Nigeria inflation rose to 18.55 percent in December

Annual inflation in Nigeria rose in December to 18.55 percent. The National Bureau of Statistics released the latest figure on Friday. It is Nigeria’s highest in more than 11 years…

 
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Obaseki Calls For Prayers To End Recession

Governor Godwin Obaseki of Edo state has called for prayers from religious bodies to end recession adding the peaceful conduct of the gubernatorial election in the state was as a…

 
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“I warned Jonathan’s government about recession” – Obasanjo

Former Nigerian president, Chief Olusegun Obasanjo, has revealed that he warned the immediate past administration about the present recession that the country is presently in, but was ignored. According to Premium Times,…

 
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Recession: “Why I will continue to blame Jonathan, Obasanjo” – Buhari

President Muhammadu Buhari has given reasons why he will continue to blame previous administrations for Nigeria’s current economic challenges. It would be recalled that the Peoples Democratic Party (PDP) which…

 
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“Remain Focused” – APC advise Buhari

The All Progressives Congress (APC) has enjoined President Muhammadu Buhari to remain focused despite attempts by the opposition Peoples Democratic Party (PDP) to distract his administration by attempted blackmail in the current…

 
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Nigeria, South Africa Stare Down Recessions?

Politics and petroleum have brought down Africa’s two biggest economies, South Africa and Nigeria, as both nations look down the barrel of recession. Oil giant Nigeria releases quarterly growth figures…

 
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