MENU
D.1.1
Foreign Trade
D.1.2.1
Value of Major Imports Groups by S.I.T.C Sections
D.1.2.2
Imports by H. S. Section
D.1.3
Export Commodity Price Index
D.1.3.1
Export Commodity Price Index (Base Period: January
2018)
D.1.4
Import Commodity Price Index
D.1.4.1
Import Commodity Price Index (Base Period: January
2018)
D.1.5
Commodity Terms of Trade
D.1.5.1
Commodity Terms of Trade (Base Period: January 2018)
D.2.1.1
Balance of Payments - Analytical Statement (1981 –
1993)
D.2.1.2
Balance of Payments - Analytical Statement (1994 –
2004)
D.2.1.3A Balance of Payments Compilation (2005 – 2018) -Naira
D.2.1.3B Balance of Payments Compilation (2005 – 2018) - Dollar
D.2.1.4A Balance of Payments BPM6 Compilation Naira
D.2.1.4B Balance of Payments BPM6 Compilation US$
D.2.2.1
International Investment Position (Naira)
D.2.2.2
International Investment Position (US Dollar)
D.2.2.3A International Investment Position BPM6 (Naira)
D.2.2.3B International Investment Position BPM6 (US Dollar)
D.3.1
External Reserves
D.3.2
External Reserves Adequacy - Months of Import Cover
D.4.1
Monthly Average Official Exchange Rate of the Naira
D.4.2
Monthly Average (AFEM/DAS) Exchange Rates of the
Naira - Central Rate
D.4.3
Average Naira Cross Exchange Rates - Selling
D.4.4
Average AFEM/DAS Naira Cross Exchange Rates - Selling
D.4.5
Naira Official Cross Exchange Rates - End Period
D.4.6
End Period Naira Cross Exchange Rates - Selling
D.4.7
Monthly Official Exchange Rate - End Period
D.4.8
Monthly Average Exchange Rate Movements at BDC &
IFEM Segments of the FOREX Market
D.4.9
Computed Rleative Purchasing Power Parity (RPPP)
Exchange Rate with Percentage Overvaluation and
Devaluation
D.4.10
Bilateral Real Exchange Rate - Interbank
D.4.10.1 Bilateral Real Exchange Rate - I & E
D.4.11
Nominal Effective Exchange Rate Indices for Nigeria
D.4.12
Nominal Effective Exchange Rate Indices for Nigeria
D.4.12.1 Nominal Effective Exchange Rate Indices for Nigeria - I &
E
D.4.13
Real Effective Exchange Rate Indices for Nigeria
D.4.13.1 Real Effective Exchange Rate Indices for Nigeria - I & E
D.5.1
Sectoral Utilization of Foreign Exchange for Transactions
Valid for Foreign Exchange
D.5.2
Sectoral Utilization of Foreign Exchange for Transactions
Valid for Foreign Exchange – Cont’d
D.5.3
Supply of Foreign Exchange
D.6.1
Cash flow
D.7.1.1
Capital Importation by Type of Investment
D.7.1.2
Capital Importation By Nature of Business
D.7.1.3
Capital Importation By Country
D.7.2
Co-ordinated Direct Investment Survey
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Menu
Table D.1.1:
Foreign
Trade: Oil
and Non-Oil
(₦' Billion)
Imports (cif)
Year
Oil
Non-Oil
Total

0.1198
12.719799999999999 12.8395999

0.22550000000000001
10.545
10.7705

0.1716
8.7321000000000009 8.90370000

0.28239999999999998
6.8958999999999993 7.17829999

5.1799999999999999E-2 7.0108000000000006 7.06260000

0.91389999999999993
5.0697000000000001 5.98359999

3.1700999999999997
14.691600000000001 17.8616999

3.8030999999999997
17.642599999999998 21.4456999

4.6716000000000006
26.188599999999997 30.8601999

6.0731000000000002
39.644800000000004 45.7179

7.7721999999999998
81.715999999999994 89.4881999

19.561499999999999
123.58969999999999 143.151200

41.136099999999999
124.4933
165.6294

42.349599999999995
120.4392
162.788799

155.82589999999999
599.30180000000007 755.127700

162.17870000000002
400.4479
562.626600

166.9025
678.81409999999994 845.716599

175.85420000000002
661.56449999999995 837.418699

211.6618
650.85390000000007 862.515699

220.81769
764.2047
985.022389

237.10682999999997
1121.0735
1358.18033

361.71
1150.98533
1512.69533

398.92230999999998
1681.31296
2080.23527

318.11471999999998
1668.93055
1987.04527

797.2989399999999
2003.5573899999999 2800.85633

710.68299999999999
2397.8363199999999 3108.51931

768.22683999999992
3143.72579
3911.95262

1315.5315442462663
4277.6489059074647 5593.18045

1068.7449213806058
4411.9112015847386 5480.65612

1757.1404001490046
6406.8341702454727 8163.97457

3043.596724420433
7952.2669016427744 10995.8636

3064.2559246165702
6702.3008106272446 9766.55673

2429.3761024227433
7010.0486048142893 9439.42470

2215.0320971703645
8323.7484791770476 10538.7805

1725.2249234312028
9350.8434202644348 11076.0683

2384.412461649757
7095.9544041932968 9480.36686


Sources:
National
Bureau of
Statistics
and Central
Bank of
Nigeria
Note: Data
include CBN
estimates
for informal
cross border
trade.
1Provisional
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to Menu
Table
D.1.2.1:
Value of
Major
Imports
Groups
by
S.I.T.C.
Sections
(₦'
Billion)
Year
Food &
Beverages
Crude
Live Animal
&
Materials
Tobacco
Inedible

1.8195999999999999
1.6500000000000001E-2 0.2189000000

1.6422999999999999
1.6399999999999998E-2 0.2072

1.7610999999999999
1.78E-2
0.2776000000

1.3497000000000001
1.66E-2
0.3001000000

1.1990000000000001
9.4000000000000004E-3 0.3504999999

0.80189999999999995 1.4500000000000001E-2 0.1939000000

1.8737999999999999
3.0699999999999998E-2 0.7995999999

1.8915999999999999
8.5699999999999998E-2 0.5915000000

2.1089000000000002
0.1363
1.0807

3.4744999999999999
0.22869999999999999
1.4172

3.0456999999999996
0.2611
1.5664

12.840200000000001
0.72960000000000003
3.9396

13.952399999999999
0.49830000000000002
1.3288

13.837
0.4884
5.0465

88.349899999999991
3.0205000000000002
31.715400000

75.391999999999996
2.2505000000000002
26.4435

100.7283
5.0338000000000003
38.084600000

102.16510000000001
3.3496999999999999
37.683900000

103.4898
4.3121
38.808699999

113.6305
6.7408000000000001
44.296599999

160.20910000000001
9.5038999999999998
62.454329999

144.29764
13.670780000000001
75.763300000

201.64829577418502
18.830149903545841
105.21155767

178.74744145487705
21.846715458274645
101.97042067

193.25908999999999
28.008560000000003
165.25051999

214.48767854585719
31.085198926162377
183.40265271

269.92453685898033
39.119533486487619
230.80522120

311.38815569605913
51.898028870813924
285.43914126

446.89565005097546
28.88074152473482
77.181110675

693.25537031537669
38.185259143925265
104.31391286

2885.4371485547731
51.183298903855416
582.79971426

1294.0351823460312
132.35593698107547
103.41911628
Sources:
National
Bureau
of
Statistics
and
Central
Bank of
Nigeria
Return to Menu
Table D.1.2.2 Imports
by H.S. Section (₦'
Billion)
Section

01 - Live animals;
animal products
350.23732949291747
483.51668918945609
02 - Vegetable products 414.90044422846728
650.50088533546955
03 - Animal or
vegetable fats and oils
and their cleavage
products; prepared
edible
55.974969803405919
129.04151045378782
04 - Prepared
foodstuffs; beverages,
spirits and vinegar;
tobacco and
manufactured
890.93589730832264
578.64844919055861
05 - Mineral products
1949.912163549433
1777.2310757935136
06 - Products of the
chemical or allied
675.4277321678353
833.94583883089047
07 - Plastics and
articles thereof; rubber
and articles thereof
849.16598851885635
635.72316737560459
08 - Raws hides and
skins, leather, furskins
and articles thereof;
saddlery and
13.317877996857497
8.2138089300959649
09 - Wood and articles
of wood; wood
charcoal; cork and
articles of cork;
30.555345105055203
21.354242714058593
10 - Pulp of wood or of
other fibrous cellulosic
material; waste and
scrap of paper or
176.75867732066544
231.33167926828634
11 - Textiles and
textiles articles
129.61211132891881
151.64298480915014
12 - Footwear,
headgear, umbrellas,
sun umbrellas, walking
sticks, seat sticks,
whips
35.521142308691523
37.212565877789835
13 - Articles of stone,
plaster,cement,asbestos,
mica or similar
materials; ceramic
142.743347366199
160.10180358779886
14 - Natural or cultured
pearls, precious or
semi-precious stones,
precious metals,
1.6506383312732658
1.3809393125256479
15 - Base metals and
articles of base metal
746.3011924296294
968.27672368421815
16 - Machinery and
mechanical appliances;
electrical equipment;
parts thereof; sound
1788.4900051251032
2441.6272964901113
17 - Vehicles, aircraft,
vessels and associated
transport equipment
1030.0314137258638
1252.6534957040351
18 - Optical,
photographic,
cinematographic,
measuring, checking,
precision, medical
80.082509038555202
98.312536722567017
19 - Arms and
ammunition; parts and
accessories thereof
0.23685178606927146 8.28978342847487E-2
20 - Miscellaneous
manufactured articles
76.884506947798741
78.018668197631769
21 - Works of art,
collectors pieces and
antiques
0.68456335711377547 9.7249469660711296E-2
9439.4247072370308
10538.914508771493
Source: National
Bureau of Statistics
Notes: 1Provisional
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Table
D.1.3:
Export
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
66.545077831823704 210.868184989789
114.1570
Feb
103.58945881122656 104.65492992931746 113.6653
Mar
101.61530209281828 163.6841348286888
86.40696
Apr
102.81373826219841 165.61460183013719 87.43238
May
98.544657943170165 200.27698108224203 121.5631
Jun
98.923509435872603 201.04693893506342 122.0305
Jul
82.913157603670854 119.13985781881411 97.18022
Aug
102.55440972409041 159.82015855203196 95.16469
Sep
99.802541500478611 160.76410070885095 84.86550
Oct
65.754509097011848 200.8873199692332
111.4593
Nov
95.914813190527639 194.93222289070243 111.8604
Dec
110.33026990793431 142.71100329622615 144.7072

Jan
100.13964701688073 112.26302333362524 122.8880
Feb
76.672313356028425 114.95413598646768 136.4690
Mar
103.12237207309983 104.1830389627023
113.1528
Apr
100.05431380497025 161.16966100327284 85.07959
May
91.841857540623309 147.74809665916351 80.54389
Jun
65.293536073797966 403.1408111957648
112.0100
Jul
109.67935490247555 131.59771956747176 112.8099
Aug
96.059045992317891 195.22535405294414 118.4969
Sep
102.11993797337618 103.17029431021294 112.0528
Oct
110.45205946829432 142.86853676699977 144.8670
Nov
83.497441436243506 119.97851824963496 97.86487
Dec
100.37100933545314 112.52239546186969 123.1719

Jan
103.04030259274285 160.57737099678451 95.61557
Feb
100.26580254074318 161.51033165058726 85.25943
Mar
77.019246900625831 115.4742904479449
137.0865
Apr
100.50750395305516 161.8996695332323
85.46496
May
100.4067950312585
161.73744541546353 85.37932
Jun
92.165733108776635 148.26912269272222 80.82792
Jul
65.747923768108791 200.94596983299351 112.7895
Aug
110.54305906021337 132.6340266978365
113.6983
Sep
95.982121831363088 195.06901743308188 118.4020
Oct
102.08925904147951 103.13929982964709 112.0192
Nov
100.44142395414907 112.60133480524844 123.2583
Dec
83.347345337345686 119.76375234112815 97.68912

Jan
110.50741835936701 142.94014289007865 144.9396
Feb
103.2263892232906
160.86736725222164 95.78825
Mar
66.345542366061096 409.63619642910044 113.8147
Apr
103.51680087418464 104.58152466784401 113.5856
May
105.29091700775642 164.08471459726613 97.70401
Jun
103.07180487430232 166.03030113191963 87.64547
Jul
98.881393457749851 200.96134463568887 121.9785
Aug
97.149951002712399 98.149188424210706 106.5994
Sep
108.28199093968081 140.0615767666205
142.0207
Oct
96.144759121964384 149.83139863590563 89.21689
Nov
92.652208053544939 149.24618831687067 78.78533
Dec
97.366175726907926 202.68449667462255 121.0705
Table
D.1.3:
Export
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
35.243735586151224 133.23046096988037 90.15962
Feb
110.71618490638063 143.20266554274644 145.2122
Mar
110.9557709862238
144.63976152656804 145.6979
Apr
66.302855190680518 99.40729705582153
118.0124
May
102.08925904147951 103.13929982964709 112.0192
Jun
59.926493012472449 183.08208431176254 101.5803
Jul
78.487782628944188 112.78093287339262 91.99336
Aug
64.667929822250485 399.27814080533011 110.9368
Sep
106.55627763051174 129.07041146314032 109.8516
Oct
96.154934989922978 195.41917808974657 118.6150
Nov
101.13821214913952 102.17847089636248 110.9756
Dec
106.30205017912262 127.54549294697406 109.3362

Jan
98.413951506837208 100.48298254094124 98.83918
Feb
79.166609855166513 116.85270482755385 93.36952
Mar
88.061035652646368 101.38371206994063 108.5021
Apr
96.850207023724835 154.06284792160261 90.64702
May
95.19364918471156
193.46656711443134 111.0194
Jun
98.779893283877414 100.17954714995733 99.06607
Jul
97.233072349217281 201.88611001694392 120.8006
Aug
97.099968971526621 201.08772335926517 120.5308
Sep
91.867233187715854 151.35290633690713 81.50008
Oct
91.055302583802856 146.48274772506716 79.85409
Nov
100.4067950312585
161.73744541546353 85.37932
Dec
90.053958775965427 146.16307810423731 79.31429

Jan
92.568281580541893 161.24460206778753 84.41146
Feb
66.981682416902871 103.47906900998279 119.3886
Mar
96.671096677077827 202.32865901466465 114.0145
Apr
108.6274075267909
130.33555060518907 111.7280
May
99.477447494585519 106.86209193579387 100.9951
Jun
109.45397950224987 135.29353174937367 113.4036
Jul
87.602827115918799 98.208437100231507 107.5032
Aug
102.12249049348794 106.56899357907533 112.6888
Sep
90.208599312825427 145.12063680872126 79.11155
Oct
98.585916866956993 102.88582104872032 108.7877
Nov
97.927150610734088 98.934381931604378 107.4522
Dec
109.36481084907766 141.46219253428671 143.4409

Jan

Feb
92.535876615237584 148.86458101678943 81.15253
Mar
110.7313022740793
132.8598885083006
113.8919
Apr
102.26310632222729 103.31493521952029 112.2099
May
83.49764109131003
119.97971582962148 97.86528
Jun
103.38146141541371 161.1090307984193
95.93214
Jul
100.70892179664845 162.22411776876987 85.63623
Aug
65.853289030557704 201.1891036246702
111.6267
Sep
96.155201193511431 195.42077482777191 112.1408
Oct
110.71778214544338 143.21224615777845 145.2155
Nov
100.59231242278327 112.77049054106003 123.4435
Dec
77.096343243869697 115.58988032827318 137.2237
Table
D.1.3:
Export
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
103.7970529170607
104.86465924781308 113.8931
Feb
100.70892179664845 162.22411776876987 85.63623
Mar
92.535876615237584 148.86458101678943 81.15253
Apr
65.853289030557704 406.59688471584946 112.9702
May
110.7313022740793
132.8598885083006
113.8919
Jun
96.155201193511431 195.42077482777191 118.6155
Jul
102.26310632222729 103.31493521952029 112.2099
Aug
110.71778214544338 143.21224615777845 145.2155
Sep
83.49764109131003
119.97971582962148 97.86528
Oct
100.59231242278327 112.77049054106003 123.4435
Nov
103.38146141541371 161.1090307984193
95.93214
Dec
100.70892179664845 162.22411776876987 85.63623

Jan
77.096343243869697 115.58988032827318 137.2237
Feb
100.70892179664845 162.22411776876987 85.63623
Mar
100.70892179664845 162.22411776876987 85.63623
Apr
92.535876615237584 148.86458101678943 81.15253
May
65.853289030557704 201.26799863080282 112.9702
Jun
110.7313022740793
132.8598885083006
113.8919
Jul
96.155201193511431 195.42077482777191 118.6155
Aug
102.26310632222729 103.31493521952029 112.2099
Sep
100.59231242278327 112.77049054106003 123.4435
Oct
83.49764109131003
119.97971582962148 97.86528
Nov
110.71778214544338 143.21224615777845 145.2155
Dec
103.38146141541371 161.1090307984193
95.93214

Jan
66.511821920863269 410.66285356300801 114.0999
Feb
103.7970529170607
104.86465924781308 113.8931
Mar
105.44909064372196 164.3312114143877
97.85079
Apr
103.22664484156466 166.2797207129891
87.77714
May
99.039857229316766 201.283398072605
122.1740
Jun
105.45963555278635 164.34764453552916 97.86057
Jul
113.53105575378599 299.79200436823834 180.7226
Aug
106.55616014326067 267.467938309229
167.6380
Sep
109.34413962311535 382.20476922441662 167.7461
Oct
121.4504914913595
377.21940235895181 168.3092
Nov
141.55905107769058 345.99248729015318 182.2331
Dec
134.74383138058744 381.9354338532134
176.8319

Jan
177.57038634153142 174.63799602696702 132.3011
Feb
176.27156555112711 192.83063550156689 150.5355
Mar
209.32145249615991 193.37814027942534 189.4028
Apr
74.584920694841472 150.33192854523293 113.9568
May
216.41684574504237 188.08693907239268 135.8324
Jun
450.1035583680528
250.64816570592828 547.3563
Jul
120.53158256720128 228.70138800835679 125.1459
Aug
131.52737351281061 197.82743430111393 146.4193
Sep
110.48619452918513 105.7410673002545
183.1979
Oct
116.92436783594349 151.67297796972727 105.3654
Nov
132.06936975867865 112.83314612360269 127.5614
Dec
107.51475169747009 261.88184665928799 173.3675
Table
D.1.3:
Export
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
126.35231573885804 117.33197687252505 105.2282
Feb
108.1023484984977
127.65771797577624 122.6699
Mar
93.768309370385467 117.21700426510201 95.51438
Apr
108.10340194100867 130.28210535710281 134.6866
May
110.32719321971705 115.3147483959433
128.6938
Jun
106.38168785813035 124.41910913212396 133.5029
Jul
94.779154315137731 153.987754741587
129.7864
Aug
75.16601208912077
116.22525310541593 124.1675
Sep
96.887055840494696 222.78730770794979 109.3838
Oct
106.53591596250658 135.05656457237802 140.4233
Nov
94.534811067340016 127.58033529656144 137.6309
Dec
80.200752397830257 114.33992886514388 135.3586

Jan
120.68217961123273 241.51559889467384 101.0528
Feb
118.27869590060624 179.87112643693155 101.2884
Mar
113.64995351835904 212.89940197098679 109.1639
Apr
116.32280610618045 225.7464433368867
131.3547
May
125.85771205733415 219.70059178103162 145.7263
Jun
107.63543359401099 174.94915252581904 114.5675
Jul
107.16244628026031 220.97905237614268 120.8353
Aug
96.847646084376009 254.47923293843604 129.0126
Sep
131.01365574551861 292.65684338765345 183.2903
Oct
94.534811067340016 127.58033529656144 137.6309
Nov
118.27869590060624 179.87112643693155 101.2884
Dec
93.768309370385467 117.21700426510201 95.51438

Jan
106.54
135.06
140.4199
Feb
80.2
114.34
135.3600
Mar
75.17
116.23
124.17
Apr
155.72798031320846 120.07906556095229 202.1778
May
93.178075656154675 99.81547273076886
123.3001
Jun
179.63252030043799 212.3038882363079
151.1376
Jul
109.30054664422858 210.05938471921971 123.8120
Aug
159.51918177455119 199.70583066140372 147.7050
Sep
167.19335743687228 189.1264755190706
143.0592
Oct
204.66664332134982 310.50572745638431 171.8959
Nov
196.1036509286954
308.77638147385477 159.3760
Dec
162.60421951462919 306.45482060202465 163.3853
Table
D.1.3:
Export
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
404.56334418537449 391.63411260936334 168.2347
Feb
362.57400524658158 395.33015813199256 181.2923
Mar
350.19107940779543 346.9692994866565
193.3351
Apr
485.2115314590996
506.27964322324965 186.1218
May
355.72296628641385 574.89944575745574 185.9336
Jun
432.44875095513811 574.76682406423038 187.4659
Jul
514.77412515292963 573.83621131680627 180.9234
Aug
536.86614387917018 605.14830117586223 191.8044
Sep
577.9252626914415
656.26157342052977 196.6126
Oct
647.29863559322314 807.93527793322369 192.8210
Nov
662.77984706500956 849.90268922621738 194.0083
Dec
577.95813886433098 812.14190327576534 194.0083

Jan
647.29894729027581 1470.0991586711511 194.0083
Feb
662.77984706500956 1426.5659051483324 194.0083
Mar
577.95813886433098 1324.9781445570522 194.0083
Apr
704.40293768224558 1560.3577025552161 213.5807
May
852.64742606406082 1790.7132544681992 268.7747
Jun
1031.3038916784335 2548.1489191339997 311.4679
Jul
683.11767141790278 1154.2765386023557 375.4259
Aug
1190.295715015254
1715.2040620494377 376.2421
Sep
1186.3149226290766 1712.6025604353292 401.1267
Oct
954.21840379704224 1047.9982888633424 355.7664
Nov
1035.98689026391
1043.2364514682204 323.2363
Dec
965.02190663845226 1035.0703790394921 354.2688

Jan
735.30400956502717 1083.5522312178725 403.0416
Feb
500.36130239278788 1003.3679448550245 400.1276
Mar
595.43427472167934 993.19333091018245 396.8117
Apr
513.61173983942206 992.23228966786758 391.1252
May
529.867071794033
1017.4402506074689 401.7077
Jun
528.59398487670376 1008.6829077096189 388.8643
Jul
510.73493355411171 1006.3341095527574 372.2343
Aug
470.22896243184874 977.58234552998829 406.4518
Sep
551.29047400752631 970.62188480383384 394.0976
Source:
Central
Bank of
Nigeria
and
National
Bureau of
Statistics
Return to
Menu
Table
D.1.3.1:
Export
Commodity
Price Index
(Base
Period:
January
2018)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
156.1412431228359
127.38626030734984 121.6804
Feb
106.25133924182946 117.95950995707253 120.8006
Mar
126.44001208151329 116.76334609605804 119.7995
Apr
109.06505948260813 116.65036266403463 118.0827
May
112.5168667701391
119.61390035197824 121.2777
Jun
112.2465277385421
118.58435592408077 117.4002
Jul
108.45417187181206 118.30822284549063 112.3795
Aug
99.852759935177573 114.92806304278011 122.7099
Sep
117.06610981794209 114.10976648413207 118.9801
Oct
97.602535570188877 114.54554895123621 108.6777
Nov
98.992823352352104 114.08084763951715 102.3955
Dec
96.448328257256108 97.928843652110814 97.65845

Jan
99.999999999999986 99.999999999999986 100
Feb
110.77444532731715 107.03585547066159 105.8249
Mar
107.11995290351678 103.96613737420526 112.5402
Apr
109.46991432996101 120.65771897866846 100.5881
May
111.04954753975426 115.26670215553557 97.06139
Jun
111.27554432673971 111.14405310984344 105.4609
Jul
103.95163208300163 117.33866702837321 104.7447
Aug
102.9947524936905
117.31478799567802 97.70692
Sep
105.50842527972647 111.83145679849297 104.8330
Oct
106.5
109.38
102.43
Nov
105.60599999999999 105.78
102.32
Dec

106.23
102.85
Source:
Central
Bank of
Nigeria
and
National
Bureau of
Statistics
Return to
Menu
Table
D.1.4:
Import
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Animal a
fats and o
other cle
products

Jan
111.92351552708652 85.783985756326302 89.67554
Feb
157.45066956867598 96.54636974130149
134.5314
Mar
98.696510527706394 97.879688077962442 135.7002
Apr
57.705198220734587 99.576695296431382 137.3950
May
100.80605802008996 99.971154702434021 137.7456
Jun
76.842341190168341 97.990573967743771 135.8756
Jul
94.737399215041123 92.791499190027579 142.1462
Aug
75.845783725796409 89.302930000866354 138.6398
Sep
76.2575791580079
91.37674232524509
140.8021
Oct
80.194342218704733 92.914330989182886 142.1267
Nov
187.81671861400105 90.605825703952647 139.9644
Dec
138.128640919725
93.710546391568073 142.9254

Jan
132.53537515797265 88.726169220916006 138.2502
Feb
105.17052810091539 105.17052810091539 138.7119
Mar
137.03866527019076 137.03866527019076 137.7379
Apr
123.56964484228369 105.50406743972941 139.2963
May
126.0229385287963
103.11069236423621 137.1535
Jun
77.254890668213633 100.81598836372652 134.8159
Jul
145.80597832576299 103.76645718775171 138.2325
Aug
149.54008974325649 103.25713271488961 137.6481
Sep
152.60553353137317 99.895421815224836 134.5313
Oct
148.30334814630265 99.309622733376855 134.1417
Nov
142.14643471512505 98.986621164629028 133.5573
Dec
171.53057051483344 91.512895795846163 137.9702

Jan
130.52767774429043 92.521736644867403 139.1390
Feb
127.32667053646331 88.401921490894054 135.2430
Mar
111.71786367622894 86.996621257692226 134.0742
Apr
133.99316621706046 90.071217783125391 136.8014
May
124.20762178479485 96.754082054024494 140.6454
Jun
142.03284006487289 98.308841812163763 142.3986
Jul
77.900817952470462 92.827493597765695 137.1390
Aug
141.17858589980099 95.94955157493817
140.0610
Sep
138.51715975229826 94.549741053743261 138.8922
Oct
116.56699770093546 86.637222941093128 131.4897
Nov
124.73363168041635 88.700935554062028 133.4377
Dec
118.95374319451341 97.557114359993221 142.5924

Jan
178.91604035100232 102.84130716498237 190.7396
Feb
174.27544919369038 81.823656359076764 201.9011
Mar
167.49778112465637 624.58716757989339 209.0418
Apr
180.73055966823452 78.346794441383508 211.3756
May
178.59607239826624 149.84911060294661 120.8214
Jun
150.01831603433854 82.588451715561533 127.2951
Jul
159.1996389427087
76.726031910808885 115.3721
Aug
179.86767944980909 62.240674221261052 133.7455
Sep
161.24669191415765 126.63029538416593 133.2812
Oct
179.40337552053461 129.41432782862361 150.2498
Nov
193.92249592330225 82.126125673564459 148.4295
Dec
178.72950925173572 127.4339988122165
149.8744

Jan
216.59303980216498 218.81775211134129 291.5774
Feb
161.39898466283199 124.9921857154546
348.6106
Mar
160.93454437750245 201.65272812993311 194.7293
Apr
137.0388185787223
193.7934908127211
58.07029
May
132.42375784618937 298.44067297669585 108.6746
Jun
119.69345686112172 220.44857858769225 118.8563
Jul
127.72240612805888 221.49331076116877 160.7284
Aug
136.48475163563387 124.02629718057187 169.8608
Sep
127.0952859787066
266.5126666378697
210.6464
Oct
212.15321169470363 141.09302345430987 221.8913
Nov
249.61003838145487 149.69875187371971 179.0325
Dec
272.18117863076492 249.89952611010696 939.8954
Table
D.1.4:
Import
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Animal a
fats and o
other cle
products

Jan
292.9050767026597
172.86742925700005 123.4450
Feb
186.0061414867983
103.20744193550043 68.88808
Mar
104.75362262771306 248.37089817501717 1479.225
Apr
118.54013532560349 138.79491232659123 616.3037
May
150.17650856750691 228.04120835245902 203.2184
Jun
95.622082324972666 143.02297968395507 254.9915
Jul
105.41290774149014 114.75434362929866 145.7603
Aug
107.43719688514994 125.6826992316014
778.3004
Sep
109.39230905094153 91.764802756857051 869.8902
Oct
107.32802128807863 206.80116103294674 148.3297
Nov
100.20643100966362 125.00701579935077 651.4517
Dec
91.593666702838917 154.65747748419463 196.3613

Jan
96.648876613407026 141.86117946483665 145.4000
Feb
115.86934497438796 89.565633307456253 158.5240
Mar
97.665210944852333 248.59517290399103 152.6717
Apr
96.368832119497384 73.976094217208185 147.0659
May
88.944105546472372 120.16578821431666 138.3372
Jun
73.334494738842807 65.555228423261141 137.8813
Jul
72.419708912532528 74.791204805892733 230.4286
Aug
76.087400054328313 71.615463123019097 422.7299
Sep
80.698873126021994 47.465186311132513 379.6569
Oct
72.074069158030412 67.54309074659777
191.1546
Nov
69.926417422495646 61.513681235723972 177.7892
Dec
78.710330139569422 97.483964828749961 133.5485

Jan

Feb
102.82936294520022 104.99584889350064 139.9859
Mar
111.66646365507947 98.207295057710439 144.2890
Apr
113.22165342159359 110.36317584255421 141.2443
May
104.27059678901176 110.36780580804569 141.7389
Jun
107.54523054346987 97.502322694400263 141.0870
Jul
131.55268558707235 102.3955155662933
143.7622
Aug
114.22808538661825 102.14046397168993 144.7352
Sep
122.85533268861533 100.86735349263267 144.2024
Oct
112.44733241601179 103.34453871295364 144.2272
Nov
131.97537522224789 109.39626810533382 144.0034
Dec
140.90762402384044 110.08134344484979 177.2062

Jan
120.09602596968632 97.511748818864405 141.0870
Feb
135.81941414962412 102.36371387682262 143.7622
Mar
115.89260857157618 102.10917453018898 144.7352
Apr
121.03508218186452 100.82647373958582 144.2024
May
115.58978501194714 103.60354467972341 144.2272
Jun
133.01340200921317 107.29677002306799 144.0034
Jul
141.83848264833017 110.1754309629508
177.2062
Aug
114.81297105580039 105.05412741373036 137.4415
Sep
114.19820548441086 98.20130919621279
144.2890
Oct
115.74733177835637 110.26685130762473 141.2443
Nov
115.72819895111869 110.25266679385793 141.2443
Dec
104.27059678901176 110.36780580804569 141.7389
Table
D.1.4:
Import
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Animal a
fats and o
other cle
products

Jan
126.11273269731984 100.77853833963376 144.2024
Feb
116.52282998714935 103.31821554934405 144.2272
Mar
132.75493035125197 109.53521218225077 144.0034
Apr
144.34405938416469 110.18029185686696 177.2062
May
119.63301416746738 97.477778070839619 141.0870
Jun
139.00388601177696 102.33701689554579 143.7622
Jul
113.75846237587504 102.06776221031934 144.7352
Aug
115.48770928908205 100.72764016203142 144.2024
Sep
107.84732537574233 103.37142319091414 144.2272
Oct
123.4724478289788
107.36103079896691 144.0034
Nov
129.07843163753247 107.41667013480924 177.2062
Dec
124.89920022707476 107.41667013480924 144.0034

Jan
112.44733241601179 107.41667013480924 144.2272
Feb
107.54523054346987 103.34453871295364 141.0870
Mar
140.90762402384044 110.08134344484979 177.2062
Apr
147.42639922633836 121.0408241911592
173.0429
May
172.91742261197712 139.48580102998832 187.2044
Jun
176.5578257762478
141.0726535526274
201.6157
Jul
100.60688699858983 122.09296196123339 130.8587
Aug
108.80949805870461 94.513589771857283 150.8518
Sep
124.03103230738655 147.5489864085344
182.9338
Oct
119.59618726353855 183.44759679652913 153.8449
Nov
133.67290664791389 142.27924941557919 228.4614
Dec
124.03102176190897 210.06578275641652 184.7886

Jan
188.75010575538795 326.48783278383507 174.6571
Feb
179.74977007380278 221.25201720043228 179.9984
Mar
224.23525648952437 195.68745324879907 190.1138
Apr
278.47990991913457 202.54497350006412 214.2387
May
236.57473029764287 244.58407443099287 181.0099
Jun
209.74919051107838 210.33466110032447 194.3656
Jul
214.11411165124346 281.10945230574367 273.2656
Aug
271.8874356677909
256.84990780755476 391.3952
Sep
243.59051156199453 245.14053939489284 354.6555
Oct
293.64527214534814 311.10540547339127 363.7511
Nov
248.09717131625604 280.80761628970873 337.3176
Dec
223.60203916947958 302.84424057955312 257.2119

