US Treasury Secretary Janet Yellen warned Tuesday that a US debt default could trigger another recession, as an October 18 deadline approaches.
For Nigeria to withstand economic distortions, stakeholders have advised that it must take critical lessons from the global recessions especially, from the recent COVID-19 pandemic induced recession.
Osita Okechukwu, the Director-General of Voice of Nigeria (VON), is a chieftain of governing All Progressives Congress (APC). In this interview with LEO SOBECHI
Hong Kong's economy jumped back into growth in the first quarter of the year, official figures showed Monday, ending the city's most pronounced period of recession in its modern history.
US markets were hit by a bout of profit-taking on Friday, while in Europe investors largely shrugged off data confirming the eurozone is back in recession.
Notwithstanding the cheering news of Nigeria’s early exit from recession, experts said its impacts on real estate is still dismal as the industry continues to struggle
India's economy grew 0.4 percent year-on-year in the final quarter of 2020, official data showed Friday, ending its first recession since independence as easing coronavirus restrictions sparked a modest recovery.
The Minister of Information and Culture, Alhaji Lai Mohammed, says Nigeria did not exit the latest recession by accident, but with “hardwork, foresight and deliberate planning by government.”
The Federal Government (FG) has said that the Nigerian economy is out of recession with 0.11 per cent Gross Domestic Product (GDP) recorded in the last quarter of 2020.
By Nigeria must change her relationship with prosperity. Wealth is everywhere you look: Japan that knows neither Jesus nor Mohammed; as well as South Korea, is in everlasting riches though she only knows the Buddha.
31 Dec 2020
It is no news that many economies including Nigeria are currently in recession. In reality, the year 2020 has been eventful, chiefly with the novel Coronavirus (COVID-19).