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Tag "Recession"

Eurozone slips into recession as energy prices soar

    Eurozone slips into recession as energy prices soar

The eurozone entered a technical recession in the first three months of 2023 as soaring energy prices and rising interest rates drove inflation higher. The eurozone is made up of

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Nigeria at risk of CBN-induced recession over naira swap, says NGF

    Nigeria at risk of CBN-induced recession over naira swap, says NGF

The Nigeria Governors’ Forum (NGF) says the country is at risk of recession which will be the result of the naira exchange policy of the Central Bank of Nigeria (CBN).

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One-third of the world will face recession this year, IMF warns

    One-third of the world will face recession this year, IMF warns

Kristalina Georgieva, managing director, International Monetary Fund  (IMF), has warned that a third of the global economy will face recession this year. Georgieva spoke in an interview with CBS, an

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OPEC cuts oil demand growth forecast over low production, fears of global recession

    OPEC cuts oil demand growth forecast over low production, fears of global recession

The Organisation of Petroleum Exporting Countries (OPEC) says there will be a cut in its global oil demand growth forecast for 2023 over fears of global economic recession. The global

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Ajuri Ngelale: Anyone assessing Buhari’s government must consider impact of recession, COVID

  Ajuri Ngelale: Anyone assessing Buhari’s government must consider impact of recession, COVID

Ajuri Ngelale, senior special assistant to President Muhammadu Buhari on public affairs, says any “honest assessment” of his principal’s administration

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Gani Adams: Secessionist agitations result of government’s failure to tackle insecurity, recession

  Gani Adams: Secessionist agitations result of government’s failure to tackle insecurity, recession

Gani Adams, the Aare Ona Kakanfo of Yorubaland, says government’s failure to tackle insecurity and challenges affecting the economy led

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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

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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

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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

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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

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