Jan
201.18507289078391 118.38313549772889 222.5562
Feb
249.66942707063697 215.02956100309333 182.5619
Mar
225.76692393954241 199.30239300326085 199.3992
Apr
238.59757468916928 163.92590036033343 174.0507
May
202.85980659815414 319.79477755238543 151.5081
Jun
219.41532732018862 233.12352636858247 155.9579
Jul
198.73318574840206 197.80687741864301 158.8339
Aug
215.74567694449738 179.65631449957783 177.2683
Sep
210.04793309267166 275.82230903518911 150.8072
Oct
169.89955909764657 242.54785265096541 156.4636
Nov
199.32176746321022 232.25416943220853 168.1905
Dec
163.65154777659725 213.48027938365416 187.4031

Jan
120.57942168241239 164.540211619649
170.4023
Feb
149.23449288545584 144.37576804184752 178.6701
Mar
135.94076410928346 152.62312233420363 198.8420
Apr
136.11030292734188 95.844934165825777 197.0832
May
155.30342824372414 150.45592523886467 172.5387
Jun
137.98534547919436 154.6589074210689
140.5690
Jul
144.17539764512034 157.44641918436338 157.4056
Aug
155.40855492336499 216.58600297571064 145.9021
Sep
136.28743075441955 182.32941921963965 134.5233
Oct
199.32176746321022 232.25416943220853 168.1905
Nov
149.23449288545584 144.37576804184752 178.6701
Dec
225.76692393954241 199.30239300326085 199.3992
Table
D.1.4:
Import
Commodity
Price Index
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Animal a
fats and o
other cle
products

Jan
169.9
242.55
156.46
Feb
163.65
213.48
187.4
Mar
215.75
179.66
177.27
Apr
126.50608804908559 166.94422161318241 139.5970
May
118.98434380574318 201.25601386324846 146.3430
Jun
137.45193960259928 269.91550760475184 154.9468
Jul
126.17198135822211 151.64674530067464 150.3440
Aug
128.76418065809037 183.07827509012523 150.5079
Sep
133.76728729338976 221.19634675270231 150.3978
Oct
155.87652636030379 193.75154807010537 148.6670
Nov
152.77644566440532 203.16350871668399 182.5070
Dec
191.06148615977978 245.27409473361433 198.0952

Jan
300.62860874391981 285.21430862148799 109.5454
Feb
301.93182480574467 256.95942203412676 113.8903
Mar
251.65244783187543 211.86831527320365 119.1565
Apr
222.61075618685794 261.662838739439
123.6513
May
279.94275593333936 272.33001645751904 118.8359
Jun
250.74216228345443 267.66840427699293 122.1726
Jul
225.05072080576639 256.00428752421755 155.3444
Aug
244.72713949795786 238.97595727581495 164.4746
Sep
243.02545029803076 255.22837726913463 171.5648
Oct
195.77866209425764 254.98017906455274 157.4320
Nov
229.30417411554112 247.23337901476552 165.1099
Dec
254.13950808119031 274.55857132947244 172.0465

Jan
196.42674270876364 315.06613600750813 150.7657
Feb
231.88548546627146 308.91170652504019 158.7548
Mar
255.60984744485972 327.00006158694578 168.7050
Apr
455.44492233285979 408.42361485487191 169.2852
May
463.19709436068797 429.29058393814847 166.4631
Jun
519.48094924780537 545.5158075578031
168.8632
Jul
432.63694086550089 335.10573386891679 174.9043
Aug
525.68358901575664 376.67289702195916 181.9690
Sep
529.64633875148286 407.23261277669275 176.8002
Oct
373.06063296088161 364.02891406132204 176.4149
Nov
422.93220537898617 307.92025832209259 181.3106
Dec
465.11352295578064 515.14993047021289 176.3103

Jan
509.83698381906584 530.99511715414758 350.0467
Feb
481.57043757849488 544.02248051175638 268.8047
Mar
520.05267806348729 560.22284138492046 395.2358
Apr
415.07636343282604 531.05768842063651 341.9450
May
419.686548536727
422.33826931670581 328.0523
Jun
425.36799504350978 518.99120654109242 347.6092
Jul
408.31593284124182 531.18512274606724 456.8786
Aug
408.12903204050451 437.3091011390369
580.9801
Sep
402.87209265950963 478.62693563216379 516.8128
Source:
Central
Bank of
Nigeria
and
National
Bureau of
Statistics
Return to
Menu
Table
D.1.4.1:
Import
Commodity
Price Index
(Base
Period:
January
2018)
Year
Month Live animals, animal
products
Vegetable products
Animal a
fats and o
other cle
products

Jan
123.92163624828227 105.90290748838261
Feb
116.77626580940078 108.50111529088088
Mar
125.18920947765582 111.73215313549264
Apr
102.41612036022667 105.91538684804588
May
103.55363941474266 84.232131745321738
Jun
104.95548196835514 103.50881949381419
Jul
100.74804880966077 105.94080264781681
Aug
100.70193282573572 87.217949441728564
Sep
99.404833342841371 95.458474942974675
Oct
100.50434531974111 96.367049571676205
Nov
98.394168727318885 97.989147896112101
Dec
99.163244026541562 95.904530032449657

Jan
100.00000000000001 100.00000000000006 99.99999
Feb
104.83274560853756 105.08334059078281 105.6546
Mar
101.8548460025566
109.96689635604554 104.0983
Apr
100.2444410944296
114.05667742950271 98.25886
May
107.52377467817108 113.50720444409212 100.5870
Jun
103.98022315217821 101.21546473120893 101.0427
Jul
101.22328547373687 105.66163264540342 101.5460
Aug
101.69143281315164 103.44968685792537 101.6688
Sep
103.86878158430068 101.75754978600128 105.3057
Oct
101.95
104.72
102.39
Nov

103.35
103.72
Dec

102.45
101.33
Source:
Central
Bank of
Nigeria
and
National
Bureau of
Statistics
Return to
Menu
Table
D.1.5:
Commodity
Terms of
Trade
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
59.455850290656024 478.95674392756831 124.0152
Feb
65.79169151519136
108.39861737913405 121.0109
Mar
102.95734018305795 167.22993099274311 91.39854
Apr
178.17066994365763 166.31863644110356 88.44076
May
97.756682364794869 200.33476824226963 110.0122
Jun
128.73567866842853 205.16967172908224 123.7151
Jul
87.518929473110362 128.39522893668067 96.27186
Aug
135.21438461873254 114.83879613255186 100.8168
Sep
130.87557014324423 175.93546959315913 92.46353
Oct
81.993950293509727 216.20703483580007 110.5321
Nov
51.068304194820243 215.14314490949843 115.1440
Dec
79.875013012003777 152.28915932248481 158.6782

Jan
75.556919726164779 126.52752205959179 128.2594
Feb
72.902850960735151 109.30261363351197 129.3804
Mar
75.250566597229877 76.024557563583215 109.3495
Apr
80.969977645135344 152.76156162921691 80.20671
May
72.877095719869601 143.29076187098681 79.37448
Jun
84.5170260536824
399.87785443446035 112.6362
Jul
75.2228105883474
126.82105868697342 93.19544
Aug
64.236316934970731 189.06718491980047 115.1894
Sep
66.917585234471204 103.27830088254252 110.2570
Oct
74.477117913300461 143.86172541463424 107.3299
Nov
58.740440169027316 121.20680233149224 96.31494
Dec
58.514939368649365 122.95796617877015 117.5170

Jan
78.941343608827097 173.55637369101683 88.53581
Feb
78.746897345461846 182.7000238532415
82.35770
Mar
68.940851862184147 132.73422436246014 126.4822
Apr
75.009425324153739 179.74628690272218 78.70855
May
80.837869358150783 167.16343329592473 70.82440
Jun
64.890438765204124 150.81972278344639 73.00184
Jul
84.399529422429808 216.47247172666329 109.5944
Aug
78.300160293905591 138.23308657596712 106.3278
Sep
73.701524940331922 206.31364534589491 112.1933
Oct
87.579899160995751 119.04732899826919 108.5237
Nov
80.524733065972896 126.94492352520841 120.2625
Dec
70.067021935624112 122.76270482867169 86.69283

Jan
61.764958660257939 138.99098215541741 86.59782
Feb
59.2317447471126
196.60251620419857 54.67108
Mar
39.60980373625663
65.585112485792834 71.59102
Apr
57.276866216875277 133.48539070872704 77.63840
May
58.954777444914598 109.49995895006639 64.49207
Jun
68.706147088539254 201.03331359659785 46.55531
Jul
62.111568917147089 261.92068015363918 83.99449
Aug
54.011899914359809 157.69300325265999 77.88170
Sep
67.152999949497584 110.60668881937556 103.9293
Oct
53.591388034368173 115.77651497314829 68.07536
Nov
47.777957689957518 181.72802758295884 47.11240
Dec
54.476832692339727 159.05056622549628 93.39577

Jan
16.271868947562986 60.886495581075415 84.00532
Feb
68.597819953868068 114.5692946507457
137.8622
Mar
68.944657851676666 71.727153343232104 137.4792
Apr
48.382535604386199 51.295477799038736 114.5296
May
77.092857582290122 34.559397953676665 106.1658
Jun
50.066640720389699 83.049791241422909 97.11635
Jul
61.451850938550002 50.918437439856476 90.44218
Aug
47.381065684825394 321.93022760650081 107.9535
Sep
83.839677301929243 48.429372266391283 100.3972
Oct
45.323346378698012 138.50378516626594 109.6808
Nov
40.518487479489821 68.25606066679596
103.4199
Dec
39.055621227700563 51.038709409467586 103.0015
Table
D.1.5:
Commodity
Terms of
Trade
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
33.59926451761072
58.127192018083598 99.47641
Feb
42.561288150147085 113.22120056088691 92.86542
Mar
84.064907201929458 40.819481193203053 110.3526
Apr
81.702460316667242 111.00035681357339 88.09801
May
63.387842807598894 84.838423946346865 108.6125
Jun
103.30238673131265 70.044371450887837 100.0621
Jul
92.240195657696191 175.92894842317682 96.28090
Aug
90.37835292308138
159.99634364051283 115.0031
Sep
83.979608790354135 164.93568534979212 76.67168
Oct
84.838331584816757 70.832652482898823 75.12320
Nov
100.19995126018964 129.38269454817552 79.89914
Dec
98.318979922630646 94.507605116716448 73.89623

Jan
95.777917782544534 113.66365532563154 73.44177
Feb
57.807940859343489 115.53434636560344 104.2785
Mar
98.982120390508513 81.388812441987852 91.21552
Apr
103.22574768908007 176.18603953663541 89.07934
May
111.84265318471228 88.928881942008701 67.58844
Jun
149.25306282130256 206.38099355835223 112.1582
Jul
120.96545047111998 131.31014182097218 90.13700
Aug
134.21734797163515 148.8072392913441
108.2879
Sep
111.78421187115306 305.74121390246091 47.76900
Oct
136.78416942270374 152.32619637546392 101.1124
Nov
140.0431399467499
160.83313491267435 105.6084
Dec
138.94594350595608 145.11329405076341 147.2979

Jan

Feb
89.9897402501188
141.78139667958274 81.58906
Mar
99.162540524352295 135.28515211647664 112.9589
Apr
90.321156096739813 93.613593873839733 108.5166
May
80.077839451005389 108.70897989789981 93.84924
Jun
96.128355384041726 165.23609525014123 88.18924
Jul
76.554059954930409 158.42892813381278 80.35313
Aug
57.650698431711945 196.9729682062472
100.8843
Sep
78.267014617283976 193.74036103965531 107.1080
Oct
98.461901911403515 138.57746905771194 148.3137
Nov
76.220516329947756 103.08440360367439 127.6420
Dec
54.714103497214325 105.0040603712137
140.0600

Jan
86.428382687084351 107.5405379536442
104.8877
Feb
74.149135767662386 158.47814779754779 81.74341
Mar
79.846228120826794 145.78962341212252 74.92634
Apr
54.408430880897875 403.26401354271911 110.4177
May
95.796788844822515 128.23874792992777 118.8115
Jun
72.289859323236655 182.13108818257803 124.9671
Jul
72.098279968050122 93.773116489340069 116.6526
Aug
96.43316528376684
136.32234133340765 146.7601
Sep
73.116421345787472 122.17730782987219 98.00890
Oct
86.906808889043489 102.27052754635262 120.9378
Nov
89.331262693442596 146.1271055689281
92.75655
Dec
96.584200050595044 146.98499855194541 82.12203

Jan
61.132878175676986 114.6969208252691
134.1100
Feb
86.428489427998855 157.01405304594405 89.34914
Mar
75.860777095197889 148.10225363771823 90.21598
Apr
64.107852453392525 135.10998973407737 84.37061
May
55.046083632377155 206.47577592970592 105.2648
Jun
79.660580327011658 129.82583676824305 108.7186
Jul
84.525756752759378 191.46180007855048 109.5155
Aug
88.548908755518113 102.56860485694585 109.6686
Sep
93.272885602232179 109.09252002150245 128.7868
Oct
67.624512641850501 111.75350584541519 103.0806
Nov
85.775586781494241 133.32404176935043 150.9556
Dec
82.771916255235894 149.9851285617265
101.0581
Table
D.1.5:
Commodity
Terms of
Trade
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
59.149310607738713 382.30830749791545 116.5343
Feb
96.514789537882706 101.47092488271845 104.7005
Mar
74.835617571609063 149.28161873016822 99.87322
Apr
70.019104708027612 137.37490786611329 70.15602
May
57.275811617641338 144.30386217542724 99.01242
Jun
59.730932395166455 116.49858452135726 68.73132
Jul
112.84620679633723 245.54405065824142 119.6005
Aug
97.92909814341003
282.99415878167315 44.48184
Sep
88.158695117627801 259.03584872224474 109.5557
Oct
101.55047102273826 205.62787899442731 83.45543
Nov
105.89958326450424 243.17845976229049 65.82961
Dec
108.637201779441
181.81706170399474 111.0671

Jan
94.076973165596542 53.489894106587855 54.52939
Feb
98.064974146421676 87.154294881244653 77.61971
Mar
93.349036977126204 98.819897274437082 86.17675
Apr
26.782873032564382 74.221505450089751 56.40992
May
91.479274000549765 76.900730151774326 59.87150
Jun
214.59132083958127 119.16636297351641 221.1222
Jul
56.293152112985126 81.356705060068137 44.51859
Aug
48.375671788496696 77.020636678342314 57.00579
Sep
45.35734738627783
43.134875839494654 74.73180
Oct
39.818236126093126 48.752922739781773 33.86807
Nov
53.232920415012039 40.181654477346129 45.42663
Dec
48.083081932888405 86.474105024458979 57.24643

Jan
62.80402115491448
106.73168539388959 80.08749
Feb
43.298192240379187 59.367520158746821 93.47205
Mar
41.533236017998568 58.813646187973355 70.81742
Apr
45.307837718735975 79.476217651221333 107.5091
May
54.385930396879779 36.058984226862066 99.96039
Jun
48.484164327722453 53.370464607424381 102.6726
Jul
47.691659527427369 77.847523175689886 104.3707
Aug
34.840101156908901 64.693107742499663 78.02509
Sep
46.126164830076576 80.772040697957763 75.87859
Oct
62.70523392075259
55.682440844664583 91.62629
Nov
47.428242419528395 54.931343367680732 96.14107
Dec
49.007023451628633 53.559949047873836 92.03396

Jan
100.08522012080219 146.78211272327829 89.34251
Feb
79.256942288396047 124.58539883562429 87.70171
Mar
83.602556056691924 139.49354377955544 92.49456
Apr
85.462160912444403 235.53299431174136 115.0013
May
81.039880111223567 146.02322336739729 77.90610
Jun
78.004974528429486 113.11935112117962 87.13210
Jul
74.32783126011185
140.3519073478484
85.05319
Aug
62.318091904357189 117.49569660185981 107.4304
Sep
96.13040250321842
160.50994109464582 122.1663
Oct
47.428242419528395 54.931343367680732 96.14107
Nov
79.256942288396047 124.58539883562429 87.70171
Dec
41.533236017998568 58.813646187973355 70.81742

Jan
62.71
55.68
91.63
Feb
49.01
53.56
92.03
Mar
34.840000000000003 64.69
78.03
Apr
103.70110687004575 67.139482906967601 127.9225
May
52.972768642957583 41.002489781947617 76.78079
Jun
110.29934995220898 106.02405805390079 107.7594
Jul
65.48181391633581
133.57049177262999 86.73175
Aug
69.267659810214326 147.90473110403423 86.46581
Sep
110.49541950090054 162.8096359302362
98.49034
Oct
131.30049026642357 160.25974014103548 146.2665
Nov
128.35987254178193 151.98417443383016 132.9935
Dec
85.105702244275179 124.94381884677104 129.1314
Table
D.1.5:
Commodity
Terms of
Trade
(Base
Period:
January
2007)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
134.57246995743773 137.31222479763684 132.9641
Feb
120.08472623906161 153.84925565387081 138.7491
Mar
139.15663544101582 163.76648817886738 141.3873
Apr
217.96410010476598 193.48549670341129 116.5660
May
127.06989509352387 211.10395880548657 115.3998
Jun
172.467504873102
214.73091888329145 111.4456
Jul
228.73693686020835 224.15101593270089 105.0764
Aug
219.37335801027905 253.22559979430409 111.9661
Sep
237.80442006494019 257.12719739173497 115.3828
Oct
330.62777560589376 316.86199331151954 100.9156
Nov
289.03959102421311 343.76534940917452 102.8762
Dec
227.41766647304985 295.79914381954904 104.3177

Jan
329.53707746913443 466.60018029869076 104.5005
Feb
285.82204950529911 461.803769496413
105.6209
Mar
226.10949642267144 405.19201682313894 110.5839
Apr
154.66259544056044 382.04394795087183 85.21510
May
184.07875102085828 417.13313113948993 100.8186
Jun
198.52583490727315 467.10817245456201 101.1480
Jul
157.89628829459386 344.45144381023147 123.6321
Aug
226.42816703558469 455.35637833519127 113.2403
Sep
223.98246449235089 420.54651486727562 121.7956
Oct
255.78104991236094 287.8887495971826
108.3416
Nov
244.95341737704047 338.80084965925425 106.4979
Dec
207.48093938567317 200.92604459729074 112.0658

Jan
144.22335626910433 204.06067705954402 105.3842
Feb
103.90199716344301 184.43501524259926 121.9644
Mar
114.49499249554668 177.28540458202679 112.7970
Apr
123.73909600432897 186.8407729146644
107.5534
May
126.25305091179591 240.90647817768652 116.4079
Jun
124.26745571740423 194.35452759058529 107.5356
Jul
125.08327314101936 189.45073317383455 106.4958
Aug
115.21575911443153 223.54493491759695 110.1547
Sep
136.8400750640858
202.79299231704334 109.4937
Source:
Central
Bank of
Nigeria
and
National
Bureau of
Statistics
Return to
Menu
Table
D.1.5.1:
Commodity
Terms of
Trade
(Base
Period:
January
2018)
Year
Month Live animals, animal
products
Vegetable products
Prepared
beverage
vinegar,

Jan
125.9999850308628
120.28589519256015 100.2934
Feb
90.987101278996334 108.71732483194722 116.0725
Mar
100.99912972457959 104.50290522412497 107.3481
Apr
106.4920825930481
110.13542615048931 102.3577
May
108.65563721956484 142.00507321081972 110.7845
Jun
106.94679842677037 114.56449460441146 102.3408
Jul
107.64890551549058 111.67389701471993 101.3512
Aug
99.156746184775173 131.77111337565327 104.8333
Sep
117.76701985323794 119.53864395204236 104.2043
Oct
97.112751950852953 118.86381233041605 100.2317
Nov
100.60842490238653 116.42192027270757 96.17805
Dec
97.26217531915475
102.1107591257433
95.55872

Jan
99.999999999999972 99.999999999999929 100
Feb
105.66778985353189 101.85806319907766 100.1611
Mar
105.16922572425078 94.543122357103442 108.1094
Apr
109.20297737691118 105.78750994499711 102.3705
May
103.27906351142913 97.834800957019084 96.49490
Jun
107.01606608776417 109.80935907867557 104.3725
Jul
102.69537448473025 111.05134767523184 103.1499
Aug
101.28164157440243 113.40274829134529 96.10312
Sep
101.57857218542132 109.89991114534241 99.55115
Oct
104.46297204512017 104.44996180290298 100.0390
Nov
100.57714285714286 102.3512336719884
98.65021
Dec
101.9047619047619
103.68960468521229 101.5000
Source:
Central
Bank of
Nigeria
and
National
Bureau of
Statistics
Return to
Menu
Table D.2.1.1:
Balance of
Payments -
Analytical
Statement (₦'
Million)
1 9 8 1
Category
Oil
Non-Oil
Total*
(A) CURRENT
ACCOUNT
10067.200000000001 -14065.600000000002 -3998.4
Merchandise
10498.7
-11202.2
-703.5
Exports
(F.O.B.)
10680.5
342.8
11023.3
Imports
(F.O.B.)
-181.8
-11545
-11726.8
Services and
Income
-424.7
-2523.6999999999998 -2948.4
Investment
Income(Credit)
-
431.2
431.2
Interest on
Reserves
-
-
-
Others
-
-
-
Investment
Income(Debit)
-220.9
-611.5
-832.4
Interest on
Loans
-
-
-
Others
-
-
-
Non-factor
services (Net)
-203.8
-2343.4
-2547.19999
Other Services -
-
-
Unrequited
Transfers (Net)
-6.8
-339.7
-346.5
(B) CAPITAL

780.5
929.5
Direct
Investment
141.9
192.8
334.7
Portfolio
Investment
-
-
-
Other Capital
Long-term
-
498.4
498.4
Official(of
which)
-
-480
-480
Amortisation

-
-
Disbursement
-
-
-
Other Official
-
-18.399999999999999 -18.3999999
Private (Net)
-
-
-
Other Capital
Shortterm(Net)
7.1
89.3
96.4
Total (A & B)
10216.200000000001 -13285.100000000002 -3068.9
(C) NET
ERRORS AND
OMISSIONS

48.1
TOTAL ( A and
B and C )
10216.200000000001 -13285.100000000002 -3020.8
(D)
EXCEPTIONAL
FINANCING

3020.8
(i) Promissory
Notes(arrears)
-
-
-
(ii) Deferred/
Resch. Debt
Service
-
-
-
(iii) Change in
Reserves**
-
-
3020.8
(iv) Others
-
-
-
Source:
Central Bank
of Nigeria
Notes: Time
Reference
Period refers
to the Balance
of Payments
year: January -
December
*Total indicate
the net
positions as in
1970-1993
**Minus (-)
sign indicates
increase in
reserves while
plus (+) sign
indicates
decrease in
reserves
External
reserves
reported were
converted into
raira using the
central
exchange rate
as against
the table on
Nigeria's
external
reserves
position which
used the endperiod
exchange rate
The data in
this edition of
the Statistical
Bulletin
features the
latest revisions
to the BOP
tables for the
various years
Return to
Menu
Table
D.2.1.2:
Balance of
Payments -
Analytical
Statement (₦'
Billion)
Category

(A)
CURRENT
ACCOUNT
-52.304299999999969
-186.08479999999997 376.024000
Goods
61.335900000000024
247.17770000000007 678.557200
Export
(F.O.B)
206.0592
825.66960000000006 1128.24660
Oil
200.71020000000001
805.56680000000006 1108.18710
Non-oil
5.3490000000000002
20.102799999999998 20.0595
Imports
-144.72329999999999
-578.49189999999999 -449.68940
Oil
-42.349599999999995
-135.37090000000001 -139.4872
Non-oil
-102.3737
-443.12099999999998 -310.2022
Services (net) -58.225199999999994
-282.27590000000004 -285.959
Services
(credit)
-36.030500000000004
-119.8158
-188.13420
Services
(debit)
-22.194700000000001
-162.46010000000001 -97.824799
Income (net)
-66.367399999999989
-202.5351
-211.09220
Investment
income
(credit)
1.0680000000000001
7.0888
8.02519999
Interest on
reserves and
investments
1.0680000000000001
7.0888
8.02519999
Others

Investment
income
(debit)
-67.435399999999987
-209.62389999999999 -219.11740
Interest due
on loans
-36.352800000000002
-106.2709
-107.4983
Others
-31.082599999999999
-103.35299999999999 -111.6191
Current
Transfers
(net)
10.952399999999999
51.548499999999997 194.518
General
Government

-4.8751999
Other sectors 0

199.393200
(B) CAPITAL
AND
FINANCIAL
ACCOUNT
11.252800000000002
-3.2540000000000071 -423.46269
Capital
Account (net)
30.698799999999999
34.627400000000002 0
Capital
Transfers
(net)
30.698799999999999
34.627400000000002 0
Acquisation/
Disposal of
non-financial
assets

Financial
Account (net)
-19.445999999999998
-37.881400000000006 -423.46269
Direct
Investment
22.229200000000002
75.940600000000003 111.290899
Portfolio
Investment
-0.20349999999999999 -5.7850000000000001 -12.055200
Other
Investment
-41.471699999999998
-108.03700000000002 -522.69839
Official (of
which)
-41.471699999999998
-108.03700000000002 -212.2587
Amortisation
(due)
-51.355699999999999
-188.20670000000001 -260.66820
Disbursement 9.8840000000000003
80.169699999999992 48.4095000
Private (Net)

-310.43970
(C) NET
ERROR AND
OMISSIONS
-1.5717999999999999
-5.8775000000000004 -5.7133000
OVERALL
BALANCE
=Total (A &
B & C)
-42.623299999999965
-195.21629999999996 -53.151999

(D)
FINANCING
42.623299999999993
195.21630000000002 53.1520000
a.
Exceptional
Financing
49.818199999999997
179.8912
237.102499
Promissory
notes
(arrears)

Deferred debt
service
49.818199999999997
179.8912
237.102499
Others

b. Change in
Reserves*
-7.1948999999999996
15.325100000000001 -183.95050
Memorandum
Items

Current
Account
Balance as %
of G.D.P
-5.7
-8.5
13.3
Capital
Account
Balance as %
of G.D.P
1.2
-10.199999999999999 -15
Overall
Balance as %
of G.D.P
-4.7
-1.9
-1.9
External
Reserves -
Stock (US$'
billion)
1.6588000000000001
1.4410000000000001 4.0747
Number of
Months of
Import
Equivalent

2.1
7.6
External Debt
Stock ( US$'
billion)
29.42886
32.584800000000001 28.06
Debt Service
Due as % of
Exports of
Goods and
Non Factor
Services

33.9
31.3
Average
Exchange
Rate (N/$)
21.886099999999999
70.363200000000006 69.8448000
Source:
Central Bank
of Nigeria
Notes:
*Minus (-)
sign indicates
increase in
reserves
while plus
(+) sign
indicates
decrease in
reserves
External
reserves
reported
were
converted
into raira
using the
central
exchange rate
as against
the table on
Nigeria's
external
reserves
position
which used
the endperiod
exchange rate
Data in this
edition of the
Statistical
Bulletin
features the
last revisions
to the BOP
tables for the
various years
Return to Menu
Table D.2.1.3A:
Balance of
Payments (₦'
Billion)
Category

CURRENT
ACCOUNT
4891.7444499999992
4698.0470769410595

Goods
3832.9957899999999
4495.9280454720001

Credit
7246.5347999999994
7324.680627576

Debit
-3413.53901
-2828.7525821039999
-
Exports fob
7246.5347999999994
7324.680627576

Crude oil & gas
7140.5789199999999
7191.0856408320005

Crude oil
6743.6405599999998
6538.465485396001

Gas
396.93835999999999
652.620155436

Non-oil
105.95588000000001
133.59498674399998

Electricity

Other Non-oil

Imports fob
-3413.53901
-2828.7525821039999
-
Crude oil & gas
-724.81681999999989
-646.72153358399999
-
Non-oil
-1821.4161899999999
-1835.8000522560001
-
Trading Partner
Adjustment
-867.30600000000004
-346.230996264
-
Services(net)
-634.17220999999984
-1495.5836488809409
-
Credit
235.32062000000002
295.722930942

Debit
-869.4928299999998
-1791.3065798229406
-
Transportation(net) -192.16610999999997
-189.30674332800007
-
Credit
175.58084000000002
235.02042512999998

Debit
-367.74695000000003
-424.32716845800007
-
Of which:
Passenger
-23.122909999999997
-29.864163941999994
-
Credit
11.115969999999999
3.2362088759999996

Debit
-34.238879999999995
-33.100372817999997
-
Of which: Freight
-319.58386999999999
-340.06077768600005
-
Credit
9.4851700000000001
47.900481732000003

Debit
-329.06903999999997
-387.961259418
-
Of which: Other
150.54067000000001
180.61819829999999

Credit
154.97970000000001
183.883734522

Debit
-4.4390299999999998
-3.2655362219999997
-
Travel
-24.302959999999999
-398.15442480599995
-
Credit
7.1526499999999995
23.696495568

Debit
-31.45561
-421.850920374
-
Business travel
-11.62453
-31.039807986
-
Credit

Debit
-11.62453
-31.039807986
-
Personal travel
-0.27464999999999995
-367.11461681999998
-
Credit

23.696495568

Debit
-0.27464999999999995
-390.81111238800003
-
Education related
expenditure
-11.084430000000001
-136.82992051799999
-
Credit

Debit
-11.084430000000001
-136.82992051799999
-
Health related
expenditure

-127.92843345599999
-
Credit

Debit

-127.92843345599999
-
Other Personal
Travels
-1.3193500000000005
-102.35626284599999
-
Credit
7.1526499999999995
23.696495568

Debit
-8.4719999999999995
-126.05275841400001
-
Insurance services
-0.46650999999999998
-35.251469891999996
-
Credit
7.4900000000000008E-2 8.6706935999999998E-2 0
Debit
-0.54140999999999995
-35.338176827999995
-
Communication
services
-18.22118
-20.800514508047993
-
Credit
2.6539600000000001
3.0296423520000002

Debit
-20.875139999999998
-23.830156860047992
-
Construction
services
-5.9739700000000004
-6.8196239462735999
-
Credit

Debit
-5.9739700000000004
-6.8196239462735999
-
Financial services
-1.9271299999999998
-2.4035672699999999

Credit
1.4369700000000001
1.5492489300000001

Debit
-3.3641000000000001
-3.9528161999999996
-
Computer &
information
services
-19.778790000000001
-22.578611604436801
-
Credit

Debit
-19.778790000000001
-22.578611604436801
-
Royalties and
license fees
-8.8609799999999996
-10.842192306000001
-
Credit

Debit
-8.8609799999999996
-10.842192306000001
-
Other business
services
-378.18155000000002
-607.80414544200005
-
Credit
1.18598
1.2113469000000001

Debit
-379.36752999999999
-609.01549234200002
-
Operational leasing
services
-3.7780399999999998
-124.633569888
-
Credit

Debit
-3.7780399999999998
-124.633569888
-
Misc. business,
professional, and
technical services
-374.40350999999998
-483.17057555399998
-
Credit
1.18598
1.2113469000000001

Debit
-375.58949000000001
-484.38192245400001
-
Personal, cultural
& recreational
services
-3.857E-2
-4.4030802182399992E-2 -
Credit

Debit
-3.857E-2
-4.4030802182399992E-2 -
Government
Services n.i.e
15.74554
-201.578324976
-
Credit
47.235320000000002
31.129065125999997

Debit
-31.48978
-232.70739010200001
-
Income(net)
-296.21128000000004
-591.99925615200004
-
Credit
116.90101999999999
241.24037268600003

Debit
-413.1123
-833.23962883800004
-
Compensation of
employees
13.31709
16.152992135999998

Credit
20.364609999999999
24.701275944000002

Debit
-7.0475200000000005
-8.5482838080000008
-
Investment income -309.52837
-608.15224828800001
-
Credit
96.536409999999989
216.539096742

Debit
-406.06477999999998
-824.69134503000009
-
Direct investment
-341.71724999999998
-740.20818691800002
-
Credit
5.9130000000000002E-2 1.8820505520000002

Debit
-341.77638000000002
-742.09023747000003
-
Income on equity
-335.86293000000001
-733.56363039600001
-
Credit

1.7685664740000002

Debit
-335.86293000000001
-735.33219686999996
-
Dividends and
distributed branch
profits
-104.34873999999999
-498.41824526999994
-
Credit
0.65704999999999991
1.0200815999999999

Debit
-105.00578999999999
-499.43832686999997
-
Reinvested
earnings and
undistributed
branch profit
-230.74281999999999
-235.14538512600001
-
Credit
0.11433
0.74848487399999997

Debit
-230.85714999999999
-235.89386999999999
-
Income on Direct
Investment Loans
(interest)
-5.8543199999999995
-6.6445565220000002
-
Credit
5.9130000000000002E-2 0.113484078

Debit
-5.9134500000000001
-6.7580406000000002
-
Portfolio
investment
-33.903779999999998
-54.956896199999996
-
Credit
6.1762700000000006
6.8855507999999999

Debit
-40.08005
-61.842447
-
Other investment
66.092660000000009
187.01283483

Income on debt
(interest)
66.092660000000009
187.01283483

Credit
90.301009999999991
207.77149538999998

Debit
-24.208349999999999
-20.758660559999999
-
Current
transfers(net)
1989.1321499999999
2289.7019365019996

Credit
2006.3797099999999
2312.4841839359992

Debit
-17.24756
-22.782247434000002
-
General
government
7.7965600000000004
125.49298863599999

Credit
15.769200000000001
131.623679052

Debit
-7.9726400000000002
-6.1306904159999993
-
Other sectors
81.715999999999994
2164.2089478659996

