Tag: Recession

Finally, Nigeria Exits Recession with 0.51% Growth Rate

AMT Tanimu- May 24, 2021

In spite of several challenges caused by low oil prices and the second wave of the Covid-19 pandemic, Nigeria’s economy is finally out of the ... Read More

Recession: Financial expert seeks aggressive implementation of ESP

Abdul Jimoh- November 21, 2020

Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability ... Read More

Recession exit: FG commends farmers, urges reduction in food prices

Arowobusoye Samuel- September 8, 2017

The Federal Government has commended farmers across the country for their contribution toward exiting the country from recession. The News Agency of Nigeria recalls that ... Read More

Recession Exit: Standard of Living to improve – Lai Mohammed

Arowobusoye Samuel- September 8, 2017

Minister of Information and Culture, Alhaji Lai Mohammed, has assured that standard of living of Nigerians will improve as the country exited recession. The Minister ... Read More

Recession: Senate Welcomes Improvement In Nation’s Economy

Henry Solomon- September 5, 2017

The Eighth Senate, on Tuesday, applauded the report by the National Bureau of Statistics (NBS) that showed Nigeria’s economy finally staging a comeback. In a ... Read More

Recession: CBN Hosts ‘Tweet-Meet’ To Engage Stakeholders on The Economy

AMT Tanimu- May 23, 2017

The Central Bank of Nigeria will be convening a Tweet-Meet on the economy on Thursday, May 25th, 2017 to engage opinion shapers and stakeholders on ... Read More

Nigeria’s Inflation Decline, FG Counts Successes

Arowobusoye Samuel- May 18, 2017

Nigeria's April Inflation Data is due out on Tuesday May 16, 2017 (Source: NBS) Local rice production in Nigeria has almost tripled, since 2015. Imports ... Read More

Nigeria Is Getting Out Of Recession, Mohammed

Abdul Jimoh- April 29, 2017

Lai Mohammed, Nigeria's Minister of Information and Culture Minister of Information and Culture, Alhaji Lai Mohammed, said on Saturday that  Nigeria was gradually moving out ... Read More

Happy Days Creeping In As Inflation Rate Drops

Henry Solomon- March 14, 2017

Happy days are creeping into Nigeria once again as  inflation rate bucked the trend in February to fall to 17.78 percent. It is the lowest ... Read More

President Buhari Inherited Bad Economy, Soludo Says

Henry Solomon- March 11, 2017

Professor Charles Soludo, a former Governor of the Central Bank of Nigeria (CBN), has said that the present government inherited a bad economy. “To be ... Read More

Expect Changes in Nation’s Port, Business Visas, Others Soon – Osinbajo

Arowobusoye Samuel- February 22, 2017

*FG adopts 60-day national action plan on ease of doing business *Acting President Osinbajo joined by Saraki, Dogara, at 6th PEBEC meeting at Presidential Villa ... Read More

Budget Support Facility To States: FG Begins Verification

Henry Solomon- February 16, 2017

As the Federal Government continues its monthly Budget Support Facility to the States, a verification process to ensure that benefiting State governments comply with the ... Read More

News Summary 16/02/2017 Acting President Inspects Projects In Imo

Abdul Jimoh- February 16, 2017

Ag. President, Prof. Yemi Osinbajo On Inspection Of Projects Acting President Inspects Projects In Imo The presidency has directed all contractors handling projects which are ... Read More

APC Commends Police Over Protests

Abdul Jimoh- February 9, 2017

Mallam Bolaji Abdullahi, Abuja; The All Progressives Congress (APC) commends the exemplary conduct and professionalism displayed by security and allied agencies, particularly the Nigeria Police ... Read More

Our Plans to Take Nigeria Out of Recession – Senate President

AMT Tanimu- February 9, 2017

Chuks Okocha, Abuja: Senate President, Dr. Abubakar Bukola Saraki yesterday told the visiting European Union (EU) delegation that the National Assembly was working on some ... Read More

Economic Recession Will Ebb In 2017 – President Buhari

AMT Tanimu- December 19, 2016

Femi Adesina, Abuja: President Muhammadu Buhari has expressed optimism that the current economic recession will ebb in 2017. Speaking Monday, in Abuja while declaring open ... Read More

Recession As Opportunity For Resource Curse – Waziri Adio

AMT Tanimu- December 9, 2016

And, sadly, it came to pass. It is well predicted that most countries blessed with natural resources, even in the best of times, perform worse ... Read More

FG Commends Nigerians For Their Resilience Under Recession

AMT Tanimu- November 23, 2016

Segun Adeyemi, Abuja: The Minister of Information and Culture, Alhaji Lai Mohammed, has commended Nigerians for their resilience despite the tough times occasioned by the ... Read More

NNPC, Niger Dock Pledge Synergy on Local Content

Arowobusoye Samuel- November 16, 2016

As part of concerted efforts to grow local content in the Oil and Gas Industry, the Nigerian National Petroleum Corporation (NNPC) and Niger Dock Plc ... Read More

Nigeria Taking A Major Leap In Infrastructure Development – Presidency

Arowobusoye Samuel- November 16, 2016

Nigeria is taking a giant leap in infrastructure development by speeding up ongoing projects and investing heavily in the construction and repair of highways, railways ... Read More