After a few quarters of negative growth that saw the death of businesses, the Nigerian economy is out of recession, but “conditions remain difficult for businesses,” World Economics said Tuesday.

World Economics is a London-based organisation dedicated to producing financial analysis, insight and data relating to questions of key importance to the world economy.

“April Sales Managers’ Index (SMI) data suggests that the Nigerian economy is continuing to grow out of the recession which saw 10 months of consecutive contraction in 2016,” it said in a release published on its website.

https://guardian.ng/news/nigeria-out-of-recession-world-economics-declares/

Another APC bulsht to deceive Nigerians...

out recession?
|
| dreaming nigeria

I will believe the report when the standard of living of an average Nigerian starts improving.

FAKE NEWS

E pain am

2kaybiel:
out recession?

|

|
dreaming nigeria

E enter this one

Jasboi:
.

Awaiting long epistle

Wailers are angry at this news

coolesmile:

Waiting

Keep deceiving Nigerians

sarrki:

Waiting

ok boss

They are insane

ceomike:
After a few quarters of negative growth that saw the death of businesses, the Nigerian economy is out of recession, but “conditions remain difficult for businesses,” World Economics said Tuesday.

World Economics is a London-based organisation dedicated to producing financial analysis, insight and data relating to questions of key importance to the world economy.

“April Sales Managers’ Index (SMI) data suggests that the Nigerian economy is continuing to grow out of the recession which saw 10 months of consecutive contraction in 2016,” it said in a release published on its website.

https://guardian.ng/news/nigeria-out-of-recession-world-economics-declares/

The part in bold is the real news here

TonyeBarcanista:
They are insane

You know better bro

Baba

We have been out of recession more than 6 weeks

We don't need to politicize it

dis country sef

MXrep:

The part in bold is the real news here

Spot on!

there's nothing like world economics, it's either the world bank or the national bureau for statistics(NBS).i won't be surprised if this trash makes front-page.

Who typed this rubbish?

Good

TonyeBarcanista:
They are insane

Officially, we are now out of recession.

GloriaNinja:
FAKE NEWS

Chai.. You are so pained? Why?

Jasboi:
Another APC bulsht to deceive Nigerians...

I think it's plausible Nigeria is out, or will come out, of recession this year. Remember also that for recession to end, the economy simply needs to stop contracting for at least 2 quarters (6 months). Therefore, the end of recession doesn't necessarily mean that things will start getting better but that it will stop getting worse.

AUG 2016- APRIL 17
RIP RECESSION

4Play:


I think it's plausible Nigeria is out, or will come out, of recession this year. Remember also that for recession to end, the economy simply needs to stop contracting for at least 2 quarters (6 months). Therefore, the end of recession doesn't necessarily mean that things will start getting better but that it will stop getting worse.

Your parents will reap the fruits of their labour as sensible Nigerians are reaping from your parents investments on you. Wailers will always wail.

It's not by mouth,we knew when we entered and so when we come out we won't need you to tell us,so,go chill.

Jasboi:
Another APC bulsht to deceive Nigerians...

ipods are so much annoyed now

Onwardvic:
It's not by mouth,we knew when we entered and so when we come out we won't need you to tell us,so,go chill.

it was with mouth you enter recession and with mouth we are also out of recession.
It is this same their data you believe that say we are in recession and now ,the same data said we are out of recession you dont want to believe

4Play:


I think it's plausible Nigeria is out, or will come out, of recession this year. Remember also that for recession to end, the economy simply needs to stop contracting for at least 2 quarters (6 months). Therefore, the end of recession doesn't necessarily mean that things will start getting better but that it will stop getting worse.

Actually, when an economy requires 3% annual growth just to keep income per capita steady, all it means is that the rate at which things are getting worse is slowing, not that they've stopped worsening. Nigeria's growth isn't forecast to reach the 3% figure this year or next, so things will in fact continue to get worse for the average Nigerian.

Which recession did they fall out of? They are digging into the mother of all recessions. Watch as they use Niger delta money to dig for oil in Sokoto

TonyeBarcanista:
They are insane

Ijaw-Ipob always wail.

MXrep:

The part in bold is the real news here

The variables are rather positive. Recovery takes processes.

GloriaNinja:
FAKE NEWS

Igbos are fake