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Macro Economic Indicators

Economic Indicators Value As at:
Money Supply (M3) N38,459,207.2million Mar, 2021
Credit to Other Sectors N31,245,161.5million Mar, 2021
Year-on-Year All Item Inflation Rate 18.17 Mar, 2021
Average Inter-bank Call Rate 18.00
Monetary Policy Rate 11.5   4/30/2021
Treasury Bill Rate 91-Day Tenor
3-Month Tenor Deposit Rate of Banks 3.05
Mar, 2021
Monthly Average Prime Lending Rate 11.13
Mar, 2021
Spot Price of Nigeria's Reference Crude Oil US$66.2 4/30/2021

Full dates are in the format mm/dd/yyyy
Facts : 3/1/1970
ORGANISATION AND GROWTH:In March, 1970, the Board of Directors employed the services of W.H. Rozell (Junior), a consultant, to, among other things, review the existing structure and size of the Bank Departments. In the same year, Rozell proposed a new organisational structure for the CBN.
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