At UACHD youth seminar, Utomi, Soludo, others give tips for overcoming recession
Addressing the gathering, former CBN Governor Prof. Chukwuma Charles Solundo said disruptive change is permanent feature of life, including nations, adding that recession will soon end but the scars will endure.
Weak corporate governance can undermine financial stability, says Emefiele
Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said weak corporate governance can undermine financial stability by heightening vulnerability of financial institutions to external shocks.
Exit from recession: Matters arising
Although President Muhammadu Buhari expressed happiness over the positive GDP growth rate of 0.55 per cent recorded in the second quarter of 2017 after negative growth rates in the preceding five quarters, he yearned for a meaningful economic improvement in the lives of Nigerians.
Food prices fall in Asaba
Mrs Angela Okonta, a food dealer, told NAN that a sac of garri which was previously sold for N20,000 now sold for 17,000. According to her, a bushel of garri which was sold for N1,000 in June now went for N700.
Nigeria must feed itself, says Buhari
The president stressed that with Nigeria exiting recession, the country has become a safe haven for investors. He said the establishment of the company was a testimony that the country’s agricultural policies were working.
FG strategises to check slipping back into recession
Vice President Yemi Osinbajo has announced initiatives to bolster spending in all tiers of the Nigerian economy as part of measures to boost growth and check the economy from sliding into another round of recession.
Slight growth lifts South Africa out of recession
South Africa has exited its first recession in eight years after the economy recorded 2.5 percent growth in the second quarter, official statistics released Tuesday showed.
Nigeria exits recession as economy grows 0.6% in Q2
Nigeria has exited its worst economic recession in more than two decades, notching up growth of 0.55 percent in the second quarter of 2017, the National Bureau of Statistics (NBS) said Tuesday.