FG ANNOUNCES NIGERIA SET TO ENTER RECESSION AGAIN

Leke Baiyewu, Abuja The Federal Government has said there is likelihood of Nigeria sliding into another recession in the Third Quarter of 2020, making it the second time within four…

RECESSION LOOMS, HARD TIMES ARE HERE, NGOZI OKONJO IWEALA WARNS BUHARI

Nigeria’s former Finance Minister, Okonjo-Iweala, has warned that recession and difficult times are ahead amid the coronavirus pandemic. Iweala said this during an interview on Channels TV. She urged the…

PRESIDENTIAL ADVISORY COUNCIL WARNS OF RECESSION

John Ameh, Abuja The Presidential Advisory Council on Tuesday warned about dire economic consequences for Nigeria if the raging coronavirus infection was not contained as quickly as possible. The council,…

OIL PRICE CRASH: NIGERIA MAY LOSE 8.6BILLION DOLLARS REVENUE IN 6MONTHS, MOVE INTO RECESSION

Recession looms, say LCCI, PENGASSAN, NUPENG Operators canvass deregulation, economic policy review Okechukwu Nnodim Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is…

OKONJO IWEALA TO HELP STEER SOUTH AFRICAN ECONOMY AWAY FROM RECESSION

Recession-plagued South Africa is looking the way of Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala to chair an economic think tank that will deliver it from its current austerity to economic…