Recession

Breaking: Nigeria Surprisingly Exit Recession

February 18, 2021 Gistlover Stella 0

Breaking: Nigeria Surprisingly Exit Recession. The Nigeria’s economy has unexpectedly and surprisingly exited recession in the fourth quarter of 2020. In a statement on Thursday, the National Bureau of Statistics (NBS) said the economy grew

Nigeria’s President, Muhammadu Buhari has come to say that Nigeria is a country that is very difficult to govern. The septuagenarian lamented that no matter how hard he tries, some people would still find faults in his government. Adding that as a leader, he has to accept the challenges of leadership and learn to live by them. The president made this known while fielding questions from reporters after receiving some of his aides and close friends who visited him at the presidential villa in Abuja in commemoration of his 77th birthday. “I think I come to accept the realities of leadership in Nigeria, you can only try, it is a terrific country, no matter what you do, there are people on daily basis that look for your faults and go to the press, so you have to learn to live by that,” he said.

Nigeria’s Recession Could Last Up To 2023, World Bank Reveals

December 11, 2020 Gistlover Stella 0

Nigeria’s Recession Could Last Up To 2023, World Bank Reveals. Nigeria is facing a serious recession currently, one of the worst in decades. World Bank noted, this recession might last for three years and the

ECONOMY: NLC Attacks FG, Reveals Cause of Second Recession

November 27, 2020 Gistlover Stella 0

ECONOMY: NLC Attacks FG, Reveals Cause of Second Recession. The Nigeria Labor Congress (NLC) has faulted the Muhammadu Buhari-led government social intervention programs and misappropriation of foreign loans, accusing it for the recent recession suffered

Recession: FG Removes Minimum Wage Earners from Tax

November 24, 2020 Gistlover Stella 0

Recession: FG Removes Minimum Wage Earners from Tax In the quest to minimise the impact of inflation on Nigerians, the Buhari-led administration has through the 2020 Finance Bill, proposing the exemption of minimum wage earners

Nigeria Is the Fastest Growing Economy in Africa despite Recession – UK Trade

November 22, 2020 Gistlover Stella 0

Nigeria Is the Fastest Growing Economy in Africa despite Recession – UK Trade Helen Grant, The United Kingdom Trade Envoy to Nigeria on Saturday said that Nigeria was the fastest growing economy in Africa. Ms

Recession: Nigeria’s Economy Slides into Worst Recession Since 1987

November 21, 2020 Gist Lovers 0

Nigeria’s economy has slid into its worst economic recession since 1987 The National Bureau of Statistics on Saturday, November 21, released its Gross domestic product (GDP) numbers, indicates the nation recorded a contraction of 3.62