nigeria in recession

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    Politics Udoma - Nigeria's Economy Will Get Better in the 3rd Quarter of 2016

    Nigeria's Minister of Budget and National Planning, Udoma Udo Udoma, on Thursday said that the country's economy will get better in the third quarter of the year. Speaking to state house correspondents at the end of the National Economic Council, NEC, Udoma said, “Recession is basically...
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    Business IMF Downgrades Nigeria's 2016 Economic Growth to -1.8%, Forecasts Recession

    The International Monetary Fund (IMF) has again revised growth projections for Nigeria and other sub-Saharan African countries, saying that the Africa’s largest economy will probably contract by 1.8 percent this year. In an update on its latest World Economic Outlook (WEO), the IMF said on...
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