Monthly Economic Report

From the previous year's end to the new year's start, one thing has been constant: economic rollercoasters. We have witnessed the enforcement of tighter monetary policies in different nations, low economic growth in the US as a result of higher financing costs and one of the worst economic outputs from China due to stringent COVID-19 measures. In Nigeria, fuel scarcity and naira unavailability has dampened production and growth, and has caused hardship for the everyday person. The question everyone has is, "Where are we headed? Is it getting better or worse?"