MENU
D.1.1
Foreign Trade: Oil and Non-Oil
D.1.2
Value of Major Imports Groups by S.I.T.C Sections
D.1.2.1
Imports by H. S. Section
D.1.3
Export Commodity Price Index (Base Period: January
2007)
D.1.3.1
Export Commodity Price Index (Base Period: January
2018)
D.1.4
Import Commodity Price Index (Base Period: January
2007)
D.1.4.1
Import Commodity Price Index (Base Period: January
2018)
D.1.5
Commodity Terms of Trade (Base Period: January 2007)
D.1.5.1
Commodity Terms of Trade (Base Period: January 2018)
D.2.1.1A Balance of Payments - Analytical Statement (1981 –
1993)
D.2.1.1B Balance of Payments - Analytical Statement (1994 –
2004)
D.2.1.2A Balance of Payments Compilation (2005 - 2017) - (₦'
Million)
D.2.1.2B Balance of Payments Compilation - (2018 - 2022) - (₦'
Million)
D.2.1.3A Balance of Payments Compilation (20025 - 2017) - (US$'
Million)
D.2.1.3B Balance of Payments Compilation (2018 - 2022) - (US$'
Million)
D.2.1.4
Balance of Payments BPM6 Compilation (₦' Million)
D.2.1.5
Balance of Payments BPM6 Compilation (US$' Million)
D.2.2.1A International Investment Position (₦' Million)
D.2.2.1B International Investment Position (US$' Million)
D.2.2.2A International Investment Position BPM6 (₦' Million)
D.2.2.2B International Investment Position BPM6 (US$' Million)
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.4.3A
Average Naira Official Cross Exchange Rates - Selling
D.4.3B
Average (AFEM/DAS) Naira Cross Exchange Rates -
Selling
D.4.4
Average AFEM/DAS Naira Cross Exchange Rates - Selling
D.4.5A
Naira Official Cross Exchange Rates - End-Period
D.4.5B
Monthly Official Exchange Rate - End Period (N/
US$1.00)
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 and I & E Segments of the FOREX Market
D.4.9
Computed Relative Purchasing Power Parity (RPPP)
Exchange Rate with Percentage Overvaluation and
Undervaluation
D.4.10.1 Bilateral Real Exchange Rate (End-Period Exchange Rate)
D.4.10.2 Bilateral Real Exchange Rate (Average Exchange Rate)
D.4.10.3 Nominal Effective Exchange Rate Indices for Nigeria
D.4.10.4 Nominal Effective Exchange Rate Indices for Nigeria
(End-Period Exchange Rate)
D.4.10.5 Nominal Effective Exchange Rate Indices for Nigeria
(Average Exchange Rate)
D.4.10.6 Real Effective Exchange Rate Indices for Nigeria (EndPeriod Exchange Rate)
D.4.10.7 Real Effective Exchange Rate Indices for Nigeria
(Average Exchange Rate)
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
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Menu
Table D.1.1:
Foreign
Trade: Oil
and Non-Oil
(₦' Million)
Year
Imports (cif)
Informal Trade
Oil
Non-Oil

119.8
12719.8

225.5
10545

171.6
8732.1

282.39999999999998 6895.9

51.8
7010.8

913.9
5069.7

3170.1
14691.6

3803.1
17642.599999999999

4671.6000000000004 26188.6

6073.1
39644.800000000003

7772.2
81716

19561.5
123589.7

41136.1
124493.3

42349.599999999999 120439.2

155825.9
599301.80000000005

162178.70000000001 400447.9

166902.5
678814.1

175854.2
661564.5

211661.8
650853.9

220817.69
764204.7

237106.83
1121073.5

361710
1150985.33

398922.31
1681312.96

318114.71999999997 1668930.55

797298.94
2003557.39

710683
2397836.3199999998

768226.84
3143725.79

1315531.5442462701 3922663.6973638199 354985.208543

1068744.92138061
4047714.7845302601 364196.417054

1757140.4001490001 5857515.82522918
549318.345016

3043596.7244204301 7191577.5001939498 760689.401448

3064255.9246165701 6020198.8094059797 682102.001221

2429376.1024227398 6378726.5053527802 631322.099461

2215166.0295944498 7582382.9169361303 741365.562240

1725224.9234312
8588563.7964348197 762279.623829

2384412.4616497601 6446528.2450758098 649426.159117

2615454.3210921101 7464238.3111439003 725153.214307

3686177.9345703898 8884002.4965270702 874932.314017

3534790.2490263898 16152184.2841502
762993.854025

2717010.2702140701 17802181.8804246


Sources:
National
Bureau of
Statistics
and Central
Bank of
Nigeria
Note: Data
include CBN
estimates
for informal
cross border
trade
intoduced
in 2008.
1Revised
2Provisional
Return
to Menu
Table
D.1.2:
Value of
Major
Imports
Groups
by
S.I.T.C.
Sections
(₦'
Million)
Year
Food & Live Animals
Beverages & Tobacco
Crude Materials
Inedible

1819.6
16.5
218.9

1642.3
16.399999999999999 207.2

1761.1
17.8
277.600000000000

1349.7
16.600000000000001 300.100000000000

9.4
350.5

801.9
14.5
193.9

1873.8
30.7
799.6

1891.6
85.7
591.5

2108.9
136.30000000000001 1080.7

3474.5
228.7
1417.2

3045.7
261.10000000000002 1566.4

12840.2
729.6
3939.6

13952.4
498.3
1328.8

13837
488.4
5046.5

88349.9
3020.5
31715.4

75392
2250.5
26443.5

100728.3
5033.8
38084.6

102165.1
3349.7
37683.9

103489.8
4312.1000000000004 38808.6999999999

113630.5
6740.8
44296.6

160209.1
9503.9
62454.33

144297.64000000001 13670.78
75763.3

201648.29577418501 18830.1499035458
105211.557676077

178747.441454877
21846.715458274601 101970.42067152

193259.09
28008.560000000001 165250.519999999

214487.67854585699 31085.1989261624
183402.652711178

269924.53685898002 39119.533486487599 230805.221201501

311388.155696059
51898.028870813898 285439.141260651

446895.65005097497 28880.7415247348
77181.1106754024

693255.37031537702 38185.259143925301 104313.912866005

2885437.1485547698 51183.298903855401 582799.714268184

1294035.1823460299 132355.93698107501 103419.116283657
Sources:
National
Bureau
of
Statistics
and
Central
Bank of
Nigeria
Return to Menu
Table D.1.2.1 Imports
by H.S. Section (₦'
Million)
Section

01 - Live animals;
animal products
350237.32949291699 483516.689189456

02 - Vegetable products 414900.44422846701 650500.88533546904 691
03 - Animal or
vegetable fats and oils
and their cleavage
products; prepared
edible
55974.969803405897 129041.510453788

04 - Prepared
foodstuffs; beverages,
spirits and vinegar;
tobacco and
manufactured
890935.89730832295 578648.44919055898 573
05 - Mineral products
1949912.16354943
1777231.0757935101 210
06 - Products of the
chemical or allied
675427.732167835
833945.83883089002 957
07 - Plastics and
articles thereof; rubber
and articles thereof
849165.988518856
635723.16737560497 626
08 - Raws hides and
skins, leather, furskins
and articles thereof;
saddlery and
13317.8779968575
8213.8089300959691 124
09 - Wood and articles
of wood; wood
charcoal; cork and
articles of cork;
30555.345105055199 21354.242714058601 262
10 - Pulp of wood or of
other fibrous cellulosic
material; waste and
scrap of paper or
176758.67732066501 231331.67926828601 250
11 - Textiles and
textiles articles
129612.111328919
151642.98480914999 152
12 - Footwear,
headgear, umbrellas,
sun umbrellas, walking
sticks, seat sticks,
whips
35521.142308691502 37212.565877789799 510
13 - Articles of stone,
plaster,cement,asbestos,
mica or similar
materials; ceramic
142743.34736619901 160101.80358779899 162
14 - Natural or cultured
pearls, precious or
semi-precious stones,
precious metals,
1650.6383312732701 1380.9393125256499 147
15 - Base metals and
articles of base metal
746301.19242962904 968276.72368421801 949
16 - Machinery and
mechanical appliances;
electrical equipment;
parts thereof; sound
1788490.0051251
2441627.29649011

17 - Vehicles, aircraft,
vessels and associated
transport equipment
1030031.41372586
1252653.4957040399 100
18 - Optical,
photographic,
cinematographic,
measuring, checking,
precision, medical
80082.509038555203 98312.536722567005 149
19 - Arms and
ammunition; parts and
accessories thereof
236.85178606927099 82.897834284748697 129
20 - Miscellaneous
manufactured articles
76884.506947798698 78018.668197631807 828
21 - Works of art,
collectors pieces and
antiques
684.56335711377596 97.249469660711299 159
22 - Special items not
classified according to
kind
9439424.7072370294 10538914.5087715

