… FG expects 3.67% GDP growth
Inflationary pressures are expected to decline to 21.4 percent in 2024, driven by inflation targeting of the Central Bank of Nigeria (CBN).
Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) disclosed this during the launch of The Nigerian Economic Summit Group (NESG) macroeconomic outlook report for 2024 titled ‘Economic Transformation Roadmap,Medium-Term Policy Priorities,’ which took place in a hybrid format in Lagos.
Read also: Nigeria on point of stability says Cardoso
He said the projections for the nation’s economy, paints an optimistic trajectory as the Federal Government of Nigeria anticipates real GDP growth of 3.67 percent.
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
