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Nairaland Forum / Nairaland / General / Politics / Nigeria's Economy Is Finally Out Of Recession - World Economics (46303 Views)
Nigerian Economy Out Of Recession, Growing Strongly—world Economics / Nigeria Out Of Recession, World Economics Declares - The Guardian Nigeria / Nigeria Will Soon Get Out Of Recession – World Bank (2) (3) (4)
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Nigeria's Economy Is Finally Out Of Recession - World Economics by LivingHuman: 4:13pm On Mar 21, 2017 |
Nigeria's economy has climbed out of recession, according to world economics. World Economics is an organisation dedicated to producing financial analysis, insight and data relating to questions of key importance to the world economy. Information on its website reads; "March Sales Managers’ Index (SMI) data suggests that the Nigerian economy is starting to grow out of the recession which saw 10 months of consecutive contraction. The Market Growth Index grew to 53.5 in March as the monthly Sales Growth Index edged up to 51.3, its highest value since March 2016. It is too early to speculate if the recovery is built on solid fundamentals for a sustained recovery but the changes reflected are not insubstantial. Price inflation for March, which is tracked by the Prices Charged Index, remained high at 61.3 - and indicative that very high levels of inflation continue. Overall, conditions in Nigeria have improved over the past month and managers are expressing optimism that the economy will continue to grow". See more below; Source: http://www.cambellsblog.com/2017/03/breaking-nigerias-economy-is-finally.html 4 Likes 3 Shares
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Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by Nobody: 4:13pm On Mar 21, 2017 |
Good news ![]() 41 Likes 3 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by Partaker(m): 4:14pm On Mar 21, 2017 |
Hmmm, how Mr man?? 9 Likes 1 Share |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by softwerk(f): 4:15pm On Mar 21, 2017 |
Rubbish! Just like the polls said Hillary Clinton would defeat Donald Trump?! ![]() I won't believe this poo until a bag of rice is sold for N11000. Come and beat me ![]() 356 Likes 31 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by Aliyeous(m): 4:15pm On Mar 21, 2017 |
All i can see is a graph... 113 Likes 6 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by Nobody: 4:15pm On Mar 21, 2017 |
How does it affect the prices of goods and services? Rubbish. And hope this will not warrant blocking of major roads in the cities by hungry looking riffraffs. This is a government of rhapsody of comedy. 66 Likes 6 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by SuperS1Panther: 4:15pm On Mar 21, 2017 |
Good news for patriots praying for Nigeria and bad news for wailers, iPods and children of hatred. Let the growth begin now after the recovery. This is a miracle, coming earlier than expected. God is indeed a Nigerian. Just watch the children of hatred and doom disputing the report just because it is contrary to their warped prophesy of doom. The world Bank economist led us into recession while the so-called polytechnic graduate pulled us out of it. I doff my hat for Kemmy. 73 Likes 13 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by LivingHuman: 4:16pm On Mar 21, 2017 |
Lalasticlala, Mynd44 1 Like 1 Share |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by Vicboi1(m): 4:16pm On Mar 21, 2017 |
let's watch how it goes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by stephleena(f): 4:20pm On Mar 21, 2017 |
which kain nonsense be this??when attachment is 1,200as against 850#..mtcheew..only mathematics students go fit understand that nonsense presentation above. 32 Likes 2 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by jpphilips(m): 4:20pm On Mar 21, 2017 |
SuperS1Panther: Just a week earlier, good all the same, has anyone seen anything from NBS except the subsiding inflation? 2 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by Zikavirus(m): 4:20pm On Mar 21, 2017 |
Thunder gbagbukwa gy there! 13 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by psucc(m): 4:20pm On Mar 21, 2017 |
Father: Chima, thank God Nigeria is out of recession, take N100 go buy garri Chima: Thank God today na full ration (comes back, sad and dejected) Papa why do you lie to me? Father: Please forgive me, the government got me to. I am sorry. 64 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by madridguy(m): 4:21pm On Mar 21, 2017 |
Alhamdulilahi. 3 Likes 3 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by LivingHuman: 4:23pm On Mar 21, 2017 |
For proof 1 Like
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Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by stonemasonn: 4:23pm On Mar 21, 2017 |
Well I'm afraid Bubu's return may send us back to recession ![]() 2 Likes 1 Share |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by TINALETC3(f): 4:26pm On Mar 21, 2017 |
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Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by tspun(m): 4:26pm On Mar 21, 2017 |
Not true, The unemployment rate has effectively not gone down from where it was at the peak of the recession. The only reason it's gone technically from may be 10 percent to 8 percent is because so many people are discouraged and are tired of complaining. They don't live in Nigeria so they can't tell it better than the average Nigerian, you can't say we are out of recession when things are still going up every day. 17 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by adenine02: 4:26pm On Mar 21, 2017 |
yes!!! Alhadullillah Praise God!!! 4 Likes 1 Share |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by Nobody: 4:26pm On Mar 21, 2017 |
Who are they? 2 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by MrGreenMavro: 4:26pm On Mar 21, 2017 |
![]() chai this people don chop LIE MOHAMMED LES ![]() ![]() ![]() We v grown out of reccession naim people dy jump inside lagoon every week ![]() ![]() 10 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by feran15(m): 4:26pm On Mar 21, 2017 |
But everything will still be expensive 6 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by jayAjoku(m): 4:26pm On Mar 21, 2017 |
hmmmmmmmmm this one na talk oo traders go gree drop prices? greedy people 2 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by ShitHead(m): 4:26pm On Mar 21, 2017 |
World Economics is different from Nigerian Economics...they should go and sit down. 16 Likes 2 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by DirtyGold: 4:27pm On Mar 21, 2017 |
Only the street can tell if Nigeria is still in recession or not What's tha business? 7 Likes 1 Share |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by onosprince(m): 4:27pm On Mar 21, 2017 |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by owobokiri(m): 4:27pm On Mar 21, 2017 |
The broom wizards are at it again..Graphs cant tell it better than the guy on the street... We wont eat graph and computer generated indices.. Inflation is extremely high, companies are closing down while sacking workers, nobody is employing, productivity is low and the government is bereft of ideas as to how to intervene positively.... So where is the growth? In which sector? Are you guys still determined to lie your way to stardom? How can you people form a broom party of lairs and insist on lying on every issue on the table? 9 Likes |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by slurryeye: 4:27pm On Mar 21, 2017 |
Great news...... ![]() 40 Likes 10 Shares |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by vickvilles(m): 4:27pm On Mar 21, 2017 |
good news.... today is my birthday nairalanders so please show me some love... 26 Likes 1 Share |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by MKO4ever(m): 4:27pm On Mar 21, 2017 |
Hope we feel the impact soonest |
Re: Nigeria's Economy Is Finally Out Of Recession - World Economics by yinkslinks(m): 4:28pm On Mar 21, 2017 |
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