Tag: recession
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…
Business, Headlines, Metro, News
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…
Business, Headlines, Metro, News
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…