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Topic: IMF Projects 22% Inflation Rate For Nigeria In 2022  (Read 1088 times)

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IMF Projects 22% Inflation Rate For Nigeria In 2022
« on: May 31, 2022, 07:08:28 AM »
IMF Projects 22% Inflation Rate For Nigeria In 2022

The International Monetary Fund (IMF) has said it expects Nigeria’s inflation figure to rise to between 18 and 22 per cent in 2022 following the rise in food and energy prices. The Central Bank of Nigeria (CBN) had  last week raised interest rate by 150 basis point to tame inflationary pressure arising from insecurity and […]

Source: IMF Projects 22% Inflation Rate For Nigeria In 2022

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