Friday, 29th March 2024
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Recession

5 Mar
The South African economy grew 0.1 percent in the fourth quarter of 2023, narrowly avoiding a recession that could have hurt the ruling ANC ahead of May elections, official figures showed Tuesday.
30 Jan
For long, youths in this country have been going through difficult times as a result of maladministration and neglect by previous administrations.
29 Jan
Sweden's economy shrank by 0.3 percent in 2023 but technically emerged from recession in the last three months of the year, official statistics showed on Monday.
6 Jun 2023
South Africa's economy grew slightly in the first three months of the year, shooing away fears of recession hanging over Africa's most industrialised country, official data showed Tuesday.
4 Jun 2023
There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on Sunday in a bid to prop up prices.
25 May 2023
Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher interest rates curbed demand in Europe's largest economy.

Latest

20 mins ago
About six months after President Bola Tinubu recalled all career and non-career ambassadors in diplomatic missions worldwide, their offices in embassies and consulates have remained vacant.
24 mins ago
Banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said.
28 mins ago
Disconnected Subscribers Identification Module (SIM) cards as a result of unverified National Identification Number (NIN) may hit 50 million from the second phase of the disconnection of unlinked SIMs to NIN exercise, which begins today, March 29.
36 mins ago
Nigeria’s sole surviving club in CAF’s inter-club competitions, Rivers United, are billed to host the first leg of the Confederation Cup final if they qualify for the title game.
37 mins ago
The Central Bank of Nigeria (CBN) has auctioned N1.64 trillion worth of treasury bills.
38 mins ago
Brethren, our immersion in the school of Ramadan is progressing steadily. Yes, the ‘school’ of Ramadan.
38 mins ago
Residents of the Federal Capital Territory (FCT) have blamed the surge in the activities of taxicab robbers, popularly known as ‘one chance’, on the failure to make a success of the Abuja Urban Mass Transport Company (AUMTC), which ran aground, over 400 buses procured in 2005 for mass transit.
38 mins ago
In lieu of the increase in passenger traffic this season, Bi-Courtney Aviation Services Limited (BASL) has assured safety, security, and better customer experience for travellers using the Murtala Muhammed Airport Terminal Two (MMA2) facility in Lagos.
39 mins ago
Amidst several challenges confronting the power sector, including limited access to critical resources, the Minister of Power, Adebayo Adelabu, has unveiled plans to liaise with the Central Bank of Nigeria (CBN)...
40 mins ago
Deputy Speaker, House of Representatives, Benjamin Kalu, has sought an amendment to the Inter-Parliamentary Union (IPU) General Assembly rules to accommodate more emergency items.