Central Bank Policy Rate
Live series
Monetary Policy / Monthly
23
NGN live macro board
Nigeria Macro Data Board
Nigerian naira — oil-linked frontier currency driven by CBN policy and FX liquidity.
The Nigerian naira (NGN) is the official currency of Nigeria, Africa's most populous country. Crude oil provides most of Nigeria's export earnings, so oil production and prices strongly influence dollar supply. Exchange-rate reforms since 2023 have moved the naira towards a more market-determined rate.
Nigeria latest macro readings
A scan-ready view of the main NGN indicators, linking each series to its country page, latest announcement, and API endpoint.
Central Bank Total Assets
Live series
Monetary Policy / Monthly
147,983,472.61
Foreign Exchange Reserves
Live series
Monetary Policy / Daily
55.255
Overnight Deposit Rate
Live series
Interest Rates / Monthly
12.2
| Indicator | Latest | Previous | Change | Updated | Source | Links |
|---|---|---|---|---|---|---|
|
Central Bank Policy Rate
Monetary Policy
|
23 | 26.5 | -3.5 | 2026-09-22 | CBN | Page /Release /API |
|
Central Bank Total Assets
Monetary Policy
|
147,983,472.61 | 140,405,418.69 | +7,578,053.92 | 2026-06-30 | CBN | Page /Release /API |
|
Foreign Exchange Reserves
Monetary Policy
|
55.255 | 55.177 | +0.078 | 2026-10-26 | CBN | Page /Release /API |
|
Overnight Deposit Rate
Interest Rates
|
12.2 | 12.69 | -0.49 | 2026-09-30 | CBN | Page /Release /API |
Nigeria release calendar
Upcoming and recent macro events for the NGN country view.
NGN currency market profile
Core identifiers, trading context, and product links for the NGN market.
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
naira
Common market shorthand where available.
Nigeria macro brief
The highest-signal pages for Nigeria include Central Bank Policy Rate, Central Bank Total Assets, Foreign Exchange Reserves, Overnight Deposit Rate, with each page linking back to the source metadata, release history, and API endpoint.
The Central Bank of Nigeria's Monetary Policy Committee sets the Monetary Policy Rate (MPR) at scheduled meetings. In June 2023 the CBN unified Nigeria's official foreign-exchange windows, and its policy since then has focused on containing high inflation and improving FX market liquidity.
For NGN research, combine the country-level release map with the USD/NGN dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.
The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.
What to watch
- CBN Monetary Policy Committee decision.
- Nigeria CPI release.
- Crude oil benchmark prices.
- CBN external reserve disclosures.
- USD/NGN official rate.
Nigeria source map
Publisher groups represented in the checked-in coverage catalogue for this market.
CBN
23 series
ABS
4 series
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
Nigeria coverage by category
The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.
Economy
0 / 10
Labor Market
0 / 5
Money & Credit
0 / 3
Monetary Policy
3 / 4
Government Bond Yields
0 / 8
Interest Rates
1 / 1
Additional Indicators
0 / 6
Key Nigeria indicators
Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Published page
Monthly
%
Starts 2006-12-31
Monetary Policy
Central Bank Total Assets
Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.
Published page
Monthly
NGN mn
Starts 2020-01-31
Monetary Policy
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.
Published page
Daily
USD bn
Starts 2006-04-03
Monetary Policy
Overnight Deposit Rate
Overnight deposit rate at registered banks. RBNZ daily banking rates.
Published page
Monthly
%
Starts 2006-01-31
Interest Rates
Published Nigeria indicator pages
Filter by indicator name, source, cadence, or category.
Monetary Policy
3 pages
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 mn
Starts 2020-01-31
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
Starts 2006-04-03
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Monthly
%
Starts 2006-12-31
Interest Rates
1 pages
Overnight Deposit Rate
Overnight deposit rate at registered banks. RBNZ daily banking rates.
Monthly
%
Starts 2006-01-31
Tracked Nigeria data catalogue
Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.
Economy
10 tracked
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Tracked in catalogue
Monthly
Central Bank of Nigeria
Starts pending
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Tracked in catalogue
Monthly
Central Bank of Nigeria
Starts pending
Core Inflation
CPI excluding volatile items like food and energy.
Tracked in catalogue
Monthly
CBN
Starts pending
Current Account Balance
Measures trade in goods and services and income flows.
Tracked in catalogue
Quarterly
IMF International Financial Statistics
Starts pending
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Tracked in catalogue
Quarterly
CBN
Starts pending
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Tracked in catalogue
Monthly
CBN
Starts pending
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Tracked in catalogue
Quarterly
ABS
Starts pending
Retail Sales
Measures change in the total value of sales at the retail level.
Tracked in catalogue
Monthly
ABS
Starts pending
Trade Balance
The difference between the value of a country's exports and imports.