Source: National
Bureau of Statistics
Notes: 1Revised
2Provisional
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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
103.589458811227
104.65492992931701 113.6653
Mar
101.615302092818
163.684134828689
86.40696
Apr
102.813738262198
165.61460183013699 87.43238
May
98.544657943170193 200.276981082242
121.5631
Jun
98.923509435872603 201.046938935063
122.0305
Jul
82.913157603670896 119.13985781881399 97.18022
Aug
102.55440972408999 159.82015855203201 95.16469
Sep
99.802541500478597 160.764100708851
84.86550
Oct
65.754509097011805 200.887319969233
111.4593
Nov
95.914813190527596 194.93222289070201 111.8604
Dec
110.330269907934
142.71100329622601 144.7072

Jan
100.139647016881
112.263023333625
122.8880
Feb
76.672313356028397 114.954135986468
136.4690
Mar
103.1223720731
104.183038962702
113.1528
Apr
100.05431380496999 161.16966100327301 85.07959
May
91.841857540623295 147.74809665916399 80.54389
Jun
65.293536073797995 403.14081119576502 112.0100
Jul
109.67935490247601 131.59771956747201 112.8099
Aug
96.059045992317905 195.225354052944
118.4969
Sep
102.119937973376
103.170294310213
112.0528
Oct
110.452059468294
142.86853676699999 144.8670
Nov
83.497441436243506 119.978518249635
97.86487
Dec
100.371009335453
112.52239546187
123.1719

Jan
103.040302592743
160.57737099678499 95.61557
Feb
100.265802540743
161.51033165058701 85.25943
Mar
77.019246900625802 115.47429044794499 137.0865
Apr
100.50750395305499 161.89966953323199 85.46496
May
100.406795031258
161.73744541546401 85.37932
Jun
92.165733108776607 148.26912269272199 80.82792
Jul
65.747923768108805 200.945969832994
112.7895
Aug
110.543059060213
132.63402669783699 113.6983
Sep
95.982121831363102 195.069017433082
118.4020
Oct
102.08925904148001 103.139299829647
112.0192
Nov
100.441423954149
112.601334805248
123.2583
Dec
83.347345337345701 119.763752341128
97.68912

Jan
110.50741835936699 142.94014289007899 144.9396
Feb
103.22638922329099 160.86736725222201 95.78825
Mar
66.345542366061096 409.63619642909998 113.8147
Apr
103.51680087418499 104.58152466784399 113.5856
May
105.29091700775599 164.08471459726599 97.70401
Jun
103.071804874302
166.03030113192
87.64547
Jul
98.881393457749894 200.96134463568899 121.9785
Aug
97.149951002712399 98.149188424210706 106.5994
Sep
108.28199093968099 140.06157676662099 142.0207
Oct
96.144759121964398 149.831398635906
89.21689
Nov
92.652208053544896 149.24618831687101 78.78533
Dec
97.366175726907898 202.68449667462301 121.0705

Jan
35.243735586151203 133.23046096988
90.15962
Feb
110.716184906381
143.20266554274599 145.2122
Mar
110.955770986224
144.63976152656801 145.6979
Apr
66.302855190680503 99.407297055821502 118.0124
May
102.08925904148001 103.139299829647
112.0192
Jun
59.926493012472399 183.082084311763
101.5803
Jul
78.487782628944203 112.780932873393
91.99336
Aug
64.6679298222505
399.27814080533
110.9368
Sep
106.556277630512
129.07041146314
109.8516
Oct
96.154934989923007 195.41917808974699 118.6150
Nov
101.13821214914
102.178470896362
110.9756
Dec
106.302050179123
127.54549294697399 109.3362

Jan
98.413951506837194 100.48298254094099 98.83918
Feb
79.166609855166499 116.85270482755401 93.36952
Mar
88.061035652646396 101.383712069941
108.5021
Apr
96.850207023724806 154.06284792160301 90.64702
May
95.193649184711603 193.466567114431
111.0194
Jun
98.779893283877399 100.179547149957
99.06607
Jul
97.233072349217295 201.886110016944
120.8006
Aug
97.099968971526593 201.087723359265
120.5308
Sep
91.867233187715897 151.35290633690701 81.50008
Oct
91.055302583802899 146.48274772506699 79.85409
Nov
100.406795031258
161.73744541546401 85.37932
Dec
90.053958775965398 146.163078104237
79.31429

Jan
92.568281580541907 161.24460206778801 84.41146
Feb
66.981682416902899 103.47906900998299 119.3886
Mar
96.671096677077799 202.32865901466499 114.0145
Apr
108.627407526791
130.33555060518901 111.7280
May
99.477447494585505 106.862091935794
100.9951
Jun
109.45397950224999 135.29353174937401 113.4036
Jul
87.602827115918799 98.208437100231507 107.5032
Aug
102.122490493488
106.568993579075
112.6888
Sep
90.208599312825399 145.120636808721
79.11155
Oct
98.585916866957007 102.88582104872
108.7877
Nov
97.927150610734103 98.934381931604406 107.4522
Dec
109.364810849078
141.462192534287
143.4409

Jan

Feb
92.535876615237598 148.864581016789
81.15253
Mar
110.731302274079
132.859888508301
113.8919
Apr
102.263106322227
103.31493521952
112.2099
May
83.497641091310001 119.979715829621
97.86528
Jun
103.38146141541399 161.10903079841901 95.93214
Jul
100.708921796648
162.22411776876999 85.63623
Aug
65.853289030557704 201.18910362467
111.6267
Sep
96.155201193511402 195.42077482777199 112.1408
Oct
110.717782145443
143.212246157778
145.2155
Nov
100.592312422783
112.77049054106
123.4435
Dec
77.096343243869697 115.589880328273
137.2237

Jan
103.797052917061
104.86465924781299 113.8931
Feb
100.708921796648
162.22411776876999 85.63623
Mar
92.535876615237598 148.864581016789
81.15253
Apr
65.853289030557704 406.596884715849
112.9702
May
110.731302274079
132.859888508301
113.8919
Jun
96.155201193511402 195.42077482777199 118.6155
Jul
102.263106322227
103.31493521952
112.2099
Aug
110.717782145443
143.212246157778
145.2155
Sep
83.497641091310001 119.979715829621
97.86528
Oct
100.592312422783
112.77049054106
123.4435
Nov
103.38146141541399 161.10903079841901 95.93214
Dec
100.708921796648
162.22411776876999 85.63623

Jan
77.096343243869697 115.589880328273
137.2237
Feb
100.708921796648
162.22411776876999 85.63623
Mar
100.708921796648
162.22411776876999 85.63623
Apr
92.535876615237598 148.864581016789
81.15253
May
65.853289030557704 201.26799863080299 112.9702
Jun
110.731302274079
132.859888508301
113.8919
Jul
96.155201193511402 195.42077482777199 118.6155
Aug
102.263106322227
103.31493521952
112.2099
Sep
100.592312422783
112.77049054106
123.4435
Oct
83.497641091310001 119.979715829621
97.86528
Nov
110.717782145443
143.212246157778
145.2155
Dec
103.38146141541399 161.10903079841901 95.93214

Jan
66.511821920863298 410.66285356300801 114.0999
Feb
103.797052917061
104.86465924781299 113.8931
Mar
105.449090643722
164.33121141438801 97.85079
Apr
103.226644841565
166.27972071298899 87.77714
May
99.039857229316794 201.283398072605
122.1740
Jun
105.459635552786
164.34764453552901 97.86057
Jul
113.53105575378601 299.792004368238
180.7226
Aug
106.556160143261
267.467938309229
167.6380
Sep
109.344139623115
382.20476922441702 167.7461
Oct
121.45049149136
377.21940235895198 168.3092
Nov
141.55905107769101 345.99248729015301 182.2331
Dec
134.74383138058701 381.935433853213
176.8319

Jan
177.57038634153099 174.63799602696699 132.3011
Feb
176.271565551127
192.830635501567
150.5355
Mar
209.32145249615999 193.378140279425
189.4028
Apr
74.5849206948415
150.33192854523301 113.9568
May
216.416845745042
188.08693907239299 135.8324
Jun
450.10355836805297 250.64816570592799 547.3563
Jul
120.531582567201
228.70138800835699 125.1459
Aug
131.52737351281101 197.82743430111401 146.4193
Sep
110.486194529185
105.741067300254
183.1979
Oct
116.924367835943
151.67297796972699 105.3654
Nov
132.06936975867899 112.833146123603
127.5614
Dec
107.51475169747
261.88184665928799 173.3675

Jan
126.352315738858
117.331976872525
105.2282
Feb
108.102348498498
127.657717975776
122.6699
Mar
93.768309370385495 117.21700426510201 95.51438
Apr
108.103401941009
130.28210535710301 134.6866
May
110.327193219717
115.314748395943
128.6938
Jun
106.38168785812999 124.41910913212401 133.5029
Jul
94.779154315137703 153.987754741587
129.7864
Aug
75.166012089120798 116.225253105416
124.1675
Sep
96.887055840494696 222.78730770794999 109.3838
Oct
106.535915962507
135.05656457237799 140.4233
Nov
94.534811067340002 127.580335296561
137.6309
Dec
80.2007523978303
114.339928865144
135.3586

