1 29 Business Oil DependenceCausedNaira Devaluation-
The peril of continuous reduction or withdrawal of the foreign reservecan triggerdevaluation of naira
All necessary steps should be taken by Central Bankto preventdevaluation of the Naira
a desperate bidto preventnaira from devaluation
the implementation of flexible exchange rate policyhas resultedto naira devaluation
intervening heavily in the foreign exchange marketto preventdevaluation of the Naira
The persistent external pressure occasioned by the import - dependence of the Nigerian economyhas resultedin Naira devaluation
The high base impact from FX gains recorded in Q1:2015ledfollowing Naira devaluation
challenges with rising costs brought about by low oil pricetriggeredthe Naira devaluation
fuel scarcity - PPPRAcausedfuel scarcity - PPPRA
fuel scarcity - PPRA March 3rd , 2015causingfuel scarcity - PPRA March 3rd , 2015
importation issues – PPPRA 04 March 2015 , Sweetcrude , Abuja – The Nigerian National Petroleum Corporationcausedimportation issues – PPPRA 04 March 2015 , Sweetcrude , Abuja – The Nigerian National Petroleum Corporation
to a further spike in CPI inflation , which rose to a six - year high of 15.6 % incould leadto a further spike in CPI inflation , which rose to a six - year high of 15.6 % in
to a further spike in inflation , which rose to a six - year high of 15.6 per cent incould leadto a further spike in inflation , which rose to a six - year high of 15.6 per cent in
to hyper - inflation because when the import is higher , for the country that largely depends on importation , it would lead to increase in price of goodswould leadto hyper - inflation because when the import is higher , for the country that largely depends on importation , it would lead to increase in price of goods
to hyper - inflation because when the import is higher , for the country that largely depends on importation , importation would lead to increase in price of goodswould leadto hyper - inflation because when the import is higher , for the country that largely depends on importation , importation would lead to increase in price of goods
to hyperinflation because when the import is higher , for the country that largely depends on importation , it would lead to increase in price of goodswould leadto hyperinflation because when the import is higher , for the country that largely depends on importation , it would lead to increase in price of goods
an economic disaster for the country ... urging Buhari not to yield to pressure to devalue the currencycould triggeran economic disaster for the country ... urging Buhari not to yield to pressure to devalue the currency
Nigeria ’s Economy To Fall Into RecessionCausedNigeria ’s Economy To Fall Into Recession
raw material inputs(passive) caused byraw material inputs
in more systemic crisis in the country and throw Nigerians into more economic hardshipwould resultin more systemic crisis in the country and throw Nigerians into more economic hardship
bridge dollar shortages(passive) caused bybridge dollar shortages
rising cost of consumer items and job losses(passive) caused byrising cost of consumer items and job losses
to a chain of reactions , many of which may not have the appropriate resultswill leadto a chain of reactions , many of which may not have the appropriate results
in an unrealised exchange loss amounting to about N28 billionresultingin an unrealised exchange loss amounting to about N28 billion
in an un - realised exchange loss amounting to about N28 billion arising from dollar borrowings which at the first time of the devaluation consisted of USD310 million shareholder loans and USD85 million external loansresultingin an un - realised exchange loss amounting to about N28 billion arising from dollar borrowings which at the first time of the devaluation consisted of USD310 million shareholder loans and USD85 million external loans
to a consumer recession , a collapse in profits in companieswill leadto a consumer recession , a collapse in profits in companies
drug shortagecausingdrug shortage
in a 2:1 ratio instead of the 3:1 ratio that existed ( Naira : FCFA ) before the crashhas resultedin a 2:1 ratio instead of the 3:1 ratio that existed ( Naira : FCFA ) before the crash
more millionaire - exportersis creatingmore millionaire - exporters
the reduction in revenue(passive) caused bythe reduction in revenue
for instancehas ledfor instance
imported raw materials(passive) caused byimported raw materials
problems for contracts already awardedwill createproblems for contracts already awarded
17 % rise in cocoa price in one monthcauses17 % rise in cocoa price in one month