Inflation: Pessimistic forecasts cloud Nigeria’s growth amid structural, monetary hurdles

Sunnewsonline | 21-01-2025 03:01pm |

By Chinwendu Obienyi Nigeria’s economic challenges, compounded by inflation, structural imbalances and monetary pressures, have cast a shadow over its economic outlook. This is because inflation in Nigeria has remained persistently high, driven by increased food prices, high energy costs, and a depreciating currency. In turn, this has eroded household purchasing power and increased the [...]The post Inflation: Pessimistic forecasts cloud Nigeria’s growth amid structural, monetary hurdles appeared first on The Sun Nigeria.

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