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Nigeria: What to Know About Recession and How It Affects You
Premium Times, 21 November 2020
At a time of economic difficulties, the Nigerian government has imposed an array of high taxes and charges on citizens. Read more »
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Nigeria: Again, Economy Slides Into Recession, Second in Five Years
This Day, 22 November 2020
Analysts yesterday reacted to the news that Nigeria had officially entered another recession by urging the federal government to increase spending and encourage private sector… Read more »
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Nigeria: Country Enters Recession As Economy Shrinks Again
Premium Times, 21 November 2020
It is the nation's second recession since 2016, and the worst economic decline in almost four decades. Read more »
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Nigeria: Hard Times As Nigeria Enters Recession Again
Daily Trust, 22 November 2020
The soaring cost of food items and other necessities have further worsened the predicaments of Nigerians as the economy slumped into another round of recession, Daily Trust on… Read more »
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Nigeria: How Nigeria Can Exit Second Recession - Atiku
This Day, 22 November 2020
The former vice president and the presidential candidate of the PDP in the last general election, Atiku Abubakar Sunday prescribed how Nigeria can exit its second recession Read more »
Nigeria Slips Back into Recession as Covid-19 Bites
The soaring cost of food and other necessities has impacted Nigerians as the economy slumps into recession. Measures taken to deal with the novel coronavirus have crippled economic activity. In addition, a slump in global oil prices has affected Nigeria, which depends on oil revenue. The country is in recession for the second time since 2016, and is experiencing the worst economic decline in almost four decades.
InFocus
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The country's economy has declined due to a crash in oil prices as global fallout from Covid-19 hit output - and due to the slowdown in economic activity caused by a lockdown ... Read more »
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The government's coffers have been heavily impacted after crude prices plunged in the wake of the novel coronavirus pandemic. The government has said that the country needs to ... Read more »
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Nigeria's inflation rate has climbed to a 30-month high, to 14.23% in October, according to the latest figures by the National Bureau of Statistics. The country's inflation ... Read more »
