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    Africa & World Economy

    Slow-Healing Scars: The Pandemic’s Legacy

    Adebisi Samuel / March 31, 2021

    Recessions wreak havoc and the damage is often long-lived. Businesses shut down, investment spending is cut, and people out of work can lose skills and motivation as the months stretch on. But the…

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  • Agencies

    COVID’s Impact in Real Time: Finding Balance Amid the Crisis

    Sheriffdeen Adeoti / October 26, 2020

    The IMF analyzed the economic effects of lockdowns and voluntary social distancing using two high-frequency proxies for economic activity: mobility data from Google and job openings posted on the website Indeed. As illustrated…

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  • Economy

    [Archive] From Recession to Growth: The Story Of Nigeria’s Recovery from the 2016 Economic Recession

    Abdulazeez Kuranga / August 30, 2020

    Being a Paper presented by Godwin I. Emefiele, Governor, Central Bank of Nigeria at the Special Convocation of the University of Nigeria, Nsukka, on Friday, May 17, 2019 at the Princess Alexandra Auditorium,…

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  • Agencies

    How The Pandemic Is Making The Gender Pay Gap Worse

    Aminu Musa / August 18, 2020

    A new study finds that this recession is hitting women harder. Between February and April 2020, male unemployment increased 9.9 percent; female unemployment increased 12.8 percent. The pandemic has ravaged in-person service jobs…

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  • graphs job laptop papers
    Agencies

    Unemployment in Today’s Recession Compared to the Global Financial Crisis

    Joshua Olorunsaiye / July 24, 2020

    There has been much discussion in recent months about how workers who transitioned to working from home—and those who were deemed “essential”—are less affected by the layoffs and job losses brought on by…

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  • Analytics

    [INFOGRAPHICS] China’s Quarterly Growth Rate Overtime

    Adebisi Samuel / July 17, 2020

    China’s latest quarterly growth rate shows that the country has averted a recession in the first half of the year as real GDP growth rate printed at +3.2% in Q2’20 compared to -6.8%…

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  • Africa & World Economy

    What Beer Sales Tell us about the Recession

    Aminu Musa / July 7, 2020

    Craft beer sales are surging at stores, but craft breweries are still struggling. Cheap beer is surging, but it’s still losing market share. That’s because the economics of the beer business are complicated.…

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  • Agencies

    Reopening from the Great Lockdown: Uneven and Uncertain Recovery

    Abdulazeez Kuranga / June 25, 2020

    Compared to the April World Economic Outlook forecast, the IMF now projects a deeper recession in 2020 and a slower recovery in 2021. Global output is projected to decline by -4.9 percent in…

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  • Articles,  Economy

    Global economy on a Tripod: Deflation, Inflation and Recession in 2020

    David Shaibu / June 10, 2020

    From economic theories, one characteristics of a recession is that price level of goods and services will become low. If this should go by and considering that economic theories are in favour of…

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