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Recession

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 of 2020 grew by 0.11...

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 the latest edition of the...

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 the cost of governance and...
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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 experts have urged Nigerians to...

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 6.10 per cent, a report...

Nigeria would soon go into recession – Finance minister

FINANCE minister Zainab Ahmed has said Nigeria would soon go into a recession. But the federal government is trying to make sure it is shallow...
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COVID-19: Recession may be inevitable if the pandemic continues for six months- Minister of Finance

MINISTER of finance, budget and national planning, Mrs Zainab Ahmed has said that the country can still close on a positive note for the...

COVID-19: These are difficult times for all, especially for the poorest and most vulnerable — World Bank

WORLD Bank Group President, David Malpass  has reacted to the ongoing COVID-19 pandemic ravaging the world describing the situation as the most difficult times...

Recent

Jamlab offers reporting grants

THE Journalism and Media Lab (Jamlab), a project by Wits Journalism, is accepting proposals for its reporting grants.  The grants focus on in-depth reporting...

Terrorists attack Zamfara mosque, kill worshippers

NO fewer than 11 worshippers have been reportedly killed in a recent attack by terrorists in Bukkuyum Local Government...

Police intercept cache of live cartridges in Lagos, arrest suspects

THE Lagos State police command said it has intercepted two commercial buses loaded with large quantities of live cartridges,...

Data shows Nigeria’s Lassa fever death toll doubles in 2022  

Lassa fever has killed 171 persons in Nigeria since January, the latest data from the Nigeria Centre for Disease...

Nasarawa State University pulls out from ASUU strike

THE management of the Nasarawa State University, Keffi, (NSUK), has announced that the institution would be reopening on Monday,...
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