The World Bank has attributed Nigeria’s record-high inflation between 2015 and 2023 to a series of macroeconomic policy mistakes by the nation’s fiscal and monetary authorities. In its recent Nigeria Development Update (NDU), the global financial institution detailed how these missteps led to inflation peaking at a 28-year high. Before 2015, Nigeria’s inflation rate was … Continue reading World Bank Identifies Five Policy Errors Behind Nigeria’s Soaring Inflation