Jan
120.682179611233
241.51559889467401 101.0528
Feb
118.278695900606
179.871126436932
101.2884
Mar
113.649953518359
212.89940197098699 109.1639
Apr
116.32280610618
225.74644333688701 131.3547
May
125.857712057334
219.70059178103199 145.7263
Jun
107.635433594011
174.94915252581899 114.5675
Jul
107.16244628026
220.97905237614299 120.8353
Aug
96.847646084375995 254.47923293843601 129.0126
Sep
131.013655745519
292.656843387653
183.2903
Oct
94.534811067340002 127.580335296561
137.6309
Nov
118.278695900606
179.871126436932
101.2884
Dec
93.768309370385495 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
155.72798031320801 120.079065560952
202.1778
May
93.178075656154704 99.815472730768903 123.3001
Jun
179.63252030043799 212.30388823630801 151.1376
Jul
109.300546644229
210.05938471921999 123.8120
Aug
159.51918177455099 199.70583066140401 147.7050
Sep
167.19335743687199 189.12647551907099 143.0592
Oct
204.66664332134999 310.50572745638402 171.8959
Nov
196.103650928695
308.776381473855
159.3760
Dec
162.60421951462899 306.45482060202499 163.3853

Jan
404.56334418537398 391.634112609363
168.2347
Feb
362.57400524658198 395.33015813199302 181.2923
Mar
350.19107940779497 346.96929948665598 193.3351
Apr
485.2115314591
506.27964322324999 186.1218
May
355.72296628641402 574.89944575745596 185.9336
Jun
432.448750955138
574.76682406423004 187.4659
Jul
514.77412515292997 573.83621131680604 180.9234
Aug
536.86614387916995 605.148301175862
191.8044
Sep
577.92526269144196 656.26157342053
196.6126
Oct
647.29863559322303 807.93527793322403 192.8210
Nov
662.77984706501002 849.90268922621703 194.0083
Dec
577.95813886433098 812.141903275765
194.0083

Jan
647.29894729027603 1470.09915867115
194.0083
Feb
662.77984706501002 1426.5659051483301 194.0083
Mar
577.95813886433098 1324.97814455705
194.0083
Apr
704.40293768224603 1560.3577025552199 213.5807
May
852.64742606406105 1790.7132544681999 268.7747
Jun
1031.3038916784301 2548.1489191340002 311.4679
Jul
683.11767141790301 1154.27653860236
375.4259
Aug
1190.2957150152499 1715.2040620494399 376.2421
Sep
1186.31492262908
1712.6025604353299 401.1267
Oct
954.21840379704201 1047.9982888633399 355.7664
Nov
1035.98689026391
1043.2364514682199 323.2363
Dec
965.02190663845204 1035.07037903949
354.2688

Jan
735.30400956502694 1083.55223121787
403.0416
Feb
500.36130239278799 1003.36794485502
400.1276
Mar
595.434274721679
993.193330910182
396.8117
Apr
513.61173983942194 992.23228966786803 391.1252
May
529.867071794033
1017.44025060747
401.7077
Jun
528.59398487670398 1008.6829077096201 388.8643
Jul
510.73493355411199 1006.33410955276
372.2343
Aug
470.22896243184903 977.58234552998795 406.4518
Sep
551.29047400752597 970.62188480383395 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
Animal a
fats and o
other cle

Jan
156.14124312283599 127.38626030735
121.6804
Feb
106.251339241829
117.959509957073
120.8006
Mar
126.440012081513
116.763346096058
119.7995
Apr
109.06505948260801 116.650362664035
118.0827
May
112.516866770139
119.613900351978
121.2777
Jun
112.246527738542
118.584355924081
117.4002
Jul
108.45417187181199 118.308222845491
112.3795
Aug
99.852759935177602 114.92806304278
122.7099
Sep
117.06610981794201 114.109766484132
118.9801
Oct
97.602535570188905 114.545548951236
108.6777
Nov
98.992823352352104 114.080847639517
102.3955
Dec
96.448328257256094 97.9288436521108
97.65845

Jan

Feb
110.774445327317
107.035855470662
105.8249
Mar
107.119952903517
103.966137374205
112.5402
Apr
109.469914329961
120.657718978668
100.5881
May
111.049547539754
115.266702155536
97.06139
Jun
111.27554432674
111.144053109843
105.4609
Jul
103.951632083002
117.338667028373
104.7447
Aug
102.99475249369
117.314787995678
97.70692
Sep
105.508425279726
111.83145679849299 104.8330
Oct
106.5
109.38
102.43
Nov
105.60599999999999 105.78
102.32
Dec

106.23
102.85

Jan
110.7
108.17
104.1565
Feb
102.81
107.97
109.1280
Mar
106.64
109.08
115.1804
Apr
106.64
100.3
115.1804
May
99.39
102.3
109.1280
Jun
100.16
102.59
109.1280
Jul
105.4
126.33
109.1280
Aug
106.64
109.06
115.1804
Sep
99.24
102.71
109.1280
Oct

105.19
108.1583
Nov
107.71
105.4
110.0726
Dec
104.24
106.49
108.0098

Jan
102.39574890516499 104.66794092266601 108.7469
Feb
101.84090980096499 106.22739866614999 108.9431
Mar
105.500858831668
108.999278732292
108.5666
Apr
102.11832935306499 105.447669794408
108.8450
May
101.979619577015
105.837534230279
108.8940
Jun
103.740239204342
107.418406481285
108.7303
Jul
102.10212343176499 105.533724144088
108.8155
Aug
103.80959409236701 107.22347426335
108.7058
Sep
102.859929390678
106.627970355782
108.8122
Oct
103.6842333495
107.24820979288801 109.5814
Nov
103.272081370089
106.93809007433499 109.1968
Dec
103.478157359794
107.093149933611
109.3891

Jan
104.73514857335201 108.408515808887
110.7240
Feb
105.686131235289
109.385562995822
111.7263
Mar
107.11444999672
110.687577580091
112.3626
Apr
102.51930254605
109.06331871251599 108.6256
May
101.842686076009
109.109775362786
110.1315
Jun
99.853432325765198 109.305986014523
108.7618
Jul
101.68949794268499 109.21445381775401 110.3730
Aug
100.391985443999
109.247185354347
109.2321
Sep
101.405140315941
109.159693363275
109.1730
Oct
101.128538781486
109.210071731688
109.7554
Nov
100.64497190415
109.25587506220801 109.4557
Dec
101.476229722627
109.173383476895
109.4730

Jan
101.950259428503
108.71482421733
109.8880
Feb
102.68909197368301 108.68068455862699 109.5784
Mar
101.30185587028301 108.76310992425699 108.8653
Apr
102.03852704160499 108.86103358996399 109.6465
May
101.99547392198301 108.72189724144199 109.2219
Jun
101.67019145594401 108.812071757111
109.2559
Jul
102.017000481794
108.791465415703
109.4028
Aug
101.901397473177
108.79833419617199 109.4203
Sep
101.75151207245401 108.78952812819399 109.4295
Oct
101.651588471972
108.783657416208
109.2383
Nov
101.99547392198301 108.72189724144199 109.2219
Dec
101.76426790475
108.735634802381
109.1030

Jan
101.835025370842
108.797849874295
109.3771
Feb
101.879870913367
108.728766021911
109.1624
Mar
101.857448142105
108.76330794810301 109.2698
Apr
101.838930519371
108.999029983017
109.2401
May
101.885154153469
109.049667411152
109.2698
Jun
101.902637653752
109.06806198526399 109.2638
Jul
102.017000481794
108.651465415703
109.4028
Aug
102.071512072454
108.78952812819399 109.4295
Sep
102.13547392198301 108.821897241442
109.5276
Oct
102.706019154594
108.808961264405
109.7972
Nov
103.498011170697
109.01396936854
110.1858
Dec
103.85615507045701 109.541800207601
110.3742

Jan
103.985916303465
109.81857691229899 110.5509
Feb
104.040176729512
110.068469666864
110.7148
Mar
104.064433076413
110.21725706939
110.7883
Apr
103.99
110.84
114.71
May
104.08
111.17
114.96
Jun
104.48
111.34
115.22
Jul
104.22
116.42
114.9
Aug
104.43
116.74
115.32
Sep
104.5
116.89
115.44
Oct
104.04588614458299 116.633276391195
115.5550
Nov
104.41238563189199 117.038261494681
115.7376
Dec
104.560032088203
116.947347231477
115.9849
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
111.92351552708701 85.783985756326302 89.67554
Feb
157.45066956867601 96.546369741301504 134.5314
Mar
98.696510527706394 97.879688077962399 135.7002
Apr
57.705198220734601 99.576695296431396 137.3950
May
100.80605802009001 99.971154702434006 137.7456
Jun
76.842341190168298 97.990573967743799 135.8756
Jul
94.737399215041094 92.791499190027594 142.1462
Aug
75.845783725796394 89.302930000866397 138.6398
Sep
76.2575791580079
91.376742325245104 140.8021
Oct
80.194342218704705 92.914330989182901 142.1267
Nov
187.81671861400099 90.605825703952604 139.9644
Dec
138.128640919725
93.710546391568101 142.9254

