recession

NEWS: Nigeria Is Sliding Into Recession

Nigeria is officially in recession due to the impact of the coronavirus and the low price of crude oil which…

November 23, 2020

Egypt in talks with IMF for financial assistance

Egyptian Prime Minister Moustafa Madbouli announced on Sunday that his government had started negotiations with the International Monetary Fund (IMF)…

April 27, 2020

World Bank predicts sub-Saharan Africa recession in 2020

Sub-Saharan Africa is expected to go into recession this year due to the coronavirus pandemic. This is according to a…

April 17, 2020

Ramaphosa summons Okonjo-Iweala to counter recession

Former Nigeria Minister of Finance , Dr. Ngozi Okonjo-Iweala has been called by the South Africa’s government to help rescue…

March 7, 2020

Power outages are dragging South Africa back into recession

Nationwide power cuts are blamed for pushing South Africa’s economy, the continent’s most industrialized, into recession, according to official statistics…

March 4, 2020

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