Inflation in Nigeria Predicted to Hit 30% by December 

Stears has announced that Nigeria’s inflation rate may rise to 30 per cent by December 2023. <br />The data Provider projected that Nigeria’s annual inflation rate is set to climb steadily until year-end, culminating at around 30 per cent, a level not attained since the country’s modern democratic era. <br />The firm stated that its forecasts are based on trusted econometric tools that consider a myriad of factors driving inflation, from general to country-specific dynamics. <br />Stears’ Head of Insights, Fadekemi Abiru, says the exchange rate premium is expected to keep widening and exert further inflationary pressures unless there is significant dollar inflows into the economy.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>