Friday, September 17News That Matters

Nigeria’s recovery from pandemic is on but there’s one problem

By Emma Ihedirionye
Nigeria’s near-term economic growth is made more uncertain by high inflation which is affecting business sentiments and consumer purchasing power. The Nigerian economy is expected to grow by 1.5 percent in 2021 as the impact of the lockdown in 2020 fades but high inflation could thwart economic recovery, according to a report by the Economist Intelligence Unit (EIU).

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