Economics, Econometrics and Finance
4 years ago

Inflation in Nigeria threatens economic growth, urgent policy changes needed.

AN EMPIRICAL ANALYSIS OF THE IMPACT OF INFLATION ON ECONOMIC GROWTH IN NIGERIA
Victor Arome

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The article examines how inflation affects economic growth in Nigeria. It finds that high inflation is caused by too much money chasing too few goods, leading to rising prices. The study suggests that increasing investment, money supply, and enforcing monetary policies can help control inflation and boost economic growth.