FINANCE NEWS

In November 2021, Nigeria’s inflation rate falls to 15.4 percent.

Godwin Emefiele, Governor of the Central Bank of Nigeria, announced that the bank has disbursed N370 billion through its Targeted Credit Facility.

He made the announcement at the 2021 annual Bankers’ Committee retreat in Lagos, which had the theme ‘Building resilience for economic growth.’

According to the CBN governor, the CBN’s initiatives helped to spur and support the economy’s recovery and realign general macroeconomic conditions.

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Inflation reaches a 10-year high as energy, fuel, and clothing prices rise.

ALSO, READ In November 2021, Nigeria’s inflation rate falls to 15.4 percent.

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