Nigerian economy officially enters recession
By CNBC Africa
31 August 2016 |
2:56 pm
Economic data released today by the National Bureau of Statistics confirmed that Nigeria is in a recession. Toyin Sanni, CEO, United Capital joins CNBC Africa for an in-depth analysis of the information.
In this article
Related
April 20, 2024
Related
20 Apr
For months, Europe has been rocked by protests as farmers decry high costs and low prices, in addition to what they call unfair competition from Ukraine, and the constraints of environmental regulations. EU elites are worried that the farmers' movement will boost anti-establishment parties in the European elections this June. The EU Commission has put forward proposals to ease the burden on farmers, but environmental groups say this is a short-term political tactic that undermines elements of the EU's own Green Deal – and will ultimately lead to more climate chaos for everybody, including farmers. We unpick this with the EU's Agriculture Commissioner, Janusz Wojciechowski.
19 Apr
Find these stories and much more when you grab a copy of The Guardian on Saturday.
3 days ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
2 days ago
Israel's economy suffered a major contraction in the final quarter of 2023, following the terrorist attacks. Its economy shrank by 5.2% compared with the previous quarter. Much was related to the labor force disruption which resulted when around 300,000 reservists were called up to the country's armed forces.
2 days ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
1 day ago
FG to integrate over 20% unbanked Nigerians into banking system says Shettima and more
Latest
3 hours ago
Trump and Duda discussed a range of issues, including Russia's invasion of Ukraine. Ahead of the November US presidential election, Trump is taking time to forge ties with foreign leaders.
3 hours ago
April 22 marks Earth Day, and this year's theme is "Planet vs. Plastics". Over the past 60 years, around 7 billion tons of plastic have been produced, according to the UN. But only around 10 percent of it has been recycled. Initiatives are flourishing around the world to tackle the waste crisis, including new technology to improve recycling rates.
4 hours ago
Guardian Woman Festival: Women's World - Strength in Femininity
4 hours ago
At least thirteen people have died in Nairobi due to serious flooding caused by torrential rains that fell last Tuesday night, the Police reported this Thursday.
4 hours ago
Prosecutors say Donald Trump falsifyied business records in order to hide hush money paid to former adult film star Stormy Daniels ahead of the 2016 election.
4 hours ago
Human Rights Watch says 223 civilians were summarily executed by soldiers in a single day in Burkina Faso. Also, heavy rain continues to bring devastation in Kenya's capital Nairobi, with roads turned into rivers. And it's been a year since Ghana started using a new malaria vaccine. Children have received more than two million doses.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.