Here is the outlook of the Nigerian economy in data from Dec 2023 to Jan 2024. The outlook is important as it serves as a guide to planners, economists, industrialists and even journalists.
Anticipated Gross Domestic Product (GDP) Growth Rate -3.76 % (3.75 percent 2023)
-Inflation rate (as at Dec 2023) – 28.92%
–Monetary Policy Rate (MPR) (as at Thursday Jan 25, 2023) 18.75 %
–Crude oil price in USD (as at Thursday Jan 25, 2024) – 84.41 dollars
READ ALSO: Naira Scarcity: CBN Hammer To Fall On Banks Colluding With PoS Operators
Source: Central Bank of Nigeria (CBN)
Cami Ezenwa is a writer, editor and concepts developer. He has worked with the Daily Times, Daily Independent, Financial Standard and Business Television, to mention a few.
Committed to grooming the next generation of impactful writers, he is an apostle of free flowing prose.
