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Tag "Economic recession"

Coinbase sacks 1,100 employees amid cryptocurrency crash

    Coinbase sacks 1,100 employees amid cryptocurrency crash

Coinbase, one of the biggest cryptocurrency exchanges in the world, says it is laying off 1,100 of its employees in order to “stay healthy during this economic downturn”. Brian Armstrong,

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CBN: Floating the naira could have destroyed the economy

    CBN: Floating the naira could have destroyed the economy

The Central Bank of Nigeria (CBN) says it resisted strong pressures to float the naira in order to save the country during the period of economic recession. Isaac Okoroafor, spokesman

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Nigeria’s exit from recession is another promise fulfilled, says APC

    Nigeria’s exit from recession is another promise fulfilled, says APC

The All Progressives Congress (APC) says the exit of the country’s economy from recession is another campaign promise fulfilled. On Tuesday, the National Bureau of Statistics (NBS) announced that the

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PDP on recession: There’s nothing to celebrate until harsh living conditions improve

    PDP on recession: There’s nothing to celebrate until harsh living conditions improve

The Peoples Democratic Party (PDP) says there is nothing to celebrate until the “harsh living conditions” have improved. The party said this in reaction to the news that Nigeria had

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Turning frustration into opportunity

  Turning frustration into opportunity

BY KUNLE SOMOYE The adage that “tough times do not last, tough people do” is fast becoming the experience of

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Dogara: Other countries survived recession, Nigeria’s case can’t be different

  Dogara: Other countries survived recession, Nigeria’s case can’t be different

Yakubu Dogara, speaker of the house of representatives, says although the challenges facing the country’s economy appear too difficult, they

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Reps say NO to use of coins as legal tender

  Reps say NO to use of coins as legal tender

The house of representatives on Wednesday rejected a motion seeking to enforce the use of coins as legal tender. Mojeed

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Senate invites Buhari over economic recession

  Senate invites Buhari over economic recession

‎The senate has invited President Muhammadu Buhari to brief a joint session of the national assembly on his plans for getting

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Selling national assets will be a historic mistake, says Soludo

  Selling national assets will be a historic mistake, says Soludo

The federal government will be repeating mistakes of the past should it sell some of the nation’s assets as has been

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Osinbajo: Buhari will take Nigeria across the Red Sea

  Osinbajo: Buhari will take Nigeria across the Red Sea

Vice-President Yemi Osinbajo wants Nigerians to “be strong and of good courage” because the nation will “prosper” despite the prevailing economic

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