The Minister of Finance, Budget and National Planning, Zainab Ahmed, has stated the current recession faced by the country at the moment will only last for a short period of...
President Muhammadu Buhari has urged Nigerians to brace up for another recession, the second in four years. Speaking while presenting the 2021 budget to the National Assembly for approval, on...
The United Kingdom has officially gone into recession for the first time after 11 years following a 20.4% fall in Gross Domestic Product (GDP). The coronavirus pandemic, lockdown is said...
The International Monetary Fund chief, Kristalina Georgieva has alerted the world leaders that the global economy is now in a recession following the outbreak of the novel coronavirus. The 66-year-old...
Zainab Ahmed, Nigeria’s Minister of Finance, has said the country will go into recession if the Coronavirus pandemic persists longer than six months. She made this known when she appeared...
The International Monetary Fund on Monday warned that people should brace up for a recession which could be far worse than what global markets suffered in 2009, due to the...
Nigeria has overtaken South Africa as the biggest economy in Africa after the latter went into recession. This is the second time in two consecutive years that South Africa’s economy...
South Africa’s statistics bureau (Stats SA) on Tuesday, March 3, announced that the country slipped into recession in the final three months of 2019. South Africa’s economy shrank by 1.4% in the...
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