Recession

As the COVID-19 pandemic continues to inflict high and rising human costs worldwide, the International Monetary Fund (IMF) has projected a contraction in the global economy by -3 per cent …

The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has expressed fears that Nigeria may slide into another recession if measures are not taken to tackle the high rate …

South Africa’s economy tipped into recession as it shrunk 0.7 percent in the second quarter, official data showed Tuesday, dealing a blow to President Cyril Ramaphosa who came to office …

While speaking at the official launch of the National Competitiveness Report and Sub National Index held in Lagos on Thursday, former Cross River State Governor, Donald Duke, yesterday mocked the …

Only one percent of Nigerians enjoyed, while the level of inequality increased during the oil boom that preceded the recent – worst – economic recession, a report by the Financial …

Former Governor of Anambra State, Mr. Peter Obi has identified three things that the Federal Government must vigorously pursue if Nigeria must get out of economic recession. Obi was a …

South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March. The downturn, due to weak manufacturing and …

Minister of Finance, Kemi Adeosun, says she thinks Nigerian economy is getting out of recession. Adeosun who was a guest on Channels TV today, said statistics show that the economy …

The Nigerian economy is gradually coming out of its worst recession in years, the finance minister, Kemi Adeosun, has said. “Nigeria is coming out of recession; we are beginning to …

Lagos State Governor, Mr. Akinwunmi Ambode, on Saturday said that contrary to the view held by most people, recession was not a crime but a period that calls for government …