Welcome to 9jaflaver

HOME | MUSICS | FREEBEAT | VIDEOS | NEWS | TECHS | JOKES | COMEDY VIDEOS | CONTACT US

Celebrity News | 9ja foods / recipes | 9ja Musics | 9ja News | Education | Fashion | Football Updates | Freebeats | Lifestyle | Funny Photos

Like us on facebook | Follow us on twitter

You Can Email Us:- 9jaflaver@gmail.com

Follow Us On Instagram Here

Contact Us:-
Whatsapp:-+2348114624972  Call:-+2349076241148

Upcoming Artistes:- Promote your music on 9jaflaver Here

Music Artistes!! Join 9jaflaver Music Artistes Group (Rap, Singers, Artiste Group) - Get In Here



« | »

Nigeria’s Inflation Rises To 17.9% In September – NBS


Nigeria’s Inflation Rises To 17.9% In September – NBS

Oct 14 Annual inflation in Nigeria accelerated in September to 17.9 percent, a more than 11-year high and the eighth monthly rise in a row, highlighting the economic crisis in Africa’s most populous nation.

The rise from 17.4 percent in August reflected higher prices for electricity, kerosene, transport and food, a separate index for which rose to 16.6 percent from August’s 16.4 percent, the National Bureau of Statistics (NBS) said on Friday.

“During the month, the highest increases were seen in clothing materials, shoes, books and stationeries,” the NBS said in a statement.

Nigeria, Africa’s biggest energy producer, has seen its economy slide into recession for the first time in 25 years, largely due to the impact of low oil prices. Crude oil sales account for 70percent of government revenue.

These problems have been exacerbated by a spate of militant attacks this year that have cut oil output and a dollar shortage on the currency markets that has frustrated businesses struggling to import raw materials for production.

On Friday the central bank auctioned a two-month dollar forwards to clear a backlog of demand from airlines, manufacturers and other companies, traders said.

The NBS has revised its forecast for year-end inflation, estimating the index will end at between 17.1 percent and 18 percent, up from 9 percent at the start of the year.

(Reporting by Chijioke Ohuocha; editing by Mark Heinrich)

Reuters

 

Click Here To Comment On This Post

 

Check Out Tekno Yawa Cover By This Amazing Singer With Nice Voice (Get In Here)

Download This New Single By Klinz Montana - Yoga

Let Me Introduce You To This Female Talented/Sexy Nigeria Music Artiste (Get In Here)

Listen, and enjoy Davido's new single "If" (Click Here)

Listen And Enjoy This New Song By Yemi Alade - Marry Me

This Singer Did A Cover Of Davido's If And It's Got People Talking (+18 XXX Only)

Music Artistes!! Producers Phonebook:- Phone Number Of Some Producers You Requested

author image
About 9jaflaver owner (Mr Ejump)

Mr Ejump Is the owner/CEO of 9jaflaver, he's an economist, a loving, and friendly young man. CONNECT via:- FACEBOOK TWITTER


Posted by on October 15, 2016.

Categories: 9ja news

There is love in sharing

0 Responses

Don't Just Read A Post And Go, Comment Below To Make The Post Lively

Do You Have Something To Say? Comment In The Box Below

Your Name Below

NOTE:- After Dropping your comment, keep calm, it will take 5mins before it appears.

« | »


9jaflaver Face Of The Week

9jaflaver face of the week

Name:- Ada Ukanwa
Occupation:- Student/Model
Instagram:- Mhixadah
Facebook:- Oluwabukola N Adisa

Wish to be our next face of the week, send your pics, instagram, bbm pin to us via whatsapp:- 08114624972

9jaflaver Music Of The Week

9jaflaver music of the week

Klinz Montana - Yoga (Prod By Dr Kris)y



Advertise | About Us | Privacy Policy | Contact Us | Content Removal | DMCA

Like us on facebook | Follow us on twitter
Copyright © 2016 9jaflaver
Powered By: 9jaflaver