Economic Recession

UK Economy Falls Into Recession

Official data released on Thursday revealed that the UK economy slipped into a recession following two consecutive quarters of negative…

4 weeks ago

COVID-19: Nigeria Slips Into Another Recession

Confirmed official figures published on Saturday by the National Bureau of Statistics indicates that Nigeria has entered its second recession…

3 years ago

Italy Plunges Into Recession As COVID-19 Bites

Italy posted a record economic contraction Monday as household spending and investment crashed during the country’s coronavirus lockdown, driving the…

4 years ago

South Africa’s Goes Into Recession

South Africa’s economy dropped by 0.7 percent in the second quarter in quarter-on-quarter terms, pushing the country into recession after…

6 years ago

Nigeria Exits Recession And Looks Beyond Oil

Nigeria’s economy is picking up according to the IMF’s latest economic review. Growth hit 0.8 percent in 2017 after contracting…

6 years ago

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