2025 holds out the prospect of much more stable economic conditions than either 2023 or 2024
2025 holds out the prospect of much more stable economic conditions than either 2023 or 2024 Since mid 2023 the monetary authorities and the Federal Government have implemented policies to tackle inflation and to stabilize the currency.
The effects of these policies have not been immediate Inflation has risen from 28 20 year on year in November 2023 to 34 60 y/y in November 2024 The Naira, whose US dollar value fell 49 1 in 2023 has fallen by a further 41 0 in 2024 as of 27 December The performance of such metrics demands patience from those suffering their effects.
