FX RATES
FX RATES

Key Economic Indicators

Key Economic Indicators

Q2 2017 Q3 2017 Q4 2017 Q1 2018
GDP Growth          0.72% 1.17%

 

2.11%

 

1.95%

 

Unemployment Rate

 

16.20% 18.80% N/A N/A
Headline Inflation

 

16.10% 15.98% 15.37% 12.48%
FX Reserves (USD’bn)

 

30.29 32.49 38.77 46.26
Trade Balance (N’bn)

 

506.5 1224.67 1798.30 2175.08
Exports (N’bn)

 

3,102 3,573 3,911 4,693
Imports (N’bn)

 

2,596 2,349 2,112 2,518
MPR

 

14.00% 14.00% 14.00% 14.00%
1yr T-Bill

 

22.05% 19.69% 17.59% 15.13%
10yr FGN Bond Yield

 

16.04% 15.67% 14.22% 13.68%
Equities Market Capitalisation (N’tr)

 

11.45 12.22 13.61 14.99
Interbank market FX rate (NGN/USD)

 

305.40 306.00 306.15 305.65
Parallel market FX rate (NGN/USD)

 

367 363 363 362

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