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Nairaland Forum / Nairaland / General / [10, 9, 8….]the Coming Nigerian Recession (259 Views)
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[10, 9, 8….]the Coming Nigerian Recession by iamprincewill: 9:00am On Jul 22, 2015 |
Nigeria has not had a recession (defined as two consecutive quarters of negative growth) since 1999.However all that may change in the coming months as a result of a combination of factors (domestic and global) that have converged to hit the country’s economy hard.Nigeria’s Consumer price inflation rose for a fifth month in June to 9.2 percent and growth in the first quarter of 2015, slowed to about 4 percent, on an annual basis compared with 5.9 percent a quarter earlier.more on.......http://nairametrics.com/10-9-8-the-coming-nigerian-recession/ |
Re: [10, 9, 8….]the Coming Nigerian Recession by sigmundfreud(m): 9:10am On Jul 22, 2015 |
Winter is coming. |
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