recession

Edo State Governor, Godwin Obaseki has expressed that Nigeria is facing a huge financial trouble. Giving reason for his statement, Obaseki revealed that the federal government printed N60 billion as part of federal allocation for March.…

President Muhammadu Buhari has blamed the country's current state of recession on the COVID-19 pandemic. He said this on Monday in Abuja, while declaring open the 26th Nigerian Economic Summit with the theme: “Building Partnerships for…

Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the current recession, which the Nigerian economy recently slid into, will be short-lived. Over the weekend, Nigeria slid into its worst economic recession in…

President Muhammadu Buhari has said the country is heading for another recession, the second one in four years. He made this known on Thursday, October 8, while presenting the 2021 budget to the National Assembly for approval. Read…

United Kingdom has plunged into its deepest recession on record in the first half of the year as the coronavirus lockdown saw the economy contract by more than a fifth between April and June. A recession is defined as two successive…

From businesses giving gifts to customers and staff, to families and friends exchanging gifts, December is a time of huge purchases in Nigeria. Food items, drinks, hampers and clothing are some of the most largely purchased items during…