A report by Renaissance Capital (Rencap) has singled out Nigeria and Angola, two of Africa’s largest oil producers as two possible economies that may face recession...
The Nigerian economy ended 2019 in what appears to be another major setback, as trade balance posted N579 billion deficit in the fourth quarter of 2019,...
Nigeria may be heading for its second recession in nearly four years after crude oil prices crashed to $30 per barrel in the international market as...
Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala has been appointed as a member of South Africa’s Presidential economic council as the country struggles with recession, a close...
Namibia is in recession after its economy contracted in the final two quarters of last year, dragged down by sectors like construction and retail, the statistics...
A former Deputy Governor of the Central Bank of Nigeria (CBN) Prof. Kingsley Moghalu, has disclosed that the level of political interference in the operations of...
Ahead of the Monetary Policy Committee (MPC) meeting slated for Monday and Tuesday, the International Monetary Fund (IMF) has said for Nigeria to witness strong economic...
By Bukola Ogunyemi On Tuesday, the National Bureau of Statistics gave a lot of Nigerians the news they desperately wished to hear – Nigeria is out...
A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof Moghalu has said that Nigeria is technically recovering from recession and not out of...
Chairman, Toiletries & Cosmetics Manufacturers Group of the Manufacturers Association of Nigeria, Mr. Ikpong Umoh has described the statistics from the National Bureau of Statistics showing...