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E.1.1
Business Expectations Survey - National
E.1.1.1 Business Expectations Survey - North Central
E.1.1.2 Business Expectations Survey - North East
E.1.1.3 Business Expectations Survey - North West
E.1.1.4 Business Expectations Survey - South East
E.1.1.5 Business Expectations Survey – South South
E.1.1.6 Business Expectations Survey – South West
E.2.1
Consumer Expectations Survey - National
E.2.1.1 Consumer Expectations Survey - North Central
E.2.1.2 Consumer Expectations Survey - North East
E.2.1.3 Consumer Expectations Survey - North West
E.2.1.4 Consumer Expectations Survey – South East
E.2.1.5 Consumer Expectations Survey – South South
E.2.1.6 Consumer Expectations Survey – South West
E.3.1
Inflation Attitudes Survey
E.4.1
Credit Conditions Survey: Secured Lending
E.4.2
Credit Conditions Survey: Unsecured Lending
E.4.3
Credit Conditions Survey: Corporate Lending
E.5.1
Purchasing Managers' Index - Manufacturing
E.5.2
Purchasing Managers' Index - Non Manufacturing
Return to Menu
Table E.1.1:
Business
Expectations
Survey -
National

Q2
Q3
Q4
1. Overall
Business
Outlook on the
Macroeconomy
Confidence
Index: All
Sectors
Current
Quarter
National
10.161662817551967

3.8
Next Quarter
National
63.741339491916861
58.8
39.70000
2. Business
Outlook Index
on the
Macroeconomy
by Sector:
Current
Quarter
Industrial
Sector
21.666666666666668
14.88095238095238
-6.95187
Construction
Sector
5.1948051948051948
43.835616438356169
12.90322
Wholesale and
Retail Trade
-12.290502793296088
16.12903225806452
6.666666
Services Sector
of which:
14.673913043478262
11.627906976744189
-4.87804
Financial
Intermediation
44.444444444444443
36.36363636363636
-21.0526
Hotels and
Restaurants
8.5365853658536572
16.326530612244898
12.28070
Renting and
Business
Activities
33.962264150943398
-16.12903225806452
34.375
Community
and Social
Services
78.571428571428569
-24.137931034482758 25.42372
3. Business
Outlook Index
on the
Macroeconomy
by Sector: Next
Quarter
Industrial
Sector
68.067226890756302
58.805970149253739
37.63440
Construction
Sector
63.636363636363626
79.452054794520549
65.625
Wholesale and
Retail Trade
77.222222222222229
57.837837837837839
40.55555
Services Sector
of which:
54.74254742547425

31.70731
Financial
Intermediation
55.555555555555557
72.72727272727272
36.84210
Hotels and
Restaurants
71.951219512195124
62.62626262626263
47.36842
Renting and
Business
Activities
88.679245283018872
51.612903225806448
59.375
Community
and Social
Services
93.333333333333329
55.172413793103445
29.31034
4. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
21.338912133891213
12.759643916913948
-2.67379
Construction
Sector
66.233766233766218
20.833333333333332
-12.5
Wholesale and
Retail Trade
29.651162790697676
3.7634408602150557
9.444444
Services Sector -4.6070460704607044
16.442953020134226
15.86206
5. Business
Outlook Index
on Own
Operations :
Current
Quarter
Volume of
Business
Activity Index
21.478060046189377
24.2
15.1
Volume of
Total Order
Book Index
-2.3094688221709028
22.700000000000003
12.3
Credit Access
Index
3.002309468822169
-0.5
-6.9
Financial
Condition
Index
18.591224018475753
12.700000000000003
7.9
Average
Capacity
Utilization
77.367205542725173
21.3
19.39999
6. Business
Outlook Index
on Own
Operations :
Next Quarter
Volume of
Business
Activity Index
46.189376443418013
74.8
57.2
Employment
Outlook Index
70.55427251732101
44.6
39.6
7. Employment
Outlook Index
on Own
Operations by
Sector: Next
Quarter
Industrial
Sector
51.694915254237287
40.059347181008903
37.43315
Construction
Sector
39.759036144578317
56.164383561643838
59.375
Wholesale and
Retail Trade
29.60893854748603
47.8494623655914
80.55555
Services Sector 52.602739726027394
45.302013422818796
73.10344
8. Business
with Expansion
Plans (in per
cent): Next
Quarter
Industrial
Sector
75.630252100840337
70.029673590504444
61.49732
Construction
Sector
69.736842105263165
68.493150684931507
59.375
Wholesale and
Retail Trade
43.888888888888886
67.204301075268816
60.55555
Services Sector
of which:
75.37688442211055
72.093023255813947
67.47967
Financial
Intermediation
77.777777777777771
63.636363636363633
73.68421
Hotels and
Restaurants
82.926829268292678
69.696969696969703
63.15789
Renting and
Business
Activities
64.15094339622641
70.967741935483872
71.875
Community
and Social
Services
86.666666666666671
51.724137931034484
72.88135
9. Business
Constraints:
Current
Quarter
High Interest
Rate
58.140877598152429
57.150000000000006
55.4
Unclear
Economic Laws
36.085450346420323
35.15
35.4
Lack of
Equipment
16.281755196304847
5.0000000000000036
13.6
Insufficient
Demand
9.8729792147805995
2.5499999999999972
13.9
Access to
Credit
26.501154734411081
18.649999999999999

Financial
Problems
42.147806004618936
41.55
41.2
Competition
34.237875288683597
32.699999999999996
38.1
Labor Problems -14.318706697459582
-16.549999999999997 -8.5
Lack of
Materials Input
5.3695150115473407
-2.8500000000000014 10.19999
Unfavourable
Political
Climate
17.609699769053115
13.900000000000006
23.7
Unfavourable
Economic
Climate
43.360277136258659
37.450000000000003

Insufficient
Power Supply
68.533487297921468
68.5
60.8
10. Business
Expectation
Index on
Selected
Economic
Indicators:
Current
Quarter
N/$ Exchange
Rate
14.780600461893766
17.8
-5.4
Inflation Rate
24.711316397228636
22.200000000000003

Borrowing Rate -3.4642032332563559
-2.8999999999999986 12
11. Business
Expectation
Index on
Selected
Economic
Indicators:
Next Quarter
N/$ Exchange
Rate
28.637413394919164
24.9
3.5
Inflation Rate
-3.4642032332563559
-2.8999999999999986 12
Borrowing Rate -0.46189376443417984 -1.3999999999999986 -2
12. Business
Outlook index
on the
Macroeconomy
by Type of
Business:
Current
Quarter
Importer
3.9215686274509807
14.88095238095238
7.731958
Exporter
42.857142857142861
43.835616438356169
-14.2857
Both Importer
and Exporter
6.8493150684931479
16.12903225806452
15.06849
Neither
Importer nor
exporter
11.090225563909776
7.7181208053691321
-2.31958
13. Business
Outlook index
on the
Macroeconomy
by Type of
Business: Next
Quarter
Importer
64.052287581699346
63.190184049079754
35.38461
Exporter
85.185185185185176
61.290322580645153

Both Importer
and Exporter
56.164383561643838
60.139860139860147
39.72602
Neither
Importer nor
exporter
65.103189493433391
57.685352622061487
40.82687
14. Business
Outlook index
on the
Macroeconomy
by Size of
Business:
Current
Quarter
Small (<50)
5.3601340033500833
13.572542901716069
6.746031
Medium (50
and <200)
17.901234567901234
19.075144508670522
-9.6
Large (200 and
Up)
23.529411764705884
19.230769230769234
6.779661
15. Business
Outlook index
on the
Macroeconomy
by Size of
Business: Next
Quarter
Small (<50)
65.66164154103852
59.126365054602182
40.87301
Medium (50
and <200)
64.596273291925471
59.064327485380119

Large (200 and
Up)
52.427184466019419
60.256410256410263
29.31034
16. Percentage
Distribution of
Respondent
Firms by Type
of Business
Importer
17.66743648960739
18.303571428571427
28.30188
Exporter
3.2332563510392611
3.4598214285714284
3.047895
Both Importer
and Exporter
17.5745958429561
16.183035714285701
10.59506
Neither
Importer nor
exporter
61.547344110854503
62.0419642857143
58.01349
17. Percentage
Distribution of
Respondent
Firms by
Employment
Size
Small (<50)
69.053117782909936
71.875
73.29462
Medium (50
and <200)
18.706697459584294
19.308035714285715
18.14223
Large (200 and
Up)
11.893764434180138
8.7053571428571423
8.563134
No Response
0.34642032332563133 0.1116071428571388

18. Distribution
of Respondent
Firms by Sector
Sample Size
(N)

Response
Rate(%)
80.558139534883722
83.348837209302332
81.52380
All Sectors

Industrial
Sector

Construction
Sector

Wholesale and
Retail Trade

Services Sector
of which:

Financial
Intermediation

Hotels and
Restaurants

Renting and
Business
Activities

Community
and Social
Services

19. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Current
Quarter
Industrial
Sector
6.0046189376443415
5.6135735544217678
-1.51869
Construction
Sector
0.46189376443418012 3.5714285714285721
0.482363
Wholesale and
Retail Trade
-2.5546079708929517
3.3482142857142865
1.401869
Services Sector 6.2525102921980116

20. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Next Quarter
Industrial
Sector
18.86389659790013
22.183502132196164
8.221535
Construction
Sector
5.6581986143187057
6.4732142857142856
2.453271
Wholesale and
Retail Trade
16.050808314087764
12.006515444015445
8.528037
Services Sector 23.325635103926093

21. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
5.9137862726719295
4.8133478168715564
-0.58411
Construction
Sector
5.8891454965357948
1.6973586309523809
-0.46728
Wholesale and
Retail Trade
6.1630592405607185
0.78125000000000044 1.985981
Services Sector -1.9630484988452654
5.4871015100671139
5.373831
Financial
Condition
Index

Employment
Outlook Index
on Own
Operations by
Sector: Next
Quarter
Industrial
Sector
14.326535405331349
15.111673378550233
8.177570
Construction
Sector
3.5351567934555779
4.5758928571428577
2.219626
Wholesale and
Retail Trade
6.1542828389693831
9.9330357142857153
16.93925
Services Sector 22.413869467556708
15.117524568552255
24.76635
Employment
Outlook Index
46.429844505313014
44.738126518531061
52.10280
23. Drivers of
macroeconomic
Outlook by
type of
business:
Current
Quarter
Importer
0.69284064665127021 2.7237457482993195
2.188290
Exporter
1.3856812933025406
1.5166340508806264
-0.43541
Both Importer
and Exporter
1.2037394412983624
2.6101670506912429
1.596516
Neither
Importer nor
exporter
6.825739290489504
4.7884737535954018
-1.34567
Macroeconomic
Outlook Index
10.108000671741678
11.639020603466591
2.003719
24. Drivers of
macroeconomic
Outlook by
type of
business: Next
Quarter
Importer
11.316397228637413
11.56606047326906
10.01451
Exporter
2.7542554101445558
2.120535714285714
1.066763
Both Importer
and Exporter
9.8706634186465774
9.7324550449550387
4.208998
Neither
Importer nor
exporter
40.069284064665126
35.789125871867746
23.68509
Macroeconomic
Outlook Index:
Next Quarter
64.010600122093678
59.208177104377555
38.97537
25. Drivers of
macroeconomic
Outlook by Size
of Business:
Current
Quarter
Small (<50)

6.2
3.2
Medium (50
and <200)
3.3487297921478056
3.6830357142857149
-1.74165
Large (200 and
Up)
2.7985328080423857
1.674107142857143
0.580551
Macroeconomic
Outlook Index:
Current
Quarter
10.147262600190192
11.557142857142857
2.038896
Source: Central
Bank of Nigeria
Return to
Menu
Table E.1.1.1:
Business
Expectations
Survey - North
Central

Q2
Q3
Q4
1. Overall
Business
Outlook on the
Macroeconomy
Confidence
Index: All
Sectors
Current
Quarter
North Central
25.280898876404493
30.199999999999996
60.3
Next Quarter
North Central
67.415730337078656
66.900000000000006
79.400000
2. Business
Outlook Index
on the
Macroeconomy
by Sector:
Current
Quarter
Industrial
Sector
48.275862068965516
26.666666666666668
22.9
Construction
Sector
3.125
27.27272727272727

Wholesale and
Retail Trade

35.555555555555557
70.599999
Services Sector
of which:

66.7
Financial
Intermediation

Hotels and
Restaurants

38.46153846153846
58.3
Renting and
Business
Activities

-12.5
92.9
Community
and Social
Services
14.285714285714281

3. Business
Outlook Index
on the
Macroeconomy
by Sector: Next
Quarter
Industrial
Sector
80.701754385964918
71.621621621621628
68.599999
Construction
Sector
56.25
63.636363636363633

Wholesale and
Retail Trade
58.333333333333343
64.444444444444443
94.1
Services Sector
of which:
68.181818181818187
53.333333333333336
91.7
Financial
Intermediation

Hotels and
Restaurants

61.538461538461533
66.7
Renting and
Business
Activities

62.5
64.3
Community
and Social
Services
57.142857142857146

92.9
4. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
39.655172413793096
22.666666666666671
-2.9
Construction
Sector
-15.625
18.18181818181818
66.7
Wholesale and
Retail Trade
2.7777777777777786
15.555555555555554
58.8
Services Sector 30.769230769230766
26.190476190476193
61.1
5. Business
Outlook Index
on Own
Operations :
Current
Quarter
Volume of
Business
Activity Index
33.707865168539321
40.700000000000003
47.62
Volume of
Total Order
Book Index
43.82022471910112
38.900000000000006
55.6
Credit Access
Index
14.04494382022472
0.60000000000000142 32.6
Financial
Condition
Index
19.662921348314605
19.199999999999996
42.8
Average
Capacity
Utilization
32.584269662921351
33.099999999999994
56.4
6. Business
Outlook Index
on Own
Operations :
Next Quarter
Volume of
Business
Activity Index
80.337078651685388
82.6
94.4
Employment
Outlook Index

46.5
66.599999
7. Business
with
Expansion
Plans (in per
cent): Next
Quarter
Industrial
Sector
74.137931034482762

Construction
Sector

63.636363636363633

Wholesale and
Retail Trade
80.555555555555557
71.111111111111114

Services Sector
of which:
77.272727272727266
86.666666666666671

Financial
Intermediation

Hotels and
Restaurants

69.230769230769226

Renting and
Business
Activities

62.5

Community
and Social
Services
85.714285714285708

8. Business
Constraints:
Current
Quarter
High Interest
Rate
64.044943820224717
58.05
59.5
Unclear
Economic
Laws
33.988764044943821
30.299999999999997
35.700000
Lack of
Equipment
25.842696629213489
6.6500000000000021
17.5
Insufficient
Demand
12.640449438202246
3.8000000000000007
21.4
Access to
Credit
42.696629213483149
10.5
24.6
Financial
Problems
56.460674157303373
42.449999999999996
33.700000
Competition
33.988764044943821
42.45
42.1
Labor
Problems
0.28089887640449263 -20.9
-20.6
Lack of
Materials Input
12.359550561797761
4.0500000000000043
12.3
Unfavourable
Political
Climate
13.483146067415731
7.2500000000000071
13.5
Unfavourable
Economic
Climate
48.31460674157303
41.25

