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.” An e-commerce platform, Sellers Mart, has made commitment to empower local businesses, drive economic growth and showcase the innovative products of Nigerian entrepreneur.The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria may not rein in inflation as anticipated by analysts.
A new report commissioned by the Advertising Regulatory Council of Nigeria said Nigeria's marketing communications spending would reach N893 billion by 2028.
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