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Nigeria Nigeria
Nigeria

Nigeria

Nigeria ( (listen)), officially the Federal Republic of Nigeria, is a sovereign country located in West Africa bordering Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Its southern coast is on the Gulf of Guinea in the Atlantic Ocean. Nigeria is a federal republic comprising 36 states with 774 local Government. Including the Federal Capital Territory located in Abuja. Nigeria has been home to a number of ancient and indigenous pre-colonial states and kingdoms over the millennia. The modern state originated from British colonial rule beginning in the 19th century, and took its present territorial shape with the merging of the Southern Nigeria Protectorate and Northern Nigeria Protectorate in 1914 by Lord Frederick Lugard. The British set up administrative and legal structures while practicing indirect rule through traditional chiefdoms; Nigeria became a formally independent federation on October 1, 1960. It experienced a civil war from 1967 to 1970. It thereafter alternated between democratically-elected civilian governments and military dictatorships until it achieved a stable democracy in 1999, with the 2015 presidential election marking the first time an incumbent... [More]
  • Last : 1,095.08
  • High : 1,095.08
  • Low : 1,088.11
  • Max Fluctuation : 6.97
  • Max Fluctuation % : 0%
  • Open : 1,089.03
  • Time : 18:01:52
  • Yesterday : 1,088.87
  • Change % : 0.57%
  • Change : 6.21
  • Last : 381.6
  • High : 381.7
  • Low : 381.6
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 17:43:06
  • Yesterday : 381.6
  • Change % : 0%
  • Change : 0
  • Last : 456.69
  • High : 456.69
  • Low : 456.69
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 456.69
  • Time : 14:49:58
  • Yesterday : 456.41
  • Change % : 0.06%
  • Change : 0.28
  • Last : 9
  • High : 9
  • Low : 9
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 19:31:30
  • Yesterday : 9
  • Change % : 0%
  • Change : 0

Nigeria Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
GBP/NGN Ask 493.957 - 484.043 494.925 7.89 1.62% 2020/09/23 Time 21:36
EUR/NGN Ask 456.69 - 456.69 456.69 0.28 0.06% 2020/09/23 Time 14:49
NGN/GBP Ask 0.0021 - 0.0021 0.0021 0.00 5.00% 2020/09/23 Time 12:56
NGN/ZAR Ask 0.0442 - 0.0442 0.0442 0.00 2.55% 2020/09/23 Time 12:56
ZAR/NGN Ask 22.62 - 22.62 22.62 0.59 2.62% 2020/09/23 Time 12:56

Nigeria Indices

Indicator Value Previous Low High Change Change % Time Chart
NSE 30 1095.08 1088.11 1088.11 1095.08 6.21 0.57% 2020/09/23 Time 18:01
NSE All Share 25783.02 25631.12 25631.12 25783.02 128.12 0.50% 2020/09/23 Time 18:01

Nigeria Stocks

Indicator Value Previous Low High Change Change % Time Chart
Mutual Benefits Assurance 0.21 - 0.21 0.21 0.01 5.00% 2020/09/23 Time 20:34
MTN Nigeria Com 123.9 124 121 124 3.70 3.08% 2020/09/23 Time 20:34
Airtel Africa 400 388 388 400 25.00 6.67% 2020/09/23 Time 20:34
Jaiz Bank 0.57 0.59 0.57 0.59 0.01 1.75% 2020/09/23 Time 20:34
Law Union and Rock Insurance 1.16 1.17 1.16 1.17 0.00 0.00% 2020/09/23 Time 20:34

Nigeria Bonds

Indicator Value Previous Low High Change Change % Time Chart
Nigeria 2Y 3.894 - 3.894 3.894 0.01 0.21% 2020/09/23 Time 19:31
Nigeria 4Y 3.944 - 3.944 3.944 0.01 0.18% 2020/09/23 Time 19:31
Nigeria 7Y 7.497 - 7.497 7.497 0.00 0.04% 2020/09/23 Time 19:31
Nigeria 3M 1.409 - 1.409 1.409 0.00 0.00% 2020/09/22 Time 19:31
Nigeria 6M 2.167 - 2.167 2.167 0.00 0.00% 2020/09/22 Time 19:31

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-807170.40 20 Jun -574966 -975441 : 2177553 Monthly Jun/20