Jan
132.53537515797299 88.726169220916006 138.2502
Feb
105.17052810091501 105.17052810091501 138.7119
Mar
137.03866527019099 137.03866527019099 137.7379
Apr
123.56964484228401 105.504067439729
139.2963
May
126.022938528796
103.110692364236
137.1535
Jun
77.254890668213605 100.815988363727
134.8159
Jul
145.80597832576299 103.766457187752
138.2325
Aug
149.540089743256
103.25713271489001 137.6481
Sep
152.605533531373
99.895421815224793 134.5313
Oct
148.30334814630299 99.309622733376898 134.1417
Nov
142.146434715125
98.986621164629
133.5573
Dec
171.53057051483299 91.512895795846205 137.9702

Jan
130.52767774429
92.521736644867403 139.1390
Feb
127.326670536463
88.401921490894097 135.2430
Mar
111.717863676229
86.996621257692198 134.0742
Apr
133.99316621706001 90.071217783125405 136.8014
May
124.20762178479499 96.754082054024494 140.6454
Jun
142.032840064873
98.308841812163806 142.3986
Jul
77.900817952470504 92.827493597765695 137.1390
Aug
141.17858589980099 95.949551574938198 140.0610
Sep
138.517159752298
94.549741053743304 138.8922
Oct
116.566997700935
86.6372229410931
131.4897
Nov
124.733631680416
88.700935554061999 133.4377
Dec
118.953743194513
97.557114359993193 142.5924

Jan
178.91604035100201 102.841307164982
190.7396
Feb
174.27544919369001 81.823656359076793 201.9011
Mar
167.497781124656
624.58716757989305 209.0418
Apr
180.730559668235
78.346794441383494 211.3756
May
178.59607239826599 149.84911060294701 120.8214
Jun
150.01831603433899 82.588451715561504 127.2951
Jul
159.19963894270899 76.726031910808899 115.3721
Aug
179.867679449809
62.240674221261102 133.7455
Sep
161.24669191415799 126.630295384166
133.2812
Oct
179.40337552053501 129.41432782862401 150.2498
Nov
193.92249592330199 82.126125673564502 148.4295
Dec
178.729509251736
127.433998812217
149.8744

Jan
216.59303980216501 218.81775211134101 291.5774
Feb
161.39898466283199 124.99218571545499 348.6106
Mar
160.93454437750199 201.652728129933
194.7293
Apr
137.03881857872199 193.79349081272099 58.07029
May
132.42375784618901 298.44067297669602 108.6746
Jun
119.693456861122
220.448578587692
118.8563
Jul
127.72240612805901 221.493310761169
160.7284
Aug
136.48475163563401 124.026297180572
169.8608
Sep
127.095285978707
266.51266663786998 210.6464
Oct
212.153211694704
141.09302345431001 221.8913
Nov
249.61003838145501 149.69875187372
179.0325
Dec
272.18117863076498 249.89952611010699 939.8954

Jan
292.90507670265998 172.867429257
123.4450
Feb
186.00614148679799 103.2074419355
68.88808
Mar
104.753622627713
248.370898175017
1479.225
Apr
118.540135325603
138.794912326591
616.3037
May
150.176508567507
228.04120835245899 203.2184
Jun
95.622082324972695 143.02297968395499 254.9915
Jul
105.41290774149
114.754343629299
145.7603
Aug
107.43719688515
125.68269923160101 778.3004
Sep
109.392309050942
91.764802756857094 869.8902
Oct
107.328021288079
206.80116103294699 148.3297
Nov
100.206431009664
125.007015799351
651.4517
Dec
91.593666702838902 154.657477484195
196.3613

Jan
96.648876613406998 141.86117946483699 145.4000
Feb
115.869344974388
89.565633307456295 158.5240
Mar
97.665210944852305 248.595172903991
152.6717
Apr
96.368832119497398 73.9760942172082
147.0659
May
88.9441055464724
120.165788214317
138.3372
Jun
73.334494738842807 65.555228423261099 137.8813
Jul
72.419708912532499 74.791204805892704 230.4286
Aug
76.087400054328299 71.615463123019097 422.7299
Sep
80.698873126021994 47.465186311132499 379.6569
Oct
72.074069158030397 67.543090746597798 191.1546
Nov
69.926417422495604 61.513681235724
177.7892
Dec
78.710330139569393 97.483964828750004 133.5485

Jan

Feb
102.8293629452
104.99584889350101 139.9859
Mar
111.666463655079
98.207295057710397 144.2890
Apr
113.221653421594
110.363175842554
141.2443
May
104.270596789012
110.367805808046
141.7389
Jun
107.54523054347
97.502322694400306 141.0870
Jul
131.55268558707201 102.395515566293
143.7622
Aug
114.22808538661801 102.14046397169
144.7352
Sep
122.85533268861499 100.867353492633
144.2024
Oct
112.447332416012
103.34453871295401 144.2272
Nov
131.975375222248
109.396268105334
144.0034
Dec
140.90762402383999 110.08134344485001 177.2062

Jan
120.096025969686
97.511748818864405 141.0870
Feb
135.81941414962401 102.363713876823
143.7622
Mar
115.89260857157601 102.10917453018899 144.7352
Apr
121.03508218186499 100.82647373958601 144.2024
May
115.589785011947
103.603544679723
144.2272
Jun
133.013402009213
107.29677002306801 144.0034
Jul
141.83848264833
110.175430962951
177.2062
Aug
114.81297105580001 105.05412741373
137.4415
Sep
114.19820548441101 98.201309196212804 144.2890
Oct
115.747331778356
110.266851307625
141.2443
Nov
115.728198951119
110.252666793858
141.2443
Dec
104.270596789012
110.367805808046
141.7389

Jan
126.11273269732
100.778538339634
144.2024
Feb
116.522829987149
103.318215549344
144.2272
Mar
132.754930351252
109.535212182251
144.0034
Apr
144.34405938416501 110.180291856867
177.2062
May
119.633014167467
97.477778070839605 141.0870
Jun
139.00388601177701 102.337016895546
143.7622
Jul
113.758462375875
102.067762210319
144.7352
Aug
115.48770928908201 100.72764016203099 144.2024
Sep
107.847325375742
103.371423190914
144.2272
Oct
123.472447828979
107.36103079896699 144.0034
Nov
129.07843163753199 107.416670134809
177.2062
Dec
124.899200227075
107.416670134809
144.0034

Jan
112.447332416012
107.416670134809
144.2272
Feb
107.54523054347
103.34453871295401 141.0870
Mar
140.90762402383999 110.08134344485001 177.2062
Apr
147.42639922633799 121.040824191159
173.0429
May
172.917422611977
139.48580102998801 187.2044
Jun
176.557825776248
141.072653552627
201.6157
Jul
100.60688699859
122.092961961233
130.8587
Aug
108.809498058705
94.513589771857298 150.8518
Sep
124.03103230738699 147.54898640853401 182.9338
Oct
119.59618726353899 183.44759679652901 153.8449
Nov
133.672906647914
142.27924941557899 228.4614
Dec
124.031021761909
210.06578275641701 184.7886

Jan
188.75010575538801 326.48783278383502 174.6571
Feb
179.74977007380301 221.25201720043199 179.9984
Mar
224.23525648952401 195.68745324879899 190.1138
Apr
278.47990991913503 202.544973500064
214.2387
May
236.57473029764299 244.58407443099301 181.0099
Jun
209.74919051107801 210.33466110032401 194.3656
Jul
214.11411165124301 281.10945230574401 273.2656
Aug
271.88743566779101 256.84990780755498 391.3952
Sep
243.59051156199499 245.14053939489301 354.6555
Oct
293.64527214534797 311.10540547339099 363.7511
Nov
248.09717131625601 280.80761628970902 337.3176
Dec
223.60203916948001 302.844240579553
257.2119

Jan
201.185072890784
118.383135497729
222.5562
Feb
249.669427070637
215.02956100309299 182.5619
Mar
225.76692393954201 199.30239300326099 199.3992
Apr
238.59757468916899 163.925900360333
174.0507
May
202.85980659815399 319.79477755238503 151.5081
Jun
219.41532732018899 233.12352636858199 155.9579
Jul
198.73318574840201 197.80687741864301 158.8339
Aug
215.74567694449701 179.656314499578
177.2683
Sep
210.047933092672
275.82230903518899 150.8072
Oct
169.899559097647
242.54785265096501 156.4636
Nov
199.32176746320999 232.25416943220901 168.1905
Dec
163.651547776597
213.48027938365399 187.4031

Jan
120.579421682412
164.540211619649
170.4023
Feb
149.23449288545601 144.375768041848
178.6701
Mar
135.94076410928301 152.623122334204
198.8420
Apr
136.11030292734199 95.844934165825805 197.0832
May
155.303428243724
150.45592523886501 172.5387
Jun
137.985345479194
154.65890742106899 140.5690
Jul
144.17539764512
157.44641918436301 157.4056
Aug
155.40855492336499 216.58600297571101 145.9021
Sep
136.28743075442
182.32941921963999 134.5233
Oct
199.32176746320999 232.25416943220901 168.1905
Nov
149.23449288545601 144.375768041848
178.6701
Dec
225.76692393954201 199.30239300326099 199.3992

