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NIGERIAN RECESSION
News and stories about Nigeria's 2016 Economic Recession
Senator Melaye of Kogi West describes what he feels President Buhati must quickly do to save the nation's economy from collapse.
The economic crisis the country is currently undergoing, has brought untold hardship to several Nigerians, who now find it hard to make ends meet, or as in the case of Isaac Ogbonna, keep relatives alive.
Transporters have announced a N1000 flat increase on the rates of all its routes in the country, in order to prevent ‘imminent collapse’ of the industry.
The FG outlines steps it plans to take to ensure that the economy is stabilized in a 2,176-page document presented by Garba Shehu, who also went on to blame the past administrations for the current situation.
We cut it down from over 10,000 words to less than 2,500 words. It's the best we could do for now..
It's a long read...but worth every bit of your time.
A candid analysis of why the current methods cannot solve the problem we have constantly closed our eyes to, but is now here with us.
In an attempt to fund the budget of an economy under recession, Minister of Finance says FG has approved sourcing about $10 billion in medium term loans to be sought externally.
Another day, another company closes down in Nigeria
The National Bureau of Statistics (NBS) has released its 2016 Q2 GDP report revealing that Growth rate for...
The former governor of the CBN explains how Nigeria got into the current economic mess it finds itself as well as explains what the current administration can do to salvage the situation and endear itself to Nigerians as contained in his mini-blueprint