Recession

Headlines

US Fed Sees Signs Business Investment To Boost Economy

The Federal Reserve said Friday it sees hopeful signs that business investment is poised to rebound from the doldrums...

News

Nigeria’s Economy Picks Up Positively

The economy of Nigeria, Africa’s most populous nation is technically coming out of recession with positive signs, a...

Headlines

S.Africa In Recession As Economy Shrinks 0.7% In Q1

South Africa's economy unexpectedly contracted in the first quarter of this year, pushing the continent's most advanced...

Headlines

South Africa In Recession As Economy Shrinks 0.7% In Q1

South Africa's economy contracted in the first quarter of this year, pushing the continent's largest economy into its...

Headlines

US Household Debt Surpasses 2008 Levels

Household debt has surpassed a peak set during the 2008 financial crisis, marking a long, gradual recovering in...

Headlines

Yellen Warns Fed’s Independence Under Threat

The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could...

Headlines

Wall Street’s Trump Rally Overpriced, Economists Say

Wall Street's historic rallies since Donald Trump's election overvalue the president's pledged pro-business tax and...

International

Brazil’s Recession Worst On Record

Brazil has been in recession for two years, the latest figures show, marking the deepest economic decline since records...

International

UK Wage Growth Outpaces Inflation

Wages grew faster than the rate of inflation at the end of 2016, official figures show. In the three months to...

Opinion

Xmas And New Year Celebrations Under Recession

The 2016 Christmas and 2017 New Year festivities were unequivocally interesting in the definition of recession within...

Opinion

A Clash Between True Federalism, Clumsy Leadership

MANY Nigerians sorrowfully misconstrue the supposed looting spree that characterised the successive Nigerian...

Business

Economy Tipped To Grow By 7%

The Economist Intelligence Unit (EIU), a UK-based leading provider of country, industry and management analysis, has...

International

I Felt Like Absconding When I Took Over From Jonathan —Buhari

President Muhammadu Buhari said, yesterday, that he almost left the country when he discovered that the nation’s...

Business

FPSO Shutdown Hurts Ghana’s Economic Growth

The Ghana Statistical Service (GSS) has reveled the shutdown of the Kwame Nkrumah FPSO in the second quarter of 2016...

Business

Ghana Risks Entering Into Recession

Ghana’s economy faces a recession if steps are not taken to diversify its productive sectors, the Head of the...

Opinion

Recession Is Adequate Reason To Cut Politicians Outrageous Pay

Is anyone serious about cutting politicians’ outrageous salaries and allowance? If this recession is not enough...

Opinion

With Informed Policies, Nigeria Can Survive

It is not a pleasant situation at all, as Nigeria faces recession; many businesses are in dire straits, consumer demand...

Opinion

Nigeria In Recession

Abuja (AFP) - Nigeria's economy has slid into recession after negative growth in the first two quarters of the year,...