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Macro Economic Indicators


Economic Indicators Value As at:
Money Supply (M3) N92,343,286.7million Mar, 2024
Credit to Other Sectors N71,211,271.4million Mar, 2024
Year-on-Year All Item Inflation Rate 33.69 Apr, 2024
Average Inter-bank Call Rate 31.00
5/15/2024
Monetary Policy Rate 24.75   5/17/2024
Treasury Bill Rate 91-Day Tenor 16.24
5/8/2024
3-Month Tenor Deposit Rate of Banks 10.9
Mar, 2024
Monthly Average Prime Lending Rate 15.7
Mar, 2024
Spot Price of Nigeria's Reference Crude Oil US$84.2 5/17/2024


Full dates are in the format mm/dd/yyyy
Facts : 1/1/1900
Federal Ministry of Finance:The Federal Ministry of Finance (FMF) advises the Federal Government on its fiscal operations and collaborates with the Central Bank of Nigeria (CBN) on monetary matters. Before 1991, the responsibility for the supervision and licensing of banks was shared between FMF and CBN until 1991 when CBN became the sole authority.
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