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Macro Economic Indicators


Economic Indicators Value As at:
Broad Money Supply (M2) N35,167,530.0million Apr, 2019
Credit to the Private Sector (CPS) N24,896,673.0million Apr, 2019
Year-on-Year All Item Inflation Rate 11.4 May, 2019
Average Inter-bank Call Rate 7.00
6/18/2019
Monetary Policy Rate 13.5   5/17/2019
Treasury Bill Rate 91-Day Tenor 10.3
3/20/2019
3-Month Tenor Deposit Rate of Banks 9.15
Apr, 2019
Monthly Average Prime Lending Rate 18.23
Apr, 2019
Spot Price of Nigeria's Reference Crude Oil US$75.8 5/17/2019
Nigeria's Gross External Reserves US$45,087,550,533.0 6/20/2019


Full dates are in the format mm/dd/yyyy
Facts : 7/1/1959
BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government.
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