Jan
169.9
242.55
156.46
Feb
163.65
213.48
187.4
Mar
215.75
179.66
177.27
Apr
126.506088049086
166.94422161318201 139.5970
May
118.98434380574299 201.256013863248
146.3430
Jun
137.451939602599
269.91550760475201 154.9468
Jul
126.171981358222
151.64674530067501 150.3440
Aug
128.76418065809
183.078275090125
150.5079
Sep
133.76728729339001 221.196346752702
150.3978
Oct
155.87652636030401 193.751548070105
148.6670
Nov
152.776445664405
203.16350871668399 182.5070
Dec
191.06148615978
245.27409473361399 198.0952

Jan
300.62860874391998 285.21430862148799 109.5454
Feb
301.93182480574501 256.95942203412699 113.8903
Mar
251.65244783187501 211.86831527320399 119.1565
Apr
222.610756186858
261.662838739439
123.6513
May
279.94275593333901 272.33001645751898 118.8359
Jun
250.74216228345401 267.66840427699299 122.1726
Jul
225.05072080576599 256.004287524218
155.3444
Aug
244.72713949795801 238.97595727581501 164.4746
Sep
243.02545029803099 255.228377269135
171.5648
Oct
195.77866209425801 254.980179064553
157.4320
Nov
229.304174115541
247.233379014766
165.1099
Dec
254.13950808119
274.55857132947199 172.0465

Jan
196.42674270876401 315.06613600750802 150.7657
Feb
231.88548546627101 308.91170652504002 158.7548
Mar
255.60984744486001 327.000061586946
168.7050
Apr
455.44492233286002 408.42361485487203 169.2852
May
463.19709436068803 429.29058393814802 166.4631
Jun
519.48094924780503 545.51580755780299 168.8632
Jul
432.636940865501
335.10573386891701 174.9043
Aug
525.68358901575698 376.67289702195899 181.9690
Sep
529.64633875148297 407.23261277669297 176.8002
Oct
373.060632960882
364.02891406132198 176.4149
Nov
422.932205378986
307.92025832209299 181.3106
Dec
465.11352295578098 515.14993047021301 176.3103

Jan
509.83698381906601 530.99511715414803 350.0467
Feb
481.57043757849499 544.02248051175604 268.8047
Mar
520.05267806348695 560.22284138492
395.2358
Apr
415.07636343282599 531.05768842063696 341.9450
May
419.686548536727
422.33826931670598 328.0523
Jun
425.36799504351001 518.99120654109197 347.6092
Jul
408.31593284124199 531.18512274606701 456.8786
Aug
408.12903204050502 437.30910113903701 580.9801
Sep
402.87209265950997 478.62693563216402 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
123.921636248282
105.90290748838299 -
Feb
116.776265809401
108.501115290881
-
Mar
125.18920947765599 111.73215313549299 -
Apr
102.416120360227
105.915386848046
-
May
103.553639414743
84.232131745321695 -
Jun
104.955481968355
103.508819493814
-
Jul
100.748048809661
105.94080264781699 -
Aug
100.70193282573599 87.217949441728607 -
Sep
99.4048333428414
95.458474942974703 -
Oct
100.50434531974101 96.367049571676205 -
Nov
98.394168727318899 97.989147896112101 -
Dec
99.163244026541605 95.904530032449699 -

Jan

Feb
104.832745608538
105.083340590783
105.6546
Mar
101.854846002557
109.96689635604601 104.0983
Apr
100.24444109443
114.056677429503
98.25886
May
107.52377467817099 113.507204444092
100.5870
Jun
103.980223152178
101.215464731209
101.0427
Jul
101.22328547373699 105.661632645403
101.5460
Aug
101.69143281315201 103.449686857925
101.6688
Sep
103.868781584301
101.75754978600099 105.3057
Oct
101.95
104.72
102.39
Nov

103.35
103.72
Dec

102.45
101.33

Jan
102.050701556063
104.114867316063
101.2516
Feb
102.192564322119
104.143323682507
101.5737
Mar
100.08701849784001 104.319815983447
100.9295
Apr
104.26694252794501 104.43769118338901 100.8847
May
104.723058540998
105.626862798866
101.8219
Jun
104.857787714783
105.886561566355
101.8595
Jul
102.039610228878
105.33834153581201 102.4242
Aug
100.739062605418
100.02958187802
105.6910
Sep
105.25885580967299 107.973396013163
103.2437
Oct
106.449967687365
108.79055848878799 105.7739
Nov
103.538979942437
109.814312621544
103.9485
Dec
99.557652838365499 103.37522019259499 103.0515

Jan
100.960046065515
103.07357472208299 100.1635
Feb
102.212455978611
100.187383390656
101.4096
Mar
105.789333885358
100.34818758742701 101.7814
Apr
107.316527447878
102.332236103146
100.7865
May
106.775278951667
102.126177038078
101.4216
Jun
105.237139127266
101.744678711316
102.0567
Jul
101.26027375817699 101.40257106065
100.7539
Aug
106.07538738039599 107.555865475638
106.8451
Sep
105.336285455831
104.869054613472
101.2633
Oct
108.235317503529
105.665821935946
103.9488
Nov
108.269092608725
105.26743827470899 102.7059
Dec
108.252205056127
105.46663010532799 102.8427

Jan
107.43038378237399 105.902855407152
102.1408
Feb
108.905638889464
106.103249602945
103.9511
Mar
108.91413363423101 106.003052505048
103.3947
Apr
110.00998612307799 107.124395004037
104.7201
May
109.81836863911801 107.589520409691
104.4752
Jun
111.02442159706899 108.441371421075
105.6542
Jul
109.881659468355
107.35695770686399 104.5976
Aug
109.833689537057
107.473239058278
104.5364
Sep
110.412632709921
107.957305239676
105.0953
Oct
109.247277173521
107.460100458287
104.5417
Nov
109.64616961092401 107.798424890774
104.7431
Dec
109.657715880737
107.953210032047
104.8618

Jan
109.118607346315
107.92629403199101 104.6939
Feb
109.626122070682
107.573054464569
105.1206
Mar
110.303751296069
108.08727811557701 105.0510
Apr
109.372364708498
107.939461414126
113.1836
May
109.838058002284
108.429995374027
112.9616
Jun
109.76741269175
108.316548305965
112.6223
Jul
109.76741269175
107.86659799809
110.8629
Aug
109.682826904355
107.862208870712
111.4126
Sep
109.802734414772
108.191346661498
112.4215
Oct
109.65927846751001 108.228668364706
112.9225
Nov
109.91799696405801 107.938694994793
113.4704
Dec
110.070904649176
108.258636744802
114.2726

Jan
109.79333661544599 108.119570006999
112.9381
Feb
109.88272669358101 108.14200003476699 113.5552
Mar
109.915655986068
108.173402262189
113.5886
Apr
110.05661749288601 108.191183027354
113.5719
May
110.161103217857
108.23708515246599 113.6384
Jun
110.205615610441
108.345413148508
113.6903
Jul
110.051637166204
108.291249150487
113.6644
Aug
110.131106405141
108.318331149497
113.6773
Sep
110.24398987186299 108.327358482501
113.7155
Oct
110.477816666172
110.814960201605
114.5557
Nov
111.141971252601
111.259384546435
114.7324
Dec
111.421034219289
111.792122930557
115.2620

Jan
112.27307116608
110.079707611703
115.3183
Feb
112.55138533755
110.41782944520401 115.6551
Mar
112.77095794451201 110.52526407041201 115.8764
Apr
112.43
110.92
111.9
May
112.77
110.95
112.3
Jun
112.81
111.2
112.62
Jul
112.51
110.97
117.47
Aug
112.85
111.04
117.71
Sep
112.95
111.23
118.15
Oct
112.40062609216299 111.32660026584399 117.7258
Nov
112.417643448942
111.778226859448
117.8148
Dec
112.61518091661701 111.65991900661901 118.3246
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
59.455850290656002 478.95674392756803 124.0152
Feb
65.791691515191403 108.398617379134
121.0109
Mar
102.95734018305799 167.22993099274299 91.39854
Apr
178.170669943658
166.31863644110399 88.44076
May
97.756682364794898 200.33476824227
110.0122
Jun
128.73567866842899 205.16967172908201 123.7151
Jul
87.518929473110404 128.39522893668101 96.27186
Aug
135.21438461873299 114.83879613255201 100.8168
Sep
130.875570143244
175.93546959315901 92.46353
Oct
81.993950293509698 216.20703483579999 110.5321
Nov
51.0683041948202
215.14314490949801 115.1440
Dec
79.875013012003805 152.28915932248501 158.6782

