NIGERIA WILL BE OUT OF RECESSION BY 2020 – NATIONAL PLANNING MINISTER

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, yesterday, declared that Nigeria will finally get out of recession in 2020. The minister, while speaking during a Strategic Retreat organised by the Nigerian Institute of Social and Economic Research (NISER), Ibadan at the Training and Conference Centre, Ogere, Ogun State, said it was […]

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ECONOMIC RECESSION: Buhari has made 4.58million Nigerians jobless – NBS report

The Nigerian Bureau of Statistics (NBS) says the total number of Nigerians who became unemployed within the first and second quarter of 2016 now stands at 2.6 million. According to the bureau, about 1.46 million Nigerians became unemployed in the third quarter of 2015, while another 518,102 became unemployed in the fourth quarter of 2015. […]

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Nigeria will be technically out of recession by December – Standard Chartered Bank

Standard Chartered Global Research, an arm of Standard Chartered Bank, shows that Nigeria, the second largest economy in Africa, would have grown by 1.6 percent by the end of 2016. In its adjusted gross domestic product (GDP) forecast for 2016, Standard Chartered showed that Nigeria’s economy will grow at a faster pace than South Africa, […]

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