On November 21, the National Bureau of Statistics announced that the Nigeria economy is officially in recession after gross domestic product contracted for the third consecutive quarter recording a negative growth of 3.62 percent. The country had earlier recorded a 6.10 percent contraction in the second quarter.
This is Nigeria's second recession since 2016 and the worst economic decline in almost four decades.
Gist Nigeria finds out why country's economy nose-dived into recession and ways to manage one's resources during this period of economic downturn.
Gist Nigeria is a 30-minute current affairs programme, co-produced by Channels Television and the BBC. The program offers in-depth reporting, focusing on stories behind the news and their impact on its audience.
Gist Nigeria airs at 9pm on Wednesdays on
Channels TV and Channels 24 (UK) on Sky 518.
Show time slots:
WEDNESDAY 9.00pm On CHANNELS TV & CHANNELS 24{UK} On SKY 518 [New Edition] REPEAT: * THURSDAY 3.30pm On DSTV * FRIDAY 6.30pm On Terrestrial * SUNDAY 11.30 am On Terrestrial * SATURDAY 12.30pm CHANNELS 24{UK} ON SKY 518
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