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 Sourcesource: tradingeconomics.com
Foreign Reserves
Foreign Reserve Data Sourcesource: tradingeconomics.com