We have your receipts: Dear Garba Shehu, we are still in recession

We hate to be the people that will remind you of this grim fact on the first day of the New Year. On a day like this, you should be reading stuff like this. However, as you may have read by now, 2017 is the year when we finally ditch the lack of accountability that... Read More

Featured, The Presidential Blog, Thinking Through

channels tv, economy, Garba Shehu, politics today, recession, Seun Okinbaloye, We have your receipt, ynaija

January 1, 2017

Nigerians are happy despite recession – Oyegun

National Chairman of the All Progressives Congress, Chief John Oyegun has said despite the economic recession in the country, Nigerians are still still happy and having fun. Oyegun said this in Benin on Saturday while speaking with newsmen. He noted that Nigerians have learnt to save Monet because of the economic crisis of the country.... Read More

The News Blog

happy, John Oyegun, nigerians, recession

January 1, 2017

Pastor Adeboye predicts an end to Nigeria’s economic recession in 2017

by Azeez Adeniyi Pastor Enoch Adeboye, the general overseer of the Redeemed Christian Church of God (RCCG) has predicted an upturn in Nigeria’s fortunes in the new year. The respected clergy made this prediction during the church’s traditional cross over service which took place at the Redemption Camp in Lagos. Adeboye whose message was beamed... Read More

Featured, The News Blog

economy, Enoch Adebayo, Happy New Year, naira, New Year, nigeria, prediction, Prophecy, rccg, recession

December 28, 2016

Reuben Abati: The morning after Christmas

“How was your Christmas Day?” “Comme ci, comme ca” “What’s that?” “I am speaking French. You mean you don’t even understand elementary French?” “No, I don’t. Speak English. How was Christmas?” “Low-key. Like this, like that”. “For me, it was a dead-end Christmas” “God forbid. May we never have a dead-end Christmas. I reject it... Read More

Opinion

christmas, economy, mmm, Ngeria, Plastic rice, recession

December 23, 2016

YNaija’s 12 days of Christmas – The ponzi scheme that saved thousands

In a lot of ways, 2016 has been a very stressful year. Hopefully, it hasn’t been as stressful for you as it has been for our dear nation, Nigeria. Still, there is a lot to be thankful for. And so, in our special version of ’12 days of Christmas’, we’ll remind you – with the Good... Read More

Featured, Thinking Through

economy, mmm, recession, YNaija’s 12 days of Christmas

December 23, 2016

Opinion: What CBN can learn from MMM

by Enobong Udoh Paper money or fiat currency is still the greatest innovation conceived by man. Imagine Nigeria being some type of human zoo of sorts that still trades by barter. If we import loads of Apple’s iPhone 7, how many truckloads of cattle will northern Nigeria exchange or barrels of oil will southern Nigeria... Read More

Opinion

bitcoin, CBN, economy, Kachikwu, mmm, nigeria, Ponzi Schemes, recession

December 22, 2016

Opinion: How realistic is Buhari’s 2017 budget estimates?

by Jide Ojo On December 14, 2016, President Muhammadu Buhari presented financial estimates of N7.3tn to the National Assembly. The financial plan was labelled as the Budget of Recovery and Growth. It is based on a benchmark crude oil price of US$42.5 per barrel; an oil production estimate of 2.2 million barrels per day; and... Read More

Opinion

2017 budget, Buhari, Development Bank of Nigeria, economy, nigeria, recession

December 22, 2016

Olusegun Adeniyi: Christmas in a time of recession

by Olusegun Adeniyi That most Nigerians are going through one of the most depressing periods of their lives is to put the situation mildly. Indeed, there are perhaps only a few people in our country today not affected by the economy and the seeming hopelessness that pervades the land. What compounds the problem is that there... Read More

Opinion

christmas, economy, Love, nigeria, Olusegun Adeniyi, recession, Selflessness

December 21, 2016

The YNaija Tracklist: Recession would last longer than expected – Peter Obi | 47 career ambassadors assigned portfolios | More stories

