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Nigeria Nigeria
Nigeria

Nigeria

Nigeria ( ny-JEER-ee-ə), 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), and with a population of over 225 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 second-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 in the country. 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 Northern Nigeria Protectorate in 1914 by Lord Lugard. The British set up administrative... [More]
  • Last : 1,961.09
  • High : 1,961.19
  • Low : 1,960.31
  • Max Fluctuation : 0.78
  • Max Fluctuation % : 0%
  • Open : 1,960.56
  • Time : 02:39:19
  • Yesterday :
  • Change % : INF%
  • Change : 1,961.09
  • Last : 460.94
  • High : 460.94
  • Low : 460.89
  • Max Fluctuation : 0.05
  • Max Fluctuation % : 0%
  • Open : 460.94
  • Time : 02:37:32
  • Yesterday :
  • Change % : INF%
  • Change : 460.94
  • Last : 491.7
  • High : 499.2
  • Low : 491.7
  • Max Fluctuation : 7.5
  • Max Fluctuation % : 1.53%
  • Open : 496.1
  • Time : 02:35:13
  • Yesterday :
  • Change % : INF%
  • Change : 491.7
  • Last : 13.795
  • High : 14.234
  • Low : 13.795
  • Max Fluctuation : 0.44
  • Max Fluctuation % : 0%
  • Open : 13.795
  • Time : 02:38:51
  • Yesterday :
  • Change % : INF%
  • Change : 13.795

Nigeria Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
USD/NGN Ask 460.94 460.92 460.89 460.94 0.05 0.01% 2023/03/22 Time 2:37
ZAR/NGN Ask 25.1133 24.8358 24.7769 25.1133 0.22 0.89% 2023/03/22 Time 2:35
NGN/XOF Ask 1.3518 1.3394 1.3394 1.3518 0.01 0.39% 2023/03/22 Time 2:35
GBP/NGN Ask 559.443 563.29 559.443 566.203 0.00 0.00% 2023/03/22 Time 2:35
EUR/NGN Ask 491.7 499.2 491.7 499.2 0.00 0.00% 2023/03/22 Time 2:35
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 1961.09 1960.71 1960.31 1961.19 0.00 0.00% 2023/03/22 Time 2:39
NSE All Share 54929.57 54904.68 54883.16 54929.57 0.00 0.00% 2023/03/22 Time 2:39

Nigeria Stocks

Indicator Value Previous Low High Change Change % Time Chart
Dnmeyer 2 2.4 2 2.4 0.21 10.50% 2023/03/22 Time 2:38
Multverse 3.82 3.53 3.25 3.82 0.37 10.72% 2023/03/22 Time 2:38
Neimeth 1.5 1.44 1.44 1.5 0.04 2.74% 2023/03/22 Time 2:38
Npfmcrfbk 1.87 1.75 1.75 1.87 0.14 8.09% 2023/03/22 Time 2:38
Thomaswy 1.29 1.17 1.17 1.29 0.00 0.00% 2023/03/22 Time 2:38
Wapic 0.42 0.4 0.39 0.42 0.01 2.44% 2023/03/22 Time 2:38

Nigeria Bonds

Indicator Value Previous Low High Change Change % Time Chart
Nigeria 2Y 10.205 10.195 10.195 10.205 0.01 0.07% 2023/03/22 Time 2:38
Nigeria 4Y 12.574 12.437 12.437 12.574 0.14 1.09% 2023/03/22 Time 2:38
Nigeria 7Y 14.1 14.101 14.1 14.101 0.00 0.01% 2023/03/22 Time 2:38
Nigeria 10Y 13.795 14.173 13.795 14.234 0.44 3.18% 2023/03/22 Time 2:38
Nigeria 20Y 15.401 14.941 14.941 15.401 0.07 0.45% 2023/03/22 Time 2:38
Nigeria 5Y 13.695 14 13.695 14 0.00 0.00% 2023/03/22 Time 2:38