Insufficient
Power Supply
66.292134831460672
77.25
80.599999
9. Business
Expectation
Index on
Selected
Economic
Indicators:
Current
Quarter
N/$ Exchange
Rate
5.617977528089888
25.599999999999998
33.299999
Inflation Rate
29.213483146067411
16.3
40.5
Borrowing
Rate
-6.1797752808988804 3.4999999999999964
4.8
10. Business
Expectation
Index on
Selected
Economic
Indicators:
Next Quarter
N/$ Exchange
Rate
23.033707865168537
39.6
11.9
Inflation Rate
4.4943820224719104
1.2
4.8
Borrowing
Rate
0.56179775280899236 0
15.9
11. Percentage
Distribution of
Respondent
Firms by Type
of Business
Importer
8.9887640449438209
13.953488372093023
34.126984
Exporter
1.6853932584269662
3.4883720930232558
0.7936507
Both Importer
and Exporter
12.921348314606741
12.209302325581396
7.9365079
Neither
Importer nor
exporter
75.842696629213478
70.348837209302332
48.412698
12. Percentage
Distribution of
Respondent
Firms by
Employment
Size
Small (<50)
88.764044943820224
79.651162790697668
90.476190
Medium (50
and <200)
7.3033707865168536
15.697674418604651
7.1428571
Large (200 and
Up)
3.9325842696629212
4.6511627906976747
2.3809523
No Response

13.
Distribution of
Respondent
Firms by
Sector
All Sectors

Industrial
Sector

Construction
Sector

Wholesale and
Retail Trade

Services Sector
of which:

Financial
Intermediation

Hotels and
Restaurants

Renting and
Business
Activities

Community
and Social
Services

14. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Current
Quarter
Industrial
Sector
15.730337078651687
11.560693641618498
6.3611111
Construction
Sector
0.5617977528089888
1.7341040462427744
2.3809523
Wholesale and
Retail Trade
5.0561797752808983
9.2485549132947966
19.050793
Services Sector 0
9.7109826589595372
28.585714
15. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
12.921348314606741
9.8265895953757241
-0.805555
Construction
Sector
-2.8089887640449436 1.1560693641618496
1.5880952
Wholesale and
Retail Trade
0.56179775280898891 4.0462427745664735
15.866666
Services Sector 8.9887640449438191
6.3583815028901736
26.185714
Source: Central
Bank of
Nigeria
Return to
Menu
Table E.1.1.2:
Business
Expectations
Survey - North
East

Q2
Q3
Q4
1. Overall
Business
Outlook on the
Macroeconomy
Confidence
Index: All
Sectors
Current
Quarter
North East

8.6999999999999993 11.9565217
Next Quarter
North East
60.000000000000007 52.2
36.9
2. Business
Outlook Index
on the
Macroeconomy
by Sector:
Current
Quarter
Industrial
Sector
25.925925925925927 -12.500000000000004 17.2413793
Construction
Sector

33.333333333333329 0
Wholesale and
Retail Trade

-6.25
Services Sector
of which:
-52.631578947368418 -16.666666666666668 26.3157894
Financial
Intermediation

-50
Hotels and
Restaurants

9.0909090909090917 20
Renting and
Business
Activities
16.666666666666668 40

Community
and Social
Services

-20
16.6666666
3. Business
Outlook Index
on the
Macroeconomy
by Sector: Next
Quarter
Industrial
Sector
70.370370370370367 29.166666666666664 31.0344827
Construction
Sector

66.6666666
Wholesale and
Retail Trade
71.428571428571431 75
31.25
Services Sector
of which:
15.789473684210527 33.333333333333329 42.1052631
Financial
Intermediation

Hotels and
Restaurants

63.63636363636364

Renting and
Business
Activities

Community
and Social
Services

4. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
55.55555555555555
12.5
17.2413793
Construction
Sector

-33.333333
Wholesale and
Retail Trade

41.666666666666664 -6.25
Services Sector -15.384615384615383 18.309859154929576 18.1818181
5. Business
Outlook Index
on Own
Operations :
Current
Quarter
Volume of
Business
Activity Index
21.176470588235297 27.5
21.8
Volume of
Total Order
Book Index
27.058823529411768 23.199999999999996 22.8
Credit Access
Index
2.352941176470587
5.8
3.3
Financial
Condition
Index
15.294117647058822 20.299999999999997 12
Average
Capacity
Utilization
24.705882352941178 15.9
28.3
6. Business
Outlook Index
on Own
Operations :
Next Quarter
Volume of
Business
Activity Index
69.411764705882348 63.800000000000004 60.9
Employment
Outlook Index
36.470588235294116 31.900000000000002 34.7999999
7. Business
with
Expansion
Plans (in per
cent): Next
Quarter
Industrial
Sector
81.481481481481481 69.565217391304344 68.9655172
Construction
Sector

66.666666666666671 100
Wholesale and
Retail Trade
60.714285714285715 75

Services Sector
of which:
68.421052631578945 66.666666666666671 73.6842105
Financial
Intermediation

Hotels and
Restaurants

72.727272727272734 90
Renting and
Business
Activities
83.333333333333329 80

Community
and Social
Services

83.3333333
8. Business
Constraints:
Current
Quarter
High Interest
Rate
56.470588235294116 47.9
28.8
Unclear
Economic
Laws
-50
40.649999999999991 39.1
Lack of
Equipment
33.529411764705891 13
9.19999999
Insufficient
Demand
21.764705882352942 15.150000000000006 2.7
Access to
Credit
25.882352941176471 7.3000000000000007 24.5
Financial
Problems
-37.647058823529406 44.250000000000007 38.6
Competition
-49.999999999999986 27.499999999999996 40.7999999
Labor
Problems
1.1764705882352935 -8.75
-6
Lack of
Materials Input

11.650000000000006 1.6
Unfavourable
Political
Climate
20.588235294117649 15.949999999999996 19.6000000
Unfavourable
Economic
Climate
49.411764705882348 33.349999999999994 29.3
Insufficient
Power Supply
85.882352941176464 79.750000000000014 54.9
9. Business
Expectation
Index on
Selected
Economic
Indicators:
Current
Quarter
N/$ Exchange
Rate
1.1764705882352935 -11.6
-50
Inflation Rate
50.588235294117652 30.5
4.3
Borrowing
Rate
31.764705882352942 31.9
4.3
10. Business
Expectation
Index on
Selected
Economic
Indicators:
Next Quarter
N/$ Exchange
Rate
18.823529411764703 23.2
10.9
Inflation Rate
31.764705882352942 33.4
32.6
Borrowing
Rate
30.588235294117649 18.899999999999999 17.3999999
11. Percentage
Distribution of
Respondent
Firms by Type
of Business
Importer
11.764705882352942 14.492753623188406 11.9565217
Exporter
3.5294117647058822 2.9
10.8695652
Both Importer
and Exporter
10.588235294117647 13.043478260869565 8.69565217
Neither
Importer nor
exporter
74.117647058823536 69.563768115942025 68.4782608
12. Percentage
Distribution of
Respondent
Firms by
Employment
Size
Small (<50)
62.352941176470587 65.217391304347828 68.4782608
Medium (50
and <200)
30.588235294117649 27.536231884057973 25
Large (200 and
Up)
7.0588235294117645 7.2463768115942031 6.52173913
No Response

13.
Distribution of
Respondent
Firms by
Sector
All Sectors

Industrial
Sector

Construction
Sector

Wholesale and
Retail Trade

Services Sector
of which:

Financial
Intermediation

Hotels and
Restaurants

Renting and
Business
Activities

Community
and Social
Services

14. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Current
Quarter
Industrial
Sector
8.235294117647058
-4.2253521126760578 5.43478260
Construction
Sector
2.3529411764705883 2.8169014084507036 0
Wholesale and
Retail Trade

8.4507042253521121 -1.0869565
Services Sector -11.76470588235294
-6.8075117370892029 12.5858123
15. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
17.647058823529409 4.225352112676056
5.43478260
Construction
Sector
2.3529411764705883 0
-1.0869565
Wholesale and
Retail Trade

7.0422535211267601 -1.0869565
Services Sector -3.438914027149321
7.4786748660979958 8.69565217
Source: Central
Bank of
Nigeria
Return to
Menu
Table E.1.1.3:
Business
Expectations
Survey - North
West

Q2
Q3
Q4
1. Overall
Business
Outlook on the
Macroeconomy
Confidence
Index: All
Sectors
Current
Quarter
North West
24.999999999999996 38.6
-10.9
Next Quarter
North West
76.19047619047619
62.7
18.8999999
2. Business
Outlook Index
on the
Macroeconomy
by Sector:
Current
Quarter
Industrial
Sector
33.333333333333329 36.53846153846154
4.34782608
Construction
Sector
-66.666666666666671 41.176470588235297 50
Wholesale and
Retail Trade

26.086956521739133 -19.444444
Services Sector
of which:
29.411764705882348 38.461538461538467 -39.130434
Financial
Intermediation

-100
Hotels and
Restaurants
33.333333333333336 52.173913043478265 0
Renting and
Business
Activities

Community
and Social
Services

66.666666666666671 33.2999999
3. Business
Outlook Index
on the
Macroeconomy
by Sector: Next
Quarter
Industrial
Sector
77.777777777777771 65.384615384615387 21.7391304
Construction
Sector

82.352941176470594 100
Wholesale and
Retail Trade

60.869565217391305 13.8888888
Services Sector
of which:
70.588235294117652 61.53846153846154
-8.6956521
Financial
Intermediation

-100

Hotels and
Restaurants
91.666666666666671 52.173913043478258 100
Renting and
Business
Activities
62.5

Community
and Social
Services

66.666666666666671 41.6666666
4. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
5.5555555555555571 -3.8461538461538467 -4.3478260
Construction
Sector
33.333333333333336 0

Wholesale and
Retail Trade

17.391304347826086 -5.5555555
Services Sector 16.279069767441861 28.846153846153847 0
5. Business
Outlook Index
on Own
Operations :
Current
Quarter
Volume of
Business
Activity Index
76.19047619047619
30.999999999999996 13.9
Volume of
Total Order
Book Index
33.333333333333336 31.700000000000003 9.9
Credit Access
Index
-15.476190476190474 4.1999999999999993 -12.9
Financial
Condition
Index
17.857142857142854 11.8
-3
Average
Capacity
Utilization
35.714285714285708 31
13.9
6. Business
Outlook Index
on Own
Operations :
Next Quarter
Volume of
Business
Activity Index

77.3
47.5
Employment
Outlook Index
39.285714285714292 49.7
32.7000000
7. Business
with
Expansion
Plans (in per
cent): Next
Quarter
Industrial
Sector
64.705882352941174 76.92307692307692
47.8260869
Construction
Sector

70.588235294117652 100
Wholesale and
Retail Trade

73.913043478260875 47.2222222
Services Sector
of which:
70.588235294117652 73.07692307692308
69.5652173
Financial
Intermediation

Hotels and
Restaurants

60.869565217391305 66.6666666
Renting and
Business
Activities
62.5
66.666666666666671 0
Community
and Social
Services

83.3333333
8. Business
Constraints:
Current
Quarter
High Interest
Rate
43.452380952380949 50.05
53.5
Unclear
Economic
Laws
28.571428571428569 29.75
26.7
Lack of
Equipment
25.595238095238098 7.6999999999999993 -2
Insufficient
Demand
0.5952380952380949 -4.8000000000000043 8.5
Access to
Credit
29.166666666666664 19.350000000000001 9.4
Financial
Problems
47.023809523809526 39
39.5
Competition
38.69047619047619
18.600000000000005 32
Labor
Problems
38.69047619047619
-7.6500000000000021 -19
Lack of
Materials Input
17.857142857142858 1.0499999999999972 -8.5
Unfavourable
Political
Climate
-14.88095238095238

21.3
Unfavourable
Economic
Climate
38.095238095238088 33.5
44.1
Insufficient
Power Supply
58.928571428571438 76.2
67.8
9. Business
Expectation
Index on
Selected
Economic
Indicators:
Current
Quarter
N/$ Exchange
Rate
22.619047619047617 -20
-6.9
Inflation Rate
41.666666666666671 24.2
25.7
Borrowing
Rate
15.476190476190474 0.7
-2
10. Business
Expectation
Index on
Selected
Economic
Indicators:
Next Quarter
N/$ Exchange
Rate
28.571428571428573 31.7

Inflation Rate
8.3333333333333357 13.8

Borrowing
Rate
7.1428571428571423 1.4

11. Percentage
Distribution of
Respondent
Firms by Type
of Business
Importer
14.285714285714286 15.9

Exporter

2.1

Both Importer
and Exporter
20.238095238095237 12.4

Neither
Importer nor
exporter
65.476190476190482 69.7

12. Percentage
Distribution of
Respondent
Firms by
Employment
Size
Small (<50)
61.904761904761905 64.8

Medium (50
and <200)

26.2

Large (200 and
Up)
11.904761904761905 9

No Response

13.
Distribution of
Respondent
Firms by
Sector
All Sectors

Industrial
Sector

Construction
Sector

Wholesale and
Retail Trade

Services Sector
of which:

Financial
Intermediation

Hotels and
Restaurants

Renting and
Business
Activities

Community
and Social
Services

14. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Current
Quarter
Industrial
Sector
48.275862068965516 26.666666666666668 22.9
Construction
Sector
3.125
27.27272727272727

Wholesale and
Retail Trade

35.555555555555557 70.5999999
Services Sector 0

66.7
15. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
48.275862068965516 26.666666666666668 22.9
Construction
Sector
3.125
27.27272727272727

Wholesale and
Retail Trade

35.555555555555557 70.5999999
Services Sector 0

66.7
Source: Central
Bank of
Nigeria
Return to
Menu
Table E.1.1.4:
Business
Expectations
Survey - South
East

Q2
Q3
Q4
1. Overall
Business
Outlook on the
Macroeconomy
Confidence
Index: All
Sectors
Current
Quarter
South East
-21.83098591549296
-8.6999999999999993 -10.3
Next Quarter
South East
77.464788732394368 53.6
19.8
2. Business
Outlook Index
on the
Macroeconomy
by Sector:
Current
Quarter
Industrial
Sector
-77.777777777777786 5.1282051282051277

Construction
Sector
-100

-20
Wholesale and
Retail Trade
-43.75

-14.814814
Services Sector
of which:
5.2631578947368425 19.047619047619051

Financial
Intermediation

-20
Hotels and
Restaurants
10.714285714285714 33.333333333333329
-5.2631578
Renting and
Business
Activities
33.333333333333336 -75
-100
Community
and Social
Services
27.272727272727273 0
-15.384615
3. Business
Outlook Index
on the
Macroeconomy
by Sector: Next
Quarter
Industrial
Sector
86.111111111111114 60
47.619047
Construction
Sector
83.333333333333329 100

Wholesale and
Retail Trade
37.5
43.75

Services Sector
of which:
84.21052631578948
47.61904761904762
20.833333
Financial
Intermediation

Hotels and
Restaurants
71.428571428571431 100
15.789473
Renting and
Business
Activities
83.333333333333329 100

Community
and Social
Services
90.909090909090907 100

4. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
-16.666666666666664 10
-4.7619047
Construction
Sector
-75

-20
Wholesale and
Retail Trade
-37.5
-15.625
-18.518518
Services Sector 0
2.3809523809523796
11.8
5. Business
Outlook Index
on Own
Operations :
Current
Quarter
Volume of
Business
Activity Index
-12.676056338028172 -4.6999999999999993 -1.6
Volume of
Total Order
Book Index
-5.6338028169014081 -4.6999999999999993 -11.9
Credit Access
Index
-21.12676056338028
-22.1
-28.6
Financial
Condition
Index
-9.8591549295774676 -2.6999999999999993 0
Average
Capacity
Utilization

-0.8
6. Business
Outlook Index
on Own
Operations :
Next Quarter
Volume of
Business
Activity Index
85.91549295774648
76.5
50.8
Employment
Outlook Index
54.929577464788736 50.300000000000004
19.8
7. Business
with
Expansion
Plans (in per
cent): Next
Quarter
Industrial
Sector
55.555555555555557 67.5
66.666666
Construction
Sector
83.333333333333329 80

Wholesale and
Retail Trade
37.5
46.875
14.814814
Services Sector
of which:
36.842105263157897 85.714285714285708
37.5
Financial
Intermediation

Hotels and
Restaurants

58.333333333333336
42.105263
Renting and
Business
Activities
16.666666666666668 75

