Thursday, 28th March 2024
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Recession

5 Mar
The South African economy grew 0.1 percent in the fourth quarter of 2023, narrowly avoiding a recession that could have hurt the ruling ANC ahead of May elections, official figures showed Tuesday.
30 Jan
For long, youths in this country have been going through difficult times as a result of maladministration and neglect by previous administrations.
29 Jan
Sweden's economy shrank by 0.3 percent in 2023 but technically emerged from recession in the last three months of the year, official statistics showed on Monday.
6 Jun 2023
South Africa's economy grew slightly in the first three months of the year, shooing away fears of recession hanging over Africa's most industrialised country, official data showed Tuesday.
4 Jun 2023
There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on Sunday in a bid to prop up prices.
25 May 2023
Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher interest rates curbed demand in Europe's largest economy.

Latest

22 mins ago
Nobel Prize winner Daniel Kahneman, who pioneered theories in behavioural economics that heavily influenced the discipline, has died at age 90, his employer confirmed Wednesday.
26 mins ago
The National Bureau of Statistics (NBS) says the All-commodity group import index on average increased by 0.79 per cent in Q4 2023.
43 mins ago
The Federal Competition and Consumer Protection Commission (FCCPC) said it discovered a deceptive claim about the weight of a bag of rice at the Garki Modern Market in Abuja. Ag. Executive Vice Chairman/Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi, disclosed this in a statement on Friday after the Commission conducted a targeted enforcement operation…
49 mins ago
Nigerian singer, Yemi Alade, has debunked a claim credited to her that she was not getting awards because she refused to give in to sexual demands from organisers. “So yall gonna start creating false stories every time you get bored; SMH, stupidity at its peak, very unintelligent write-up," Yemi Alade said in an Instagram reel…
1 hour ago
The Bidens' dogs grabbed headlines with their bad behavior, but "First Feline" Willow is getting a book all to herself.
1 hour ago
American Musician, Taylor Swift, has joined the club of world billionaires, according to Hurun’s world richest people's list. The report revealed that “At 34, Taylor Swift joins the billionaire club with US$1.2 billion, not from typical celebrity side hustles, but uniquely through her music. "Over half her fortune stems from royalties and touring, including US$190…
1 hour ago
The Nigeria Security and Civil Defence Corps (NSCDC) has deployed 35,000 personnel to provide security nationwide as Christians celebrate the resurrection of Jesus Christ.
1 hour ago
Six members of the Enugu State House of Assembly elected on the platform of the Labour Party have formerly announced their defection to the ruling Peoples Democratic Party (PDP). Those who defected include the Chief Whip of the house and member representing Igboeze North I, Ejike Eze; the leader of the house and member representing…
1 hour ago
The Federal Airports Authority of Nigeria (FAAN) has closed the KFC outlet at the Murtala Muhammed International Airport (MMIA) in Lagos. FAAN’s spokesperson, Obiageli Orah, disclosed this in a statement on Thursday. The closure follows a complaint by a customer in a wheelchair, alleging discriminatory treatment he received at the airport by officials of the…
1 hour ago
Four people were killed and around 35 injured when a bus overturned on a German motorway near Leipzig on Wednesday, police said.