Credit
89.107810000000001
2180.860504884

Debit
-7.3918100000000004
-16.651557017999998
-
Workers'
remittances
1899.6195899999998
2149.1295916140002

Credit
1901.5027
2153.6472779999999

Debit
-1.8831099999999998
-4.5176863860000003
-
Other Transfers

15.079356251999998

Credit

27.213226883999997

Debit

-12.133870632000001
-
CAPITAL AND
FINANCIAL
ACCOUNT
-2496.88015
-2491.5465777278637
-
Capital
account(net)
962.97248000000002
1357.9836299999999

Credit
962.97248000000002
1357.9836299999999

Debit

Capital transfers
962.97248000000002
1357.9836299999999

Credit
962.97248000000002
1357.9836299999999

General
Government
962.97248000000002
1357.9836299999999

Debt Forgiveness
962.97248000000002
1357.9836299999999

Other Sector

Debit

Acquisition/
disposal of
nonproduced,
nonfin assets

Credit

Debit

Financial
account(net)
-3459.8526299999999
-3849.5302077278634
-
Assets
-1843.86707
-2820.7603957802403
-
Direct investment
(Abroad)
-1.9212100000000001
-41.119489295999998
-
Equity capital
-1.9212100000000001
-40.371004421999999
-
Claims on direct
investment
enterprises
-1.9212100000000001
-40.371004421999999
-
Liabilities to direct
investors

Reinvested
earnings

-0.74848487399999997
-
Other capital

Claims on direct
investment
enterprises

Liabilities to direct
investors

Portfolio
investment
-180.09031999999999
-194.58581862023999
-
Equity securities
-162.80332999999999
-175.52431882223999
-
Debt securities
-17.286990000000003
-19.061499798
-
Long-term

Short-term
-17.286990000000003
-19.061499798
-
Other investment
-173.76344
-797.49724467599992
-
Trade credits
-180.61646999999999
-598.89118246200007
-
Loans -DMBs
-14.583879999999999
-16.080311322
-
Currency and
deposits
21.436910000000001
-182.52575089200002
-
Monetary
authorities

General
government

15.275721959999998
-
Banks
8.8215499999999984
-180.97012645199999
-
Other sectors
12.615360000000001
-16.831346399999997
-
Other Assets

Reserve assets*
-1488.0921000000001
-1787.5578431880001
-
Monetary Gold

SDRs

Reserve Positions
in the Fund

Foreign exchange
-1488.0921000000001
-1787.5578431880001
-
Other Claims

Liabilities
-1615.9855600000001
-1028.7698119476229

Direct Invesment in
reporting economy
654.19315000000006
624.52073266199989

Equity capital
423.33600000000001
388.62686266200001

Claims on direct
investors

Liabilities to direct
investors
423.33600000000001
388.62686266200001

Reinvested
earnings
230.85714999999999
235.89386999999999

Other capital

Claims on direct
investors

Liabilities to direct
investors

Portfolio
Investment
116.03502999999999
360.29154601800002

Equity securities
98.557500000000005
227.605707

Debt securities
17.477529999999998
132.68583901800002

Long-term
17.477529999999998
129.00206933999999

Short-term

3.683769678

Other investment
liabilities
-2386.2137400000001
-2013.5820906276228

Trade credits

Short-term

Long-term

Loans
-2391.00495
-2026.9997926943624

General
government
-1999.9287899999999
-2094.9925859999998
-
Long-term
-1999.9287899999999
-2094.9925859999998
-
Drawings
34.692239999999998
63.882610199999995

Repayments
-2034.62103
-2158.8751962000001
-
short-term

Monetary
authorities

Banks
11.43267
12.653366505637578

Other sectors
-402.50882999999999
55.339426799999998

Long-term
-402.50882999999999
55.339426799999998

Short-term

Currency &
Deposits
4.7912100000000004
13.417702066739665

Monetary
Authority

Banks
4.7912100000000004
13.417702066739665

Other Liabilities -
monetary authority
SDR allocation

NET ERRORS AND
OMISSIONS
-2394.8642999999993
-2206.5004992131962
-
Memorandum
Items:

Current Account
Balance as % of
GDP
32.842622896018376
25.306455505049996

Capital and
Financial Account
Balance as % of
GDP
-16.763772921365604
-13.420940994291531
-
Overall Balance as
% of GDP
9.9908831877538695
9.6288420018971621

External Reserves -
Stock (US$' Billion)
28.279060000000001
42.298000000000002

Number of Months
of Imports
Equivalent
13.063807131514364
22.879737763088855

External Debt
Stock (US$' Billion)
20.476199999999999
3.5444900000000001

Debt Service Due
as % of Exports of
Goods and Non
Factor Services
Effective Central
Exchange Rate (N/
$)
131.41
127.5102

Average Exchange
Rate (N/$)
132.15
128.65

End-Period
Exchange Rate (N/
$)
130.29
128.27000000000001

Source: Central
Bank of Nigeria
Notes: 1Revised
2Provisional
*Negative sign
indicates accretion
to reserves while
positive sign
indicates depletion
of reserves.
Return to Menu
Table D.2.1.3B:
Balance of
Payments (US$'
Million)
Category

CURRENT
ACCOUNT
37225.054790350805
36844.480496000004

Goods
29168.219998478045
35259.360000000001

Credit
55144.469979453621
57443.880000000005

Debit
-25976.249980975572
-22184.52
-285
Exports fob
55144.469979453621
57443.880000000005

Crude oil & gas
54338.170002282932
56396.160000000003

Crude oil
51317.560003043909
51277.98

Gas
3020.6099992390227
5118.18

Non-oil
806.29997717068727
1047.72

Electricity

Other Non-oil

Imports fob
-25976.249980975572
-22184.52
-285
Crude oil & gas
-5515.6899779316636
-5071.92
-560
Non-oil
-13860.560003043909
-14397.28
-184
Trading Partner
Adjustment
-6600
-2715.32
-449
Services(net)
-4825.9052583517223
-11729.129504
-170
Credit
1790.7360170458871
2319.21

Debit
-6616.6412753976092
-14048.339504
-185
Transportation(net) -1462.3400806635721
-1484.6400000000006
-418
Credit
1336.1299748877561
1843.1499999999999
836.
Debit
-2798.4700555513282
-3327.7900000000004
-502
Of which:
Passenger
-175.96004870253404
-234.20999999999998
-958
Credit
84.589985541435198
25.38
125.
Debit
-260.55003424396926
-259.58999999999997
-108
Of which: Freight
-2431.9600487025341
-2666.9300000000003
-347
Credit
72.179971082870409
375.66
378.
Debit
-2504.1400197854045
-3042.59
-385
Of which: Other
1145.5800167414961
1416.5
249.
Credit
1179.3600182634505
1442.11
333.
Debit
-33.78000152195419
-25.61
-83.7
Travel
-184.9399589072369
-3122.5299999999997
-542
Credit
54.430028156152495
185.84
215.
Debit
-239.3699870633894
-3308.37
-563
Business travel
-88.460010653679333
-243.43
-558
Credit

Debit
-88.460010653679333
-243.43
-558
Personal travel
-2.090023590289932
-2879.1
-486
Credit

185.84
215.
Debit
-2.090023590289932
-3064.94
-507
Education related
expenditure
-84.349973365801688
-1073.0899999999999
-254
Credit

Debit
-84.349973365801688
-1073.0899999999999
-254
Health related
expenditure

-1003.28
-107
Credit

Debit

-1003.28
-107
Other Personal
Travels
-10.039951297465949
-802.73
-124
Credit
54.430028156152495
185.84
215.
Debit
-64.46997945361845
-988.57
-145
Insurance services
-3.5500342439692565
-276.45999999999998
-206
Credit
0.56997184384750021 0.68
4.58
Debit
-4.1200060878167566
-277.14
-211
Communication
services
-138.65900616391448
-163.12823999999995
-185
Credit
20.196027699566244
23.76

Debit
-158.85503386348071
-186.88823999999994
-212
Construction
services
-45.460543337645539
-53.482968
-60.7
Credit

Debit
-45.460543337645539
-53.482968
-60.7
Financial services
-14.665017882961722
-18.850000000000001
4.66
Credit
10.935012556122061
12.15
13.5
Debit
-25.600030439083785
-31
-8.84
Computer &
information
services
-150.51206148694925
-177.07298400000002
-201
Credit

Debit
-150.51206148694925
-177.07298400000002
-201
Royalties and
license fees
-67.430028156152503
-85.03
-174
Credit

Debit
-67.430028156152503
-85.03
-174
Other business
services
-2877.8749714633591
-4766.71
-414
Credit
9.0250361464119937
9.5

Debit
-2886.9000076097709
-4776.21
-415
Operational leasing
services
-28.750019024427367
-977.44
-824
Credit

Debit
-28.750019024427367
-977.44
-824
Misc. business,
professional, and
technical services
-2849.1249524389318
-3789.27
-332
Credit
9.0250361464119937
9.5

Debit
-2858.1499885853436
-3798.77
-333
Personal, cultural
& recreational
services
-0.29350886538315196 -0.34531199999999995 -0.39
Credit

Debit
-0.29350886538315196 -0.34531199999999995 -0.39
Government
Services n.i.e
119.81995281942015
-1580.88
-246
Credit
359.44996575603074
244.13
348.
Debit
-239.6300129366106
-1825.01
-281
Income(net)
-2254.0999923902295
-4642.76
-118
Credit
889.58998554143511
1891.93

Debit
-3143.6899779316641
-6534.6900000000005
-144
Compensation of
employees
101.34000456586257
126.67999999999999
191.
Credit
154.97001750247318
193.72
219.
Debit
-53.630012936610612
-67.040000000000006
-28
Investment income -2355.4399969560918
-4769.4400000000005
-120
Credit
734.61996803896193
1698.21

Debit
-3090.0599649950536
-6467.6500000000005
-144
Direct investment
-2600.3900007609773
-5805.09
-131
Credit
0.44996575603074351 14.760000000000002
21.9
Debit
-2600.8399665170077
-5819.85
-131
Income on equity
-2555.8399665170077
-5752.9800000000005
-130
Credit

13.870000000000001
20.9
Debit
-2555.8399665170077
-5766.85
-130
Dividends and
distributed branch
profits
-794.07000989270216
-3908.85
-109
Credit

Debit
-799.07000989270216
-3916.85
-109
Reinvested
earnings and
undistributed
branch profit
-1755.9000076097711
-1844.13
-210
Credit
0.87002511224412149 5.87
6.96
Debit
-1756.770032722015
-1850
-211
Income on Direct
Investment Loans
(interest)
-44.550034243969257
-52.11
-74
Credit
0.44996575603074351 0.89

Debit
-45
-53
-75
Portfolio
investment
-258
-431
-536
Credit
47.000000000000007

53.3
Debit
-305.00000000000006
-485
-589
Other investment
502.95000380488551
1466.65

Income on debt
(interest)
502.95000380488551
1466.65

Credit
687.17000228293125
1629.45

Debit
-184.2199984780458
-162.80000000000001
-648
Current
transfers(net)
15136.840042614716
17957.009999999998

Credit
15268.09002359029
18135.679999999997

Debit
-131.24998097557264
-178.67000000000002
-151
General
government
59.330035765923448
984.18
784.
Credit
120.00000000000001
1032.26
867.
Debit
-60.669964234076559
-48.08
-83.6
Other sectors
621.84004261471728
16972.829999999998

Credit
678.09002359028989
17103.419999999998

Debit
-56.24998097557264
-130.59
-67.7
Workers'
remittances
14455.669964234075
16854.57

Credit
14470
16890

Debit
-14.330035765923446
-35.43
-26.4
Other Transfers

118.25999999999999
0.44
Credit

213.41999999999996
41.7
Debit

-95.16
-41.2
CAPITAL AND
FINANCIAL
ACCOUNT
-19000.686020850771
-19539.978587813865
-133
Capital
account(net)

10650

Credit

10650

Debit

Capital transfers

10650

Credit

10650

General
Government

10650

Debt Forgiveness

10650

Other Sector

Debit

Acquisition/
disposal of
nonproduced,
nonfin assets

Credit

Debit

Financial
account(net)
-26328.686020850771
-30189.978587813865
-133
Assets
-14031.406057377673
-22121.841200000003
-251
Direct investment
(Abroad)
-14.619968038962028
-322.48
-874
Equity capital
-14.619968038962028
-316.61
-868
Claims on direct
investment
enterprises
-14.619968038962028
-316.61
-868
Liabilities to direct
investors

Reinvested
earnings

-5.87
-6.96
Other capital

Claims on direct
investment
enterprises

Liabilities to direct
investors

Portfolio
investment
-1370.4460847728483
-1526.0411999999999
-185
Equity securities
-1238.896050528879
-1376.5511999999999
-172
Debt securities
-131.55003424396926
-149.49
-138
Long-term

Short-term
-131.55003424396926
-149.49
-138
Other investment
-1322.2999771706873
-6254.38
-133
Trade credits
-1374.4499657560307
-4696.8100000000004
-722
Loans -DMBs
-110.9799863024123
-126.11
-116
Currency and
deposits
163.12997488775588
-1431.46
-600
Monetary
authorities

General
government

119.8
-127
Banks
67.129974887755878
-1419.26
-291
Other sectors

-132
-181
Other Assets

Reserve assets*
-11324.040027395176
-14018.94
-903
Monetary Gold

SDRs

Reserve Positions
in the Fund

Foreign exchange
-11324.040027395176
-14018.94
-903
Other Claims

Liabilities
-12297.2799634731
-8068.1373878138593

Direct Invesment in
reporting economy
4978.2600258732218
4897.8099999999995

Equity capital
3221.4899931512064
3047.81

Claims on direct
investors

Liabilities to direct
investors
3221.4899931512064
3047.81

Reinvested
earnings
1756.770032722015

Other capital

38.0
Claims on direct
investors

Liabilities to direct
investors

38.0
Portfolio
Investment

2825.59

Equity securities

Debt securities

1040.5900000000001

Long-term

1011.7

Short-term

28.89
147.
Other investment
liabilities
-18158.539989346322
-15791.53738781386

Trade credits

Short-term

Long-term

Loans
-18195.000000000004
-15896.765848491825

General
government
-15219
-16430
-513
Long-term
-15219
-16430
-513
Drawings

Repayments
-15483
-16931
-938
short-term

Monetary
authorities

Banks

99.234151508174079

Other sectors
-3063

Long-term
-3063

Short-term

Currency &
Deposits
36.460010653679326
105.22846067796667

Monetary
Authority

Banks
36.460010653679326
105.22846067796667

Other Liabilities -
monetary authority
SDR allocation

NET ERRORS AND
OMISSIONS
-18224.368769500034
-17304.501908186139
-145
Memorandum
Items:

Current Account
Balance as % of
GDP
32.842622896018376
25.306455505049996
16.8
Capital and
Financial Account
Balance as % of
GDP
-16.763772921365604
-13.420940994291531
-8.06
Overall Balance as
% of GDP
9.9908831877538695
9.6288420018971621
5.45
External Reserves -
Stock (US$' Billion)
28.279060000000001
42.298000000000002
51.3
Number of Months
of Imports
Equivalent
13.063807131514364
22.879737763088855
21.5
External Debt
Stock (US$' Billion)
20.476199999999999
3.5444900000000001
3.62
Debt Service Due
as % of Exports of
Goods and Non
Factor Services
Effective Central
Exchange Rate (N/
$)
131.41
127.5102
124.
Average Exchange
Rate (N/$)
132.15
128.65
125.
End-Period
Exchange Rate (N/
$)
130.29
128.27000000000001
117.
Source: Central
Bank of Nigeria
Notes: 1Revised
2Provisional
*Negative sign
indicates accretion
to reserves while
positive sign
indicates depletion
of reserves
Return to Menu
Table D.2.1.4A
Balance of Payments
BPM6 Compilation
(₦' Billion)

Credits
Debits
C
Current Account
14165.865915063914
17199.350751313887

1. Current account
balance (+ Surplus;
- Deficit)

3033.4848362499702

1.A Goods and
services
9637.224270240542
14136.701598773561

Balance on goods
and services (+
Surplus; - Deficit)

4499.4773285330211

1.A.a Goods
9016.3211351267328
10283.073616492513

Balance on trade in
goods (+ Surplus; -
Deficit)

1266.7524813657808

1.A.a.1 General
merchandise on a
BOP basis
9016.3211351267328
10283.073616492513

Of which: 1.A.a.1.1
Re-exports

n.a

1.A.a.2 Net exports
of goods under
merchanting

n.a

1.A.a.2.1 Goods
acquired under
merchanting

n.a

1.A.a.2.2 Goods sold
under merchanting

n.a

1.A.a.3
Nonmonetary gold

1.A.b Services
620.90313511380998
3853.6279822810507

Balance on trade in
services (+ Surplus;
- Deficit)

3232.724847167241

1.A.b.1
Manufacturing
services on physical
inputs owned by
others

1.A.b.1.1 Goods for
processing in
reporting economy—
Goods returned ,
received

1.A.b.1.2 Goods for
processing abroad—
Goods sent, Goods
returned

1.A.b.2 Maintenance
and repair services
n.i.e.

5.4328517249999999

1.A.b.3 Transport
355.25521130995759
1519.8335705110701

1.A.b.3.1 Sea
transport
340.27154379295763
826.22029128012105

1.A.b.3.1.1
Passenger
0.55556557875000012 0.84685681499999999

Of which:
1.A.b.3.1.1.1
Payable by border,
seasonal and other
short-term workers

1.A.b.3.1.2 Freight
84.130508894249999
816.49813926012109

1.A.b.3.1.3 Other
255.58546931995764
8.8752952050000005

1.A.b.3.2 Air
transport
14.983667517000001
675.99629964094891

1.A.b.3.2.1
Passenger
10.55574599625
668.27583501524998

Of which:
1.A.b.3.2.1.1
Payable by border,
seasonal and other
short-term workers

1.A.b.3.2.2 Freight
4.4279215207500009
0.41458651499999999

1.A.b.3.2.3 Other

7.3058781106988517

1.A.b.3.3 Other
modes of transport

14.960482110000001

1.A.b.3.3.1
Passenger

1.2142865700000003

Of which:
1.A.b.3.3.1.1
Payable by border,
seasonal, and other
short-term workers

1.A.b.3.3.2 Freight

1.9157433749999999

1.A.b.3.3.3 Other

11.830452165000001

1.A.b.3.4 Postal and
courier services ( For
all modes of
transport)

2.6564974800000001

1.A.b.3.0.1
Passenger

Of which:
1.A.b.3.0.1.1
Payable by border,
seasonal, and other
short-term workers

1.A.b.3.0.2 Freight

1.A.b.3.0.3 Other

2.6564974800000001

1.A.b.4 Travel
79.364041134000004
1101.3463408430061

1.A.b.4.1 Business

257.52015817981834

1.A.b.4.1.1
Acquisition of goods
and services by
border, seasonal,
and short term
workers

1.A.b.4.1.2 Other

257.52015817981834

1.A.b.4.2 Personal
79.364041134000004
843.82618266318764

1.A.b.4.2.1 Healthrelated

146.648436099375

1.A.b.4.2.2
Education-related

441.60162809109374

1.A.b.4.2.3 Other
79.364041134000004
255.57611847271878

For both business
and personal travel

1.A.b.4.0.1 Goods

1.A.b.4.0.2 Local
transport services

1.A.b.4.0.3
Accommodation
services

1.A.b.4.0.4 Foodserving services

1.A.b.4.0.5 Other
services

Of which:
1.A.b.4.0.5.1 Health
services

1.A.b.4.0.5.2
Education services

1.A.b.5 Construction 0
10.119054750000002

1.A.b.5.1
Construction abroad

1.A.b.5.2
Construction in the
reporting economy

10.119054750000002

1.A.b.6 Insurance
and pension services
8.4705330149999991
65.309199231708092

1.A.b.6.1 Direct
insurance
8.4705330149999991
64.514195204058097

1.A.b.6.2
Reinsurance

0.62052401564999993

1.A.b.6.3 Auxiliary
insurance services

0.17448001200000002

1.A.b.6.4 Pension
and standardized
guarantee services

1.A.b.7 Financial
services
49.821059944991404
219.88607728499997

1.A.b.7.1 Explicitly
charged and other
financial services
49.821059944991404
219.88607728499997

1.A.b.7.2 Financial
intermediation
services indirectly
measured (FISIM)

1.A.b.8 Charges for
the use of
intellectual property
n.i.e.

49.679646659999989

1.A.b.9
Telecommunications,
computer, and
information services
15.165614016000003
204.82322570850002

1.A.b.9.1
Telecommunications
services
15.165614016000003
138.32963978400002

1.A.b.9.2 Computer
services

63.892497637500007

1.A.b.9.3
Information services

2.6010882870000005

Table D.2.1.4A
Balance of Payments
BPM6 Compilation
(₦' Billion)

Credits
Debits
C
1.A.b.10 Other
business services
17.198449590944996
384.96294040233215

1.A.b.10.1 Research
and development
services

9.3003610000000014E-2 0
1.A.b.10.2
Professional and
management
consulting services

181.88288687665161

1.A.b.10.3
Technical, traderelated, and other
business services
17.198449590944996
202.98704991568056

1.A.b.11 Personal,
cultural, and
recreational services

31.584418929000002

1.A.b.11.1
Audiovisual and
related services

1.A.b.11.2 Other
personal, cultural,
and recreational
services

31.584418929000002

1.A.b.12
Government goods
and services n.i.e.
95.62822610291569
260.65065623543489

1.A.b.0.1 Tourismrelated services in
travel and passenger
transport

1.B Primary income
182.88390134587118
2679.7855002836718

Balance on primary
income (+ Surplus; -
Deficit)

2496.9015989378013

1.B.1 Compensation
of employees
42.807909364084338
2.5781288394750002

1.B.2 Investment
income
140.07599198178684
2677.2073714441967

1.B.2.1 Direct
investment
59.056742242502246
2448.7479168154996

1.B.2.1.1 Income on
equity and
investment fund
shares
58.475142202502248
2438.9906290795698

1.B.2.1.1.1
Dividends and
withdrawals from
income of quasicorporation
53.052893538527016
2018.8987588360696

1.B.2.1.1.1.1 Direct
investor in direct
investment
enterprises
53.052893538527016
2018.8987588360696

1.B.2.1.1.1.2 Direct
investment
enterprises in direct
investor (reverse
investment)

1.B.2.1.1.1.3
Between fellow
enterprises

1.B.2.1.1.1.3.1 if
ultimate controlling
parent is resident

1.B.2.1.1.1.3.2 if
ultimate controlling
parent is nonresident

1.B.2.1.1.1.3.3 if
ultimate controlling
parent is unknown

1.B.2.1.1.2
Reinvested earnings
5.4222486639752239
420.09187024350007

Investment income
attributable to
policyholders in
insurance, pension

schemes, and
standardized
guarantees, and to
investment fund
shareholders

Of which:
Investment income
attributable to
investment fund
shareholders

1.B.2.1.2 Interest
0.58160003999999998 9.7572877359299994

1.B.2.1.2.1 Direct
investor in direct
investment
enterprises
0.58160003999999998 9.7572877359299994

1.B.2.1.2.2 Direct
investment
enterprises in direct
investor (reverse
investment)

1.B.2.1.2.3 Between
fellow enterprises

1.B.2.1.2.3.1 if
ultimate controlling
parent is resident

1.B.2.1.2.3.2 if
ultimate controlling
parent is nonresident

1.B.2.1.2.3.3 if
ultimate controlling
parent is unknown

1.B.2.1.2M
Memorandum:
Interest before FISIM

1.B.2.2 Portfolio
investment
4.5450422628584262
109.01212269777528

1.B.2.2.1 Investment
income on equity
and investment fund
shares

23.964554567099999

1.B.2.2.1.1
Dividends on equity
excluding
investment fund
shares

23.964554567099999

1.B.2.2.1.2
Investment income
attributable to
investment fund
shareholders

1.B.2.2.1.2.1
Dividends

1.B.2.2.1.2.2
Reinvested earnings

1.B.2.2.2 Interest
4.5450422628584262
85.047568130675288

1.B.2.2.2.1 Shortterm
4.5450422628584262
62.755037288999993

1.B.2.2.2.2 Longterm

22.292530841675287

1.B.2.3 Other
investment
44.414409437458644
119.44733193092215

1.B.2.3.1
Withdrawals from
income of quasicorporations

1.B.2.3.2 Interest
44.414409437458644
119.44733193092215

1.B.2.3.2M
Memorandum:
Interest before FISIM

1.B.2.3.3 Investment
income attributable
to policyholders in
insurance, pension
schemes, and
standardized
guarantee schemes

1.B.2.4 Reserve
assets
32.05979803896755

1.B.2.4.1 Income on
equity and
investment fund
shares

1.B.2.4.2 Interest
32.05979803896755

1.B.2.4.2M
Memorandum:
Interest before FISIM

1.B.3 Other primary
income

1.B.3.1 Taxes on
production and on
imports

1.B.3.2 Subsidies

1.B.3.3 Rent

Balance on goods,
services, and
primary income
9820.1081715864129
16816.487099057234

Table D.2.1.4A
Balance of Payments
BPM6 Compilation
(₦' Billion)

Credits
Debits
C
1.C Secondary
income
4345.7577434775003
382.86365225665224

Balance on
secondary income
(+ Surplus; -
Deficit)
3962.8940912208477

1.C.1 General
government
328.62593084474997
29.601477170999999

1.C.1.1 Current taxes
on income, wealth,
etc.

n.a

Of which:1.C.1.1.1
payable by border,
seasonal, and other
short-term workers

n.a

1.C.1.2 Social
contributions

n.a

Of which:1.C.1.2.1
payable by border,
seasonal, and other
short-term workers

n.a

1.C.1.3 Social
benefits
n.a

1.C.1.4 Current
international
cooperation
33.302496885000004
29.601477170999999

1.C.1.5
Miscellaneous
current transfers of
general government
295.32343395974999

Of which: 1.C.1.5.1
Current transfers to
NPISHs

1.C.2 Financial
corporations,
nonfinancial
corporations,
households, and
NPISHs
4017.1318126327496
353.26217508565219

1.C.2.1 Personal
transfers (Current
transfers between
resident and
nonresident
household)
4009.9318595700001
200.87404354500003

Of which: 1.C.2.1.1
Workers’ remittances
4009.9318595700001
200.87404354500003

1.C.2.2 Other
current transfers

1.C.2.0.1 Current
taxes on income,
wealth, etc.
n.a

n
1.C.2.0.2 Social
contributions

1.C.2.0.3 Social
benefits

1.C.2.0.4 Net nonlife
insurance premiums
7.1999530627499997
152.38813154065221

1.C.2.0.5 Nonlife
insurance claims

1.C.2.0.6 Current
international
cooperation

1.C.2.0.7
Miscellaneous
current transfers

Of which:1.C.2.0.7.1
Current transfers to
NPISHs

1.C.3 Adjustment for
change in pension
entitlements

2 Capital account

Capital account
balance (+ Surplus;
- Deficit)

2.1 Gross
acquisitions /
disposals of
nonproduced
nonfinancial assets

2.2 Capital transfers

2.2.1 General
government

2.2.1.1 Debt
forgiveness

2.2.1.2 Other capital
transfers

Of which:2.2.1.2.1
Capital taxes

2.2.2 Financial
corporations,
nonfinancial
corporations,
households, and
NPISHs

2.2.2.1 Debt
forgiveness

2.2.2.2 Other capital
transfers

Of which: 2.2.2.2.1
Capital taxes
n.a

n
Of which: 2.2.2.0.1
Between households

Of which:

for each item in
capital transfers:

Transfers to NPISHs

Net lending (+) /
net borrowing (-)
(Balance from
current and capital
accounts)

-3033.4848362499747

Net acquisition of
financial assets
Net incurrence of
liabilities
N
f
3 Financial account
1506.0589585855221
1304.0878999348565

Net lending / net
borrowing (from
financial account)
(+ net lending; - net
borrowing)
201.97105865066558

3.1 Direct
investment
281.99813936137525
602.06782344486987

3.1.1 Equity and
investment fund
shares
281.99813936137525
601.23865041486988

3.1.1.1 Equity other
than reinvestment of
earnings
276.57589069740004
181.14678017136984

3.1.1.1.1 Direct
investor in direct
investment
enterprises
276.57589069740004
181.14678017136984

3.1.1.1.2 Direct
investment
enterprises in direct
investor (reverse
investment)

3.1.1.1.3 Between
fellow enterprises

3.1.1.1.3.1 if
ultimate controlling
parent is resident

3.1.1.1.3.2 if
ultimate controlling
parent is nonresident

3.1.1.1.3.3 if
ultimate controlling
parent is unknown

3.1.1.2 Reinvestment
of earnings
5.4222486639752239
420.09187024350007

Of which: 3.1.1.0.1
Investment fund
shares/units

Of which: 3.1.1.0.1.1
Money market fund
shares/units

3.1.2 Debt
instruments

0.8291730300000002

3.1.2.1 Direct
investor in direct
investment
enterprises

0.8291730300000002

3.1.2.2 Direct
investment
enterprises in direct
investor (reverse
investment)

3.1.2.3 Between
fellow enterprises

3.1.2.3.1 if ultimate
controlling parent is
resident

3.1.2.3.2 if ultimate
controlling parent is
nonresident

3.1.2.3.3 if ultimate
controlling parent is
unknown

Of which: 3.1.2.0
Debt securities

3.1.2.0.1 Direct
investor in direct
investment
enterprises

3.1.2.0.2 Direct
investment
enterprises in direct
investor (reverse
investment)

3.1.2.0.3 Between
fellow enterprises

3.1.2.0.3.1 if
ultimate controlling
parent is resident

3.1.2.0.3.2 if
ultimate controlling
parent is nonresident

3.1.2.0.3.3 if
ultimate controlling
parent is unknown

Table D.2.1.4A
Balance of Payments
BPM6 Compilation
(₦' Billion)

Net acquisition of
financial assets
Net incurrence of
liabilities
N
f
3.2 Portfolio
investment
329.40912603375
498.13221591810077

3.2.1 Equity and
investment fund
shares
263.52730082699998
93.64929738674978

3.2.1.1 Central bank n.a

n
3.2.1.1.9 Monetary
authorities
n.a

n
3.2.1.2 Deposittaking corporations,
except the central
bank

3.2.1.3 General
government
n.a

n
3.2.1.4 Other sectors 263.52730082699998
93.64929738674978

3.2.1.4.1 Other
financial
corporations

3.2.1.4.2
Nonfinancial
corporations,
households, and
NPISHs
263.52730082699998
93.64929738674978

3.2.1.0.1 Equity
securities other than
investment fund
shares

3.2.1.0.1.1 Listed

3.2.1.0.1.2 Unlisted

3.2.1.0.2 Investment
fund shares/units

Of which: 3.2.1.0.2.1
Reinvestment of
earnings

Of which:
3.2.1.0.2.0.1 Money
market fund shares/
units

3.2.2 Debt securities 65.881825206749994
591.78151330485059

3.2.2.1 Central bank 0

3.2.2.1.1 Short-term

3.2.2.1.2 Long-term

3.2.2.1.9 Monetary
authorities

3.2.1.1.9.1 Shortterm

3.2.1.1.9.2 Longterm

3.2.2.2 Deposittaking corporations,
except the central
bank

112.31364826500001

3.2.2.2.1 Short-term

112.31364826500001

3.2.2.2.2 Long-term

3.2.2.3 General
government

342.9620129488506

3.2.2.3.1 Short-term

3.2.2.3.2 Long-term

342.9620129488506

3.2.2.4 Other sectors 65.881825206749994
136.50585209100004

3.2.2.4.0.1 Shortterm
65.881825206749994

3.2.2.4.0.2 Longterm

136.50585209100004

3.2.2.4.1 Other
financial
corporations

3.2.2.4.1.1 Shortterm

3.2.2.4.1.2 Longterm

3.2.2.4.2
Nonfinancial
corporations,
households, and
NPISHs
65.881825206749994
136.50585209100004

3.2.2.4.2.1 Shortterm
65.881825206749994

3.2.2.4.2.2 Longterm

136.50585209100004

3.3 Financial
derivatives (other
than reserves) and
employee stock
options

3.3.1 Central bank

3.3.1.9 Monetary
authorities

3.3.2 Deposit-taking
corporations, except
the central bank

3.3.3 General
government

3.3.4 Other sectors

3.3.4.1 Other
financial
corporations

3.3.4.2 Nonfinancial
corporations,
households, and
NPISHs

3.3.0.1 Financial
derivatives

3.3.0.1.1 Options

3.3.0.1.2 Forwardtype contracts

3.3.0.2.Employee
stock options

3.4 Other investment 2044.7842213510173
203.88786057188597

3.4.1 Other equity

3.4.2 Currency and
deposits
833.38330874660721
146.58025422675692
-7
3.4.2.1 Central bank 0

3.4.2.1.1 Short-term

3.4.2.1.2 Long-term

3.4.2.1.9 Monetary
authorities

3.4.2.1.9.1 Shortterm

3.4.2.1.9.2 Longterm

3.4.2.2 Deposittaking corporations,
except the central
bank
-877.08527462611664
146.58025422675692
-3
3.4.2.2.0.1 Of which:
Interbank positions

