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Recession

Economy

Nigeria Crawls Out Of Recession With Meagre 0.55% Growth

Wires | The Trent -
The National Bureau of Statistics, NBS, said Nigeria has exited its worst economic recession in more than two decades, notching up growth of 0.55...
Economy

Nigeria: Economic Decline Continues As GDP Shrinks For 5th Quarter

Bloomberg Business -
The ailing economy of Nigeria continued its slump and contracted for a fifth consecutive quarter in the three months through March as oil output...
Economy

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

Wires | The Trent -
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,...
Economy

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

Ekamma Jacobs | Staff Reporter -
While President Muhammadu Buhari has been playing the blame game, and diverting the attention of Nigerian from the failing economy by attacking democratic institutions...
#SoundOff

Flashback: In 2015 CBN Warned That Buhari’s Lack Of Policy Would Bring A Recession

Layefa Walter | Op-Ed Contributor -
In 2015, the Central Bank of Nigeria, CBN, warned that Nigeria's economy could slip into recession in 2016, if proactive steps were not taken by...
Careers

12 Survival Tips For Getting Through Nigeria’s Recession

Opinions | The Trent -
In these desperate times of recession in the economy (some might disagree and say it’s a stagflation), it can be awfully difficult to get...
Government

A Tough 2016 Christmas Facing Nigerians – Lai Mohammed

Julius Okeke | Political Reporter -
Lai Mohammed, Nigeria's minister of information and culture, has assured of the determination of President Muhammadu Buhari-led administration to improve the economy and make...
Government

FG Has Hit The Limit On Creating New Jobs – Adeosun

Wires | The Trent -
Kemi Adeosun, Nigeria's finance minister, told the Senate that the Muhammadu Buhari-led government can no longer reasonably employ more people into the public sector...
Editor’s Pick

‘The Only Language Hunger Understands’ – Momoh Weighs In On, Recession, APC, Niger Delta

Ogala Osoka | Staff Reporter -
Tony Momoh, a former minister of information and culture,  has said that the solution to the Niger Delta crisis is not military action but...
Business

Forex Regime: Erisco Foods To Shut Down Operations Ending 1,500 Jobs

Agency Reports -
An indigenous firm, Erisco Foods, has said it may be forced to shut down its production in the country due to its inability to...
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