FG reacts to Nigerian economy being out of recession

The Presidency on Tuesday has reacted to the news of Nigeria’s exit from recession. In a statement distributed by Laolu Akande, spokesperson to Vice President Yemi Osinbajo, the Buhari administration welcomes news of Nigeria’s exit from recession with “cautious optimism and will continue to drive Nigeria’s economic growth by vigorously implementing the Economic Recovery & […]

Continue Reading
inflation

Nigeria officially exits worst recession in 29 years

The National Bureau of Statistics (NBS), on Tuesday declared that Africa’s largest economy has officially exited recession. The Bureau who declared Nigeria’s worst recession in 29 years, said the west African country grew by 0.55 percent in GDP terms for Q2 2017. According to the Nigerian Gross Domestic Product report released by NBS on Monday, […]

Continue Reading