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Macro Economic Indicators

Economic Indicators Value As at:
Money Supply (M3) N56,043,932.2million Apr, 2023
Credit to Other Sectors N44,100,134.1million Apr, 2023
Year-on-Year All Item Inflation Rate 22.22 Apr, 2023
Average Inter-bank Call Rate 16.00
Monetary Policy Rate 18.5   6/1/2023
Treasury Bill Rate 91-Day Tenor 2.29
3-Month Tenor Deposit Rate of Banks 7.92
Apr, 2023
Monthly Average Prime Lending Rate 14.05
Apr, 2023
Spot Price of Nigeria's Reference Crude Oil US$74.7 6/1/2023

Full dates are in the format mm/dd/yyyy
Facts : 1/1/1900
London Club of Creditors:These are mainly uninsured and unguaranteed debts extended by commercial banks to nationals of debtor nations. Members of the club are commercial banks mainly in industrialized countries. The first London club meeting was held in 1976 to discuss re-payment and conclude re-structuring agreements.
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