recession

Petrol

September 5, 2017

Out of recession but still hostage to oil

by Alexander O. Onukwue From the figures published on Nigeria’s GDP by the Nigeria Bureau of Statistics, the oil sector was estimated to have averaged at 1.84 million barrels per day, which is 0.15 million barrels higher than the daily average production recorded in the first quarter of June. That rate of production – the... Read More

Story of the day

economy, nigeria, Oil and Gas, recession, Story of the day

September 5, 2017

Out of recession: Another promise delivered?

by Alexander O. Onukwue The Nigeria Bureau of Statistics published data today which says the country is officially out of its worst recession in 29 years. The figures published by the NBS confirms the words of the Statistician-General of the Federation, Dr Yemi Kale, who had expressed to Bloomberg TV, in an interview, that the... Read More

Story of the day

Buhari, Nigeria Bureau of statistics, Osinbajo, recession, Story of the day

September 5, 2017

Nigeria officially out of recession – NBS report

The National Bureau of Statistics (NBS) said on Tuesday that Nigeria grew by 0.55 percent in GDP terms for Q2 2017. According to the Nigerian Gross Domestic Product report released by NBS on Monday, the economy recorded a positive growth after five consecutive quarters of contractions since Q1 2016. The 0.55% growth recorded is 2.04%... Read More

National Bureau of Statistics, NBS, Nigeria's economy, recession

August 15, 2017

ASUU strike: Is it unreasonable at this time?

by Alexander O. Onukwue The Academic Staff Union of Universities began an indefinite strike action on Sunday, August 13, 2017, citing noncompliance by the Federal Government to its 2009 agreements with the union. According to the memo from the Union to its members nationwide which put the strike action into effect, the FGN has only... Read More

Story of the day

ASUU, FG, recession, strike

Opinion: Jonathan’s Refrigerators, Tinubu’s new private Jet and Sultan’s Abuja mansion

by Jude Ndukwe When news broke that the modest Gwarimpa Abuja home of former president Goodluck Jonathan was burgled, some mischievous elements, instead of sympathizing with the former president and call for the immediate arrest and prosecution of the burglars, chose to rather go about town excessively exaggerating the number of valuable items that... Read More

Goodluck Jonathan's burgled home, Jagaban Tinubu's new toys, Jude Ndukwe, opinion, Political extravagance, recession

We are already moving out of recession – Udoma

The Minister of Budget and National Planning, Senator Udo Udoma has said the country is already moving out of economic recession. Udoma stated this in Abuja while inaugurating the Joint Planning Committee for the 23rd Nigerian Economic Summit. He said as the country is already on its way out of economic recession, the current efforts... Read More

'Mr Fix Nigeria', economy, Moving, nigeria, recession, Udo Udima

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

These are the top five stories that drove conversation today. 1. Nigeria May Stay Longer In Recession – Emefiele Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says Nigeria may stay longer in recession if bold policies are not activated to support the current fragile growth. 2. 1999 Constitution Review: Immunity For Lawmakers, Restriction Of Tenure... Read More

1999 Constitution, donald trump, Godwin Emefiele, Kashim Shettima, Nigerian governors, President Muhammadu Buhari, recession, Transgender, US military

Nigeria may stay longer in recession – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says Nigeria may stay longer in recession if bold policies are not activated to support the current fragile growth. Speaking after the monetary policy meeting on Tuesday, Emefiele said forecast available to the committee shows that Nigeria’s recovery from recession remains very fragile and must be... Read More

2017 budget, Godwin Emefiele, kemi Adeosun, recession

The Big 10: These are the stories that drove conversation this week

These are the top ten stories that drove conversation this week. 1. We’re in talks with over 16 political parties to take power back – Makarfi The Chairman, National Caretaker Committee of the Peoples Democratic Party (PDP), Ahmed Makarfi, has said that the party is in talks with over 16 political parties ahead of 2019 elections.... Read More

Ahmed Makarfi, alison-Madueke, Anambra elections, APC youth, biafra, IPOB, kemi Adeosun, lai mohammed, nigerian entertainment industry, Nnamdi Kanu, nysc, PDP, peter okoye, PSquare, recession, Willie Obiano

