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Nigeria

NG · currency NGN (Nigerian naira)

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Overview

Coverage: 40 of 42 annual indicators reported, latest years 2016–2026. Gaps read “not available” (source has no figure) or “not yet covered” (not yet collected), never zero.

Currencies & Rates

Official and market exchange rates, policy rates, government yields, bank rates, reserves and stock indices.

Exchange rates

NGN per US$1. Official and market rates are separate series and are never blended.
SeriesRateAs ofSource
Official rate 1,331.19 8 Oct 2026, 23:00 UTC CBN
Parallel-market rate (USDT peer-to-peer median) parallel 1,362.99 10 Oct 2026, 23:00 UTC Bybit P2P
Market premium% by which the market rate exceeds the official rate +2.39% +0.89% pts over 7 days How we measure

Market premium history · since Aug 2026 · collected by The African Exponent

1.6%3%4.5%Aug 2026Sep 2026Oct 2026

Official rate, 10-year annual average (NGN per US$1, World Bank)

1508251,50020142017202020232025

Policy rate

InstrumentRateEffectiveSource
Monetary Policy Rate% per year · Central Bank of Nigeria 26.50% 21 Jul 2026 Central Bank of Nigeria

Checked 5 Oct 2026, 09:31 UTC

Government securities yields

% yield at the latest auction for each tenor. Tenors up to 364 days are Treasury bills; longer tenors are bonds. Source: DMO

91-day stop rate 16.30%9 Sep 2026
182-day stop rate 16.50%9 Sep 2026
364-day stop rate 16.62%9 Sep 2026
10y marginal 16.79%14 Sep 2026
15y marginal 16.85%14 Sep 2026
20y marginal 17.19%17 Aug 2026

Steep — 20y above 91-day.

Stock market

not yet covered · NGX All Share

Annual indicators

Annual indicators · latest year reported for Nigeria · change over the period shown
Indicator Latest Year Change Source Data
FX reserves Current US$, total reserves including gold includes gold $46B 2025 ↑ $11B since 2014 World Bank CSV Rank Compare
Lending rate % per year, average bank lending rate 14% 2023 ↓ 2.5 pts since 2014 World Bank CSV Rank Compare
Deposit rate % per year, average bank deposit rate 7.8% 2023 ↓ 1.5 pts since 2014 World Bank CSV Rank Compare
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Economy & Prices

Output, growth, inflation, jobs, investment, the structure of the economy and minimum wages.

Inflation % change from a year earlier

SeriesYear on yearPeriodSource
Headline consumer prices 15.39% Aug 2026 National statistics office

Food and core inflation are not on the NBS All-Items widget; they may unlock when the full CPI PDF is reachable.

Checked 16 Sep 2026, 06:00 UTC

Annual indicators

Annual indicators · latest year reported for Nigeria · change over the period shown
Indicator Latest Year Change Source Data
GDP Current US$ $290.8B 2025 ↓ $283.4B since 2014 World Bank CSV Rank Compare
GDP growth % change, real (inflation-adjusted) 4% 2025 ↓ 2.3 pts since 2014 World Bank CSV Rank Compare
GDP per capita (PPP) Current international $ per person, PPP $9,532 2025 ↑ $2,135 since 2014 World Bank CSV Rank Compare
GDP per capita growth % change per person, real 1.9% 2025 ↓ 1.6 pts since 2014 World Bank CSV Rank Compare
Unemployment % of labour force ILO modeled estimate — national definitions differ 3.1% 2025 ↓ 0.8 pts since 2014 World Bank CSV Rank Compare
Agriculture share of GDP Agriculture value added, % of GDP 23% 2025 ↑ 3 pts since 2014 World Bank CSV Rank Compare
Manufacturing share of GDP Manufacturing value added, % of GDP 8.3% 2025 ↓ 1.4 pts since 2014 World Bank CSV Rank Compare
Services share of GDP Services value added, % of GDP 58.2% 2025 ↑ 4.1 pts since 2014 World Bank CSV Rank Compare
Minimum wage Local currency per month, national statutory floor National monthly floor. Act exempts establishments with fewer than 25 workers and some other categories. ₦70,000 / month 2024 — National Minimum Wage (Amendment) Act 2024 CSV Rank Compare

Not available for Nigeria: Investment rate.