From the papers this morning – a Tracklist. Activities of EFCC, ICPC may destroy Buhari’s fight against corruption – Clark – YNaija Rivers rerun: INEC sets up panel to investigate leaked audio tape – YNaija Recession would last longer than expected – Peter Obi – YNaija Customs seize 102 bags of plastic rice in Lagos... Read More

Featured

EFCC, recession, Rivers rerun, The YNaija Tracklist

December 21, 2016

Recession would last longer than expected – Peter Obi

Former governor of Abia State, Peter Obi on Tuesday said the economic recession in the country will not end sooner than Nigerians expected. Obi spoke at the Nnamdi Azikiwe University, Awka, Anambra State, while inaugurating a building donated to the radio station of the Department of Mass Communication. The former governor said a critical analysis... Read More

The News Blog

2017, peter obi, recession

December 19, 2016

Economic recession will fade in 2017 – Buhari

President Muhammadu Buhari has expressed optimism that the current economic recession will recede in 2017. Buhari made the remark on Monday in Abuja while declaring open an induction course organised by the Ministry of Foreign Affairs for Nigerian Career Ambassadors-designate who were recently cleared by the Senate. He warned the ambassadors that they would be... Read More

The News Blog

Ambassadors-designate, Femi Adesina, President Muhammadu Buhari, recession

December 17, 2016

The Thread: “Poverty is a bastard” | Our top 10 tweets from Zahra Buhari’s wedding

When the daughter of a sitting president is getting married to a millionaire, no expense is spared, they pull out all the stops. This pictures from a proud Mrs Buhari’s Twitter handle showcases the splendour of the Zahra Buhari’s wedding to Indimi. Here are our top 10 reactions from Twitter: https://twitter.com/aishambuhari/status/810191750354571264 Are we going to... Read More

Aisha buhari, economy, indimi, nigeria, recession, Weddings, Zahra Buhari

December 17, 2016

INVESTIGATION: MMM, the ponzi scheme that saved a thousand lives, then killed a thousand more

by Festus Iyorah Charles Ibekwe (not real name) has lost everything: his school fees, his pocket money and the hope of getting money from his mother. When the 20-year-old, second-year Combine Arts student of University of Nigeria first heard of the MMM (MavrodiMondial Moneybox) Ponzi scheme from his roommate he dubbed it a scam, refusing... Read More

Featured, Thinking Through

economy, Freeze, January, Kenya, MavrodiMondial Moneybox, mmm, nigeria, Ponzi Scheme, recession, University of Nigeria, UNN

December 16, 2016

[The Presidential Blog] This is why we won’t cut Mr. Buhari any slack

When people blame us for being too hard on the current administration and admonish us to chill a little … I just wish everyone can at least cut @MBuhari some slack and allow the #2017Budget be implemented first, let's be positive please. — Arc. Kehinde Ajayi (@kenosb) December 14, 2016 We wonder if they don’t... Read More

The Presidential Blog

2017 budget, budget, Buhari, recession, Twitter NG

December 15, 2016

Recession: Governors promise to reduce flamboyant lifestyle

The Nigerian Governors Forum (NGF) has resolved to make some sacrifices as the country continues to battle recession, Daily Trust reports. Kaduna Governor, Nasir El-Rufai stated this on Thursday while speaking with State House correspondents after the National Economic Council (NEC). “We should lower our outlook in terms of dressing, excessive travels, convoys. If you observe, private jet... Read More

The News Blog

economy, Flamboyant lifestyle, Nasir el-Rufai, NEC, NGF, recession

December 14, 2016

The Thread: MMM has not crashed; it has gone on midterm break

All through yesterday, and now into today, MMM has been trending. With good reason. Yesterday, MMM operators announced a suspension of its activities till the new year. Those who have their monies tied up in the scheme pretty much have their heart in their mouths. And folks on Twitter have a lot to say; heck,... Read More

bants, economy, mmm, nigeria, Ponzi Schemes, recession

December 13, 2016

Nigeria will come out of recession in 2017 – SGF

The Federal Government on Tuesday assured that Nigeria will come out of recession in 2017. According to a statement by the Director of Press and Public Relations in the Office of the SGF, Bolaji Adebiyi, the Secretary to the Government of the Federation, Babachir David Lawal, expressed this optimism when he received a delegation from the Methodist Church of... Read More