3.4.2.2.1 Short-term
-877.08527462611664
146.58025422675692
-3
3.4.2.2.2 Long-term

3.4.2.3 General
government
-265.42413107563442

-2
3.4.2.3.1 Short-term
-265.42413107563442

-2
3.4.2.3.2 Long-term

3.4.2.4 Other sectors 1975.8927144483584

-4
3.4.2.4.0.1 Shortterm
1975.8927144483584

-4
3.4.2.4.0.2 Longterm

3.4.2.4.1 Other
financial
corporations

3.4.2.4.1.1 Shortterm

3.4.2.4.1.2 Longterm

3.4.2.4.2
Nonfinancial
corporations,
households, and
NPISHs
1975.8927144483584
n.a
-4
3.4.2.4.2.1 Shortterm
1975.8927144483584
n.a
-4
3.4.2.4.2.2 Longterm

n.a

Table D.2.1.4A
Balance of Payments
BPM6 Compilation
(₦' Billion)

Net acquisition of
financial assets
Net incurrence of
liabilities
N
f
3.4.3 Loans
-141.04725766460001
57.307606345129045

3.4.3.1 Central bank 0

3.4.3.1.1 Credit and
loans with the IMF
(other than reserves)

3.4.3.1.2 Other
short-term

3.4.3.1.3 Other longterm

3.4.3.1.9 Monetary
authorities

3.4.3.1.9.1 Credit
and loans with the
IMF (other than
reserves)

3.4.3.1.9.2 Other
short-term

3.4.3.1.9.3 Other
long-term

3.4.3.2 Deposittaking corporations,
except the central
bank

137.05302777562898

3.4.3.2.1 Short-term

137.05302777562898

3.4.3.2.2 Long-term

3.4.3.3 General
government

198.40813797000001

3.4.3.3.1 Credit and
loans with the IMF
(other than reserves)

3.4.3.3.2 Other
short-term

3.4.3.3.3 Other longterm

198.40813797000001

3.4.3.4 Other sectors -141.04725766460001
278.1535594005

3.4.3.4.0.1 Shortterm

3.4.3.4.0.2 Longterm
-141.04725766460001
278.1535594005

3.4.3.4.1 Other
financial
corporations

3.4.2.4.1.1 Shortterm

3.4.2.4.1.2 Longterm

3.4.3.4.2
Nonfinancial
corporations,
households, and
NPISHs
-141.04725766460001
278.1535594005

3.4.3.4.2.1 Shortterm

3.4.3.4.2.2 Longterm
-141.04725766460001
278.1535594005

3.4.4 Insurance,
pension, and
standardized
guarantee schemes

3.4.4.1 Central bank 0

3.4.4.1.9 Monetary
authorities

3.4.4.2 Deposittaking corporations,
except the central
bank

3.4.4.3 General
government

3.4.4.4 Other sectors 0

3.4.4.4.1 Other
financial
corporations

3.4.4.4.2
Nonfinancial
corporations,
households, and
NPISHs

3.4.4.0.1 Nonlife
insurance technical
reserves

3.4.4.0.2 Life
insurance and
annuity entitlements

3.4.4.0.3 Pension
entitlements

3.4.4.0.4 Claims of
pension funds on
pension managers

3.4.4.0.5
Entitlements to
nonpension benefits

3.4.4.0.6 Provisions
for calls under
standardized
guarantees

3.4.5 Trade credit
and advances
1352.4481702690105

3.4.5.1 Central bank 0

3.4.5.1.1 Short-term

3.4.5.1.2 Long-term

3.4.5.1.9 Monetary
authorities

3.4.5.1.9.1 Shortterm

3.4.5.1.9.2 Longterm

3.4.5.2 General
government
743.84649364795575

3.4.5.2.1 Short-term
743.84649364795575

3.4.5.2.2 Long-term

3.4.5.3 Deposittaking corporations

3.4.5.3.1 Short-term

3.4.5.3.2 Long-term

3.4.5.4 Other sectors 608.60167662105459

3.4.5.4.0.1 Shortterm
608.60167662105459

3.4.5.4.0.2 Longterm

3.4.5.4.1 Other
financial
corporations

3.4.5.4.1.1 Shortterm

3.4.5.4.1.2 Longterm

3.4.5.4.2
Nonfinancial
corporations,
households, and
NPISHs
608.60167662105459

3.4.5.4.2.1 Shortterm
608.60167662105459

3.4.5.4.2.2 Longterm

3.4.6 Other accounts
receivable/payable
—other

3.4.6.1 Central bank 0

3.4.6.1.1 Short-term

3.4.6.1.2 Long-term

3.4.6.1.9 Monetary
authorities

3.4.6.1.9.1 Shortterm

3.4.6.1.9.2 Longterm

3.4.6.2 Deposittaking corporations,
except the central
bank

3.4.6.2.1 Short-term

3.4.6.2.2 Long-term

3.4.6.3 General
government

3.4.6.3.1 Short-term

3.4.6.3.2 Long-term

3.4.6.4 Other sectors 0

3.4.6.4.0.1 Shortterm

3.4.6.4.0.2 Longterm

3.4.6.4.1 Other
financial
corporations

3.4.6.4.1.1 Shortterm

3.4.6.4.1.2 Longterm

3.4.6.4.2
Nonfinancial
corporations,
households, and
NPISHs

3.4.6.4.2.1 Shortterm

3.4.6.4.2.2 Longterm

3.4.7 Special
drawing rights
n.a

n
Table D.2.1.4A
Balance of Payments
BPM6 Compilation
(₦' Billion)

Net acquisition of
financial assets
Net incurrence of
liabilities
N
f
3.5 Reserve assets
-1150.1325281606205
n.a
-2
3.5.1 Monetary gold 0
n.a

3.5.1.1 Gold bullion

n.a

3.5.1.2 Unallocated
gold accounts

n.a

3.5.2 Special
drawing rights

n.a

3.5.3 Reserve
position in the IMF

n.a

3.5.4 Other reserve
assets
-1150.1325281606205
n.a
-2
3.5.4.1 Currency and
deposits
-1150.1325281606205
n.a
-2
3.5.4.1.1 Claims on
monetary authorities
-1150.1325281606205
n.a
-2
3.5.4.1.2 Claims on
other entities

n.a

3.5.4.2 Securities

n.a

3.5.4.2.1 Debt
securities

n.a

3.5.4.2.1.1 Shortterm

n.a

3.5.4.2.1.2 Longterm

n.a

3.5.4.2.2 Equity and
investment fund
shares

n.a

3.5.4.3 Financial
derivatives

n.a

3.5.4.4 Other claims 0

3 Total assets/
liabilities
1365.0117009209221
1361.3955062799857

Of which: (by
instrument):

3.0.1 Equity and
investment fund
shares

3.0.1.1 Equity

3.0.1.2 Investment
fund shares

3.0.2 Debt
instruments

3.0.2.1 Special
drawing rights

3.0.2.2 Currency and
deposits

3.0.2.3 Debt
securities

3.0.2.4 Loans

3.0.2.5 Insurance,
pension, and
standardized
guarantee schemes

3.0.2.6 Other
accounts receivable/
payable

3.0.3 Other financial
assets and liabilities

3.0.3.1 Monetary
gold

n.a

3.0.3.2 Financial
derivatives and ESOs

Credits
Debits
C
Net errors and
omissions
3235.45589490064

Memorandum Items
2015 1

Current Account
Balance as % of GDP
-3.1871790336018759

Capital and Financial
Account Balance as
% of GDP
-0.21220410131390258

Overall Balance as %
of GDP
-1.208405011890088
-0
External Reserves -
Stock (US$' Billion)
28.28482

Number of Months
of Imports
Equivalent
6.4855145364511992

External Debt Stock
(US$' Billion)
10.718431494799999

Effective Central
Exchange Rate (N/$)
196.48650000000001

End-Period Exchange
Rate (N/$)

Exceptional
Financing
1. Current and/or
capital transfers

1.1 Debt forgiveness 0

1.2 Other
intergovernmental
grants

1.3 Grants received
from IMF subsidy
accounts

2. Direct investment

2.1 Equity
investment
associated with debt
reduction

2.2 Debt instruments 0

3. Portfolio
investment—
liabilities

4. Other investment
—liabilities

4.1 Drawings on new
loans by authorities
or by other sectors
on behalf of
authorities

4.2 Rescheduling of
existing debt

5.Arrears

5.1 Accumulation of
arrears

5.1.1 Principal on
short-term debt

5.1.2 Principal on
long-term debt

5.1.3 Original
interest

5.1.4 Penalty
interest

5.2 Repayment of
arrears

5.2.1 Principal

5.2.2 Interest

5.3 Rescheduling of
arrears

5.3.1 Principal

5.3.2 Interest

5.4 Cancellation of
arrears

5.4.1 Principal

5.4.2 Interest

Source: Central Bank
of Nigeria
Notes: 1Revised
2Provisional
Return to Menu
Table D.2.1.4B
Balance of Payments
BPM6 Compilation
(US$' Billion)

Credits
Debits
Cre
Current Account
72095.87383898595
87534.516372951257

1. Current account
balance (+ Surplus;
- Deficit)

15438.642533965307

1.A Goods and
services
49047.768015820635
71947.444729147101

Balance on goods
and services (+
Surplus; - Deficit)

22899.676713326466

1.A.a Goods
45887.738522121021
52334.758960501167

Balance on trade in
goods (+ Surplus; -
Deficit)

6447.0204383801465

1.A.a.1 General
merchandise on a
BOP basis
45887.738522121021
52334.758960501167

Of which: 1.A.a.1.1
Re-exports
n.a
1.A.a.2 Net exports
of goods under
merchanting

n.a

1.A.a.2.1 Goods
acquired under
merchanting

n.a

1.A.a.2.2 Goods sold
under merchanting

n.a

1.A.a.3
Nonmonetary gold
1.A.b Services
3160.0294936996174
19612.685768645941

Balance on trade in
services (+ Surplus;
- Deficit)

16452.656274946323

1.A.b.1
Manufacturing
services on physical
inputs owned by
others

1.A.b.1.1 Goods for
processing in
reporting economy—
Goods returned ,
received

1.A.b.1.2 Goods for
processing abroad—
Goods sent, Goods
returned

1.A.b.2 Maintenance
and repair services
n.i.e.

27.65

1.A.b.3 Transport
1808.0387777784103
7735.0534032163532

1.A.b.3.1 Sea
transport
1731.7807777784103
4204.9723074110489

1.A.b.3.1.1
Passenger
2.8275000000000001
4.3099999999999996
0.9
Of which:
1.A.b.3.1.1.1
Payable by border,
seasonal and other
short-term workers

1.A.b.3.1.2 Freight
428.17449999999997
4155.4923074110484

1.A.b.3.1.3 Other
1300.7787777784104
45.17

1.A.b.3.2 Air
transport
76.257999999999996
3440.421095805304
36.
1.A.b.3.2.1
Passenger
53.722499999999997
3401.1284999999998
17.
Of which:
1.A.b.3.2.1.1
Payable by border,
seasonal and other
short-term workers

1.A.b.3.2.2 Freight
22.535500000000003
2.11
18.
1.A.b.3.2.3 Other

37.182595805303933

1.A.b.3.3 Other
modes of transport

76.14

1.A.b.3.3.1
Passenger

6.1800000000000006

Of which:
1.A.b.3.3.1.1
Payable by border,
seasonal, and other
short-term workers

1.A.b.3.3.2 Freight

9.75

1.A.b.3.3.3 Other

60.21

1.A.b.3.4 Postal and
courier services ( For
all modes of
transport)

13.52

1.A.b.3.0.1
Passenger

Of which:
1.A.b.3.0.1.1
Payable by border,
seasonal, and other
short-term workers

1.A.b.3.0.2 Freight

1.A.b.3.0.3 Other

13.52

1.A.b.4 Travel
403.916
5605.2010740840005

1.A.b.4.1 Business

1310.6251990839999

1.A.b.4.1.1
Acquisition of goods
and services by
border, seasonal,
and short term
workers

1.A.b.4.1.2 Other

1310.6251990839999

1.A.b.4.2 Personal
403.916
4294.5758750000005

1.A.b.4.2.1 Healthrelated

746.3537500000001

1.A.b.4.2.2
Education-related

2247.4909374999997

1.A.b.4.2.3 Other
403.916
1300.7311875

For both business
and personal travel

1.A.b.4.0.1 Goods

1.A.b.4.0.2 Local
transport services

1.A.b.4.0.3
Accommodation
services

1.A.b.4.0.4 Foodserving services

1.A.b.4.0.5 Other
services

Of which:
1.A.b.4.0.5.1 Health
services

1.A.b.4.0.5.2
Education services

1.A.b.5 Construction 0
51.5

1.A.b.5.1
Construction abroad

1.A.b.5.2
Construction in the
reporting economy

51.5

1.A.b.6 Insurance
and pension services
43.109999999999992
332.38517267958912
79.
1.A.b.6.1 Direct
insurance
43.109999999999992
328.33907267958915
79.
1.A.b.6.2
Reinsurance

3.1580999999999997

1.A.b.6.3 Auxiliary
insurance services

0.88800000000000001 0
1.A.b.6.4 Pension
and standardized
guarantee services

1.A.b.7 Financial
services
253.55970992913711
1119.0899999999999

1.A.b.7.1 Explicitly
charged and other
financial services
253.55970992913711
1119.0899999999999

1.A.b.7.2 Financial
intermediation
services indirectly
measured (FISIM)

1.A.b.8 Charges for
the use of
intellectual property
n.i.e.

252.83999999999995

1.A.b.9
Telecommunications,
computer, and
information services
77.184000000000012
1042.4290000000001

1.A.b.9.1
Telecommunications
services
77.184000000000012
704.01600000000008

1.A.b.9.2 Computer
services

325.17500000000001

1.A.b.9.3
Information services

13.238000000000001

Table D.2.1.4B
Balance of Payments
BPM6 Compilation
(US$' Billion)

Credits
Debits
Cre
1.A.b.10 Other
business services
87.529929999999993
1959.233537176
64.
1.A.b.10.1 Research
and development
services

0.47333333333333333 0
1.A.b.10.2
Professional and
management
consulting services

925.67625193919991

1.A.b.10.3
Technical, traderelated, and other
business services
87.529929999999993
1033.0839519034669
64.
1.A.b.11 Personal,
cultural, and
recreational services

160.74600000000001

1.A.b.11.1
Audiovisual and
related services

1.A.b.11.2 Other
personal, cultural,
and recreational
services

160.74600000000001

1.A.b.12
Government goods
and services n.i.e.
486.6910759920691
1326.5575814900001

1.A.b.0.1 Tourismrelated services in
travel and passenger
transport

1.B Primary income
930.77082316531255
13638.52224088511

Balance on primary
income (+ Surplus; -
Deficit)

12707.751417719797

1.B.1 Compensation
of employees
217.866924007931
13.12115

1.B.2 Investment
income
712.9038991573816
13625.401090885109

1.B.2.1 Direct
investment
300.5638669450687
12462.677674117558

1.B.2.1.1 Income on
equity and
investment fund
shares
297.60386694506872
12413.018854117558

1.B.2.1.1.1
Dividends and
withdrawals from
income of quasicorporation
270.00783025056182
10274.999854117557

1.B.2.1.1.1.1 Direct
investor in direct
investment
enterprises
270.00783025056182
10274.999854117557

1.B.2.1.1.1.2 Direct
investment
enterprises in direct
investor (reverse
investment)

1.B.2.1.1.1.3
Between fellow
enterprises

1.B.2.1.1.1.3.1 if
ultimate controlling
parent is resident
1.B.2.1.1.1.3.2 if
ultimate controlling
parent is nonresident
1.B.2.1.1.1.3.3 if
ultimate controlling
parent is unknown
1.B.2.1.1.2
Reinvested earnings
27.596036694506871
2138.0190000000002
34.
Investment income
attributable to
policyholders in
insurance, pension
schemes, and
standardized
guarantees, and to
investment fund
shareholders
Of which:
Investment income
attributable to
investment fund
shareholders
1.B.2.1.2 Interest
2.96
49.658819999999999
3.6
1.B.2.1.2.1 Direct
investor in direct
investment
enterprises
2.96
49.658819999999999
3.6
1.B.2.1.2.2 Direct
investment
enterprises in direct
investor (reverse
investment)

1.B.2.1.2.3 Between
fellow enterprises

1.B.2.1.2.3.1 if
ultimate controlling
parent is resident
1.B.2.1.2.3.2 if
ultimate controlling
parent is nonresident
1.B.2.1.2.3.3 if
ultimate controlling
parent is unknown
1.B.2.1.2M
Memorandum:
Interest before FISIM
1.B.2.2 Portfolio
investment
23.131575262719963
554.80718877772915

1.B.2.2.1 Investment
income on equity
and investment fund
shares

121.9654
51.
1.B.2.2.1.1
Dividends on equity
excluding
investment fund
shares

121.9654
51.
1.B.2.2.1.2
Investment income
attributable to
investment fund
shareholders

1.B.2.2.1.2.1
Dividends
1.B.2.2.1.2.2
Reinvested earnings
1.B.2.2.2 Interest
23.131575262719963
432.84178877772916

1.B.2.2.2.1 Shortterm
23.131575262719963
319.38599999999997

1.B.2.2.2.2 Longterm

113.4557887777292

1.B.2.3 Other
investment
226.0430586195929
607.91622798982189

1.B.2.3.1
Withdrawals from
income of quasicorporations

1.B.2.3.2 Interest
226.0430586195929
607.91622798982189

1.B.2.3.2M
Memorandum:
Interest before FISIM

1.B.2.3.3 Investment
income attributable
to policyholders in
insurance, pension
schemes, and
standardized
guarantee schemes

1.B.2.4 Reserve
assets
163.16539833000002

1.B.2.4.1 Income on
equity and
investment fund
shares

1.B.2.4.2 Interest
163.16539833000002

1.B.2.4.2M
Memorandum:
Interest before FISIM

1.B.3 Other primary
income

1.B.3.1 Taxes on
production and on
imports

1.B.3.2 Subsidies

1.B.3.3 Rent

Balance on goods,
services, and
primary income
49978.538838985951
85585.966970032212

Table D.2.1.4B
Balance of Payments
BPM6 Compilation
(US$' Billion)

Credits
Debits
Cre
1.C Secondary
income
22117.334999999999
1948.5494029190413

Balance on
secondary income
(+ Surplus; -
Deficit)
20168.785597080958

1.C.1 General
government
1672.5114999999998
150.654

1.C.1.1 Current taxes
on income, wealth,
etc.

n.a

Of which:1.C.1.1.1
payable by border,
seasonal, and other
short-term workers

n.a

1.C.1.2 Social
contributions

n.a

Of which:1.C.1.2.1
payable by border,
seasonal, and other
short-term workers

n.a

1.C.1.3 Social
benefits
n.a

n.a
1.C.1.4 Current
international
cooperation
169.49
150.654

1.C.1.5
Miscellaneous
current transfers of
general government
1503.0214999999998

Of which: 1.C.1.5.1
Current transfers to
NPISHs

1.C.2 Financial
corporations,
nonfinancial
corporations,
households, and
NPISHs
20444.823499999999
1797.8954029190413

1.C.2.1 Personal
transfers (Current
transfers between
resident and
nonresident
household)
20408.18
1022.33

Of which: 1.C.2.1.1
Workers’ remittances
20408.18
1022.33

1.C.2.2 Other
current transfers

1.C.2.0.1 Current
taxes on income,
wealth, etc.
n.a

n.a
1.C.2.0.2 Social
contributions

1.C.2.0.3 Social
benefits

1.C.2.0.4 Net nonlife
insurance premiums
36.643499999999996
775.56540291904139
29.
1.C.2.0.5 Nonlife
insurance claims

1.C.2.0.6 Current
international
cooperation

1.C.2.0.7
Miscellaneous
current transfers

Of which:1.C.2.0.7.1
Current transfers to
NPISHs

1.C.3 Adjustment for
change in pension
entitlements

2 Capital account

Capital account
balance (+ Surplus;
- Deficit)

2.1 Gross
acquisitions /
disposals of
nonproduced
nonfinancial assets
2.2 Capital transfers

2.2.1 General
government

2.2.1.1 Debt
forgiveness
2.2.1.2 Other capital
transfers
Of which:2.2.1.2.1
Capital taxes
2.2.2 Financial
corporations,
nonfinancial
corporations,
households, and
NPISHs

2.2.2.1 Debt
forgiveness
2.2.2.2 Other capital
transfers
Of which: 2.2.2.2.1
Capital taxes
n.a
n.a
Of which: 2.2.2.0.1
Between households
Of which:
for each item in
capital transfers:
Transfers to NPISHs
Net lending (+) /
net borrowing (-)
(Balance from
current and capital
accounts)

15438.642533965307

Net acquisition of
financial assets
Net incurrence of
liabilities
Net
fina
3 Financial account
7664.9487806313518
6637.0356229810013

Net lending / net
borrowing (from
financial account)
(+ net lending; - net
borrowing)
1027.9131576503505

3.1 Direct
investment
1435.2036366945069
3064.1689044533332

3.1.1 Equity and
investment fund
shares
1435.2036366945069
3059.9489044533334

3.1.1.1 Equity other
than reinvestment of
earnings
1407.6076
921.92990445333317

3.1.1.1.1 Direct
investor in direct
investment
enterprises
1407.6076
921.92990445333317

3.1.1.1.2 Direct
investment
enterprises in direct
investor (reverse
investment)

3.1.1.1.3 Between
fellow enterprises

3.1.1.1.3.1 if
ultimate controlling
parent is resident

3.1.1.1.3.2 if
ultimate controlling
parent is nonresident

3.1.1.1.3.3 if
ultimate controlling
parent is unknown

3.1.1.2 Reinvestment
of earnings
27.596036694506871
2138.0190000000002
34.
Of which: 3.1.1.0.1
Investment fund
shares/units

Of which: 3.1.1.0.1.1
Money market fund
shares/units

3.1.2 Debt
instruments

4.2200000000000006

3.1.2.1 Direct
investor in direct
investment
enterprises

4.2200000000000006

3.1.2.2 Direct
investment
enterprises in direct
investor (reverse
investment)

3.1.2.3 Between
fellow enterprises

3.1.2.3.1 if ultimate
controlling parent is
resident

3.1.2.3.2 if ultimate
controlling parent is
nonresident

3.1.2.3.3 if ultimate
controlling parent is
unknown

Of which: 3.1.2.0
Debt securities

3.1.2.0.1 Direct
investor in direct
investment
enterprises

3.1.2.0.2 Direct
investment
enterprises in direct
investor (reverse
investment)

3.1.2.0.3 Between
fellow enterprises

3.1.2.0.3.1 if
ultimate controlling
parent is resident

3.1.2.0.3.2 if
ultimate controlling
parent is nonresident

3.1.2.0.3.3 if
ultimate controlling
parent is unknown

Table D.2.1.4B
Balance of Payments
BPM6 Compilation
(US$' Billion)

Net acquisition of
financial assets
Net incurrence of
liabilities
Net
fina
3.2 Portfolio
investment
1676.4974999999999
2535.198173503527

3.2.1 Equity and
investment fund
shares
1341.1979999999999
476.61949999999888

3.2.1.1 Central bank n.a

n.a
3.2.1.1.9 Monetary
authorities
n.a

n.a
3.2.1.2 Deposittaking corporations,
except the central
bank

3.2.1.3 General
government
n.a

n.a
3.2.1.4 Other sectors 1341.1979999999999
476.61949999999888

3.2.1.4.1 Other
financial
corporations

3.2.1.4.2
Nonfinancial
corporations,
households, and
NPISHs
1341.1979999999999
476.61949999999888

3.2.1.0.1 Equity
securities other than
investment fund
shares

3.2.1.0.1.1 Listed

3.2.1.0.1.2 Unlisted

3.2.1.0.2 Investment
fund shares/units

Of which: 3.2.1.0.2.1
Reinvestment of
earnings

Of which:
3.2.1.0.2.0.1 Money
market fund shares/
units

3.2.2 Debt securities 335.29949999999997
3011.8176735035258
35.
3.2.2.1 Central bank 0

3.2.2.1.1 Short-term

3.2.2.1.2 Long-term

3.2.2.1.9 Monetary
authorities

3.2.1.1.9.1 Shortterm

3.2.1.1.9.2 Longterm

3.2.2.2 Deposittaking corporations,
except the central
bank

571.61

3.2.2.2.1 Short-term

571.61

3.2.2.2.2 Long-term

3.2.2.3 General
government

1745.473673503526

3.2.2.3.1 Short-term

3.2.2.3.2 Long-term

1745.473673503526

3.2.2.4 Other sectors 335.29949999999997
694.73400000000015
35.
3.2.2.4.0.1 Shortterm
335.29949999999997

35.
3.2.2.4.0.2 Longterm

694.73400000000015

3.2.2.4.1 Other
financial
corporations

3.2.2.4.1.1 Shortterm

3.2.2.4.1.2 Longterm

3.2.2.4.2
Nonfinancial
corporations,
households, and
NPISHs
335.29949999999997
694.73400000000015
35.
3.2.2.4.2.1 Shortterm
335.29949999999997

35.
3.2.2.4.2.2 Longterm

694.73400000000015

3.3 Financial
derivatives (other
than reserves) and
employee stock
options

3.3.1 Central bank

3.3.1.9 Monetary
authorities

3.3.2 Deposit-taking
corporations, except
the central bank

3.3.3 General
government

3.3.4 Other sectors

3.3.4.1 Other
financial
corporations

3.3.4.2 Nonfinancial
corporations,
households, and
NPISHs

3.3.0.1 Financial
derivatives

3.3.0.1.1 Options

3.3.0.1.2 Forwardtype contracts

3.3.0.2.Employee
stock options

3.4 Other investment 10406.741538736846
1037.6685450241414

3.4.1 Other equity

3.4.2 Currency and
deposits
4241.4278270853574
746.00674461989456
-29
3.4.2.1 Central bank 0

3.4.2.1.1 Short-term

3.4.2.1.2 Long-term

3.4.2.1.9 Monetary
authorities

3.4.2.1.9.1 Shortterm

3.4.2.1.9.2 Longterm

3.4.2.2 Deposittaking corporations,
except the central
bank
-4463.8449696346397
746.00674461989456
-12
3.4.2.2.0.1 Of which:
Interbank positions

3.4.2.2.1 Short-term
-4463.8449696346397
746.00674461989456
-12
3.4.2.2.2 Long-term

3.4.2.3 General
government
-1350.8517433800002

-99
3.4.2.3.1 Short-term
-1350.8517433800002

-99
3.4.2.3.2 Long-term

3.4.2.4 Other sectors 10056.124540099998

-15
3.4.2.4.0.1 Shortterm
10056.124540099998

-15
3.4.2.4.0.2 Longterm

3.4.2.4.1 Other
financial
corporations

3.4.2.4.1.1 Shortterm

3.4.2.4.1.2 Longterm

3.4.2.4.2
Nonfinancial
corporations,
households, and
NPISHs
10056.124540099998
n.a
-15
3.4.2.4.2.1 Shortterm
10056.124540099998
n.a
-15
3.4.2.4.2.2 Longterm

n.a

3.4.3 Loans
-717.84706666666671
291.66180040424683

3.4.3.1 Central bank 0

3.4.3.1.1 Credit and
loans with the IMF
(other than reserves)

3.4.3.1.2 Other
short-term

3.4.3.1.3 Other longterm

Table D.2.1.4B
Balance of Payments
BPM6 Compilation
(US$' Billion)

Net acquisition of
financial assets
Net incurrence of
liabilities
Net
fina
3.4.3.1.9 Monetary
authorities

3.4.3.1.9.1 Credit
and loans with the
IMF (other than
reserves)

3.4.3.1.9.2 Other
short-term

3.4.3.1.9.3 Other
long-term

3.4.3.2 Deposittaking corporations,
except the central
bank

697.51880040424658

3.4.3.2.1 Short-term

697.51880040424658

3.4.3.2.2 Long-term

3.4.3.3 General
government

1009.78

3.4.3.3.1 Credit and
loans with the IMF
(other than reserves)

3.4.3.3.2 Other
short-term

3.4.3.3.3 Other longterm

1009.78

3.4.3.4 Other sectors -717.84706666666671
1415.6369999999997

3.4.3.4.0.1 Shortterm

3.4.3.4.0.2 Longterm
-717.84706666666671
1415.6369999999997

3.4.3.4.1 Other
financial
corporations

3.4.2.4.1.1 Shortterm

3.4.2.4.1.2 Longterm

3.4.3.4.2
Nonfinancial
corporations,
households, and
NPISHs
-717.84706666666671
1415.6369999999997

3.4.3.4.2.1 Shortterm

3.4.3.4.2.2 Longterm
-717.84706666666671
1415.6369999999997

3.4.4 Insurance,
pension, and
standardized
guarantee schemes

3.4.4.1 Central bank 0

3.4.4.1.9 Monetary
authorities

3.4.4.2 Deposittaking corporations,
except the central
bank

3.4.4.3 General
government

3.4.4.4 Other sectors 0

3.4.4.4.1 Other
financial
corporations

3.4.4.4.2
Nonfinancial
corporations,
households, and
NPISHs

3.4.4.0.1 Nonlife
insurance technical
reserves

3.4.4.0.2 Life
insurance and
annuity entitlements

3.4.4.0.3 Pension
entitlements

3.4.4.0.4 Claims of
pension funds on
pension managers

3.4.4.0.5
Entitlements to
nonpension benefits

3.4.4.0.6 Provisions
for calls under
standardized
guarantees

3.4.5 Trade credit
and advances
6883.1607783181553

3.4.5.1 Central bank 0

3.4.5.1.1 Short-term

3.4.5.1.2 Long-term

3.4.5.1.9 Monetary
authorities

3.4.5.1.9.1 Shortterm

3.4.5.1.9.2 Longterm

3.4.5.2 General
government
3785.7384280749857

3.4.5.2.1 Short-term
3785.7384280749857

3.4.5.2.2 Long-term

3.4.5.3 Deposittaking corporations

3.4.5.3.1 Short-term

3.4.5.3.2 Long-term

3.4.5.4 Other sectors 3097.4223502431701

3.4.5.4.0.1 Shortterm
3097.4223502431701

3.4.5.4.0.2 Longterm

3.4.5.4.1 Other
financial
corporations

3.4.5.4.1.1 Shortterm

3.4.5.4.1.2 Longterm

3.4.5.4.2
Nonfinancial
corporations,
households, and
NPISHs
3097.4223502431701

3.4.5.4.2.1 Shortterm
3097.4223502431701

3.4.5.4.2.2 Longterm

3.4.6 Other accounts
receivable/payable
—other

3.4.6.1 Central bank 0

3.4.6.1.1 Short-term

3.4.6.1.2 Long-term

3.4.6.1.9 Monetary
authorities

3.4.6.1.9.1 Shortterm

3.4.6.1.9.2 Longterm

3.4.6.2 Deposittaking corporations,
except the central
bank

3.4.6.2.1 Short-term

3.4.6.2.2 Long-term

3.4.6.3 General
government

3.4.6.3.1 Short-term

3.4.6.3.2 Long-term

3.4.6.4 Other sectors 0

3.4.6.4.0.1 Shortterm

3.4.6.4.0.2 Longterm

3.4.6.4.1 Other
financial
corporations

3.4.6.4.1.1 Shortterm

3.4.6.4.1.2 Longterm

3.4.6.4.2
Nonfinancial
corporations,
households, and
NPISHs

3.4.6.4.2.1 Shortterm

3.4.6.4.2.2 Longterm

3.4.7 Special
drawing rights
n.a
n.a
Table D.2.1.4B
Balance of Payments
BPM6 Compilation
(US$' Billion)

Net acquisition of
financial assets
Net incurrence of
liabilities
Net
fina
3.5 Reserve assets
-5853.4938948000017
n.a
-98
3.5.1 Monetary gold 0
n.a

3.5.1.1 Gold bullion

n.a

3.5.1.2 Unallocated
gold accounts

n.a

3.5.2 Special
drawing rights

n.a

3.5.3 Reserve
position in the IMF

n.a

3.5.4 Other reserve
assets
-5853.4938948000017
n.a
-98
3.5.4.1 Currency and
deposits
-5853.4938948000017
n.a
-98
3.5.4.1.1 Claims on
monetary authorities
-5853.4938948000017
n.a
-98
3.5.4.1.2 Claims on
other entities

n.a

3.5.4.2 Securities

n.a

3.5.4.2.1 Debt
securities

n.a

3.5.4.2.1.1 Shortterm

n.a

3.5.4.2.1.2 Longterm

n.a

3.5.4.2.2 Equity and
investment fund
shares

n.a

3.5.4.3 Financial
derivatives

n.a

3.5.4.4 Other claims 0

3 Total assets/
liabilities
6947.1017139646847
6928.6974233852479

Of which: (by
instrument):

3.0.1 Equity and
investment fund
shares

3.0.1.1 Equity

3.0.1.2 Investment
fund shares

3.0.2 Debt
instruments

3.0.2.1 Special
drawing rights

3.0.2.2 Currency and
deposits

3.0.2.3 Debt
securities

3.0.2.4 Loans

3.0.2.5 Insurance,
pension, and
standardized
guarantee schemes

3.0.2.6 Other
accounts receivable/
payable

3.0.3 Other financial
assets and liabilities

3.0.3.1 Monetary
gold

n.a

3.0.3.2 Financial
derivatives and ESOs

Credits
Debits
Cre
Net errors and
omissions
16466.555691615657

Memorandum Items

Current Account
Balance as % of GDP
-3.1871790336018759
0.6
Capital and Financial
Account Balance as
% of GDP
-0.21220410131390258
0.7
Overall Balance as %
of GDP
-1.208405011890088
-0.2
External Reserves -
Stock (US$' Billion)
28.28482
26.
Number of Months
of Imports
Equivalent
6.4855145364511992
9.1
External Debt Stock
(US$' Billion)
10.718431494799999
11.
Effective Central
Exchange Rate (N/$)
196.48650000000001

