Recession
IMF wants governments to take precautionary actions against recession
By Cynthia Ezekwe Considering the ripple effects of the ongoing Russia- Ukraine conflict on the global economy, and the stifling…
Watchdog slashes UK 2023 growth forecast, says economy in recession
By Business AM The Office for Budget Responsibility (OBR), a fiscal watchdog in the United Kingdom…
Recession-prone Nigeria’s economy to decline by 5.4% –IMF
Amid the lull in the global economy occasioned by the Coronavirus pandemic, the International Monetary Fund has reversed Nigeria's Nigeria’s…
COVID-19: Africa to enter recession with 5% growth, World Bank predicts
The COVID-19 pandemic will drive Sub-Saharan Africa into recession with -5% growth, this year, the World Bank has predicted. It…
UK may be entering a full-blown recession, budget watchdog says
Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country’s budget deficit next…
Nigeria economy sustains positive growth since emergence from recession in Q2 2017
Nigeria economy has maintained positive growth since its emergence from recession in Q2 2017, according to the data released by the…
Nigerian trawlers bet on waterways with N18bn vessels despite economic, security challenges
The Nigeria Trawler Owners Association (NITOA) said it acquired a total of 18 vessels in the last one year at…
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