Business Hilights

Tracking Nigeria's Headline Business News Online

recession exit

Recession exit squeezes currency in circulation to N1.77tn as against N22.54tn YOY

Monetary statistics accessed from the Central Bank of Nigeria (CBN) has shown within the period of the nation’s exit from recession, currency in circulation dropped to an all time low of N1.77 trillion from N22.54 trillion year-on-year (YOY) when compared…

‘FG’s expected decision on fuel price, electricity tariff’ll decide recession exit’

Though there has been pockets of pronouncements that Nigeria is on way out of recession, there are, however, indications that the much anticipated recovery may be hindered by a combination government’s decision on fuel price and electricity tariff amongst other…