By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s FOREIGN reserves fell below the critical $40 billion mark for the first time since June 2024, dropping to $39.991 billion on 23 January 2025. This marked a decrease from $40.035 billion recorded on 20 January 2025, according to data from the Central Bank of Nigeria (CBN). Economic analysts...
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 ...
