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Macro Economic Indicators


Economic Indicators Value As at:
Money Supply (M3) N43,947,268.6million Dec, 2021
Credit to Other Sectors N35,726,933.4million Dec, 2021
Year-on-Year All Item Inflation Rate 15.63 Dec, 2021
Average Inter-bank Call Rate
12/30/1899
Monetary Policy Rate 11.5   1/21/2022
Treasury Bill Rate 91-Day Tenor 2.5
 1/12/2022
3-Month Tenor Deposit Rate of Banks 4.94
 Dec, 2021
Monthly Average Prime Lending Rate 11.68
 Dec, 2021
Spot Price of Nigeria's Reference Crude Oil US$91.7 1/21/2022

Full dates are in the format mm/dd/yyyy
Facts : 1/1/1995
National Clearing System Re-Visited:In January 1995, a revised clearing rule became operational to facilitate effective clearing of financial instruments and shorten the period of clearing. Consequently, inter-state cheque clearing time was reduced from 21 days to 15 days, while intra-state clearing has been reduced from 12 days to 9 days.
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