Tag: recession
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Recession: FG must stop lamenting, proffer solution to economy-Oshiomhole
Edo State Governor, Comrade Adams Oshiomhole on Wednesday challenged the Nigerian government to stop lamenting over the parlous state of…
Recession: Centre announces essay prize for solutions
Lagos-based international graduate school, Centre for International Advanced and Professional Studies (CIAPS) has announced a public interest essay competition aimed…
Senate will pass 11 Bills that will end recession – Saraki
The President of the Senate, Dr Bukola Saraki, has said that the 8th Senate will pass 11 Bills before the…
Recession: Lagos to introduce monthly payment on housing scheme
In a bid to cushion the effects of economic recession in the country, the Lagos State Government has perfected plans…
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National Assembly summons Buhari over recession
The National Assembly has agreed to invite President Muhammadu Buhari to brief a Joint Session of the Assembly on steps…
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Recession: Buhari orders sale of 2 presidential jets
The Federal Government has listed two jets in the Presidential fleet for immediate sale. The jets: Falcon 7x and Hawker…
Nigeria at 56: We must unite to rescue economy from recession-Ambode
Kazeem Ugbodaga As Nigeria marked its 56th Independence Anniversary, Lagos State Governor, Mr. Akinwunmi Ambode on Saturday said there was…
56th Independence: How we intend to tackle recession-Buhari
Nigeria’s president, Muhammadu Buhari has outlined steps on how his administration would take the nation out of recession. In his…
Ambode charges CDAs to re-organise to overcome recession
Governor Akinwunmi Ambode of Lagos State has called on all the Community Development Associations, CDAs in the state to re-organise…
Nigeria is already getting out of recession –Minister
Mrs Kemi Adeosun, the Minister of Finance, on Wednesday said that the nation was already getting out of recession, saying…
Nigeria should borrow, spend less, earn more to exit recession – Obasanjo
Former President Olusegun Obasanjo on Tuesday stressed the need for Nigeria to borrow, spend less and earn more to get…
Recession offers opportunity to develop tourism, other sectors-Ambode
Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said the stark realities of the current economic recession could be a…
Don’t use panic measures to address recession – ECOWAS Parliament
Members of the ECOWAS Parliament have advised Nigeria to avoid using “panic measures” to address the country’s current economic situation.…
No economic recession will stop God from working for his people – Cleric
The Cleric in charge of All Saints Methodist Church Mararaba, Rev. Caleb Ekele on Sunday said the economic recession in…
Economic recession; a lesson for Nigeria — Obaseki
All Progressives Congress (APC) governorship candidate in Edo Godwin Obaseki says the present economic recession in the country is a…
Recession: CAN president calls for hard work, courage
Reverend Samson Ayokunle, President of the Christian Association of Nigeria (CAN), has called on Nigerians to embrace hard work as…
MAN says economic recession forces businesses to resize
The President of Manufacturers Association of Nigeria (MAN), Dr. Frank Jacobs, said the economic recession has made many businesses to…
NEC endorses FG’s measures to beat recession
The National Economic Council (NEC) on Thursday in Abuja expressed support for the plans and proposals of the Federal Government…
Emir Sanusi urges FG to seek experts’ advice on recession
The Emir of Kano, Mallam Muhammad Sanusi II, has called on the Federal Government to seek the advice of economic…
South Africa not in ‘recession territory’ – Finance Minister
South Africa’s economy is not in “recession territory” and there is a more than 50 percent chance ratings agencies will…
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Recession: SERAP asks Buhari to assist the poor
Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to President Muhammadu Buhari requesting him to “use your…
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Breaking: Nigeria’s economy officially goes into recession
Nigeria, one of Africa’s largest economies, has officially gone into recession. Second quarter figures showed a contraction of 2 percent,…
Economic recession, a blessing to Nigeria – Prof. Utomi
Jethro Ibileke/Benin Nigerian economist and founder of Lagos Business School, Prof. Pat Utomi, on Monday shocked many when he…
Recession: Buhari’s economic team meets financial experts
The Economic Management Team met with top economists and financial experts in Abuja on Tuesday in continuation of its consultations…
Osun’s belt-tightening moves: Options before Nigerian states
By Alabi Olufemi Adekunle “Every adversity in life makes us bitter or better, every problem comes to break us or…
CBN encourages bank lending to stave off recession
Reuters – Nigeria’s central bank loosened monetary policy on Tuesday by injecting liquidity into banks, in a bid to stave…
Italy Lifts Out Of Recession, Thanks To Hookers, Drugs
Italy learnt it was no longer in a recession on Wednesday thanks to a change in data calculations across the…
Is this beginning of the end for South Africa’s Zuma?
A series of setbacks in beleaguered South African President Jacob Zuma’s battle against corruption allegations has sparked fresh speculation that…
S.Africa dodges recession, posts 0.6% growth
South Africa narrowly avoided slipping into recession in the first half of the year, thanks in part to election-time government…
Italy slides back into recession, falls behind EU neighbours
The Italian economy shrank by 0.2 per cent in the second quarter, dragging the eurozone’s third-biggest economy back into recession…