Investor Presentaiton
CONFIDENTIAL
Nigeria Overview: Monetary and External Sector Indicators
The Government's fiscal and monetary reforms have
contributed to inflation (28.92% as of December
2023) and the depreciation in the value of the local
currency. These are mainly transitory and necessary
to put Nigeria on a sustainable fiscal trajectory and
economic growth path.
Monetary Policy Rate (MPR)/Inflation Rates (2018-2023)
(%)
35
30
25
20
15
21
10
5
0
2018
2019
2020
2021
2022
2023
MPR
Inflation
SOURCE: CENTRAL BANK OF NIGERIA and NATIONAL BUREAU OF STATISTICS
8
| Private & Confidential
Naira (N) Dollar ($)
1200
1000
800
600
400
200
0
BANK OF INDUSTRY
...transforming Nigeria's industrial sector
Exchange Rate - Naira (N) - Dollar ($) (2018- December 31, 2023)
2018
2019
2020
2021
2022
2023
SOURCE: CENTRAL BANK OF NIGERIA
USD ($) 'Billion
2018
External Reserves (2018 – December 31, 2023)
SOURCE: CENTRAL BANK OF NIGERIA
2019
2020
2021
2022
2023View entire presentation