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Recession

The Minister of Finance, Budget and National Planning, ZAINAB AHMED says the recession afflicting the Nigerian economy would be short-lived. AHMED said this at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, and National Planning. AHMED also said the country would emerge from […]

National Bureau of Statistics (NBS) says the nation’s economy has formally entered into recession as the Gross Domestic Product (GDP) contracted for the second consecutive quarter by 3.62 per cent in the third quarter of 2020. The National Bureau of Statistics, NBS, in its GDP report for third quarter of 2020 said the nation recorded […]