Tag: recession

Data issued by the country’s statistics office on Thursday revealed that the gross domestic product (GDP) diminished by 0.3 per ...

"For developing economies, the decline will be equally steep from 6 per cent a year between 2000 and 2010 to ...

If there’s any time we will need to be competent and keep working on ourselves, it’s when things are hard. ...

...what have you learnt in times past that you can start as a business or service to weather the storms? ...

The firm's turnover still lags behind the figure reported four years back in 2017.

Many developing economies, including Nigeria, that rely majorly on fossil fuels may be prone to financial challenges in the coming ...

The IMF says the economy will grow by 2.5 per cent, up from 1.5 it previously predicted.

While the Nigerian economy may almost imperceptibly have lifted its index finger, it is still in intensive care, where it ...

Gross Domestic Product (GDP) grew 0.11 per cent in the three months through December from a year earlier.

The government said devaluation would trigger inflation.

The head of the presidential economic advisory council says Naira should be trading around N439 a dollar at the official ...

Many experts have argued that the government will have to spend its way out, and empower citizens to spend more.

After earning $45.11 billion, Nigeria was the fifth biggest revenue-earner in OPEC in 2019

The rate of growth however was the slowest in more than a year.

"In any case, we will go into recession but what we are trying to do is to make sure that ...

The global economy has been devastated, with the International Monetary Fund (IMF) saying global economic activities dropped by an unprecedented ...

“The NBS has stated several times that the stages after an economic recession is an economic recovery."

The envoys say agriculture played a crucial role in job creation, women and youth empowerment.

There is limited buying interest for Nigerian crude.

“… we celebrated the fact that we exited our first recession in 25 years. To me, that celebration was premature.”

The list contains reduction in cost of rice, higher Customs-generated revenue, whistle-blower policy and more.

He says government launched the economic recovery and growth plan, ERGP, to foster sustainable economic growth.

The AGF says additional N100bn is expected to be save after the verification and capturing of the armed forces by ...

The president said Nigeria targets 10,000 MW power generation by 2020.

NBS on September 5 announced that Nigeria had exited economic recession.