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Nigeria Nigeria
Nigeria

Nigeria

Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of 923,769 square kilometres (356,669 sq mi). With a population of more than 230 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC marking the first internal unification. The modern state originated with British colonialization in the 19th century, taking its present territorial shape with the merging of the Southern Nigeria Protectorate and the Northern Nigeria Protectorate in 1914. The British set up administrative and legal structures while practicing indirect ru... [More]
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Nigeria Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
ZAR/NGN Ask 95.254 95.2829 95.229 95.3782 0.04 0.04% 2024/11/05 Time 5:04
GBP/NGN Ask 2129.283 2128.741 2128.692 2145.227 0.86 0.04% 2024/11/05 Time 5:03
USD/NGN Ask 1668.26 - 1667.41 1668.26 0.00 0.00% 2024/11/05 Time 3:16
NGN/XOF Ask 0.3742 - 0.3742 0.3742 0.00 0.43% 2024/11/05 Time 0:17
EUR/NGN Ask 1796.4 - 1796.4 1796.4 0.00 0.00% 2024/11/04 Time 16:14
NGN/JPY Ask 0.3135 - 0.3099 0.3135 0.00 0.00% 2022/06/01 Time 22:21

Nigeria Indices

Indicator Value Previous Low High Change Change % Time Chart
NSE 30 3673.74 - 3666.87 3675.79 0.00 0.00% 2024/11/04 Time 17:40
NSE All Share 96907.98 - 96720.4 97265.68 0.00 0.00% 2024/11/04 Time 17:40

Nigeria Stocks

Indicator Value Previous Low High Change Change % Time Chart
Coronation Insurance PLC 0.95 - 0.95 1.01 0.00 0.00% 2024/11/04 Time 18:44
CWG PLC 6.05 - 6 6.05 0.00 0.00% 2024/11/04 Time 18:44
Daarcomm 0.62 - 0.62 0.65 0.00 0.00% 2024/11/04 Time 18:44
Dangote Cement PLC 478.8 - 431 478.8 0.00 0.00% 2024/11/04 Time 18:44
Dangote Sugar Refinery PLC 30.8 - 30.05 30.8 0.00 0.00% 2024/11/04 Time 18:44
Ellah Lakes PLC 3.6 - 3.6 3.78 0.00 0.00% 2024/11/04 Time 18:44

Nigeria Bonds

Indicator Value Previous Low High Change Change % Time Chart
Nigeria 2Y 26.059 - 26.059 26.059 0.00 0.00% 2024/11/02 Time 20:00
Nigeria 3Y 19.899 - 19.899 19.899 0.00 0.00% 2024/11/02 Time 20:00
Nigeria 4Y 19.914 - 19.914 19.914 0.00 0.00% 2024/11/02 Time 20:00
Nigeria 5Y 20.014 - 20.014 20.014 0.00 0.00% 2024/11/02 Time 20:00
Nigeria 7Y 20.413 - 20.413 20.413 0.00 0.00% 2024/11/02 Time 20:00
Nigeria 10Y 20.794 - 20.794 20.794 0.00 0.00% 2024/11/02 Time 20:00

