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Tag "Recession"

World Bank: Nigeria exited recession earlier than expected

    World Bank: Nigeria exited recession earlier than expected

The World Bank says Nigeria made an early exit out of recession than projected in its October 2020 forecast for Sub-Saharan Africa (SSA). In its latest Africa Pulse Report for

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NCC: Telecoms sector helped Nigeria exit recession

    NCC: Telecoms sector helped Nigeria exit recession

The Nigerian Communications Commission (NCC) says the telecommunications industry is one of the sectors that helped the economy exit recession in the fourth quarter of 2020. In a statement released

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Nigeria exited recession because of our economic plan, says presidency

    Nigeria exited recession because of our economic plan, says presidency

The presidency says Nigeria’s exit from recession is a key indicator of the success of the federal government’s ongoing economic sustainability plan (ESP). The ESP was approved by the federal

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APC: Buhari kept his promise that Nigeria will exit recession in a short time

    APC: Buhari kept his promise that Nigeria will exit recession in a short time

The All Progressives Congress (APC) says the administration of President Muhammadu Buhari is keeping its promises to Nigerians by working on the ‘Next Level’ plans for the country. John Akpanudoedehe,

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Nigeria exits recession with 0.11% growth

  Nigeria exits recession with 0.11% growth

Nigeria’s economy grew by 0.11 percent in the fourth of 2020. This comes after two consecutive quarters of negative growth

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NACCIMA: Land border reopening crucial to Nigeria’s exit from recession

  NACCIMA: Land border reopening crucial to Nigeria’s exit from recession

The Nigerian Association of Chamber of Commerce, Industry, Mines, and Agriculture (NACCIMA) says the federal government’s decision to reopen land

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PwC: Nigeria’s economy will perform better than IMF, World Bank projections

  PwC: Nigeria’s economy will perform better than IMF, World Bank projections

PricewaterhouseCoopers (PwC) has projected that Nigeria’s gross domestic product (GDP) growth rate will likely fall between -1.5 percent and 0.5

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‘Recovery is in sight’ — CBN gov assures of quick exit from recession

  ‘Recovery is in sight’ — CBN gov assures of quick exit from recession

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria will exit its recession in the first quarter

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Otunuga: It’s unclear where Nigeria will borrow N5.2trn to fund 2021 budget

  Otunuga: It’s unclear where Nigeria will borrow N5.2trn to fund 2021 budget

Lukman Otunuga, a senior research analyst at FXTM, says it is unclear where Nigeria will borrow the N5.2 trillion needed

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Recession, CBN and naira in focus

  Recession, CBN and naira in focus

Africa’s largest economy has descended into its second recession in less than five years as oil production dropped to a

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