Community
and Social
Services

23.076923
8. Business
Constraints:
Current
Quarter
High Interest
Rate
54.929577464788728 66.849999999999994
61.5
Unclear
Economic
Laws
55.281690140845072 49.3
21.8
Lack of
Equipment
31.690140845070424 -17.150000000000002 -13.1
Insufficient
Demand
45.774647887323937 7.7000000000000028
-23
Access to
Credit
37.323943661971832 24.8
18.3
Financial
Problems
55.985915492957744 43.9
23.8
Competition
51.760563380281695 9.7999999999999972
10.7
Labor
Problems
-13.380281690140846 -38.549999999999997 -34.1
Lack of
Materials Input

-26.200000000000003 -20.2
Unfavourable
Political
Climate
39.436619718309863 6.7000000000000028
19.399999
Unfavourable
Economic
Climate
54.577464788732399 36.5
38.5
Insufficient
Power Supply
82.74647887323944
73.75
63.9
9. Business
Expectation
Index on
Selected
Economic
Indicators:
Current
Quarter
N/$ Exchange
Rate
39.436619718309856 36.9

Inflation Rate
-14.084507042253517 -5.3
15.1
Borrowing
Rate
-33.098591549295769 -18.8
-34.1
10. Business
Expectation
Index on
Selected
Economic
Indicators:
Next Quarter
N/$ Exchange
Rate

13.4
-29.4
Inflation Rate
-52.112676056338024 -52.4
-21.4
Borrowing
Rate
-51.408450704225352 -26.2
-32.5
11. Percentage
Distribution of
Respondent
Firms by Type
of Business
Importer
33.098591549295776 20.80536912751678
31.746031
Exporter
2.112676056338028
0.67114093959731547 0
Both Importer
and Exporter
3.5211267605633805 11.409395973154362
4.7619047
Neither
Importer nor
exporter
61.267605633802816 67.114093959731548
63.492063
12. Percentage
Distribution of
Respondent
Firms by
Employment
Size
Small (<50)
71.126760563380287 74.496644295302019
71.428571
Medium (50
and <200)
20.422535211267604 17.449664429530202
17.460317
Large (200 and
Up)
7.746478873239437
8.053691275167786
11.111111
No Response

13.
Distribution of
Respondent
Firms by
Sector
All Sectors

Industrial
Sector

Construction
Sector

Wholesale and
Retail Trade

Services Sector
of which:

Financial
Intermediation

Hotels and
Restaurants

Renting and
Business
Activities

Community
and Social
Services

14. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Current
Quarter
Industrial
Sector
-19.718309859154932 1.6813787305590582

Construction
Sector
-4.225352112676056
0.81967213114754089 -1.5873015
Wholesale and
Retail Trade
-4.9295774647887329 0
-3.1746031
Services Sector 3.1134173461823575 7.0257611241217814

15. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
-4.225352112676056
3.2786885245901636
-0.7936507
Construction
Sector
-3.169014084507042
0.81967213114754089 -1.5873015
Wholesale and
Retail Trade
-4.225352112676056
-4.0983606557377055 -3.9682539
Services Sector 0
0.87822014051522201 6.3682539
Source: Central
Bank of
Nigeria
Return to
Menu
Table E.1.1.5:
Business
Expectations
Survey - South
South

Q2
Q3
Q4
1. Overall
Business
Outlook on the
Macroeconomy
Confidence
Index: All
Sectors
Current
Quarter
South South
34.146341463414629
10.4
14.5
Next Quarter
South South
85.365853658536594
61.2
45.2
2. Business
Outlook Index
on the
Macroeconomy
by Sector:
Current
Quarter
Industrial
Sector
4.1666666666666679
24.137931034482758 -23.07692
Construction
Sector

36.36363636363636
-23.07692
Wholesale and
Retail Trade
71.428571428571431

Services Sector
of which:
33.333333333333336
15.384615384615383 23.076923
Financial
Intermediation

Hotels and
Restaurants

17.391304347826086 33.333333
Renting and
Business
Activities
85.714285714285708
-25

Community
and Social
Services

33.299999
3. Business
Outlook Index
on the
Macroeconomy
by Sector: Next
Quarter
Industrial
Sector

46.666666666666664 66.666666
Construction
Sector
66.666666666666671
90.909090909090907 75
Wholesale and
Retail Trade

69.230769
Services Sector
of which:
66.666666666666671
69.230769230769226 44.444444
Financial
Intermediation

Hotels and
Restaurants

58.333333333333336 66
Renting and
Business
Activities

Community
and Social
Services

4. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
33.333333333333329
36.666666666666664 0
Construction
Sector
-46.666666666666664
45.454545454545453 -50
Wholesale and
Retail Trade
35.714285714285708

30.769230
Services Sector 18.018018018018019
25.531914893617021 -11.1
5. Business
Outlook Index
on Own
Operations :
Current
Quarter
Volume of
Business
Activity Index
34.146341463414636
29.299999999999997 30.6
Volume of
Total Order
Book Index
30.487804878048784
32.799999999999997 24.2
Credit Access
Index
-9.7560975609756113
3.5
-11.3
Financial
Condition
Index
15.853658536585364
27.6

Average
Capacity
Utilization
23.170731707317074
32.799999999999997 14.5
6. Business
Outlook Index
on Own
Operations :
Next Quarter
Volume of
Business
Activity Index
89.024390243902445

54.8
Employment
Outlook Index
36.585365853658537

4.8
7. Business
with
Expansion
Plans (in per
cent): Next
Quarter
Industrial
Sector

76.666666666666671 76.923076
Construction
Sector
93.333333333333329
90.909090909090907 75
Wholesale and
Retail Trade
35.714285714285715

53.846153
Services Sector
of which:
66.666666666666671
84.615384615384613 77.8
Financial
Intermediation

Hotels and
Restaurants

91.666666666666671 66.7
Renting and
Business
Activities

87.5

Community
and Social
Services

8. Business
Constraints:
Current
Quarter
High Interest
Rate
69.512195121951237
53.8
49.2
Unclear
Economic
Laws
26.829268292682926
36.200000000000003 24.2
Lack of
Equipment
10.975609756097558
27.950000000000006 19.399999
Insufficient
Demand
-0.60975609756097526 -1.7000000000000028 9.6999999
Access to
Credit
14.024390243902438
39.65
27.4
Financial
Problems
46.951219512195124
46.050000000000004 -31.5
Competition
55.487804878048784
41.449999999999996 33.89
Labor
Problems
-6.0975609756097526
-16.100000000000001 -3.21
Lack of
Materials Input
-0.60975609756097526 3.8499999999999979 23.4
Unfavourable
Political
Climate
12.804878048780484
9.0500000000000043 20.2
Unfavourable
Economic
Climate
20.121951219512191
38.399999999999991 33.1
Insufficient
Power Supply
17.073170731707314
79.349999999999994 39.5
9. Business
Expectation
Index on
Selected
Economic
Indicators:
Current
Quarter
N/$ Exchange
Rate
-10.975609756097562

-29
Inflation Rate
39.024390243902445

12.9
Borrowing
Rate
30.487804878048777
-2
4.8
10. Business
Expectation
Index on
Selected
Economic
Indicators:
Next Quarter
N/$ Exchange
Rate
23.170731707317071
20.7
1.6
Inflation Rate
10.975609756097562
6.9
22.6
Borrowing
Rate
21.95121951219512
-12.1
-1.6
11. Percentage
Distribution of
Respondent
Firms by Type
of Business
Importer
15.853658536585366
20.689655172413794 30.7
Exporter
9.7560975609756095
1.7241379310344827 3.2258064
Both Importer
and Exporter
14.634146341463415
17.241379310344829 6.6
Neither
Importer nor
exporter
59.756097560975611
56.03448275862069
59.677419
12. Percentage
Distribution of
Respondent
Firms by
Employment
Size
Small (<50)
70.731707317073173
85.34482758620689
59.677419
Medium (50
and <200)
20.73170731707317
11.206896551724139 30.6
Large (200 and
Up)
8.536585365853659
3.4482758620689653 9.6774193
No Response

13.
Distribution of
Respondent
Firms by
Sector
All Sectors

Industrial
Sector

Construction
Sector

Wholesale and
Retail Trade

Services Sector
of which:

Financial
Intermediation

Hotels and
Restaurants

Renting and
Business
Activities

Community
and Social
Services

14. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Current
Quarter
Industrial
Sector
1.2195121951219514
7.2413793103448274 -6.249999
Construction
Sector

3.9999999999999996 -1.923076
Wholesale and
Retail Trade
12.195121951219514

20.3125
Services Sector 11.788617886178862
7.5384615384615374 8.6538461
15. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
9.7560975609756078
10.999999999999998 0
Construction
Sector
-8.5365853658536572

-4.166666
Wholesale and
Retail Trade
6.0975609756097553

8.3333333
Services Sector 6.372225884421006
12.51063829787234
-4.162499
Source: Central
Bank of
Nigeria
Return to
Menu
Table E.1.1.6:
Business
Expectations
Survey - South
West

Q2
Q3
Q4
1. Overall
Business
Outlook on the
Macroeconomy
Confidence
Index: All
Sectors
Current
Quarter
South West
8.474576271186443

-25.4
Next Quarter
South West
46.440677966101688
55.1
31.5
2. Business
Outlook Index
on the
Macroeconomy
by Sector:
Current
Quarter
Industrial
Sector
13.888888888888889
5.1282051282051242
-37.5
Construction
Sector
-7.4074074074074048 56.521739130434781
-28.57142
Wholesale and
Retail Trade
-4.7619047619047592 0
-5.769230
Services Sector
of which:
9.1954022988505741
-8.3333333333333321 -41.17647
Financial
Intermediation

-100
Hotels and
Restaurants
8.3333333333333357
-37.5
-40
Renting and
Business
Activities
63.63636363636364
-50

Community
and Social
Services
12.5
-54.545454545454547 0
3. Business
Outlook Index
on the
Macroeconomy
by Sector: Next
Quarter
Industrial
Sector
32.876712328767127
56.521739130434781
18.75
Construction
Sector
48.148148148148145
69.565217391304358
71.428571
Wholesale and
Retail Trade
34.920634920634924
57.142857142857139
40.384615
Services Sector
of which:
47.126436781609193
40.425531914893611
32.352941
Financial
Intermediation

Hotels and
Restaurants
83.333333333333329
56.25

Renting and
Business
Activities
81.818181818181813

Community
and Social
Services

27.272727272727273
-12.5
4. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
-36.986301369863014 8.6206896551724128
-10.9375
Construction
Sector
3.7037037037037024
31.818181818181817

Wholesale and
Retail Trade
-6.3492063492063515 -10.9375

Services Sector -4.5454545454545467 8.6419753086419746
-5.2
5. Business
Outlook Index
on Own
Operations :
Current
Quarter
Volume of
Business
Activity Index
23.050847457627121
22.799999999999997
-5.5
Volume of
Total Order
Book Index
22.033898305084751
17.900000000000002
-9.4
Credit Access
Index
1.3559322033898304
5.7000000000000028
-19.89999
Financial
Condition
Index
-12.203389830508474 9
-5.5
Average
Capacity
Utilization
11.186440677966097
16.700000000000003
7.2
6. Business
Outlook Index
on Own
Operations :
Next Quarter
Volume of
Business
Activity Index
71.186440677966104
67.8

Employment
Outlook Index
47.118644067796609
37.900000000000006
21.5
7. Business
with
Expansion
Plans (in per
cent): Next
Quarter
Industrial
Sector
80.555555555555557
62.393162393162392
51.5625
Construction
Sector
62.962962962962962
56.521739130434781
14.285714
Wholesale and
Retail Trade
75.806451612903231
67.1875
67.307692
Services Sector
of which:
77.011494252873561
58.333333333333336
67.647058
Financial
Intermediation

Hotels and
Restaurants
83.333333333333329
56.25

Renting and
Business
Activities

Community
and Social
Services

54.545454545454547

8. Business
Constraints:
Current
Quarter
High Interest
Rate
61.186440677966104
59.55

Unclear
Economic
Laws
40.16949152542373
31.650000000000006
36.5
Lack of
Equipment
20.16949152542373
2.8499999999999979
17.7
Insufficient
Demand
19.322033898305087
1.5000000000000036
23.2
Access to
Credit
31.694915254237287
13.900000000000002
14.9
Financial
Problems
40.000000000000007
38.35
42.3
Competition
33.559322033898312
45.5
40.9
Labor
Problems
3.0508474576271141
-7.9499999999999993 -3.3
Lack of
Materials Input
12.881355932203391
-2.8500000000000014 19.100000
Unfavourable
Political
Climate
34.067796610169495
25.15
24.9
Unfavourable
Economic
Climate
49.66101694915254
38.6
46.4
Insufficient
Power Supply
74.576271186440678
46.75
40.9
9. Business
Expectation
Index on
Selected
Economic
Indicators:
Current
Quarter
N/$ Exchange
Rate
17.288135593220339

-16
Inflation Rate
24.406779661016945
31.1
30.4
Borrowing
Rate
-3.7288135593220382 17.899999999999999
6.1
10. Business
Expectation
Index on
Selected
Economic
Indicators:
Next Quarter
N/$ Exchange
Rate
26.101694915254242
20.5
9.9
Inflation Rate
-2.3728813559322077 -0.4
6.1
Borrowing
Rate
-16.949152542372882 10.199999999999999
-3.9
11. Percentage
Distribution of
Respondent
Firms by Type
of Business
Importer
18.64406779661017
20.816326530612244
32.044198
Exporter
3.7288135593220337
7.3469387755102042
2.7624309
Both Importer
and Exporter
27.457627118644069
22.040816326530614
14.917127
Neither
Importer nor
exporter
48.813559322033896
49.795918367346935
50.276243
12. Percentage
Distribution of
Respondent
Firms by
Employment
Size
Small (<50)
59.66101694915254
64.489795918367349
64.088397
Medium (50
and <200)
18.983050847457626
20.408163265306122
24.309392
Large (200 and
Up)
21.016949152542374
14.693877551020408
11.602209
No Response
0.33898305084745761 0.40816326530612912 0
13.
Distribution of
Respondent
Firms by
Sector
All Sectors

Industrial
Sector

Construction
Sector

Wholesale and
Retail Trade

Services Sector
of which:

Financial
Intermediation

Hotels and
Restaurants

Renting and
Business
Activities

Community
and Social
Services

14. Business
Outlook Index
on the
Macroeconomy
by Sector
Contribution:
Current
Quarter
Industrial
Sector
3.4369114877589455
2.1052631578947354
-13.25966
Construction
Sector
-0.677966101694915
4.5614035087719298
-1.104972
Wholesale and
Retail Trade
-1.0169491525423722 0
-1.657458
Services Sector 4.114552893045003
-2.3684210526315788 -13.19467
15. Business
Confidence
Index on Own
Operations by
Sector: Current
Quarter
Industrial
Sector
-9.1525423728813564 3.5390199637023589
-3.867403
Construction
Sector
0.3389830508474575
2.5677830940988833

Wholesale and
Retail Trade
-1.3559322033898309 -2.4561403508771931 0
Services Sector -2.0338983050847461 2.4561403508771926
-1.666298
Source: Central
Bank of
Nigeria
Return to Menu
Table E.2.1:
Consumer
Expectations
Survey - National

Q2
Q3
Q4
1. Overall
Consumer
Confidence Index
All Sectors
Current Quarter
-22.999999999999996 -20.266666666666666 -14.333
Next Quarter
22.5
21.516666666666669 29.283
Next 12 months
24.216666666666669 28.416666666666668 26.966
2. Consumer
Outlook Indices on
the Current
Economic and
Family Condition:
Current Quarter
Economic
Condition
-35.399999999999991 -32.299999999999997 -24.05
Family Financial
Situation
-24.3
-19.7
-12.65
Family Income
-9.2999999999999972 -8.7999999999999972 -6.3
3. Consumer
Outlook Indices on
Economic and
Family Condition:
Next Quarter
Economic
Condition

