Tag:recession

Nigeria risks 3rd recession, NACCIMA warns FG

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Federal Government to urgently implement policies to prevent...

Nigeria exits recession

Nigeria’s economy grew by 0.11 percent in the fourth of 2020 to force the country out of recession. This comes after two consecutive quarters of...

Inflation hits highest rate since 2017

The consumer price index which measures inflation increased by 16.47 per cent (year-on-year) in January 2021. This is the highest figure recorded in the country...

Despite recession, Buhari to spend highest amount to run presidential villa

President Muhammadu Buhari's administration has allocated the highest amount ever to run the State House including the ‘presidential wing’ of a hospital the president...

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Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some...
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Oye: Nigeria’s Trade Single Window Could Attract $3bn Logistics Investment, Save $18m Annually  

Nigeria could unlock up to $3 billion in logistics investment and generate about $18 million in annual efficiency savings...

What Happened at Aso Rock as Tinubu’s IGP Kayode Egbetokun Resigns

The Presidency has confirmed the resignation of Kayode Egbetokun as Inspector General of Police, citing what officials described as...

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Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended...