Saturday, 1st October 2022
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Recession

1 day ago
Britain's economy grew in the second quarter and did not shrink as previously thought, data showed Friday, easing recession fears amid ongoing turmoil over the government's tax-slashing budget.
4 days ago
The World Trade Organization's chief said Tuesday she believes the world is heading towards a global recession due to multiple colliding crises and called for radical policies to revive growth.
26 Sep
The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.
23 Sep
The UK's new government on Friday unveils multi-billion-pound measures aimed at supporting households and businesses hit by the highest inflation in decades.
22 Sep
The Bank of England hiked its interest rate again on Thursday to combat soaring inflation as it warned that the UK's economy had already slipped into recession.
19 Sep
The German central bank said Monday it was increasingly likely that Europe's largest economy would shrink for a "prolonged" period as Russia throttled energy supplies to the continent.
19 Sep
Following the economy’s poor performance in the last few years, Nigeria’s housing market has lurched into recession, with professionals and property developers seeking review of major drivers of the sector.
12 Sep
Germany will fall into recession next year, a leading think-tank warned Monday, with Europe's biggest economy facing soaring inflation as Russia slashes energy supplies.
7 Sep
The threat of recession is rising in Europe, a top EU official warned on Wednesday, as skyrocketing energy prices caused by Russia's invasion of Ukraine punish the economy.
22 Aug
This year was supposed to confirm the world economy's comeback from the Covid pandemic crisis. Instead, the six-month-old war in Ukraine has sparked fears of recession.
12 Aug
Britain's economy shrank in the second quarter, official data showed Friday, as the country heads towards recession under a new prime minister.
28 Jul
The US economy contracted for a second straight quarter between April and June, government data showed Thursday, fueling recession fears just months before key midterm elections in a blow for President Joe Biden.

Latest

12 mins ago
The World Bank has announced $530 million in supplemental funding for Ukraine to enable it to "meet urgent needs created by Russia's invasion."
18 mins ago
Ahead of the 2023 poll, the Acting Head of Mission and Country Representative, International Peace Commission of the United Nations, Amb. Hussaini H. Coomassie has rallied the teeming population of youths in the country to participate in the electioneering process.
25 mins ago
Before I founded Flutterwave I worked in different companies and countries, including in South Africa. During one of my stints, I came to learn of a few big South African companies that had expanded to Nigeria and other African countries, but couldn't figure out how to pay their staff easily. There was no product then to make cross-border payments this seamless for them and it so happened that this hampered their expansion and maybe even discouraged further recruitment in Nigeria at the time. 
31 mins ago
The African Union chief Moussa Faki Mahamat Saturday condemned the "unconstitutional change of government" in Burkina Faso after military officers ousted junta leader Paul-Henri Sandaogo Damiba.
46 mins ago
Russia was even more diplomatically isolated Saturday after President Vladimir Putin annexed four Moscow-held areas of Ukraine with Kyiv condemning the move and vowing to retake the territories.