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
4128274 24 Jun 1716707 NGN Million
CPI Housing Utilities
634 24 Sep 619 points
CPI Transportation
672 24 Sep 653 points
Capacity Utilization
60 24 Jun 56.7 percent
Capital Flows
2809 24 Jun -4756 USD Million
Cash Reserve Ratio
45 24 Sep 45 percent
Changes in Inventories
99227 23 Dec 98784 NGN Million
Composite PMI
46.9 24 Oct 49.8 points
Consumer Price Index CPI
804 24 Sep 784 points
Consumer Spending
11142677 23 Dec 11301048 NGN Million
Core Consumer Prices
616 24 Sep 604 points
Core Inflation Rate
27.43 24 Sep 27.58 percent
Corporate Tax Rate
30 24 Dec 30 percent
Crude Oil Production
1324 24 Sep 1352 BBL/D/1K
Currency
1643 24 Nov 1618
Current Account
2660 24 Mar 3350 USD Million
Current Account to GDP
-0.3 23 Dec -0.3 percent of GDP
Deposit Interest Rate
12.08 24 Sep 14.4 percent
Disposable Personal Income
22951536 23 Dec 20741116 NGN Million
Employment Rate
73.2 24 Mar 72.2 percent
Exports
7280672 24 Jun 6592091 NGN Million
External Debt
42120 24 Mar 41595 USD Million
Food Inflation
37.77 24 Sep 37.52 percent
Foreign Direct Investment
238 24 Mar 710 USD Million
Foreign Exchange Reserves
39740 24 Oct 38353 USD Million
Full Year GDP Growth
2.74 23 Dec 3.1 percent
GDP
363 23 Dec 473 USD Billion
GDP Annual Growth Rate
3.19 24 Jun 2.98 percent
GDP Constant Prices
18285019 24 Jun 18278213 NGN Million
GDP Deflator
333 24 Jun 322 points
GDP Growth Non Oil Sector
2.95 24 Jun 2.97 percent
GDP Growth Oil Sector
10.15 24 Jun 5.7 percent
GDP Growth Rate
0 24 Jun -16.1 percent
GDP from Agriculture
4135134 24 Jun 3851887 NGN Million
GDP from Construction
579052 24 Jun 733708 NGN Million
GDP from Manufacturing
1547526 24 Jun 1824139 NGN Million
GDP from Mining
1042809 24 Jun 1165280 NGN Million
GDP from Public Administration
390871 24 Jun 295399 NGN Million
GDP from Services
10744699 24 Jun 10608551 NGN Million
GDP from Transport
135786 24 Jun 216343 NGN Million
GDP from Utilities
213279 24 Jun 77990 NGN Million
GDP per Capita
2460 23 Dec 2450 USD
GDP per Capita PPP
5695 23 Dec 5670 USD
Gasoline Prices
0.63 24 Oct 0.54 USD/Liter
Gold Reserves
21.37 24 Mar 21.37 Tonnes
Government Budget
-6.1 23 Dec -5 percent of GDP
Government Debt to GDP
38.8 23 Dec 38 percent of GDP
Gross Fixed Capital Formation
3499395 23 Dec 2574020 NGN Million
Imports
3152398 24 Jun 4875384 NGN Million
Industrial Production
3.34 24 Mar 3.73 percent
Inflation Rate
32.7 24 Sep 32.15 percent
Inflation Rate MoM
2.52 24 Sep 2.22 percent
Interbank Rate
20.34 24 Oct 23.74 percent
Interest Rate
27.25 24 Sep 26.75 percent
Lending Rate
16.75 24 Sep 17.01 percent
Manufacturing Production
1.51 24 Mar 1.37 percent
Minimum Wages
70000 24 Jul 65000 NGN/Month
Mining Production
6.1 24 Mar 8 percent
Money Supply M0
4311072 24 Sep 4144842 NGN Million
Money Supply M1
35557832 24 Sep 34949935 NGN Million
Money Supply M2
108945392 24 Sep 107182219 NGN Million
Money Supply M3
108954801 24 Sep 107192937 NGN Million
Non Oil Exports
1823453 24 Jun 1455101 NGN Million
Oil Exports
5457219 24 Jun 5136990 NGN Million
Personal Income Tax Rate
24 24 Dec 24 percent
Population
224 23 Dec 218 Million
Private Sector Credit
75845337 24 Sep 74731689 NGN Million
Remittances
5140 24 Mar 4900 USD Million
Services PMI
50.7 24 Aug 50.3 points
Stock Market
96908 24 Nov 97432 points
Terms of Trade
102 24 Jun 102 points
Terrorism Index
7.58 23 Dec 8.07 Points
Unemployment Rate
5.3 24 Mar 5.4 percent
Youth Unemployment Rate
8.4 24 Mar 10.1 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
