Economic recession

Tag: Economic recession

Only 1% of Nigerians benefitted from economic boom before recession – Report

Only one percent of Nigerians enjoyed, while the level of inequality increased during the oil boom that preceded the recent - worst - economic recession, a report by the Financial…

Azeez 7 years

Economic recession: Statistics is different from reality – Makarfi

The Peoples Democratic Party (PDP) has said statistics does not translate to reality. Te opposition party said this while reacting to a report by the National Bureau of Statistics (NBS) that…

Omoleye Omoruyi 7 years

There’s a likelihood recession ended in June – Yemi Kale

The statistician general of the federation, Yemi Kale, says there’s a likelihood that the economic recession in Nigeria ended in the second quarter of 2017. In an interview with Bloomberg,…

Omoleye Omoruyi 7 years

Nigeria on the pathway to economic recovery – Ita Enang

The Senior Special Assistant to the President on National Assembly Matters (Senate), Sen. Ita Enang says Nigeria will soon recover from the economic meltdown. A statement signed by his media…

Azeez 7 years

Nigeria is coming out of economic recession – Buhari

by Azeez Adeniyi President Muhammadu Buhari has urged Nigerians to persevere and exercise patience with his government. ‎Buhari made the remark during the inauguration of the North-West zone of the…

Tolu 7 years

#Impact365: Lagos Food Bank Initiative has reached out to over 17,000 Lagosians and is committed to feeding more

Thousands of Lagos residents - women, children and aged - struggle to feed on a daily basis as the economic recession does not allow most the ability to afford this…

Op-ed Editor 7 years

Opinion: Who’s hoarding our unity?

by Samuel Akinnuga I can't describe exactly the feeling with which I write this but I can at least share the reason for writing: to share an experience I…

Azeez 7 years

Nigeria will soon recover from recession – World Bank

The World Bank has said Nigeria will soon get out of its economic recession. Country Manager in Nigeria, International Finance Corporation, Eme Essien-Lore said this in Lagos on Thursday. ”In…

Op-ed Editor 7 years

Reno Omokri: How Amaechi and Buhari induced Nigeria’s recession

by Reno Omokri This has been a most interesting week for me. As many of my readers may have become aware, the minister of transportation, Rotimi Amaechi, gave an interview…

Op-ed Editor 7 years

Opinion: Uncle Dele, how market?

by Richard Romanus Of all the APC and President Mohammadu Buhari supporters who are today singing a new song due to his abysmal and catastrophic performance in almost two years,…

Op-ed Editor 7 years

Opinion: This is the consequence of Nigeria’s primary export-dependence

by Chambers Umezulike, According to the Nigeria National Bureau of Statistics, the country’s Gross Domestic Product contracted by 0.36% in the Quarter (Q) 1 of 2016, the first negative growth…

Op-ed Editor 7 years

The Thread: “Blackface should know Tuface is fighting for him; he is fighting for the poor” | Top 10 tweets about Tuface’s protest

Nigeria is in a class of its own. No rival, really. We are so accustomed to hardship, we've become longsuffering and if anyone tries to show us the error of…

Oludolapo Adelana 7 years

The Late 5: These are the stories that drove conversation today

These are the top five stories that drove conversation today. 1. Dangote ranked 68th on Forbes list of world’s most powerful persons Africa’s richest man, Aliko Dangote has been named as…

Oludolapo Adelana 7 years

Recession not caused by this administration – Buhari

President Muhammadu Buhari says the current economic recession in the country is s product of bad management of the nation's resources by past administrations. Buhari said this on Thursday at…

Oludolapo Adelana 8 years

Nigeria needs to diversify the economy – Buhari

President Muhammadu Buhari says the time has come for Nigeria to diversify its economy and break away from its over dependence on oil. Buhari made the remark on Monday while declaring open…

Azeez 8 years

#30Days30Voices: ‘The less privileged are most affected by the economy’

The current economic situation, worsened by high rate of inflation and skyrocketing prices of commodities has been nothing to write home about. Every Nigerian, one way or the other has…

Oludolapo Adelana 8 years

‘Even if the government is selling NLNG on credit, I am not interested in buying’ | Dangote

Chairman of the Dangote Group, Aliko Dangote says he has no interest in purchasing shares of the Nigeria Liquefied Natural Gas (NLNG). Last month Dangote had told the Federal Government…

Azeez 8 years

We are already getting out of recession – Adeosun

Minister of Finance, Kemi Adeosun on Wednesday said the measures taken by the Federal Government are already bringing Nigeria out of recession. She said this while speaking to journalists at…

Oludolapo Adelana 8 years

I have no idea when recession will end – Adeosun

Minister of Finance Mrs Kemi Adeosun says she has no idea as to when the current recession will come to an end. She made the remark during an interview in…

Tolu 8 years

[The Legislative Blog]: “Change will not happen by a slogan” and other things Saraki said at today’s plenary sitting

The Nigerian Senate resumed today from their seven-week recess and in his welcome speech, Senate President Bukola Saraki made some salient points about the economy and how it can be…

Azeez 8 years

Nigerians are not giving us the commendation we deserve – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed has said Nigerians have been unfair to the administration of President Muhammadu Buhari and have failed to give it the commendation it…

Oludolapo Adelana 8 years

If a policy is wrong, it is wrong… Change it – Sanusi Lamido

The Emir of Kano Sanusi Lamido Sanusi has said that there is no point or reason to keep operating a policy that is wrong and not working. He said the idea…

Azeez 8 years

Nigeria to get loans from the World Bank, China

Barely a week after the Nigerian economy officially entered into a recession, the Presidency has announced that it would receive loans form the World Bank, China’s Exim Bank, and the Japan…

Roqeebah 8 years

Dear Saraki, you feel the pains of recession too? Pray, do tell how?

Senator Bukola Saraki says he and other leaders of Nigeria feel the pains of this recession. Really funny, sir. Hard to imagine what you leaders are going through right now.…

Azeez 8 years

We are also feeling the pains of recession – Saraki

Senate President, Bukola Saraki on Friday said leaders in the country are also affected by the current economic recession. The Senate President said this on Friday while addressing State House…

Azeez 8 years

Nigerians’ lavish lifestyle to be blamed for recession – Minister

The Minister of State for Education, Prof. Anthony Anwukah has said Nigerians are unable to swiftly adjust to the present "economic recession” due to their “over-bloated lifestyle.” The minister said this while…

Oreoluwa Peters 8 years

#30Days30Voices: ‘There is light at the end of the tunnel’ | Man believes Nigeria’s economic recession is a sign of great things to come

In the past few weeks, Nigeria has 'technically' slipped into recession and different sectors of the economy have been hit hard by this development. However, on our #30Days30Voices series, one…

Oludolapo Adelana 8 years

Tag: Economic recession

Recent Posts

Recent Posts

Recent Comments

Archives

Categories

Meta