The Nigerian government is working towards reversing the declining trend in the country’s economy, the Minister of Finance, Budget and National Development, Zainab Ahmed, has said....
Zainab Ahmed, minister of finance, says unless Nigeria achieves a very strong third quarter 2020 economic performance, the country may slide into recession. Ahmed disclosed this...
The Monetary Policy Committee (MPR) of the Central Bank of Nigeria (CBN) on Tuesday warned that the economy may recede again into recession unless concrete steps...
Reports from South Africa show that the country’s economy, the second largest in Africa, has again dropped into a technical recession. This was after the nation’s...
Rochas Okorocha the Imo State Governor, has proscribed the three-day work policy his government propagated for the civil servants in the state. Okorocha disclosed this while...
Former Vice-President Atiku Abubakar says recession cannot be said to have ended until all Nigerians can afford three square meals. He said this in reaction to...
After five consecutive quarters of contraction beginning from the first quarter of 2016, Nigeria’s Gross Domestic Product grew by 0.55 per cent (year-on-year) in real terms,...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the country should be out of recession by the third quarter of 2017. Speaking after...
London-based organisation, World Economics has declared that Nigeria’s economy is out of recession, but that “conditions remain difficult for businesses”. World Economics, which is dedicated to...
The branches of the multinational company, Kentucky Fried Chicken, KFC has closed down in Lagos State following incidents of low patronage and profitability. Lagos residents have...