Tag archive for ‘recession’
By Modupe Gbadeyanka On Friday, April 7th, 2017

Unproductive Economy Caused Nigeria’s Recession—Adeosun

By Modupe Gbadeyanka Minister of Finance, Mrs Kemi Adeosun, has revealed the real cause of Nigeria slumping into recession last year. Mrs Adeosun, who has been working effortlessly to ensure the Nigerian economy More...

By Modupe Gbadeyanka On Friday, March 17th, 2017

Nigeria to Soon Recover from Recession—World Bank

By Modupe Gbadeyanka The World Bank Group has expressed confidence that Nigeria will soon recover from economic recession. According to Mrs Eme Essien-Lore, Country Manager in Nigeria, International Finance Corporation, More...

By Modupe Gbadeyanka On Sunday, February 19th, 2017

Nigeria to Quit Recession 2017, Devalue Naira Again—FBNQuest Research

By Modupe Gbadeyanka A research carried out by FBNQuest Research has predicted that Nigeria’s economy will leave recession this year and grow by 2 percent. However, it pointed out that there would be another More...

By Modupe Gbadeyanka On Monday, January 16th, 2017

Recession: Mall Developers, Tenants Consider Rent Renegotiation

By Maureen Ihua-Maduenyi With the current economic crisis creating challenges for all sectors of the economy, the country’s rapidly growing retail sector is struggling. Apart from a few malls, most retail facilities More...

By Modupe Gbadeyanka On Wednesday, December 21st, 2016

Ngige Tasks NDE, NSITF to Tackle Recession

By Modupe Gbadeyanka Minister of Labour and Employment Mr Chris Ngige, has warned that Federal Government would not tolerate incompetence from the parastatals and agencies of government, cautioning that the changing More...

By Modupe Gbadeyanka On Monday, December 5th, 2016

Senate To Focus On Economic Recovery Bills From Tuesday

By Modupe Gbadeyanka Six of the 11 economic growth and reform bills before the Senate would be given priority this week, the red chamber has disclosed. The Senate, in a statement from its Media Office on Sunday, More...

By Modupe Gbadeyanka On Saturday, December 3rd, 2016

Buhari Gives States N522b To Reflate Economy

By Modupe Gbadeyanka In order to make money available to workers and also to help the economy, President Muhammadu has approved the release of N522 billion to the state governments to enable them pay salary and More...

By Modupe Gbadeyanka On Tuesday, November 29th, 2016

Dangote To Help Nigeria Out of Recession

By Modupe Gbadeyanka Dangote Group has expressed its readiness to partner with the Federal Government and the Kano State government in exploring ways to help Nigeria out of its current economic downturn. A statement More...

By Modupe Gbadeyanka On Sunday, November 27th, 2016

Buhari, Jonathan Led Nigeria Into Recession—Ezekwesili

By Modupe Gbadeyanka President Muhammadu Buhari has been accused of leading Nigeria into recession after failing to adopt the right policies to deal with the crash in crude oil prices. This allegation was made More...

By Dipo Olowookere On Tuesday, November 15th, 2016

Recession An Opportunity To Diversify Economy—Gov Ahmed

By Dipo Olowookere Governor Abdulfatah Ahmed of Kwara State has stressed that the current economic recession remains a blessing in disguise because it provides Nigeria with the opportunity to take necessary decisions More...

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