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Inflation Rate Rises From 11.14% To 11.23% In August – NBS - Business (2) - Nairaland

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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Bullhari007(m): 1:17pm On Sep 15, 2018
you guys haven't seen anything yet, by the time the lifeless one finish with Nigeria, We will be begging to be at least like Venezuela and Somalia ... Zai Barbar till 2067 cheesy grin tongue

1 Like

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Nobody: 1:18pm On Sep 15, 2018
grin grin grin...Gbammm !
israelmao:


This is the true meaning of inflation a mountain of Akpu chasing little soup.

This is the true meaning of inflation a mountain of Akpu chasing little soup.
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by aleeyus(m): 1:21pm On Sep 15, 2018
Jh0wsef:


the time you typed this for the purpose of booking space is enough for three users to be ahead of you undecided

You're right bro.

I suppose to be third to comment, but end of being 10th .

1 Like

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Nobody: 1:23pm On Sep 15, 2018
Even the Nigerian economy is already missing Kemi Adeosun. cry cry

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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Nobody: 1:27pm On Sep 15, 2018
dazzlingd:
shocked

Are the posters above me shouting buhari just naturally dumb.

Inflation has been on decline and it rises first time in 18 months.

If you must hate, hate with sense


Uhmmm...correct me if I'm wrong. Inflation is a bad thing. If it rises that means there's more of it, thateans more of a bad thing right?

If inflation declines, that means a bad thing has declined.

I hope I'm clear.
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Ofunaofu: 1:28pm On Sep 15, 2018
Does that mean that we are sliding back to recession
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by dazzlingd(m): 1:30pm On Sep 15, 2018
Ioannes:



Uhmmm...correct me if I'm wrong. Inflation is a bad thing. If it rises that means there's more of it, thateans more of a bad thing right?

If inflation declines, that means a bad thing has declined.

I hope I'm clear.

A declining inflation is a good thing...meaning we have been enjoying a decline and this is the first time it rises in 18 months, some credits should be given for the consistency

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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by JacksonOyibo: 1:39pm On Sep 15, 2018
smiley
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Iamzik: 1:40pm On Sep 15, 2018
dazzlingd:
shocked

Are the posters above me shouting buhari just naturally dumb.

Inflation has been on decline and it rises first time in 18 months.

At least it stands to mean that we have been enjoying a declining inflation, some credits should be given for the consistency for over 18 months.

If you must hate, hate with sense

Buhari recession and Inflation be looking at you like....

1 Like

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Princedapace(m): 1:53pm On Sep 15, 2018
This is why you need side hustle online..

Check my profile and read my thread on how to I make money online.. You maybe interested in my training..

1 Like

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by arsenal33: 1:53pm On Sep 15, 2018
kaluxy007:
Wonderful! This is what befalls a nation that elects a President that cannot punch ordinary calculator
I know you want the looters back!
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by GavelSlam: 1:58pm On Sep 15, 2018
A marginal increase after almost 2 years of decline isn't worrisome.

Kudos to the government for containing inflation thus far.

You can always do more but kudos nonetheless.

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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by LordAdam: 2:10pm On Sep 15, 2018
atilla:
When I keep hearing inflation is going down. I don't see the effect in the petrol or commodities I buy. Everything seems to be going up rather than down. Can anyone say they went to buy something and they tell you Oga the price has come down oh in the lest year??

I even prefer the days when inflation was 18 percent. At least we were enjoying 18% interest on treasury bills and other deposits.

It does not mean that inflation is going down. It means the rate at which prices are rising is reducing.

-Lord

3 Likes

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Maket: 2:58pm On Sep 15, 2018
OBAUX01:
Why are things getting worse in this country on dailies?
You believed this report with full force but never accept it when the drop was reported.

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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by pacespot(m): 4:28pm On Sep 15, 2018
I suspect the resignation of Adeosun as the reason for this. Nigerians might not give credit to whom it deserves, but this woman will go down as one of the best finance ministers Nigeria ever had. Inflation curbed due to her prudent financial management. She resigned because of nysc certificate scandal, but Saraki had faced multiple scandals bigger than this but refused to step down.