Tracked in catalogue
Quarterly
NBS
Starts pending
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.
Tracked in catalogue
Monthly
Bank for International Settlements
Starts pending
Labor Market
5 tracked
Employment Level
Total number of employed persons.
Tracked in catalogue
Quarterly
NBS
Starts pending
Full-Time Employment
Number of persons employed full-time.
Tracked in catalogue
Monthly
ABS
Starts pending
Part-Time Employment
Number of persons employed part-time.
Tracked in catalogue
Monthly
ABS
Starts pending
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Tracked in catalogue
Quarterly
NBS
Starts pending
Unemployment Rate
Percentage of the labor force that is unemployed.
Tracked in catalogue
Quarterly
NBS
Starts pending
Money & Credit
3 tracked
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
Tracked in catalogue
Monthly
CBN
Starts pending
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Tracked in catalogue
Monthly
CBN
Starts pending
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Tracked in catalogue
Monthly
CBN
Starts pending
Monetary Policy
4 tracked
Central Bank Total Assets
Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.
Published page
Monthly
CBN
Starts 2020-01-31
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.
Published page
Daily
CBN
Starts 2006-04-03
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Published page
Monthly
CBN
Starts 2006-12-31
Risk Free Rate
Overnight lending rate between banks.
Tracked in catalogue
Monthly
CBN
Starts pending
Government Bond Yields
8 tracked
10-Year Government Bond Yield
Tracked in catalogue
Auction
CBN
Starts pending
20-Year Government Bond Yield
Tracked in catalogue
Auction
CBN
Starts pending
2-Year Government Bond Yield
Tracked in catalogue
Auction
CBN
Starts pending
30-Year Government Bond Yield
Tracked in catalogue
Auction
CBN
Starts pending
3-Year Government Bond Yield
Tracked in catalogue
Auction
CBN
Starts pending
5-Year Government Bond Yield
Tracked in catalogue
Auction
CBN
Starts pending
7-Year Government Bond Yield
Tracked in catalogue
Auction
CBN
Starts pending
Inflation-Linked Bond Yield
Tracked in catalogue
Daily
RBA
Starts pending
Interest Rates
1 tracked
Overnight Deposit Rate
Overnight deposit rate at registered banks. RBNZ daily banking rates.
Published page
Monthly
CBN
Starts 2006-01-31
Additional Indicators
6 tracked
Central Bank Reserves - Domestic Currency
Tracked in catalogue
Monthly
CBN
Starts pending
Central Bank Reserves - Foreign Currency
Tracked in catalogue
Daily
CBN
Starts pending
Central Bank Reserves - Gold
Tracked in catalogue
Monthly
Central Bank
Starts pending
Commodity Prices
Price measure for the economy's principal commodity exports. Published as an index or as a benchmark price depending on the market; check the unit for each currency.
Tracked in catalogue
Monthly
CBN
Starts pending
FX Reserves
Official foreign-currency reserve assets held by the central bank. Reported in the unit each authority publishes; check the unit before comparing markets.
Tracked in catalogue
Daily
CBN
Starts pending
Quarterly GDP
Quarterly gross domestic product: total output of the economy in the quarter. Published as a growth rate or a level depending on the market.
Tracked in catalogue
Quarterly
CBN
Starts pending
Nigeria guides and research
Explainers and analysis about Nigeria and the NGN, with the by-country tables that put its numbers in context.
Compare Nigeria with other countries
Risk-free rates by country
The overnight benchmark rate for each currency, side by side.
Policy rates by country
Current central-bank policy rates across every covered market.
Inflation by country
Latest annual consumer price inflation for each market.
Government bond yields by country
Sovereign yields by maturity across covered markets.
NGN market drivers
Evergreen macro forces to keep beside the country data table.
Driver 1
CBN Monetary Policy Rate decisions.
Driver 2
Nigeria headline and food inflation.
Driver 3
Crude oil prices and domestic oil output.
Driver 4
Dollar liquidity in the official FX market.
Driver 5
Foreign portfolio flows and external reserves.
Driver 6
Remittance inflows from the Nigerian diaspora.
NGN questions traders ask
Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.
What is the Monetary Policy Rate?
The MPR is the Central Bank of Nigeria's benchmark interest rate, set by its Monetary Policy Committee and used to anchor short-term rates.
Why does oil matter so much for the naira?
Crude oil generates most of Nigeria's export earnings and a large share of government revenue. Changes in oil prices or production directly affect the supply of US dollars available to the FX market.
What changed in Nigeria's exchange-rate regime in 2023?
In June 2023 the Central Bank of Nigeria unified the country's official foreign-exchange windows, allowing the naira to trade at a more market-determined rate.
Explore other countries
Move laterally into another country hub while keeping the same indicator-first structure.