Jan
75.556919726164793 126.527522059592
128.2594
Feb
72.902850960735194 109.302613633512
129.3804
Mar
75.250566597229906 76.024557563583201 109.3495
Apr
80.969977645135302 152.761561629217
80.20671
May
72.877095719869601 143.29076187098701 79.37448
Jun
84.5170260536824
399.87785443446
112.6362
Jul
75.2228105883474
126.821058686973
93.19544
Aug
64.236316934970702 189.06718491980001 115.1894
Sep
66.917585234471204 103.27830088254299 110.2570
Oct
74.477117913300503 143.86172541463401 107.3299
Nov
58.740440169027302 121.206802331492
96.31494
Dec
58.514939368649401 122.95796617876999 117.5170

Jan
78.941343608827097 173.556373691017
88.53581
Feb
78.746897345461804 182.70002385324199 82.35770
Mar
68.940851862184104 132.73422436246
126.4822
Apr
75.009425324153696 179.74628690272201 78.70855
May
80.837869358150797 167.16343329592499 70.82440
Jun
64.890438765204095 150.819722783446
73.00184
Jul
84.399529422429794 216.472471726663
109.5944
Aug
78.300160293905606 138.23308657596701 106.3278
Sep
73.701524940331893 206.313645345895
112.1933
Oct
87.579899160995794 119.04732899826899 108.5237
Nov
80.524733065972896 126.944923525208
120.2625
Dec
70.067021935624098 122.762704828672
86.69283

Jan
61.764958660257903 138.99098215541699 86.59782
Feb
59.2317447471126
196.60251620419899 54.67108
Mar
39.609803736256602 65.585112485792806 71.59102
Apr
57.276866216875298 133.48539070872701 77.63840
May
58.954777444914598 109.499958950066
64.49207
Jun
68.706147088539296 201.03331359659799 46.55531
Jul
62.111568917147103 261.92068015363901 83.99449
Aug
54.011899914359802 157.69300325265999 77.88170
Sep
67.152999949497598 110.606688819376
103.9293
Oct
53.591388034368201 115.776514973148
68.07536
Nov
47.777957689957503 181.72802758295899 47.11240
Dec
54.476832692339698 159.050566225496
93.39577

Jan
16.271868947563
60.886495581075401 84.00532
Feb
68.597819953868097 114.569294650746
137.8622
Mar
68.944657851676695 71.727153343232104 137.4792
Apr
48.382535604386199 51.2954777990387
114.5296
May
77.092857582290094 34.559397953676701 106.1658
Jun
50.066640720389699 83.049791241422895 97.11635
Jul
61.451850938550002 50.918437439856497 90.44218
Aug
47.381065684825401 321.93022760650098 107.9535
Sep
83.8396773019292
48.429372266391297 100.3972
Oct
45.323346378697998 138.503785166266
109.6808
Nov
40.518487479489799 68.256060666796003 103.4199
Dec
39.055621227700598 51.0387094094676
103.0015

Jan
33.599264517610699 58.127192018083598 99.47641
Feb
42.561288150147099 113.221200560887
92.86542
Mar
84.064907201929501 40.819481193203103 110.3526
Apr
81.702460316667199 111.00035681357301 88.09801
May
63.387842807598901 84.838423946346893 108.6125
Jun
103.30238673131301 70.044371450887795 100.0621
Jul
92.240195657696205 175.92894842317699 96.28090
Aug
90.378352923081394 159.996343640513
115.0031
Sep
83.979608790354106 164.93568534979201 76.67168
Oct
84.8383315848168
70.832652482898794 75.12320
Nov
100.19995126019001 129.382694548176
79.89914
Dec
98.318979922630604 94.507605116716405 73.89623

Jan
95.777917782544506 113.66365532563201 73.44177
Feb
57.807940859343503 115.534346365603
104.2785
Mar
98.982120390508499 81.388812441987895 91.21552
Apr
103.22574768907999 176.18603953663501 89.07934
May
111.84265318471201 88.928881942008701 67.58844
Jun
149.25306282130299 206.380993558352
112.1582
Jul
120.96545047111999 131.31014182097201 90.13700
Aug
134.21734797163501 148.80723929134399 108.2879
Sep
111.784211871153
305.74121390246103 47.76900
Oct
136.784169422704
152.32619637546401 101.1124
Nov
140.04313994674999 160.83313491267401 105.6084
Dec
138.945943505956
145.11329405076299 147.2979

Jan

Feb
89.9897402501188
141.781396679583
81.58906
Mar
99.162540524352295 135.28515211647701 112.9589
Apr
90.321156096739799 93.613593873839704 108.5166
May
80.077839451005403 108.70897989789999 93.84924
Jun
96.128355384041697 165.23609525014101 88.18924
Jul
76.554059954930395 158.428928133813
80.35313
Aug
57.650698431711902 196.972968206247
100.8843
Sep
78.267014617284005 193.740361039655
107.1080
Oct
98.461901911403501 138.57746905771199 148.3137
Nov
76.220516329947799 103.08440360367401 127.6420
Dec
54.714103497214303 105.004060371214
140.0600

Jan
86.428382687084394 107.54053795364401 104.8877
Feb
74.149135767662401 158.47814779754799 81.74341
Mar
79.846228120826794 145.78962341212301 74.92634
Apr
54.408430880897903 403.264013542719
110.4177
May
95.796788844822501 128.238747929928
118.8115
Jun
72.289859323236698 182.131088182578
124.9671
Jul
72.098279968050093 93.773116489340097 116.6526
Aug
96.433165283766797 136.32234133340799 146.7601
Sep
73.116421345787501 122.17730782987201 98.00890
Oct
86.906808889043504 102.27052754635299 120.9378
Nov
89.331262693442596 146.12710556892799 92.75655
Dec
96.584200050595001 146.98499855194501 82.12203

Jan
61.132878175677
114.696920825269
134.1100
Feb
86.428489427998898 157.014053045944
89.34914
Mar
75.860777095197903 148.10225363771801 90.21598
Apr
64.107852453392496 135.109989734077
84.37061
May
55.046083632377197 206.475775929706
105.2648
Jun
79.660580327011701 129.82583676824299 108.7186
Jul
84.525756752759406 191.46180007855
109.5155
Aug
88.548908755518099 102.568604856946
109.6686
Sep
93.272885602232193 109.092520021502
128.7868
Oct
67.624512641850501 111.75350584541501 103.0806
Nov
85.775586781494198 133.32404176935
150.9556
Dec
82.771916255235894 149.98512856172599 101.0581

Jan
59.149310607738698 382.308307497915
116.5343
Feb
96.514789537882706 101.47092488271799 104.7005
Mar
74.835617571609106 149.28161873016799 99.87322
Apr
70.019104708027598 137.37490786611301 70.15602
May
57.275811617641303 144.30386217542701 99.01242
Jun
59.730932395166498 116.498584521357
68.73132
Jul
112.846206796337
245.54405065824099 119.6005
Aug
97.929098143410002 282.99415878167298 44.48184
Sep
88.158695117627801 259.03584872224502 109.5557
Oct
101.55047102273799 205.62787899442699 83.45543
Nov
105.899583264504
243.17845976229
65.82961
Dec
108.637201779441
181.81706170399499 111.0671

Jan
94.076973165596499 53.489894106587897 54.52939
Feb
98.064974146421704 87.154294881244695 77.61971
Mar
93.349036977126204 98.819897274437096 86.17675
Apr
26.7828730325644
74.221505450089793 56.40992
May
91.479274000549793 76.900730151774297 59.87150
Jun
214.59132083958099 119.166362973516
221.1222
Jul
56.293152112985098 81.356705060068094 44.51859
Aug
48.375671788496703 77.020636678342299 57.00579
Sep
45.357347386277802 43.134875839494697 74.73180
Oct
39.818236126093097 48.752922739781802 33.86807
Nov
53.232920415012003 40.1816544773461
45.42663
Dec
48.083081932888398 86.474105024459007 57.24643

Jan
62.804021154914501 106.73168539389
80.08749
Feb
43.298192240379201 59.3675201587468
93.47205
Mar
41.533236017998597 58.813646187973397 70.81742
Apr
45.307837718736003 79.476217651221305 107.5091
May
54.3859303968798
36.058984226862101 99.96039
Jun
48.484164327722503 53.370464607424402 102.6726
Jul
47.691659527427397 77.847523175689901 104.3707
Aug
34.840101156908901 64.693107742499706 78.02509
Sep
46.126164830076597 80.772040697957806 75.87859
Oct
62.705233920752597 55.682440844664598 91.62629
Nov
47.428242419528402 54.931343367680697 96.14107
Dec
49.007023451628598 53.559949047873801 92.03396

Jan
100.08522012080201 146.782112723278
89.34251
Feb
79.256942288396004 124.58539883562401 87.70171
Mar
83.602556056691895 139.49354377955501 92.49456
Apr
85.462160912444403 235.53299431174099 115.0013
May
81.039880111223596 146.02322336739701 77.90610
Jun
78.0049745284295
113.11935112118
87.13210
Jul
74.327831260111793 140.351907347848
85.05319
Aug
62.318091904357203 117.49569660186
107.4304
Sep
96.130402503218406 160.509941094646
122.1663
Oct
47.428242419528402 54.931343367680697 96.14107
Nov
79.256942288396004 124.58539883562401 87.70171
Dec
41.533236017998597 58.813646187973397 70.81742

