In Nigeria, economic momentum improved through H1, expanding 3.7%, driven by non-oil activity and rising AfCFTA-linked exports. Inflation eased to 20.1%, prompting the CBN’s first rate cut since 2020, while the naira stabilized below ₦1,500/$.
In Nigeria, economic momentum improved through H1, expanding 3.7%, driven by non-oil activity and rising AfCFTA-linked exports. Inflation eased to 20.1%, prompting the CBN’s first rate cut since 2020, while the naira stabilized below ₦1,500/$.
© Copyright 2024 Certari