The YNaija Cover this evening – the 20th of July

Read the full stories and analyses on YNaija: Court orders seizure of $793.2m hidden in 7 commercial banks Trump says he regrets appointing Attorney General Sessions but does not regret Comey Nigeria is already out of recession – Adeosun

donald trump, Jeff Sessions, kemi Adeosun, recession, YNaija Cover

Nigeria is already out of recession – Adeosun

Minister of Finance, Kemi Adeosun has said the Muhammadu Buhari-led administration recovers stolen funds daily. Adeosun said this while speaking on a programme on African Independent Television (AIT). “It’s a process that we are reconciling and I’m sure that very soon, we will put out some data; I think Lai Mohammed put out some figures and... Read More

kemi Adeosun, nigeria, President Muhammadu Buhari, recession

Igbos most affected by economic recession – Ohakim

Former Governor of Imo State, Ikedi Ohakim has said Igbos are the most affected by the Economic recession. Ohakim spoke on Saturday at the inaugural Chinua Achebe International Conference held at the University of Nigeria, Nsukka. The former governor said people of the South East are largely marginalised. He said, “The Federal Government created a... Read More

affected, igbos, Ikedi Ohakim, recession

The YNaija Cover this evening – the 22nd of May

Follow these links to read these stories and analyses on YNaija: President Trump’s flight to Israel may be a first in history ‘For the second time in 2 weeks, President Buhari is dead’ 1999 constitution cause of recession not Buhari – Bisi Akande

Buhari, israel, recession, YNaija Cover

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. ‘Fleeing Boko Haram insurgents relocating from Sambisa to Taraba forest’ Taraba State governor, Darius Ishaku on Thursday said fleeing Boko Haram members have relocated from Sambisa forest in Borno state to Suntai Daaji forest in the state. 2. FG’s poor policies led to an avoidable... Read More

boko haram, Charles Soludo, Goodluck Jonathan, President Muhammadu Buhari, recession, The Big 5

FG’s poor policies led to an avoidable recession – Soludo

by Azeez Adeniyi Former governor of Central Bank of Nigeria, Charles Soludo on Thursday said Nigeria went into recession because of poor ideas by the Federal Government’s policy makers. Soludo said this in a paper he delivered at the 2017 International Conference of the Department of Business Administration of the Nnamdi Azikiwe University, Awka, Anambra... Read More

CBN, Charles Soludo, economy, nigeria, policies, poor decisions, recession

Couple sell daughter to pay rent and start a business

by Omoleye Omoruyi Police Command in Cross River have apprehended a couple for allegedly selling their six-year old daughter for N400,000. The state Commissioner for Police, Hafiz Inuwa, said the suspects were arrested on April 26 following information from concerned individuals. Inuwa said the couple sold their daughter in order to pay their house rent... Read More

calabar, child abuse, couple sell daughter, inhumanity, recession

Nigeria moving out of recession – Lai Mohammed

by Dolapo Adelana Minister of Information and Culture, Alhaji Lai Mohammed, has said the country was gradually moving out of recession. Mohammed, who was represented by the Managing Director of the News Agency of Nigeria (NAN), Mr Bayo Onanuga, said this on Saturday at the biennial convention of the Nigerian Guild of Editors in Lagos.... Read More

Bayo Onanuga, inflation, lai mohammed, recession

The Big 5: These are stories you should be monitoring today

These are the top five stories you should monitor today. How Obama aided Buhari’s victory in 2015 – Jonathan Former President Goodluck Jonathan has said he lost the 2015 Presidential elections due to conspiracy by the United States of America, Britain and France. 2. Nigeria will be out of recession by third quarter – Emefiele Governor... Read More

barack obama, Deportees, Godwin Emefiele, Goodluck Jonathan, President Muhammadu Buhari, recession, The Big 5

The YNaija Tracklist: How Obama aided Buhari’s victory in 2015 – Jonathan | Nigeria will be out of recession by third quarter – Emefiele | More stories

From the papers this morning – a tracklist. How Obama aided Buhari’s victory in 2015 – Jonathan – YNaija Nigeria will be out of recession by third quarter – Emefiele – YNaija Dasukigate: How I collected N26m for Fani-Kayode – Witness – YNaija Libya deports 253 Nigerians – YNaija Buhari’s govt has been hounding my... Read More

Babachir Lawal, Femi Fani-Kayode, Goodluck Jonathan, recession, SGF, The YNaija Tracklist, Yemi Osinbajo

Nigeria will be out of recession by third quarter – Emefiele

by Azeez Adeniyi Governor of the Central Bank of Nigeria, Godwin Emefiele, has said Nigeria will be out of recession by the third quarter of this year. The CBN governor said this after meeting with the leadership of the Senate in Abuja on Tuesday. Emefiele said efforts by the Federal Government has shown that the... Read More

