Report Predicts Drop in Inflation, New Exchange Rate by Year End

Report Predicts Drop in Inflation, New Exchange Rate by Year End …C0NTINUE READING HERE >>>

According to a recent analysis by Norrenberger, Nigeria’s inflation is predicted to decline by the end of 2024According to the company’s projections, the exchange rate will be N1,100 to $1 in the best-caseA lack of infrastructure, high energy costs, among other factors are the main drivers of inflation

Norrenberger Group, a financial services company has projected that as efforts by both monetary and fiscal authorities strengthen, Nigeria’s inflation is expected to drop by the end of 2024.

The most detrimental effects of growing interest rates were felt by those who made the…

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