The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has said that at…
Tag: recession
WTO slashes 2023 global trade forecast as recession looms
The World Trade Organisation (WTO) on Wednesday dramatically lowered its global trade forecast for 2023, as…
Nigeria exits recession with weak economic growth
Nigeria has exited recession as the country’s Gross Domestic product (GDP) grew by a weak…
Nigeria exits recession with weak economic growth
Nigeria has exited recession as the country’s Gross Domestic product (GDP) grew by a weak…
Minister: Recession will be short-lived
The current recession, which the Nigerian economy recently slid into, will be short-lived, the Minister…
Minister: Recession will be short-lived
The current recession, which the Nigerian economy recently slid into, will be short-lived, the Minister…
World Bank says Nigeria faces worst recession in 40 years
The collapse in crude oil prices, coupled with the COVID-19 pandemic, is expected to “plunge…
IMF: Nigeria heading into its worst recession in over 30 years
The International Monetary Fund (IMF) has projected that Nigeria’s economy will recede by 3.4% in…
IMF warns of severe recession in 2020 due to coronavirus
The International Monetary Fund is warning that 2020 could see a severe recession “at least…
Ban on 41 items eased Nigeria out of recession – Emefiele
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said the restriction of forex…