elujah1:

Remember, the same was said about the last administration.

Olaniyi323:
Nice one, I like what I just read

Taich:

....................

Reporting by MacDonald Dzirutwe And Anandita Mehrotra; Editing by Shinjini Ganguli

https://www.reuters.com/world/africa/moodys-upgrades-outlook-nigeria-positive-2023-12-08/

Economics 101. The basics, gather your own data from the street and make an informed decision. The prices of basic staples such as garri, rice, indomie, beans, cooking oils, bread etc are far beyond the average salary thus making it impossible for an average household to have a substantial disposable income. So the people are poorer, companies are shutting down due to high cost of doing business which was previously cushioned by higher turnover, lower sales volume because of lower disposable income is helping.

The jamboree lifestyle of those in charge is not helping matters too, I will never invest in a company whose CEO is living above their income, that is a recipe for disaster, I wish to disagree with this report because of my facts and will visit here by March 2024 to compare results.

For those who doesn't understand, remember same international media reported that the true value of the Naira is less than 700 to a dollar but today it is over a thousand official rate. When an administration has a huge budget for media, expect false news,empty headed attack dogs and false hopes at a scale never seen. A government that encourages you to look up to tomorrow while they steal your present.

Ikaeniyan0:
The rating is done by moody, not by Reuters. Reuters is just like the likes of Punch, The nation, Dailytrust etc.

elujah1:

Remember, the same was said about the last administration, was even termed baba go slow. Until the impact is felt, all these are mere assumptions.

Catapault:


Too bad for them sha.

I can't remember when last Nigeria's outlook was rated 'Positive'.

Surely this is a good omen?

Seefinish:
This is not from Reuters but from IPOB. Under the leadership of the first class accountant of the Chicago State University, the Nigeria economy is the best and anybody saying otherwise is a fool. Nigerians are enjoying

MadamExcellency:


Do you even know what confusion you read? It says:

The agency also affirmed its "Caa1" long-term foreign currency and local currency issuer ratings.

You are not knowledgeable enough to interpret the publication hence you are jumping up and down even when dey use jargon finish una.

Ikaeniyan0:
The rating is done by moody, not by Reuters. Reuters is just like the likes of Punch, The nation, Dailytrust etc.

Wainey:
no inflation will keep rising till mid next year before every start dropping.

The inflation was expected

Taich:

....................

Reporting by MacDonald Dzirutwe And Anandita Mehrotra; Editing by Shinjini Ganguli

https://www.reuters.com/world/africa/moodys-upgrades-outlook-nigeria-positive-2023-12-08/

Economics 101. The basics, gather your own data from the street and make an informed decision. The prices of basic staples such as garri, rice, indomie, beans, cooking oils, bread etc are far beyond the average salary thus making it impossible for an average household to have a substantial disposable income. So the people are poorer, companies are shutting down due to high cost of doing business which was previously cushioned by higher turnover, lower sales volume because of lower disposable income is helping.

The jamboree lifestyle of those in charge is not helping matters too, I will never invest in a company whose CEO is living above their income, that is a recipe for disaster, I wish to disagree with this report because of my facts and will visit here by March 2024 to compare results.

For those who doesn't understand, remember same international media reported that the true value of the Naira is less than 700 to a dollar but today it is over a thousand official rate. When an administration has a huge budget for media, expect false news,empty headed attack dogs and false hopes at a scale never seen. A government that encourages you to look up to tomorrow while they steal your present.

Taich:

....................

Reporting by MacDonald Dzirutwe And Anandita Mehrotra; Editing by Shinjini Ganguli

https://www.reuters.com/world/africa/moodys-upgrades-outlook-nigeria-positive-2023-12-08/

Economics 101. The basics, gather your own data from the street and make an informed decision. The prices of basic staples such as garri, rice, indomie, beans, cooking oils, bread etc are far beyond the average salary thus making it impossible for an average household to have a substantial disposable income. So the people are poorer, companies are shutting down due to high cost of doing business which was previously cushioned by higher turnover, lower sales volume because of lower disposable income is helping.

