In its April 2023 Macro Poverty Outlook, the World Bank listed an increase; tightening monetary policies to reduce inflation, unifying the multiple foreign exchange windows and adopting a single, market-responsive exchange rate.
According to the global lender, oil price booms have previously supported the Nigerian economy, but that has not been the case since 2021.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2025 All Rights Reserved | Curated and Powered by Nigeria DNA
