The Nigerian Economy In Data Dec 2023 To Jan 2024

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

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Source: Central Bank of Nigeria (CBN)