Nigeria’s inflation rate hits 14.89% in November 2020 as food inflation spikes

Nigeria's inflation rate, Headline inflation jumps to 11.61% in October on border closure

This represents the highest inflation rate recorded in 34 months since January 2018

Katsina Abduction, Recession: Economy should be redirected from wasteful-consumption to productivity — Peter Obi

Recession: Cost of governance in Nigeria unacceptable anywhere in the world – Peter Obi

by William Ukpe

November 30, 2020

Peter Obi has urged the Federal Government to reduce the cost of governance, so as to have enough funding for ...

Effects of the recession on families and how to cope

by Chinyere Nebo

November 29, 2020

For families, it will require a lot of sacrifice, adjustments and prudence in the management of resources to navigate the ...

FG warns Nigerians about on-going N3million COVID-19 grant scam, IMF, World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency, FG rejects calls for tax reduction, tax relief for donors to intervention funds, Nigerian economy going into recession, might contract by -8.9% - Finance Minister, Nigeria to spend $33.20 billion in 2021 up 17.2%, will spend 25% of budget on debt servicing - Finance Ministry, COVID -19: FG accesses $750m loans from World Bank for states

Recession; proactive measures not cyclical factors can resuscitate economy

by CSL Stockbrokers

November 27, 2020

The National Bureau of Statistics (NBS) released the GDP report for Q3 2020 which officially confirmed the economy has slipped ...

Traders’ Voice… A recession, for how long?

by Comercio Partners

November 25, 2020

With the oil sector likely to remain depressed in Q4 2020, expectations of recovery will rest mainly on the future ...

land borders to be reopened soon, Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019 , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020 , FG: CBN holds N43 billion stamp duty charges collected by banks , FG may shift deadline to deactivate bank accounts without tax verification, Confusion as ministry and presidency disagree over Finance Act start date, 7.5% VAT: Implementation to begin Feb 1 – FG , Finance Minister: Nigeria to go into recession if ..., Foreign tech companies that will now pay tax to FGN: see the criteria

Nigeria to exit recession by first quarter of 2021

by Chike Olisah

November 23, 2020

The Minister of Finance has said that Nigeria will exit the economic recession by the first quarter of 2021.

Recession: Economy should be redirected from wasteful consumption to productivity – Peter Obi

by William Ukpe

November 23, 2020

Peter Obi has warned that that the current recession could be worse than that of 2016, because debt raised by ...

Recession, 2020 revised budget, spending inefficiencies, and a looming debt hole , President Muhammadu Buhari, loans, Oil price, FG, Solar vehicles, P&ID firm, Nigeria's GDP, Debt Servicing: Nigeria pays $1.12 billion to World Bank, others in 10-month , How the latest Fitch report affects you in 2020 , Nigeria’s credit rating faces downgrade by Fitch, Nigeria’s fiscal crisis looms, oil hits $32, S&P downgrades Nigeria to junk rating, as India cuts interest rates

Nigeria’s oil sector contracts by 13.89%, as covid-19 plunges economy into recession

by Samuel Oyekanmi

November 21, 2020

The contraction in the oil sector indicates 7.26% points lower than the growth recorded in the previous quarter (Q2 2020, ...

World Bank predicts Nigeria’s impending recession will be worst in 40 years

by Samuel Oyekanmi

August 28, 2020

New World Bank report paints a grim picture of Nigeria

Q1 2020, AfCFTA, African Continental Free Trade Area, Africa Free Trade Agreement, Business new, Nairametrics news, AfCFTA: Promoting Non -Oil revenue will maximize agreement for Nigeria - NESG

Nigeria’s foreign trade drops to N8.3 trillion, down by 18% in Q1 2020

by Samuel Oyekanmi

June 9, 2020

Nigeria’s total foreign trade (import and export) rose marginally by 0.8% year on year, when compared to N8.24 trillion recorded ...

Tag: recession