End-Period Exchange
Rate (N/$)

Exceptional
Financing
1. Current and/or
capital transfers

1.1 Debt forgiveness 0

1.2 Other
intergovernmental
grants

1.3 Grants received
from IMF subsidy
accounts

2. Direct investment

2.1 Equity
investment
associated with debt
reduction

2.2 Debt instruments 0

3. Portfolio
investment—
liabilities

4. Other investment
—liabilities

4.1 Drawings on new
loans by authorities
or by other sectors
on behalf of
authorities

4.2 Rescheduling of
existing debt

5.Arrears

5.1 Accumulation of
arrears

5.1.1 Principal on
short-term debt

5.1.2 Principal on
long-term debt

5.1.3 Original
interest

5.1.4 Penalty
interest

5.2 Repayment of
arrears

5.2.1 Principal

5.2.2 Interest

5.3 Rescheduling of
arrears

5.3.1 Principal

5.3.2 Interest

5.4 Cancellation of
arrears

5.4.1 Principal

5.4.2 Interest

Source: Central Bank
of Nigeria
Notes: 1Revised
2Provisional
Return to
Menu
Table
D.2.2.1:
International
Investment
Position of
Nigeria (₦'
Billion)
Type of
Asset/
Liability

Net
international
investment
position of
Nigeria
-2859.2378615399994
709.21602053116294
1036.56
ASSETS
5396.3313171600003
7759.720232931164
8907.35
Direct
investment
abroad
39.347579999999994
80.102049600000015
177.712
Equity
Capital and
Reinvested
Earnings
39.347579999999994
80.102049600000015
177.712
Other
Capital

Portfolio
investment
abroad
367.83134045999998
557.87367977999997
732.395
Equity
Securities
331.79879407499999
503.22469522499995
665.805
Monetary
Authority

General
Government

Banks
331.79879407499999
503.22469522499995
665.805
Other Sector 0

Debt
Securities
36.032546385000003
54.648984555000013
66.5901
Bonds and
Notes

Monetary
Authority

General
Government

Banks

Other Sector 0

Money
Market
36.032546385000003
54.648984555000013
66.5901
Monetary
Authority

General
Government

Banks
36.032546385000003
54.648984555000013
66.5901
Other Sector 0

Financial
Derivatives

Monetary
Authority

General
Government

Banks

Other Sector 0

Other Assets 1331.0300333999999
1696.1659338511631
1941.47
Trade Credit 423.0359952
602.45981870000003
213.828
Monetary
Authority

General
Government

Banks

Other Sector 423.0359952
602.45981870000003
213.828
Loans
120.49349489999999
134.80150839999999
137.752
Monetary
Authority

Long-term

Short-term

General
Government

Long-term

Short-term

Banks
120.49349489999999
134.80150839999999
137.752
Long-term

Short-term
120.49349489999999
134.80150839999999
137.752
Other Sector 0

Long-term

Short-term

Currency
and Deposits
787.50054329999989
958.90460675116287
1589.89
Monetary
Authority

General
Government
112.7425428
95.627850400000028
238.223
Banks
463.23869999999999
638.1051848511629
930.748
Other Sector 211.51930049999999
225.17157150000003
420.919
Reserve
Assets
3658.1223633
5425.578569700001
6055.77
Gold

Special
Drawing
Rights
5.3418899999999991E-2 5.3873400000000002E-2 9.43760
Reserve
Position in
the Fund
(IMF)

Foreign
Exchange
3658.0689444
5425.5246963000009
6055.67

LIABILITIES 8255.5691786999996
7050.5042124000001
7870.78
Direct
investment
in Reporting
Economy
3432.4900499999999
4007.5152387000007
4403.76
Equity
Capital and
Reinvested
Earnings
3260.8655475
3838.5515812000003
4243.88
Other
Capital
171.62450250000001
168.96365750000001
159.882
Portfolio
investment
in Reporting
Economy
896.08250399999997
1244.6281812999998
1459.13
Equity
Securities
462.52949999999998
684.32045000000005
801.545
Monetary
Authority

General
Government

Banks

Other Sector 462.52949999999998
684.32045000000005
801.545
Debt
Securities
433.55300399999993
560.3077313
657.588
Bonds and
Notes
399.07826999999997
522.66176900000005
605.515
Monetary
Authority

General
Government
399.07826999999997
522.66176900000005
605.515
Banks

Other Sector 0

Money
Market
34.474734000000005
37.645962300000008
52.0731
Monetary
Authority

General
Government

Banks
34.474734000000005
37.645962300000008
52.0731
Other Sector 0

Financial
Derivatives

Monetary
Authority

General
Government

Banks

Other Sector 0

Other
Liabilities
3926.9966246999998
1798.3607924000003
2007.88
Trade Credit 0

Monetary
Authority

General
Government

Banks

Other Sector 0

Loans
3209.2290146999999
1078.2235103000003
1245.30
Monetary
Authority

Long-term

Short-term

General
Government
2667.8440979999996
519.00607400000013
416.811
Long-term
2667.8440979999996
519.00607400000013
416.811
Short-term

Banks
128.3656167
139.10368420000003
291.233
Long-term
128.3656167
139.10368420000003
291.233
Short-term

Other Sector 413.01929999999999
420.11375210000006
537.258
Long-term
413.01929999999999
420.11375210000006
537.258
Short-term

Currency
and Deposits
717.76760999999999
720.13728209999999
762.585
Monetary
Authority

General
Government

Banks
717.76760999999999
720.13728209999999
762.585
Other Sector 0

Source:
Central Bank
of Nigeria
Notes:
1Revised
2Provisional
Return to
Menu
Table
D.2.2.2:
International
Investment
Position
(US$'
Million)
Type of
Asset/
Liability

Net
international
investment
position of
Nigeria
-21945.182758001378 5529.087241998619
8786.6672419
ASSETS
41417.847241998621 60495.207241998622 75505.237241
Direct
investment
abroad

624.48
1506.42
Equity
Capital and
Reinvested
Earnings

624.48
1506.42
Other
Capital

Portfolio
investment
abroad
2823.174
4349.2139999999999 6208.3240000
Equity
Securities
2546.6174999999998 3923.1674999999996 5643.8575000
Monetary
Authority

General
Government

Banks
2546.6174999999998 3923.1674999999996 5643.8575000
Other Sector 0

Debt
Securities
276.55650000000003 426.04650000000004 564.4665
Bonds and
Notes

Monetary
Authority

General
Government

Banks

Other Sector 0

Money
Market
276.55650000000003 426.04650000000004 564.4665
Monetary
Authority

General
Government

Banks
276.55650000000003 426.04650000000004 564.4665
Other Sector 0

Financial
Derivatives

Monetary
Authority

General
Government

Banks

Other Sector 0

Other Assets 10215.903241998618 13223.40324199862
16457.343241
Trade Credit 3246.88
4696.8100000000004 1812.57
Monetary
Authority

General
Government

Banks

Other Sector 3246.88
4696.8100000000004 1812.57
Loans
924.81
1050.9199999999998 1167.6899999
Monetary
Authority

Long-term

Short-term

General
Government

Long-term

Short-term

Banks
924.81
1050.9199999999998 1167.6899999
Long-term

Short-term
924.81
1050.9199999999998 1167.6899999
Other Sector 0

Long-term

Short-term

Currency
and Deposits
6044.2132419986183 7475.6732419986192 13477.083241
Monetary
Authority

General
Government
865.32
745.5200000000001
2019.3600000
Banks
3555.4432419986188 4974.703241998619
7889.7032419
Other Sector 1623.45
1755.45
3568.02
Reserve
Assets
28076.77
42298.11
51333.15
Gold

Special
Drawing
Rights
0.41
0.42
0.8
Reserve
Position in
the Fund
(IMF)

Foreign
Exchange
28076.36
42297.69
51332.35

LIABILITIES 63363.03
54966.12
66718.569999
Direct
investment
in Reporting
Economy
26345
31242.81
37329.54
Equity
Capital and
Reinvested
Earnings
25027.75
29925.56
35974.26
Other
Capital
1317.25
1317.25
1355.28
Portfolio
investment
in Reporting
Economy
6877.6
9703.1899999999987 12368.689999
Equity
Securities

6794.49
Monetary
Authority

General
Government

Banks

Other Sector 3550

6794.49
Debt
Securities
3327.6
4368.1899999999996 5574.2
Bonds and
Notes

4074.7
5132.79
Monetary
Authority

General
Government

4074.7
5132.79
Banks

Other Sector 0

Money
Market
264.60000000000002 293.49
441.40999999
Monetary
Authority

General
Government

Banks
264.60000000000002 293.49
441.40999999
Other Sector 0

Financial
Derivatives

Monetary
Authority

General
Government

Banks

Other Sector 0

Other
Liabilities
30140.43
14020.12
17020.34
Trade Credit 0

Monetary
Authority

General
Government

Banks

Other Sector 0

Loans
24631.43
8405.8900000000012 10556.11
Monetary
Authority

Long-term

Short-term

General
Government
20476.2
4046.2000000000007 3533.2000000
Long-term
20476.2
4046.2000000000007 3533.2000000
Short-term

Banks
985.23
1084.46
2468.71
Long-term
985.23
1084.46
2468.71
Short-term

Other Sector 3170
3275.23
4554.2
Long-term

3275.23
4554.2
Short-term

Currency
and Deposits

5614.23
6464.23
Monetary
Authority

General
Government

Banks

5614.23
6464.23
Other Sector 0

Source:
Central Bank
of Nigeria
Notes:
1Revised
2Provisional
Return to
Menu
Table D.2.2.3A
International
Investment
Position -
BPM6 (US$'
Billion)

2016 1
Assets
Liabilities
Assets
Net
International
Investment
Position

8263.7990244742105 0
1 Direct
investment
2297.9000060254702 17633.006748324733 3958.251951
1.1 Equity and
investment
fund shares
2297.9000060254702 12267.655589733577 3958.251951
1.1.1 Direct
investor in
direct
investment
enterprises
2297.9000060254702 11493.22459904748
3958.251951
1.1.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.1.3 Between
fellow
enterprises

774.43099068609706 0
1.1.3.1 if
ultimate
controlling
parent is
resident

1.1.3.2 if
ultimate
controlling
parent is
nonresident

774.43099068609706 0
1.1.3.3 if
ultimate
controlling
parent is
unknown

Of which:
1.1.0.1
Investment
fund shares/
units

Of which:
1.1.0.1.1
Money market
fund shares/
units

1.2 Debt
instruments

5365.3511585911565 0
1.2.1 Direct
investor in
direct
investment
enterprises

3173.3946967201132 0
1.2.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.2.0.1.3
Between fellow
enterprises

2191.9564618710433 0
1.2.3.1 if
ultimate
controlling
parent is
resident

1.2.3.2 if
ultimate
controlling
parent is
nonresident

2191.9564618710433 0
1.2.3.3 if
ultimate
controlling
parent is
unknown

Of which:
1.2.0.1 Debt
securities

1.2.0.1.1
Direct investor
in direct
investment
enterprises

1.2.0.1.2
Direct
investment
enterprises in
direct investor
(reverse
investment)

1.2.0.1.3
Between fellow
enterprises

1.2.0.1.3.1 if
ultimate
controlling
parent is
resident

1.2.0.1.3.2 if
ultimate
controlling
parent is
nonresident

1.2.0.1.3.3 if
ultimate
controlling
parent is
unknown

2 Portfolio
investment
4914.3636143124422 12181.072645251703 7669.412280
2.1 Equity and
investment
fund shares
4245.5743299499536 5361.4319381473915 6622.239275
2.1.1 Central
bank

n.a.

2.1.1.9
Monetary
authorities

n.a.

2.1.2 Deposittaking
corporations,
except the
central bank
4245.5743299499536 0
6622.239275
2.1.3 General
government

n.a.

2.1.4 Other
sectors

5361.4319381473915 0
2.1.4.1 Other
financial
corporations

2.1.4.2
Nonfinancial
corporations,
households,
and NPISHs

5361.4319381473915 0
2.1.0.1 Equity
securities other
than
investment
fund shares/
units

5361.4319381473915 0
2.1.0.1.1 Listed 0
5361.4319381473915 0
2.1.0.1.2
Unlisted

2.1.0.2
Investment
fund shares/
units

Of which:
2.1.0.2.1
Money market
fund shares/
units

2.2 Debt
securities
668.78928436248827 6819.6407071043104 1047.173005
2.2.1 Central
bank

2.2.1.1 Shortterm

2.2.1.2 Longterm

2.2.1.9
Monetary
authorities

2.1.1.9.1
Short-term

2.1.1.9.2 Longterm

2.2.2 Deposittaking
corporations,
except the
central bank
668.78928436248827 1359.3354863145598 1047.173005
2.2.2.1 Shortterm
668.78928436248827 1359.3354863145598 1047.173005
2.2.2.2 Longterm

2.2.3 General
government

5460.3052207897508 0
2.2.3.1 Shortterm

2.2.3.2 Longterm

5460.3052207897508 0
2.2.4 Other
sectors

2.2.4.0.1
Short-term

2.2.4.0.2 Longterm

2.2.4.1 Other
financial
corporations

2.2.4.1.1
Short-term

2.2.4.1.2 Longterm

2.2.4.2
Nonfinancial
corporations,
households,
and NPISHs

2.2.4.2.1
Short-term

2.2.4.2.2 Longterm

3 Financial
derivatives
(other than
reserves) and
employee stock
options

3.1 Central
bank

3.1.9 Monetary
authorities

3.2 Deposittaking
corporations,
except the
central bank

3.3 General
government

3.4 Other
sectors

3.4.1 Other
financial
corporations

3.4.2
Nonfinancial
corporations,
households,
and NPISHs

3.0.1 Financial
derivatives
(other than
reserves)

3.0.1.1 Options 0

3.0.1.2
Forward-type
contracts

3.0.2.Employee
stock options

4 Other
investment
16450.171278176491 7300.1172822572053 23596.74294
4.1 Other
equity

4.2 Currency
and deposits
12239.235759406913 2371.6053477165169 18056.53431
4.2.1 Central
bank

4.2.1.0.1
Short-term

4.2.1.0.2 Longterm

4.2.1.9
Monetary
authorities
(where
relevant)

4.2.1.9.1
Short-term

4.2.1.9.2 Longterm

4.2.2 Deposittaking
corporations,
except the
central bank
1422.5648236143081 2371.6053477165169 1811.530680
4.2.2.1 Shortterm
1422.5648236143081 2371.6053477165169 1811.530680
4.2.2.2 Longterm

4.2.3 General
government
1687.7457486629548 0
2584.960626
4.2.3.1 Shortterm
1687.7457486629548 0
2584.960626
4.2.3.2 Longterm

4.2.4 Other
sectors
9128.925187129651

13660.04300
4.2.4.0.1
Short-term
9128.925187129651

13660.04300
4.2.4.0.2 Longterm

4.2.4.1 Other
financial
corporations

4.2.4.1.1
Short-term

4.2.4.1.2 Longterm

4.2.4.2
Nonfinancial
corporations,
households,
and NPISHs
n.a.
n.a.
n.a.
4.2.4.2.1
Short-term
n.a.
n.a.
n.a.
4.2.4.2.2 Longterm
n.a.
n.a.
n.a.
4.3 Loans
2728.6987045892852 4928.5119345406883 3803.112271
4.3.1 Central
bank

4.3.1.1 Credit
and loans with
the IMF (other
than reserves)

4.3.1.2 Other
short-term

4.3.1.3 Other
long-term

4.3.1.9
Monetary
authorities
(where
relevant)

4.3.1.9.1
Credit and
loans with the
IMF (other
than reserves)

4.3.1.9.2 Other
short-term

4.3.1.9.3 Other
long-term

4.3.2 Deposittaking
corporations,
except the
central bank
612.87905958928491 1337.8028853124886 785.0328123
4.3.2.1 Shortterm

4.3.2.2 Longterm
612.87905958928491 1337.8028853124886 785.0328123
4.3.3 General
government

2106.1717887281998 0
4.3.3.1 Credit
and loans with
the IMF (other
than reserves)

4.3.3.2 Other
short-term

4.3.3.3 Other
long-term

2106.1717887281998 0
Table D.2.2.3A
International
Investment
Position -
BPM6 (US$'
Billion)

2016 1
Assets
Liabilities
Assets
4.3.4 Other
sectors

Short-term

4.3.4.0.2 Longterm
2115.819645
1484.5372605
3018.079459
4.3.4.1 Other
financial
corporations

4.2.4.1.1
Short-term

4.2.4.1.2 Longterm

4.3.4.2
Nonfinancial
corporations,
households,
and NPISHs

1484.5372605
3018.079459
4.3.4.2.1
Short-term

4.3.4.2.2 Longterm

1484.5372605
3018.079459
4.4 Insurance,
pension, and
standardized
guarantee
schemes

4.4.1 Central
bank

4.4.1.9
Monetary
authorities

4.4.2 Deposittaking
corporations,
except the
central bank

4.4.3 General
government

4.4.4 Other
sectors

4.4.4.1 Other
financial
corporations

4.4.4.2
Nonfinancial
corporations,
households,
and NPISHs

4.4.0.1 Nonlife
insurance
technical
reserves

4.4.0.2 Life
insurance and
annuity
entitlements

4.4.0.3 Pension
entitlements

4.4.0.4 Claims
of pension
funds on
pension
managers

4.4.0.5
Entitlements to
nonpension
benefits

4.4.0.6
Provisions for
calls under
standardized
guarantees

4.5 Trade
credit and
advances
1482.2368141802931 0
1737.096355
4.5.1 Central
bank

4.5.1.1 Shortterm

4.5.1.2 Longterm

4.5.1.9
Monetary
authorities

4.5.1.9.1
Short-term

4.5.1.9.2 Longterm

4.5.2 General
government

4.5.2.1 Shortterm

4.5.2.2 Longterm

4.5.3 Deposittaking
corporations

4.5.3.1 Shortterm

4.5.3.2 Longterm

4.5.4 Other
sectors
1482.2368141802931 0
1737.096355
4.5.4.0.1
Short-term
1482.2368141802931 0
1737.096355
4.5.4.0.2 Longterm

4.5.4.1 Other
financial
corporations

4.5.4.1.1
Short-term

4.5.4.1.2 Longterm

4.5.4.2
Nonfinancial
corporations,
households,
and NPISHs
1482.2368141802931 0
1737.096355
4.5.4.2.1
Short-term
1482.2368141802931 0
1737.096355
4.5.4.2.2 Longterm

4.6 Other
accounts
receivable/
payable—other

4.6.1 Central
bank

4.6.1.1 Shortterm

4.6.1.2 Longterm

4.6.1.9
Monetary
authorities

4.6.1.9.1
Short-term

4.6.1.9.2 Longterm

4.6.2 Deposittaking
corporations,
except the
central bank

4.6.2.1 Shortterm

4.6.2.2 Longterm

4.6.3 General
government

4.6.3.1 Shortterm

4.6.3.2 Longterm

4.6.4 Other
sectors

4.6.4.0.1
Short-term

4.6.4.0.2 Longterm

4.6.4.1 Other
financial
corporations

4.6.4.1.1
Short-term

4.6.4.1.2 Longterm

4.6.4.2
Nonfinancial
corporations,
households,
and NPISHs

4.6.4.2.1
Short-term

4.6.4.2.2 Longterm

4.7 Special
drawing rights
n.a.

n.a.
5 Reserve
assets
5558.5219563901046
8218.631065
5.1 Monetary
gold

5.1.1 Gold
bullion

5.1.2
Unallocated
gold accounts

5.2 Special
drawing rights
456.48009032820011
611.9296511
5.3 Reserve
position in the
IMF

5.4 Other
reserve assets
5102.0418660619043
7606.701414
5.4.1 Currency
and deposits
4747.5684492164692
6898.147698
5.4.1.1 Claims
on monetary
authorities

5.4.1.2 Claims
on other
entities
4747.5684492164692
6898.147698
5.4.2 Securities 354.47341684543505
708.5537161
5.4.2.1 Debt
securities
354.47341684543505
708.5537161
5.4.2.1.1
Short-term

5.4.2.1.2 Longterm
354.47341684543505
708.5537161
5.4.2.2 Equity
and investment
fund shares

of which:
5.4.2.0.1
Securities
under repo for
cash collateral

5.4.3 Financial
derivatives

5.4.4 Other
claims

Total assets/
liabilities
28850.397651359432 37114.196675833642 43443.03823
Of which: (by
instrument):

0.1 Equity and
investment
fund shares

0.1.1 Equity

0.1.2
Investment
fund shares

0.2 Debt
instruments

0.2.1 Special
drawing rights

0.2.2 Currency
and deposits

0.2.3 Debt
securities

0.2.4 Loans

0.2.5
Insurance,
pension, and
standardized
guarantee
schemes

0.2.6 Other
accounts
receivable/
payable

0.3 Other
financial assets
and liabilities

0.3.1 Monetary
gold

n.a.

0.3.2 Financial
derivatives and
ESOs

Source: Central
Bank of
Nigeria
Notes:
1Revised
2Provisional
Return to
Menu
Table D.2.2.3B
International
Investment
Position -
BPM6 (₦'
Billion)

2016 1
Assets
Liabilities
Assets
Net
International
Investment
Position

42054.956867553235 0
1 Direct
investment
11694.147613361172 89735.403299362515 12999.18539
1.1 Equity and
investment
fund shares
11694.147613361172 62430.817250552551 12999.18539
1.1.1 Direct
investor in
direct
investment
enterprises
11694.147613361172 58489.69261601771
12999.18539
1.1.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.1.3 Between
fellow
enterprises

1.1.3.1 if
ultimate
controlling
parent is
resident

1.1.3.2 if
ultimate
controlling
parent is
nonresident

3941.124634534845

1.1.3.3 if
ultimate
controlling
parent is
unknown

Of which:
1.1.0.1
Investment
fund shares/
units

Of which:
1.1.0.1.1
Money market
fund shares/
units

1.2 Debt
instruments

27304.586048809957 0
1.2.1 Direct
investor in
direct
investment
enterprises

16149.591331908972
1.2.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.2.0.1.3
Between fellow
enterprises

11154.994716900985 0
1.2.3.1 if
ultimate
controlling
parent is
resident

1.2.3.2 if
ultimate
controlling
parent is
nonresident

11154.994716900985 0
1.2.3.3 if
ultimate
controlling
parent is
unknown

Of which:
1.2.0.1 Debt
securities

1.2.0.1.1
Direct investor
in direct
investment
enterprises

1.2.0.1.2
Direct
investment
enterprises in
direct investor
(reverse
investment)

1.2.0.1.3
Between fellow
enterprises

1.2.0.1.3.1 if
ultimate
controlling
parent is
resident

1.2.0.1.3.2 if
ultimate
controlling
parent is
nonresident

1.2.0.1.3.3 if
ultimate
controlling
parent is
unknown

2 Portfolio
investment
25009.484042302505 61990.191578889069 25186.90404
2.1 Equity and
investment
fund shares
21605.976233842004 27284.640906602501 21747.91223
2.1.1 Central
bank

n.a.
2.1.1.9
Monetary
authorities

n.a.

2.1.2 Deposittaking
corporations,
except the
central bank
21605.976233842004 0
21747.91223
2.1.3 General
government

n.a.

2.1.4 Other
sectors

27284.640906602501 0
2.1.4.1 Other
financial
corporations

2.1.4.2
Nonfinancial
corporations,
households,
and NPISHs

27284.640906602501 0
2.1.0.1 Equity
securities other
than
investment
fund shares/
units

27284.640906602501 0
2.1.0.1.1 Listed 0
27284.640906602501 0
2.1.0.1.2
Unlisted

2.1.0.2
Investment
fund shares/
units

Of which:
2.1.0.2.1
Money market
fund shares/
units

2.2 Debt
securities
3403.5078084605002 34705.550672286568 3438.991808
2.2.1 Central
bank

2.2.1.1 Shortterm

2.2.1.2 Longterm

2.2.1.9
Monetary
authorities

2.1.1.9.1
Short-term

2.1.1.9.2 Longterm

2.2.2 Deposittaking
corporations,
except the
central bank
3403.5078084605002 6917.7378438399992 3438.991808
2.2.2.1 Shortterm
3403.5078084605002 6917.7378438399992 3438.991808
2.2.2.2 Longterm

2.2.3 General
government

27787.812828446571 0
2.2.3.1 Shortterm

2.2.3.2 Longterm

27787.812828446571
2.2.4 Other
sectors

2.2.4.0.1
Short-term

2.2.4.0.2 Longterm

2.2.4.1 Other
financial
corporations

2.2.4.1.1
Short-term

2.2.4.1.2 Longterm

2.2.4.2
Nonfinancial
corporations,
households,
and NPISHs

2.2.4.2.1
Short-term

2.2.4.2.2 Longterm

3 Financial
derivatives
(other than
reserves) and
employee stock
options
3.1 Central
bank
3.1.9 Monetary
authorities
3.2 Deposittaking
corporations,
except the
central bank
3.3 General
government
3.4 Other
sectors
3.4.1 Other
financial
corporations
3.4.2
Nonfinancial
corporations,
households,
and NPISHs
3.0.1 Financial
derivatives
(other than
reserves)
3.0.1.1 Options
3.0.1.2
Forward-type
contracts
3.0.2.Employee
stock options
4 Other
investment
81830.086893798565 37150.724082733868 77493.40867
4.1 Other
equity
4.2 Currency
and deposits
62286.187070773092 12069.238410771079 59298.96326
4.2.1 Central
bank

4.2.1.0.1
Short-term

4.2.1.0.2 Longterm

4.2.1.9
Monetary
authorities
(where
relevant)

4.2.1.9.1
Short-term

4.2.1.9.2 Longterm

4.2.2 Deposittaking
corporations,
except the
central bank
7239.5156418030947 12069.238410771079 5949.197635
4.2.2.1 Shortterm
7239.5156418030947 12069.238410771079 5949.197635
4.2.2.2 Longterm

4.2.3 General
government
8589.0368888699995 0
8489.197460
4.2.3.1 Shortterm
8589.0368888699995 0
8489.197460
4.2.3.2 Longterm

4.2.4 Other
sectors
46457.6345401

44860.56817
4.2.4.0.1
Short-term
46457.6345401

44860.56817
4.2.4.0.2 Longterm

4.2.4.1 Other
financial
corporations

4.2.4.1.1
Short-term

4.2.4.1.2 Longterm

4.2.4.2
Nonfinancial
corporations,
households,
and NPISHs

n.a.

4.2.4.2.1
Short-term

n.a.

4.2.4.2.2 Longterm

n.a.

4.3 Loans
13886.50740249
25081.48567196279
12489.69547
4.3.1 Central
bank

4.3.1.1 Credit
and loans with
the IMF (other
than reserves)

4.3.1.2 Other
short-term

4.3.1.3 Other
long-term

4.3.1.9
Monetary
authorities
(where
relevant)

4.3.1.9.1
Credit and
loans with the
IMF (other
than reserves)

4.3.1.9.2 Other
short-term

4.3.1.9.3 Other
long-term

4.3.2 Deposittaking
corporations,
except the
central bank
3118.9774024899998 6808.1571771627914 2578.104473
4.3.2.1 Shortterm

4.3.2.2 Longterm
3118.9774024899998 6808.1571771627914 2578.104473
4.3.3 General
government

10718.431494799999 0
4.3.3.1 Credit
and loans with
the IMF (other
than reserves)

4.3.3.2 Other
short-term

4.3.3.3 Other
long-term

10718.431494799999 0
Table D.2.2.3B
International
Investment
Position -
BPM6 (₦'
Billion)

2016 1
Assets
Liabilities
Assets
4.3.4 Other
sectors
10767.53
7554.8969999999999 9911.591000
4.3.4.0.1
Short-term

4.3.4.0.2 Longterm
10767.53
7554.8969999999999 9911.591000
4.3.4.1 Other
financial
corporations

4.2.4.1.1
Short-term

4.2.4.1.2 Longterm

4.3.4.2
Nonfinancial
corporations,
households,
and NPISHs

7554.8969999999999 9911.591000
4.3.4.2.1
Short-term

4.3.4.2.2 Longterm

7554.8969999999999 9911.591000
4.4 Insurance,
pension, and
standardized
guarantee
schemes

4.4.1 Central
bank

4.4.1.9
Monetary
authorities

4.4.2 Deposittaking
corporations,
except the
central bank

4.4.3 General
government

4.4.4 Other
sectors

4.4.4.1 Other
financial
corporations

4.4.4.2
Nonfinancial
corporations,
households,
and NPISHs

4.4.0.1 Nonlife
insurance
technical
reserves

4.4.0.2 Life
insurance and
annuity
entitlements

4.4.0.3 Pension
entitlements

4.4.0.4 Claims
of pension
funds on
pension
managers

4.4.0.5
Entitlements to
nonpension
benefits

4.4.0.6
Provisions for
calls under
standardized
guarantees

4.5 Trade
credit and
advances
5657.3924205354697 0
5704.749935
4.5.1 Central
bank

4.5.1.1 Shortterm

4.5.1.2 Longterm

4.5.1.9
Monetary
authorities

4.5.1.9.1
Short-term

4.5.1.9.2 Longterm

4.5.2 General
government

4.5.2.1 Shortterm

4.5.2.2 Longterm

4.5.3 Deposittaking
corporations

4.5.3.1 Shortterm

4.5.3.2 Longterm

4.5.4 Other
sectors
5657.3924205354697 0
5704.749935
4.5.4.0.1
Short-term
7543.1898940472929 0
5704.749935
4.5.4.0.2 Longterm

4.5.4.1 Other
financial
corporations

4.5.4.1.1
Short-term

4.5.4.1.2 Longterm

4.5.4.2
Nonfinancial
corporations,
households,
and NPISHs
7543.1898940472929 0
5704.749935
4.5.4.2.1
Short-term
7543.1898940472929 0
5704.749935
4.5.4.2.2 Longterm

4.6 Other
accounts
receivable/
payable—other

4.6.1 Central
bank

4.6.1.1 Shortterm

4.6.1.2 Longterm

4.6.1.9
Monetary
authorities

4.6.1.9.1
Short-term

4.6.1.9.2 Longterm

4.6.2 Deposittaking
corporations,
except the
central bank

4.6.2.1 Shortterm

4.6.2.2 Longterm

4.6.3 General
government

4.6.3.1 Shortterm

4.6.3.2 Longterm

4.6.4 Other
sectors

4.6.4.0.1
Short-term

4.6.4.0.2 Longterm

4.6.4.1 Other
financial
corporations

4.6.4.1.1
Short-term

4.6.4.1.2 Longterm

4.6.4.2
Nonfinancial
corporations,
households,
and NPISHs

4.6.4.2.1
Short-term

4.6.4.2.2 Longterm

4.7 Special
drawing rights
n.a.
n.a.
n.a.
5 Reserve
assets
28287.643543969996
26990.57821
5.1 Monetary
gold

5.1.1 Gold
bullion

5.1.2
Unallocated
gold accounts

5.2 Special
drawing rights
2323.0538948000003
2009.621186
5.3 Reserve
position in the
IMF

5.4 Other
reserve assets
25964.589649169997
24980.95702
5.4.1 Currency
and deposits
24160.653685579997
22654.01542
5.4.1.1 Claims
on monetary
authorities

5.4.1.2 Claims
on other
entities
24160.653685579997
22654.01542
5.4.2 Securities 1803.9359635900003
2326.941596
5.4.2.1 Debt
securities
1803.9359635900003
2326.941596
5.4.2.1.1
Short-term

5.4.2.1.2 Longterm
1803.9359635900003
2326.941596
5.4.2.2 Equity
and investment
fund shares
of which:
5.4.2.0.1
Securities
under repo for
cash collateral
5.4.3 Financial
derivatives
5.4.4 Other
claims
Total assets/
liabilities
146821.36209343222 188876.31896098546 142670.0763
Of which: (by
instrument):
0.1 Equity and
investment
fund shares
0.1.1 Equity
0.1.2
Investment
fund shares
0.2 Debt
instruments
0.2.1 Special
drawing rights
0.2.2 Currency
and deposits
0.2.3 Debt
securities
0.2.4 Loans
0.2.5
Insurance,
pension, and
standardized
guarantee
schemes
0.2.6 Other
accounts
receivable/
payable
0.3 Other
financial assets
and liabilities
0.3.1 Monetary
gold
0.3.2 Financial
derivatives and
ESOs
Source: Central
Bank of
Nigeria
Notes:
1Revised
2Provisional
Return
to Menu
Table
D.3.1:
External
Reserves
(US$'
Million)
Year
January
February
March

