TheWhistler
In 2024, Nigeria grappled with significant inflationary pressures that tested the resilience of its economy and the efficacy of the Central Bank of Nigeria’s monetary policy. As of mid-2024, the country’s inflation rate surged to a 28-year high, with November figures reaching 34.6 per cent. This rise was driven by a combination of factors…
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2024 In Review: How Inflation Defied Monetary Policies To Hit 28-Year High
Ifeanyi ONUBA
12:20
In 2024, Nigeria grappled with significant inflationary pressures that tested the resilience of its economy and the efficacy of the Central Bank of Nigeria’s monetary policy. As of mid-2024, the country’s inflation rate surged to a 28-year high, with November figures reaching 34.6 per cent. This rise was driven by a combination of factors…
