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Recession

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Nigeria exits recession; GDP grows by 0.11% in Q4 2020

Nigeria’s economy exited recession in the fourth quarter of 2020, recording its first growth in three quarters as coronavirus-linked lockdown was lifted across...

Minister of Finance, Zainab Ahmed
Finance

Finance minister says Nigeria will exit recession by Q1 2021

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the country will exit recession by the first quarter of 2021....

Finance

Nigeria slips into second recession in five years

Nigeria has entered its second recession in five years as official figures published on Saturday show that the economy shrank again in the...

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Nigeria to enter recession in fourth quarter 2020, says FG

The federal government has said that Nigeria is heading for another recession in the fourth quarter of this year. Nigeria’s Minister of Finance,...

FinanceNews

BREAKING! South Africa Enters Technical Recession After GDP Declines For a Second Quarter

South Africa plunged into technical recession on Tuesday following a decline in the country’s gross domestic product (GDP) figures. okay.ng reports South Africa...

Namibia Goes Into Recession

Namibia Namibia is in recession after its economy contracted in the final two quarters of last year, dragged down by sectors like construction...

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Recession Improved Nigeria’s Economy – Kemi Adeosun

Nigeria’s Minister of Finance, Kemi Adeosun, has said the recent economic recession in the country was a blessing in disguise. Nigeria recently announced...

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Nigeria Still In Recession, National Bureau Report Just A Mere Political Gimmicks – Gov. Wike

Governor Nyesom Wike of Rivers State has stated that the country is still in recession, describing National Bureau of Statistcs report as a...

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Atiku Hails Nigeria’s Exit From Economic Recession

Former Vice President Atiku Abubakar has commended the announcement by the Nigeria Bureau of Statistics (NBS) that the country has exited the recession....