Browsing Tag
recession
7 posts
World Bank Admits Nigeria Exited Recession Faster Than Expected
The World Bank has admitted Nigeria moved out of last year’s recession faster than expected. The bank, in…
Nigeria Recession: How Did the Exit Happen?
It appears the Q1 pledge of President Muhammadu Buhari’s government has been achieved. Official figures released from the…
Breaking: Nigeria Exits Recession as Economy Grows 0.11% in Q4
Nigeria’s economy has technically exited the recession as the economy grew by 0.11 per cent in the fourth quarter of the year. However, cumulatively in 2020, the economy contracted by 1.92 per cent.
NC Village Square Africa | Nigeria Faces a Second Recession
Nigeria faces a second recession in five years, and its worst in 33 years. Citizens have blamed the…
Is Nigeria Heading For A Technical Recession?
Nigeria’s monetary and fiscal policymakers face enormous challenges as the country stares a looming technical recession in the…
Nigeria’s economy sees 1.87% Q1 expansion
Data from Nigeria’s National Bureau of Statistics, NBS indicates that the country’s economy experienced some growth at the…
Nigeria posts highest quarterly GDP growth since recession
Nigeria’s economic growth rose to an annual rate of 2.55% in the three months to the end of…