3.0500000000000043 11.65
Family Financial
Situation
1.1000000000000001 2
4.5999
Family Income
54.400000000000006 59.500000000000007 71.599
4. Consumer
Outlook Indices on
Economic and
Family Condition:
Next 12 Months
Economic
Condition
12.649999999999999 16.5
16.2
Family Financial
Situation
5.6000000000000014 7.1000000000000014 8.1999
Family Income
54.4
61.649999999999991 56.5
5. Buying
Conditions Index:
Current Quarter
Buying Conditions
Index
37.283333333333339 36.824999999999996 36.683
Consumer Durables 45.35
45.6
46.85
Motor Vehicle
31.05
32.699999999999996 32
House & Lot
35.450000000000003 32.174999999999997 31.2
6. Buying Intention
Index: Next 12
Months
Buying Intention
Index
46.366666666666667 45.6
43.550
Consumer Durables 52.8
53.55
54.1
Motor Vehicle
38.524999999999999 41.95
38.450
House & Lot
47.774999999999999 41.3
38.1
7. Indices on
Selected Economic
Indicators: Next
Quarter
Unemployment
Rate Index

36.599999999999994 39.65
Borrowing Rate
Index
22.599999999999998 13.900000000000002 -23.5
Exchange Rate
-28.7
-23.700000000000003 23.6
Inflation Rate
Index
40.766666666666659 45.983333333333341 46.175
8. Indices on
Selected Economic
Indicators: Next 12
Months
Unemployment
Rate Index

36.599999999999994 39.65
Borrowing Rate
Index
22.599999999999998 13.900000000000002 -23.5
Exchange Rate
-28.7
-23.700000000000003 23.6
Inflation Rate
Index
27.555555555555557 31.688888888888886 32.5
9. Sectors
Contribution to
Price Changes over
the Next 12
Months
Food & Other
Household Needs
31.299999999999997 58.5
60.9
Education
57.3
52.5
48.8
Medical Expenses
44.4
48.5
47.7
Purchase of
Appliances/
Consumer durables
30.7
32.9

Telecommunication 23.800000000000004 23.3
31.3
Electricity
43.4
40.700000000000003 44.5
Rents
75.3
73.099999999999994 66.3
Transportation
64.2
64.099999999999994 67.2
Debt Payment
41.9
48.6
45.1
Investment
46.300000000000004 48.7
54.5
Purchase of Car/
Motor Vehicle
22.4

30.2
Purchase of House
8.1999999999999957 35.9
29.6
Savings
10. Percentage of
Respondents by
Educational
Attainment
Primary School
8.1
4.9000000000000004 7.6
Junior School

4.5999999999999996 3.9
Senior School
20.6
17.2
22.8
Higher nonuniversity
education
32.299999999999997 36.200000000000003 31.6
University
31.7
34.700000000000003 32.4
None
3.1
2.2999999999999998 1.5
11. Total Sample
Households and
Response Rate
Number of Sample
Households

Number of
Respondents

Response Rate
85.722222222222229 90.414746543778804 88.755
Source: Central
Bank of Nigeria
Note: Template is
revised.
Return to Menu
Table E.2.1.1:
Consumer
Expectations
Survey - North
Central

Q2
Q3
Q4
1. Zonal
Consumer
Outlook:
Composite
Index
Confidence
Index:
Current
Quarter
-14.333333333333334
-10.216666666666669 5.399999
Next Quarter
22.066666666666666
31.100000000000005 42.94999
Next 12
months
27.75
32.733333333333334 38.21666
2. Consumer
outlook indices
on the current
economic and
family
condition:
Current
Quarter
Economic
Condition
-30.25
-17.850000000000001 -1.55
Under N
20,000 per
month
-24.568965517241388
-7.0175438596491233 -8.333333
Between N
20,000 and N
50,000 per
month
-37.037037037037031
-21.717171717171713 0.602409
Between
N50,001 and
N100,000 per
month
-38.333333333333321
-25.862068965517238 6.25
Over N
100,000 per
month
-33.333333333333336
-18.181818181818183 8.333333
Family
Financial
Situation
-12.350000000000003
-17.900000000000006 -3.15
Under N
20,000 per
month
11.440677966101694
-24.5
-13.88888
Between N
20,000 and N
50,000 per
month
19.196428571428569
-8
3.614457
Between N
50,001 and N
100,000 per
month
13.793103448275861
-5
4.166666
Over N
100,000 per
month

2.5

Family Income
-0.40000000000000213 5.1000000000000014 20.9
Under N
20,000 per
month
19.166666666666671

18.05555
Between N
20,000 and N
50,000 per
month
-16.363636363636367
13.131313131313135 30.12048
Between N
50,001 and N
100,000 per
month
-23.333333333333336
-20.68965517241379
12.5
Over N
100,000 per
month
13.333333333333332
27.27272727272727
-8.333333
3. Consumer
outlook indices
on economic
and family
condition: Next
Quarter
Economic
Condition
7.4000000000000021
18.399999999999999 18.85000
Under N
20,000 per
month
9.8958333333333321
20.192307692307693 19.81132
Between N
20,000 and N
50,000 per
month
4.1322314049586772
10.294117647058826 13.04347
Between
N50,001 and
N100,000 per
month
6.2499999999999964
40.909090909090907 25.86206
Over N
100,000 per
month
15.625
16.666666666666664 35.29411
Family
Financial
Situation
13.8
18.800000000000004 33
Under N
20,000 per
month
-20.168067226890756
19.230769230769234 28.84615
Between N
20,000 and
N50,000 per
month
-4.5871559633027523
22.549019607843135 36.95652
Between
N50,001 and
N100,000 per
month
-6.4516129032258078
12.121212121212121 41.37931
Over N100,000
per month

11.76470
Family Income

56.1

Under N20,000
per month
58.67768595041322
40.384615384615387 79.24528
Between
N20,000 and
N50,000 per
month
29.203539823008843
70.588235294117638 80.43478
Between
N50,001 and
N100,000 per
month
32.258064516129025
42.424242424242415 68.96551
Over N
100,000 per
month
62.5
33.333333333333329 64.70588
4. Consumer
outlook indices
on economic
and family
condition: Next
12 Months
Economic
Condition
15.849999999999994
28.299999999999997 25.1
Under N
20,000 per
month
10.563380281690151
28.350515463917525 21.42857
Between N
20,000 and N
50,000 per
month
7.1428571428571423
23.469387755102041 8.695652
Between N
50,001 and N
100,000 per
month
28.070175438596493
45.833333333333336 33.33333
Over N
100,000 per
month
40.909090909090907
28.316326530612244 44.04761
Family
Financial
Situation

14.800000000000004 29.3
Under N
20,000 per
month
15.277777777777782
-7.8947368421052637 3.571428
Between N
20,000 and N
50,000 per
month
-0.85470085470085166 20.618556701030929 14.49275
Between N
50,001 and N
100,000 per
month
8.6206896551724128
24.489795918367349 43.13725
Over N
100,000 per
month
29.411764705882348

54.76190
Family Income
58.4
55.1
60.25
Under N
20,000 per
month
57.857142857142861
57.894736842105267 58.92857
Between N
20,000 and N
50,000 per
month
63.247863247863243
52.577319587628871 66.66666
Between N
50,001 and N
100,000 per
month
62.280701754385966
52.04081632653061
56.86274
Over N
100,000 per
month
55.714285714285715
79.166666666666671 54.76190
5. Confidence
Index on
Amount of
Expenditures:
Next 12
months
Average
0.78181818181818064 6.827272727272728
22.13636
Food & Other
household
needs
58.4
55.1
60.25
Education
38.450000000000003
40.299999999999997 52.6
Debt Payment
-4.0999999999999943
-19.649999999999999 23.05
Medical
Expenses
3.4500000000000064
6.65
33.54999
Savings
-14.950000000000003
1.55
19.85000
Purchase of
Appliances
-17.950000000000003

17.05
Investment
-12.450000000000003
-0.7

Purchase of
Consumer
durables
4.2999999999999972
27.6

Purchase of
Car/Motor
Vehicle
-21.800000000000004
-17.600000000000001 26.25
Purchase of
House
-15.5
-17.3
-28.1
Others
-9.25
-4.8499999999999996 12
6. Buying
Conditions
Index: Current
Quarter
Buying
Conditions
Index
40.766666666666666
41.233333333333334 45.30000
Consumer
Durables
49.8
52.55
60.45
Motor Vehicle
45.924999999999997
36.450000000000003 35.95000
House & Lot
26.575000000000003
34.700000000000003 39.5
7. Buying
Intention
Index: Next 12
Months
Buying
Intentions
Index
40.074999999999996
45.433333333333337 46.55833
Consumer
Durables
54.5
57.400000000000006 64.65000
Motor Vehicle
30.75
41.475000000000001 36.79999
House & Lot
34.975000000000001
37.424999999999997 38.22500
8. Indices on
Selected
Economic
Indicators:
Next 12
Months
Unemployment
Rate Index
42.2
16.350000000000001 46.35
Interest Rate
Index for
Borrowing
Money
16.500000000000004

1.5
Exchange Rate
-2.3999999999999986
0.5
-0.5
Change in Price
Index
43.866666666666667
36.525000000000006 37.36666
9. Sectors
Contribution to
price changes
over the next
12 months
Food
51.199999999999996
55.6
67.59999
Clothing &
Footwaer
52.6
52.1
31.4
Electricity
54.599999999999994
29.1
22.6
Water
13.399999999999999

27.8
House Rent
77.599999999999994
59.7
54.5
Transportation
76.7
60.2
84.3
Communication 35.400000000000006
30.6
17.8
Education
52.199999999999996
34.700000000000003 38.20000
Medical Care
49.8
32.6
28.3
Personal Care
26.1
13.8
7.3
Hotel &
Restaurant
36.799999999999997
31.1
41.4
Others

11.8
27.2
10. Percentage
of Respondents
by Educational
Attainment
Primary School 7.9
2.6
4.712041
Junior School
1.7
3.1
1.570680
Senior School
16.8
9.1999999999999993 27.74869
Higher nonuniversity
education
41.2

34.03141
University
22.3
31.6
28.79581
None
8.6
2.6
3.141361
11. Total
Sample
Households
and Response
Rate
Number of
Sample
Households

Number of
Respondents

Response Rate

95.5
Source: Central
Bank of Nigeria
Return to Menu
Table E.2.1.2:
Consumer
Expectations
Survey - North
East

Q2
Q3
Q4
1. Zonal
Consumer
Outlook:
Composite
Index
Confidence
Index:
Current
Quarter
-17.766666666666666 -10.666666666666666 -6.5166666
Next Quarter
7.1833333333333327 27.400000000000002 18.983333
Next 12
months
21.266666666666669 32
37.9
2. Consumer
outlook indices
on the current
economic and
family
condition:
Current
Quarter
Economic
Condition
-62.55
-56
-13.75
Under N
20,000 per
month
-74.038461538461547 -48.214285714285715 -20
Between N
20,000 and N
50,000 per
month
-40
-66.666666666666657 -4.3478260
Between
N50,001 and
N100,000 per
month

-62.5
-16.666666
Over N
100,000 per
month
-100
-19.766666666666701 -50
Family
Financial
Situation
28.95

-5.8
Under N
20,000 per
month
-11.538461538461538 4
-10
Between N
20,000 and N
50,000 per
month
-7.5

-4.3478260
Between N
50,001 and N
100,000 per
month

-8.3333333
Over N
100,000 per
month
-50
-29.766666666666701 25
Family Income
-19.7

Under N
20,000 per
month
-17.307692307692307 -14.285714285714285 5
Between N
20,000 and N
50,000 per
month
-30
11.111111111111114 17.391304
Between N
50,001 and N
100,000 per
month

-50
Over N
100,000 per
month

-100
3. Consumer
outlook indices
on economic
and family
condition: Next
Quarter
Economic
Condition
-7.25

14.65
Under N
20,000 per
month
-7.777777777777775
2.7272727272727266 11.764705
Between N
20,000 and N
50,000 per
month
-3.8461538461538467 15
26.086956
Between
N50,001 and
N100,000 per
month
-49.999999999999993 20
-14.285714
Over N
100,000 per
month

-20
12.5
Family
Financial
Situation
-18.399999999999999 -2
11.7
Under N
20,000 per
month
-15.555555555555557 3.7037037037037024 -5.8823529
Between N
20,000 and
N50,000 per
month
-15.384615384615385 -10
39.130434
Between
N50,001 and
N100,000 per
month
-100

-28.571428
Over N100,000
per month

-2

Family Income

-4
62.7
Under N20,000
per month
11.111111111111114 0
52.941176
Between
N20,000 and
N50,000 per
month
30.769230769230774 -25.925925925925924 78.260869
Between
N50,001 and
N100,000 per
month

71.428571
Over N
100,000 per
month

4. Consumer
outlook indices
on economic
and family
condition: Next
12 Months
Economic
Condition
9.2500000000000071 30
26.45
Under N
20,000 per
month
1.3513513513513473 -1.162790697674418
36.363636
Between N
20,000 and N
50,000 per
month
15.517241379310345 18.115942028985508 32.692307
Between N
50,001 and N
100,000 per
month
14.285714285714285 14.285714285714288 -21.428571
Over N
100,000 per
month

-10
35.714285
Family
Financial
Situation
3.8999999999999986 10
21.6
Under N
20,000 per
month
5.405405405405407
-28.571428571428569 -9.0909090
Between N
20,000 and N
50,000 per
month
6.8965517241379324 19.35483870967742
42.307692
Between N
50,001 and N
100,000 per
month
-14.285714285714285 9.090909090909097
-14.285714
Over N
100,000 per
month

28.571428
Family Income
50.65

65.650000
Under N
20,000 per
month
50.000000000000007 7.1428571428571459 59.090909
Between N
20,000 and N
50,000 per
month
46.666666666666664 62.903225806451616 63.461538
Between N
50,001 and N
100,000 per
month
64.285714285714278 68.181818181818187 78.571428
Over N
100,000 per
month

71.428571
5. Confidence
Index on
Amount of
Expenditures:
Next 12
months
Average
17.850000000000001 20.727272727272727 20.522727
Food & Other
household
needs
50.65

65.650000
Education
68.5

40.299999
Debt Payment
2.6499999999999986 12
6.9
Medical
Expenses
66.55

Savings
-49.3
-53
6.85
Purchase of
Appliances
34.900000000000006 42
9.85
Investment

-14
7.9
Purchase of
Consumer
durables
40.800000000000004 52
20.6
Purchase of
Car/Motor
Vehicle
-32.950000000000003 -17

Purchase of
House
7.25

Others
7.2999999999999972 10
16.7
6. Buying
Conditions
Index: Current
Quarter
Buying
Conditions
Index
34.866666666666667 38.5
50.324999
Consumer
Durables
40.15

Motor Vehicle
16.424999999999997 23
43.6
House & Lot
48.024999999999999 42.5
57.375
7. Buying
Intention
Index: Next 12
Months
Buying
Intentions
Index
45.283333333333339 45.833333333333336 56.416666
Consumer
Durables
51.95

59.424999
Motor Vehicle
35.200000000000003 32
57.375
House & Lot
48.7
50.5
52.449999
8. Indices on
Selected
Economic
Indicators:
Next 12
Months
Unemployment
Rate Index
-12.5

34.299999
Interest Rate
Index for
Borrowing
Money
28.9
-4
-47.058823
Exchange Rate
-53.899999999999991 -72
47.058823
Change in Price
Index
11.741666666666665 27.833333333333332 52.291666
9. Sectors
Contribution to
price changes
over the next
12 months
Food
-49.999999999999993 -14
25.5
Clothing &
Footwaer

74.5
Electricity
7.8999999999999986 -4
56.8
Water
-5.2000000000000028 -18
45.1
House Rent

84.3
Transportation
46.099999999999994 72
80.400000
Communication 5.3000000000000007 12
39.200000
Education
-7.8999999999999986 42
56.9
Medical Care
17.099999999999994 32
60.8
Personal Care
14.5