CBN, Godein Emefiele, nigeria, recession, third quarter

Nigeria’s economy already out of recession – World Economics

by Azeez Adeniyi The World Economics on Tuesday said Nigeria’s economy was rising sharply and already out of recession. The London-based organisation dedicated to producing financial analysis said this in a report published on its website. It said: “April Sales Managers’ Index (SMI) data suggests that the Nigerian economy is continuing to grow out of... Read More

economy, nigeria, recession, World Economics

The YNaija Tracklist: I didn’t authorise Malabu oil deal – Adoke | ‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’ | More stories

From the papers this morning – a Tracklist. EFCC will decide fate of INEC RECs who received bribes – Presidency – YNaija ‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’ – YNaija I didn’t authorise Malabu oil deal – Adoke – YNaija Customs distrbute 136,476 seized bags of rice to IDPs – YNaija CBN... Read More

$280m, CBN, Dangoe, EFCC, Goodluck Jonathan, malabu oil, Mohammed Adoke, recession, The YNaija Tracklist

Recession: Those blaming fall in oil price were just bad managers – Utomi

by Azeez Adeniyi Former presidential candidate, Prof. Pat Utomi on Wednesday blamed the adminstration of President Muhammadu Buhari for the current economic recession in the country. Utomi spoke as a guest lecturer at Dr Emmanuel Egbogah budget roundtable organised by the Business School of Nnamdi Azikiwe University, Awka, Anambra State. He blamed the recession on... Read More

bad managers, budget, pat utomi, recession

The Thread: This is the magic key to staying 10 steps ahead of the curve

It’s still a recession. The naira is not quite where it should be. Companies are still prone to fire at will, so everyone needs to stay sharp, project and remain relevant. One way to do this is continuous learning. So says @Wole Odeleye. Do see below: https://twitter.com/WoleOdeleye/status/847718334963392514 Wow.

Career, Econmy, Layoffs, Magic keys, nigeria, recession, The Thread

Opinion: Winning the battle against suicide

by Adesina Tosin Nathaniel On the 19th of January The Assistant Inspector General of Police Zone 5 Headquarters, Mr Abubakar Mohammed, while addressing Police officers in Bayelsa State, expressed worry over the increasing incidents of suicide among officers across the country. In his words he said “The Inspector General of Police (IG) has asked us... Read More

depression, mental health, nigeria, opinion, recession, suicide

What signs? It looks like Senator Udo Udoma does not know what he’s saying again

Senator Udo Udoma, the Minister for Budget and National Planning has just said that he – and probably some other visionary planners and Federal Government goons – have started seeing signs. Signs that this recession plaguing the country will end soon. We say #NaWash! These are the signs he says he’s seeing: Marginal reduction in... Read More

More, Thinking Through

economy, peter obi, recession, Reno Omokri, Udo Udoma

Recession: There has been positive signs of economic recovery – FG

by Azeez Adeniyi The Federal Government has said it has started seeing positive signs that the economy was recovering from recession. The Minister for Budget and National Planning, Senator Udo Udoma, stated this at a meeting with the Executive Secretary, Nigerian Investment Promotion Council, Ms Yewande Sadiku. Udoma said marginal reduction in inflation rate for... Read More

Economic recovery, FG. Positive signs, recession, Udo Udoma

The Thread: “Brazen absurdity!” ” Profligacy” | Nigerians rate Kogi governor a flat F for latest executive action

While Nigeria is desperately trying to claw its way out of this seemingly unending recession, Kogi state governor, Alhaji Yahaya Adoza Bello, appears bent on burying us even deeper. His recent political appointments included 54 Senior special assistants and 9 Special Assistants. What does Twitter NG think of this development? Do see below: https://twitter.com/seunonigbinde/status/841659520896126977 Our... Read More

Kogi State, nigeria, political appointments, recession, Seun Onigbinde, The Thread, Yahaya Bello

Opinion: Nigeria in recession – obstacle or opportunity?

by Olawale Rotimi Opeyemi A nation is said to be in recession when gross domestic product (GDP) declines for two or more consecutive quarters where GDP is the market value of all goods and services produced within the country in a given time. Following this definition, Nigeria has slipped into recession, with the latest growth... Read More

agriculture, nigeria, Oil dependence, opinion, recession, way out

Opinion: Now that President Buhari is back

by Festus Ogun “Always make those above you feel comfortably superior. In your desire to please or impress them, do not go too far in displaying your talents or you might accomplish the opposite – inspire fear and insecurity. Make your masters appear more brilliant than they are and you will attain the heights of... Read More

blame game, Buhari, nigeria, opinion, Osinbajo, Politics, recession

NEWER POSTS 1 2 3 … 11 OLDER POSTS

15 49.0138 8.38624 arrow 0 arrow 0 4000 1 0 horizontal https://ynaija.com 300 0 1