Nigeria’s inflation is projected to slow to the single-digit range within the next three years, according to the Nigerian Economic Summit Group. That will mark the first time in over five years as Africa’s most populous nation continues to grapple with prices still at double digits.
The group also anticipates Nigeria’s gross domestic product (GDP) to expand by 5.5 percent in 2026, while inflation is expected to stabilize at 16 percent by the end of this year.
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