forces have suffered around 1,100 casualties,” the JCS said in a statement. Seoul, Washington and Kyiv have said there are approximately 12,000 North Korean soldiers in Russia. Pyongyang is reportedly “preparing for the rotation or additional deployment of soldie...
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NIGERIA'S ECONOMY GREW IN Q3 2024,SAYS CBN.,(PHOTO).

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Nigeria’s economy grew in Q3 2024, says CBN


The economy grew by 3.46 per cent in Q3 2024, with output reaching ₦20.115 trillion, up from 3.19 per cent (₦18.285 trillion) in Q2 2024, driven mainly by the non-oil sector. This was revealed in the Central Bank of Nigeria’s newly released Economic Report for the third quarter of 2024.


The report said inflation moderated during the quarter, reflecting the fall in the food component of the Consumer Price Index basket, and driven by the restrictive monetary policy stance. Domestic crude oil production increased, following enhanced security measures around oil pipeline infrastructure in the Niger Delta region.


Despite persisting headwinds, CBN said the economy continued to expand in the third quarter of 2024. The growth of 3.46 per cent recorded in Q32024, represented the third consecutive expansion year-to-date surpassing the 3.19 per cent and 2.54 per cent recorded in Q22024 and corresponding quarter of 2023, respectively.


Growth was on account of continued efforts to improve the business environment, streamline cumbersome business processes and deepen the quality of business infrastructure. The 24-month window period opened for the banking sector re-capitalisation (according to their license category and authorisation) supported the robust growth in the services sector, particularly, the finance and insurance sub-sector, the report explained.

 

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