Economy recession
CBN uncovers plot to derail its economic development agenda
The Central Bank of Nigeria on Wednesday lamented the mischievous plot of some groups to derail its agenda of catalysing…
Nigeria records positive trade balance in Q2 despite exports falling 29.6% q-on-q
Nigeria recorded a positive trade balance in the second quarter of 2017 despite the value of exports falling 29.6 percent…
Nigeria’s Q2 growth figures not broad-based, seen pointing to pedestrian recovery
A review of Nigeria’s growth figures released Tuesday, according to analysts, has shown that the growth was not broad-based as…
South Africa’s growth figures outpace Nigeria’s as both pulled out of recession in Q2
Nigeria and South Africa, two of Africa's richest countries, are no longer in recession as the economies of both grew…
Farming helps turn around South African economy
South Africa emerged from a recession in the second quarter as agriculture helped the economy expand more than expected, Statistics…
Nigeria’s manufacturing index expansion slows in August as economy comes out of recession
The manufacturing purchasing managers’ index (PMI), an indicator of the economic health of the manufacturing sector, declined marginally to 53.6…
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