economy

Nigeria recession
November 23, 2020

Recession, palliative, ad-hoc committee, ultra-modern, bistro — you can’t claim to be a Nigerian if you’ve never heard these words. They are so popular, we wrote about them. Speaking of recession, on Saturday, November 22nd, 2020, the Nigerian Bureau of Statistics reported that Nigeria’s GDP (Gross Domestic Product) reduced by 3.62% from September to October […]

August 25, 2020

On Monday, the Nigerian Bureau of Statistics released GDP figures for Q2 2020 (April – June), and the outcomes were not so surprising. Gross Domestic Product (GDP) decreased by 6.10% from the exact same period last year, ending a 3-year trend of low but positive economic growth recorded since the 2016/17 recession (remember that dark […]

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