5177.8999999999996 5163.6000000000004 5572.1

1679.9
1726.6
977.4

1193.5999999999999 647
562.200000000000

224.4
210.8
333.1

567.1
779.4
804.3

1308.9000000000001 1320.3
1030.8

2287.019221
2558.1
9449.50514939999

7925.6614
8240.5976934999999 8555.53398700000

4310.4602199999999 4769.7824034999994 4540.12131174999

3386.7689559999999 3960.7350058112461 3770.02887948993

4003.7532310000001 4682.2814850000004 4428.32000700000

4109.6457246600003 5517.3574887000004 4109.64572443

8365.6910475000004 1016.3623656100001 9505.26121050000

7596.1677779000001 8388.8701612000004 9181.57254450000

1295.1781232799999 1217.1391484599999 8028.98856059999

1002.95246939
1437.3254842599999 1849.15064486000

4480.5192766700002 5352.1762589800001 6180.59157979999

7464.7337724199997 8402.3934511900006 8319.59567828999

6549.6
6274.9
5507.1

5789.2
6494.8
6682.8

10016.25
10787.5

9668.7800000000007 9768.4699999999993 9546.1

7134.42
7655.06
8226.16

8323.9959999999992 9352.4
9684.49

19592.64
20554.09
21807.98

31317.94
34319.11
36201.54

43510.78
42550.61
42633.86

54215.79
56908.42
59756.51

50108.65
48113.06
47081.9

42075.67
41410.1
40667.03

33131.83
33246.07
33221.8000000000

34136.57
33857.370000000003 35197.4400000000

45824.443752799998 47295.845573990002 47884.1245184799

40667.56
36923.61
37399.22

32385.71
29566.99
29357.21

27607.85
27568.38
27336.38

28592.98
29975.38
29996.38

41150.28
45276.58
46730.54
Source:
Central
Bank of
Nigeria
Return to
Menu
Table
D.3.2:
External
Reserves
Adequacy
- Months
of Import
Cover
Year

January
15.738384256382394 19.644548828834367 8.979609852963
February
18.984322949226943 20.39503879345634
10.47961856947
March
20.834805193454621 18.336926142743646 8.679034179959
April
15.965502773035022 19.401204938999953 11.33212124424
May
15.185164730406214 16.867966066994803 9.925777942641
June
13.66405711972169
14.708910778312603 9.308188862473
July
14.055428291992904 13.173435754245466 9.631110958709
August
17.406673363318596 12.849623814044481 8.554396970654
September 17.821509011148351 16.705001235145936 6.656658140092
October
14.972816361145552 14.985504911927269 8.911897187480
November 16.037767351254086 14.588039326673846 7.636644000114
December 19.335483053639024 14.574012506881619 8.400363369666
Average
16.666826204560447 16.352517758188363 9.041285106539
Source:
Central
Bank of
Nigeria
Return to
Menu
Table
D.4.1:
Monthly
Average
Official
Exchange
Rate of the
Naira (N/
US$1.00)
Year
January
February
March

0.5323
0.54690000000000005 0.572200000

0.64370000000000005 0.65590000000000004 0.6643

0.67359999999999998 0.69169999999999998 0.699899999

0.74860000000000004 0.74860000000000004 0.748600000

0.82030000000000003 0.84770000000000001 0.874600000

0.99960000000000004 0.99960000000000004 1.0016

3.6471
3.7014
3.9213

4.1748000000000003
4.2610999999999999
4.316900000

7.0388999999999999
7.3822999999999999
7.587100000

7.8620999999999999
7.9009
7.938799999

9.2120999999999995
9.6107999999999993
9.452099999

9.5626999999999995
10.226100000000001
17.61070000

20.107800000000001
21.999199999999998
24.88009999

21.886099999999999
21.886099999999999
21.88609999

21.886099999999999
21.886099999999999
21.88609999

21.886099999999999
21.886099999999999
21.88609999

21.886099999999999
21.886099999999999
21.88609999

21.886099999999999
21.886099999999999
21.88609999

86.96590000

98.78
99.914299999999997
100.9319

110.50449999999999
110.705
110.655

113.96250000000001
114.27589999999999
116.04

127.06950000000001
127.315
127.164

136.0823
135.16249999999999
134.4317000

132.86000000000001
132.85
132.85

130.29
129.59309999999999
128.7042999

128.27719999999999
128.2687
128.1512999

117.9768
118.21
117.9218

145.78030000000001
147.14439999999999
147.7226

149.7792
150.22239999999999
149.8284999

151.5455
151.9391
152.5073999

158.38679999999999
157.8681
157.5875000

157.30124761904761
157.29941999999997
157.3115

157.2916285714285
157.30749999999995
157.3007666

169.68
179.74
197.07

305.20238095238096
305.3125
306.4021739

305.77727272727265
305.89499999999992
305.7428571
Source:
Central
Bank of
Nigeria
Notes: The
Dutch
Auction
System
(DAS)
commenced
on July 22,

The
Wholesale
Dutch
Auction
System
(WDAS)
commenced
on February
20, 2006
The Retail
Dutch
Auction
System
(RDAS)
commenced
on October
2, 2013
The
Exchange
Rate from
August
2005,
includes 1%
Commission
up to 18th
February,
2015.
The RDAS
segment of
the Foreign
Exchange
Market was
closed on
February
18, 2015
while the
Interbank
Exchange
Rate
became the
reference
official rate.
Return to
Menu
Table D.4.2:
Monthly
Average
(Official/
AFEM1/
DAS2)
Exchange
Rate of the
Naira -
Central Rate
(N/US$1.00)
Period
January
February
March

79.895499999999998 80.458600000000004 81.59

84.575000000000003 83.920400000000001 82.087500000

79.599999999999994 79.599999999999994 82.742099999

76.510300000000001 82.535300000000007 83.58

85.57
85.57
86.662300000

98.490499999999997 99.627399999999994 100.60809999

109.99769999999999 110.1925
110.15560000

113.41589999999999 114.2526
115.5579

126.57181818181817 126.98444444444443 130.35203095

135.53569999999999 134.65526
133.9829

132.38
132.35319999999999 132.35249999

129.785
129.10329999999999 128.23560000

127.1408
127.1335
127.1335

116.89176590909084 116.87538571428571 116.83654166

142.37125
145.90588749999998 146.42745238

147.822
148.23736842105262 147.83500000

149.54499999999999 149.93469999999999 150.48259999

156.31857142857143 155.83000000000004 155.52727272

155.24380952380952 155.24200000000002 155.25399999

155.2342857142857
155.25
155.24333333

167.5
178.15
196.57999999

196.5
196.5
196.5

304.70238095238096 304.8125
305.90217391

305.27727272727265 305.39499999999992 305.24047619
Source:
Central Bank
of Nigeria
Notes:
1Autonomous
Foreign
Exchange
Market
(AFEM)
commenced
in 1995
2The Dutch
Auction
System (DAS)
was reintroduced
on 22nd July,

The Initial
Buying and
Selling Rates
were
N81.1800 /
US $1.00 and
N82.0000/
US $1.00,
respectively
The
Wholesale
Dutch
Auction
System
(WDAS)
commenced
on February
20, 2006
The Retail
Dutch
Auction
System
(RDAS)
commenced
on October 2,

The RDAS
segment of
the Foreign
Exchange
Market was
closed on
February 18,
2015 while
the Interbank
Exchange
Rate became
the reference
official rate.
Return to
Menu
Table
D.4.3:
Naira
Official
Cross
Exchange
Rates -
Selling
Year
US
Pound
Deutsche
Dollar
Sterling
Mark

0.61
1.2495000000000001 0.269911504424

0.67290000000000005 1.1734
0.277302716981

0.72409999999999997 1.1215999999999999 0.283598223447

0.76490000000000002 1.0765
0.268768842631

0.89380000000000004 1.1999
0.303603637265

2.0206
2.5554000000000001 1.800999999999

4.0179
6.5929000000000002 2.237400000000

4.5366999999999997
8.0894999999999992 2.580099999999

7.3916000000000004
12.0695
3.934899999999

8.0378000000000007
16.241900000000001 5.562400000000

9.9094999999999995
17.4955
5.948400000000

17.298400000000001
27.868400000000001 11.1327

22.051100000000002
33.252200000000002 13.3871

21.886099999999999
33.425175000000003 13.523

21.886099999999999
34.524025000000002 15.089475

21.886099999999999
34.122900000000001 14.5962

21.886075000000002
35.769750000000002 12.65105

21.885999999999999
36.216574999999999 12.45872499999
Source:
Central
Bank of
Nigeria
Return to
Menu
Table D.4.4:
Average
(AFEM1/
DAS2) Naira
Cross
Exchange
Rates -
Selling
Year
US
Pound
Deutsche
Dollar
Sterling
Mark

81.022800000000004 128.15610000000001 57.069200000

81.252799999999993 126.4165
53.844999999

81.6494
133.7389
47.192700000

83.807199999999995 142.61410000000001 51.2761
1999 3
92.342799999999997 156.43450000000001 50.90231

100.80159999999999 149.53630000000001

112.025185167299
161.10488241500369

120.97933280005019 182.05777000193441

129.43227183929301 211.19989348192203

133.50007626980823 244.52375294410265

131.63914600000001 238.7723115

127.38235069067501 234.73625704921281

124.61179331515679 249.42309325218821

117.69367934479918 218.24685578597405

147.3958325833523
230.64754672353232

148.81266523398418 230.09068432223503

152.32966997478326 244.26000961870807

155.94017965367968 247.05827696836789

155.75372515527951 243.67300419506557

156.98281673881675 258.57615681816378

192.30156881313133 294.12231111181126

253.49225191946158 339.57528349975081

Q1
305.6390182884748
378.54211251035196
Q2
305.76779100529092 391.17831262433873
Q3
305.80537939050527 400.67121781010496
Q4
305.94741462241456 406.0597636820587

Q1
305.80500000000001 425.66980000000001
Q2
305.76909999999998 415.7953
Q3
306.048
398.95330000000001
Q4
306.70949999999999 394.71089999999998
Notes:
1Autonomous
Foreign
Exchange
Market
(AFEM)
commenced
in 1995
2The Dutch
Auction
System (DAS)
was reintroduced
on 22nd July,

3The Euro
became the
official
currency for
Germany,
France and
The
Netherlands
effective 1st
January
1999.
Return to
Menu
Table
D.4.5:
Naira
Official
Cross
Exchange
Rates -
End
Period
Year
US
Pound
Deutsche
Dollar
Sterling
Mark

0.63690000000000002 0.82720000000000005 0.28246407663

0.67020000000000002 0.91200000000000003 0.28201136124

0.74860000000000004 0.92569999999999997 0.27483662530

0.80830000000000002 0.91069999999999995 0.25676620076

0.99960000000000004 0.69620000000000004 0.40612684353

3.3166000000000002
4.7411000000000003
1.64640000000

4.1916000000000002
7.6055000000000001
2.54380000000

5.3529999999999998
9.8496000000000006
3.03889999999

7.65
12.4542
4.56310000000

9.0000999999999998
17.0642
5.92499999999

9.7545000000000002
16.893999999999998
5.80419999999

19.660900000000002
30.8185
12.3653999999

22.6309
33.8596
13.5901999999

21.886099999999999
34.703899999999997
14.2109000000

21.886099999999999
34.398299999999999
15.1326

21.886099999999999
34.334000000000003
14.5328

21.886075000000002
35.831650000000003
12.610975

21.885999999999999
36.365524999999998
12.49315
Source:
Central
Bank of
Nigeria
Return to
Menu
Table D.4.6:
End Period
Naira Cross
Exchange
Rates -
Selling
Year
US
Pound
Deutsche
Dollar
Sterling
Mark

84.575000000000003 130.14400000000001 58.8307

79.599999999999994 131.9821
51.2856999999

74.625
124.3402
42.0516999999

84.367900000000006 140.20567500000001 48.1759750000
1999 1
92.528375000000011 146.50710000000001 49.7391250000

109.55
163.03229999999999

113.45
164.321

126.9
204.55009999999999

244.01070000000001

132.85
256.70609999999999

222.4863

249.38990000000001

116.8
234.0205

131.25
191.20500000000001

148.1
239.93680000000001

148.81266523398418 230.09068432223503

156.69999999999999 242.3366

155.75666666666666 250.98633333333336

155.73750000000001 245.51141625

262.24799999999999

291.93430000000001

375.18049999999999

Q1
306.35000000000002 382.50861000000003
Q2
305.89999999999998 397.11937999999998
Q3
305.75
409.307525
Q4

413.65079999999995

Q1
305.64999999999998 430.23
Q2
305.75
402.45872500000002
Q3
306.35000000000002 399.44976500000007
Q4

392.00829999999996
Source:
Central
Bank of
Nigeria
Notes: 1The
Euro
became the
official
currency for
Germany,
France and
Netherland
effective 1st
January
1999.
The Inter
Bank
Foreign
Exchange
Market
(IFEM)
started on
the 25th
October,

Previous
rates were
Autonomous
Foreign
Exchange
Market
(AFEM)
rates
Return to
Menu
Table
D.4.7:
Monthly
Official
Exchange
Rate -
End
Period
(N/
US$1.00)
Year
January
February
March

98.15
100.45
100.57

110.8
110.6
110.7

114.2
115.7
116.1

127.27
127.02
127.22

135.30000000000001 135
133.69999999999

132.86000000000001 132.86000000000001 132.86000000000

130.29
129.28
128.52250000000

128.2801
128.2801
128.05789999999

117.9781
117.9478
117.8973

145.95509999999999 147.30850000000001 147.15700000000

150.31829999999999 150.09610000000001 149.78

151.8535
152.06559999999999 153.0352

158.62049999999999 157.459
157.5701

157.29740000000001 157.3075
157.3075

157.3075
157.3075
157.29740000000

169.68
199.8

305.25
305.5
306.35000000000

305.7
305.89999999999998 305.64999999999
Source :
Central
Bank of
Nigeria
Return to
Menu
Table
D.4.8:
Monthly
Average
Exchange
Rate
Movements
at BDC,
IFEM and I
& E
Segments
of the
FOREX
Market (N/
US$1.00)
Bureau-de-Change
Month

January
147.64769999999999 139.80000000000001 144.09
February
142.94999999999999 139.93
145.4737000000
March
139.9239
139.72999999999999 148.4565000000
April
138.85230000000001 141.77000000000001 147.8471999999
May
139.6429
141.21
142.3261
June

141.85
136.8181999999
July
139.8409
143.94
130.119
August
140.3295
145.82
130.4565000000
September 141.0795
145.80000000000001 130.21
October
140.53569999999999 144.99
130.2955
November
140.69319999999999 143.94
129.8181999999
December
138.71430000000001 141.93
129.3158
Average
140.85082500000001 142.55916666666667 137.102225
End-Period 138.5
141.5
129.5
Source:
Central
Bank of
Nigeria
Table
D.4.8:
Monthly
Average
Exchange
Rate
Movements
at BDC,
IFEM and I
& E
Segments
of the
FOREX
Market (N/
US$1.00)
Inter-Bank Rate
Month

January
137.76
133.11000000000001 129.9273
February
136.44
133.15
129.3300000000
March
134.80000000000001 133.09
128.6760999999
April
137.22999999999999 133.06
128.5763
May
134.81
133.37
128.5696000000
June
133.54
134.35
128.5
July
134.38999999999999 135.35
128.4333
August
133.22999999999999 135.94
128.4250000000
September 133.77000000000001 132.55000000000001 128.3881000000
October
133.76
131.09
128.4205
November
133.15
130.80000000000001 128.4199999999
December
133.13999999999999 130.08000000000001 128.3947
Average
134.66833333333332 132.99499999999998 128.6717416666
End-Period 132.66999999999999 130.4
128.5
Source:
Central
Bank of
Nigeria
Note: *
Operations
of the
Inter-Bank
Foreign
Exchange
Market
(IFEM) was
stopped
from
trading
midFebruary
2009 and
reopened
for trading
in June

Table
D.4.8:
Monthly
Average
Exchange
Rate
Movements
at BDC,
IFEM and I
& E
Segments
of the
FOREX
Market (N/
US$1.00)
Month

January
360.53363636363639
February
360.35699999999991
March
360.2061904761905
April
378.10771428571422 360.26900000000006
May
381.86333144368865 361.19190476190482
June
370.46016865079366 361.06052631578956
July
364.74761904761908 361.81190476190466
August
362.72608695652178 362.39380952380958
September 359.98894736842112 364.21900000000005
October
360.43238095238092 363.976
November
360.30272727272717 363.91380952380956
December
360.67944444444441 364.75684210526316
Average
365.58254061624643 362.04947368421074
End-Period 360.33

Source:
Central
Bank of
Nigeria
Return to
Menu
Table D.4.9:
Computed
Relative
Purchasing
Power Parity
(RPPP)
Exchange
Rate with
Percentage
Overvaluation
and
Devaluation
Period
Exchange Rates
RPPP
% Overvalu
Undervalua
Jan 1981
0.5323
0.55981522867432132 5.16912054
Feb 1981
0.54690000000000005 0.56819982565174088 3.89464722
Mar 1981
0.57220000000000004 0.5924172228900727
3.53324412
Apr 1981
0.59940000000000004 0.63522617880019994 5.97700680
May 1981
0.59940000000000004 0.6857997304765292
14.4143694
Jun 1981
0.59050000000000002 0.68894512360313476 16.6714857
Jul 1981
0.59919999999999995 0.68601414017037299 14.4883411
Aug 1981
0.66800000000000004 0.64371834891945146 -3.6349777
Sep 1981
0.66710000000000003 0.74948698451602636 12.3500201
Oct 1981
0.66090000000000004 0.7219566591447969
9.23841112
Nov 1981
0.64880000000000004 0.71216815857027438 9.76697881
Dec 1981
0.63560000000000005 0.69238522156148097 8.93411289
Jan 1982
0.64370000000000005 0.6849665364094274
6.41083368
Feb 1982
0.65590000000000004 0.6729660176991149
2.60192372
Mar 1982
0.6643
0.68148565455427479 2.58703214
Apr 1982
0.66959999999999997 0.68990073357417947 3.03177024
May 1982
0.66959999999999997 0.67980753062975474 1.52442213
Jun 1982
0.67559999999999998 0.67832183494447773 0.40287669
Jul 1982
0.6794
0.67499227732080413 -0.6487669
Aug 1982
0.68100000000000005 0.6707004341832854
-1.5124178
Sep 1982
0.68430000000000002 0.63621118063687077 -7.0274469
Oct 1982
0.68979999999999997 0.68348341288771131 -0.9157128
Nov 1982
0.68920000000000003 0.69482087609990373 0.81556530
Dec 1982
0.67200000000000004 0.70350685501458587 4.68852009
Jan 1983
0.67359999999999998 0.69185956681438721 2.71074329
Feb 1983
0.69169999999999998 0.70516613700873243 1.94681755
Mar 1983
0.69989999999999997 0.7320768876634709
4.59735500
Apr 1983
0.70479999999999998 0.77055226959709078 9.32920964
May 1983
0.70479999999999998 0.78442878902827817 11.2980688
Jun 1983
0.72719999999999996 0.80831157748334359 11.1539572
Jul 1983
0.74470000000000003 0.85869079030574258 15.3069410
Aug 1983
0.74860000000000004 0.91469827901991985 22.1878545
Sep 1983
0.74860000000000004 0.94032638352630371 25.6113256
Oct 1983
0.74860000000000004 0.94264191873837488 25.9206410
Nov 1983
0.74860000000000004 0.95930744731887352 28.1468671
Dec 1983
0.74860000000000004 0.97025344677756031 29.6090631
Jan 1984
0.74860000000000004 1.0008526040602783
33.6965808
Feb 1984
0.74860000000000004 1.0027707096499439
33.9528065
Mar 1984
0.74860000000000004 0.98129447573217454 31.0839534
Apr 1984
0.74860000000000004 0.98203951965570235 31.1834784
May 1984
0.74860000000000004 1.1425164861082686
52.6204229
Jun 1984
0.75429999999999997 1.0827565685827498
43.5445537
Jul 1984
0.76759999999999995 1.0676089171914493
39.0840173
Aug 1984
0.76759999999999995 1.0617097737264813
38.3154994
Sep 1984
0.76819999999999999 1.0670866198047531
38.9073964
Oct 1984
0.77480000000000004 1.065493688852521
37.5185452
Nov 1984
0.79569999999999996 1.0125291223617485
27.2501096
Dec 1984
0.80810000000000004 0.99237232969423228 22.8031592
Jan 1985
0.82030000000000003 0.95327826118316028 16.2109302
Feb 1985
0.84770000000000001 0.97117142492102126 14.5654624
Mar 1985
0.87460000000000004 1.0037586804072309
14.7677430
Apr 1985
0.88249999999999995 1.0116609033875852
14.6357964
May 1985
0.89170000000000005 0.86922472977184706 -2.5204968
Jun 1985
0.89510000000000001 0.89293680690735122 -0.2416705
Jul 1985
0.89510000000000001 0.89542924710032723 3.67832756
Aug 1985
0.89690000000000003 0.86259878497154241 -3.8244191
Sep 1985
0.91569999999999996 0.84014694819571156 -8.2508520
Table D.4.9:
Computed
Rleative
Purchasing
Power Parity
(RPPP)
Exchange
Rate with
Percentage
Overvaluation
and
Devaluation
Period
Exchange Rates
RPPP
% Overvalu
Undervalua
Oct 1985
0.92249999999999999 0.843319457833546
-8.5832566
Nov 1985
0.9234
0.87853659917603288 -4.8585012
Dec 1985
0.95950000000000002 0.89054726892964653 -7.1863190
Jan 1986
0.99960000000000004 0.93415729364410016 -6.5468893
Feb 1986
0.99960000000000004 0.93888257730529889 -6.0741719
Mar 1986
1.0016
0.96975318032886648 -3.1795946
Apr 1986
1.0135000000000001
0.94567033409270052 -6.6926162
May 1986
1.0341
0.96213464298602391 -6.9592260
Jun 1986
1.1249
1.0322990374839673
-8.2319283
Jul 1986
1.2694000000000001
1.1382726745324661
-10.329866
Aug 1986
1.3293999999999999
1.3502646918316579
1.56948185
Sep 1986
4.6406000000000001
1.4562155420530858
-68.620102
Oct 1986
4.1203000000000003
5.1483508078658424
24.9508727
Nov 1986
3.5310999999999999
4.5243044534795755
28.1273386
Dec 1986
3.1827999999999999
3.9357658502571011
23.6573410
Jan 1987
3.6471
3.5775685071914092
-1.9064871
Feb 1987
3.7014
4.1602444752522496
12.3965114
Mar 1987
3.9213
4.0978548210942369
4.50245635
Apr 1987
3.9054000000000002
4.3577326895468724
11.5822371
May 1987
4.1616999999999997
4.2890592955800262
3.06027093
Jun 1987
4.0506000000000002
4.4223502365423304
9.17765853
Jul 1987
3.8081
4.2555820107916169
11.7507946
Aug 1987
4.0808999999999997
3.9391917859883208
-3.4724745
Sep 1987
4.2073
4.112853355704698
-2.2448279
Oct 1987
4.2760999999999996
4.2929144864538369
0.39322014
Nov 1987
4.2889999999999997
4.4628770178616612
4.05402233
Dec 1987
4.1664000000000003
4.5051311139636567
8.13006705
Jan 1988
4.1748000000000003
4.377771388199629
4.86182303
Feb 1988
4.2610999999999999
5.2558355567235315
23.3445719
Mar 1988
4.3169000000000004
5.7148966999511499
32.3842734
Apr 1988
4.2023000000000001
5.9457623583759291
41.4882887
May 1988
4.1102999999999996
6.2003336728965603
50.8486892
Jun 1988
4.1913
6.297466574969933
50.2509143
Jul 1988
4.6086999999999998
6.5474128566465986
42.0663713
Aug 1988
4.5830000000000002
7.3787867415902877
61.0034200
Sep 1988
4.7167000000000003
7.3850804487070327
56.5730372
Oct 1988
4.7747999999999999
7.5017663532628154
57.1116351
Nov 1988
5.1478999999999999
7.2866463461971334
41.5459963
Dec 1988
5.3529999999999998
7.9504019019251775
48.5223594
Jan 1989
7.0388999999999999
8.2643942248269955
17.4103087
Feb 1989
7.3822999999999999
10.099000517242255
36.8001912
Mar 1989
7.5871000000000004
10.531847742551175
38.8125600
Apr 1989
7.5808
11.327555167172015
49.4242714
May 1989
7.5050999999999997
11.338635728287874
51.0790759
Jun 1989
7.3471000000000002
11.092760738842752
50.9814857
Jul 1989
7.1387999999999998
11.202407232396885
56.9228334
Aug 1989
7.2592999999999996
10.163548837821853
40.0072849
Sep 1989
7.3400999999999996
10.149179643832797
38.2703184
Oct 1989
7.3933999999999997
10.19807727538695
37.9348780
Nov 1989
7.5037000000000003
10.511901288323603
40.0895729
Dec 1989
7.6220999999999997
10.359008693801577
35.9075411
Jan 1990
7.8620999999999999
10.537200322441699
34.0252645
Feb 1990
7.9009
9.5833474395554497
21.2943770
Mar 1990
7.9387999999999996
9.1938670257510733
15.8092788
Apr 1990
7.94
8.6153056606082892
8.50510907
May 1990
7.94
8.1767954440811081
2.98231037
Jun 1990
7.9424000000000001
8.024508417664002
1.03379857
Jul 1990
7.9523000000000001
7.6184007165334808
-4.1987762
Aug 1990
7.9622999999999999
7.8583667219680962
-1.3053172
Sep 1990
7.9743000000000004
7.8793017373175829
-1.1913053
Oct 1990
8.0089000000000006
7.7212607101106405
-3.5914955
Nov 1990
8.3246000000000002
7.73054117813974
-7.1361845
Dec 1990
8.7071000000000005
8.0593340250124932
-7.4395145
Note: *In May
2017, BDC
and I & E
rates were
adopted for
RPPP
compliation
Source:
Central Bank
of Nigeria
Return to
Menu
Table
D.4.10:
Bilateral
Real
Exchange
Rate -
Interbank
China
India
USA
M1 2008 20.967232461769125 3.0213377032356985 145.52741729192
M2 2008 21.472359252611525 3.0080710885532693 145.54288366112
M3 2008 21.500242888518329 2.981744739556369
145.63743960264
M4 2008 21.447903565343751 2.9830313926596834 144.32458891332
M5 2008 20.957607587357472 2.7981862144092138 142.67578086959
M6 2008 20.335980928313759 2.6748701191684892 139.03135476213
M7 2008 19.926141075732797 2.6710568737788321 136.68730910264
M8 2008 19.406822190165851 2.6710583534788572 134.56067074356
M9 2008 19.346839005786212 2.5059258635808384 132.87346654643
M10

19.370356327782382 2.3951556479566465 132.43397813513
M11

19.141871629781726 2.3791761307331964 129.95622274394
M12

22.095771817685851 2.6587582296712036 143.61337088079
M1 2009 24.683985255661089 2.9190379041314038 157.93093971197
M2 2009 24.840967862790553 2.9012514508659608 159.12703901571
M3 2009 24.50264849719812
2.7686554459621466 158.30934569091
M4 2009 24.478608575334068 2.8598728006274019 158.05205640336
M5 2009 24.171801728147038 2.931675451586468
156.47910899955
M6 2009 23.673572893395029 2.9648635612093504 155.07266164504
M7 2009 23.191891491278
3.0537066474186796 154.73943122921
M8 2009 22.83232205956968
3.0902361803023002 154.53835829475
M9 2009 22.009714019721791 3.013568167734177
150.19033099606
M10

22.063096787175663 3.185441791400732
151.43372071964
M11

21.940022402758625 3.2165839936438405 149.79310000000
M12

21.843075160491534 3.1575085859413474 146.09550902225
M1 2010 22.087306398686806 3.2477104575061668 146.03368034240
M2 2010 22.241205935416133 3.1224180158954722 143.22243187850
M3 2010 22.948039561404343 3.2033526152421321 144.89312908515
M4 2010 23.26065179003999
3.2291843505036151 143.10410881727
M5 2010 24.004813395222836 3.1770106625599079 143.38244761811
M6 2010 23.99027764709615
3.0661994009656559 138.89599712730
M7 2010 24.691114458701769 3.0892303144389568 137.62590048278
M8 2010 25.168818784470911 3.0657314985596247 135.98386996323
M9 2010 26.242170562792452 3.1147869861273905 135.96821231142
M10

27.357109725903683 3.2284521485257063 134.54556748088
M11

28.850391624850126 3.2052848079535035 134.70629631893
M12

29.834769370500602 3.2169083456340255 133.66995131945
M1 2011 19.823513230339316 3.2382932384559191 133.71800689983
M2 2011 19.969587706544754 3.157908863107131
133.29931777235
M3 2011 19.840890619151317 3.166231243587621
133.62578142473
M4 2011 20.259880929619246 3.2744112957740885 136.42088975292
M5 2011 20.288695847866407 3.2394458273976108 136.50974133735
M6 2011 19.973668996701225 3.2072152097008733 133.41791989914
M7 2011 19.877712251737858 3.267241078457781
131.92376219348
M8 2011 19.824502652960504 3.1780437008645932 130.48987244530
M9 2011 20.210610844225396 3.0995079148500584 132.06745629180
M10

19.646683033709916 2.9140222533373543 127.47559330266
M11

20.439975178069645 2.9494699610541257 132.39583992611
M12

20.370854786984125 2.7964960664118204 131.02759282458
M1 2012 20.094957506111701 2.7962950618538782 127.64898748500
M2 2012 19.932289012355341 2.9070346544639727 126.98242699703
M3 2012 19.642535207563231 2.8252352164748182 126.00581182594
M4 2012 19.591791677954863 2.7892806456354218 125.94799093562
M5 2012 19.370654002220999 2.646436994812523
124.89276212572
M6 2012 19.035115351562563 2.5722903226453004 123.48280801927
M7 2012 18.965797999654271 2.6374721955580611 122.84111457671
M8 2012 18.909921010506309 2.6411082129700847 122.67390201036
M9 2012 18.770431760847689 2.6721233776471345 121.95392394116
M10

18.656875703533252 2.7520960450691621 120.80294811771
M11

18.645357759295109 2.6619419513756912 119.58466318199
M12

18.654521525723549 2.6597241238891498 118.33408471931
Table
D.4.10:
Bilateral
Real
Exchange
Rate
China
India
USA
M1 2013 18.760599450598058 2.6802608090483044 117.96655957437
M2 2013 18.808445864022843 2.7053839189163806 118.05126620036
M3 2013 18.536272802592922 2.6601176235116082 117.52342442298
M4 2013 18.549219699165555 2.6619864579271071 116.75805240970
M5 2013 18.469938445208651 2.6332149679196375 116.17686517530
M6 2013 18.444056508515747 2.521631349068314
115.77850989347
M7 2013 18.359716121996144 2.4883357238897643 115.21646872962
M8 2013 18.400048411618602 2.3769449814698955 115.06959640858
M9 2013 18.447214474941518 2.3659750822094407 114.32919420023
M10

18.385487049357248 2.4541519745857845 113.22103689051
M11

18.237105407184568 2.4271656911566328 112.13587168984
M12

18.203872090487145 2.398599299095971
111.24988172902
M1 2014 18.326753638262282 2.3589416216160175 110.97639407781
M2 2014 18.304737376121544 2.3405643659568276 110.83935100550
M3 2014 17.995719834924451 2.3819077193405676 110.67407277598
M4 2014 17.768649123847634 2.4118448308920599 110.35582318062
M5 2014 17.62473203547453
2.4504675357923853 109.88589711856
M6 2014 17.492449816744859 2.4330990869666294 109.24222106525
M7 2014 17.348505419706054 2.4557751242646946 108.49956603802
M8 2014 17.314970513647818 2.4326367426635844 107.79959793463
M9 2014 17.337651617552744 2.4167775061589443 107.30050582861
M10

17.273472731278865 2.3859840400723291 106.49963592753
M11

18.141302559109132 2.4978562533847737 111.54376103750
M12

18.449239176182083 2.4664065709361505 112.02331999437
M1 2015 18.332248580057058 2.4683598433623821 110.56162987966
M2 2015 21.487504520249448 2.8748428955334893 128.71438709725
M3 2015 21.022875182292005 2.8279019611685263 127.67825440935
M4 2015 20.876579139012154 2.8041315757231851 126.95010992236
M5 2015 20.665665094141037 2.7483986374214289 126.21460323359
M6 2015 20.46407627602575
2.7512266967343404 125.45961860027
M7 2015 20.397670215164197 2.7560677483139715 124.63923503448
M8 2015 19.773385653824082 2.7053888540397115 123.72618256633
M9 2015 19.469852493642176 2.6546559080279661 122.76049132245
M10

19.387874024838975 2.7064111799514974 122.22284034845
M11

19.215050819680396 2.6559107535271274 121.16508667619
M12

18.862019500420079 2.6006325522012714 119.56006713374
M1 2016 16.047109148682804 2.5335866859053309 118.73033107052
M2 2016 16.004362231027685 2.4440975016163811 116.15664985295
M3 2016 15.780383420461479 2.4743124098289706 114.17124842961
M4 2016 27.719817554965335 4.2944884394418503 189.31916288314
M5 2016 27.568366683284324 4.2205943780275188 186.74705870884
M6 2016 26.263356885161702 4.0072840018102367 177.18845940097
M7 2016 26.23898305381811
4.0825609423003213 175.62456622859
M8 2016 26.036981121158391 3.992370303887133
170.56740685190
M9 2016 25.831509982465548 3.8822061618444064 170.48059954314
M10

