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Nigerian Naira (NGN)

Nigeria — Central Bank of Nigeria
FX Session:
London
USD/NGN
1380.43290
USD/NGN Exchange Rate
NGN country and API coverage
Tracked indicators 37

Catalogue entries available for this market.

Published latest rows 5

Indicators with recent values loaded for this page.

Source groups 8

Publisher groups represented in coverage metadata.

Primary FX pair USD/NGN

Displayed with the chart and linked market workflows.

NGN currency market profile

Core identifiers, trading context, and product links for Nigeria coverage.

Currency code NGN

Nigerian Naira

Policy institution Central Bank of Nigeria

Primary central-bank or monetary authority reference.

Primary USD pair USD/NGN

Fast path into the FX pair dashboard and market profile.

Trading session London

Approximate primary liquidity window used across FXMacroData pages.

Symbol ₦

Display symbol used in product surfaces.

Also known as None listed

Common market shorthand where available.

Nigeria macro brief

The highest-signal pages for Nigeria include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Gross Domestic Product (GDP) Growth, with each page linking back to the source metadata, release history, and API endpoint.

Nigeria macro data matters for NGN because rates, inflation, growth, labour data, and external balances shape central-bank pricing and capital-flow expectations. This page brings those indicator families into one country-level map.

The Central Bank of Nigeria is the main policy institution to watch when reading Nigeria data. Inflation, activity, and labour-market surprises help traders judge whether policy is likely to tighten, stay restrictive, or move toward easing.

What to watch
  • Upcoming inflation and policy-rate releases.
  • Revisions to prior data that change the trend, not only the latest print.
  • Divergence between local data momentum and major trading partners.
  • Whether the release changes central-bank reaction-function pricing.
Economic Indicators
Indicator Latest Previous Change Date Data starts
Policy Rate 27.5 27.5 0.00 2025-06-30 2006-01-31
Inflation 26.06 24.94 +1.12 2025-06-30 2003-01-31
Core Inflation 24.92 23.95 +0.97 2025-06-30 2003-01-31
Unemployment 27.5 27.5 0.00 2025-06-30 2017-09-30
Trade Balance 27.5 27.5 0.00 2025-06-30 2017-03-31
NGN API docs and available data

This replaces the separate currency API hub. Search the full NGN catalogue, then open detailed endpoint docs for any published indicator.

Economy 10 endpoints

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) Central Bank of Nigeria
Data starts Pending
/api/v1/announcements/ngn/business_confidence
Endpoint docs Indicator overview

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) Central Bank of Nigeria
Data starts Pending
/api/v1/announcements/ngn/consumer_confidence
Endpoint docs Indicator overview

Core Inflation

CPI excluding volatile items like food and energy.

Monthly %YoY CBN
Data starts 2003-01-31 Latest available 2026-05-31
/api/v1/announcements/ngn/core_inflation
Endpoint docs Indicator overview

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly USD mn IMF International Financial Statistics
Data starts Pending
/api/v1/announcements/ngn/current_account_balance
Endpoint docs Indicator overview

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly %YoY CBN
Data starts Pending
/api/v1/announcements/ngn/gdp
Endpoint docs Indicator overview

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY CBN
Data starts 2003-01-31 Latest available 2026-05-31
/api/v1/announcements/ngn/inflation
Endpoint docs Indicator overview

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Quarterly %YoY ABS
Data starts Pending
/api/v1/announcements/ngn/ppi
Endpoint docs Indicator overview

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %MoM ABS
Data starts Pending
/api/v1/announcements/ngn/retail_sales
Endpoint docs Indicator overview

Trade Balance

The difference between the value of a country's exports and imports.

Quarterly NGN bn NBS
Data starts 2017-03-31 Latest available 2026-03-31
/api/v1/announcements/ngn/trade_balance
Endpoint docs Indicator overview

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) Bank for International Settlements
Data starts Pending
/api/v1/announcements/ngn/trade_weighted_index
Endpoint docs Indicator overview
Labor Market 5 endpoints

Employment Level

Total number of employed persons.

Quarterly Persons NBS
Data starts 2019-01-31 Latest available 2026-03-31
/api/v1/announcements/ngn/employment
Endpoint docs Indicator overview

Full-Time Employment

Number of persons employed full-time.

Monthly Persons ABS
Data starts Pending
/api/v1/announcements/ngn/full_time_employment
Endpoint docs Indicator overview

Part-Time Employment

Number of persons employed part-time.

Monthly Persons ABS
Data starts Pending
/api/v1/announcements/ngn/part_time_employment
Endpoint docs Indicator overview

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Quarterly % NBS
Data starts 2019-01-31 Latest available 2026-03-31
/api/v1/announcements/ngn/participation_rate
Endpoint docs Indicator overview

Unemployment Rate

Percentage of the labor force that is unemployed.