1 Like 1 Share

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by somehow: 4:50pm On Sep 15, 2018
OBAUX01:
Why are things getting worse in this country on dailies?
I bet you do not even understand what you are commenting on.

11.14 to 11.23, please tell us the effect of the difference!

1 Like 1 Share

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Nobody: 5:25pm On Sep 15, 2018
dazzlingd:


A declining inflation is a good thing...meaning we have been enjoying a decline and this is the first time it rises in 18 months, some credits should be given for the consistency

Exactly my point.
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Swiftboy(m): 5:57pm On Sep 15, 2018
What an insensitive thing to say... All these to support the failing president? Tueh!
dazzlingd:
shocked

Are the posters above me shouting buhari just naturally dumb.

Inflation has been on decline and it rises first time in 18 months.

At least it stands to mean that we have been enjoying a declining inflation, some credits should be given for the consistency for over 18 months.

If you must hate, hate with sense
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Swiftboy(m): 6:00pm On Sep 15, 2018
pacespot:
I suspect the resignation of Adeosun as the reason for this. Nigerians might not give credit to whom it deserves, but this woman will go down as one of the best finance ministers Nigeria ever had. Inflation curbed due to her prudent financial management. She resigned because of nysc certificate scandal, but Saraki had faced multiple scandals bigger than this but refused to step down.
Chai! Inflation that was served us by the same government you are serving. The same inflation Buhari admitted was single digit under Jonathan. You lack good sense of judgement or they have given you BMC allowance.
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by legibow: 6:02pm On Sep 15, 2018
The matter tire me oooo..... Ehn

Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by pacespot(m): 8:36pm On Sep 15, 2018
Swiftboy:
Chai! Inflation that was served us by the same government you are serving. The same inflation Buhari admitted was single digit under Jonathan. You lack good sense of judgement or they have given you BMC allowance.

Let's see who lack a sense of good judgement between you and I, how much was the price of crude oil per barrel when Jonathan was in power, how much when Buhari took office? The inflation we experienced at the beginning of this administration was due to external factors: oil price slump, you can't expect a nation currency that has lost almost 200% of its value against dollar to still be competing with the same value in the domestic market. But for the intervention of finance minister and CBN, international observers expected Nigerian currency to go the Zimbabwe's way or Venezuela's. These two ministries, finance ministry and CBN, stabilized our currency through a highly rigid exchange rate which provided enough time to stir the economy back to normalcy.

So who between you and I lack a sense of good judgement?
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Swiftboy(m): 11:59pm On Sep 16, 2018
To burst your bubbles, Obasanjo had low crude oil price and we still have enough saved. Buhari and you BMC hate this country. The idea that government must have all the moneys in the world shows you and President Buhari knows nothing about economic growth. Growing the economy is simply by allowing private sector to thrive. Low exchange rates can be a good thing if government knows what to do. China dropped their exchange rates.
The idea that the only money set can made can only come from oil shows ignorance, what about great Britain that don't have crude oil? Influx of investments is what grows an economy. Do you know how much economic activities those European countries grinds from football alone? Guess what?
Government is not directly involved, they only regulate it. OK keep on defending mediocrity, as for me and other sensible Nigerians, wears ready to #takeitback
pacespot:


Let's see who lack a sense of good judgement between you and I, how much was the price of crude oil per barrel when Jonathan was in power, how much when Buhari took office? The inflation we experienced at the beginning of this administration was due to external factors: oil price slump, you can't expect a nation currency that has lost almost 200% of its value against dollar to still be competing with the same value in the domestic market. But for the intervention of finance minister and CBN, international observers expected Nigerian currency to go the Zimbabwe's way or Venezuela's. These two ministries, finance ministry and CBN, stabilized our currency through a highly rigid exchange rate which provided enough time to stir the economy back to normalcy.

So who between you and I lack a sense of good judgement?
for crying out loud... Private sector drives our gdp not the government but your pay Master made investment into the country difficult through draconian policy. How about that as a debunk of your blame on crude oil prices. Comparing us to Venezuela, a socialist government. Wake up already.

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