• Thursday, January 02, 2025
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BusinessDay

Nine charts showing how Nigerian economy fared in 2024

Naira-graph

The Nigerian economy witnessed a lot of ups and downs with the naira volatility, high inflation and rising interest rates taking the centre stage all through the year.

As the naira weakened against the U.S dollar and prices climbed even higher, the central bank raised borrowing costs, a move that many economists have argued may not be all that effective in controlling stubbornly high inflation.

Here are the 9 major highlights 

Naira