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CBN projects 11.7% inflation end 2019, GDP to grow by 2.5% in Q4

...to grow non-oil export earnings to $4bn by 2020

The Central Bank of Nigeria (CBN) on Friday projected inflation to increase slightly by 11.7 percent by the end of 2019 from 11.6 percent currently, and then moderate thereafter supported by the apex bank’s efforts at improving domestic production of staple food items. Also, the current tight monetary policy stance of the CBN is expected…



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