Jan
62.71
55.68
91.63
Feb
49.01
53.56
92.03
Mar
34.840000000000003 64.69
78.03
Apr
103.701106870046
67.139482906967601 127.9225
May
52.972768642957597 41.002489781947602 76.78079
Jun
110.299349952209
106.024058053901
107.7594
Jul
65.481813916335796 133.57049177262999 86.73175
Aug
69.267659810214298 147.904731104034
86.46581
Sep
110.49541950090099 162.809635930236
98.49034
Oct
131.30049026642399 160.259740141035
146.2665
Nov
128.35987254178201 151.98417443382999 132.9935
Dec
85.105702244275193 124.94381884677099 129.1314

Jan
134.57246995743799 137.31222479763699 132.9641
Feb
120.08472623906199 153.84925565387101 138.7491
Mar
139.15663544101599 163.76648817886701 141.3873
Apr
217.964100104766
193.485496703411
116.5660
May
127.069895093524
211.103958805487
115.3998
Jun
172.467504873102
214.730918883291
111.4456
Jul
228.736936860208
224.151015932701
105.0764
Aug
219.37335801027899 253.225599794304
111.9661
Sep
237.80442006493999 257.12719739173502 115.3828
Oct
330.62777560589399 316.86199331152
100.9156
Nov
289.039591024213
343.76534940917497 102.8762
Dec
227.41766647304999 295.79914381954899 104.3177

Jan
329.53707746913398 466.60018029869099 104.5005
Feb
285.82204950529899 461.803769496413
105.6209
Mar
226.10949642267099 405.192016823139
110.5839
Apr
154.66259544056001 382.043947950872
85.21510
May
184.07875102085799 417.13313113948999 100.8186
Jun
198.52583490727301 467.10817245456201 101.1480
Jul
157.896288294594
344.45144381023101 123.6321
Aug
226.42816703558501 455.35637833519098 113.2403
Sep
223.982464492351
420.54651486727602 121.7956
Oct
255.781049912361
287.88874959718299 108.3416
Nov
244.95341737704001 338.80084965925403 106.4979
Dec
207.480939385673
200.926044597291
112.0658

Jan
144.22335626910399 204.06067705954399 105.3842
Feb
103.901997163443
184.43501524259901 121.9644
Mar
114.494992495547
177.28540458202701 112.7970
Apr
123.739096004329
186.840772914664
107.5534
May
126.253050911796
240.90647817768701 116.4079
Jun
124.267455717404
194.35452759058501 107.5356
Jul
125.08327314101901 189.450733173835
106.4958
Aug
115.215759114432
223.544934917597
110.1547
Sep
136.84007506408599 202.792992317043
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
Animal a
fats and o
other cle

Jan
125.999985030863
120.28589519256001
Feb
90.987101278996306 108.717324831947
Mar
100.99912972458
104.502905224125
Apr
106.492082593048
110.135426150489
May
108.65563721956499 142.00507321082
Jun
106.94679842677
114.564494604411
Jul
107.64890551549099 111.67389701472
Aug
99.156746184775201 131.77111337565299
Sep
117.767019853238
119.53864395204199
Oct
97.112751950852996 118.863812330416
Nov
100.608424902387
116.42192027270799
Dec
97.262175319154693 102.110759125743

Jan

99.999999999999901 99.99999
Feb
105.667789853532
101.858063199078
100.1611
Mar
105.16922572425101 94.5431223571034
108.1094
Apr
109.20297737691099 105.787509944997
102.3705
May
103.279063511429
97.834800957019098 96.49490
Jun
107.016066087764
109.809359078676
104.3725
Jul
102.69537448473
111.05134767523199 103.1499
Aug
101.281641574402
113.40274829134501 96.10312
Sep
101.578572185421
109.899911145342
99.55115
Oct
104.46297204512
104.449961802903
100.036
Nov
100.577142857143
102.351233671988
98.64799
Dec
101.904761904762
103.689604685212
101.5070

Jan
108.47
103.89
102.8689
Feb
100.61
103.68
107.4372
Mar
106.54
104.56
114.1196
Apr
102.27
96.04
114.1703
May
94.91
96.85
107.1754
Jun
95.52
96.89
107.1358
Jul
103.29
119.93
106.5451
Aug
105.86
109.03
108.9784
Sep
94.28
95.13
105.6995
Oct
98.64
96.69
102.2542
Nov
104.03
95.98
105.8914
Dec
104.7
103.02
104.8115

Jan
101.422050499777
101.546823426743
108.5694
Feb
99.636496184257794 106.028718458434
107.4287
Mar
99.727311777951101 108.62107363656
106.6664
Apr
95.156199871135996 103.04443038665001 107.9955
May
95.508642616777706 103.63409000497199 107.3676
Jun
98.577593485210798 105.576436863168
106.5391
Jul
100.83137210906401 104.074012167766
108.0012
Aug
97.863978304501202 99.690959474113001 101.7415
Sep
97.649094939663001 101.677249545916
107.4546
Oct
95.795194896636801 101.497539912102
105.4186
Nov
95.384637371355396 101.58705467427301 106.3198
Dec
95.589884110113601 101.542212761192
106.3654

Jan
97.491179762997305 102.36599890730299 108.4033
Feb
97.043764044722494 103.093508827637
107.4796
Mar
98.347612401201204 104.419236016642
108.6734
Apr
93.190905806816204 101.8099740105
103.7294
May
92.737387504527703 101.41301396948801 105.4140
Jun
89.938259429222398 100.797310640872
102.9413
Jul
92.544559696944603 101.730205615515
105.5214
Aug
91.403635685139804 101.650593498078
104.4919
Sep
91.841972994480699 101.113762631375
103.8799
Oct
91.729402784493701 101.483504388886
104.5993
Nov
91.459958693475897 101.54284882496199 104.4991
Dec
92.097391511578394 101.43579873610599 104.3974

Jan
93.430682362852096 100.730619162282
104.9612
Feb
93.672101168984398 101.029653847398
104.2407
Mar
91.838994304352298 100.625264897463
103.6309
Apr
93.2946154301044
100.853786153613
96.87489
May
92.859866404286706 100.269207673032
96.68933
Jun
92.6232922529164
100.457477143516
97.01083
Jul
92.939241237542504 100.85741780567599 98.68301
Aug
92.905517070632001 100.867890000827
98.21178
Sep
92.667557520102505 100.55289215371999 97.33860
Oct
92.697663063767607 100.512793014908
96.73743
Nov
92.792333138435097 100.725599143742
96.25581
Dec
92.453376511348296 100.440609702765
95.47611

Jan
92.751553518700007 100.627342364802
96.84692
Feb
92.716911910521404 100.542588436459
96.13162
Mar
92.668735157269296 100.545333393956
96.19781
Apr
92.533218664433093 100.746684649394
96.18582
May
92.487412686834105 100.750742924702
96.15566
Jun
92.465921168628498 100.666986091757
96.10655
Jul
92.699212032369999 100.33263654084899 96.25077
Aug
92.681818429174299 100.435011298361
96.26327
Sep
92.644936055648799 100.456522494289
96.31724
Oct
92.965286836667502 98.189776061327393 95.84614
Nov
93.122346134628899 97.981819522866502 96.03715
Dec
93.210546642437606 97.987047151476105 95.75946

Jan
92.618751071344803 99.762780347922799 95.86585
Feb
92.437935275063495 99.683602023246294 95.72841
Mar
92.279461816416003 99.721324347322295 95.60902
Apr
92.493106822022597 99.927875946628205 102.5111
May
92.294049835949295 100.198287516899
102.3686
Jun
92.6159028454924
100.12589928057599 102.3086
Jul
92.631766065238594 104.911237271335
97.81220
Aug
92.538768276473206 105.133285302594
97.96958
Sep
92.518813634351503 105.08855524588699 97.70630
Oct
92.566998745425593 104.76676383962
98.15608
Nov
92.879002288741205 104.705777487281
98.23685
Dec
92.8471909711904
104.735296489463
98.02258
Source:
Central
Bank of
Nigeria
and
National
Bureau of
Statistics
Return to
Menu
Table
D.2.1.1A:
Balance of
Payments -
Analytical
Statement (₦'
Million)
1 9 8 1
Category
Oil
Non-Oil
Total*
(A) CURRENT
ACCOUNT
10067.200000000001 -14065.6
-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 -13285.1
-3068.9
(C) NET
ERRORS AND
OMISSIONS

48.1
TOTAL ( A and
B and C )
10216.200000000001 -13285.1
-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.2.1.1B:
Balance of
Payments -
Analytical
Statement (₦'
Million)
Category

(A)
CURRENT
ACCOUNT
-52304.3
-186084.8
376024
Goods
61335.9
247177.7
678557.2
Export
(F.O.B)
206059.2
825669.6
1128246.60
Oil
200710.2
805566.8
1108187.10
Non-oil

