The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN) may not rein in inflation as anticipated
The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria may not rein in inflation as anticipated by analysts. In its recent report titled ‘Global Economic Prospects’ on the outlook for 2024 and 2025, the World Bank The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria may not rein in inflation as anticipated by analysts.
The report said: “After the macroeconomic reforms’ initial shock, conditions are expected to improve, resulting in sustained, but still-modest growth in non-oil economy. In addition, the oil sector is expected to stabilise as production recovers.” Tributes poured in on Tuesday night as family members, colleagues, friends, well-wishers, top government officials, captains of industries, clergymen, traditional rulers, and people from all walks of life, gathered in Enugu in honour of the late former Senator representing Enugu North Senatorial zone, Ayogu Eze.
YIAGA Africa has sought a recommitment to democratic ethos and principles, strengthening of institutions and promotion of political education among the people. In a statement, yesterday, the Executive Director, Samson ItodoThe Ondo State House of Assembly has applied to the Supreme Court to be joined in the case filed by the Federal Government on local council autonomy.
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