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FEC Pleased As Budget Minister Reveals 2018 GDP Growth

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  The Federal Executive Council on Wednesday received a report detailing the growth of the nation’s GDP in the third quarter of 2018. After the meeting presided over by President Muhammadu Buhari, the Minister of Budget and National Planning, Udo Udoma, told journalists that the council was encouraged by the economy’s steady recovery from recession. … Continue reading FEC Pleased As Budget Minister Reveals 2018 GDP Growth
The post FEC Pleased As Budget Minister Reveals 2018 GDP Growth appeared first on Channels Television. …

South Africa exits recession as govt eyes 2019 polls

South Africa broke free of recession on Tuesday when it reported GDP growth of 2.2 percent for the third quarter, the statistics authority said, marking a positive economic trajectory ahead of elections.
The post South Africa exits recession as govt eyes 2019 polls appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

Jonathan: APC’s propaganda tore our economy to shreds, so we slipped into recession

Jonathan: APC’s propaganda tore our economy to shreds, so we slipped into recession

Ex-president Goodluck Jonathan says Nigeria’s economy slipped into recession after he left office because the then opposition used “their malicious propaganda” to tear the country’s economy into shreds. Jonathan said
The post Jonathan: APC’s propaganda tore our economy to shreds, so we slipped into recession appeared first on TheCable. …

Zainab Ahmed: How AfDB helped Nigeria out of recession

Zainab Ahmed: How AfDB helped Nigeria out of recession

Zainab Ahmed, minister of finance, says the African Development Bank (AfDB) was very instrumental to Nigeria’s exit from its worst recession in decades. The minister explained this on Thursday while speaking to The post Zainab Ahmed: How AfDB helped Nigeria out of recession appeared first on TheCable.

Economy may slip back into recession, CBN warns

Economy may slip back into recession, CBN warns

…to discuss with MTN, banks over N8.1bn fine  Ifeanyi Onuba, Abuja The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic fundamentals currently being shown by the economy were putting the country’s exit from recession under threat. The Nigerian economy exited recession in 2017 after suffering contraction for five […] …

NECA warns govt, others against another recession

NECA warns govt, others against another recession

Anna Okon The outgoing President of the Nigeria Employers’ Consultative Association, Mr Larry Ettah, has called for increased private sector vigilance of government’s management of the economy. He also warned against relapsing into recession, noting that the economy was not yet out of the woods. According to a statement from NECA, Ettah, the immediate past […] …

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