25.767406799002206 3.9179397654598516 169.28638570579
M11

25.636798436930142 3.9492467800793887 167.89371436677
M12

25.91160048635248
3.942038966734966
166.65741331691
M1 2017 23.593713524854081 3.4150995510186157 158.85521194881
M2 2017 23.260499394453198 3.4300612590803405 157.15405462307
M3 2017 22.788435374796645 3.4852582425068426 155.02818241764
M4 2017 27.719817554965335 4.2944884394418503 189.31916288314
M5 2017 27.568366683284324 4.2205943780275188 186.74705870884
M6 2017 26.263356885161702 4.0072840018102367 177.18845940097
M72017
26.23898305381811
4.0825609423003213 175.62456622859
M8 2017 26.036981121158391 3.992370303887133
170.56740685190
M9 2017 25.831509982465548 3.8822061618444064 170.48059954314
M10

25.767406799002206 3.9179397654598516 169.28638570579
M11

25.636798436930142 3.9492467800793887 167.89371436677
M12

25.91160048635248
3.942038966734966
166.65741331691
M1 2018 26.816300533133873 3.9133241736177955 166.08469082341
M2 2018 26.955736603656163 3.7896642829490736 165.76160909589
M3 2018 26.494966856031787 3.7611693358683675 164.61710015687
M4 2018 25.978028979938895 3.6521852469547822 164.04467938993
M5 2018 25.436024486872338 3.5700561352170523 163.15986135289
M6 2018 24.303726458384872 3.4743145514601914 161.57930057842
M7 2018 23.443089569815392 3.5927127238678644 160.25880666377
M8 2018 23.368065576653724 3.4414917474478313 158.78979566129
M9 2018 23.239690535364012 3.3484260122484417 158.21234914667
M10

22.789238423887056 3.2663006738008873 157.16444695060
M11

22.650433360082385 3.4473599010234799 155.63269267946
M12

22.795713413585158 3.4016726030963862 153.95542099841
Source:
Central
Bank of
Nigeria
Return to
Menu
Table
D.4.10.1:
Bilateral
Real
Exchange
Rate - I & E
China
India
USA
M4 2017
27.719817554965335 4.2944884394418503
189.31916288
M5 2017
27.568366683284324 4.2205943780275188
186.74705870
M6 2017
26.263356885161702 4.0072840018102367
177.18845940
M72017
26.23898305381811
4.0825609423003213
175.62456622
M8 2017
26.036981121158391 3.992370303887133
170.56740685
M9 2017
25.831509982465548 3.8822061618444064
170.48059954
M10 2017
25.767406799002206 3.9179397654598516
169.28638570
M11 2017
25.636798436930142 3.9492467800793887
167.89371436
M12 2017
25.91160048635248
3.942038966734966
166.65741331
M1 2018
26.816300533133873 3.9133241736177955
166.08469082
M2 2018
26.955736603656163 3.7896642829490736
165.76160909
M3 2018
26.494966856031787 3.7611693358683675
164.61710015
M4 2018
25.978028979938895 3.6521852469547822
164.04467938
M5 2018
25.436024486872338 3.5700561352170523
163.15986135
M6 2018
24.303726458384872 3.4743145514601914
161.57930057
M7 2018
23.443089569815392 3.5927127238678644
160.25880666
M8 2018
23.368065576653724 3.4414917474478313
158.78979566
M9 2018
23.239690535364012 3.3484260122484417
158.21234914
M10 2018
22.789238423887056 3.2663006738008873
157.16444695
M11 2018
22.650433360082385 3.4473599010234799
155.63269267
M12 2018
22.795713413585158 3.3941550945812522
153.95542099
Note: In
April 2017,
I & E rates
were
adopted for
BRER
compliation
Source:
Central
Bank of
Nigeria
Table
D.4.10.1:
Bilateral
Real
Exchange
Rate - I & E
Japan
Cote d'Ivoire
South Korea
M4 2017
1.5613093498393977 0.3235562404763021
0.1699030511
M5 2017
1.5444811271634804 0.3287938754739404
0.1704359417
M6 2017
1.4482598989619404 0.31999058394249308 0.1578918202
M72017
1.4530781847990137 0.32141511716615634 0.1604153983
M8 2017
1.4104722903318485 0.31192679192762574 0.1550480118
M9 2017
1.3781854280673655 0.30881852334752463 0.1519455416
M10 2017
1.3648232407890515 0.3019543619428614
0.1540623059
M11 2017
1.3715383983298872 0.30409208455963005 0.1562777266
M12 2017
1.3553983883803851 0.30811439882617964 0.1582761731
M1 2018
1.3949118621028673 0.317483308593563
0.1579005748
M2 2018
1.4055427164802017 0.30847525973886636 0.1559195991
M3 2018
1.4033407221525691 0.31021363204840019 0.1571465388
M4 2018
1.3518263595426523 0.3026479358710949
0.1555316082
M5 2018
1.3483108865094977 0.28833069252682691 0.1527825471
M6 2018
1.3102209819982455 0.28630929773741026 0.1458218885
M72018
1.2946183975911902 0.28585012356491901 0.1443125167
M8 2018
1.2893065801736399 0.28126509892136997 0.1443983341
M9 2018
1.2564314219958068 0.27619541843976492 0.1451208337
M10 2018
1.252121616185099
0.26824333278582174 0.1398934874
M11 2018
1.2395658867931723 0.26911109048032344 0.1402719417
M12 2018
1.2552839427260452 0.26943543287235155 0.1394101046
Note: In
April 2017,
I & E rates
were
adopted for
BRER
compliation
Source:
Central
Bank of
Nigeria
Return to
Menu
Table D
4.11:
Nominal
Effective
Exchange
Rate
Indices
for
Nigeria1
Period
January
February
March April

113.7
115.6
110.8 107.9

107.8
108.2
108.2 108.7

111.6
110.2
109.8 110

113.7
111.4
108.7 109.9

114.5
113.8
110.5 104

79.400000000000006 77
75.3
74.3

16.5
16.100000000000001 15.4
15.2


9.3000000000000007 8.8000000000000007 8.6
8.69999999

8.1999999999999993 8.1
8.1
8.1

6.4

6.5
7.2

6.4

3.6
3.4

3.2

2.6
2.8

3.1
3.1


Source:
Central
Bank of
Nigeria
Notes:
1Indices
are
tradeweighted
and
provided
at 1985
base
period.
Return to
Menu
Table D
4.12a:
Nominal
Effective
Exchange
Rate
Indices
for
Nigeria1
Period
January
February
March

31.011751549699184 31.245552505709647 30.709470699184

28.981104939619012 28.66715540075764
29.726048162653

25.77254706967263
28.095242599943482 28.106286618315

72.126995386603483 68.138156829016424 71.519813969162

76.411549024088742 77.926432704555737 77.762953149316

82.713113820177099 82.074926322644231 80.564392588254

81.496551005036963 82.666666423382011 83.341930523846

95.934451973943155 95.653230233461784 96.266966848916

108.64488115126018 108.56677444667162 107.67136395763

109.48962689738831 109.76904115698792 108.80812981282

105.20074134487862 103.98859931067022 103.74237241512

106.21892522773322 106.82388064651769 107.29952943606
Table
D.4.12b:
Nominal
Effective
Exchange
Rate
Indices
for
Nigeria2
Period
January
February
March

80.891867499592436 80.836618152351107 82.266571248087

88.624938150607932 87.782365990220626 87.205877590416

98.810874466542003 96.596688816698489 96.755616575817

99.396982424354803 100.36232765531318 102.32699700839

100.42941372630516 101.68266819012054 100.84626699959

97.937559355744654 98.078686700892078 96.573787743411

93.981626680427951 93.923347901193722 94.846196211870

93.413563868566456 107.44080170718699 103.69030824662

97.763236290626494 97.871312790667545 101.57725460406

153.29259183947147 153.32521170117832 154.53657384409

167.13061153346902 165.0192428781661
165.34861846873
Source:
National
Bureau of
Statistics
Note:
1Base
period:
May 2003
2Base
period:
November

Return to
Menu
Table
D.4.12.1:
Nominal
Effective
Exchange
Rate
Indices for
Nigeria - I
& E
Period
January
February
March

196.81720690889378 194.4788729977366 194.85873506441
Source:
National
Bureau of
Statistics
Note:
NEER/
REER
Calculation
is based on
I&E
Windows
Rate from
April 2017
Return to
Menu
Table
D.4.13a:
Real
Effective
Exchange
Rate
Indices
for
Nigeria1
Period
January
February
March

17.925723912487356 18.323343945967615 18.334029937073

18.412320684825303 18.351624106434819 19.725042184549

17.273086845118851 18.803354551371449 19.044681224164

53.058847952961031 50.343951272433493 53.074067863651

53.457762451090993 55.050761743289861 55.170650619523

65.954432474578667 66.552801699900016 65.616057833312

75.026369721815072 77.128491656166602 77.513129732153

94.590228592839253 92.408281943792545 91.431754074287

127.89845964401209 127.9857235885563
122.56020716614

137.3329614261522
139.3366926867414
139.58641029457

140.9428213216259
141.20112121851369 144.24153088107

149.41748589802242 150.75525466563349 152.24737485754
Table
D.4.13b:
Real
Effective
Exchange
Rate
Indices
for
Nigeria2
Period
January
February
March

95.826218763328185 96.171031267262322 97.857643691009

95.795919298820337 94.641686913849881 93.553660555249

96.801708385512597 93.400325606964216 95.170532412471

89.322328872724739 89.663822546152019 90.636102365254

83.142248446465302 84.304149492396803 82.767908668803

77.255019132493331 77.275206373417035 75.728935689408

70.888854654985039 70.75737303834633
71.150483498182

66.466240380771083 76.353096402162578 73.372332266856

65.296754653842271 64.18917490534055
65.418614506847

88.753917165686275 87.70817551026731
87.026964802562

86.118534384849255 84.638103674781675 84.120052319851
Source:
National
Bureau of
Statistics
Note:
1Base
period:
May 2003
2Base
period:
November

Return to
Menu
Table
D.4.13.1:
Real
Effective
Exchange
Rate
Indices for
Nigeria - I
& E
Period
January
February
March

101.39580693101776 99.721122433387166 99.11693810087
Source:
National
Bureau of
Statistics
Note:
NEER/
REER
Calculation
is based on
I&E
Windows
Rate from
April 2017
Return to Menu
Table D.5.1:
Sectoral
Utilization of
Foreign
Exchange for
Transactions
Valid for
Foreign
Exchange (US$'
Million)
Category

(A) Imports
4369.659790239999
4337.5179665900005

1. Industrial
Setor
2913.1901721199997
2304.3297587299999

(i) Raw
Materials
1486.3318212199999
1436.6334569400001

(ii) Machinery,
Spare Parts &
CKD
1426.8583509
867.69630179000001

2. Agricultural
Sector
46.585051450000002
93.345776010000009
82.38
3. Finished
Goods
1310.8988659400002
1801.4203808299999

(i) Food
663.55987161999997
744.32754595000006
813.1
(ii) General
Merchandise
647.3389943200001
1057.0928348800001

(a) Drug &
Pharmaceuticals
72.818122689999996
96.186120410000001
140.6
(b) Books &
Educational
Materials
37.992400450000005
51.840158280000004
78.61
(c) Cement
57.274550810000001
117.96176611
156.4
(d) Other
Building
Materials
15.758853050000001
122.31685889000001
97.04
(e) Detergents
4.5806209000000004
7.5815097800000002
6.658
(f) Alcohol
12.70863772
13.29995284
1.339
(g) Insecticides
5.5808219599999997
14.517646859999999
33.43
(h) Lubricants
26.71794517
32.09428054
56.55
(i) Glass
Products
7.1887641599999998
9.862019720000001
17.26
(j) Furniture/
Wood Products
10.291301220000001
14.27266857
6.284
(k) Others
396.42697619
577.15985288000002
674.9
4. Transport
98.936651519999998
137.99452849000002
188.9
(i) Aircraft/
Shipping
Vessels
4.8867690799999997
2.2916080600000002
12.70
(ii) Motor
Vehicles (Cars)
60.002594389999999
79.362106060000002
85.63
(iii) Buses/
Trucks/Lorries
22.566540329999999
34.210695530000002
71.69
(iv) Rolling
Stocks
3.76613591
2.87596637
1.823
(iv) Motorcycles
& Bicycles
7.7146118099999992
19.254152469999998
17.13
5. Personal
Effects
4.9049209999999996E-2 0.42752253000000001
2.624
6. Minerals
7. Oil Sector
B. Invisibles
413.35121801999998
516.01768069000002
703.9
(i) Education
41.664925070000002
9.5063249899999995
14.27
(ii) Personal
Home
Remittances
3.9966872499999999
4.6383516500000006
9.619
(iii) Airline
Remittances
19.890736019999999
37.235348420000001
75.84
(iv) Travels
(PTA)
127.06360487000001
167.31811003999999
274.4
(v) Travels
(BTA)

(vi) Estacode

(vii) ReInsurance
3.8178142899999998
2.3223239200000001
3.723
(viii) Contract
Services Fees
8.7442046799999993
6.5214656799999995
12.33
(ix) Technical
Services Fees
30.620970070000002
21.382846609999998
29.78
(x) Royalty
8.1631396800000005
9.1001763800000006
14.33
(xi) License
0.72519328000000005
0.14719628000000001
0.214
(xii) Trade
Mark
4.562824E-2
2.5590999999999999E-2 1.85E
(xiii)
Consultancy
Fees
1.02952515
0.81907114999999997
2.158
(xiv)
Management
Services Fees
3.5434383700000001
5.6217101700000001
1.498
(xv) Aircraft
Lease &
Maintenance
Fees
28.89516266
5.0517261799999993
11.52
(xvi) Shipping
Vessels Charter
& Maintenance
Fees
12.940442130000001
5.1780038600000005
0.655
(xvii)
Investment
Income - Profit
& Dividend
43.180706610000001
66.30328634
57.74
(xix)
Repatration of
Capital
6.2117387800000001
0.60305178000000004
5.981
(xx) Others
72.817300870000011
174.24309624
189.8
Total (A+ B)
4783.0110082599986
4853.5356472800004

Source: Central
Bank of Nigeria
Return to Menu
Table D.5.2:
Sectoral
Utilization of
Foreign
Exchange for
Transactions
Valid for
Foreign
Exchange (US$'
Million) -
Continued
Category

A. Imports
30148.793156699994
23761.042949590003
23824.98
1. Industrial
Sector
10552.50589511
7378.0856080199992
6174.059
2. Food
Products

Manufactured
Products
6810.4167786199987
6027.5092574999999
5281.140
4. Transport
Sector
1672.0554395700003
1564.0594766900003
1471.882
5. Agricultural
Sector
364.03508297999991
271.72199598999998
314.2300
6. Minerals
302.14445004999988
154.74221347000002
194.8830
7. Oil Sector
6473.1356678799993
4931.1234444299998
6007.683
B. Invisibles
18176.659245709998
8835.3720996899992
9545.882
1. Business
Services

Communication
Services
839.31638873000009
345.48715919000006
287.9556
3. Construction
& Related
Engineering
Services
37.413173869999994
42.385296469999986
133.7660
4. Distribution
Services
66.544015459999997
44.498547930000001
62.62379
5. Educational
Services

Environmental
Services

0.13324577999999998 0.107677
7. Financial
Services
14287.01599706
5882.9528022800005
6625.504
8. Health
Related &
Social Services
7.008385549999999
4.3274800900000017
0.940223
9. Tourism &
Travel Related
Services

Recreational,
Cultural &
Sporting
Services
0.43529717000000001 0.36969889000000006 0.163139
11. Transport
Services
534.18140650999999
711.99466669000003
787.1524
12. Other
Services not
Included
Elsewhere
103.98613160999999
112.58054179
64.50257
Total (A + B)
48325.452402409996
32596.415049280004
33370.86
Source: Central
Bank of Nigeria
Return to
Menu
Table
D.5.3:
Supply of
Foreign
Exchange
(US$'
Million)
Month

January
...
42.34352286
137.3609173099
February
392.26216225000002 169.67071339
328.7059362599
March
...
203.98954578000001 284.98797507
April
267.95936899999998 187.15035019999999 337.7802877599
May
...
149.71564111000004 311.8428172200
June
379.92598292999998 160.97252869000002 171.8290312199
July
...
241.21896784999998 168.7351103099
August
...
196.26084788
231.0045611699
September 436.54714124999998 149.73016455999999 267.2939309300
October
...
188.35027278000001 307.7383243699
November 199.11732096
110.07773027
193.3773423499
December ...
47.555328580000001 198.6784182700
Table
D.5.3:
Supply of
Foreign
Exchange
(US$'
Million)
continued
Month

January
840.26
1163.3900000000001 1279.889999999
February
1544.59
707.52
3191.4
March
1687.27
603.16999999999996 3141.31
April
947.76
826.1
2622.52
May
1739.67
1380.79
3112.08
June
1901.83
1460.78
2103.67
July
1747.32
2211.7800000000002 1815.81
August
1110.79
2046.23
3065.529999999
September 1180.17
1380.3
2460.83
October
748.09
4398.1499999999996 1743.05
November 1175.5
4357.88
1788.96
December 1446.7
957.53
1206.21
Source:
Central
Bank of
Nigeria
Notes:
The
supply
figures
include
foreign
exchange
sold to
Bureauxde-Change
which
started
from
April,

Return to
Menu
Table D.6.1:
Cash Flow
(US$' Million)
CATEGORY

Inflow
35402.19
51235.969999999994 58715.59
A. Through
the Central
Bank
24971.74
35081.42
36727.160000
1. Oil
23527.200000000001 32601.65
33138.21
2.Non-oil
1444.54
2479.7699999999995 3588.95
Drawings on
Loans/Grants
RDAS/WDAS
Purchases
221.48
865.48
Swaps
Interest on
Reserves &
Investments
Interest
Repatriated
from overseas
Refund on
World Bank/
IBRD/IMF
Loans/SDR
Allocation
Cash Swap
IRO BDC
Sales
Eurobond
proceeds -
fixed income
securities
Returned
Payments
[Wired/Cash]
Unutilised
funds from
DAS
Recovered
Funds
Other Official
Receipts
1444.54
2258.29
2723.47
CBN
Interbank
Transactions
Return of
Unutilised
IMTO Funds
TSA and
Third Party
Funds
Others (FGN
Loans)
B. Through
Autonomous
Sources
10430.450000000001 16154.550000000001 21988.43
1. Non-oil
exports
699.85000000000014 701.13
911.05000000
2. Capital
Inflow
297.70999999999998 397.56
145.94999999
3. Invisibles
9432.8900000000012 15055.86
20931.43
(a) Ordinary
Domiciliary
Accounts
(b) Total OTC
Purchases
Oil
Companies
Capital
Importations
Home
Remittances
Other OTC
Purchases
Outflow
15847.160000000002 24843.53
24716.120000
A. Through
the Central
Bank
15342.240000000002 24309.83
24321.56
1. WDAS/
RDAS
Utilisation
9523.9599999999991 10668.490000000002 12605.67
WDAS/RDAS
Sales
Inter-bank
FWD
BDC Sales
Inter-bank
Sales
Swaps
Invisibles
IFEM
2. Drawings
on L/C
140.93
285.76000000000005 364.24
3. External
Debt Service
1757.1099999999997 8898.4700000000012 6832.01
Principal
1479.8200000000002 8590.19
6551.7699999
Interest
224.69
176.88
143.36000000
Others
52.600000000000009 131.4
136.88
Professional
fees/
Commission
4. Govt and
International
Grants/
Contributions,
Grants &
Equity
Invests. (AFC
Equity
Participation)
5. National
Indpt Priority
Projects
(NIPP)
125.24000000000002 87.16
84.9
6. Forex
Special
Payment
(Cash Swap/
FX Advance/
To MDAs)
7. Other
Official
Payments
3794.9999999999991 4369.95
4434.7400000
Int'l
Organisations
& Embassies
200.63
300.3
210.82999999
Estacode
917.8599999999999
924.79
1420.3400000
Parastatals
(Public Sector
Uses)
Joint Venture
Company
(JVC) Cash
Calls
1963.74
2317.8700000000003 2476.9600000
Miscellaneous
(CBN Uses)
712.77
826.9899999999999
326.61
8. Bank
Charges
9. NSIA
Transfer
10. Funds
Returned to
Remitters
11. 3RD Party
MDA Transfer
B. Through
Autonomous
Sources
504.92
533.70000000000005 394.56
1. Imports
460.49000000000012 429.38000000000005 386
2. Invisibles
44.429999999999993 104.32
9.5599999999
Netflow
through the
CBN
9629.4999999999982 10771.590000000002 12405.599999
Netflow
through
Autonomous
Sources
9925.5299999999988 15620.85
21593.879999
Netflow
19555.03
26392.44
33999.479999
Source:
Central Bank
of Nigeria
Return to
Menu
Table
D.7.1.1:
Capital
Importation
By Type of
Investment
(US$'
Million)

Q1
Q2
Q3
Foreign
Direct
Investment
- Equity
66.434117900000004
197.17330512000001
294.2808
Foreign
Direct
Investment
- Other
capital
7.4983440000000003
15.03695752
5.013195
Portfolio
Investment
- Equity
927.58411701
580.57652567000002
631.9490
Portfolio
Investment
- Bonds

6.8476839999999997E-2 0
Portfolio
Investment
- Money
market
instruments
124.6
239.4032473
271.0600
Other
Investments
- Trade
credits

0.154875
Other
Investments
- Loans
633.26716313999998
306.53940639999996
297.3205
Other
Investments
- Currency
deposits

Other
Investments
- Other
claims
0.69799999999999995
0.99986600000000003
0.453392
Total
1760.08174205
1339.79778485
1500.232
Table
D.7.1.1:
Capital
Importation
By Type of
Investment
(US$'
Million) . . .
Continued

Q1
Q2
Q3
Foreign
Direct
Investment
- Equity
413.67962117999997
218.57170336000001
715.8571
Foreign
Direct
Investment
- Other
capital
5.0939999999999999E-2 0.12994002000000002
1.855491
Portfolio
Investment
- Equity
1173.37681524
1846.0783998000002
879.9687
Portfolio
Investment
- Bonds
705.98135761000003
100.53703966999998
20.34220
Portfolio
Investment
- Money
market
instruments
16.144603920000002
286.89126346
108.8193
Other
Investments
- Trade
credits

Other
Investments
- Loans
406.17933216
162.56572145999999
696.3813
Other
Investments
- Currency
deposits

0.98999000000000004
7.112667
Other
Investments
- Other
claims
31.50825073
117.84878126
317.7673
Total
2746.9209208400002
2733.61283903
2748.104
Source:
Central
Bank of
Nigeria
Return to Menu
Table D.7.1.2: Capital
Importation By Nature
of Business (US$'
Million)

Q1
Q2
AGRICULTURE
0.67
3.354752
BANKING
126.1
244.88265634999999
BREWERING
17.122046999999998
7.7095140000000004
CONSTRUCTION
4.24759741
3.4106287900000001
CONSULTANCY
4.0200000000000001E-3 5.4705749999999997E
DRILLING
2.6645809300000001
2.9999750000000001
ELECTRICAL

3.3596613999999998
FINANCING
43.826546749999999
91.999334319999988
FISHING
4.9844380600000004
1.2426600000000001
HOTELS

0.5
MARKETING
12.133334
0.52693203
IT SERVICES

OIL and GAS
1.8288551000000002
63.466956140000001
PRODUCTION/
MANUFACTURING
554.37534144999995
69.662653400000011
SERVICING
4.9812770199999994
23.727125230000002
SHARES
931.54455673999996
587.87603359000002
TELECOMMUNICATION 52.555470589999999
224.75634844999999
TANNING

TRADING
2.9747110000000001
10.151149
TRANSPORT
6.8966E-2
0.1167
WEAVING

TOTAL
1760.08174205
1339.79778545
Source: Central Bank of
Nigeria
Return to Menu
Table D.7.1.3:
Capital
Importation By
Country (US$'
Million)

Q1
Q2
Q3
AFGHANISTAN

ALBANIA

ANDORRA

ANGUILLA

ANTIGUA AND
BARBUDA

ARMENIA

AUSTRALIA

0.14497499999999999
0.44
AUSTRIA

AZERBAIJAN

BAHAMAS

1.0249900000000001

BAHRAIN

BANGLADESH

BARBADOS

BELGIUM
33.545295129999992
15.788272019999999
9.96
BELIZE

BENIN

BERMUDA

8.3001299999999993E-3 0
BHUTAN

BOTSWANA

1.99
BOUVET
ISLAND

BRAZIL

BRITISH
INDIAN OCEAN
TERRITORY

BRITISH VIRGIN
ISLANDS
0.5
0.805176
13.0
BRUNEI
DARUSSALAM

BULGARIA

BURKINA FASO 0

CAMEROON

CANADA
2.999968

1.19
CAYMAN
ISLANDS
1.17

3.2
CHINA
6.5927118
0.25280903999999998
2.62
CONGO

COTE D-IVOIRE 0

CYPRUS
15.620155489999998
3.75
12.1
CZECH
REPUBLIC

DENMARK
1.95
0.65
5.49
EGYPT
0.1597624
0.5627624
88.4
FINLAND

FRANCE
4.0200000000000001E-3 0.31245023
55.1
GABON

GAMBIA

GEORGIA

GERMANY
0.48958711999999999
16.295378929999998
36.1
GHANA
1.67987

1.96
GIBRALTAR

3.85E-2

GREECE
0.83499999999999996

GUADELOUPE

GUINEA

HONG KONG
5.1358402000000005
5.3447245399999996
12.6
HUNGARY

ICELAND

4.99
INDIA
2.4980950600000003
7.1963120599999995
3.56
INDONESIA

0.39034600000000003

IRELAND
6.6666000000000003E-2 0

ISLE OF MAN

0.15495999999999999

ISRAEL
0.24995800000000001
3.9965000000000001E-2 0.22
ITALY
0.62672641000000007
1.04910777
3.78
JAPAN
3.9471999999999997E-3 10.94935452

JORDAN

KENYA
2.4999549999999999
0.12

KIRIBATI

KOREA,
REPUBLIC OF

Table D.7.1.3:
Capital
Importation By
Country (US$'
Million) . . .
Continued

Q1
Q2
Q3
KUWAIT

LATVIA

LEBANON
10.833030410000001
11.71223779
2.45
LIBERIA

LIBYA

LIECHTENSTEIN 0
0.45

LUXEMBOURG
1.7417379799999999
2.4844643900000003
100.
MALAYSIA
2.8000000000000001E-2 1.2E-2
1.49
MALTA

MARSHALL
ISLANDS

MAURITANIA

MAURITIUS
23.384848000000002
72.59885328
28.4
MEXICO
0.74172183999999997

MONACO

MOROCCO

MOZAMBIQUE

NAMIBIA

NETHERLANDS
17.13420859
253.75358476999997
88.0
NETHERLANDS
ANTILLES

0.99997499999999995

NEW ZEALAND

NIGER

NIUE

NORWAY

OMAN

PANAMA
0.82992999999999995
0.75726300000000002
0.59
PHILIPPINES

PITCAIRN

POLAND

PORTUGAL

0.17
PUERTO RICO

QATAR

REPUBLIC OF
SOUTH AFRICA
382.68033130000003
83.843251010000003
44.4
ROMANIA
4.9999900000000004

RUSSIAN
FEDERATION

RWANDA

SAINT KITTS
AND NEVIS

SAO TOME &
PRINCIPE

SAUDI ARABIA

SENEGAL

SEYCHELLES

SIERRA LEONE

SINGAPORE
33.135171999999997
4.7268600000000003
0.20
SLOVAKIA

SLOVENIA

SPAIN

1.576079E-2
6.42
SRI LANKA

SWAZILAND

SWEDEN

SWAZILAND

SWITZERLAND
17.698346810000004
16.811750299999996
18.6
SYRIAN ARAB
REPUBLIC

TAIWAN,
PROVINCE OF
CHINA
5.0000000000000001E-3 0.04
3.18
THAILAND

7.0000000000000007E-2 7.00
TOGO

TOKELAU

TUNISIA

TURKEY
2.8476598599999998

UGANDA

UKRAINE

UNITED ARAB
EMIRATES
11.719861460000001
33.382578000000002
15.8
UNITED
KINGDOM
714.27739445999998
554.54440597000007
731.
UNITED
REPUBLIC OF
TANZANIA

UNITED STATES 425.39695152999997
218.71641750999999
227.
UNITED STATES
VIRGIN
ISLANDS

URUGUAY

VIETNAM

ZAMBIA

ZIMBABWE

TOTAL
1760.08174205
1339.79778545

Source: Central
Bank of Nigeria
Return to
Menu
Table D.7.2:
Co-ordinated
Direct
Investment
Survey (₦'
Million)

Country
Total Inward Direct
Investment
Total Equity Inward
(Net)
Total Deb
Afganistan
0.01

0.01
Algeria
6.0919999999999996

6.091999
Angola
9.7219999999999995

9.721999
Asia
94.799000000000007

94.79900
Australia
13.206

13.206
Bahamas
2465.2324199999998
2465.2324199999998 0
Bahrain
1.8759999999999999

1.875999
Belgium
7237.4827360000008
6892.9147360000006 344.5679
Benin
133.27500000000001

133.2750
Bermuda
1906076.3955399999
1068626.1409400001 837450.2
Botswana
0.04

0.04
Brazil
365.46563000000003
326.77463
38.69100
British Virgin
Island
657803.52490600001
20370.908251999997 637432.6
Burkina Faso

Cameroun
40.929000000000002

40.92900
Canada
-3302.9632000000001
-3756.5912000000003 453.6279
Cayman
Islands
38115.471740000001
7416.8677400000006 30698.60
China
2146298.744224932
2090333.9339249323 55964.81
Congo
0.94499999999999995

0.944999
Cote D'Ivoire
2045.6410000000001
1490.0630000000001 555.5779
Cyprus
69013.69640999999
9594.1393599999992 59419.55
Denmark
4871.9910999999993
1975.3711000000001 2896.62
Egypt
11.608000000000001

11.60800
Equitorial
Guinea
-35.015010000000004
-35.015010000000004 0
Eritrea
8.0120000000000005
8.0120000000000005 0
Finland
538.24400000000003
68.257999999999996 469.9859
France
901831.40334100008
614804.11516100017 287027.2
Fremley

Gabon
277.11099999999999

277.1109
Gambia
22.574999999999999
22.574999999999999 0
Germany
20072.882595499999
13190.933595500001 6881.949
Ghana
19111.285188769994
16693.064828769999 2418.220
Gibraltar
2332.3220300000003
687.89702999999997 1644.425
Greece
11327.212
11327.212

Guerrsey
473.077
473.077

Guinea
0.02

0.02
Guinea Bissau
7.2999999999999995E-2 0
7.299999
Gulf
209.298

209.298
Hong Kong
5455.5082000000002
5397.2341999999999 58.27400
Hungary
33.17
33.17

India
62669.663827770004
61352.73282777
1316.931
Indonesia
2.411

2.411
Ireland
1789.5885499999999
209.64155
1579.946
Isle of Man
1674.1961999999999
1674.1961999999999 0
Israel
133047.77053000001
133047.77053000001 0
Italy
758044.75775679993
234483.45275680002 523561.3
Japan
2130.8524397000001
1889.7664397000003 241.0860
Jordan
424.46379999999994
424.46379999999994 0
Kazakhstan
1632.4829999999999

1632.482
Kenya
82353.799714799999
82346.897714799998 6.902000
Kuwait
166.572
166.572

Lebanon
909317.95234338997
721431.11546533997 187886.8
Liberia
13472.856800000001
13472.856800000001 0
Libya
1132.9059
761.04489999999998 371.8609
Luxemburg
10999.431919999999
-125.62408000000008 11125.05
Madeira Island 337.99599999999998
337.99599999999998 0
Malaysia

Mauritius
141812.773082
140147.21208199998 1665.560
Mexico
1.45

1.45
Monaco
4452.0825000000004
4452.0825000000004 0
Netherlands
2298386.0685930001
1200711.4995929999 1097674
Norway
4898.1468399999994
-3252.2796800000001 8150.426
Others
27285.598752000002
3748.5987519999999 23537
Pakistan
401.56299999999999
374.85399999999998 26.709
Panama
141472.39276249998
141472.39276249998 0
Peachtree
0.48599999999999999

0.485999
Perth
2.387

2.387
Philipines
22.099

22.099
Portugal
644.91899999999998
644.91899999999998 0
Qatar
13815.906000000001

13815.90
Ireland

Romania
1841.5374999999999
1070.7465
770.7910
Rwanda
0.223

0.223
Saudi Arabia
50029.892899999999
49881.649899999997 148.2429
Scandinavia
119.508

119.508
Senegal

Seychelles
357.62900000000002

357.6290
Shagar
35.226999999999997

35.22699
Sierra Leone
1988.9097939999999
1987.964794
0.944999
Singapore
76101.457618600005
72922.505028600004 3178.952
Slovakia

South Africa
283993.875856
212941.237376
71052.63
South Korea
3749.2976014000001
3707.7806014000003 41.51700
Spain
12000
12000

Sri Lanka
552.31700000000001
552.31700000000001 0
Sudan
11229.98
-4397.143
15627.12
Swaziland
4002.4867889000002
4002.4637889000001 2.3E-2
Sweden
21718.532415199999
21635.845415199998 82.68699
Switzerland
499903.15182129998
495168.26146129996 4734.890
Syria
13.430122649999999
13.101122649999999 0.329000
Tanzania

