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Currency 773 773 Aug/23
Stock Market 66440 66490 points Aug/23
GDP Growth Rate -15.65 -0.17 percent Mar/23
GDP Annual Growth Rate 2.51 2.31 percent Jun/23
Unemployment Rate 4.1 5.3 percent Mar/23
Inflation Rate 24.08 22.79 percent Jul/23
Interest Rate 18.75 18.5 percent Jul/23
Cash Reserve Ratio 32.5 32.5 percent Aug/23
Balance of Trade 908496 49172 NGN Million Mar/23
Current Account -603 861 USD Million Sep/22
Current Account to GDP -0.7 -0.5 percent of GDP Dec/22
Government Debt to GDP 38 36.5 percent of GDP Dec/22
Government Budget -5 -6 percent of GDP Dec/22
Corporate Tax Rate 30 30 percent Dec/23
Personal Income Tax Rate 24 24 percent Dec/23
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GDP Growth Rate -15.65 -0.17 percent Mar/23
GDP Annual Growth Rate 2.51 2.31 percent Jun/23
GDP 477 441 USD Billion Dec/22
GDP Constant Prices 17719335 17750061 NGN Million Jun/23
Gross Fixed Capital Formation 2832566 2543940 NGN Million Dec/22
GDP per Capita 2450 2430 USD Dec/22
GDP per Capita PPP 4963 4923 USD Dec/22
Full Year GDP Growth 3.1 3.4 percent Dec/22
GDP Growth Non Oil Sector 2.77 4.44 percent Mar/23
GDP Growth Oil Sector -4.21 -13.38 percent Mar/23
GDP from Agriculture 4077716 3844845 NGN Million Jun/23
GDP from Construction 573058 749763 NGN Million Jun/23
GDP from Manufacturing 1528006 1797292 NGN Million Jun/23
GDP from Mining 946739 1102439 NGN Million Jun/23
GDP from Public Administration 383786 289342 NGN Million Jun/23
GDP from Services 7576045 7410965 NGN Million Jun/23
GDP from Transport 157034 209377 NGN Million Jun/23
GDP from Utilities 199723 77068 NGN Million Jun/23
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Unemployment Rate 4.1 5.3 percent Mar/23
Population 218 213 Million Dec/22
Employed Persons 46488 58527 Thousand Dec/20
Employment Rate 66.7 72.9 percent Dec/20
Minimum Wages 30000 30000 NGN/Month Jan/23
Unemployed Persons 23187 21765 Thousand Dec/20
Youth Unemployment Rate 53.4 40.8 percent Dec/20
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Inflation Rate 24.08 22.79 percent Jul/23
Consumer Price Index CPI 575 559 points Jul/23
Core Consumer Prices 475 464 points Jul/23
Core Inflation Rate 20.8 20.3 percent Jul/23
Food Inflation 26.98 25.25 percent Jul/23
CPI Housing Utilities 470 458 points Jul/23
CPI Transportation 508 494 points Jul/23
GDP Deflator 294 289 points Jun/23
Inflation Rate MoM 2.89 2.13 percent Jul/23
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Coronavirus Vaccination Rate 53.36 51.24 doses per 100 people Mar/23
Coronavirus Vaccination Total 116606863 111985403 doses Mar/23
Coronavirus Cases 266675 266665 Persons May/23
Coronavirus Deaths 3155 3154 Persons May/23
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Interest Rate 18.75 18.5 percent Jul/23
Cash Reserve Ratio 32.5 32.5 percent Aug/23
Interbank Rate 11.25 11.25 percent Aug/23
Money Supply M0 2595762 2603267 NGN Million Jul/23
Money Supply M1 24157118 24494926 NGN Million Jul/23
Money Supply M2 64926251 64358217 NGN Million Jul/23
Foreign Exchange Reserves 33950 34220 USD Million Jul/23
Deposit Interest Rate 7.62 7.68 percent Jul/23
Lending Rate 13.85 14.07 percent Jun/23
Money Supply M3 64906931 55692741 NGN Million Jun/23
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Balance of Trade 908496 49172 NGN Million Mar/23
Current Account -603 861 USD Million Sep/22
Current Account to GDP -0.7 -0.5 percent of GDP Dec/22
Exports 2284879 1916084 NGN Million Mar/23
Imports 1376384 1866912 NGN Million Mar/23
Terms of Trade 101 101 points Mar/23
Capital Flows 2985 3080 USD Million Sep/22
Foreign Direct Investment 753 726 USD Million Dec/22
Gold Reserves 21.37 21.37 Tonnes Jun/23
Crude Oil Production 1081 1249 BBL/D/1K Jul/23
External Debt 42672 41695 USD Million Mar/23
Non Oil Exports 455017 395272 NGN Million Mar/23
Oil Exports 1829862 1520812 NGN Million Mar/23
Remittances 4792 4941 USD Million Sep/22
Terrorism Index 8.23 8.42 Points Dec/21
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Government Debt to GDP 38 36.5 percent of GDP Dec/22
Government Budget -5 -6 percent of GDP Dec/22
Government Revenues 1503 1838 NGN Billion Dec/22
Credit Rating 23 Aug/23
Fiscal Expenditure 2268 2795 NGN Billion Dec/22
Government Budget Value -766 -957 NGN Billion Dec/22
Government Debt 108295 103111 USD Million Mar/23
Government Spending 1011789 1035661 NGN Million Dec/22
Military Expenditure 3109 4466 USD Million Dec/22
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Corporate Tax Rate 30 30 percent Dec/23
Personal Income Tax Rate 24 24 percent Dec/23
Sales Tax Rate 7.5 7.5 percent Dec/23
Withholding Tax Rate 10 10 percent Dec/23
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Industrial Production -5.4 -7.2 percent Dec/22
Manufacturing Production 4.1 9.4 percent Dec/22
Capacity Utilization 55.2 54.6 percent Dec/22
Changes in Inventories 126672 85677 NGN Million Dec/22
Composite PMI 51.7 53.2 points Jul/23
Corruption Index 24 24 Points Dec/22
Corruption Rank 150 154 Dec/22
Crude Oil Rigs 14 14 Jul/23
Manufacturing PMI 50 49.1 points Feb/23
Mining Production -8 -4.8 percent Sep/22
Services PMI 41.4 49.6 points Feb/23
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Consumer Spending 13200671 12573689 NGN Million Dec/22
Disposable Personal Income 20995567 18861356 NGN Million Dec/22
Private Sector Credit 54159166 52812465 NGN Million Jul/23
Gasoline Prices 0.8 0.78 USD/Liter Aug/23