15.7
Hotel &
Restaurant
10.5

56.9
Others
31.6

31.4
10. Percentage
of Respondents
by Educational
Attainment
Primary School 13.2

9.8000000
Junior School
5.3

3.9
Senior School
22.4

13.7
Higher nonuniversity
education
38.200000000000003 30
35.299999
University
11.8

37.299999
None
9.1999999999999993 8

11. Total
Sample
Households
and Response
Rate
Number of
Sample
Households

Number of
Respondents

Response Rate

66.666666666666657 68
Source: Central
Bank of Nigeria
Return to Menu
Table E.2.1.3:
Consumer
Expectations
Survey - North
West

Q2
Q3
Q4
1. Zonal
Consumer
Outlook:
Composite
Index
Confidence
Index:
Current
Quarter
-12.6
-21.016666666666666 -6.8666666
Next Quarter
13.949999999999998 8
29.349999
Next 12
months
24.916666666666668 31.683333333333334 36.75
2. Consumer
outlook indices
on the current
economic and
family
condition:
Current
Quarter
Economic
Condition
-16.3
-20.400000000000002 -4.5999999
Under N
20,000 per
month
27.61904761904762
-25.000000000000004 -3.9215686
Between N
20,000 and N
50,000 per
month
17.21311475409836
-15.714285714285715 2.9411764
Between
N50,001 and
N100,000 per
month
25.531914893617021 -22.222222222222221 -21.428571
Over N
100,000 per
month

-24.999999999999996 -25
Family
Financial
Situation
-11
-25.35
-16.7
Under N
20,000 per
month
-8.6538461538461533 -12.5
-17.647058
Between N
20,000 and N
50,000 per
month
-10.245901639344265 -22.5
-22.058823
Between N
50,001 and N
100,000 per
month
-20.212765957446805 -4.5
-7.1428571
Over N
100,000 per
month
-4.1666666666666679 1.5

Family Income
-10.5
-17.3
0.6999999
Under N
20,000 per
month
-30.476190476190474 -10.714285714285712 5.8823529
Between N
20,000 and N
50,000 per
month
9.0163934426229488 -18.571428571428569 7.3529411
Between N
50,001 and N
100,000 per
month
-12.76595744680851
-22.222222222222218 -19.047619
Over N
100,000 per
month
-25
-50
-30
3. Consumer
outlook indices
on economic
and family
condition: Next
Quarter
Economic
Condition
27.849999999999998 11.3
17.350000
Under N
20,000 per
month
24.757281553398062 4.5454545454545467 13.461538
Between N
20,000 and N
50,000 per
month
34.54545454545454
14.285714285714281 21.052631
Between
N50,001 and
N100,000 per
month
27.173913043478262 15

Over N
100,000 per
month
13.461538461538456 30
3.3333333
Family
Financial
Situation
-3.1000000000000014 -9.3000000000000007 12.7
Under N
20,000 per
month
-18.446601941747574 -12.727272727272727 1.9230769
Between N
20,000 and
N50,000 per
month
7.2072072072072082 -5.7142857142857117 24.561403
Between
N50,001 and
N100,000 per
month
6.5217391304347849 -20
11.538461
Over N100,000
per month
-3.8461538461538467 20
6.6666666
Family Income
17.099999999999994 22

Under N20,000
per month

1.8181818181818201 61.538461
Between
N20,000 and
N50,000 per
month
21.818181818181813 37.142857142857153 57.894736
Between
N50,001 and
N100,000 per
month
31.81818181818182

61.538461
Over N
100,000 per
month
45.833333333333321 -60

4. Consumer
outlook indices
on economic
and family
condition: Next
12 Months
Economic
Condition
40.549999999999997 27.049999999999997 25.3
Under N
20,000 per
month
39.87341772151899
22.093023255813954 19.736842
Between N
20,000 and N
50,000 per
month
51.612903225806448 24.637681159420289 31.25
Between N
50,001 and N
100,000 per
month
38.311688311688314 30.357142857142854 20
Over N
100,000 per
month

Family
Financial
Situation
17.100000000000001 2
17.3
Under N
20,000 per
month
2.5641025641025692 4.6511627906976756 0
Between N
20,000 and N
50,000 per
month
28.260869565217391 -10.144927536231879 26.5625
Between N
50,001 and N
100,000 per
month
19.480519480519479 25
26.666666
Over N
100,000 per
month
17.142857142857142 10
5.5555555
Family Income
17.099999999999994 66
67.650000
Under N
20,000 per
month
-1.2820512820512775 65.116279069767444 -44.642857
Between N
20,000 and N
50,000 per
month
15.217391304347821 69.565217391304358 -34.057971
Between N
50,001 and N
100,000 per
month
35.526315789473685 60.714285714285715 -16.666666
Over N
100,000 per
month
27.272727272727273 60
-9.5238095
5. Confidence
Index on
Amount of
Expenditures:
Next 12
months
Average
19.309090909090909 17.077272727272724 22.086363
Food & Other
household
needs
67.55

63.35
Education
67.150000000000006 67

Debt Payment
30.450000000000003 16.100000000000001 33
Medical
Expenses
50.550000000000004 41.7
48.65
Savings
7.8999999999999986 -0.3
5.3
Purchase of
Appliances
-3.5000000000000036 18.649999999999999 24
Investment
7.6999999999999957 -6.65

Purchase of
Consumer
durables
6.6499999999999986 3.35
4.3
Purchase of
Car/Motor
Vehicle
-15.450000000000003 -16.399999999999999 9.4
Purchase of
House
-13.900000000000002 -4.3
-8.0500000
Others
7.2999999999999972 2.7

6. Buying
Conditions
Index: Current
Quarter
Buying
Conditions
Index
52.158333333333331 38.608333333333341 46.616666
Consumer
Durables
81.150000000000006 41.35
50.35
Motor Vehicle
38.1
38.325000000000003 44.65
House & Lot
37.225000000000001 36.15
44.85
7. Buying
Intention
Index: Next 12
Months
Buying
Intentions
Index
49.108333333333327 49.266666666666673 54.274999
Consumer
Durables
58.55

58.65
Motor Vehicle
44.55
47.35

House & Lot
44.225000000000001 49.45
50.174999
8. Indices on
Selected
Economic
Indicators:
Next 12
Months
Unemployment
Rate Index
41.3

33.049999
Interest Rate
Index for
Borrowing
Money
39.199999999999996 34
-21.3
Exchange Rate
-33.300000000000004 -29.3
38.700000
Change in Price
Index
35.641666666666666 41.616666666666667 50.799999
9. Sectors
Contribution to
price changes
over the next
12 months
Food
14.399999999999999 26
37.299999
Clothing &
Footwaer
23.4

Electricity
28.299999999999997 50
49.3
Water
5.8999999999999986 24.7
48.7
House Rent
68.599999999999994 78.7
66.7
Transportation
49.3
56.7
69.400000
Communication 18.2

51.4
Education
49.7
51.3
58.7
Medical Care
52.100000000000009 62.6

Personal Care
40.200000000000003 26.7
30.7
Hotel &
Restaurant
52.1
46.7

Others
25.5

37.4
10. Percentage
of Respondents
by Educational
Attainment
Primary School 8.6999999999999993 6
8.6666666
Junior School
3.1

Senior School
15.4
12.7
13.333333
Higher nonuniversity
education
39.9
47.3

University
29.4
23.3

None
3.5
6.7

11. Total
Sample
Households
and Response
Rate
Number of
Sample
Households

Number of
Respondents

Response Rate
95.333333333333343 75

Source: Central
Bank of Nigeria
Return to Menu
Table E.2.1.4:
Consumer
Expectations
Survey - South
East

Q2
Q3
Q4
1. Zonal
Consumer
Outlook:
Composite
Index
Confidence
Index:
Current
Quarter
-26.599999999999998 -33.133333333333333 -29.8
Next Quarter
19.966666666666669 22.166666666666668 19.816666
Next 12
months
24.933333333333334 26.400000000000002 15.449999
2. Consumer
outlook indices
on the current
economic and
family
condition:
Current
Quarter
Economic
Condition
-36.899999999999991 -39.450000000000003 -36.25
Under N
20,000 per
month
-41.77215189873418
-36.470588235294116 -40
Between N
20,000 and N
50,000 per
month
-33.333333333333329 -38.15789473684211
-31.914893
Between
N50,001 and
N100,000 per
month
-40.277777777777771 -58.823529411764717 -40
Over N
100,000 per
month
-47.72727272727272
-42.857142857142854 -50
Family
Financial
Situation
-29.400000000000002 -36.25
-25.75
Under N
20,000 per
month
-28.205128205128204 -31.5
-18.333333
Between N
20,000 and N
50,000 per
month
-34
-24.5
-30.319148
Between N
50,001 and N
100,000 per
month
-25
-6.5
-23.333333
Over N
100,000 per
month
-16.666666666666664 -4.5
-41.666666
Family Income
-13.5
-23.699999999999996 -27.4
Under N
20,000 per
month
-5.0632911392405049 -16.470588235294116 -33.333333
Between N
20,000 and N
50,000 per
month
-15.686274509803926 -27.631578947368418 -17.021276
Between N
50,001 and N
100,000 per
month
-27.777777777777782 -52.941176470588239 -53.333333
Over N
100,000 per
month
4.5454545454545432 0

3. Consumer
outlook indices
on economic
and family
condition: Next
Quarter
Economic
Condition
-4.1000000000000014 -8.0999999999999979 -5.25
Under N
20,000 per
month
-10.576923076923073 -8.7301587301587276 -21.052631
Between N
20,000 and N
50,000 per
month
-6.0714285714285694 -4.0229885057471293 -1.8018018
Between
N50,001 and
N100,000 per
month
4.7297297297297263 -14.58333333333333
11.666666
Over N
100,000 per
month
2.2727272727272698 -22.727272727272727 -31.818181
Family
Financial
Situation
2.3000000000000007 -7.5999999999999979 -13.7
Under N
20,000 per
month
8.1632653061224474 -1.5873015873015888 -28.947368
Between N
20,000 and
N50,000 per
month
2.9629629629629655 -6.8965517241379288 -3.6036036
Between
N50,001 and
N100,000 per
month
-1.3157894736842088 -25
-30
Over N100,000
per month
4.7619047619047628 -9.0909090909090917 -18.181818
Family Income
61.7
82.199999999999989 78.400000
Under N20,000
per month

92.063492063492063 73.684210
Between
N20,000 and
N50,000 per
month
63.829787234042556 80.459770114942529 79.279279
Between
N50,001 and
N100,000 per
month
69.333333333333329 66.666666666666671 73.333333
Over N
100,000 per
month
54.545454545454547 72.727272727272734 100
4. Consumer
outlook indices
on economic
and family
condition: Next
12 Months
Economic
Condition
5.7999999999999972 10.050000000000001 2.15
Under N
20,000 per
month
-25.675675675675677 7.4468085106382986 -26.5625
Between N
20,000 and N
50,000 per
month
3.3898305084745779 11.235955056179776 6.6037735
Between N
50,001 and N
100,000 per
month
22.471910112359552 10
22.972972
Over N
100,000 per
month
3.4090909090909136 10.714285714285712 -20
Family
Financial
Situation

1.6000000000000014 -11.6
Under N
20,000 per
month

-4.2553191489361701 -43.75
Between N
20,000 and N
50,000 per
month
-4.2372881355932179 11.235955056179773 -1.8867924
Between N
50,001 and N
100,000 per
month
11.494252873563218 -8.571428571428573
-10.810810
Over N
100,000 per
month
-2.2727272727272734 -14.285714285714285 -13.333333
Family Income

67.55
55.8
Under N
20,000 per
month
56.944444444444443 60.638297872340431 42.1875
Between N
20,000 and N
50,000 per
month
68.487394957983199 69.101123595505626 52.358490
Between N
50,001 and N
100,000 per
month
75.280898876404493 70
56.756756
Over N
100,000 per
month
68.181818181818187 75

5. Confidence
Index on
Amount of
Expenditures:
Next 12
months
Average
6.8636363636363606 6.9954545454545416 13.140909
Food & Other
household
needs

67.55
55.8
Education
63.6

61.1
Debt Payment
-8
8.0500000000000007 28.95
Medical
Expenses
12.850000000000001 23.75
33.4
Savings
5.4499999999999993 2.7

Purchase of
Appliances
2.9500000000000028 3.45
14.2
Investment
-7.9999999999999964 -5.9
12.6
Purchase of
Consumer
durables
26.15
16.7

Purchase of
Car/Motor
Vehicle
-27.75
-43.25
28.95
Purchase of
House
-51.2
-47.8
-46.55
Others
-8.5499999999999972 -7.3
-52.9
6. Buying
Conditions
Index: Current
Quarter
Buying
Conditions
Index
30.966666666666669 25.600000000000005 32.017543
Consumer
Durables
43.25
38.150000000000006 60
Motor Vehicle
28.3
18.500000000000004 20.526315
House & Lot
21.35
20.150000000000002 15.526315
7. Buying
Intention
Index: Next 12
Months
Buying
Intentions
Index
37.508333333333333 37.65
38.245614
Consumer
Durables
50.5
50.8
60.263157
Motor Vehicle
40.674999999999997 30.95
26.973684
House & Lot
21.35
31.200000000000003 27.5
8. Indices on
Selected
Economic
Indicators:
Next 12
Months
Unemployment
Rate Index
47.65
48.400000000000006 38.15
Interest Rate
Index for
Borrowing
Money
14.600000000000001 28.099999999999998 -15.789473
Exchange Rate
-10.899999999999999 -35.599999999999994 36.315789
Change in Price
Index
48.291666666666664 64.283333333333331 60.066666
9. Sectors
Contribution to
price changes
over the next
12 months
Food
38.699999999999996 88.1
64.2
Clothing &
Footwaer
57.7
70.8
68.400000
Electricity
54.6
57.3
58.9
Water
31.6
41.1
47.3
House Rent

76.2
82.6
Transportation
67.099999999999994 81.7
83.1
Communication 19.599999999999998 46.5
52.1
Education
70.8
73.5
61.6
Medical Care
43.4
66.5
74.2
Personal Care
27.1

42.6
Hotel &
Restaurant
53.599999999999994 63.8
47.4
Others
36.299999999999997 58.9
38.4
10. Percentage
of Respondents
by Educational
Attainment
Primary School 7.1
4.9000000000000004 6.3
Junior School
1.4
9.1999999999999993 3.2
Senior School
25.4
16.2
22.6
Higher nonuniversity
education
18.3
31.9
27.4
University
46.4
37.799999999999997 38.4
None

2.1
11. Total
Sample
Households
and Response
Rate
Number of
Sample
Households

Number of
Respondents

Response Rate
98.333333333333329 92.5

Source: Central
Bank of Nigeria
Return to Menu
Table E.2.1.5:
Consumer
Expectations
Survey - South
South

Q2
Q3
Q4
1. Zonal
Consumer
Outlook:
Composite
Index
Confidence
Index:
Current
Quarter
-31.75
-19.733333333333338 -28.55
Next Quarter
10.966666666666663
26.133333333333336 -21.83333
Next 12
months
13.850000000000003
26.600000000000005 11.81666
2. Consumer
outlook indices
on the current
economic and
family
condition:
Current
Quarter
Economic
Condition
-37
-37.050000000000004 -41.25
Under N
20,000 per
month
-34.146341463414636
-36.956521739130437 -59.16666
Between N
20,000 and N
50,000 per
month
-38.970588235294123
-37.735849056603769 -13.26530
Between
N50,001 and
N100,000 per
month
-53.571428571428569
-38.571428571428569 -48.4375
Over N
100,000 per
month
-22.222222222222221
-32.35294117647058
-100
Family
Financial
Situation
-20.45
-10.250000000000004 -7.7
Under N
20,000 per
month
-17.073170731707318
-9
-17.5
Between N
20,000 and N
50,000 per
month
-20.588235294117645
-5
-5.102040
Between N
50,001 and N
100,000 per
month
-21.428571428571427

