Last Previous Highest Lowest
Currency 1511 1530 1718 73.1 Sep/25
Stock Market 139395 138980 146600 4792 points Sep/25
GDP Growth Rate 10 0 12.12 -16.1 percent Sep/24
GDP Annual Growth Rate 3.13 3.84 6.88 -6.1 percent Mar/25
Unemployment Rate 4.3 5.3 10.7 3.7 percent Jun/24
Inflation Rate 21.88 22.22 47.56 -2.49 percent Jul/25
Interest Rate 27.5 27.5 27.5 6 percent Jul/25
Cash Reserve Ratio 50 50 50 1 percent Aug/25
Balance of Trade 1993619 1880569 2530762 -975441 NGN Million Mar/25
Current Account 3730 3800 10384 -6119 USD Million Mar/25
Current Account to GDP -0.5 -0.3 32.8 -18.7 percent of GDP Dec/24
Government Debt to GDP 52.9 48.7 75 7.3 percent of GDP Dec/24
Government Budget -6.1 -5 0.8 -8.6 percent of GDP Dec/23
Corporate Tax Rate 30 30 30 30 percent Dec/25
Personal Income Tax Rate 24 24 24 24 percent Dec/25
Last Previous Highest Lowest
GDP Growth Rate 10 0 12.12 -16.1 percent Sep/24
GDP Annual Growth Rate 3.13 3.84 6.88 -6.1 percent Mar/25
GDP 188 364 574 4.2 USD Billion Dec/24
GDP Constant Prices 79289393 20115767 79289393 12583478 NGN Million Dec/24
Gross Fixed Capital Formation 2274443 2969832 3499395 17237 NGN Million Jun/24
GDP per Capita 2448 2416 2586 1218 USD Dec/24
GDP per Capita PPP 5665 5593 5985 3218 USD Dec/24
Full Year GDP Growth 3.4 2.74 14.6 -1.92 percent Dec/24
GDP Growth Non Oil Sector 3.96 3.37 8.92 -6.05 percent Dec/24
GDP Growth Oil Sector 1.87 1.48 24.21 -26.04 percent Mar/25
GDP from Agriculture 5785472 5763385 5785472 2594760 NGN Million Dec/24
GDP from Construction 778696 672885 778696 369191 NGN Million Dec/24
GDP from Manufacturing 1824923 1651873 1824923 875408 NGN Million Dec/24
GDP from Mining 1039318 1119836 2406676 913548 NGN Million Dec/24
GDP from Public Administration 466689 407232 614331 278241 NGN Million Dec/24
GDP from Services 12974641 10777518 12974641 4564086 NGN Million Dec/24
GDP from Transport 284852 183404 338278 118655 NGN Million Dec/24
GDP from Utilities 152659 118137 213279 51342 NGN Million Dec/24
Last Previous Highest Lowest
Unemployment Rate 4.3 5.3 10.7 3.7 percent Jun/24
Population 233 228 233 45.05 Million Dec/24
Employment Rate 76.1 73.2 93.6 66.7 percent Jun/24
Minimum Wages 70000 70000 70000 18000 NGN/Month Jan/25
Youth Unemployment Rate 6.5 8.4 53.4 6.5 percent Jun/24
Last Previous Highest Lowest
Inflation Rate 21.88 22.22 47.56 -2.49 percent Jul/25
Consumer Price Index CPI 126 123 126 1.9 points Jul/25
Core Consumer Prices 125 124 125 3.6 points Jul/25
Core Inflation Rate 21.3 22.76 29.28 0.49 percent Jul/25
Food Inflation 22.74 21.97 40.87 -17.5 percent Jul/25
CPI Housing Utilities 130 132 132 1.3 points Jul/25
CPI Transportation 122 122 122 2.6 points Jul/25
GDP Deflator 347 354 354 0.6 points Dec/24
Inflation Rate MoM 1.99 1.68 10.7 -3.5 percent Jul/25
Last Previous Highest Lowest
Interest Rate 27.5 27.5 27.5 6 percent Jul/25
Cash Reserve Ratio 50 50 50 1 percent Aug/25
Interbank Rate 26.56 26.58 194 0 percent Aug/25
