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Economy

Hope for Africa’s Economic Recovery

March 29, 2021 Omoniyi Osadare 0

By Chuku Chuku, Adamon Mukasa and Yaye Betty Camar Africa is set to recover from its worst recession in half a century. Real GDP is projected to grow by 3.4% in 2021 after contracting by […]

Economy

Nigeria’s Economic Slump Deepens as Oil Output Continues to Drop

November 23, 2016 Omoniyi Osadare 0

Nigeria’s economic slump deepened in the third quarter as oil production continued to fall and factory output was hit by a shortage of dollars. Gross domestic product in Africa’s most populous country contracted 2.2 percent […]

Economy

Four Charts That Show Nigeria’s Economic Dilemma | Bloomberg

November 23, 2016 Omoniyi Osadare 0

Nigerian central bank Governor Godwin Emefiele faces the unenviable task of balancing the needs of an economy that shrank every quarter so far this year with an inflation rate that’s at the highest in more […]

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