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Macro Economic Indicators


Economic Indicators Value As at:
Money Supply (M3) N99,235,741.2million May, 2024
Credit to Other Sectors N74,312,122.8million May, 2024
Year-on-Year All Item Inflation Rate 34.19 Jun, 2024
Average Inter-bank Call Rate 26.85
7/19/2024
Monetary Policy Rate 26.75   7/23/2024
Treasury Bill Rate 91-Day Tenor 16.3
6/26/2024
3-Month Tenor Deposit Rate of Banks

Monthly Average Prime Lending Rate

Spot Price of Nigeria's Reference Crude Oil US$85.2 7/23/2024


Full dates are in the format mm/dd/yyyy
Exchange Rates (NGN)
¥JPY9.7874Down
WAUA2100.7935Up
$USD1534.559Up
CHF1725.3868Up
SOUTH AFRICAN RAND83.952Down
SDR2034.5183Up
SAR409.1066Down
As at July 22, 2024
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Facts : 3/1/1993
Nigerian Inter-Bank Settlement System:In March 1993, the Nigerian Inter-Bank Settlement System (NIBSS) was incorportaed to enhance the speed and effeciency of the national clearing system.
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