Inequalities and sufficient conditions that lead to exponential stability of the zero solution of the variable delay nonlinear Volterra difference equation\(\begin{eqnarray*}x(n+1)=a(n)h(x(n))+\sum^{n-1}_{s=n-g(n)}b(n,s)h(x(s))\end{eqnarray*}\) are obtained. Lyapunov functionals are constructed and employed in obtaining the main results. A criterion for the instability of the zero solution is also provided. The results generalizes some results in the literature.