Saturday, 26th November 2022
Breaking News:


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.
25 Jul
The business climate in Germany worsened "significantly" in July, according to a key survey published Monday, as an energy crisis pushed Europe's largest economy closer to a recession this year.
4 Jul
Markets swung Monday as traders fret over a possible recession caused by central bank interest rate hikes aimed at fighting soaring inflation.
29 Jun
Asian and European stock markets mostly nursed losses Wednesday on resurgent fear that sharp interest rate hikes, aimed at tackling runaway inflation, could spark a recession, dealers said.
24 Jun
The euro retreated against the dollar Thursday as economic data pointed to increased prospects of a recession in Europe, while Wall Street stocks finished higher following another volatile session. US stocks overcame a midday sag as Federal Reserve Chair Jerome Powell, in a second day of testimony on Capitol Hill, downplayed the idea that government…
31 Jan
The eurozone economy posted robust growth last year, official data showed Monday, but fallout from the Omicron variant and an energy crunch have raised doubts about the bloc's ability to sustain the pace.
2 Dec 2021
Brazil's economy, the largest in Latin America, slid into recession in the third quarter of the year as agricultural production dropped, the government said Thursday.
5 Oct 2021
US Treasury Secretary Janet Yellen warned Tuesday that a US debt default could trigger another recession, as an October 18 deadline approaches.
28 Sep 2021
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.
27 Jun 2021
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


2 mins ago
Eden Hazard admitted Saturday that Belgium's best chance to win the World Cup had come and gone but said they still have the quality and experience to lift the trophy in Qatar. Belgium, who finished third at the tournament in Russia in 2018, are still ranked second in the world but many of the much-vaunted…
39 mins ago
US authorities announced a ban Friday on the import or sale of communications equipment deemed "an unacceptable risk to national security" -- including gear from Chinese giants Huawei Technologies and ZTE. Both firms have been on a roster of companies listed as a threat by the Federal Communications Commission (FCC), and the new rules bar…
43 mins ago
Following the adoption of the national framework for the operation and domestication of Human Capital Development (HCD) across the country, the Lagos State Government along with the Governments of the six southwestern states has committed to investing in people through knowledge and skills acquisition. At a 2-day HCD Southwest Regional Conference with the theme: “From…
51 mins ago
Thirteen people were missing on Saturday after heavy rains caused a landslide on the Italian island of Ischia, media reports said.
1 hour ago
The Asiwaju campaign team in the southeast has faulted the dismissed former Secretary of the Federation, Mr. Babachir Lawal from Adamawa state for insinuating that the All Progressives Congress (APC) Presidential candidate, Bola Ahmed Tinubu will not get votes from southeastern Nigeria. The campaign team said that Babachair would have been no further from hallucination…