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
1117350 22 Dec -14624 NGN Millions
Business Confidence
-15.2 20 Dec -1.5 points
CPI Housing Utilities
432 23 Feb 426 points
CPI Transportation
452 23 Feb 445 points
Capacity Utilization
51.3 22 Jun 55.4 percent
Capital Flows
2985 22 Sep 3080 USD Million
Cash Reserve Ratio
32.5 23 Mar 32.5 percent
Changes in Inventories
161299 22 Jun 159817 NGN Million
Competitiveness Index
48.33 19 Dec 47.53 Points
Competitiveness Rank
116 19 Dec 115
Composite PMI
44.7 23 Feb 53.5 points
Consumer Confidence
-14.8 20 Dec -21.2 points
Consumer Price Index CPI
509 23 Jan 499 points
Consumer Spending
13961463 22 Jun 13630929 NGN Million
Core Consumer Prices
434 23 Feb 429 points
Core Inflation Rate
18.84 23 Feb 19.16 percent
Coronavirus Cases
266641 23 Mar 266598 Persons
Coronavirus Deaths
3155 23 Mar 3154 Persons
Coronavirus Vaccination Rate
51.24 23 Feb 49.44 doses per 100 people
Coronavirus Vaccination Total
111985403 23 Feb 108052995 doses
Corporate Tax Rate
30 22 Dec 30 percent
Corruption Index
24 22 Dec 24 Points
Corruption Rank
150 22 Dec 154
Credit Rating
23 23 Mar
Crude Oil Production
1306 23 Feb 1258 BBL/D/1K
Crude Oil Rigs
13 23 Feb 13
Currency
460 23 Mar 460
Current Account
-603 22 Sep 861 USD Million
Current Account to GDP
-0.5 21 Dec -3.9 percent of GDP
Deposit Interest Rate
8.76 23 Jan 8.79 percent
Disposable Personal Income
16859888 22 Jun 16731006 NGN Million
Ease of Doing Business
131 19 Dec 146
Employed Persons
46488 20 Dec 58527 Thousand
Employment Rate
66.7 20 Dec 72.9 percent
Exports
2353078 22 Dec 1925285 NGN Millions
External Debt
39662 22 Sep 40065 USD Million
Fiscal Expenditure
2419 22 Sep 2454 NGN Billion
Food Inflation
24.35 23 Feb 24.32 percent
Foreign Direct Investment
726 22 Sep -1537 USD Million
Foreign Exchange Reserves
36700 23 Feb 37040 USD Million
Full Year GDP Growth
3.1 22 Dec 3.4 percent
GDP
441 21 Dec 432 USD Billion
GDP Annual Growth Rate
3.52 22 Dec 2.25 percent
GDP Constant Prices
21044250 22 Dec 18959955 NGN Million
GDP Deflator
276 22 Sep 260 points
GDP From Agriculture
5568555 22 Dec 5625362 NGN Million
GDP From Construction
729456 22 Dec 629359 NGN Million
GDP From Manufacturing
1768538 22 Dec 1628912 NGN Million
GDP From Mining
913548 22 Dec 1073897 NGN Million
GDP From Public Administration
446757 22 Dec 389183 NGN Millions
GDP From Services
7048423 22 Sep 7188065 NGN Millions
GDP From Transport
338278 22 Dec 254928 NGN Millions
GDP From Utilities
145772 22 Dec 106384 NGN Million
GDP Growth Non Oil Sector
4.44 22 Dec 4.27 percent
GDP Growth Oil Sector
-13.38 22 Dec -22.67 percent
GDP Growth Rate
10.99 22 Dec 9.68 percent
GDP per capita
2430 21 Dec 2401 USD
GDP per capita PPP
4923 21 Dec 4865 USD
Gasoline Prices
0.45 23 Feb 0.45 USD/Liter
Gold Reserves
21.37 22 Dec 21.37 Tonnes
Government Budget
-4.7 21 Dec -4 percent of GDP
Government Budget Value
-1192 22 Sep -1402 NGN Billion
