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Nigeria in Recession

After Leading Nigeria Into Recession, Buhari Says He Wants ‘Impact On Lives’

“Until coming out of recession translates into meaningful improvement in people’s lives, our work cannot be said to be done.’’ These were the words of...

Nigeria To Come Out Of Recession In 2017 – Udoma

Nigeria will come out of the economic recession before the end of 2017, Udoma Udo Udoma, budget and national planning minister, has reassured Nigerians. He...

Nigeria To Exit Recession In 3rd Quarter – Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria, CBN, says the country should be out of recession by the third quarter of 2017. Speaking...

Under Buhari: Nigeria’s GDP Shrinks From $575 Billion To $354 Billion – Soludo

Chukwuma Soludo, a professor of economic and a former governor of the Central Bank of Nigeria, CBN, has said the size of nation’s Gross...

‘We Will Do Everything We Can To Take Nigeria Out Of Recession’ – Saraki

President of the Senate Dr Bukola Saraki, on Thursday, February 9, 2017 said the National Assembly was committed to finding solutions to the recession...

More Bad News: Nigeria Recorded N104 Billion Negative Trade Balance In 3rd QTR

The National Bureau of Statistics, NBS, has disclosed that Nigeria recorded a negative trade balance of N104 billion in third quarter of this year. NBS,...

1.7 Million Nigerians Lost Their Jobs In First 9 Months Of 2016 – NBS

The harsh economic situation in the country has thrown 1.7 million Nigerians into the job market in nine months, a report from the National...

Nigeria’s Recession Delays ECOWAS Single Currency

The  depreciation of the naira and other economic challenges affecting member states have slowed down ECOWAS economic integration  and the adoption of a single...

Nigeria’s Battered Economy And The #BringBackOurEconomy Movement (READ)

Much as I appreciate what the media has done by publicising the speech on the Nigerian economy delivered by Oby Ezekwesili at the Inaugural...

BREAKING: Bad News As Nigeria’s Recession Worsens, Economy Shrinks By 2.24%

While President Muhammadu Buhari has been playing the blame game, and diverting the attention of Nigerian from the failing economy by attacking democratic institutions...

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