Thailand
554.46690000000001
535.7989
18.66799
Togo
68557.527000000002
42275.711000000003 26281.81
Trinidad

Tunisia
0.67400000000000004

0.674000
Turkey
82.522999999999996

82.52299
UAE
46172.09259
22494.618589999998 23677.47
Uganda
0.34799999999999998

0.347999
UK
1493260.2001905402
1266930.2513505402 226329.9
USA
418770.58185952995
389342.34865952999 29428.23
Vanuatu
343.60899999999998
343.60899999999998 0
Vietnam

Yemen

Zambia
1518.758

1518.758
Total
13402369.174122285
9201587.5181102324 4200781
Source:
Central Bank
of Nigeria
Table D.7.2:
Co-ordinated
Direct
Investment
Survey (₦'
Million)

Country
Total Inward Direct
Investment
Total Equity Inward
(Net)
Total Deb
Afganistan
1.2999999999999999E-2 0
1.299999
Algeria
1146.6099999999999

1146.609
Angola
4.88

4.88
Asia
8.2219999999999995

8.221999
Australia
21.725000000000001

21.72500
Bahamas
2517.0803999999998
2517.0803999999998 0
Bahrain

Belgium
8860.7251359999991
8617.8671360000008 242.858
Benin
144.01300000000001

144.0130
Bermuda
2015792.0628300002
1051727.24013
964064.8
Botswana
0.191

0.191
Brazil
370.11263000000002
326.77463
43.33800
British Virgin
Island
956715.49614499998
31672.661549999993 925042.8
Burkina Faso
1.881

1.881
Cameroun
92.343000000000018

92.34300
Canada
8921.3081999999995
8613.2111999999997 308.0969
Cayman
Islands
41196.224139999998
7702.7401399999999 33493.48
China
2103060.4809249318
2047670.441624932
55390.03
Congo
6.44

6.44
Cote D'Ivoire
2026.36
1791.1410000000001 235.2189
Cyprus
76992.922269999995
7748.7051600000004 69244.21
Denmark
2054.4407000000001
1421.8356999999999 632.6050
Egypt
273.24700000000001

273.2470
Equitorial
Guinea
10.128
10.128

Eritrea
8.0120000000000005
8.0120000000000005 0
Finland
449.596
74.393000000000001 375.2029
France
917280.55728099984
642224.61152100004 275055.9
Fremley
5.6109999999999998

5.610999
Gabon
1315.7159999999999

1315.715
Gambia
22.574999999999999
22.574999999999999 0
Germany
25193.110995899999
18286.327995900003 6906.783
Ghana
44545.029364769995
23197.26836477
21347.76
Gibraltar
685.98291999999992
114.14191999999998 571.8410
Greece
11327.212
11327.212

Guerrsey
614.80799999999999
614.80799999999999 0
Guinea
0.53800000000000003

0.538000
Guinea Bissau

Gulf
5.7510000000000003

5.751000
Hong Kong
7265.7439999999997
5527.7979999999998 1737.945
Hungary
33.17
33.17

India
93883.343987769986
90527.254987769993 3356.088
Indonesia
31.274999999999999

31.27499
Ireland
3136.5766600000002
-524.52833999999996 3661.105
Isle of Man
1585.691
1585.691

Israel
70899.62904
70899.558040000004 7.099999
Italy
761486.35242679995
239483.61142680002 522002.7
Japan
2168.6550397000001
1978.8980397
189.7570
Jordan
527.97648000000004
527.97648000000004 0
Kazakhstan
2114.924

2114.924
Kenya
91539.420514800018
91522.064514800019 17.35600
Kuwait
193.5384
193.5384

Lebanon
2030963.3532233902
738744.85734533996 1292218
Liberia
48462.794470000001
48462.794470000001 0
Libya
1309.2501000000002
876.19309999999996 433.0570
Luxemburg
10317.41568
-590.94732000000033 10908.36
Madeira Island 314.59199999999998
314.59199999999998 0
Malaysia
78.728999999999999

78.72899
Mauritius
156220.15289199995
134245.05289199998 21975.09
Monaco
3385.0496000000003
3385.0496000000003 0
Netherlands
2450075.5133979996
1359312.5163980001 1090762
Norway
5213.7369900000003
-3128.3150500000002 8342.052
Others
264951.33750200004
241414.33750200001 23537
Pakistan
501.60199999999998
427.673
73.92900
Panama
150256.4667625
150201.12221999999 0
Peachtree

Perth

Philipines
39.695999999999998

39.69599
Portugal
1259.9504999999999
1259.9504999999999 0
Qatar
17094.019

17094.01
Ireland

Romania
2390.328
1164.366
1225.962
Rwanda
1.2170000000000001

1.217000
Saudi Arabia
549430.81499999994
549260.80000000005 170.0149
Scandinavia

Senegal
61.19

61.19
Seychelles
813.48500000000001

813.4850
Shagar
53.460999999999999

53.46099
Sierra Leone
51533.70033
51522.711329999998 10.98900
Singapore
85245.945528599987
73249.525498599993 11996.42
Slovakia
5.9939999999999998

5.993999
South Africa
397964.19278600003
327221.76878600003 70742.42
South Korea
3802.1804013999999
3801.8374013999996 0.343000
Spain
24500
24500

Sri Lanka
867.31600000000003
867.31600000000003 0
Sudan
11272.006599999999
-4382.2974000000004 15654.30
Swaziland
0.36099999999999999

0.360999
Sweden
4115.6707888999999
3927.1977889
188.4730
Switzerland
590837.51352949999
586132.94021949999 4704.573
Syria
1629.99205665
1628.2730566499999 1.719000
Tanzania
2.7330000000000001

2.733000
Thailand
1216.1342999999999
1189.5653
26.56899
Togo
68557.527000000002
42275.711000000003 26281.81
Trinidad
1.089

1.089
Tunisia
0.67400000000000004

0.674000
Turkey
29.756

29.756
UAE
62258.523309999997
22985.772309999997 39272.75
Uganda
0.86099999999999999

0.860999
UK
1580892.5244175401
1385947.48199754
194945.0
USA
641946.15175302979
609852.59869302984 32093.55
Vanuatu
326.65499999999997
326.65499999999997 0
Vietnam

Yemen
4.8000000000000001E-2 0
4.800000
Zambia
0.17699999999999999

0.176999
Total
16476739.584406182
10723841.308660632 5752842
Source:
Central Bank
of Nigeria
Table D.7.2:
Co-ordinated
Direct
Investment
Survey (₦'
Million)

Country
Total Inward Direct
Investment
Total Equity Inward
(Net)
Total Deb
Algeria
6.0919999999999996

6.091999
Angola
-167.60838000000001

-167.608
Australia
-8763.134

-8763.13
Bahamas
-4370.8835499999996
8.0214499999999997 -4378.90
Barbados
-32098.999999999996

-32098.9
Belgium
187722.22525999998
187608.16225999998 114.063
Benin

Bermuda
523168.49315540004
523054.22115539998 114.2720
British Virgin
Island
524828.17968122801
36638.566681227996 488189.6
Burundi
-15

-15
Cameroon
-84.531000000000006

-84.5310
Canada
8726.2187589999994
8219.6797590000006 506.5389
Cayman
Islands
41898.844572067799
6418.8445720677992 35480
Chad
0.28100000000000003

0.281000
China
708447.92733675975
708447.92733675975 0
Congo
-33.445999999999998

-33.4459
Cote D'Ivoire
525.87194999999997
1132.0459499999999 -606.173
Cyprus
6371.5749999999998
7168.6139999999996 -797.038
Denmark
2863.5536175904199
2782.8496175904202 80.70399
Egypt
722.43899999999996
388.75400000000002 333.685
Equitorial
Guinea
10.128
10.128

Finland
393.87799999999999
74.393000000000001 319.4850
France
845398.9385193343
701457.67851933429 143941.2
Gabon
-193.209

-193.209
Gambia
-1

-1
Germany
32998.150205339996
32894.50920534
103.6410
Ghana
41607.365575600001
22794.783575599999 18812.58
Gibraltar
886.46547999999996
632.94047999999998 253.5250
Greece
5501.2628000000004
5501.2628000000004 0
Guernsey
614.80799999999999
614.80799999999999 0
Guinea
-439.88265999999999

-439.882
Hong Kong
1050.8081532828999
1050.8081532828999 0
India
627044.75289607304
610584.62189607299 16460.13
Indonesia
48.853000000000002

48.85300
Isle of Man
1237.799
1237.799

Israel
70908.558040000004
70908.558040000004 0
Italy
21077.816167034001
19164.577667034002 1913.238
Japan
5813.506511999999
5813.506511999999

Jersey
493.49285520000001
435.07885519999996 58.41400
Jordan
719.67899999999997
340.14800000000002 379.5310
Kenya
91366.286400000012
91366.286400000012 0
Lebanon
516064.84849041956
512478.47828236956 3586.370
Liberia
48315.938719800004
48319.2597198
-3.32100
Liechtenstein
-185924.9117154268
2787.0882845732099 -188712
Luxembourg
54967.491100600004
17927.753100600003 37039.73
Madeira Island 314.59199999999998
314.59199999999998 0
Malawi
-4

-4
Malaysia
12.5
12.5

Mauritius
171514.90830540002
168908.87971040001 2606.028
MOZAMBIQUE -11.734

-11.734
Nepal
14.423

14.423
Netherlands
1927114.3394579079
1552629.7532631478 374484.5
New Zealand
34.530999999999999
34.530999999999999 0
Norway
150187.46481977002
11409.21932977
138778.2
Others
620.93820000000005
620.93820000000005 0
Pakistan
427.673
427.673

PANAMA
166194.97098339998
164980.01198339998 1214.959
Portugal
1259.9504999999999
1259.9504999999999 0
Qatar
10345.416999999999

10345.41
Romania
1164.366
1164.366

Saudi Arabia
549288.625
549260.80000000005 27.82499
Seychelles
813.48500000000001

813.4850
SIERRA
LEONE
51510.711329999998
51510.711329999998 0
Singapore
84654.1453912
61552.954691200001 23101.19
South Africa
518709.53220709995
517699.94820709998 1009.584
South Korea
3789.0747000000001
3788.5227
0.552000
Spain
3177.6260000000002
3177.6260000000002 0
SRI LANKA
867.31600000000003
867.31600000000003 0
Sweden
3927.1977889
3927.1977889

Switzerland
77107.476999922495
66640.994999922492 10466.48
Syria
2738.877
2738.877

Thailand
1189.5653
1189.5653

Togo
166253
166253

Turkey
29.68

29.68
UAE
16913.229950000001
18481.79895
-1568.56
Uganda
-1

-1
UK
1904659.2565627
1995508.4084927002 -90849.1
USA
652678.36433286499
638891.46382249997 13786.90
Vanuatu
111.855744
111.855744

Zambia
-4

-4
Total
10607315.28151447
9611625.6102862954 995689.6
Source:
Central Bank
of Nigeria
Table D.7.2:
Co-ordinated
Direct
Investment
Survey (₦'
Million)

Country
Total Inward Direct
Investment
Total Equity Inward
(Net)
Total Deb
Aberdeen
2410.63

2410.63
Afganistan
1.2999999999999999E-2 0
1.299999
Angola
4.88

4.88
Australia
984.10799999999995
962.38300000000004 21.72500
Bahamas
13.478999999999999
13.478999999999999 0
Bahrain
56.4

56.4
Belgium
8926.7882199999985
7956.5509799999991 970.2372
Benin
1579.384

1579.384
Bermuda
616075.41745999991
615382.55245999992 692.8650
Botswana
0.191

0.191
Brazil
3494.4659999999999

3494.465
British Virgin
Island
1106921.634695
184226.122695
922695.5
Burkina Faso
56.432000000000002

56.43200
Cameroun
61.697000000000003

61.69700
Canada
8543.9326671999988
8234.1206672000008 309.8120
Cayman
Islands
475534.51007034699
433616.738070347
41917.77
Chad
144.01300000000001

144.0130
Chile
5.7839999999999998

5.783999
China
1677356.7744117298
1676176.5824117297 1180.192
Congo
204.24

204.24
Cote D'voire
10442.0328212
10316.0378212
125.995
Cyprus
31064.611565400002
11972.906455400002 19091.70
Denmark
2832.8604218999999
2442.1854219000002 390.6750
Egypt
9934.6972499999993
9934.2492500000008 0.448000
Equatorial
Guenie
-38.38364
-42.01164
3.628000
Eritrea

Finland
449.596
74.393000000000001 375.2029
France
939852.8899013435
761272.35290134349 178580.5
Gabon
56.999000000000002

56.99900
Germany
9884.2911976999894
1965.1571976999892 7919.134
Ghana
19756.538809999998
9948.9748099999979 9807.564
Gibraltar
6224.5483647999999
945.42836479999994 5279.12
Greece
38.429934807999999
10.108934808000001 28.32100
Guinea Bissau
0.53800000000000003

0.538000
Hongkong
2878.2733006720005
683.10730067200006 2195.166
Hungary

India
1782440.6081732179
1741669.9221732179 40770.68
Indonesia
58.734000000000002

58.73400
ireland
4298.9950230000004
4264.1990230000001 34.79599
Isle of Man
1356.31639
1356.31639

Israel
70908.558040000004
70908.558040000004 0
Italy
273031.77631575504
141462.77787575501 131568.9
Japan
11126.881638000001
11126.881638000001 0
Jordan
19387.165720799996
19387.165720799996 0
Kenya
91826.678400000004
91366.286400000012 460.392
Kingston and
Grenadines
179.55648499999998
179.55648499999998 0
Korea

Lebanon
472539.92612791696
471563.54724986688 976.3788
Liberia
48319.2597198
48319.2597198

Liechtenstein
3467.8139073411899
3467.8139073411899 0
Luxembourg
45378.416530600007
8338.678530600002
37039.73
Madagascar
5.7910000000000004

5.791000
Madeira Island 314.59199999999998
314.59199999999998 0
Malawi
16.805

16.805
Malaysia
103.794
12.5
91.29399
Mauritius
311095.5650756603
309287.47407566028 1808.090
Netherlands
3533318.079388517
2727914.3868285171 805403.6
New Zealand
872.77440000000001
872.77440000000001 0
Niger
6152.8029999999999

6152.802
Norway
100264.47925943999
33738.419689439987 66526.05
Pakistan
484.226
427.673
56.55299
Panama
15061.516667800001
9636.3326677999994 5425.184
Philipines
34.667999999999999

34.66799
Portugal
1321.8112599999999
1321.8112599999999 0
Qatar
1720.9094731999999
977.43847319999998 743.471
Romania
1225.962

1225.962
Russia
86.54

86.54
Rwanda
4.8120000000000003

4.812000
Saudi Arabia
549392.65899999999
549260.80000000005 131.8590
Senegal
21.905999999999999

21.90599
Seychelles
813.55200000000002

813.5520
Sierra Leone
1852.2993300000001
1826.4973300000001 25.802
Singapore
70489.667000499991
61840.637000499999 8649.030
South Africa
439735.84455759998
431282.87555759994 8452.968
South Korea
119131.5827
9135.8036999999986 109995.7
Spain
132.136
132.136

Sudan
-81.59
-115.919
34.32900
Swaziland
0.36099999999999999

0.360999
Sweden
4094.2407889000001
3927.1977889
167.0430
Switzerland
157199.60967552254
148816.94387552253 8382.665
Syria
1.7190000000000001

1.719000
Tanzania
89.894000000000005

89.89400
Thailand
2381.5605
2381.3485000000001 0.211999
Togo
212188.54725964952
212188.54725964952 0
Turkey
108.053

108.053
Uganda
29.254999999999999

29.25499
UK
2101690.3405981362
1912197.4874961362 189492.8
Unallocated
38664.390115000002
18.220520000000075 38646.16
United Arab
Emirates
111352.9893302
61597.413330200005 49755.57
USA
967862.84676047252
719797.89816047251 248064.9
Vanuatu
-500.53608000000003
-500.53608000000003 0
Yemen
4.8000000000000001E-2 0
4.800000
Zambia
3.831

3.831
Total
16508813.718984129
13547793.136089079 2961020
Source:
Central Bank
of Nigeria
Table D.7.2:
Co-ordinated
Direct
Investment
Survey (₦'
Million)

Country
Total Inward Direct
Investment
Total Equity Inward
(Net)
Total Deb
Algeria
4.5250000000000004

4.525000
Angola
176.60470764226227

176.6047
Argentina
1059.0853841999999
1020.3748842
38.71050
Australia
1273.8295243937055

1273.829
Bahamas
2613.9823334999996
2613.9823334999996 0
Bahrain

Belgium
375383.76851332001
13503.089513320001 361880.6
Benin
385.197

385.197
Bermuda
2342874.2677789
1332095.2452789003 1010779
Brazil
86234.613281128914
86131.268834200004 103.3444
British Virgin
Islands
115205.017080522
96409.488080522002 18795.52
Bulgaria
7.9930000000000003

7.993000
Burkina Faso
5.0179999999999998

5.017999
Cameroon
87.361000000000004

87.36100
Canada
576.73737121375848
470.32081699999998 106.4165
Cayman
Islands
797928.19465717743
562746.79101579997 235181.4
China
693418.90648137941
679639.78248137934 13779.12
Columbia

Congo
3.0270000000000001

3.027000
Congo DR
4.5720000000000001

4.572000
Costa Rica
1.6040000000000001

1.604000
Cote D'Ivoire
23831.779686999998
8578.635687
15253.14
Cyprus
6747.061781418116
1379.8533031067
5367.208
Czech
Republic
2.3290000000000002

2.329000
Denmark
7601.5444446269894
1847.44944462699
5754.095
Egypt
7539.8035999999993
7416.1220000000003 123.6816
Estonia
1.2829999999999999

1.282999
Finland
62.834540000000004
54.495539999999998 8.339000
France
1771233.4821852264
1675155.2561399064 96078.22
Gabon
0.59299999999999997

0.592999
Gambia
4.38

4.38
Germany
73223.689705688885
44588.223375899994 28635.46
Ghana
5484.5755436408035
2136.655543640803
3347.92
Gibraltar
17021.979719999999
-109.14528
17131.12
Greece
216.14

216.14
Guernsey
5351.3559999999998

5351.355
Guinea
39.756

39.756
Hong Kong
2893.79448195036
1849.3494819503599 1044.444
Hungary
24.909299999999998
22.8873
2.021999
India
206249.65752516518
203177.03677516518 3072.620
Indonesia
42.8035

42.8035
Ireland
5136.2151662338638
4232.4080532299995 903.8071
Isle of Man
76207.511840000006
4580.9688399999995 71626.54
Israel
80091.487362799991
80091.487362799991 0
Italy
160618.71673428398
120126.32973428398 40492.38
Japan
35774.460009999995
6592.6970099999999 29181.76
Jersey
2976.9353987000009
2976.9353987000009 0
Jordan
734.82174588000009
126.20074588000001 608.6209
Kenya
16315.243

16315.24
Kuwait
782.86568219999992
782.86568219999992 0
Lebanon
68807.35552648564
64151.539510443799 4655.816
Liberia
57598.429530999994
57535.653338399999 62.77619
Liechtenstein
18.3045747719543
18.3045747719543

Luxembourg
49943.931618423652
9494.3876686399981 40449.54
Malaysia
270.43038642169711
12.125
258.3053
Mali
10.050000000000001

10.05000
Malta
58.933

58.933
Mauritius
77191.438755799987
7289.8863787999953 69901.55
Mexico

Monaco
3611.0887499999999
3611.0887499999999 0
Morocco
322.90499999999997

322.9049
Nepal
346.12700000000001

346.1270
Netherlands
4537648.4498658786
3226238.3617479191 1311410
Norway
20119.198641517811
-28189.173169900001 48308.37
Others
15863.76451626
118.51951625999999 15745.24
Pakistan
698.55626000000007
483.27048999999994 215.2857
Panama
2215.8992389999999
1304.6082390000001 911.2910
Philippines
0.91400000000000003

0.914000
Poland
29.715

29.715
Portugal
1026.6042642999998
1006.8922643
19.712
Qatar
10.714

10.714
Romania
4386.5090292055638

4386.509
Russia
16.940000000000001

16.94000
Saint Kitts and
Nevis
884.31299999999999
884.31299999999999 0
Saudi Arabia
28.527000000000001

28.52700
Senegal
0.91200000000000003

0.912000
Seychelles
884.31299999999999
884.31299999999999 0
Sierra Leone
2862.5478210000001
2020.5920000000001 841.9558
Singapore
245605.81379767373
150288.08979767372 95317.72
Slovakia

South Africa
313028.86231147812
297617.36977347813 15411.49
South Korea
16803.393230999998
15654.657330999999 1148.735
Spain
2.048

2.048
Sudan
280.45100000000002

280.4510
Sweden
964.85699999999997

964.8569
Switzerland
172151.86098880536
132282.59103460141 39869.26
Syria
9.0397746285
9.0397746285

Tanzania

Thailand
2770.9040749999999
2677.4420749999999 93.46200
Togo
227762.86380000002
227703.8438
59.02
Tunisia
10.808

10.808
Turkey
32.8795

32.8795
Uganda
43.204000000000001

43.20400
United Arab
Emirates
332010.0673853
29017.825385299995 302992.2
United
Kingdom
1549325.2785414702
1406711.7318167933 142613.5
USA
702960.32969431055
117795.73327367906 585164.5
Zambia
9.4459999999999997

9.445999
Total
15332091.292947926
10666860.061748004 4665231
Source:
Central Bank
of Nigeria
Table D.7.2:
Co-ordinated
Direct
Investment
Survey (₦'
Million)
2016 1
Country
Total Inward Direct
Investment
Total Equity Inward
(Net)
Total Deb
Algeria
0.125

0.125
Angola
2482.4199676422622

2482.419
Argentina
2.4940000000000002

2.494000
Australia
9782.8366784927057
9774.5006540989998 8.336024
Austria
9.6000000000000002E-2 0
9.600000
Azerbaijan
1671.194

1671.194
Bahamas
1168.522062
1168.522062

Bahrain

Bangladesh
522.90200000000004

522.9020
Belgium
211221.64103292002
45616.23927292
165605.4
Belize
1989.4958999999999
1989.4958999999999 0
Benin
1293.4870000000001

1293.487
Bermuda
4257800.7201772453
2343648.048992245
1914152
Brazil
86536.064019128913
86440.540572200014 95.52344
British Virgin
Islands
1644992.5684383484
896627.57343834825 748364.9
Bulgaria
0.93300000000000005

0.933000
Cameroon
177.22995

177.2299
Canada
1194.9729783137584
966.25142409999989 228.7215
Cayman
Islands
723716.21725517733
508421.5051138
215294.7
China
642322.99926337937
623501.03026337933 18821.96
Congo
3.0270000000000001

3.027000
Cote D'Ivoire
10767.9232928
10521.5758128
246.3474
Cyprus
9690.9463927400157
1707.1693144286
7983.777
Czech
Republic
4.5860000000000003

4.586000
Denmark
9403.4474740616697
2625.5864740616698 6777.860
DR Congo
18.193000000000001

18.19300
Ecuador
1459.8377601999998
422.35576020000002 1037.482
Egypt
19634.881000000001
7110.2809999999999 12524.6
Finland
2309.4485399999999
54.495539999999998 2254.953
France
2686532.3739712443
2634651.1279309243 51881.24
Gabon
65.224000000000004

65.22400
Gambia

Germany
64195.454863924882
20447.326638136001 43748.12
Ghana
20130.85191930323
2173.0339193032296 17957.81
Gibraltar
26555.803920000002
132.24591999999998 26423.55
Greece
17569.926849749998
14526.075849749999 3043.851
Guernsey
25043.618999999999
1560.893
23482.72
Guinea
3.9592399999999999

3.959239
Hong Kong
204506.75025175637
3074.81125175636
201431.9
Hungary
505.59429999999998
22.8873
482.7069
India
832639.65342048288
814516.87229090941 18122.78
Indonesia
3144.8409999729033
270.969999972903
2873.871
Iran
8.5690000000000008

8.569000
Iraq
8.61

8.61
Ireland
6990.5093350038642
131.46667200000002 6859.042
Isle of Man
9954.2681599999996
-61.368839999999999 10015.63
Israel
80091.487362799991
80091.487362799991 0
Italy
273013.07161565399
197377.34261565402 75635.72
Japan
17031.915399999998
7401.8283999999994 9630.086
Jersey
56889.769804199997
27571.752804200001 29318.01
Jordan
734.82174359999988
126.20074359999998 608.6209
Kenya
25196.212502000002
355.01050199999997 24841.20
Kuwait
909.37165306470001
909.37165306470001 0
Lebanon
296541.20969441067
278659.00389836886 17882.20
Liberia
59245.0162996
59229.7662996
15.25
Liechtenstein
18.3045747719543
18.3045747719543

Luxembourg
42668.235129983666
5652.9411802000004 37015.29
Madagascar
4.218

4.218
Malaysia
22531.3076375577
22161.160851136003 370.1467
Malta
237.26499999999999

237.2649
Mauritania
11.026999999999999

11.02699
Mauritius
252438.02106919998
7273.0822261999838 245164.9
Mexico
43.732999999999997

43.73299
Monaco
3696.0697500000001
3696.0697500000001 0
Morocco
2651.4404
2277.9083999999998 373.5319
Mozambique
1002.5839999999999

1002.583
Nepal
357.74799999999999

357.7479
Netherlands
4063841.2945978376
2892640.7657248783 1171200
Norway
89102.981223336814
-46592.398268081
135695.3
Others
35735.151495360005
22441.054344260003 13294.09
Pakistan
820.12056599999983
483.27048999999994 336.8500
Panama
47526.604874406992
28149.980874406996 19376.62
Poland
79.606999999999999

79.60699
Portugal
1153.7757111999999
1000.6907112
153.0850
Qatar
11.348100000000001

11.34810
Republic of
Congo
3196.2710000000002

3196.271
Romania
4846.9420292055638

4846.942
Russia
30.898

30.898
Rwanda
3602.6840000000002
3602.6840000000002 0
Saint Kitts and
Nevis
884.31299999999999
884.31299999999999 0
Saudi Arabia
71.953999999999994

71.95399
Senegal
48.383000000000003

48.38300
Seychelles
884.31299999999999
884.31299999999999 0
Sierra Leone
2812.6497580000005
2511.2378480000002 301.4119
Singapore
362796.6838343105
206876.11752431054 155920.5
Slovakia
19.238

19.238
South Africa
540081.49843978207
303458.62606578204 236622.8
South Korea
62778.161026679991
-8622.1371783200011 71400.29
Spain
100.255

100.255
Sweden
865.49300000000005

865.4930
Switzerland
220042.14121956436
148332.76416536045 71709.37
Syria
444.85060609850007
435.1136060985001
9.737000
Tanzania
2689.8970749999999
2677.4420749999999 12.455
Thailand
63.738999999999997

63.73899
Togo
227592.39864
220726.19219999999 6866.206
Tunisia
0.47099999999999997

0.470999
Turkey
9.6440000000000001

9.644000
Uganda
985.53
963.8
21.73
United Arab
Emirates
82284.791002890794
31420.554553890801 50864.23
United
Kingdom
2802583.1176997023
1936388.220723826
866194.8
United States
2493386.1772513147
288454.43712368305 2204931
Venezuela
18.128

18.128
Zambia
13.289

13.289
Total
23724756.843201425
14761959.787373224 8962797
Source:
Central Bank
of Nigeria
Notes:
1Revised
Table D.7.2:
Co-ordinated
Direct
Investment
Survey (₦'
Million)
2017 2
Country
Total Inward Direct
Investment
Total Equity Inward
(Net)
Total Deb
Algeria
0.125

0.125
Angola
161.42169764226227

161.4216
Argentina
1.2110000000000001

1.211000
Australia
13097.569635338707
13081.561610945002 16.00802
Austria
0.53400000000000003

0.534000
Azerbaijan
1324.3422372999999
1324.3422372999999 0
Bahamas
3.8460000000000001

3.846000
Bahrain
522.90200000000004

522.9020
Bangladesh
252793.90681992
60757.66229991999
192036.2
Belgium
2194.7825004000001
2194.7825004000001 0
Belize
1113.50074

1113.500
Benin
4173465.9803988053
2330639.7442138051 1842826
Bermuda
86162.904461128914
86065.580014200023 97.32444
Brazil
1856207.7448862181
943801.06388621824 912406.6
British Virgin
Islands
2.2999999999999998

2.299999
Bulgaria
594.66

594.66
Cameroon
1877.1281999137589
1837.9086457000003 39.21955
Canada
738458.30065037741
492136.04050900001 246322.2
Cayman
Islands
796887.92746337934
778435.94646337943 18451.98
China
3.48

3.48
Congo
10927.8087019
10576.4722119
351.3364
Cote D'Ivoire
9405.8623927400149
1707.1693144286
7698.693
Cyprus
5.2729999999999997

5.272999
Czech
Republic
10916.84147406167
3978.8704740616699 6937.970
Denmark
11.288

11.288
DR Congo
1759.0776654000001
583.28766540000004 1175.79
Ecuador
19536.618999999999
7110.2809999999999 12426.33
Egypt
2308.8595399999999
54.495539999999998 2254.364
Finland
2707032.8733055443
2638475.9084442244 68556.96
France
98.695999999999998

98.69599
Gabon

Gambia
64758.654379325686
22684.955653536799 42073.69
Germany
18918.66298410323
2110.0619841032299 16808.60
Ghana
17414.40256975
17414.40256975

Gibraltar
3762.81

3762.81
Greece
41336.97
2666.0279999999998 38670.94
Guernsey
3.24404

3.24404
Guinea
190483.72717375637
3304.1971737563599 187179.5
Hong Kong
1113.5063
22.8873
1090.618
Hungary
976727.12414070056
957868.27710831212 18858.84
India
5156.6939998268435
1731.5619998268439 3425.132
Indonesia
8.5690000000000008

8.569000
Iran
8.61

8.61
Iraq
8178.5485680038637
131.46667200000002 8047.081
Ireland
10783.829820000001
616.41881999999998 10167.41
Isle of Man
80091.487362799991
80091.487362799991 0
Israel
241477.077966254
199147.70796625401 42329.37
Italy
13886.043230000001
9199.0302300000003 4687.012
Japan
34398.831538399994
27271.764038399997 7127.067
Jersey
734.82174359999988
126.20074359999998 608.6209
Jordan
25319.340501999999
355.01050199999997 24964.33
Kenya
3072.6160810127994
3072.6160810127994 0
Kuwait
295311.85092131066
273180.85612526879 22130.99
Lebanon
63535.602757799999
63517.5857578
18.01699
Liberia
18.3045747719543
18.3045747719543

Liechtenstein
39340.774231983662
3490.5382822000001 35850.23
Luxembourg
4.218

4.218
Madagascar
22042.801390301702
21740.420013880004 302.3813
Malaysia
31.084

31.084
Malta
109.182

109.182
Mauritania
289624.13285109994
-140690.78181190006 430314.9
Mauritius
76.349000000000004

76.34900
Mexico
3727.76775
3727.76775

Monaco
2635.5819999999999
2262.0500000000002 373.5319
Morocco
94.108999999999995

94.10899
Mozambique
357.74799999999999

357.7479
Nepal
4062935.1842405731
2996420.7843876141 1066514
Netherlands
86649.238697397799
8743.206995980001
77906.03
Norway
134793.49749036002
131258.77135926002 3534.726
Others
735.13669899999991
483.27048999999994 251.8662
Pakistan
33528.010527489998
15773.768527490001 17754.24
Panama
84.173000000000002

84.17300
Poland
1145.7751436999999
996.36614370000007 149.4089
Portugal
11.348100000000001

11.34810
Qatar
3225.5450000000001

3225.545
Republic of
Congo
4428.2190292055639

4428.219
Romania
406.44200000000001

406.4420
Russia
3363.7759999999998
3353.7759999999998 10
Rwanda
884.31299999999999
884.31299999999999 0
Saint Kitts and
Nevis
253.71299999999999

253.7129
Saudi Arabia
12.289

12.289
Senegal
884.31299999999999
884.31299999999999 0
Seychelles
3085.657381
2784.6794709999999 300.9779
Sierra Leone
418876.0679508085
216305.47719080854 202570.5
Singapore
46.665849999999999

46.66584
Slovakia
600158.55370558205
312952.785291582
287205.7
South Africa
146566.3916337307
43464.788428730695 103101.6
South Korea
96.26

96.26
Spain
843.28084999999999

843.2808
Sweden
203465.23366736443
151498.94584316044 51966.28
Switzerland
-222.28122563650004
-232.01822563650006 9.737000
Syria
13.603999999999999

13.60399
Tanzania
2754.1470749999999
2677.4420749999999 76.70499
Thailand
273743.15220000001
267269.66619999998 6473.485
Togo
0.47099999999999997

0.470999
Tunisia
12.601000000000001

12.60100
Turkey
984.54300000000001
963.8
20.74299
Uganda
108660.66208036602
31402.951157365998 77257.71
United Arab
Emirates
2446549.8671706151
1766779.6850647388 679770.1
United
Kingdom
2286018.1398128555
309063.76330722403 1976954
United States
18.545000000000002

18.54500
Venezuela

Zambia
13.289

13.289
Total
23966466.669726282
15191552.467636274 8774914
Source:
Central Bank
of Nigeria
Notes:
1Provisional