Germany has fallen into recession after a high inflation rate took a bigger toll on the country’s economy than originally estimated. Output in Europe’s largest economy...
Growing fears of a recession in the eurozone push the euro to its lowest level against the US dollar since 2002. The European Union’s single currency...
The World Bank (WB) has predicted that Nigeria’s current recession might last for three years unless the current reforms is sustained and the right mix of policy...
The Minister of Information and Culture, Lai Mohammed, has said that the Federal government is confident that with the intervention policies, with the fiscal and...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria will be out of the recession soon. Over the weekend, Nigeria...
Former Vice Presidential candidate of the Peoples Democratic Party (PDP), Peter Obi has stated that the current recession Nigeria is currently in is going to...
President Muhammadu Buhari said the country is heading for another recession, the second in four years. He made this known yesterday, October 8, while presenting...
Zainab Ahmed, Nigeria’s Minister of Finance, has said that the coronavirus pandemic and falling oil prices are set to force Nigeria’s economy into recession. The...
Panic gripped Wall Street on Wednesday as investors fled shares amid fears over a US-China trade war and the health of the global economy. The three...
After suffering contraction for five consecutive quarters, the Nigerian economy is now officially on the rebound as the National Bureau of Statistics NBS in its second...
The naira dropped against the United States dollar from 498 to 500 at the parallel market during the early trading hours on Monday. The currency thus...
Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, has said that his first contact with recession was in 1989, but pointed out that the country...
Former Minister of Labour and Productivity, Dr Hassan Lawal, has urged Nigerians to be patient and prayerful, while President Muhammadu Buhari strives to fix the economy....
– The AfDB has approved $600m out of the $1billion that its president Akinwunmi Adesina promised to give Nigeria through the bank – AfDB spokesperson Fatima...