Financial and economic experts at the International Monetary Fund (IMF) have projected a possible global recession amid fear of a financial crisis in the global banking...
The National Bureau of Statistics (NBS) has revealed that five sectors of the economy are in a recession. NBS disclosed this is its latest Gross Domestic...
The National Bureau of Statistics (NBS) reported on Sunday that Nigeria’s GDP increased by 0.51 percent in the first quarter of 2021. This is the second...
The World Bank has stated that Nigeria made an early exit out of recession than projected in its October 2020 forecast for Sub-Saharan Africa (SSA). This...
The All Progressives Congress (APC) chieftain, Bola Tinubu, has lamented the weak state of the Nigerian economy despite being out of recession. Tinubu made this call...
The founder of Stanbic IBTC, Atedo Peterside, has played down the significance of Nigeria’s exit from economic recession. Peterside, who reacted to the country’s exit from...
On Thursday, the National Bureau of Statistics (NBS) released Nigeria’s Gross Domestic report to show how the economy had fared in 2020. While some sectors recorded...
The All Progressives Congress (APC) on Thursday expressed happiness at Nigeria’s exit from recession. The Nigeria Bureau of Statistics (NBS) on Thursday announced the country’s exit...
Nigeria’s Gross Domestic Product (GDP) grew by 0.11% in the fourth quarter of 2020, representing the first positive quarterly growth in the last three quarters. In...
As Nigeria plunges into another round of recession, the Ooni of Ife, Adeyeye Ogunwusi Ojaja II, has urged the Federal Government to develop a “clear” economic...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
The Governor of Central Bank of Nigeria (CBN, Godwin Emefiele, said on Friday the country could exit recession by the first quarter of 2021. Emefiele, who...
Retired General Muhammadu Buhari (PMB) is in his fifth eventful years in Aso Rock Villa as the President and Commander-in-Chief of the Nigerian Armed Forces. He...
“My brother, how you dey?” “What can we do?” “E ku recession” “Excuse me?” “I said er ku recession…” “Are you Yoruba people alright at all?...
As Nigerians continue to lament over the current recession in the country, the Minister of Information and Culture, Lai Mohammed, has reacted to the situation. He...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, expressed optimism on Monday that Nigeria would exit recession soon, raising hopes that Africa’s biggest economy...
Holiday season is coming at the worst possible time for millions of Nigerians. Already, it’s been an economic calendar to forget and things look like they’ll...
The former governor of Anambra State, Peter Obi, on Sunday urged Nigerian politicians to put their 2023 political aspirations on the back burner and focus on...
A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, said on Monday only an intellectual and competent leader can truly transform Nigeria...
The Peoples Democratic Party (PDP) on Sunday branded President Muhammadu Buhari a failure for plunging Nigeria’s economy to a second recession in four years. The party...
Topics of national concern made top trends on Sunday across social media platforms in Nigeria, especially on Twitter. The issues bothering on insecurity in Northern Nigeria...
Former Vice President Atiku Abubakar on Sunday urged President Muhammadu Buhari to swallow his pride and heed to the advice of others as Nigeria slips into...
Nigeria has slipped into its second recession in four years after the economy posted a second consecutive contraction in the third quarter of this year. The...
President Muhammadu Buhari warned on Thursday Nigeria’s economy may slip into its second recession in four years. The president, who stated this while presenting the 2021...
The Director-General of the Budget Office, Ben Akabueze, said on Thursday Nigeria may slip into another recession in the third quarter due to ravaging effects of...
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said on Thursday unless Nigeria achieved a very strong third-quarter economic performance, the country could...
The massive macro-financial shock caused by Covid-19 has continued to ravage the global economy putting all systems and nations under severe financial instability never seen in...
The current economic downturn in Nigeria may fester if it resolves to enforce a 417,000 barrels per day (bpd) oil output cut, in fidelity to the...
The International Monetary Fund (IMF) Friday officially confirmed that the global economy has moved into a recession. Kristalina Georgieva, boss of the Washington-based lender, said developing...
A statement from the International Monetary Fund (IMF) Monday said the impending global financial crisis, spurred by the COVID-19 plague might equal the Great Recession of...
The Presidential Economic Advisory Council (PEAC) on Tuesday at its meeting with President Muhammadu Buhari recommended reduction in budget size and widening of the nation’s revenue...
The global oil market may be right at its darkest hour as oil prices plunged below $30 per barrel on Monday. Governments around the world are...
Recession-plagued South Africa is looking the way of Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala to join an economic think tank that will deliver it from its...
The Buhari Media Organisation (BMO) has described the 2019 Nigeria economic update by World Bank as correct but an inconclusive analysis. BMO said the World Bank...
Given the lull and uncertainty in the global oil market at the moment, the World Bank Group has forecast the emergence of another recession in Nigeria....
Namibia’s President Hage Geingob has been re-elected for a second term, the country’s electoral commission said on Sunday. Mr. Geingob polled 56.3 percent in Wednesday’s election,...
Hong Kong has fallen into recession following the five months anti-government protests that erupted in flames at the weekend. This recession is unlikely to achieve any...
With existing policy inaccuracies, it may seem rather difficult to subdue current economic challenges anytime soon. Unfortunately, updates on the state of the economy aren’t encouraging enough...
Incoming governors, to be sworn-in on May 29, have been asked to prepare for a possible cycle of fresh recession in Nigeria. The warning was giving...
The presidential candidate of the Peoples Democratic Party (PDP) Alhaji Atiku Abubakar has warned that the Executive Order 6 signed by President Muhammadu Buhari will lead...
The Federal Government has said the reason why many Nigerians are not feeling the impact of the country’s exit from recession was due to its high...
The Nigerian economy has slowed for the second consecutive quarter this year, indicating the nation may soon be heading for another economic recession. According to the...
The Nigerian port users are counting their losses occasioned by a variety of factors, especially the recession that hit the economy as well as the deplorable...
President Muhammadu Buhari has again acknowledged that Nigerians are going through tough economic times, but stated that “the worst is over”. The president stated this on...
According to data released Monday by the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) recorded a growth of 1.40 percent in the third...
The Special Adviser on Media and Publicity to President Muhammadu Buhari, Femi Adesina, has expressed his dismay over those whom he said were sad at good...
AS Nigeria’s reported exit from recession continues to elicit mixed reactions, Statistician General, Dr. Yemi Kale, has given more insight into the report, noting that the...
The Peoples Democratic Party (PDP) has said that any celebration over the news of Nigeria’s exit from recession was premature as President Muhammadu Buhari’s policies remained...
Chairman of the Peoples Democratic Party (PDP) Governors Forum and Ekiti State governor, Ayodele Fayose, has faulted claims by the Federal Government that Nigeria is now...
Following the announcement that the country has exited its worst recession, the Manufacturers Association of Nigeria (MAN) believes Nigerians should not expect an automatic impact in...
