Nigeria stands as one of Africa’s largest and most influential economies. Yet, over the past few years, its economic landscape has been anything but stable. Just five years ago, the Naira traded at ₦382 to the dollar—today, it’s pushing past ₦1,500. Inflation surged to 33% in 2024, the highest in nearly three decades, while fuel prices have skyrocketed by more than 900% over the last 10 years.
These numbers highlight the volatility and uncertainty surrounding Nigeria’s economy—and with economic uncertainty comes projections.
Over the last couple of months, GoWagr has given users a platform to trade their beliefs in Entertainment, Sports, Crypto, and Politics.
Today, we’re excited to take it a step further with the launch of Economy Markets — which are now live on GoWagr.
What are Economy Markets On GoWagr?
Economy Markets on GoWagr allow users buy and sell “Yes” or “No” shares on real-world economic events that shape everyday life. Each trade reflects a belief, while market prices reflect the collective sentiment in real-time.
We’re kicking things off with a focus on Nigerian economic trends. This means you can now trade markets like:
- What Will the Official Naira/US Dollar Exchange Rate Be by the End of August?
- Will the National Grid collapse in September 2025?
- Average Unit Price of Imported Rice in Nigeria on September 15, 2025?
- Will CBN Raise MPR Again Before October?
- What Will Be the Total Energy Generated on Monday, September 15, 2025?
Why Does This Matter Now?
Nigeria’s economy has become a major talking point across the country, shaping industries, households, and every Nigerian’s daily life. Inflation continues to climb, the Naira is steadily on the decline, and conversations about the economy are held in communities nationwide.
For a long time, people could only debate and speculate about economic movements often without having enough information to truly understand them. Prediction markets change that.
Economy Markets on GoWagr help everyday Nigerians stay informed about trends, understand how economic forces impact them and potentially profit from their own insights and projections.
How It Works
Trading Economy Markets on GoWagr is simple:
- Download the GoWagr App
Get the app here, log in or create an account. - Tap on “Qalla”
That’s where all prediction markets live — sports, crypto, politics, and now, economy. - Browse Economy Markets
Choose from a wide range of markets — from currency movements, to food prices, and more. - Buy “Yes” or “No” Shares
With as little ₦100, you can back your instincts, research, or projections. Buy “Yes” if you think the outcome will happen, or “No” if you don’t. - Monitor & Sell if Needed
If the market shifts in your favour or your conviction changes, you can sell your shares early to lock in profits or cut losses.
Silence the noise, focus on the truth.
Nigeria’s economy will always be a topic of conversation, touching everyone regardless of class, religion or background. While opinions vary—some more objective than others—Economy Markets on GoWagr provide you access to real-time beliefs backed by capital—and the opportunity to profit from yours.
Nigerians have opinions on the economy. Now GoWagr has the markets that let you trade them.
Download the App to get started.
