December 15, 2022/World Bank Group Nigeria’s economic performance has weakened since the previous Nigeria Development Update (NDU) was published in June 2022 under the title of “The Continuing Urgency of Business Unusual”.  The global economic environment has weakened. Economic activity in most major economies has slowed in 2022 amid high […]

(Credit: Brendan Hoffman/IMF Photos) Inclusive growth Greater integration into economies and labor markets would benefit Europe and refugees December 15, 2022/IMFBlog By Nicolo Bird and Neree Noumon Almost 8 million refugees have fled Ukraine since Russia’s invasion in February, Europe’s largest refugee wave since World War II, with the majority of those now […]

December 15, 2022/Cordros Report The November 2022 inflation report recently released data by the National Bureau of Statistics (NBS) showed that the headline inflation rose by 38bps to 21.47% y/y – remaining at its highest point since September 2005. Decomposing the breakdown provided, price pressures were significant across the food […]