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  • Economic Indicators As at:
    M2*
    CPS*
    INF
    IBR
    MPR
    91-day NTB
    DPR
    PLR
    Bonny Light
    Ext Res**
    N16,570,246.0m
    N17,658,757.5m
    8.3
    11.1700
    12
    9.95
    9.31
    16.44
    US$87.4
    US$39,063,642,187.2
    Sep, 2014
    Sep, 2014
    Sep, 2014
    10/22/2014
    10/22/2014
    9/24/2014
    Sep, 2014
    Sep, 2014
    10/22/2014
    10/23/2014

    *Provisional data
    **30 day moving average with effect from November, 2011
    Full dates are in the format mm/dd/yyyy
  • Inflation rates from Oct, 2013 to Sep, 2014
    Max = 8.5, Min = 7.7 for period in display.
    Current Inflation rate = 8.3



Dutch Auction System

Date Total Sold
10/20 Auction No. 79 held with 21 Banks biding for a total of $804,102,803.13 (the lowest bid was $155.70). Total amount sold was $499,939,154.55. Click on date to see the detailed breakdown of the auction. ($499,939)
10/15 Auction No. 78 held with 22 Banks biding for a total of $349,977,055.35 (the lowest bid was $155.75). Total amount sold was $349,977,055.35. Click on date to see the detailed breakdown of the auction. ($349,977)
10/13 Auction No. 77 held with 22 Banks biding for a total of $349,964,600.27 (the lowest bid was $155.65). Total amount sold was $349,964,600.27. Click on date to see the detailed breakdown of the auction. ($349,964)
Note.: the above figures are in thousands of U$D. Retail DAS commenced on October 2, 2013.

Exchange Rates (NGN)
¥JPY1.447Down
WAUA231.0424Up
$USD155.76Up
CHF163.4761Up
SDR231.4594Up
SAR41.5105Down
£GBP249.6989Up
As at October 23, 2014
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CBN Museum
Facts : 1/16/2006
The Cowry:The Cowry has, for centuries, served our people as an important form of currency. In 1860 the following system was in use: 40 Cowries formed a "String"; 50 Strings made a "head" and 10 heads comprised a "bag". In Lagos in 1865 one bag of 20,000 shells was exchanged for one or two English Pounds.
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