The Centre for the Promotion of Private Enterprise, CPPE, has projected that Nigeria’s inflation rate may moderate slightly in 2025.
This was announced by the Chief Executive Director of CPPE, Muda Yusuf, in a statement titled Nigeria 2024 Economic Review and 2025 Economy Outlook released on Sunday, December 29, 2024 in Lagos..
The economic think tank group noted that Nigeria’s inflation, which stood at 34.60 percent in November 2024, could cool off in an expected reduction in exchange rate volatility and likely rebound of the naira against the dollar.