The News Blog

2017, Babachir David Lawal, recession, Secretary to the Government of the Federation, SGF

December 13, 2016

The Thread: MMM | “Nigeria will remain fertile ground for any ponzi scheme”

MMM is among the top Nigerian trends today, and that is because the company announced the suspension of its operations for a month. There have been different types of reactions to that announcement. Some persons reckon that greed has finally caught up with the participants. @Chxta has some perspective to share. Please see below: 1/... Read More

economy, mmm, MMM crash, Ponzi Schemes, recession

December 13, 2016

The Thread: MMM- the crash that was a long time coming

It’s no news that MMM has gone on a month-long freeze. This suspension carries tell-tale signs of foreboding, if not in the moment, then in the long run. In matters such as these, there are a)mockers- those who reckon this is a perfect I told you so opportunity; there are foretellers, and those appealing sensitivity... Read More

economy, mmm, MMM freeze, nigeria, Ponzi Schemes, recession

December 12, 2016

2017 budget will bring Nigeria out of recession – Buhari

President Muhammadu Buhari has assured Nigerians that the 2017 budget which will be presented before the National Assembly on Wednesday will bring the nation out of the current economic crisis. Buhari said this on Sunday in his Eid-el-Maulud message to the nation. The statement read, “Again the calendar of life has brought us into another... Read More

The News Blog

2017 budget, economic crisis, Eid el Maulud, President Muhammadu Buhari, recession

December 11, 2016

[The Presidential Blog] The Maiduguri blast can’t be the final blow to this administration, or is it?

To say that there is a general feeling of discontent in Nigeria with the Federal Government will be an understatement. Nigerians are literally floating; living one day after the next and barely surviving on scarce good news. Optimism is waning. The goodwill that brought in a Buhari and President is out of supply. Barely two... Read More

The Presidential Blog

boko haram, Buhari, Change, recession, the Presidential Blog

December 10, 2016

Farooq Kperogi: Dangerous fine print in Emir Sanusi’s prescriptions for Buhari

by Farooq Kperogi Emir Muhammad Sanusi II’s well-publicized December 2, 2016, public lecture on the Nigerian economy has divided Nigerians into two broad camps. In one camp you have the unreasoning, knee-jerk Buhari apologists who can’t brook the slightest criticism of their idol. This camp lashed out—and are still lashing out— at the emir for... Read More

Buhari, Economic policies, IMF, nigeria, recession, sanusi

December 9, 2016

Opinion: A case for the devolution of power to Nigeria’s federating units

by Ugochukwu Amasike Recently a bill seeking to grant states control over mineral resources within their domain passed the second reading in the House of Representatives. The bill titled “A Bill for an Act to alter the Constitution of the Federal Republic of Nigeria, 1999, to vest the control of the revenues derived from minerals,... Read More

1963 Republican Constitution, 1999 Constitution, federation, nigeria, recession

December 6, 2016

Is this what Buhari’s ‘change’ looks like after one year?

We will just leave this here and scurry off. https://twitter.com/PRINCE_VIII/status/804799411784126473 Mum’s the word.

Buhari, Change, economy, nigeria, recession, transformation

December 6, 2016

‘Recession may soon force Buhari to invest in MMM’

Nigerian comedian, I Go Save has said President Muhammadu Buhari may soon join others Nigerians who are investing inponzi scheme, MMM. While speaking with Hip TV, the comedian said the recession being experienced in the country may force the President to invest in MMM. He said, “With the way this country is going, if care... Read More

The News Blog

I go save, Invest, mmm, President Muhammadu Buhari, recession

December 4, 2016

Opinion: Economic mismanagement and a bag of rice

by Undung Pam Much as I appreciate what the media has done by publicising the speech delivered by Dr Oby Ezekwesili at the Inaugural Business Lecture of the Lagos Country Club, I am still not quite certain about what that speech hoped to achieve. You see, Dr Ezekwesili did a fine job of detailing the... Read More