Business Confidence

4.30 20 Aug -7.9 -66.2 : 41.1 Monthly

CPI Transportation

300.80 20 Aug 298 68.5 : 301 Monthly

Capacity Utilization

55.00 18 Dec 54.6 48.5 : 60.5 Quarterly

Capital Flows

-6300.42 20 Mar 13236 -15440 : 20303 Quarterly

Cash Reserve Ratio

27.50 20 Sep 27.5 1 : 31 Monthly

Changes in Inventories

0 19 Dec 78347 32488 : 178909 Quarterly

Competitiveness Index

0 19 Dec 47.53 3.37 : 48.33 Yearly

Competitiveness Rank

0 19 Dec 115 94 : 127 Yearly

Composite Pmi

54.60 20 Aug 50.4 37.1 : 59.1 Monthly

Consumer Confidence

-29.20 20 Jun -0.3 -29.8 : 9.7 Quarterly

Consumer Price Index Cpi

334.60 20 Aug 330 14.36 : 335 Monthly

Consumer Spending

12193023.60 19 Dec 10792569 7205431 : 12470076 Quarterly

Core Consumer Prices

300.34 20 Aug 297 69 : 300 Monthly

Core Inflation Rate

10.50 20 Aug 10.1 0.49 : 19.28 Monthly

Coronavirus Cases

0 20 Sep 57242 1 : 57437 Daily Sep/20

Coronavirus Deaths

0 20 Sep 1098 0 : 1100 Daily Sep/20

Coronavirus Recovered

0 20 Sep 48596 0 : 48596 Daily Sep/20

Corporate Tax Rate

30.00 20 Dec 30 30 : 30 Yearly

Corruption Index

0 19 Dec 27 6.9 : 28 Yearly

Corruption Rank

0 19 Dec 144 52 : 152 Yearly

Cpi Housing Utilities

0 20 Aug 308 7.8 : 311 Monthly

Credit Rating

0 20 Sep : Monthly 30

Crude Oil Production

1361.00 20 Aug 1353 675 : 2475 Monthly

Crude Oil Rigs

0 20 Aug 6 3 : 23 Monthly

Currency

380.60 20 Sep 381 73.1 : 385 Daily

Current Account

-4881.73 20 Mar -6953 -6953 : 10384 Quarterly

Current Account to GDP

-3.60 19 Dec 0.9 -18.7 : 32.8 Yearly Dec/19

Deposit Interest Rate

4.31 20 Jul 4.7 2 : 27 Monthly

Disposable Personal Income

19718833.62 19 Dec 18878061 117514 : 20011346 Quarterly

Ease of Doing Business

0 19 Dec 146 120 : 170 Yearly

Employed Persons

69542.90 18 Sep 69166 66951 : 70666 Quarterly Sep/18

Employment Change

0 16 Sep 155444 79465 : 499521 Quarterly Jobs

Employment Rate

76.90 18 Sep 77.3 76.9 : 93.6 Quarterly Sep/18

Exports

782851.28 20 Jun 750535 323 : 2648882 Monthly

External Debt

31477.14 20 Jun 27666 3288 : 37268 Quarterly

Fiscal Expenditure

2074.46 19 Dec 2414 744 : 2514 Quarterly

Food Inflation

16.00 20 Aug 15.48 -17.5 : 39.54 Monthly

Foreign Direct Investment

427.76 20 Mar 495 63.5 : 3085 Quarterly

Foreign Exchange Reserves

35660.00 20 Aug 35900 63.22 : 62082 Monthly

GDP

448.10 19 Dec 398 4.2 : 568 Yearly

GDP Annual Growth Rate

-6.10 20 Jun 1.87 -7.81 : 19.17 Quarterly

GDP Constant Prices

16044513.73 20 Jun 16893270 56260 : 19750935 Quarterly

GDP Deflator

0 20 Mar 203 0.6 : 213 Quarterly

GDP From Agriculture

3918668.40 20 Jun 3677153 2594760 : 5408979 Quarterly

GDP From Construction

513692.43 20 Jun 682792 369191 : 752834 Quarterly

GDP From Manufacturing

1402571.39 20 Jun 1615391 875408 : 1718985 Quarterly

GDP From Mining

1419038.39 20 Jun 1591248 1228693 : 2406676 Quarterly

GDP From Public Administration

374511.56 20 Jun 280721 280721 : 614331 Quarterly

GDP From Services

6350208.68 20 Jun 6477203 4564086 : 7472196 Quarterly

GDP From Transport

118654.96 20 Jun 296779 118655 : 296779 Quarterly

GDP From Utilities

117016.62 20 Jun 63971 51342 : 127728 Quarterly

GDP Growth Rate

-14.30 20 Mar -5 -14.3 : 10.59 Quarterly Mar/20

GDP Per Capita Ppp

5135.50 19 Dec 5155 2902 : 5516 Yearly

GDP per capita

2386.90 19 Dec 2396 1146 : 2564 Yearly

Gasoline Prices

0.38 20 Aug 0.4 0.02 : 0.73 Monthly

Gold Reserves

