Recession. Photo: Yucatan Times National Bureau of Statistics (NBS) said that the nation’s economy has formally entered into recession as the Gross Domestic Product (GDP) contracted for the second consecutive
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The federal government on Thursday warned of recession in Nigeria. Minister of Finance, Zainab Ahmed, said this would happen unless Nigeria achieves a very strong third quarter 2020 economic performance.
Spain plunged into recession in the second quarter after its gross domestic product tumbled by 18.5 per cent due to the coronavirus pandemic, official figures showed on Friday. Spain which
The World Bank has warned the present administration that the number of Nigerians living in extreme poverty may increase by more than 30 million by 2030. The Bank warned that
Governor Abubakar Bello of Niger State on Sunday warned that things may be tougher in the state. Bello called for structural adjustment in governance to boost economic growth and development
A former Minister of Education, Oby Ezekwesili, has given reasons Nigeria is faced with a deep economic crisis. Ezekwesili, a staunch critic of the present administration blamed President Muhammadu Buhari