Money Supply M0 5007516 5014793 5441160 38580 NGN Million Jun/25
Money Supply M1 39917788 40375113 40999589 74221 NGN Million Jun/25
Money Supply M2 117485518 118992148 119275190 648507 NGN Million Jun/25
Foreign Exchange Reserves 41268 39270 62082 63.22 USD Million Aug/25
Deposit Interest Rate 10.86 10.77 27 2 percent Jul/25
Lending Rate 18.54 18.19 37.8 6 percent Jul/25
Money Supply M3 117496321 119005378 119298126 10478417 NGN Million Jun/25
Last Previous Highest Lowest
Balance of Trade 1993619 1880569 2530762 -975441 NGN Million Mar/25
Current Account 3730 3800 10384 -6119 USD Million Mar/25
Current Account to GDP -0.5 -0.3 32.8 -18.7 percent of GDP Dec/24
Exports 6791874 7014760 7345007 323 NGN Million Mar/25
Imports 4798255 5134191 5667962 168 NGN Million Mar/25
Terms of Trade 102 102 160 49.48 points Jun/24
Capital Flows -7816 590 20303 -15440 USD Million Dec/24
Foreign Direct Investment 250 308 3085 -558 USD Million Mar/25
Crude Oil Production 1507 1505 2475 675 BBL/D/1K Jul/25
External Debt 45980 43030 45980 3288 USD Million Mar/25
Non Oil Exports 2334773 2723236 2723236 29676 NGN Million Mar/25
Oil Exports 4457101 4291524 5483536 46192 NGN Million Mar/25
Remittances 4930 5080 6270 3373 USD Million Mar/25
Terrorism Index 7.66 7.58 9.12 3.86 Points Dec/24
Last Previous Highest Lowest
Government Debt to GDP 52.9 48.7 75 7.3 percent of GDP Dec/24
Government Budget -6.1 -5 0.8 -8.6 percent of GDP Dec/23
Government Revenues 2520 2283 2520 499 NGN Billion Dec/24
Corruption Index 26 25 28 6.9 Points Dec/24
Corruption Rank 140 145 154 52 Dec/24
Credit Rating 25 Sep/25
Fiscal Expenditure 5605 5483 6669 744 NGN Billion Dec/24
Government Budget Value -3085 -3200 38.36 -4261 NGN Billion Dec/24
Government Debt 97239 94225 114350 48361 USD Million Mar/25
Government Spending 1002836 1298730 2339713 609792 NGN Million Jun/24
Military Expenditure 1133 3101 4466 23.4 USD Million Dec/24
Last Previous Highest Lowest
Corporate Tax Rate 30 30 30 30 percent Dec/25
Personal Income Tax Rate 24 24 24 24 percent Dec/25
Sales Tax Rate 7.5 7.5 7.5 5 percent Dec/25
Withholding Tax Rate 10 10 10 10 percent Dec/24
Last Previous Highest Lowest
Industrial Production 1.76 2.01 27.6 -16.8 percent Dec/24
Manufacturing Production 1.8 0.9 24.6 -8.8 percent Dec/24
Capacity Utilization 61.9 60.7 61.9 40.1 percent Dec/24
Changes in Inventories 150551 192500 192500 32488 NGN Million Jun/24
Composite PMI 54.2 54 59.1 37.1 points Aug/25
Mining Production 2.2 3.2 34.3 -27.1 percent Dec/24
Services PMI 52.8 51.3 62.3 25.3 points Jul/25
Last Previous Highest Lowest
Consumer Spending 4623857 6049050 14747327 4623857 NGN Million Jun/24
Disposable Personal Income 21437390 20532204 22951536 117514 NGN Million Jun/24
Private Sector Credit 76136459 77828577 80863019 81688 NGN Million Jun/25
Gasoline Prices 0.6 0.58 0.81 0.02 USD/Liter Aug/25
Last Previous Highest Lowest
Crude Oil Rigs 15 13 23 3 Aug/25