Quarterly % NBS
Data starts 2017-09-30 Latest available 2026-03-31
/api/v1/announcements/ngn/unemployment
Endpoint docs Indicator overview
Money & Credit 3 endpoints

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly NGN mn CBN
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/ngn/m1
Endpoint docs Indicator overview

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly NGN mn CBN
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/ngn/m2
Endpoint docs Indicator overview

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly NGN mn CBN
Data starts 2009-12-31 Latest available 2026-05-31
/api/v1/announcements/ngn/m3
Endpoint docs Indicator overview
Monetary Policy 4 endpoints

Central Bank Total Assets

Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.

Monthly NGN CBN
Data starts 2005-01-31 Latest available 2023-11-30
/api/v1/announcements/ngn/cb_assets
Endpoint docs Indicator overview

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Daily USD bn CBN
Data starts 2006-04-03 Latest available 2026-06-25
/api/v1/announcements/ngn/foreign_reserves
Endpoint docs Indicator overview

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Monthly % CBN
Data starts 2006-01-31 Latest available 2026-05-31
/api/v1/announcements/ngn/policy_rate
Endpoint docs Indicator overview

Risk Free Rate

Overnight lending rate between banks.

Monthly % CBN
Data starts 2006-01-31 Latest available 2026-02-28
/api/v1/announcements/ngn/risk_free_rate
Endpoint docs Indicator overview
Government Bond Yields 8 endpoints

10-Year Government Bond Yield

Reference information for 10-Year Government Bond Yield.

Auction % CBN
Data starts Pending
/api/v1/announcements/ngn/gov_bond_10y
Endpoint docs Indicator overview

20-Year Government Bond Yield

Reference information for 20-Year Government Bond Yield.

Auction % CBN
Data starts Pending
/api/v1/announcements/ngn/gov_bond_20y
Endpoint docs Indicator overview

2-Year Government Bond Yield

Reference information for 2-Year Government Bond Yield.

Auction % CBN
Data starts Pending
/api/v1/announcements/ngn/gov_bond_2y
Endpoint docs Indicator overview

30-Year Government Bond Yield

Reference information for 30-Year Government Bond Yield.

Auction % CBN
Data starts Pending
/api/v1/announcements/ngn/gov_bond_30y
Endpoint docs Indicator overview

3-Year Government Bond Yield

Reference information for 3-Year Government Bond Yield.

Auction % CBN
Data starts Pending
/api/v1/announcements/ngn/gov_bond_3y
Endpoint docs Indicator overview

5-Year Government Bond Yield

Reference information for 5-Year Government Bond Yield.

Auction % CBN
Data starts Pending
/api/v1/announcements/ngn/gov_bond_5y
Endpoint docs Indicator overview

7-Year Government Bond Yield

Reference information for 7-Year Government Bond Yield.

Auction % CBN
Data starts Pending
/api/v1/announcements/ngn/gov_bond_7y
Endpoint docs Indicator overview

Inflation-Linked Bond Yield

Reference information for Inflation-Linked Bond Yield.

Daily % RBA
Data starts Pending
/api/v1/announcements/ngn/inflation_linked_bond
Endpoint docs Indicator overview
Interest Rates 1 endpoints

Overnight Deposit Rate

Overnight deposit rate at registered banks. RBNZ daily banking rates.

Monthly % CBN
Data starts 2006-01-31 Latest available 2026-05-31
/api/v1/announcements/ngn/deposit_rates
Endpoint docs Indicator overview
Additional Indicators 6 endpoints

Central Bank Reserves - Domestic Currency

Reference information for Central Bank Reserves - Domestic Currency.

Monthly NGN CBN
Data starts Pending
/api/v1/announcements/ngn/cb_reserves_domestic_currency
Endpoint docs Indicator overview

Central Bank Reserves - Foreign Currency

Reference information for Central Bank Reserves - Foreign Currency.

Daily USD bn CBN
Data starts Pending
/api/v1/announcements/ngn/cb_reserves_foreign_currency
Endpoint docs Indicator overview

Central Bank Reserves - Gold

Reference information for Central Bank Reserves - Gold.

Monthly USD mn Central Bank
Data starts Pending
/api/v1/announcements/ngn/cb_reserves_gold
Endpoint docs Indicator overview

Commodity Prices

Indicator validated by integration tests.

Monthly USD/bbl CBN
Data starts 2006-01-31 Latest available 2026-05-31
/api/v1/announcements/ngn/commodity_prices
Endpoint docs Indicator overview

FX Reserves

Indicator validated by integration tests.

Daily USD bn CBN
Data starts Pending
/api/v1/announcements/ngn/fx_reserves
Endpoint docs Indicator overview

Quarterly GDP

Indicator validated by integration tests.

Quarterly NGN bn CBN
Data starts Pending
/api/v1/announcements/ngn/gdp_quarterly
Endpoint docs Indicator overview
Central Bank of Nigeria Press Releases

No press releases available.

Upcoming Releases
  • Policy Rate
  • Risk Free Rate
  • Policy Rate
  • Risk Free Rate
  • Policy Rate
  • Risk Free Rate
NGN Quick Links
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NBS 4 series
Central Bank of Nigeria 2 series
IMF International Financial Statistics 1 series
Bank for International Settlements 1 series
RBA 1 series
Central Bank 1 series
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