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Nigeria: Nigerian Economy Is Officially in Recession, Govt Confirms
Premium Times, 31 August 2016
The Nigerian economy is in recession, figures released by the National Bureau of Statistics officially confirmed Wednesday. Read more »
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Nigeria: Nigeria in Recession As Economy Shrinks
Vanguard, 31 August 2016
The Nigerian economy, Wednesday, plunged into recession, as the National Bureau of Statistics, NBS, disclosed that the country's Gross Domestic Product, GDP, in real terms,… Read more »
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Nigeria: Nigeria's Inflation Rate Hit 17.1 Percent in July
Premium Times, 31 August 2016
The National Bureau of Statistics (NBS) says that Consumer Price Index (CPI) has increased to 17.1 per cent in July from 16.5 per cent in June. Read more »
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Nigeria: Economy In Recession - Govt Agency
Vanguard, 31 August 2016
Nigeria's economy has slid into recession after negative growth in the first two quarters of the year, the National Bureau of Statistics (NBS) said Wednesday. Read more »
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Nigeria: Nigeria Reports Recession, Drop in Investment Amid Falling Currency Rates
DW, 31 August 2016
Africa's leading economy, Nigeria, slid into a recession in the second quarter. A drop in investment and oil prices, currency weakness and a hike in inflation are adding to the… Read more »
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Nigeria: Nigeria, South Africa Stare Down Recessions?
VOA, 31 August 2016
Politics and petroleum have brought down Africa’s two biggest economies, South Africa and Nigeria, as both nations look down the barrel of recession. Read more »
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Nigeria: Naira Slides Against the Dollar
Vanguard, 29 August 2016
The Naira entered a slippery decline against the Dollar during trading last week with prices hitting the 360 level on the parallel markets following the persistent supply shortages… Read more »
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Nigeria: Garba Shehu, This Is Definitely Not the Change Buhari Promised!
Vanguard, 24 August 2016
In his recent article titled 'This is the Change', presidential spokesperson, Mallam Garba Shehu embarked on an arduous but unsuccessful task of attempting to justify the economic… Read more »
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Nigeria: Economic Recession - Blame Past Administrations - Sanusi
Vanguard, 24 August 2016
The Emir of Kano, Alhaji Muhammad Sanusi, on Wednesday attributed the current economic recession in the country to inability of the past administrations to diversify the economy. Read more »