3.125
Over N
100,000 per
month
-22.222222222222218
-1.5

Family Income
-37.799999999999997
-11.899999999999999 -36.70000
Under N
20,000 per
month
-41.463414634146346
-10.869565217391305 -48.33333
Between N
20,000 and N
50,000 per
month
-47.058823529411768
-20.754716981132077 -24.48979
Between N
50,001 and N
100,000 per
month
-14.285714285714288
11.428571428571427 -31.25
Over N
100,000 per
month
-11.111111111111107
-35.294117647058819 -100
3. Consumer
outlook indices
on economic
and family
condition: Next
Quarter
Economic
Condition
-11.5
2.2999999999999972 -13.4
Under N
20,000 per
month

-2.8571428571428612 -29.54545
Between N
20,000 and N
50,000 per
month
-11.940298507462689
-7.5
-8.196721
Between
N50,001 and
N100,000 per
month
-17.307692307692314
21.052631578947366 -2.777777
Over N
100,000 per
month
22.727272727272723
5.5555555555555571 0
Family
Financial
Situation
-31.900000000000002
-2
-30.3
Under N
20,000 per
month
-35.483870967741936
-2.8571428571428559 -48.33333
Between N
20,000 and
N50,000 per
month
-40.298507462686572
-1.6666666666666643 -24.48979
Between
N50,001 and
N100,000 per
month
-23.07692307692308
2.6315789473684212 -31.25
Over N100,000
per month
9.0909090909090864
-11.111111111111107 -100
Family Income
76.3
78.100000000000009 -21.8
Under N20,000
per month
80.645161290322577
77.142857142857139 49.05660
Between
N20,000 and
N50,000 per
month
77.611940298507449

44.56521
Between
N50,001 and
N100,000 per
month
65.384615384615373
81.578947368421041 48.27586
Over N
100,000 per
month
81.818181818181827
66.666666666666657 -5.882352
4. Consumer
outlook indices
on economic
and family
condition: Next
12 Months
Economic
Condition
-0.69999999999999574 16.25
2.049999
Under N
20,000 per
month
3.7037037037037024
8.8235294117647136 0
Between N
20,000 and N
50,000 per
month
-6.4516129032258007
9.4827586206896584 0
Between N
50,001 and N
100,000 per
month
-7.4074074074074119
16.666666666666664 6.097560
Over N
100,000 per
month
22.222222222222225
32.258064516129032 16.66666
Family
Financial
Situation
-24.4
2.6000000000000014 -22.6
Under N
20,000 per
month
-25
-23.529411764705884 -25
Between N
20,000 and N
50,000 per
month
-32.258064516129025
3.4482758620689644 -13.79310
Between N
50,001 and N
100,000 per
month
-34.615384615384613
4.4444444444444429 -31.70731
Over N
100,000 per
month
16.666666666666671
12.903225806451616 -33.33333
Family Income
66.650000000000006
60.95000000000001

Under N
20,000 per
month
66.071428571428584
52.941176470588246 57.5
Between N
20,000 and N
50,000 per
month
72.950819672131146
62.931034482758619 55.17241
Between N
50,001 and N
100,000 per
month
68.518518518518519
56.666666666666664 54.87804
Over N
100,000 per
month
47.222222222222229
67.741935483870975 66.66666
5. Confidence
Index on
Amount of
Expenditures:
Next 12
months
Average
1.5409090909090892
14.560000000000004 -12.9
Food & Other
household
needs
66.650000000000006
14.560000000000006 56
Education
55.8
60.95000000000001
47.55
Debt Payment
-1.9000000000000057
62.6
-23.2
Medical
Expenses
34.799999999999997
-5.95
34.54999
Savings
34.799999999999997
22.25
-18.64999
Purchase of
Appliances
-26.700000000000003
23.5
-24.65
Investment
-26.25
-4.7
-38.4
Purchase of
Consumer
durables
-2.6500000000000057
30.8
-7.4
Purchase of
Car/Motor
Vehicle
-46.95
12.05
-69.8
Purchase of
House
-58.05
-29.5
-76.40000
Others
-12.600000000000001
-26.4
-21.5
6. Buying
Conditions
Index: Current
Quarter
Buying
Conditions
Index
20.19166666666667
31.058333333333334 15.35
Consumer
Durables
31.1
44.05
31.65
Motor Vehicle
16.500000000000007
24.625
6.674999
House & Lot
12.975000000000001
24.5
7.725000
7. Buying
Intention
Index: Next 12
Months
Buying
Intentions
Index
23.774999999999995
42.208333333333336 21.42500
Consumer
Durables
37.799999999999997
51.3
38.70000
Motor Vehicle
18.725000000000001
36.6
13.22500
House & Lot
14.799999999999997
38.725000000000001 12.35000
8. Indices on
Selected
Economic
Indicators:
Next 12
Months
Unemployment
Rate Index
57.400000000000006
49.050000000000004 56
Interest Rate
Index for
Borrowing
Money
33.299999999999997
7.2999999999999972 -62
Exchange Rate
-57.1
-25.1

Change in Price
Index
44.68333333333333
49.616666666666667 49.05833
9. Sectors
Contribution to
price changes
over the next
12 months
Food
60.699999999999996
65.5
83.1
Clothing &
Footwaer
43.7

65.5
Electricity
28.9
46.4
45.1
Water

15.9
-5
House Rent
69.599999999999994
88.1
61.9
Transportation
72.599999999999994
58.9
41.5
Communication 23.7
10.6
24.7
Education

47.7
49.3
Medical Care
45.9
43.1
54.3
Personal Care

52.1
Hotel &
Restaurant
43.7
72.2
71.09999
Others
30.400000000000002

45.1
10. Percentage
of Respondents
by Educational
Attainment
Primary School 8.9
8.6
15.5
Junior School
3.7

4.900000
Senior School
14.8
20.5
31.7
Higher nonuniversity
education
45.9
29.1
21.8
University
26.7
38.4
23.9
None

1.3
0.7
11. Total
Sample
Households
and Response
Rate
Number of
Sample
Households

Number of
Respondents

Response Rate

94.375
88.75
Source: Central
Bank of Nigeria
Return to Menu
Table E.2.1.6:
Consumer
Expectations
Survey - South
West

Q2
Q3
Q4
1. Zonal
Consumer
Outlook:
Composite
Index
Confidence
Index:
Current
Quarter
-20.85
-16.066666666666666 -15.86666
Next Quarter
25.816666666666663
23.616666666666664 24.86666
Next 12
months
22.766666666666666
31.266666666666666 22.90000
2. Consumer
outlook indices
on the current
economic and
family
condition:
Current
Quarter
Economic
Condition
-48.900000000000006
-37.700000000000003 -37.95000
Under N
20,000 per
month
-52.054794520547944
-34
-24.39024
Between N
20,000 and N
50,000 per
month
-54.08163265306122
-42.473118279569889 -23.38709
Between
N50,001 and
N100,000 per
month
-41.538461538461547
-33.783783783783775 -41.96428
Over N
100,000 per
month
-33.695652173913039
-40.322580645161295 -59.64912
Family
Financial
Situation
-11.649999999999999
-7.3000000000000007 -11.55
Under N
20,000 per
month
-19.387755102040817
-18.627450980392162 -8.536585
Between N
20,000 and N
50,000 per
month
-11.855670103092782
-23.655913978494624 -12.90322
Between N
50,001 and N
100,000 per
month
-3.125
5.405405405405407
-10.71428
Over N
100,000 per
month
3.3333333333333321
-8.0645161290322562 -13.15789
Family Income
-2
-3.1999999999999993 1.9
Under N
20,000 per
month
-20.547945205479454
1.9607843137254903 -7
Between N
20,000 and N
50,000 per
month
9.183673469387756
-3.2608695652173942 7
Between N
50,001 and N
100,000 per
month
4.6153846153846168
-5.4054054054054035 6
Over N
100,000 per
month
4.3478260869565233
-6.4516129032258043 -2
3. Consumer
outlook indices
on economic
and family
condition: Next
Quarter
Economic
Condition
-10.450000000000003
-4.25
-4.599999
Under N
20,000 per
month
-13.392857142857142
-24.999999999999993 -6.944444
Between N
20,000 and N
50,000 per
month
-16.208791208791208
-12.209302325581394 0.909090
Between
N50,001 and
N100,000 per
month
-1.0526315789473699
11.029411764705884 6.603773
Over N
100,000 per
month

2.5423728813559343 -15.97222
Family
Financial
Situation
8.3000000000000007
5.6
11.1
Under N
20,000 per
month
-8.1081081081081052
13.888888888888891 0
Between N
20,000 and
N50,000 per
month
10.439560439560443
4.6511627906976756 10
Between
N50,001 and
N100,000 per
month
27.173913043478265
-1.4705882352941195 16
Over N100,000
per month
6.0606060606060588
10.169491525423727 -2
Family Income
79.599999999999994
69.5
68.09999
Under N20,000
per month
81.415929203539818
60.784313725490193 38.88888
Between
N20,000 and
N50,000 per
month
83.97790055248619
69.892473118279568 61.81818
Between
N50,001 and
N100,000 per
month
80.645161290322577
71.621621621621628 83.01886
Over N
100,000 per
month
65.151515151515142
77.41935483870968
76.38888
4. Consumer
outlook indices
on economic
and family
condition: Next
12 Months
Economic
Condition
-1.5500000000000007
13.899999999999999 -3
Under N
20,000 per
month
-11.05263157894737
-24.137931034482754 5.357142
Between N
20,000 and N
50,000 per
month
-14.080459770114945
-19.736842105263154 -15.17857
Between N
50,001 and N
100,000 per
month
15.533980582524276
9.1549295774647916 14
Over N
100,000 per
month
15.662650602409634
19.17808219178082
-7.926829
Family
Financial
Situation
7.6000000000000014
10.4
17.60000
Under N
20,000 per
month

13.793103448275861 3
Between N
20,000 and N
50,000 per
month
10.465116279069768
11.842105263157894 10
Between N
50,001 and N
100,000 per
month
13.861386138613867

Over N
100,000 per
month
2.4096385542168619
17.80821917808219

Family Income
62.249999999999993
69.5
54.1
Under N
20,000 per
month
59.895833333333336
61.5
46.42857
Between N
20,000 and N
50,000 per
month
64.942528735632195
71.05263157894737
61.60714
Between N
50,001 and N
100,000 per
month
60.679611650485434
69.014084507042256 59
Over N
100,000 per
month
63.855421686746993
76.712328767123282 48.78048
5. Confidence
Index on
Amount of
Expenditures:
Next 12
months
Average
14.268181818181819
4.0227272727272716 13.12272
Food & Other
household
needs
62.249999999999993
61.5
54.1
Education

56.399999999999991 62.25
Debt Payment
-0.70000000000000284 -22.299999999999997 -7.1
Medical
Expenses
10.200000000000003
-17.499999999999996 -1.9
Savings
20.300000000000004
10.400000000000006 16.8
Purchase of
Appliances
-0.10000000000000142 -11.450000000000003 -1.45
Investment
9.1000000000000014
3.3999999999999986 0
Purchase of
Consumer
durables
10.149999999999999
6.6000000000000014 16
Purchase of
Car/Motor
Vehicle
-7.3000000000000007
-11.799999999999997 4.25
Purchase of
House
-12.25
-15
-4.599999
Others
5.3000000000000007
-16

6. Buying
Conditions
Index: Current
Quarter
Buying
Conditions
Index
38.816666666666663
45.141666666666673 45.97500
Consumer
Durables

48.4
50.95
Motor Vehicle
35.549999999999997
43.75
43.65
House & Lot
31.9
43.274999999999999 43.32500
7. Buying
Intention
Index: Next 12
Months
Buying
Intentions
Index
44.608333333333327
45.225000000000001 58.09999
Consumer
Durables
53.8
31.950000000000003 58.8
Motor Vehicle
41.15
52.525000000000006 64.22499
House & Lot
38.875
51.2
51.27499
8. Indices on
Selected
Economic
Indicators:
Next 12
Months
Unemployment
Rate Index
51.95
33.299999999999997 30.3
Interest Rate
Index for
Borrowing
Money
16.300000000000004
8.1
-23.6
Exchange Rate
-33.299999999999997
-19.7
25.4
Change in Price
Index
51.841666666666669
43.966666666666661 35.24166
9. Sectors
Contribution to
price changes
over the next
12 months
Food
66.7
68.7
62.5
Clothing &
Footwaer
59.8
40.9
52.3
Electricity
51.5
37.700000000000003 44.5
Water

25.7
24.1
House Rent
80.2
64.7
60.7
Transportation
68.5
60.3
50.4
Communication 34.799999999999997
13.7
13.4
Education

56.7

Medical Care
45.2
45.7
27.3
Personal Care
40.200000000000003
36.9
18.60000
Hotel &
Restaurant

41.3
23.2
Others
28.2
35.299999999999997 7.9
10. Percentage
of Respondents
by Educational
Attainment
Primary School 7.4
3.2
4.599999
Junior School
5.7
4.4000000000000004 6
Senior School
24.6
20.100000000000001 21.3
Higher nonuniversity
education
26.1
26.5
30.1
University
34.299999999999997
44.6
36.6
None
1.3
0.8
1.4
11. Total
Sample
Households
and Response
Rate
Number of
Sample
Households

Number of
Respondents

Response Rate

99.6
86.4
Source: Central
Bank of Nigeria
Return to
Menu
Table E.3.1:
Inflation
Attitudes
Survey (Per
cent)

Q2
Q3
Q4
Q.1
Generally,
prices of
items that
were sold
N1,000 a
year ago now
sells for?
Less than
N1000

5.0999999999999996 6.5
N1000
6.2
12.5
8.8000000000
N1010 to
N1030
4.7
21.5

Above N1030 74.8
53.3
40.799999999
No idea
10.1
7.6
14.8
Median (%)

2.8827586206
Q. 2 How
much will
you expect
prices of
items that
are currently
sold for
N1,000 to
change in the
next 12
months?
Q. 2 How much will
you expect prices of
items that are
currently sold for
N1,000 to change in
the next 12 months?
Q. 2 How much will
you expect prices of
items that are
currently sold for
N1,000 to change in
the next 12 months?
Q. 2 How muc
you expect pri
items that are
currently sold
N1,000 to cha
the next 12 m
Less than
N1000
15.7
22.6
16.5
N1000
8.6999999999999993 10.199999999999999 8
N1010 to
N1030
6.9
20.5
28.3
Above N1030 54.8
34.6
32.6
No idea
13.6
12.1
14.6
Median (%)

2.087804878048781
2.2862190812
Q. 3 If prices
started to rise
faster than
they do now,
do you think
Nigeria's
economy
would...?
Q. 3 If prices started
to rise faster than
they do now, do you
think Nigeria's
economy would...?
Q. 3 If prices started
to rise faster than
they do now, do you
think Nigeria's
economy would...?
Q. 3 If prices s
to rise faster th
they do now, d
think Nigeria's
economy wou
End up
stronger

9.6999999999999993 7.9
Make no
difference

21.5
Be weak
65.099999999999994 65.400000000000006 55.2
Don't know
12.5
11.9
15.3
Q. 4 What do
you think of
this year's
Government
anticipated
inflation
rate?
Q. 4 What do you
think of this year's
Government
anticipated inflation
rate?
Q. 4 What do you
think of this year's
Government
anticipated inflation
rate?
Q. 4 What do
think of this y
Government
anticipated inf
rate?
Too high
45.7
45.8
45.3
Too low
20.5
17.7
21.4
About right
13.9
16.2
12.6
No idea
19.2

20.7
Q. 5 How has
interest on
bank loans
changed over
the last 12
months?
Q. 5 How has interest
on bank loans
changed over the last
12 months?
Q. 5 How has interest
on bank loans
changed over the last
12 months?
Q. 5 How has
on bank loans
changed over
12 months?
Risen
significantly
Risen significantly
Risen significantly
Risen significa
Risen
marginally
Risen marginally
Risen marginally
Risen margina
No change
No change
No change
No change
Fallen
marginally
Fallen marginally
Fallen marginally
Fallen margina
Fallen
significantly
Fallen significantly
Fallen significantly
Fallen signific
No idea
No idea
No idea
No idea
Total saying
'rise'
60.2
59.8
57.9
Total saying
'fall'
12.1
9.1

