Nigerian Consumers Spending

The Nigerian consumers spending, just like in any other economy, can be an indicator of increasing or decreasing wealth of the economy. If people have more disposable funds, they may end up spending on thinks they don’t necessarily need.

  • Foreign Exchange (NGN/USD, NGN/GDP, NGN/EUR, NGN/JYN, NGN/CNY)
  • CBN Interest Rates ( Factor for lending to the real sector of economy)
  • Foreign Reserve
  • CPI
  • Imports
  • Local Manufacturers

Foreign Exchange – NGN/USD

Central Bank of Nigeria – Interest Rates

CBN Interest Rates Data Source
source: tradingeconomics.com

Foreign Reserves

Foreign Reserve Data Source
source: tradingeconomics.com

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