Cash Crunch, Elections, Inflation: A Cursory Glance at Nigeria’s Macroeconomic Outlook – Q1 2023
In the first quarter of 2023, Nigeria’s macroeconomic environment was characterized by a cash crunch that was largely attributed to the transition to a cashless economy and the forthcoming election. The scarcity of cash led to a decline in economic activity as businesses struggled to access credit and pay their bills. Economic activity was subdued, […]