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Nigeria Inflation Soars To Almost Four-year High Of 12.8% - Business (2) - Nairaland

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Nigeria’s External Reserves Hit Four Year High Of $38.2bn — Emefiele / Nigeria’s External Reserves Hit 3-year High At $33.112 Billion / Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg (2) (3) (4)

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Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by kobonaire(m): 3:05pm On Apr 12, 2016
Wow
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by Acutex: 3:06pm On Apr 12, 2016
It's no surprise na... Our Inflation rate wants to soar and meet our Bubu in the sky... #IflywithBuhari

1 Like

Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by Abagworo(m): 3:17pm On Apr 12, 2016
jmoore:
Counterfeit change!!!!!!!!

The ridiculous thing is that oil price is low but we buy petrol at a higher price.

I have never seen this type of government before. Can't even remember the last time I bought a petrol for less than 120 Naira per litre. Currently a litre of petrol is sold above 200Naira in Aba. I have stopped using generator for my business. All thanks to Buhari and co. undecided

4 year high means that 2012 at the peak of oil boom under Jonathan we had higher inflation. What does that tell you?
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by omnisali: 3:20pm On Apr 12, 2016
And dangote said buhari dey try. Smh
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by dadexcel: 3:21pm On Apr 12, 2016
Guyman02:
Bloomberg again?
Nigeria’s inflation rate climbed to the highest in almost four years in March, adding pressure on the central bank to ease foreign-exchange controls that are pushing up food and fuel prices.

They have cried consistently for PMB to devalue the Naira for their briefcase portfolio western investors benefit, they are back again with another subtle blackmail.
Bloomberg promoted APC against PDP prior to the elections and expected that PMB will be a puppet like those Francophone Head of States, since that failed they have been reporting too many negatives against Nigeria.
While I dont like APC policies but western media should not be the one telling me about it as they are known to destructive from Iraq to Libya to Ukraine to Syria etc.
Western media should face their corrupt leaders implicated in the Panama Papers scandal including David Cameron the British Prime Minister and leave us in Nigeria to tackle ourselves without their interference; do they want to foment a Nigerian Spring like in Libya and Syria?
.............. My dear read the article again..... Bloomberg quoted Nigerian national Bureau of statistics....... Don't be in a haste to defend the indefensible!

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Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by buchilino(m): 3:26pm On Apr 12, 2016
WHICH KIND 12%, INFLATION IS ABOVE 50%. SINCE WEN HAS OYIBO JOIN APC IN TELLING LIES

2 Likes

Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by 4nobody4every1: 4:08pm On Apr 12, 2016
Guyman02:
Bloomberg again?
Nigeria’s inflation rate climbed to the highest in almost four years in March, adding pressure on the central bank to ease foreign-exchange controls that are pushing up food and fuel prices.

They have cried consistently for PMB to devalue the Naira for their briefcase portfolio western investors benefit, they are back again with another subtle blackmail.
Bloomberg promoted APC against PDP prior to the elections and expected that PMB will be a puppet like those Francophone Head of States, since that failed they have been reporting too many negatives against Nigeria.
While I dont like APC policies but western media should not be the one telling me about it as they are known to destructive from Iraq to Libya to Ukraine to Syria etc.
Western media should face their corrupt leaders implicated in the Panama Papers scandal including David Cameron the British Prime Minister and leave us in Nigeria to tackle ourselves without their interference; do they want to foment a Nigerian Spring like in Libya and Syria?
grin grin

1 Like

Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by davide470(m): 4:10pm On Apr 12, 2016
The main takeaway from all these is that we have a CBN that is increasingly out of touch with current happenings and pushing Nigeria gradually onto the path of Zimbabwe with their hyperinflation.
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by Chukzyfcb(m): 7:05pm On Apr 12, 2016
This is bad bad news for investors. You invest in fixed deposit at a rate of 7% or in t.bills @ 10% only for Inflation to be moving @ 12%, where is the gain? Your purchasing power just be getting eroded.......Real estate still remains the best hedge against inflation.
CBN monetary policy isn't workig @ allz. The increased MPR rate & CRR isn't doing Poo...
Bad time for money market/capital market investors and worse time for savers & consumers #Real estate Investment, the best way to float against rising inflation
Land prices for the prime areas in Lagos
N/Psqm - Naira per square metre

Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by amtaken(f): 7:12pm On Apr 12, 2016
Pray for sense.

brainpulse:
This is no news. The shortfall from the last maladminstration. The current administration will do everything to make it better.
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by amtaken(f): 7:13pm On Apr 12, 2016
We're people trekking to work? Have you passed Ojota pedestrian bridge recently?
brainpulse:
It was worst during GEJ economy woes and calamity
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by Obiwiz(m): 10:45pm On Apr 12, 2016
Nigeria is deteriorating in our very own eyes. And in PMB's hands.
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by EreluY(f): 12:09am On Apr 13, 2016
[size=18pt]Nigeria is totally fuckéd up.[/size]
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by xakakes: 6:29am On Apr 13, 2016
dallyemmy:
We have been living on imported goods ever since! No more dollar to squander since the price of crude oil has gone down terribly from about $114 to $36 per barrel. We need to start exporting goods and services now so that the value of naira will increase.

Whose fault?

















Me and you!


Nope, You and your father


Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by LazyWasterners: 7:02am On Apr 13, 2016
brainpulse:
It was worst during GEJ economy woes and calamity
Brainless pulse.
Re: Nigeria Inflation Soars To Almost Four-year High Of 12.8% by iseeicome: 9:09am On Sep 10, 2017
The effect of inflation on the Nigerian economy.

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