Dr Ezekwesili, Economic mismanagement, jonathan, nigeria, opinion, recession

December 3, 2016

Ezinne Ajoku: Family is everything [NEW VOICES]

by Ezinne Ajoku A colleague lost his father recently and it got me thinking about family, death, relationships, the whole morbid enchilada. I recalled that day in February when my parents called me to inform me of a dear Uncle’s death. I was devastated. I could not believe it. I had seen him a few... Read More

Featured

economy, Ezinne Ajoku, FAMILY, New Voices, nigeria, recession

December 2, 2016

Opinion: But really, who do they think they are?

by Lamide Akintobi It is a thing of rage not to be able to be at peace with what your tomorrow will bring. It is a thing of sheer frustration to live in a place where hardships come quick and fast, like a series of storms, ceasing briefly, only to come again when you’re just... Read More

africa, apathy, Buhari, Federal Government, nigeria, recession, suffering

December 2, 2016

Femi Fani-Kayode: Behold he comes

by Femi Fani-Kayode There is a deep rage in me that rises by the day. When I hear the voices of the voiceless and I see the suffering of the despised and the oppressed in our land it wounds my soul. When I hear the cries of the poor and those that have been reduced... Read More

Buhari, Civil liberty, economy, Femi Fani-Kayode, hunger, nigeria, recession, religious intolerance, society

December 1, 2016

Corruption to blame for recession – Magu

Acting Chairman of the Economic and Financial Crimes Commission (EFCC) ,Ibrahim Magu has said that there is a nexus between corruption and economic recession. Magu who was speaking on Thursday, December 1, 2016, when he visited the Naval Headquarters in Abuja on a courtesy call said the recession prevalent in Nigeria today was as a... Read More

The News Blog

corruption, EFCC, ibrahim magu, recession, Vice Admiral Ibok-Ete Ekwe Ibas

We have your receipts: Dear Garba Shehu, we are still in recession

Nigerians are happy despite recession – Oyegun

Pastor Adeboye predicts an end to Nigeria’s economic recession in 2017

Reuben Abati: The morning after Christmas

YNaija’s 12 days of Christmas – The ponzi scheme that saved thousands

Opinion: What CBN can learn from MMM

Opinion: How realistic is Buhari’s 2017 budget estimates?

Olusegun Adeniyi: Christmas in a time of recession

The YNaija Tracklist: Recession would last longer than expected – Peter Obi | 47 career ambassadors assigned portfolios | More stories

Recession would last longer than expected – Peter Obi

Economic recession will fade in 2017 – Buhari

The Thread: “Poverty is a bastard” | Our top 10 tweets from Zahra Buhari’s wedding

INVESTIGATION: MMM, the ponzi scheme that saved a thousand lives, then killed a thousand more

[The Presidential Blog] This is why we won’t cut Mr. Buhari any slack

Recession: Governors promise to reduce flamboyant lifestyle

The Thread: MMM has not crashed; it has gone on midterm break

Nigeria will come out of recession in 2017 – SGF

The Thread: MMM | “Nigeria will remain fertile ground for any ponzi scheme”

The Thread: MMM- the crash that was a long time coming

2017 budget will bring Nigeria out of recession – Buhari

[The Presidential Blog] The Maiduguri blast can’t be the final blow to this administration, or is it?

Farooq Kperogi: Dangerous fine print in Emir Sanusi’s prescriptions for Buhari

Opinion: A case for the devolution of power to Nigeria’s federating units

Is this what Buhari’s ‘change’ looks like after one year?

‘Recession may soon force Buhari to invest in MMM’

Opinion: Economic mismanagement and a bag of rice

Ezinne Ajoku: Family is everything [NEW VOICES]

Opinion: But really, who do they think they are?

Femi Fani-Kayode: Behold he comes

Corruption to blame for recession – Magu

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