Tag Archives: recession

The African Development Bank (AfDB) has said it will support Nigeria with a sum of $1 billion to address the country’s N2.2 trillion deficit in the 2016 budget. The AfDB President, Akinwunmi Adesina, who was at the State House in Abuja, yesterday, also revealed other packages the financial institution has for the country. They include $300 million to create jobs ...

Reports show that immediate past Governor of the Central Bank of Nigeria (CBN) and the Emir of Kano, Muhammadu Sanusi II, supports the sale of government assets to enable it pull the economy out of recession. Sanusi, who spoke in Lagos on Wednesday supported Aliko Dangote and Senate President, Bukola Saraki, who had earlier called on President Muhammadu Buhari to ...