0 20 Jun 21.5 21.37 : 21.5 Quarterly

Government Bond 10Y

9.00 20 Sep 9.08 5.9 : 17.31 Daily

Government Budget

-3.40 19 Dec -2.8 -6 : 0.8 Yearly

Government Budget Value

-1135.74 19 Dec -675 -1664 : 38.36 Quarterly

Government Debt

85896.52 20 Jun 79303 48361 : 85897 Quarterly

Government Debt to GDP

17.50 18 Dec 18.2 7.3 : 75 Yearly Dec/18

Government Revenues

938.72 19 Dec 1739 499 : 1739 Quarterly

Government Spending

1082949.34 19 Dec 1077872 609792 : 1615675 Quarterly

Gross Fixed Capital Formation

2976480.11 19 Dec 2565488 17237 : 3108123 Quarterly

IP Addresses

0 17 Mar 194830 29604 : 244394 Quarterly

Imports

1590021.69 20 Jun 1325501 168 : 2518687 Monthly

Industrial Production

25.10 19 Dec 3.4 -20.4 : 25.1 Quarterly

Inflation Rate

13.22 20 Aug 12.82 -2.49 : 47.56 Monthly Aug/20

Inflation Rate Mom

1.34 20 Aug 1.24 -3.5 : 8.93 Monthly

Interest Rate

11.50 20 Sep 12.5 6 : 14 Daily Sep/20

Internet Speed

0 17 Mar 4129 349 : 4129 Quarterly

Lending Rate

14.99 20 Jul 15.65 6 : 37.8 Monthly

Living Wage Family

0 18 Dec 135300 135300 : 137600 yearly

Living Wage Individual

0 18 Dec 41800 41800 : 43200 yearly

Manufacturing PMI

48.50 20 Aug 44.9 41.1 : 61.1 Monthly

Manufacturing Production

-1.90 19 Dec 2.9 -7 : 24.6 Quarterly

Military Expenditure

1907.00 18 Dec 1621 176 : 6847 Yearly

Minimum Wages

30000.00 20 Jan 30000 18000 : 30000 Yearly Jan/20

Mining Production

0.10 19 Dec 18 -34.1 : 48.2 Quarterly

Money Supply M0

2395917.03 20 Aug 2395917 193939 : 2442986 Monthly

Money Supply M1

12582151.19 20 Aug 12582151 396992 : 12582151 Monthly

Money Supply M2

33346630.22 20 Aug 33346630 648507 : 35167530 Monthly

Money Supply M3

0 18 Oct 34255439 10478417 : 35116968 Monthly

Non Oil Exports

0 20 Jun 235710 29676 : 1450443 Monthly

Oil Exports

0 20 Jun 514825 46192 : 2033861 Monthly

Personal Income Tax Rate

24.00 20 Dec 24 24 : 24 Yearly

Population

200.00 19 Dec 196 45.14 : 200 Yearly Dec/19

Private Sector Credit

30189264.87 20 Aug 30189265 440872 : 30189265 Monthly

Remittances

5629.04 20 Mar 5926 3837 : 6270 Quarterly

Sales Tax Rate

7.50 20 Feb 5 5 : 7.5 Yearly

Services Pmi

44.70 20 Aug 43.3 25.3 : 62.3 Monthly

Stock Market

25722.96 20 Sep 25655 4792 : 66371 Daily

Terms of Trade

103.19 20 Mar 103 49.48 : 160 Monthly

Terrorism Index

0 18 Dec 8.66 3.86 : 9.31 Yearly

Unemployed Persons

20927.60 18 Sep 20344 4672 : 20928 Quarterly Sep/18

Unemployment Rate

27.10 20 Jun 23.1 5.1 : 27.1 Quarterly Jun/20

Wages High Skilled

0 18 Dec 57200 57200 : 57200 yearly

Wages Low Skilled

0 18 Dec 25500 25500 : 25500 Yearly

Youth Unemployment Rate

36.50 18 Sep 38 11.7 : 38 Quarterly Sep/18
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade -807170.40 700000 100000 450000 700000 840000 Jun/20
Business Confidence 4.30 -7 5 15 7 20
CPI Transportation 300.80 319 325 334 309 362
Capacity Utilization 55.00 54 54.7 55.3 53.5 55
Capital Flows -6300.42 -6050 1200 -3600 -4300 -1600
Cash Reserve Ratio 27.50 27.5 27.5 27.5 27.5 27.5
Composite Pmi 54.60 53 52.6 53 55 54
Consumer Confidence -29.20 -20 2 6 -25 9
Consumer Price Index Cpi 334.60 351 359 370 339 399
Consumer Spending 12193023.60 11498021 12266182 12314954 10522754 11693488
Core Consumer Prices 300.34 304 311 316 304 327
Core Inflation Rate 10.50 8.4 8.4 8 11 7.5
Corporate Tax Rate 30.00 30 30 30 30 30
Crude Oil Production 1361.00 1800 1780 1780 1750 1900
