Nigeria Jan 2, 2025 News Digest

Nigeria sees heightened political tensions in Edo, significant economic reform announcements, and crucial judicial appointments, shaping the nation's trajectory in early 2025.

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Business & Economy

President Tinubu has launched the National Credit Guarantee Company to address economic challenges, though experts warn its success depends on broader economic stabilization policies.

- naija247news.com

Federal government borrowing through the FGN Savings Bond surged by 151% in 2024, with investors attracted by high returns amidst economic uncertainty.

- leadership.ng

The naira depreciated by 41% in 2024 due to high dollar demand and limited foreign exchange inflows, though recent interest rate hikes show signs of stabilization.

- punchng.com