By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s REAL GDP is projected to grow from 2.92% in 2024 to 3.3% in 2025, while inflation could decline from 32.5% to 25%, according to the International Monetary Fund (IMF). However, challenges like rising currency circulation and increased money supply continue to pressure the economy. The IMF’s ...
By Jemimah Wellington, JKNewsMedia Reporter NAIRA’s RECENT signs of stability highlight ongoing economic shifts in Nigeria. The International Monetary Fund (IMF) attributes this progress to interest rate hikes and the Central Bank of Nigeria’s (CBN) efforts to clear foreign exchange backlogs. The CBN announced on March 20 the successful settle...
