GDP and Population | FX Scarcity | |||||||||
Inflation | ||||||||||
Unemployment | ||||||||||
Growth | ||||||||||
Nigeria External reserve (bn $)
Jan'21 | Jun'21 | Dec'21 |
NGN for
1$
380 410 412
- GDP growth rate still challenged due to sub-optimal foreign direct investment inflows, economic instability, high unemployment and infrastructure deficiencies.
- Forex Scarcity Challenges.
- Oil revenue deficits driving scarcity of FX.
- Heightened pressure on manufacturers on sourcing.
-
- Inflation Pressure on COGs.
- Supply chain bottle necks.
- Unemployment especially amongst the youth expected to climb in the coming term.
- Security challenges still persist in the country especially in the Northern and Eastern region.
CBN Website, NBS,EIU,*FDC Think Tank and Bloomberg
WITHIN STOUT | MAINSTREAM | PREMIUM SPIRITS | MALTS & RTDS |
SPIRIT |
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Guinness Nigeria plc published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 13:12:09 UTC.