As sector boosts GDP by 12.45% Nigeria’s telecommunications industry, regulated by the Nigerian Communications Commission (NCC), is one of the sectors whose performance lifted the country...
‘Despites recession exit, further recovery tough for Nigerian economy’ Despite the recent thrilling news that the Nigerian economy has pulled out of recession, analysts...
Nigeria exits recession amidst weak economic recovery As real GDP Grew by 0.11% in Q4 Slid -1.92% in Full Year 2020 Trudging along a...
The current recession, which the Nigerian economy recently slid into, will be short-lived, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said....
Nigeria has slipped into a recession after its gross domestic product contracted for the second consecutive quarter, according to official data released. Africa’s biggest economy is...
The Central Bank of Nigeria (CBN) has said it will pursue expansionist monetary policies to save the country from economic headwinds and combat recession. God Emefiele,...
Osinbajo said despite the slump, the Nigerian Government had to sustain expenditures, “especially on salaries and capital projects, in order to keep the economy going.”
The Lagos Chamber of commerce and Industry (LCCI) on has cautioned about growing prospects of the nation’s economy sliding into very deep recession at the end...
The Central Bank of Nigeria (CBN) has vowed to do all it takes to sustain efforts at steering the Nigerian economy away from the looming recession...
Analysts at Stanbic IBTC Bank have projected that Nigeria’s economy would sustain its recessionary trend in the second quarter of this year based on its current...