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Nigeria Economic News | The Nigerian Economy Today
Nigeria is reeling after it was confirmed its in the grip of its first recession in decades. Following the release of negative growth data on Wednesday, the Finance Minister said it was in the worst possible time. Aero Contractors, the country’s oldest working airline, has grounded its flights. Established in 1959, the airline is suspending […]
Nigeria’s economy at fifty six has evolved from an agriculture driven economy to an oil and gas dominated one with Nigerians lacking the expertise to determine what happens to a sector that generates about 80% of the nation’s revenue.
West Africa region faced some of its toughest economic challenges in 2016 with the biggest player in the region, Nigeria, worst affected. Nigeria is still struggling to come out of a recession that has had a ripple effect on its neighbours. However, as tough as the economic situation was,there have been some bright spots. CCTV’s […]