Net rise
48.1
50.699999999999996 47.9
Q. 6 How
would you
expect
interest rates
to change
over the next
12 months?
Q. 6 How would you
expect interest rates
to change over the
next 12 months?
Q. 6 How would you
expect interest rates
to change over the
next 12 months?
Q. 6 How wou
expect interest
to change ove
next 12 month
Risen
significantly
Risen significantly
Risen significantly
Risen significa
Risen
marginally
Risen marginally
Risen marginally
Risen margina
No change
No change
No change
No change
Fallen
marginally
Fallen marginally
Fallen marginally
Fallen margina
Fallen
significantly
Fallen significantly
Fallen significantly
Fallen signific
No idea
No idea
No idea
No idea
Total saying
'rise'
38.799999999999997 36
39.299999999
Total saying
'fall'

27.900000000
Net rise
6.7999999999999972 2
11.399999999
Q. 7 What do
you think
would be
best for the
Nigerian
economy -
for lending
interest rates
to?
Q. 7 What do you
think would be best
for the Nigerian
economy - for lending
interest rates to?
Q. 7 What do you
think would be best
for the Nigerian
economy - for lending
interest rates to?
Q. 7 What do
think would b
for the Nigeria
economy - for
interest rates t
Go up
13.7
14.1
16.3
Go down
52.4
54.5

Remain
unchanged
12.7
17.5
15.4
No idea
13.1
13.8
17.3
Q. 8 And
which would
be best for
you
personally,
for interest
rates to...*
Go up

13.9
12.2
Go down
67.599999999999994 75.2
68.400000000
Make no
difference
9.1
10.4
17.3
No idea
8.9

2.1
Q. 9 Do you
agree with
the following
statements?
a) rise in
interest rates
would make
prices in the
street rise
slowly in the
short term -
say a month
or two.
Q. 8 Do you agree
with the following
statements? A rise in
interest rates would
make prices in the
street rise slowly in
the short term - say a
month or two.
Q. 8 Do you agree
with the following
statements? A rise in
interest rates would
make prices in the
street rise slowly in
the short term - say a
month or two.
Q. 8 Do you ag
with the follow
statements? A
interest rates w
make prices in
street rise slow
the short term
month or two.
Agree
strongly
21.3
23.8
18.8
Agree
32.200000000000003 33.6
32.5
Neither agree
nor disagree
12.8
11.7
15.3
Disagree
13.8
14.1
14.5
Disagree
strongly
7.2
6.2
5.2
Don't know
12.1
10.5
13.8
Total agree
53.5
57.400000000000006 51.3
Total
disagree

20.3
19.7
Net agree
32.5
37.100000000000009 31.599999999
b) A rise in
interest rates
would make
prices in the
street rise
more slowly
in the
medium term
- say a year
or two
Agree
strongly
14.8
17.100000000000001 11.7
Agree
32.5
34.799999999999997 32.9
Neither agree
nor disagree
14.1
12.3
16.399999999
Disagree
15.2
17.8
15.8
Disagree
strongly
8.5
5.3
8.4
Don't know
6.7
12.4
14.9
Total agree
47.3
51.9
44.599999999
Total
disagree
23.7
23.1
24.200000000
Net agree
23.599999999999998 28.799999999999997 20.399999999
Q. 10 If a
choice had to
be made,
either to
raise interest
rates to try to
keep
inflation
down; or
keep interest
rates down
and allow
inflation to
rise, which
would you
prefer?
Q. 9 If a choice had
to be made, either to
raise interest rates to
try to keep inflation
down; or keep
interest rates down
and allow inflation to
rise, which would you
prefer?
Q. 9 If a choice had
to be made, either to
raise interest rates to
try to keep inflation
down; or keep
interest rates down
and allow inflation to
rise, which would you
prefer?
Q. 9 If a choic
to be made, ei
raise interest r
try to keep inf
down; or keep
interest rates d
and allow infl
rise, which wo
prefer?
Interest rates
to rise
48.2
50.8
52.7
Interest rate
to fall
14.1
14.8
15.9
No idea
36.799999999999997 34.1
31.3
Q. 11 Which
group of
people meets
to set the
Monetary
Policy Rate?
Q. 10 Which group of
people meets to set
the Monetary Policy
Rate?
Q. 10 Which group of
people meets to set
the Monetary Policy
Rate?
Q. 10 Which g
people meets t
the Monetary
Rate?
Monetary
Policy
Committee
55.9
59.5
61.2
The
Government
9.4

Federal
Ministry of
Finance
8.6999999999999993 10.5
9.5
National
Assembly

2.4
3.2
Others
1.2

Don't know

19.2

Q. 12 Which
of these
groups do
you think
influences
the direction
of the
interest
rates?
Q. 11 Which of these
groups do you think
influences the
direction of the
interest rates?
Q. 11 Which of these
groups do you think
influences the
direction of the
interest rates?
Q. 11 Which o
groups do you
influences the
direction of th
interest rates?
Government
ministers
3.1
2.4
4.3
Civil servants 2.8
1.8
2.4
CBN
76.900000000000006 82.3
77.5
Banks
3.4
3.5
4.5
No idea
13.1
9.8000000000000007 11.2
Q. 13 Which
of the
followings
best
describes the
independence
of the
Monetary
Policy
Committee?
Q. 12 Which of the
followings best
describes the
independence of the
Monetary Policy
Committee?
Q. 12 Which of the
followings best
describes the
independence of the
Monetary Policy
Committee?
Q. 12 Which o
followings bes
describes the
independence
Monetary Poli
Committee?
Influenced by
the
Government
Influenced by the
Government
Influenced by the
Government
Influenced by
Government
Influenced by
the federal
ministry of
finance
Influenced by the
federal ministry of
finance
Influenced by the
federal ministry of
finance
Influenced by
federal ministr
finance
Influenced by
National
Assembly
Influenced by
National Assembly
Influenced by
National Assembly
Influenced by
National Assem
Not
influenced by
any arm of
Government
Not influenced by any
arm of Government
Not influenced by any
arm of Government
Not influenced
arm of Govern
No idea
No idea
No idea
No idea
Q. 14 How
satisfied are
you with the
management
of interest
rate in
Nigeria?
Q. 13 How satisfied
are you with the
management of
interest rate in
Nigeria?
Q. 13 How satisfied
are you with the
management of
interest rate in
Nigeria?
Q. 13 How sat
are you with t
management o
interest rate in
Nigeria?
Very satisfied 20.2
27.1
21.4
Fairly
satisfied
44.6
44.6
41.6
Neither
satisfied nor
dissatisfied
12.4
12.3
17.600000000
Fairly
dissatisfied**
Very
dissatisfied
12.8
8.4
8.6
No idea
9.1999999999999993 7.1
8.6999999999
Total
satisfied
64.8
71.7

Total
dissatisfied
12.8
8.4
8.6
Net satisfied

63.300000000000004 54.4
Source:
Central Bank
of Nigeria
Note: Revised
template by
Q4, 2017;
however,
time series
data on
variables are
continued.
*Question
was
discontinued
at Q4, 2017.
**Introduced
at Q4, 2017.
Return to
Menu
E.4.1:
Credit
Conditions
Survey -
Secured
Lending

Q2
Q3
Q
1(a). How
has demand
for secured
lending for
house
purchase
from
Households
changed
Current
quarter

53.951296136279637

Next
quarter

57.464030470231108

of which:
Demand for
prime
lending
Current
quarter
11.108267189603248
35.025125062336322

Next
quarter
33.031066154038001
35.836620027887875

of which:
Demand for
buy to let
lending
Current
quarter
-10.099897192696545
18.160760158141244
3.
Next
quarter
16.758029914621147
37.294069940058591
-2
of which:
Demand for
other
lending
Current
quarter
10.187554093076585
24.957214866734418

Next
quarter
45.562649825395781
38.643829958643792

1(b). How
has demand
for secured
lending for
consumer
loans from
households
changed
Current
quarter
31.966033659230568
57.009073512214869

Next
quarter
59.125288925610064
42.407855118549662

1(c). How
has demand
for secured
lending for
mortgage/
re-mortgate
from
households
changed
Current
quarter
-1.3830319729324927
27.611435741780561
1.
Next
quarter
28.683206220267916
23.678766744487152

2. How has
demand for
secured
lending for
small
businesses
from
households
changed
Current
quarter
28.672160815573015
15.032495066823683

Next
quarter
45.952924872123539
36.627851264264642

3. How
have credit
scoring
creteria for
granting
loan
applications
by
households
changed
Current
quarter
-5.5730358107596523E-2 2.5264828126964005
0.
Next
quarter
-0.37402942399876737
4.2205929608590225
3.
4. How has
the
proportion
of
household
loan
applications
being
approved
changed
Current
quarter
30.942417446752728
35.934892331449106

Next
quarter
55.690583131185093
41.48010542491636

5(a). How
have the
overall
secured
lending
spreads
changed
Current
quarter

-6.080469374961746
-1
Next
quarter
35.361132953519004
-7.0420678981775673 -0
of which:
Spreads on
prime
lending
Current
quarter
5.405262257774389
1.8353402708081799
1.
Next
quarter
3.5486697856839715
5.4318602184617637
5.
of which:
Spreads on
buy to let
lending
Current
quarter
6.4170429316991324
5.2129231714192183
-0
Next
quarter
0.73625314687473686
1.5392182259893561
-0
of which:
Spreads on
other
lending
Current
quarter
6.461215055994936
6.72813265838791
-0
Next
quarter
0.74132119236906835
0.36790083164671117 7.
5(b). How
have fees
on secured
lending
changed
Current
quarter
10.062656654457285
-2.8907203145487381 -6
Next
quarter
5.1688342240026213
-2.9760760007696376 0.
5(c). How
have the
maximum
loan to
value ratios
changed
Current
quarter
-0.29709750500920462

-0
Next
quarter
-2.2154090435578899
-10.233320050950786 -0
5(d). How
have the
maximum
loan to
income
ratios
changed
Current
quarter
-0.40240142969658521
-4.1941320409568501 -5
Next
quarter
-6.8134811501100794
-8.8204618618923796 -4
6. How has
the
availability
of secured
credit
provided to
households
changed
Current
quarter
-33.739426141747586
-18.898606793094803 -2
Next
quarter
-49.920264483504013
-22.411310778333064 -1
Factors
contributing
to changes
in credit
availability
Changing
economic
outlook
Current
quarter
-33.527029653246885
-22.669533616655961 -1
Next
quarter
-52.84242818421626
-10.377214258655512 -1
Market
share
objectives
Current
quarter
-51.890928475029483
-34.237619217312847 -3
Next
quarter
-63.708246699572115
-19.622467437826867 -3
Changing
appetite for
risk
Current
quarter
-38.71342889644032
-34.419034068452866 -5
Next
quarter
-54.193199171361485
-22.814500402285361 -1
Tight
wholesale
funding
conditions
Current
quarter
0.77352490176505295
-15.618846380144475 -4
Next
quarter
-1.1499274834283426
2.5940149230829457
-8
Changing
liquidity
positions
Current
quarter
-26.161787416710258
1.0844159944075349
-1
Next
quarter
-48.082353026302954
19.466997278910156
-1
7. Has the
default rate
on secured
loans to
households
changed
Current
quarter
-19.791372346819568
1.5099244214300747
7.
Next
quarter
-36.815938324951503
-25.103222606949821 -1
8. How
have losses
given
default to
households
changed?
Current
quarter
-27.735304803896351
-2.959913250122268
-2
Next
quarter
-32.317814586907012
-18.777197190413624 -1
9. How has
the average
credit
quality of
new
secured
lending to
households
changed
Current
quarter
37.73071155786387
23.710824015612772

Next
quarter
40.712691046251763
32.760961200714526

10. How
has the
availability
of
households
secured
credit to the
following
types of
borrowers
changed:
Borrowers
with low
loan to
value ratios
(75% or
less)
Current
quarter
20.793811430382913
-13.461068547636694 7.
Next
quarter
24.742478897273752
-5.9556275646128096 11
Borrowers
with high
loan to
value ratios
(more than
75%)
Current
quarter
13.729980352305097
-2.628836071196111

Next
quarter
15.277115228305602
-5.1747431995563682 2.
Source:
Central
Bank of
Nigeria
Return to
Menu
E.4.2:
Credit
Conditions
Survey -
Unsecured
Lending

Q2
Q3
Q4
1(a). How
has demand
for
unsecured
credit cards
lending
from
households
changed
Current
quarter
28.454136821142423
-3.0647061582256452 18
Next
quarter
34.47235306107666
-13.241146188572486 25
1(b). How
has demand
for
unsecured
overdraft/
personal
loans from
households
changed
Current
quarter
9.1583682832508799
15.789982769453633 3.2
Next
quarter
11.72667735168589
-2.440840353443896
3.1
1(c). How
has demand
for total
unsecured
lending
from
households
changed
Current
quarter
7.5224086987009295
14.998060186028278 2.9
Next
quarter
7.6501246578261188
-3.2865976032535063 -6.
2(a). How
has demand
for
unsecured
credit cards
lending
from small
businesses
changed
Current
quarter
11.26565062582744
2.5053178649042573 -3.
Next
quarter
21.660431646744975
18.749968938392044 -2.
2(b). How
has demand
for
unsecured
overdraft/
personal
loans from
small
businesses
changed
Current
quarter
-5.7510862033068628
-16.922402306111401 0.9
Next
quarter
0.55401755000233788
-2.5840504229493604 7.4
2(c). How
has demand
for total
unsecured
lending
from small
businesses
changed
Current
quarter
-5.7510862033068628
-15.391933438861006 -14
Next
quarter
-4.3725142710938147
4.4893681788093147 -7.
3(a). How
have credit
scoring
creteria for
granting
credit card
loan
applications
by
households
changed
Current
quarter
11.14048715175473
-2.0917464599696962 0.5
Next
quarter
-1.4588893006310997

3(b). How
have credit
scoring
creteria for
granting
overdraft/
personal
loan
applications
by
households
changed
Current
quarter
14.839216943669925
9.8594432839583241 2.7
Next
quarter
3.1077400829984718
13.904981026781975 13
3(c). How
have credit
scoring
creteria for
granting
total
unsecured
loan
applications
by
households
changed
Current
quarter
24.226279213333257
11.640103750352063 2.9
Next
quarter
24.226279213333257
16.516877807070721 14
4(a). How
has the
proportion
of
household
credit card
loan
applications
being
approved
changed
Current
quarter
43.921485011402041
26.923233726913104 29
Next
quarter
50.54614957190514
11.296263461549295 23
4(b). How
has the
proportion
of
household
overdraft/
personal
loan
applications
being
approved
changed
Current
quarter
19.144633508237199
40.084117771184239 7.3
Next
quarter
12.363726795218579
20.43965600288529
-2.
4(c). How
has the
proportion
of
household
total loan
applications
being
approved
changed
Current
quarter
12.47580223375205
32.950172925044981 -5.
Next
quarter
12.363726795218579
20.43965600288529
-2.
5(a). How
have
spreads on
credit cards
changed?
Current
quarter
-5.6214678950041179
-7.9036750988561852 -4.
Next
quarter
2.83623529901348
4.1834929199393924 9.8
5(b). How
have
spreads on
overdraft/
personal
loans
changed?
Current
quarter
-10.696372330516558
-9.9638143819603187 3.8
Next
quarter
-2.2932038949175335
5.8362273788597347 12
5(c). How
have
spreads on
overall
unsecured
lending
changed?
Current
quarter
-10.49583039971381
-10.555259577720555 4.0
Next
quarter
-4.5345794611282741E-2 6.182661837819599

5(d). How
have
unsecured
credit card
limits
changed?
Current
quarter
-5.5433597670698784
2.9591932380467338 5.9
Next
quarter
-0.63278007901625044

