The governor of Central Bank of Nigeria (CBN) Godwin Emefiele, has shown fears that Nigeria may slide into another recession if measures are put in place to combat the high rate of unemployment and other economic crisis.
Bismarck Rewane who is an economist and managing director of Financial Derivatives has said that Nigeria’s economy will not go back to recession as President Muhammadu Buhari’s second term is set to commence.
Residents of Stockton in California were given $500 each to fight poverty and help them get out hard times, as beneficiaries would also receive extra pay for 18 months under the Universal Basic Income (UBI).
Majiyar Legit.ng ta ruwaito Buhari wanda ya samu wakilcin gwamnan jahar Jigawa, Abubakar Badaru ya bayyana haka ne yayin taron hukumar kasuwanci ta kasa daya gudana a jahar Kaduna a ranar Alhamis, 16 ga watan Mayu.
Nigeria's economy is just trying to stabilise after exiting recession in 2018. The economy is still struggling. Many Nigerians are struggling financially.
Nevertheless, small businesses are still struggling to sail through the tough economic times, facing such issues as finance, declines in consumer confidence and decreased sales, high interest rates, etc.