World Happiness Report 2017: Nigeria Ranked 6th In Africa

Nigeria has been ranked 6th in Africa in the latest World Happiness Report of 2017 and 95th in the World. The Report, ranks 155 countries by their happiness levels. Despite the economic recession, Nigerians are Africa’s sixth happiest people, according to the new report released on Monday that called on nations to build social trust…

SMEs converge on Lagos for solutions to economic recession

Small and Medium Scale Enterprises(SMEs) from different parts of the federation would on Tuesday, Feb. 28, converge on Lagos to deliberate on their roles in providing solutions to Nigeria’s current economic recession. The Convener of the One-day seminar, Mrs Shade Bembatoum-Young, told the News Agency of Nigeria (NAN) in Lagos on Sunday that the Federal……

Ex-Minister suggests ways out of economic recession

A former Minister of Finance, Dr Kalu Idika Kalu, says Nigeria can resolve its current economic recession challenges if its leadership goes back to the basics in resources management. Kalu gave the advice in an interview with the News Agency of Nigeria on Tuesday in Lagos. He further said the country could pull out of……

11 proofs that show recession is almost over – FG

The federal government has given 11 reasons why it believes that the economy is on its way out of recession that has rocked the nation for almost a year. The government described the reasons as proofs in a report contained in Issue 23 of Aso Villa’s Newsletter titled: ‘Government at Work’ The reasons stated in…

States, LGs shared N2.6trn in 2016 despite recession

A new report has disclosed that the 36 states and the 774 local government councils in Nigeria shared a total sum of N2.6 trillion from the Federation Account in 2016 in spite of the prevailing economic recession. An investigation by the Economic Confidential, an intelligence economic magazine, shows that the total figure was payment made…

Economic recession: Republic of Ireland seeks stronger ties with Nigeria

The Republic of Ireland has called for stronger ties that will enable it to help Nigeria overcome the current economic recession. This is contained in a statement issued on Saturday, by Mr Samuel Olowookere, the Deputy Director, Press, Ministry of Labour and Employment. According to Olowookere, the Irish Ambassador to Nigeria, Mr Sean Hoy, made……

Corruption responsible for Nigeria’s economic recession, says Association

The National Association of Seadogs (NAS) on Saturday attributed Nigeria’s economic recession to massive corruption perpetrated under past leaders. Its International President, Mr Arthur Boje, said this at the association’s quarterly meeting in Eket Local Government Area of Akwa Ibom. According to him, the current economic recession in the country is the outcome of years……

Economic Turnaround Possible Only If…

By Atedo Peterside As part of their 14th Daily Trust Dialogue, the management of Daily Trust requested a presentation from me on “BEYOND RECESSION: TOWARDS A RESILIENT ECONOMY”. My focus will be on “Towards a resilient economy”, because virtually all the actions and policies that are required to help build a resilient economy are the…

Recession: FCT landlords reduce rents

Following the present economic recessing facing the country, some house owners in the Federal Capital Territory (FCT) have reduced their house rents so that people can afford the houses. The News Agency of Nigeria (NAN) reports that many houses in the FCT have remained unoccupied as many people can no longer afford to pay rents…

Pastor Tunde Bakare reveals how Nigeria can get out of recession

The founder of The Latter Rain Assembly, Pastor Tunde Bakare, has disclosed the way out of the recession currently rocking the country. He said the way forward would not be so complex for those interested in genuine change. Speaking at his State of the Nation Broadcast on Sunday in Lagos, the ex- vice president of…

Recession: Nigerians advised to embrace family planning

Prof. Suleiman Adeniran of the Department of Obstetrics and Gynaecology, University of Ilorin Teaching Hospital (UITH), has advised parents to embrace family planning to ease the effects of economic recession. Adeniran gave the advice in Ilorin on Friday during a presentation at a UITH Seminar on: “Economic Recession: A healthy way out”. The gynaecologist described…