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Macro Economic Indicators

Economic Indicators Value As at:
Money Supply (M3) N52,140,943.3million Dec, 2022
Credit to Other Sectors N41,802,192.1million Dec, 2022
Year-on-Year All Item Inflation Rate 21.34 Dec, 2022
Average Inter-bank Call Rate
Monetary Policy Rate 17.5   1/26/2023
Treasury Bill Rate 91-Day Tenor 0.29
3-Month Tenor Deposit Rate of Banks 8.79
Dec, 2022
Monthly Average Prime Lending Rate 13.85
Dec, 2022
Spot Price of Nigeria's Reference Crude Oil US$87.7 1/26/2023

Full dates are in the format mm/dd/yyyy
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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