Currency 380.60 381 381 381 381 381
Current Account -4881.73 -4000 -4500 -4800 -3100 -4700
Current Account to GDP -3.60 -3.9 -2.5 -2.5 -3.9 -2.5 Dec/19
Deposit Interest Rate 4.31 4.31 4.31 3.31 4.31 3.31
Disposable Personal Income 19718833.62 18594860 19837147 19916022 18406110 18910973
Employed Persons 69542.90 70500 71500 72000 72400 72000 Sep/18
Employment Rate 76.90 71 70.7 71 70.5 72 Sep/18
Exports 782851.28 1400000 1350000 1550000 1800000 1600000
External Debt 31477.14 32000 33500 34000 30000 35500
Fiscal Expenditure 2074.46 3000 2500 2600 2850 2650
Food Inflation 16.00 16.7 16.4 16.2 16.5 16
Foreign Direct Investment 427.76 400 700 1200 350 1000
Foreign Exchange Reserves 35660.00 50000 47500 51200 35450 52000
GDP 448.10 250 360 360 250 360
GDP Annual Growth Rate -6.10 -5.7 0.6 1 -5 1.7
GDP Constant Prices 16044513.73 18625131 16994629 16204959 18229891 18941759
GDP From Agriculture 3918668.40 4803626 3699216 3957855 5273754 4885288
GDP From Construction 513692.43 632857 686888 518829 543219 643616
GDP From Manufacturing 1402571.39 1609949 1625083 1416597 1576170 1637318
GDP From Mining 1419038.39 1348177 1600796 1433229 1761578 1371096
GDP From Public Administration 374511.56 403418 282406 378257 358561 410276
GDP From Services 6350208.68 7046281 6516066 6413711 6108378 7166068
GDP From Transport 118654.96 259437 298560 119842 255265 263847
GDP From Utilities 117016.62 113567 64355 118187 92620 115498
GDP Growth Rate -14.30 2.2 -15.5 2.6 1.2 5.1 Mar/20
GDP Per Capita Ppp 5135.50 4900 5100 5100 4900 5100
GDP per capita 2386.90 2250 2300 2300 2250 2300
Gasoline Prices 0.38 0.31 0.29 0.28 0.32 0.26
Government Bond 10Y 9.00 9.24 9.37 9.5 9.12 9.75
Government Budget -3.40 -6.5 -5.6 -5.6 -6.5 -5.6
Government Budget Value -1135.74 -1950 -1300 -1600 -2000 -1420
Government Debt 85896.52 95000 85000 95500 90000 96400
Government Debt to GDP 17.50 55 40 40 55 40 Dec/18
Government Revenues 938.72 1050 1200 1000 850 1230
Government Spending 1082949.34 1021221 1089447 1093779 1050925 1038582
Gross Fixed Capital Formation 2976480.11 2806821 2994339 3006245 2501351 2854537
Imports 1590021.69 1200000 1250000 1100000 1100000 1300000
Industrial Production 25.10 -5 -2 1.6 -4.2 1.3
Inflation Rate 13.22 14.2 14 13.5 13.45 13.5 Aug/20
Inflation Rate Mom 1.34 1.7 1.3 1.2 1.4 1.3
Interest Rate 11.50 12.5 12.5 11.5 12.5 11.5 Sep/20
Lending Rate 14.99 14.99 14.99 13.99 14.99 13.99
Manufacturing PMI 48.50 51 52 54 49.6 56
Manufacturing Production -1.90 -2.8 0.5 1.3 -3 2
Military Expenditure 1907.00 1940 1940 1940 1940 2000
Minimum Wages 30000.00 30000 30000 30000 30000 30000 Jan/20
Mining Production 0.10 -12 5 10 -10 10
Money Supply M0 2395917.03 1811767 1811767 1811767 1980000 1811767
Money Supply M1 12582151.19 12150000 12150000 12150000 12150000 11049385
Money Supply M2 33346630.22 28500000 28500000 28500000 28500000 29329153
Personal Income Tax Rate 24.00 24 24 24 24 24
Population 200.00 206 210 210 205 211 Dec/19
Private Sector Credit 30189264.87 26000000 26000000 26000000 24500000 26000000
Remittances 5629.04 5600 5600 6100 5450 6200
Sales Tax Rate 7.50 7.5 7.5 7.5 7.5 7.5
Services Pmi 44.70 52 51.7 53.4 47 54
Stock Market 25722.96 24565 24036 23518 25103 22481
Terms of Trade 103.19 103 103 103 102 104
Unemployed Persons 20927.60 28000 28000 27500 28100 27600 Sep/18
Unemployment Rate 27.10 31.8 31.5 31.9 31.5 32 Jun/20
Youth Unemployment Rate 36.50 43 43 43.7 42.6 44 Sep/18