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Economic Indicators

As at:
Broad Money Supply (M2)
Credit to the Private Sector (CPS)
Year-on-Year All Item Inflation Rate
Average Inter-bank Call Rate
Monetary Policy Rate
Treasury Bill Rate 91-Day Tenor
3-Month Tenor Deposit Rate of Banks
Monthly Average Prime Lending Rate
Spot Price of Nigeria's Reference Crude Oil
Nigeria's Gross External Reserves		 N13,300,339.2million
N12,934,341.3million
10.3
12.7700
12
14.7999
6.8
16.75
US$112.1
US$34,718,029,875.1
 Dec, 2011
Dec, 2011
Dec, 2011
2/2/2012
1/26/2012
1/26/2012
Dec, 2011
Dec, 2011
1/26/2012
2/2/2012

Full dates are in the format mm/dd/yyyy
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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