Data from the National Bureau of Statistics for the month of September 2017 reveals Nigeria's inflation rate currently stands at about 15.98%, the lowest since May 2016. Nigeria's inflation rate galloped into double digits for the most part of 2016 as the effects of the rise in electricity tariffs, the...
Nigerians spent a total of N83.2 trillion as consumption expenditure in the fiscal year ended December 2016. This is according to Gross Domestic Product (expenditure approach) data from the National Bureau of Statistics. Nigerians consumption expenditure of N83.2 million is higher than the N74.4 trillion spent in 2015. All figures...
Probably now more than ever before has Nigeria needed all the help it can receive from international institutions. One of these institutions that seems to be coming through for the country is the African Development Bank. Some would say this is not too surprising considering that its current president,...
The chart below depicts the growth in Net Asset Value of Real Estate Based funds versus Equity Based funds in Nigeria every month since January 2013.   The chart speaks for itself, however here is our own interpretation of what we see; The equities based funds have nose...
A compilation of about 75 key Nigerian economic data.
Companies listed on the Nigerian Stock Exchange have raised a total of about N6 trillion from the equities market since 1999. This is according to data from the NSE on total amount raised from approved offers between the period 1999 and 2017. Total amount raised in our interactive chart     The approved...
What is Credit to the private sector? Credit to the private sector is the total amount of loans lent to businesses in Nigeria by Nigerian banks. Where is it sourced? This data is sourced from the website of the Central Bank of Nigeria and it is updated periodically.
Nigeria's external reserve for the month of July 2017 was N30.9 billion while that of June was N30.3 billion. Here is Nigeria's external reserve position every month from January 1999. This historical data of Nigeria's external reserves is sourced from the Central Bank of Nigeria.   Send an email to info@nairametrics.com if...
The Central Bank as part of its monetary policy tools issues treasury bills on behalf of the government to the general public. Treasury Bills are short-dated government securities sold for a tenor of 91 days, 182 days and 364 days respectively. Treasury Bills rates are determined based on bids...
This data includes capital importation every quarter from 2013.
This data shows the total currency in circulation in Nigeria from the year 2000.
The Monetary Policy Rates is the rates at which the CBN lends money to commercial banks. It is the benchmark interest rate in Nigeria. Treasury Bills are short term government debt securities sold to the public in return for interest payments and principal at the end of the tenor. Treasury...
The National Bureau of Statistics released data on Nigeria's crude oil production value and volume from 1961 to 2014. The data shows Nigeria had a production volume of about of 32.7 billion barrels of crude oil since independence, valued at about N118.4 trillion. Here are a few nuggets from the data; ...
Data from the National Bureau of Statistics reveal the following 6 states have grown their local debt profile by about 49% and above using their compounded annual growth rate, CAGR. The report is contained in the Bureau's local and foreign debt profile for the Federal and State Government for the...
Latest data from the National Bureau of Statistics list cashew nuts as the top of the most exported agricultural products in Nigeria for the second quarter of 2017. This was contained in the second quarter Foreign Trade Report released by the statistics bureau. According to the data, a total of...
The National Bureau of Statistics reported last week that Nigeria's inflation rate rose 16.01% for the month of August 2017. This compares to the 16.05% inflation rate for the month of July 2017 and the 7th consecutive month of a slow down in the rise in inflation rate. Highlights of...
Data gathered from major markets in Nigeria reveal prices of Ijebu Garri have continied to drop for the 4th week running in Ago Ishaga Market in Lagos. Nairametrics research conducts household food price survey on a biweekly basis monitoring prices of select food in major markets across the state. The research...
Nigerians worried about the rising food prices should breathe a sigh of relief, as prices of some basic staple food items dropped in the month of August compared to July. Data from Nairametrics household food items shows prices from our basket reduced across major household items especially staple foods such...
Seasamum Seeds rose to the top of Nigeria's Agricultural exports for the first quarter of 2017 according to data from the National Bureau of Statistics. According to the data, Sesamum Seeds exports was valued at N13 billion in the first quarter of the year. According to the data, Nigeria...
The latest Nairametrics Household Food index reveals prices of items under our watchlist rose 1.9% for the fortnight ended July 8th 2017. Nairametrics Food Price Survey is an unofficial tracker of prices of household food and related items in select markets within Lagos. Highlights of Week ended July 8th 2017 ...
Data from the National Bureau of Statistics show Nigerians spent a N11.3 trillion in the third quarter of 2016 as household consumption expenditure. This was a whopping N1.79 trillion higher than what was spent in the second quarter of the year. The data is obtained from the Bureau's third quarter...
Data from Nairametrics bi-weekly household food tracker shows food prices within Lagos rose by 1.1% at the end of June 10 2017 compared to 2.6%  two weeks earlier May 27, 2017. Nairametrics household food tracker tracks the prices of select household food items over a two-week period. The data...
The National Bureau of Statistics has released its 2016 FY Labour Force and Productivity data showing Nigerians labour productivity decreased to N684.4 for the year ended December 2016, compared to N718.13 in the year ended December 2015. Nigerians also clocked in a combined 148,282,982,466 hours in the whole of...
The effects of the recession were once again brought to the fore as the National Bureau of Statistics (NBS) yesterday released the fourth  quarter 2016 Underemployment/Unemployment report. Here are key highlights from the report: In percentages Unemployment rose by 14.2 % in Q4 2016, showing an increase for the third consecutive...
Bi-weekly prices of household food items in Lagos State.
Nairametrics| Deposit Money Banks (DMB's) in Nigeria reported a total of N137.29 billion in taxes for the financial year 2016. The figure represents a 43% increase from the N95.8 billion paid by banks in 2015. Highlights Banks reported a total pre-tax profits of about N578 billion for...
Nairametrics| The National Bureau of Statistics has released its 2017 February Consumer Price Index revealing that Nigeria's inflation rate increased by 17.78 percent for the period under review. This is the first time the inflation rate has dropped in 15 Months. Here are the key highlights On a Headline basis,...
This data displays a trend of Nigeria's Real Gross Domestic Product (GDP) Growth Rate from 1982 to 2015. The data was obtained from various reports published by the National Bureau of Statistics. GDP Growth rates are stated annually only. Sources: National Bureau of Statistics GDP 1981 - 2010 After rebasing exercice 2011...
Nairametrics| The National Bureau of Statistics publishes data on Nigeria's Foreign Trade. The data is published on a quarterly basis and details the value of goods imported into Nigeria as well as those exported outside Nigeria. This table outlines the top agricultural products exported out of Nigeria for the 3rd...
Latest data from the National Bureau of Statistics shows Nigeria's capital importation dropped by a whopping 46.8% to N$5.1 billion on a year on year basis. Capital importation represents the total value of foreign direct and portfolio investments into Nigeria in any given period. Total value of capital imported into...