Finally, S/Africa joins Nigeria in recession as economy shrinks 0.7% in Q1
At a time the Nigeria economy is looking set to exit the arena of recession, South Africa’s economy contracted in the first quarter of this year, pushing the continent’s largest economy into its first recession since 2009, the official statistics…
Recession, ease of doing business forcing CBN to dump financial inclusion campaign
When the current little or no speed with which the Central bank of Nigeria (CBN) is driving its campaign on financial inclusion is compared with what it used to be before the advent of recession, indications are rife that the…
IMF sees Nigeria growing by 0.8% in 2017 if…
The International Monetary Fund (IMF) on Tuesday begins to see chances of early exit from recession this year and switch over to growth lane but at a paltry rate of 0.8 per cent after all. It said Nigeria, the continent’s…