The jamboree lifestyle of those in charge is not helping matters too, I will never invest in a company whose CEO is living above their income, that is a recipe for disaster, I wish to disagree with this report because of my facts and will visit here by March 2024 to compare results.

For those who doesn't understand, remember same international media reported that the true value of the Naira is less than 700 to a dollar but today it is over a thousand official rate. When an administration has a huge budget for media, expect false news,empty headed attack dogs and false hopes at a scale never seen. A government that encourages you to look up to tomorrow while they steal your present.

The reforms have been welcomed by investors, but unions say they led to soaring costs while inflation has been in double-digits in Nigeria since 2016, further eroding savings and incomes.

"These policy changes, and those potentially to come, have raised the prospects of a fiscal and external improvement in the country's credit profile," Moody's said in a statement.

Catapault:
I keep telling people that this country is destined for greatness.

The world sees it.

And once Nigeria rises, Africa rises.

seunmsg:
They can see the good times are coming already.

seunmsg:
They can see the good times are coming already.

Basic123:


OKPE OF ARISETV WILL NEVER USE THIS AS THUMBNAIL ON YOUTUBE.

REUBEN ABATI AND OSENI RUFAI WILL NEVER MAKE THIS A TOPIC


ALL IPOBDIENT MASQUERADING AS YOUTUBER WILL NEVER ESCALATE THIS

Ballmer:
So henceforth we should not take cognisance of Reuters rating or we should not take cognisance of it only now that Tinubu is the president. Pls explain how foolish n pathetic you n your comment is to the entire world.

Taich:

....................

Reporting by MacDonald Dzirutwe And Anandita Mehrotra; Editing by Shinjini Ganguli

https://www.reuters.com/world/africa/moodys-upgrades-outlook-nigeria-positive-2023-12-08/

Economics 101. The basics, gather your own data from the street and make an informed decision. The prices of basic staples such as garri, rice, indomie, beans, cooking oils, bread etc are far beyond the average salary thus making it impossible for an average household to have a substantial disposable income. So the people are poorer, companies are shutting down due to high cost of doing business which was previously cushioned by higher turnover, lower sales volume because of lower disposable income is helping.

The jamboree lifestyle of those in charge is not helping matters too, I will never invest in a company whose CEO is living above their income, that is a recipe for disaster, I wish to disagree with this report because of my facts and will visit here by March 2024 to compare results.

For those who doesn't understand, remember same international media reported that the true value of the Naira is less than 700 to a dollar but today it is over a thousand official rate. When an administration has a huge budget for media, expect false news,empty headed attack dogs and false hopes at a scale never seen. A government that encourages you to look up to tomorrow while they steal your present.

Originality007:
Most Nigerians are so gullible sa, U saw just ordinary newspaper report, U quickly begin to hail politicians that has fool u for decades with promises, den turn it to tribal fight..

my prayers is for the things to turn to good in this country, because am really feeling the effects of the hardship. but I will praise and thanks giv wen I begin to see the improved physical effects on The table, Not all this newspaper report.

They said BUA cement has reduce the price, up till now, is still same old price.

spinna:


The aura, mannerisms and actions of the two regimes are very different

Tinubu hit the ground running with his inaugural speech.. the main statement of the speech was "subsidy is gone"

Buharis first speech he said he is for everyone and no one (whatever that means)

I get your point though About not raising hopes on politicians ,, but still TNB so far has been better that BHR

SmartyPants:




The report clearly points out that there have been immediate challenges for the common man. The difference is that when you have a true understanding of economics, you don't fixate on the present in analysing the future.

spinna:
Jagaban is doing it slowly and surely ..

Fujiyama:


Damning with faint praise.

"Caa" ratings are even lower than speculative grade. To be blunt, a "Caa" rated security is a junk bond.

coleon:

Lol, is this a joke?
Tinubu is better than Buhari? How please?
What was dollar rate in Buharis time and what's the rate now?
What about bag of rice then and now?
What is the price of a flight ticket then and now?
What is the cost of governance in Buharis time and what is Tinubu planning on to spend on SUVs now?
You must be very blind to reality to say Tinubu is better than Buhari.
Tinubus government is 50 times worse than Buhari.

patrickcollins:
Be giving your self false hope, many said this under Buhari for 8 years