-3.
5(e). How
has the
minimum
proportion
of credit
cards
balances to
be paid
changed?
Current
quarter
5.1830330885534703
1.4961394400215093 8.6
Next
quarter
10.387129033811046
3.3245617234243641 14
5(f). How
have
maximum
maturities
on loans
changed
Current
quarter
11.232725897383329
3.2475512716929362 6.4
Next
quarter
1.97029079047193
-1.7064160290146857 9.8
6. How has
the
availability
of
unsecured
credit
provided to
households
changed
Current
quarter
-25.576591820947513
-18.398697473432584 -16
Next
quarter
-20.657205035580237
-20.013868978735655 -21
Factors
contributing
to changes
in credit
availability
Changing
economic
outlook
Current
quarter
-36.098973052244808
-37.626826952612802 -16
Next
quarter
-27.095153024999213
-28.527202999617714 -16
Market
share
objectives
Current
quarter
-41.022122850709763
-35.306202410382063 -23
Next
quarter
-32.745571725559337
-30.367780472588386 -19
Changing
appetite for
risk
Current
quarter
-21.151999771166945
-24.674323776680474 -10
Next
quarter
-19.152305010334345
-24.366799956056589 -8.
Changing
cost/
availability
of funds
Current
quarter
-35.123521992884356
-44.641104663349232 -27
Next
quarter
-28.419562604800504
-34.692564361870083 -25
7(a). How
has the
default rate
on credit
card loans
to
households
changed?
Current
quarter
-10.5251958227029
-29.728322278546099 -43
Next
quarter
-35.677860551843239
-23.842992692228545 -19
7(b). How
has the
default rate
on
overdraft/
personal
loans to
households
changed?
Current
quarter
-19.196522180743017
-19.22468453784008
-27
Next
quarter
-45.530236807088862
-24.41403277671882
-28
7(c). How
has the
default rate
on total
unsecured
loans to
households
changed?
Current
quarter
-10.851524692971019
-23.434690686811621 -30
Next
quarter
-32.562403284304885
-25.851998980452624 -29
8(a). How
have losses
given
default on
credit card
loans to
households
changed?
Current
quarter

-45.280271204047786 -29
Next
quarter
-14.909034113417935
-37.538919692344237 -23
8(b). How
have losses
given
default on
overdraft/
personal
loans to
households
changed?
Current
quarter
-5.2873865473097865
-34.317843545971435 -22
Next
quarter
-21.444326716337404
-29.7119088149474
-28
8(c). How
have losses
given
default on
total
unsecured
loans to
households
changed?
Current
quarter
-5.2873865473097865
-33.155576152441824 -24
Next
quarter
-21.444326716337404
-31.690957547572442 -24
9(a). How
has the
average
credit
quality of
new credit
card
lending to
households
changed?
Current
quarter
0.9887291996041494
30.02516654589547
-0.
Next
quarter
0.83087954152290244
25.093644681550959 -16
9(b). How
has the
average
credit
quality of
new
overdraft/
personal
lending to
households
changed?
Current
quarter
9.5587275161854279
26.446985108274518 19
Next
quarter
11.947702230697077
28.842324365291358 19
9(c). How
has the
average
credit
quality of
new total
unsecured
lending to
households
changed?
Current
quarter
9.5587275161854279
26.446985108274518 24
Next
quarter
11.947702230697077
28.842324365291358 24
Source:
Central
Bank of
Nigeria
Return to
Menu
E.4.3: Credit
Conditions
Survey -
Corporate
Lending

Q2
Q3
Q
1(a). How
has
availability
of credit
provided to
small
businesses
changed?
Current
quarter
-34.299686371170196
-28.484390628882199
-
Next
quarter
-46.252500938525046
-21.212796107306048
-
1(b). How
has
availability
of credit
provided to
medium
PNFCs
changed?
Current
quarter
-31.228217835768934
-21.225376246214122
-
Next
quarter
-51.215483209897641
-24.87152806631012
-
1(c). How
has
availability
of credit
provided to
large PNFCs
changed?
Current
quarter
-45.526127414547226
-38.913751808933014
-
Next
quarter
-38.739492354711068
-31.125825004286185
-
1(d). How
has
availability
of credit
provided to
OFCs
changed?
Current
quarter
-13.582998872219193
-19.327523891924731
-
Next
quarter
-19.900996511402468
-16.520844076007794
-
2(a). How
has demand
for credit
cards
lending from
SMALL
BUSINESSES
changed?
Current
quarter
35.060867415819445
35.335319404153225

Next
quarter
45.378625967192065
29.037411848871983

2(b). How
has demand
for
overdraft/
personal
loans from
SMALL
BUSINESSES
changed?
Current
quarter
42.984208654892576
41.80618837280096

Next
quarter
48.388724534745805
38.20780233679038

2(c). How
has demand
for secured
lending from
SMALL
BUSINESSES
changed?
Current
quarter
42.222105151482424
42.304310518759635

Next
quarter
52.743197914768345
30.258122453113984

2(d). How
has demand
for lending
from
Medium
PNFCs
changed?
Current
quarter
48.727646599357293
40.431343557166336

Next
quarter
62.315672716584899
39.00565933676846

2(e). How
has demand
for lending
from Large
PNFCs
changed?
Current
quarter
50.65081550629796
45.612452966336761

Next
quarter
50.432917147485064
30.500195604537637

2(f). How
has demand
for lending
from OFCs
changed?
Current
quarter
30.88690378546012
39.618567139763151

Next
quarter
37.340998439921542
29.810174751629859
3. What
have been
the main
factors
contributing
to changes
in demand
for lending?
(a1 )Merger
and
acquisition
Current
quarter
-6.2022635902959564
-38.138986714509663
-
Next
quarter
5.8242969532875133
-20.345077586114442
-
(a2 )Capital
Investments
Current
quarter
55.31107449394743
39.488739362785928

Next
quarter
48.549155628678989
22.726535770581208

(a3)
Inventory
Finance
Current
quarter
57.230938230783508
50.530641119758293

Next
quarter
61.642533014966787
41.072049196713998

(a4) Balance
sheet
restructuring
Current
quarter
6.0533386800962692
0.51704292609474578 -
Next
quarter
13.511173067813035
-2.7150614386929659
-
(a5)
Commercial
Real Estate
Current
quarter
17.850672934435401
1.0620285609116955
-
Next
quarter
17.850672934435401
1.0620285609116955
-
4(a). How
has the
overall
availability
of credit to
the
corporate
sector
changed?
Current
quarter
-36.924693316757882
-46.060666405702428
-
Next
quarter
-64.724154366008662
-48.964198377691034
-
Of which:
Commercial
real estate
sector
Current
quarter
-19.335727143677818
-0.57413018778891534 3
Next
quarter
-28.280724364743072
-9.632554030657186
-
4(b). Factors
contributing
to changes
in credit
availability.
Changing
economic
outlook
Current
quarter
-63.612306137055846
-52.990166734127492
-
Next
quarter
-51.492751364471793
-28.132355483370993
-
Changing
sector
specific risks
Current
quarter
-47.650940875241773
-40.172694164865746
-
Next
quarter
-50.780080914929812
-26.602922627750914
-
Market share
objectives
Current
quarter
-44.331117810641956
-37.202844628081095
-
Next
quarter
-38.19697642481141
-30.861319444644586
-
Market
pressures
from capital
markets
Current
quarter
21.399272445425439
6.7271388860794232

Next
quarter
11.525079342807219
13.465668553523827
Changing
appetite for
risk
Current
quarter
-41.704785046904163
-39.50386607409046
-
Next
quarter
-40.8949390193197
-19.291158619480026
-
Tight
wholesale
funding
conditions
Current
quarter
-36.464362501679737
-44.333374261128384
-
Next
quarter
-38.01125611378518
-30.085554646316041
-
Changing
liquidity
conditions
Current
quarter
-52.443314989027343
-44.18130531547915
-
Next
quarter
-53.732820626790044
-39.581482991712647
-
4(c1 ). How
have
commercial
property
prices
affected
credit
availability
to the
commercial
real estate
sector?
Current
quarter
-4.6184915491482332
10.927791157174848
-
Next
quarter
-5.2676653764580506
11.563421520648994
-
4(c2 ). How
have
commercial
property
prices
affected
secured
lending to
PNFCs?
Current
quarter
-21.869501800504388
-7.0801472252078472
-
Next
quarter
-22.111080121302141
-6.2940822929054017
-
5(a). How
has the
proportion
of loan
applications
from small
businesses
being
approved
changed?
Current
quarter
37.289021062436284
29.260417516878402

Next
quarter
43.173155534276759
14.708660277319483

5(b). How
has the
proportion
of loan
applications
from
medium
PNFCs being
approved
changed?
Current
quarter
42.331873991954225
31.968566005855852
Next
quarter
48.827497776310615
21.26468580334268
5(c). How
has the
proportion
of loan
applications
from large
PNFCs being
approved
changed?
Current
quarter
41.425040284573846
43.712523665140097

Next
quarter
43.026345495037759
29.841823275741231
6(a1). How
have spreads
on loans to
small
businesses
changed?
Current
quarter
9.4637039120263218
7.5384159792152259
-
Next
quarter
9.1874258371514017
4.6205076587025458
-
6(a2). How
have fees/
commissions
on loans to
small
businesses
changed?
Current
quarter
21.141770192662488
13.176840689599501

Next
quarter
12.87988876482709
12.093286476001671

6(a3). How
have
collataral
requirements
for loans to
small
businesses
changed?
Current
quarter
-7.8248088618868854
-12.104534691280037
-
Next
quarter
-7.8248088618868854
-16.312341950567568
-
6(a4). How
have
maximum
credit lines
for loans to
small
businesses
changed?
Current
quarter
-18.577063254688738
-16.812350387901379
-
Next
quarter
-18.836780518110569
-9.5667330035449201
-
6(a5). How
have Loan
convenants
for loans to
small
businesses
changed?
Current
quarter
-8.0845261253087166
-13.511567017974651
-
Next
quarter
-8.0845261253087166
-16.312341950567568
-
6(b1). How
have spreads
on loans to
medium
PNFCs
changed?
Current
quarter
13.361016118071394
8.1873615706642084
-
Next
quarter
0.66721626978685533
1.7272968786484411

6(b2). How
have fees/
commissions
on loans to
medium
PNFCs
changed?
Current
quarter
23.318862941496448
13.825786281048485

Next
quarter
7.5404525399381397
12.093286476001671
6(b3). How
have
collataral
requirements
for loans
tomedium
PNFCs
changed?
Current
quarter
-4.1570294694669014
-11.455589099831055
-
Next
quarter
-3.9293295553665972
-16.597527073383375
-
6(b4). How
have
maximum
credit lines
for loans to
medium
PNFCs
changed?
Current
quarter
-8.3934816437939599
-16.163404796452397
-
Next
quarter
-12.302783714733968
-9.5667330035449201
-
6(b5). How
have Loan
convenants
for loans to
medium
PNFCs
changed?
Current
quarter
-8.3442433887305452
-11.740774222646857
-
Next
quarter
-8.1509424356703875
-16.597527073383375
-
6(c1). How
have spreads
on loans to
large PNFCs
changed?
Current
quarter
13.361016118071394
4.2465547664501901
-
Next
quarter
4.7302750310264603
8.5431297951742753
-
6(c2). How
have fees/
commissions
on loans to
large PNFCs
changed?
Current
quarter
27.246359597338259
8.7631322729556604
Next
quarter
14.964926727988789
12.093286476001671

6(c3). How
have
collataral
requirements
for loans to
large PNFCs
changed?
Current
quarter
4.1481952876396955
-9.6091368721862054
-
Next
quarter
-1.9563941170360799
-5.6865147357144759
-
6(c4). How
have
maximum
credit lines
for loans
tolarge
PNFCs
changed?
Current
quarter
-16.369786056058032
-4.4151595968729849
-
Next
quarter
-24.819130687317333
-8.0742857984097185
-
6(c5). How
have Loan
convenants
for loans to
large PNFCs
changed?
Current
quarter
-3.9018631623948252E-2 -11.016169198880817
-
Next
quarter
-6.1436080362997219
-6.8083619395932846
-
6(d1). How
have spreads
on loans to
OFCs
changed?
Current
quarter
10.504208849919948
8.4091076605878499
-
Next
quarter
0.18784915676510983
6.8808980540996778
-
6(d2). How
have fees/
commissions
on loans
toOFCs
changed?
Current
quarter
16.102208319953007
14.410205071911808

Next
quarter
1.0432327994316224
13.225229189430113

6(d3). How
have
collataral
requirements
for loans to
OFCs
changed?
Current
quarter
-4.989758321472312
-5.828515012500417
-
Next
quarter
-4.989758321472312
-1.2268531317984563
-
6(d4). How
have
maximum
credit lines
for loans to
OFCs
changed?
Current
quarter
-10.399378831487571
-2.7753422549133409
-
Next
quarter
-5.8052854639580138
2.0001505342918637
-
6(d5). How
have Loan
convenants
for loans
toOFCs
changed?
Current
quarter
-5.2871150835903089
-5.828515012500417

Next
quarter
-5.2871150835903089
-1.2268531317984563
-
7(a). How
has the
default rate
on loans to
small
businesses
changed?
Current
quarter
-18.291355141581015
-26.048106559864348
-
Next
quarter
-28.949656811237666
-31.839471303594781
-
7(b) How
has the
default rate
on loans to
medium
PNFCs
changed?
Current
quarter
-21.216661982908541
-15.580223022237988
-
Next
quarter
-30.618667188383885
-21.312501725165998
-
7(c). How
has the
default rate
on loans to
large PNFCs
changed?
Current
quarter
-21.216661982908541
-20.683646498570123
-
Next
quarter
-34.582997751025772
-28.015706803547364
-
7(d). How
has the
default rate
on loans to
OFCs
changed?
Current
quarter
-14.535233002206727
-22.584249913174517
-
Next
quarter
-34.310235237739462
-25.995588024214602
-
8(a). How
have losses
given default
on loans to
small
businesses
changed?
Current
quarter
-27.906134153264304
-2.8548491567726586
-
Next
quarter
-43.552864349383057
-9.5546095824960346
-
8(b). How
have losses
given default
on loans to
medium
PNFCs
changed?
Current
quarter
-34.40892947863717
-13.413714216241178
-
Next
quarter
-43.552864349383057
-20.042528086319248
-
8(c). How
have losses
given default
on loans to
large PNFCs
changed?
Current
quarter
-32.909538484831266
-18.710710615359826
-
Next
quarter
-47.518878614765661
-26.99998582569912
-
8(d). How
have losses
given default
on loans to
OFCs
changed?
Current
quarter
-16.868839658597466
-21.777318861496489
-
Next
quarter
-33.756688899132193
-23.522856400388495
-
9(a). Has
there been a
changed in
average
credit
quality on
newly
aranged
PNFCs
borrowing
facilities?
Current
quarter
18.566843631249274
24.442844913012248

Next
quarter
22.871570752108468
16.952936165702361

9(b). Has
there been
any change
in target
hold levels
associated
with
corporate
lending?
Current
quarter
20.183582076880231
4.9748161516948617
Next
quarter
25.331020290980497
2.7918527754312246
9(c). How
have loan
tenors on
new
corporate
loans
changed?
Current
quarter
15.774857554995208
10.510371772217512

Next
quarter
15.987829557167206
2.7918527754312246
-
9(d). Has
there been a
change in
draw down
on
committed
lines by
PNFCs?
Current
quarter
17.692076498870858
24.386270039672844
Next
quarter
18.178726220664405
17.789598246765369

Source:
Central Bank
of Nigeria
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E.5.1:
Purchasing
Managers'
Index -
Manufacturing
Month
Production Level
New Orders
Supplier Deliv
Time


43070
63.2

57.4
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E.5.2:
Purchasing
Managers'
Index - Non
Manufacturing
Month
Business Activity
New orders
Employment


55.7