Nigeria’s budget deficits fueling naira depreciation, CBN study finds
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Nigeria’s rising budget deficits are a major driver of exchange rate depreciation and exert delayed upward pressure on interest rates, according to a study published in the Central Bank of Nigeria (CBN) Journal of Applied Statistics.
The post Nigeria’s budget deficits fueling naira depreciation, CBN study finds appeared first on Nairametrics.
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About this article
- Length
- 52 words · 1 min read
- Published
- November 4, 2026
- Byline
- Olalekan Adigun
- Source
- Nairametrics