Government Debt
101913 22 Sep 103313 USD Million
Government Debt to GDP
37 21 Dec 34.5 percent of GDP
Government Revenues
1227 22 Sep 1052 NGN Billion
Government Spending
931227 22 Jun 905224 NGN Million
Gross Fixed Capital Formation
2308147 22 Jun 2871812 NGN Million
IP Addresses
209207 17 Mar 194830 IP
Imports
1235729 22 Dec 1939909 NGN Millions
Industrial Production
-7.2 22 Jun -9.7 percent
Inflation Rate
21.91 23 Feb 21.82 percent
Inflation Rate Mom
1.71 23 Feb 1.87 percent
Interbank Rate
11.75 23 Mar 11.75 percent
Interest Rate
17.5 23 Feb 17.5 percent
Internet Speed
3854 17 Mar 4129 KBps
Lending Rate
27.63 23 Jan 13.85 percent
Manufacturing PMI
47.4 22 Nov 47.8 points
Manufacturing Production
9.4 22 Jun 5.9 percent
Military Expenditure
4466 21 Dec 2568 USD Million
Minimum Wages
30000 23 Jan 30000 NGN/Month
Mining Production
-4.8 22 Jun 27.5 percent
Money Supply M0
1386398 23 Jan 3012057 NGN Million
Money Supply M1
20964942 23 Jan 20686477 NGN Million
Money Supply M2
52966478 23 Jan 51747302 NGN Million
Money Supply M3
53270207 23 Jan 52140943 NGN Million
Non Oil Exports
391254 22 Sep 422708 NGN Million
Oil Exports
1403642 22 Sep 1536472 NGN Million
Personal Income Tax Rate
24 22 Dec 24 percent
Population
213 21 Dec 208 Million
Private Sector Credit
42253819 23 Jan 41802192 NGN Million
Remittances
4941 22 Jun 5147 USD Million
Services PMI
47.8 22 Nov 51.4 points
Stock Market
54916 23 Mar 55490 points
Terms of Trade
102 22 Sep 102 points
Terrorism Index
8.23 21 Dec 8.42 Points
Unemployed Persons
23187 20 Dec 21765 Thousand
Unemployment Rate
33.3 20 Dec 27.1 percent
Youth Unemployment Rate
53.4 20 Dec 40.8 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
Balance of Trade 1117350 -400000 -280000 450000 100000 NGN Millions
Business Confidence -15.2 8 10 10 12 points
CPI Housing Utilities 432 459 452 467 482 points
CPI Transportation 452 461 470 477 485 points
Capacity Utilization 51.3 49.7 47 48.5 51 percent
Capital Flows 2985 -3500 -1800 2300 -3500 USD Million
Composite PMI 44.7 54 52.7 53 53.7 points
Consumer Confidence -14.8 6 9 9 9 points
Consumer Price Index CPI 509 535 533 555 574 points
Consumer Spending 13961463 13998964 14408230 14436153 14408230 NGN Million
Core Consumer Prices 434 446 458 470 474 points
Core Inflation Rate 18.84 21 18.5 16 14 percent
Crude Oil Production 1306 1300 1280 1200 1240 BBL/D/1K
Currency 460 461 463 464 465
Current Account -603 -1300 -3000 400 -1500 USD Million
Current Account to GDP -0.5 -0.2 -0.6 -0.3 percent of GDP
Deposit Interest Rate 8.76 8.76 8.76 8.26 8.26 percent
Disposable Personal Income 16859888 17182743 17399404 17433124 17399404 NGN Million
Employed Persons 46488 58300 60000 59400 59000 Thousand
Employment Rate 66.7 71 72.3 73 75 percent
Exports 2353078 1700000 1570000 2100000 1850000 NGN Millions
External Debt 39662 46500 47400 48000 49000 USD Million
Fiscal Expenditure 2419 2750 3400 2900 3200 NGN Billion
