Tag: recession
Nigeria bolts from second recession, GDP grows in 4th Quarter
Nigeria’s GDP grew by 0.11 per cent in Q4 2020, from the 6.11 per cent contraction in Q3, signalling a…
Reports: US heads towards recession
The US could be headed for a recession soon as the market’s most closely watched part of the yield curve…
Nigeria may slide to another recession – CBN
The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has expressed fears that Nigeria may slide into another recession…
Gov. Yari predicts recession in 2020
Chairman of Nigeria Governors Forum (NGF) and Governor of Zamfara State, Abdulaziz Yari, has warned that Nigeria could be heading…
South Africa’s economy slumps into recession
South Africa’s economy contracted by 0.7 percent in the second quarter in quarter-on-quarter terms, pushing the country into recession after…
Namibia drops into recession
Namibia is in recession after its economy contracted in the final two quarters of last year, dragged down by sectors…
Recession: CIBN, others emphasise strengthening non-oil sector
The Chartered Institute of Bankers of Nigeria and some financial analysts on Tuesday said the Federal Government must strengthen the…
Minister identifies Mining, agric as sectors to push Nigeria out of recession
Dr Kayode Fayemi, the Minister of Mines and Steel Development, on Thursday identified agriculture and mining as the critical sectors…
Nigeria – Now That The Recession Is Over, What Next?
On Tuesday, the National Bureau of Statistics gave a lot of Nigerians the news they desperately wished to hear –…
Presidency commended on recession exit
A social advocacy group, Citizens for Progress and National Development, has commended President Muhammadu Buhari for the turnaround of the…
Recession: Exit to improve standard of Living – Lai Mohammed
Minister of Information and Culture, Alhaji Lai Mohammed, has assured that standard of living of Nigerians will improve as the…
Inflation still very high – Atiku Abubakar
Former Vice President, Atiku Abubakar has said recession is not over until Nigerians can eat three square meals.
Recession: Exit can take months to impact on citizens – Economist
A Minna based economist, Mr Kolo Paul, says Tuesday’s report of Nigeria exiting recession can take several months before its…
Nothing to celebrate in Nigeria’s exit from recession – PDP
The Peoples Democratic Party (PDP) has said there is nothing to celebrate on the National Bureau of Statistics (NBS) claim…
How Nigeria exited recession – Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, has said that taking Nigeria out of recession did not happen…
Recession: Dogara express happiness over latest stats
The Speaker of the House of Representatives, Mr Yakubu Dogara, has expressed happiness over the latest report released by the…
South Africa recovers from recession in second quarter
South Africa’s economy emerged from a technical recession in the second quarter as it expanded 2.5 per cent after contracting…
Recession: Exit shows Buhari’s economic policies achieving desired goals – Adesina
The Presidential spokesman, Mr Femi Adesina, says Nigeria’s exit from economic recession is a clear testimony that President Muhammadu Buhari’s…
Prince Ned Nwoko: The Man Who “Ended” Nigeria’s Recession
When the military midwifed the current civilian dispensation in 1999, Prince Ned Nwoko, a Nigerian-born but United kingdom- based maritime…
Recession: Businesses finding it difficult to operate with profit – Director
Many businesses are finding it difficult to operate with profit due to the biting economic recession in the country, Mr…
Nigeria Is Gradually Exiting Recession – Economist
An economist, Prof. Ben Aigbokhan says Nigeria is gradually exiting recession with the growing Gross Domestic Product (GDP) and slight…
Nigeria will come out of economic recession in 2017 – Minister
The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has reassured Nigerians that Nigeria will come out of…
Recession: Housewives Lament Low Quality Of Delicacies
Some housewives in the Federal Capital Territory (FCT) have attributed the reduction in the qualities of delicacies prepared in most…
South Africa slips into recession
South Africa has entered recession for the first time in eight years, data from Statistics South Africa showed on Tuesday.
UNN to train Nigerians on how to end recession
The University of Nigeria, Nsukka, says it is planning to prepare Nigerian workers both in the public and private sectors…
ERGP: Nigeria will come out of recession stronger
The Acting President, Prof. Yemi Osinbajo, on Thursday assured investors that the country would come out of economic recession stronger…
Recession to now end in September, Nation’s economy shrink again
Nigeria's economy contracted again in the first quarter, data showed on Tuesday, but the Central Bank of Nigeria, CBN, expects…
Recession Not A Crime, A Wake-up Call To Rearrange Expenditure – Ambode
Lagos State Governor, Mr. Akinwunmi Ambode on Saturday said that contrary to the view held by most people, recession was…
Nigeria moving out of recession – Lai Mohammed
Minister of Information and Culture, Alhaji Lai Mohammed, said on Saturday that Nigeria was gradually moving out of recession.
Winning With Whistle-blowing In a Recession
That not all Nigerians accept corruption as a way of life and that the majority even abhors it is not…