NGN live macro board

Nigeria Macro Data Board

Country-level macro coverage for NGN research.

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.

Open USD/NGN dashboard Latest readings Release calendar Nigeria bond yields Nigeria indicators API coverage

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.

Indicator Latest Previous Change Updated Source Links
Central Bank Policy Rate
Monetary Policy
 26.5 26.5 0 2026-06-05 CBN Page /Release /API
Inflation Rate (CPI/HICP)
Economy
 15.91 15.93 -0.02 2026-07-15 CBN Page /Release /API
Core Inflation
Economy
 15.92 16.82 -0.9 2026-07-15 CBN Page /Release /API
Unemployment Rate
Labor Market
 26.5 26.5 0 2026-04-06 NBS Page /Release /API
Trade Balance
Economy
 150.401 146.962 +3.439 2026-05-11 NBS 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
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, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.

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.

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
  • 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.

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 10 / 10
Labor Market 5 / 5
Money & Credit 3 / 3
Monetary Policy 4 / 4
Government Bond Yields 8 / 8
Interest Rates 1 / 1
Additional Indicators 6 / 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 pending Monetary Policy
Open page

Inflation Rate (CPI/HICP)

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

Published page Monthly %YoY Starts pending Economy
Open page

Core Inflation

CPI excluding volatile items like food and energy.

Published page Monthly %YoY Starts pending Economy
Open page

Producer Price Index (PPI)

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

Published page Quarterly %YoY Starts pending Economy
Open page

Gross Domestic Product (GDP) Growth

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

Published page Quarterly %YoY Starts pending Economy
Open page

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Quarterly % Starts pending Labor Market
Open page

Trade Balance

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

Published page Quarterly NGN bn Starts pending Economy
Open page

Retail Sales

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

Published page Monthly %MoM Starts pending Economy
Open page

Published Nigeria indicator pages

Filter by indicator name, source, cadence, or category.

Economy 10 pages

Business Confidence

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

Monthly Index (0-100 normalized) Starts pending
Country page Country list

Consumer Confidence

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

Monthly Index (0-100 normalized) Starts pending
Country page Country list

Core Inflation

CPI excluding volatile items like food and energy.

Monthly %YoY Starts pending
Country page Country list

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly USD mn Starts pending
Country page Country list

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 Starts pending
Country page Country list

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 Starts pending
Country page Country list

Producer Price Index (PPI)

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

Quarterly %YoY Starts pending
Country page Country list

Retail Sales

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

Monthly %MoM Starts pending
Country page Country list

Trade Balance

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

Quarterly NGN bn Starts pending
Country page Country list

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) Starts pending
Country page Country list
Labor Market 5 pages

Labor Force Participation Rate

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

Quarterly % Starts pending
Country page Country list

Unemployment Rate

Percentage of the labor force that is unemployed.

Quarterly % Starts pending
Country page Country list
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly NGN mn Starts pending
Country page Country list

M2 Money Supply

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

Monthly NGN mn Starts pending
Country page Country list

Broad Money (M3)

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

Monthly NGN mn Starts pending
Country page Country list
Monetary Policy 4 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 Starts pending
Country page Country list

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 pending
Country page Country list

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Monthly % Starts pending
Country page Country list
Government Bond Yields 8 pages
Interest Rates 1 pages

Overnight Deposit Rate

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

Monthly % Starts pending
Country page Country list
Additional Indicators 6 pages

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.

Published page Monthly Central Bank of Nigeria Starts pending
Country page Compare countries

Consumer Confidence

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

Published page Monthly Central Bank of Nigeria Starts pending
Country page Compare countries

Current Account Balance

Measures trade in goods and services and income flows.

Published page Quarterly IMF International Financial Statistics Starts pending
Country page Compare countries

Gross Domestic Product (GDP) Growth

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

Published page Quarterly CBN Starts pending
Country page Compare countries

Inflation Rate (CPI/HICP)

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

Published page Monthly CBN Starts pending
Country page Compare countries

Producer Price Index (PPI)

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

Published page Quarterly ABS Starts pending
Country page Compare countries

Retail Sales

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

Published page Monthly ABS Starts pending
Country page Compare countries

Trade Balance

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

Published page Quarterly NBS Starts pending
Country page Compare countries

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.

Published page Monthly Bank for International Settlements Starts pending
Country page Compare countries
Labor Market 5 tracked

Labor Force Participation Rate

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

Published page Quarterly NBS Starts pending
Country page Compare countries
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Published page Monthly CBN Starts pending
Country page Compare countries

M2 Money Supply

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

Published page Monthly CBN Starts pending
Country page Compare countries

Broad Money (M3)

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

Published page Monthly CBN Starts pending
Country page Compare countries
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 pending
Country page Compare countries

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 pending
Country page Compare countries

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page Monthly CBN Starts pending
Country page Compare countries
Government Bond Yields 8 tracked
Interest Rates 1 tracked

Overnight Deposit Rate

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

Published page Monthly CBN Starts pending
Country page Compare countries
Additional Indicators 6 tracked

NGN market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

Central Bank of Nigeria policy guidance and rate-decision language.

Driver 2

Inflation surprises relative to target and market expectations.

Driver 3

Growth momentum across GDP, retail demand, and industrial activity.

Driver 4

Labour-market pressure, wage-sensitive releases, and unemployment trends.

Driver 5

Trade, external-balance, and commodity-linked flows where relevant.

Explore other countries

Move laterally into another country hub while keeping the same indicator-first structure.

Argentina (ARS) Australia (AUD) Bolivia (BOB) Brazil (BRL) Canada (CAD) Chile (CLP) China (CNY) Colombia (COP) Czechia (CZK) Denmark (DKK) Eurozone (EUR) Hong Kong (HKD) Hungary (HUF) Iceland (ISK) India (INR) Indonesia (IDR)