GDP crashed to 2.3% in Q1 over cash shortage – NBS

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The cash scarcity caused by the naira redesign policy of the Central Bank of Nigeria has pushed Nigeria’s Gross Domestic Product growth below global projections of the World Bank, International Monetary Fund and the African Development Bank. The World Bank said that the Nigerian economy would grow by 2.8 per cent in 2023, down from


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source https://punchng.com/gdp-crashed-to-2-3-in-q1-over-cash-shortage-nbs/

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