Tag: Recession

UK in recession for first time in 11 years

Britain has been officially declared in recession for the first time since the financial crisis, due to the…

Nigeria faces economic recession, says finance minister

An assessment by the Nigeria Bureau of Statistics indicates that Nigeria’s economy will go into a recession at…

Coronavirus lockdown pushes Germany into recession

Following the official figures released on Friday, May 15 that the European country's economy shrank by 2.2% in…

Coronavirus may take Nigeria into recession if…, FG warns

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that the Nigerian economy may…