Recession

Households cut spending as UK economy slips into recession

Official figures from the Office for National Statistics (ONS) have revealed that the UK has slipped into a technical recession after the economy...

US slips towards recession, JP Morgan Chase boss warns

The US economy is sliding into recession in the next six to nine months,JP Morgan Chase chief executive Jamie Dimon said. “These are very,...

Risk of recession is rising says IMF boss Kristalina Georgieva

The International Monetary Fund (IMF) managing director Kristalina Georgieva has warned of rising recession risks as the lender downgrades its growth forecast for next year...

FG’s diversification of economy facilitates Nigeria’s exit from recession — Ahmed

    The Federal Government said on Wednesday that Nigeria’s exiting recession was an indication that its diversification of the economy was yielding...

Nigeria’s exit from recession excites Osinbajo, says facilitated by FG’s Economic Sustainability Plan

  Excited by Nigeria’s economy’s prompt exit from recession, the Vice-President, Prof. Yemi Osinbajo (SAN) has hinged on the success of the ongoing...

There is a looming recession risk in 2020, Yari warns

Chairman of Nigeria Governors Forum (NGF) and Governor of Zamfara State, Abdulaziz Yari, has warned  that Nigeria could be heading into another round...

Minister Warns Against Politicizing Nigeria’s Exit From Recession

The Minister of Information and Culture, Alhaji Lai Mohammed, has warned against the politicization of the country’s recent emergence from recession. The Minister,...

Nigeria’s Creditworthiness Stabilizing- UBS

….Creditworthiness improved by higher commodity prices and stronger economic outlook UBS Wealth Management’s Chief Investment Office (CIO) said Monday it now has a...