Naira drops to N387.65 per dollar, as crude oil prices plunge to $27
Nigeria's currency is expected to have little price swings in the coming weeks, as the lockdown aggravates dollar shortages.
Tag: Nigerian recession
News and stories about Nigeria’s 2016 Economic Recession
4 key sectors CBN plans to pump money into
The post-Covid-19 era is expected to be filled with a lot of uncertainties, CBN has warned of the need for the ...
COVID-19: Nigeria needs $50 billion to survive an impending recession
At Nigeria’s GDP of N144trillion, the lock down could cost the country a whopping N21 trillion or $50 billion.
Nigeria could slide into recession due to Coronavirus, PEAC warns
The Presidential Economic Advisory Council has warned that Nigeria could slip into another recession following the impact of coronavirus on global ...
Govt. policies push non-oil sector into triple dip recession
The National Bureau of Statistics reported on Monday that Nigeria recorded a Real GDP Growth rate of 1.4% for the ...
Emefiele says Nigeria has raked in $10 billion in 6 months from IE window
The Governor of the Central Bank of Nigeria Dr. Godwin Emefiele has stated that the nation has recorded an estimate ...
IMF: CBN may slow Nigeria’s economic growth
The International Monetary Fund (IMF) has put the pressure on Emefiele and company at the Central bank of Nigeria (CBN) ...
On Nigerian Banks, Loans and the Economic Recession By @teniakeju
I watched the movie, The Big Short, a while ago. The movie piqued my interest in Finance particularly in how ...
ANALYSIS: Recovery at mercy of telecoms ‘Wild’ Card
Nigeria’s economic recovery stalled in the second quarter in spite of an improvement in oil production. A sharp decline in ...
Nigeria’s exit from recession is ‘pedestrian’ – Rencap
Nigeria grew 0.5% YoY in 2Q17 vs -1.5% YoY a year earlier. The oil & gas and financial services sectors ...
