GOOD NEWS: President Buhari finally moves Nigeria out of recession, as economy grows stronger

 President Muhammadu Buhari-led federal government has finally moved Nigerian economy out of recession according April Sales Managers’ Index (SMI) data by World Economics. According to the report, the economy has seen a steady growth in the past few months. The London-based organisation dedicated to producing financial analysis, insight and data relating to questions of key importance to the world economy declared on Tuesday despite negative growth that oversaw the death of many business that the country's economy is out of recession, but “conditions remain difficult for businesses.” “Price inflation for April, which is tracked by the Prices Charged Index, remained high at 58.7 - indicative of high levels of inflation, however a slowing trend has developed The Market Growth Index grew to 58.5 in April as the monthly Sales Growth Index ticked up to 56.7, its highest value since 2015 and representative of rapid growth

Comments

Popular posts from this blog

BBNaija Bisola joins Jenifa’s Diary cast

Update! Police recovers more body parts as man caught with a woman's decapitated head and hands takes them to his slaughtering ground (Graphic Photos)

2 Nigerians arrested in London for Internet fraud