“Recession” is trending in Nigeria, according to search results released by Google Nigeria this week, which indicate that interest in the term peaked in July following recent comments on the issue by Central Bank of Nigeria governor, Godwin Emefiele, and Minister of Finance, Kemi Adeosun.
Anambra State tops the list of states in Nigeria combing the search engine for all terms related to “recession”, ahead of the FCT in second place, Rivers State, which lies in third place and cosmopolitan Lagos. Apparently, other states do not have a significant number of queries.
Not surprisingly, related questions asked on Google include “what is recession / recession definition”; “how to survive in economic recession” and “how to make money in a recession”
Nigeria is also one of the top three countries with the most searches for the term globally, coming third in a list that includes the United Arab Emirates; Singapore; Canada; Ireland; South Africa and the U.S.A.
According to analysts, Nigeria’s recession was triggered by a dip in government revenues and spending in the wake of the fall in global crude oil prices. It’s likely to be a bumpy ride ahead for the country, so it’s important to live by the first rule for surviving a recession- Start saving money now.
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