There’s a lot of talk in the air about whether we’re in a recession or not, and it’s important we understand what that means for us and our families. In simple terms, a recession is when the economy of a country isn’t doing well. If these are all going down for a while, then yes, that’s what you call a recession. Now, if our country is indeed facing a recession, it can sound scary, but there are things we can do to help our households. A recession can feel like a big rock on our path, but remember, it’s not forever.

Source: Nigerian Tribune February 24, 2024 12:57 UTC