Economic Recovery Archives

Nigeria’s Economic Growth Slows For First Time Since End Of Recession

May 21, 2018 0

Nigeria’s economic growth slowed in the first quarter of 2018 for the first time since the country pulled out of recession last year as the non-oil sector struggled, the National Bureau of Statistics said on Monday. The economy grew by 1.95 percent in the first quarter lifted by the oil sector. That was a slight dip from 2.11 percent year-on-year …

Economic Recovery: IMF Applauds CBN, Confirms Nigeria Out Of Recession

March 8, 2018 0

— It Advocated For Tax Reform Measures The International Monetary Fund (IMF) has confirmed that Nigeria is out of recession and applauded the country’s strong recovery in foreign exchange reserves. Leadership reports that this was contained in a report released on Wednesday, March 7, in Washington DC by its executive board after the conclusion of Article IV Consultation with Nigeria. …