Balance of Trade 4128274 2400000 2500000 2500000 NGN Million
CPI Housing Utilities 634 675 710 734 760 points
CPI Transportation 672 688 707 724 743 points
Capacity Utilization 60 55 53.5 53.5 percent
Capital Flows 2809 1600 800 800 USD Million
Composite PMI 46.9 51 52 52 points
Consumer Price Index CPI 804 836.94 891.41 922.87 964.92 points
Consumer Spending 11142677 11454672 11499243 11432387 11476958 NGN Million
Core Consumer Prices 616 638.64 667.78 693.17 727.09 points
Core Inflation Rate 27.43 26 23 20 18 percent
Crude Oil Production 1324 1330 1350 1350 BBL/D/1K
Currency 1643 1732 1815 1903 1995
Current Account 2660 3000 -800 -800 USD Million
Current Account to GDP -0.3 -0.2 -0.1 0.2 percent of GDP
Deposit Interest Rate 12.08 12.08 12.58 12.58 13.08 percent
Disposable Personal Income 22951536 23594179 23685985 23548276 23640082 NGN Million
Employment Rate 73.2 75 74.7 74.7 percent
Exports 7280672 4700000 4400000 4400000 NGN Million
Food Inflation 37.77 35 30 30 23 percent
Foreign Exchange Reserves 39740 38400 37800 38100 37500 USD Million
Full Year GDP Growth 2.74 2.8 percent
GDP 363 372.97 384.53 396.07 USD Billion USD Billion
GDP Annual Growth Rate 3.19 2.8 3.2 2.6 3 percent
GDP Constant Prices 18285019 22382915 18863116 18760430 18833570 NGN Million
GDP Deflator 333 393.51 408.94 409.86 399.86 points
GDP Growth Rate 0 8 -10 0.3 6 percent
GDP from Agriculture 4135134 5844857 3975147 4242648 4259188 NGN Million
GDP from Construction 579052 777591 757187 594108 596424 NGN Million
GDP from Manufacturing 1547526 1843111 1882512 1587761 1593951 NGN Million
GDP from Mining 1042809 1052884 1202569 1069922 1074093 NGN Million
GDP from Public Administration 390871 469295 304852 401033 402597 NGN Million
GDP from Services 10744699 9347051 10948025 11024061 11067040 NGN Million
GDP from Transport 135786 246891 223266 139317 139860 NGN Million
GDP from Utilities 213279 159554 80486 218824 219677 NGN Million
GDP per Capita 2460 2529 2608 2686 USD USD
GDP per Capita PPP 5695 5854 6036 6217 USD USD
Gasoline Prices 0.63 0.65 0.66 0.67 0.68 USD/Liter
Government Budget -6.1 -3.9 -3.7 -3.5 percent of GDP
Government Debt to GDP 38.8 39.4 41 43 percent of GDP
Gross Fixed Capital Formation 3499395 3597378 3611375 3590379 3604377 NGN Million
Imports 3152398 2300000 1900000 1900000 NGN Million
Industrial Production 3.34 3.5 2 2 percent
Inflation Rate 32.7 30 27 23 20 percent
Inflation Rate MoM 2.52 2.3 2.8 2.4 2.6 percent
Interbank Rate 20.34 23.74 24.24 24.24 24.74 percent
Interest Rate 27.25 27.25 27.75 27.75 28.25 percent
Lending Rate 16.75 16.75 17.25 17.25 17.75 percent
Manufacturing Production 1.51 2.5 2 2 percent
Minimum Wages 70000 70000 70000 75000 NGN/Month NGN/Month
Mining Production 6.1 7.5 -2 -2 percent
Money Supply M0 4311072 3770000 3805000 3805000 NGN Million
Money Supply M1 35557832 29800000 29700000 29700000 NGN Million
Money Supply M2 108945392 93000000 91500000 91500000 NGN Million
Money Supply M3 108954801 93500000 92000000 92000000 NGN Million
Non Oil Exports 1823453 662000 580000 580000 NGN Million
Oil Exports 5457219 3250000 2900000 2900000 NGN Million
Population 224 222 229 Million Million
Private Sector Credit 75845337 64289761 73490032 75094939 78120698 NGN Million
Remittances 5140 5100 4950 4950 USD Million
Services PMI 50.7 51.3 50.5 50.5 points
Stock Market 96908 95873 94482 93111 91758 points
Terms of Trade 102 102.6 103 103 points
Unemployment Rate 5.3 5.4 5 5 percent
Youth Unemployment Rate 8.4 8.1 7.9 7.9 percent