The chief executive officer of Financial Derivatives Company, Bismarck Rewane, has predicted that 2025 will be a better year economically than 2024 for Nigeria.
Rewane however noted that the easy part of 2025 for Nigeria will not be without a struggle.
He disclosed this while speaking with the newsmen on Wednesday, 18th of December 2024.
He said:
“2025 is going to be better than 2024. But not without a struggle. And what do we have to see: Major inflationary drivers will be abating. “
“We are not going to be getting to 15% as expected but we should probably be around 25%, which is good from 35%.
“Petrol price, we think would be flatter at N1,200/l. Diesel price could fall to N950-N1000/l. Thanks to Dangote for producing a lot of diesel.
“Naira will appreciate and be stable at N1,550-N1,500/$.
“But generally speaking, 2025 will not be as hard as 2024.” [CONTINUE READING HERE]>>>>
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