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Public Finance & Debt

Government revenue, budget balance, public and external debt, debt service and sovereign credit ratings.

Sovereign credit ratings

AgencyRatingOutlook · actionSource
Fitch B StableAffirmed 10 Apr 2026 · as of 10 Apr 2026 Agency release
Moody's B3 PositiveOutlook raised 28 Aug 2026 · as of 28 Aug 2026 Agency release
S&P B StableUpgraded 15 May 2026 · as of 15 May 2026 Agency release

Annual indicators

Annual indicators · latest year reported for Nigeria · change over the period shown
Indicator Latest Year Change Source Data
Government revenue / GDP General government revenue, % of GDP 2026 is an IMF projection (forecast) for the year in progress when fetched, not a reported outturn. 10.6% 2026 ↑ 2.8 pts since 2014 IMF DataMapper CSV Rank Compare
Budget balance / GDP General government net lending/borrowing, % of GDP Latest 1–2 years are IMF estimates -4.4% 2026 ↓ 2.7 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
Debt to GDP General government gross debt, % of GDP Latest 1–2 years are IMF estimates 32.3% 2026 ↑ 16.6 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
Gross debt (national currency) General government gross debt, local currency Latest 1–2 years are IMF estimates ₦171.1T 2026 ↑ ₦151.1T since 2014 IMF World Economic Outlook Oct 2025 CSV
External debt Total external debt stocks, current US$ $108.8B 2024 ↑ $62.1B since 2014 World Bank CSV Rank Compare
Debt service / exports Total debt service, % of exports and primary income 21.9% 2024 ↑ 19.2 pts since 2014 World Bank CSV Rank Compare
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Trade & Resources

Exports, imports, trade partners and products, investment and remittance flows, oil and commodities.

Trade profile

Goods and services, current US$
FlowLatestChange
Exports $62.5B · 2025 ↓ $22B since 2014
Imports $62.6B · 2025 ↓ $23.8B since 2014
Balance derived −$72M · 2025 ↑ $1.8B since 2014

Top exports · 2025

Products

  1. Mineral fuels$48.2B · 85.9%
  2. Cocoa and cocoa preparations$2.4B · 4.2%
  3. Fertilisers$2.2B · 3.9%
  4. Ships and boats$711.2M · 1.3%
  5. Edible fruit and nuts$533.9M · 1.0%
Show all 10 products
  1. Oil seeds and oleaginous fruits$404.5M · 0.7%
  2. Pearls, precious stones and metals$230.8M · 0.4%
  3. Aluminium$225.6M · 0.4%
  4. Salt, earths, stone, cement$144.5M · 0.3%
  5. Copper$109.9M · 0.2%

Partners

  1. India$5.9B · 10.5%
  2. Spain$4.9B · 8.7%
  3. Netherlands$4.9B · 8.7%
  4. France$4B · 7.2%
  5. United States$3.2B · 5.8%
Show all 10 partners
  1. Canada$2.8B · 5.1%
  2. Indonesia$2.5B · 4.5%
  3. Italy$2.5B · 4.4%
  4. Côte d'Ivoire$1.9B · 3.4%
  5. China$1.8B · 3.3%

Top imports · 2025

Products

  1. Mineral fuels$14.7B · 33.2%
  2. Machinery and mechanical appliances$5.1B · 11.5%
  3. Vehicles other than railway$3.2B · 7.3%
  4. Electrical machinery and equipment$2.7B · 6.1%
  5. Plastics$2.2B · 4.9%
Show all 10 products
  1. Cereals$1.4B · 3.2%
  2. Miscellaneous chemical products$1.3B · 2.9%
  3. Articles of iron or steel$938M · 2.1%
  4. Organic chemicals$876.3M · 2.0%
  5. Sugars and confectionery$849.3M · 1.9%

