The Federal Government on Monday declared that the continued tax default by citizens had further plunged the country into economic recession. Nigeria is currently experiencing an...
The Governor of Central Bank, Mr Godwin Emefiele, has projected that Nigeria could exit recession by the first quarter of 2021. He also projected a GDP...
President Buhari has blamed Nigeria’s current economic woes on the severity of the global economic downturn caused by the COVID-19 pandemic. He said this on Monday in Abuja,...
Nigeria’s Former vice-president, Atiku Abubakar says Nigeria could have averted sliding into a recession had President Muhammadu Buhari listened to his counsel. Nigeria officially entered into...
Nigeria’s Gross Domestic Product (GDP) has contracted by 3.62% in the third quarter of 2020, officially indicating that Nigeria has fallen into recession as the oil...
The Minister of State for Finance, Budget and National Planning, Clement Agba, has said Nigeria might go into another recession in the Third Quarter of 2020....
Nigeria’s National Bureau of Statistics, NBS, released its latest figures of the Gross Domestic Product, GDP, signaling a growth in the second quarter from -1.5 percent...
… all things being equal Barring any further hitches, the Nigerian economy will be out of recession in 2018, Statistician General of the Federation, Dr. Yemi...
Pat Utomi, a professor and economic expert, has blamed the administration of President Muhammadu Buhari for the economic hardship in the country. Speaking at a programme...
Bishop David Abioye of the Living Faith Church (Winners Chapel), has urged Nigerians to practice obedience to God, saying the current recession should not make people...
Nigeria’s economy contracted in the third quarter as businesses struggled to access foreign exchange and rebels continued to bomb oil pipelines in the restive south, official...
There are indications that Ford Motor Company has suspended its planned exportation of 500 units of vehicles meant for the Nigerian market owing to the current...