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Recession

3 May 2021
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.
30 Apr 2021
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.
1 Mar 2021
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
26 Feb 2021
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.
20 Feb 2021
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.”
18 Feb 2021
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.
29 Jan 2021
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).
22 Dec 2020
News about Nigeria sliding into another recession after its gross domestic product (GDP) contracted to 3.6 per cent for the second consecutive quarter has sent shock waves to the managers of the economy.
21 Dec 2020
The recession into which Nigeria has entered – the third in its history since independence in 1960, did not really come as a surprise to many watchers of the direction of the economy.
7 Dec 2020
Private sector operators, economists and development finance executives have warned that failure to reform the financial system and provide proper incentives to finance production could result in a prolonged recession.
2 Dec 2020
When, a couple of weeks previously, our monetary authorities formally announced the onset of yet another cycle of recession, the rest of the country reacted as though “recession”

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