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Monday 23 August 2021

Inflation and unemployment – the looming economic trap

Inflation and unemployment – the looming economic trap: By Bismack Rewane Over 7 million Nigerians lost their jobs due to inflationary pressures in 2020, taking the total number of poor people in the country to over 83 million (40 percent of the total population). Inflation hit a four-year peak in March. Driven by the effects of COVID-19, it rose to ...

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