Economist Intelligence Unit's Projections for Naira's Exchange Rate and Inflation in 2024

Sunday, 10 March 2024, 10:51

The Economist Intelligence Unit (EIU) forecasts the Naira to hit N2,000 per dollar by 2024, accompanied by high inflation rates and social unrest. This prediction sheds light on potential economic challenges ahead for Nigeria and emphasizes the significance of effective monetary policies.
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Economist Intelligence Unit's Projections for Naira's Exchange Rate and Inflation in 2024

Economist Intelligence Unit's Forecasts

The Economist Intelligence Unit (EIU) has predicted that the naira will surge to N2,000 per dollar by 2024. This projection is driven by anticipated inflation spikes and concerns of social unrest in the region. The report highlights the impact of these factors on economic stability and the crucial role of monetary policies in mitigating risks.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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