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Recession
News
Fear of global recession, as IMF predicts $4trn loss by 2026
THE International Monetary Fund (IMF) has confirmed fears of another global recession in 2023. The IMF Managing Director, Kristalina Georgieva,...
Joseph OLAOLUWA
-
October 10, 2022
Data Stories
Nigeria exits recession, records 0.11% growth on ease of lockdown
FIGURES from the National Bureau of Statistics (NBS) show that Nigeria’s gross domestic product (GDP) for the fourth quarter...
Damilola OJETUNDE
-
February 18, 2021
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Featured News
Number of poor people in Nigeria to increase by 20 million in next 2 years – World Bank
THE number of poor people in Nigeria would increase by 20 million in the next two years, according to...
IHUOMA Chiedozie
-
December 10, 2020
Featured News
Recession: SERAP asks Buhari to cut cost of governance, not public services
SOCIO-ECONOMIC Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari urging him to cut...
Niyi OYEDEJI
-
November 23, 2020
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Data Stories
Experts say Nigerians should brace up for hard times over looming recession
DUE to the current negative growth of -6.10 percent recorded by Nigeria in its Gross Domestic Product (GDP), economic...
Damilola OJETUNDE
-
August 24, 2020
Data Stories
Recession looms as GDP drops by 6.10 percent in Q2, 2020
NIGERIA may be fast heading for recession as its Gross Domestic Product (GDP) of quarter two (Q2) drops by...
Damilola OJETUNDE
-
August 24, 2020
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