Recession

Nigeria’s recession could last up to 2023 – World Bank

The World Bank (WB) has predicted that Nigeria's current recession might last for three years unless the current reforms is sustained and the right...

Economy

Finance Minister, Zainab Ahmed, says Nigeria will go into recession

An assessment by the Nigeria Bureau of Statistics indicates that Nigeria's economy will go into a recession at an average of -4.4 per cent,...

Business and Economy

COVID-19: World Bank foresees Sub-Sahara Africa’s 1st recession in 25 years

The World Bank Group says Coronavirus (COVID-19), is taking Sub-Saharan Africa towards its first recession in 25 Years.The bank stated this in a statement...