reccession

Recession: Economists advise FG to boost exports

Economists on Wednesday called on the Federal Government to stimulate the level of exports of goods and services in order to take the country out of recession. The economists said at a monthly round-table in Abuja on the Nigerian economy that while the country

Economic Recession? See This Hilarious Photo Of The Day

Seems like the economic recession has got both the old and young looking for other ways to survive -such as saving transportation costs in this manner.

Nigerians No Longer Lamenting About Recession- Says Transport Minister, Rotimi Amaechi

Minister of Transportation, Rotimi Amaechi on Monday said that Nigerians are longer shouting about recession, it is not as bad as before. He stated this with an interview with newsmen, he also assured that Lagos - Ibadan rail project would be completed by

The US economy is booming - but Japan and the UK just slipped into recession. Here's why.

The US economy managed to shake off Wall Streets gloomy forecasts and dodge a long-predicted slump last year - but the same cant be said for two other members of the G7. Japan and the UK are both officially in recession, according to figures published Thursday

Recession Posts

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Nigeria Exiting Recession Not True- Fayose

The Ekiti State Governor, Ayodele Fayose has claimed that the announcement that Nigeria was out of economic recession was inaccurate. In a press statement by his spokesperson, Lere Olayinka, on Wednesday, Mr. Fayose said the statistics upon which the claim

Mr. President and an economy in recession

The Nigerian economy is in recession, or "technically in recession", as the Minister of Finance, Kemi Adeosun, put it last week, and seems to be at the lowest point it can be in recent history. We have rocketing inflation at 16.9 per cent, high unemployment

Nigerians No Longer Shouting Recession ' - Amaechi

Minister of Transportation, Rotimi Amaechi on Monday said that the economic recession in the country is not as bad as witnessed some months ago. Amaechi, who has assured that the ongoing Lagos-Ibadan standard gauge rail would be completed by December 2018,

Nigeria's Economy Still Vulnerable Despite Exiting Recession - IMF

The International Monetary Fund on Friday said that in spite of Nigeria exiting the recession, the economy of the country was still vulnerable. The IMF in a statement by Raphael Ranspach, its Media and Press Officer, welcomed the federal government's actions

Buhari Administration Welcomes Exit From Recession With Cautious Optimism

The Buhari administration welcomes news of Nigeria's exit from recession with cautious optimism and will continue to drive Nigeria's economic growth by vigorously implementing the Economic Recovery & Growth Plan launched earlier this year by President Muhammadu

Nigeria is Already Moving Out of Recession - Udo Udoma

The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday said that the country is already moving out of economic recession. Udoma stated this in Abuja while inaugurating the Joint Planning Committee for the 23rd Nigerian Economic Summit

"Nigeria's Recession Ends When Citizens Can Afford Three Square Meals"- Atiku Abubakar

Former Vice President, Atiku Abubakar said that recession in the country will come to an end only when poor Nigerians begin to eat three square meals daily. Atiku said this in a series of tweets via his verified Twitter handle. He had tweeted; "As a Nigerian

Oduduwa Republic: South West Group Declares Secession From Nigeria

A South West group, Yoruba Liberation Command (YOLICOM) has declared secession from Nigeria and sought the creation of Oduduwa Republic, according to a report by Guardian. The declaration was made yesterday in Lagos, the group said it had no apology for the

Nigeria Emerges from First Economic Recession in 25 Years - National Bureau of Statistics

The nation's economy has snapped out of its first recession in 25 years as Gross Domestic Product has returned to positive growth, Punch reports. The National Bureau of Statistics on Tuesday said the GDP grew by 0.55 per cent (year-on-year) in real terms in

Yahoo boys have helped save Nigeria's economy from recession - OAU scholar stirs controversy (Video)

A student of Obafemi Awolowo University (OAU) has averred that Internet scammers, who are better known as Yahoo boys, have saved the country's economy from plunging into recession. The argument was a debate on whether Yahoo Yahoo is a lifeline or a life wire

Niger Delta Militant Group Declares Support for Biafra, Calls for Secession

A militant group in the Niger Delta, Adaka Boro Avengers (ABA), has vowed to make good its earlier threat to declare a republic in the Niger Delta on October 1 as the group announced it would fight alongside the Biafra to actualise their dreams. Daily Sun

Nigeria Must Restructure, Governance Failure Cause of Secession Agitations - Tinubu

Senator Bola Tinubu, the National Leader of the All Progressives Congress (APC) and former governor of Lagos State, has linked the secession agitations agitations in the country to the "chronic failure of government to meet basic aspirations" of the citizens