Nigeria Economic Update Issue No. 46

This short report discusses : the Debt Service Payment that Rose Significantly in the Second Half of 2018, it further talks about the Revenue Projections which declined by 26.3% in the Second Half of 2018, the following heading : Foreign Reserve Decline for the 5th Consecutive Time in November 2018 which discusses the gross official foreign reserves which continued to decline. The heading : Rising Frauds and Forgeries in the Banking Sector discusses the findings in the activity report by the CBN which shows that the banking sector’s total loss to frauds and forgeries amounted to N12.1 billion in the first half of 2018. Finally the quarterly and monthly indicators are listed.