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…