Inflation curbs Nigeria’s growth, fuels crime ― World Bank

Tribune Online
Inflation curbs Nigeria’s growth, fuels crime ― World Bank

Surging inflation is undermining the recovery of Africa’s biggest economy, pushing 7 million Nigerians into poverty and encouraging criminality as rising prices deplete already meager incomes, according to the World Bank. Bloomberg reports that in its Nigeria Development Update report, the Washington-based lender projects economic growth of 1.8% this year, compared with a previous estimate […]

Inflation curbs Nigeria’s growth, fuels crime ― World Bank
Tribune Online