Partners

  1. China$13B · 29.4%
  2. United States$5.6B · 12.6%
  3. India$4.3B · 9.8%
  4. Netherlands$2.2B · 5.0%
  5. Belgium$2.1B · 4.7%
Show all 10 partners
  1. United Arab Emirates$1.9B · 4.2%
  2. Brazil$1.4B · 3.2%
  3. United Kingdom$1.2B · 2.7%
  4. Spain$1B · 2.3%
  5. Germany$829.8M · 1.9%

2025 filings are still arriving — this page updates as each country reports

Commodity exposure for Nigeria →

Annual indicators

Annual indicators · latest year reported for Nigeria · change over the period shown
Indicator Latest Year Change Source Data
Exports of goods and services Goods and services, current US$ $62.5B 2025 ↓ $22B since 2014 World Bank CSV Rank Compare
Exports per capita derived Current US$ per person (derived) $263.31 2025 ↓ $191.71 since 2014 Derived from World Bank series on this page CSV Rank Compare
Current account / GDP Current-account balance, % of GDP Latest 1–2 years are IMF estimates 5.8% 2026 ↑ 5.7 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
FDI inflows Foreign direct investment, net inflows, current US$ $4B 2025 ↓ $688.5M since 2014 World Bank CSV Rank Compare
Remittances Personal remittances received, current US$ $22.8B 2025 ↑ $1.8B since 2014 World Bank CSV Rank Compare
Terms of trade Net barter terms of trade, index (2015 = 100) 127.10 2024 ↓ 19.10 since 2014 World Bank CSV Rank Compare
Crude production Crude oil production, barrels per day EIA · thousand barrels/day 1.61 million b/d 2025 ↓ 741.8 kb/d since 2014 EIA CSV Rank Compare
Tourist arrivals International tourist arrivals per year 5.3M 2016 ↑ 462,000 since 2014 World Bank CSV Rank Compare
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People & Society

Population, health, education, poverty and inequality, access to services and democracy.

Annual indicators · latest year reported for Nigeria · change over the period shown
Indicator Latest Year Change Source Data
Population People, total 237.5M 2025 ↑ 51.6M since 2014 World Bank CSV Rank Compare
Median age Years 17.8 years 2023 ↑ 1.1 years since 2014 UN WPP 2024, via Our World in Data CSV
Life expectancy Years at birth 54.6 years 2024 ↑ 2.7 years since 2014 World Bank CSV Rank Compare
Child mortality Under-5 deaths per 1,000 live births 115.6 per 1,000 2024 ↓ 3.1 since 2014 World Bank CSV Rank Compare
Health expenditure Current health spending, % of GDP 4.2% 2023 ↑ 0.8 pts since 2014 World Bank CSV Rank Compare
Physicians Per 1,000 people 0.4 per 1,000 2023 ↓ 0 since 2016 World Bank CSV Rank Compare
Adult literacy % of people aged 15 and over 70.4% 2024 ↑ 12.2 pts since 2016 World Bank CSV Rank Compare
Poverty ($3/day) % of people below $3.00 a day (2021 PPP) 41.8% 2022 ↑ 6 pts since 2015 World Bank CSV Rank Compare
National poverty line % of people below the national poverty line 56.2% 2022 ↑ 16.1 pts since 2018 World Bank CSV
Gini index Income inequality, 0 (equal) to 100 33.90 2022 ↓ 2.00 since 2015 World Bank CSV Rank Compare
Electricity access % of population 62.5% 2024 ↑ 8.3 pts since 2014 World Bank CSV Rank Compare
Internet users % of population using the internet 41.2% 2024 ↑ 20.2 pts since 2014 World Bank CSV Rank Compare
Account ownership % of people aged 15+ with an account Findex · every 3–4 years 63.3% 2024 ↑ 18.8 pts since 2014 World Bank CSV Rank Compare
Electoral democracy V-Dem electoral democracy index, 0 to 1 0.51 2025 ↓ 0.02 since 2014 V-Dem Institute CSV Rank Compare

Not available for Nigeria: Tertiary enrollment.

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Listed companies

Listed in Nigeria, country of incorporation not established

Listed on the Nigerian Exchange (NGX); no official source we collected states where these companies are incorporated, so they are not counted as Nigeria companies.

All listed companies · Company CSV downloads

Downloads

Each indicator row above has its own CSV link. Every file starts with its source, source URL and page link. All downloads

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