Food Inflation 24.35 26.4 22.5 17 12 percent
Foreign Direct Investment 726 -400 -800 500 350 USD Million
Foreign Exchange Reserves 36700 37000 33000 35000 38000 USD Million
Full Year GDP Growth 3.1 3 percent
GDP 441 454 469 483 USD Billion USD Billion
GDP Annual Growth Rate 3.52 2.7 3.2 3.4 3.2 percent
GDP Constant Prices 21044250 17817814 17839031 19604593 21717666 NGN Million
GDP Deflator 276 324 305 320 317 points
GDP From Agriculture 5568555 3984485 4145981 5816625 5746749 NGN Million
GDP From Construction 729456 745601 571842 650757 752799 NGN Million
GDP From Manufacturing 1768538 1816578 1542966 1684295 1825131 NGN Million
GDP From Mining 913548 1181925 1128603 1110409 942781 NGN Million
GDP From Public Administration 446757 291248 387614 402415 461053 NGN Millions
GDP From Services 7048423 7207863 7418083 7288069 7273973 NGN Millions
GDP From Transport 338278 196617 328342 263595 349103 NGN Millions
GDP From Utilities 145772 73713 185666 110001 150437 NGN Million
GDP Growth Rate 10.99 -13 -0.4 10.8 5 percent
GDP per capita 2430 2502 2585 2660 USD USD
GDP per capita PPP 4923 5070 5238 5390 USD USD
Gasoline Prices 0.45 0.47 0.48 0.5 0.52 USD/Liter
Government Budget -4.7 -4.8 -4.3 -4.5 percent of GDP
Government Budget Value -1192 -1600 -2510 -1700 -2175 NGN Billion
Government Debt 101913 125000 105000 117000 110000 USD Million
Government Debt to GDP 37 39 40 42 percent of GDP
Government Revenues 1227 1150 890 1200 1025 NGN Billion
Government Spending 931227 929665 961027 962889 961027 NGN Million
Gross Fixed Capital Formation 2308147 2949351 2382008 2386624 2382008 NGN Million
Imports 1235729 2100000 1850000 1650000 1750000 NGN Millions
Industrial Production -7.2 -5.4 -8 -4.5 -6 percent
Inflation Rate 21.91 24 17 16 15 percent
Inflation Rate Mom 1.71 2 1.8 1.6 1.7 percent
Interbank Rate 11.75 10.1 10.1 9.6 9.6 percent
Interest Rate 17.5 17.5 17.5 17 17 percent
Lending Rate 27.63 27.63 27.63 27.13 27.13 percent
Manufacturing PMI 47.4 48 49.4 50.4 51 points
Manufacturing Production 9.4 -4 -2.5 1.8 2 percent
Mining Production -4.8 -2 3 5.3 4 percent
Money Supply M0 1386398 2200000 2500000 1850000 2400000 NGN Million
Money Supply M1 20964942 20500000 19000000 18300000 19000000 NGN Million
Money Supply M2 52966478 47500000 46500000 48000000 47000000 NGN Million
Money Supply M3 53270207 48000000 47000000 46000000 46000000 NGN Million
Non Oil Exports 391254 570000 550000 475000 465000 NGN Million
Oil Exports 1403642 1750000 2100000 1700000 1650000 NGN Million
Population 213 217 222 229 Million Million
Private Sector Credit 42253819 43000000 40500000 41500000 43000000 NGN Million
Remittances 4941 5350 5430 5500 5500 USD Million
Services PMI 47.8 47.5 49 49.7 50.1 points
Stock Market 54916 54679 53585 52514 51465 points
Unemployed Persons 23187 33800 34400 35500 36000 Thousand
Unemployment Rate 33.3 40 42.5 44 45 percent
Youth Unemployment Rate 53.4 56.7 57.4 56.5 57 percent