Analysis of Nigeria's key economic indicators from 2015 to 2024 using Python, including inflation, exchange rate, GDP growth, oil prices, and foreign reserves.
# Nigeria Economic Indicators Analysis 2015-2024
## Overview
An analysis of Nigeria's key economic indicators from 2015 to 2024,
including inflation, exchange rate, GDP growth, oil prices, and foreign
reserves.
## Key Findings
1. When the Naira weakens, the price of importation becomes more expensive,
resulting in higher inflation values. A correlation of 0.94 reflected this relationship.
2. The GDP growth of Nigeria is heavily tied to the price of oil, expressed
in a positive correlation of 0.78 between oil prices and national GDP growth.
## Data Source
Data sourced from Central Bank of Nigeria (CBN), National Bureau of
Statistics (NBS), and World Bank published records.
## Tools
- Python 3
- Pandas
- Matplotlib
## Files
- `project3-economic-indicators.ipynb` — Main analysis notebook