Tag: Recession

“The growth trend since 2015 has reawakened hope that the economic diversification dreams of the country may finally be a reality as the sector continues to energize significant economic activities in the services sector of the economy.”

"The truth is that the country had virtually become ungovernable and unless we restructure and restore Nigeria to federalism, the country is on the brink of calkapse and God should save us from the worst-case scenario."

According to the National Bureau of Statistics (NBS) Nigeria’s Gross Domestic Product (GDP) in a report released yesterday said the economy slumped into a recession in the third quarter of this year as oil production dropped to a four-year low.

He was amongst the Nigerian legal minds who helped shaped global narratives during the Military regimes that won some mileages for the country to an extent that the then military ruler General Sani Abacha was persuaded by superior logic to set up the National human rights commission to be in conformity with the Paris principle and indeed best global practices.

Fearful of catching the coronavirus while also feeling the pinch from recession, Spaniards are increasingly shunning public transport and turning to...

Australia has officially fallen into its first recession in 29 years with the biggest fall in Gross Domestic Product (GDP) on...

…CBN directs BDCs to sell dollar at N386, restarts forex sales …Adds Nigeria’s GDP performance better than...

…. GDP set to contract by 4.6% in 2020 Economists and financial experts have lamented the crisis rocking...

An assessment by the Nigeria Bureau of Statistics indicates that Nigeria’s economy will go into a recession at an average of...