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,...

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...
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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...

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...
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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...

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...
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