The World Bank says inflation pressures are expected to remain high in Nigeria, after the last print out for February was recorded at 17.3 per cent, which was the highest since April 2017. However, the World Bank also notes that Nigeria’s private sector activity is showing signs of a rebound as the PMI for February rose to 52 points. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more.
World Bank expects Nigeria’s inflation pressures to remain high
PUBLISHED: Tue, 06 Apr 2021 11:57:47 GMT