20102.8
20059.5
Imports
-144723.29999999999 -578491.9
-449689.4
Oil
-42349.599999999999 -135370.9
-139487.200
Non-oil
-102373.7
-443121
-310202.2
Services (net) -58225.2
-282275.90000000002 -285959
Services
(credit)
-36030.5
-119815.8
-188134.2
Services
(debit)
-22194.7
-162460.1
-97824.8
Income (net)
-66367.399999999994 -202535.1
-211092.2
Investment
income
(credit)

7088.8
8025.2
Interest on
reserves and
investments

7088.8
8025.2
Others

Investment
income
(debit)
-67435.399999999994 -209623.9
-219117.4
Interest due
on loans
-36352.800000000003 -106270.9
-107498.3
Others
-31082.6
-103353
-111619.1
Current
Transfers
(net)
10952.4
51548.5
194518
General
Government

-4875.2
Other sectors 0

199393.2
(B) CAPITAL
AND
FINANCIAL
ACCOUNT
11252.8
-3254.00000000001
-423462.7
Capital
Account (net)
30698.799999999999
34627.4

Capital
Transfers
(net)
30698.799999999999
34627.4

Acquisation/
Disposal of
non-financial
assets

Financial
Account (net)
-19446
-37881.4
-423462.7
Direct
Investment
22229.200000000001
75940.600000000006 111290.9
Portfolio
Investment
-203.5
-5785
-12055.2
Other
Investment
-41471.699999999997 -108037
-522698.4
Official (of
which)
-41471.699999999997 -108037
-212258.7
Amortisation
(due)
-51355.7
-188206.7
-260668.2
Disbursement 9884
80169.7
48409.5
Private (Net)

-310439.7
(C) NET
ERROR AND
OMISSIONS
-1571.8
-5877.5
-5713.3
OVERALL
BALANCE
=Total (A &
B & C)
-42623.3
-195216.3
-53152
(D)
FINANCING
42623.3
195216.3
53152
a.
Exceptional
Financing
49818.2
179891.20000000001 237102.5
Promissory
notes
(arrears)

Deferred debt
service
49818.2
179891.20000000001 237102.5
Others

b. Change in
Reserves*
-7194.9
15325.1
-183950.5
Memorandum
Items

Current
Account
Balance as %
of G.D.P
-2.9570642086154399 -6.0022802908959401 9.20259420
Capital &
Financial
Account
Balance as %
of G.D.P
0.63618578447102503 -0.10495978213468
-10.3635815
Overall
Balance as %
of G.D.P
-2.40974135746159
-6.2968224699256901 -1.30081135
External
Reserves -
Stock (US$'
Million)
1658.8

4074.7
Number of
Months of
Import
Equivalent

2.1
7.6
External Debt
Stock ( US$'
Million)
29428.86
32584.799999999999 28060
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
Return to Menu
Table D.2.1.2A:
Balance of
Payments
Compilation (₦'
Million)
Category

CURRENT
ACCOUNT
4810028.45
4698047.0769410599 347837
Goods
3832995.79
4495928.0454719998 474988
Credit
7246534.7999999998 7324680.6275760001 830975
Debit
-3413539.01
-2828752.5821039998 -35598
Exports fob
7246534.7999999998 7324680.6275760001 830975
Crude oil & gas
7140578.9199999999 7191085.6408320004 811050
Crude oil
6743640.5599999996 6538465.4853959996 725660
Gas
396938.36
652620.15543599997 853896
Non-oil
105955.88
133594.98674399999 199257
Electricity

Other Non-oil

Imports fob
-3413539.01
-2828752.5821039998 -35598
Crude oil & gas
-724816.82
-646721.53358399996 -69908
Non-oil
-1821416.19
-1835800.052256
-22998
Trading Partner
Adjustment
-867306
-346230.99626400002 -56095
Services(net)
-634172.21
-1495583.6488809399 -21268
Credit
235320.62
295722.93094200001 181558
Debit
-869492.83
-1791306.5798229401 -23083
Transportation(net) -192166.11
-189306.74332800001 -52253
Credit
175580.84
235020.42512999999 104384
Debit
-367746.95
-424327.168458
-62691
Of which:
Passenger
-23122.91
-29864.163941999999 -11962
Credit
11115.97
3236.2088760000001 15603.
Debit
-34238.879999999997 -33100.372818000003 -13522
Of which: Freight
-319583.87
-340060.77768599999 -43401
Credit
9485.17
47900.481732
47231.
Debit
-329069.03999999998 -387961.259418
-48124
Of which: Other
150540.67000000001 180618.19829999999 31101.
Credit
154979.70000000001 183883.73452200001 41548.
Debit
-4439.03
-3265.5362220000002 -10447
Travel
-24302.959999999999 -398154.42480600002 -67642
Credit
7152.65
23696.495567999998 26840.
Debit
-31455.61
-421850.92037399998 -70326
Business travel
-11624.53
-31039.807986
-69689
Credit

Debit
-11624.53
-31039.807986
-69689
Personal travel
-274.64999999999998 -367114.61682
-60673
Credit

23696.495567999998 26840.
Debit
-274.64999999999998 -390811.11238800001 -63357
Education related
expenditure
-11084.43
-136829.920518
-31763
Credit

Debit
-11084.43
-136829.920518
-31763
Health related
expenditure

-127928.433456
-13433
Credit

Debit

-127928.433456
-13433
Other Personal
Travels
-1319.35
-102356.262846
-15477
Credit
7152.65
23696.495567999998 26840.
Debit
-8472
-126052.758414
-18161
Insurance services
-466.51
-35251.469892000001 -25811
Credit
74.900000000000006 86.706935999999999 571.40
Debit
-541.41
-35338.176828000003 -26382
Communication
services
-18221.18
-20800.514508048
-23127
Credit
2653.96
3029.6423519999998 3368.5
Debit
-20875.14
-23830.156860047999 -26495
Construction
services
-5973.97
-6819.6239462736003 -7582.4
Credit

Debit
-5973.97
-6819.6239462736003 -7582.4
Financial services
-1927.13
-2403.56727
581.38
Credit
1436.97
1549.24893
1684.2
Debit
-3364.1
-3952.8162000000002 -1102.8
Computer &
information
services
-19778.79
-22578.611604436799 -25104
Credit

Debit
-19778.79
-22578.611604436799 -25104
Royalties and
license fees
-8860.98
-10842.192306000001 -21725
Credit

Debit
-8860.98
-10842.192306000001 -21725
Other business
services
-378181.55
-607804.14544200001 -51714
Credit
1185.98
1211.3469
1247.5
Debit
-379367.53
-609015.49234200001 -51839
Operational leasing
services
-3778.04
-124633.569888
-10287
Credit

Debit
-3778.04
-124633.569888
-10287
Misc. business,
professional, and
technical services
-374403.51
-483170.57555399998 -41427
Credit
1185.98
1211.3469
1247.5
Debit
-375589.49
-484381.92245399999 -41551
Personal, cultural
& recreational
services
-38.57
-44.030802182400002 -48.955
Credit

Debit
-38.57
-44.030802182400002 -48.955
Government
Services n.i.e
15745.54
-201578.324976
-30788
Credit
47235.32
31129.065126000001 43461.
Debit
-31489.78
-232707.390102
-35134
Income(net)
-296211.28000000003 -591999.25615200005 -14782
Credit
116901.02
241240.37268599999 322595
Debit
-413112.3
-833239.628838
-18007
Compensation of
employees
13317.09
16152.992136000001 23932.
Credit
20364.61
24701.275944000001 27425.
Debit
-7047.52
-8548.2838080000001 -3493.2
Investment income -309528.37
-608152.248288
-15021
Credit
96536.41
216539.09674199999 295169
Debit
-406064.78
-824691.34502999997 -17973
Direct investment
-341717.25
-740208.18691799999 -16401
Credit
59.13
1882.0505519999999 2740.9
Debit
-341776.38
-742090.23747000005 -16428
Income on equity
-335862.93
-733563.63039599999 -16309
Credit

1768.566474
2616.2
Debit
-335862.93
-735332.19686999999 -16335
Dividends and
distributed branch
profits
-104348.74
-498418.24527000001 -13682
Credit
657.05
1020.0816
1746.6
Debit
-105005.79
-499438.32686999999 -13700
Reinvested
earnings and
undistributed
branch profit
-230742.82
-235145.38512600001 -26262
Credit
114.33
748.48487399999999 869.57
Debit
-230857.15
-235893.87
-26349
Income on Direct
Investment Loans
(interest)
-5854.32
-6644.5565219999999 -9232.2
Credit
59.13
113.484078
124.76
Debit
-5913.45
-6758.0406000000003 -9357
Portfolio
investment
-33903.78
-54956.896200000003 -66881
Credit
6176.27
6885.5508
6657.1
Debit
-40080.050000000003 -61842.447
-73538
Other investment
66092.66
187012.83483000001 204882
Income on debt
(interest)
66092.66
187012.83483000001 204882
Credit
90301.01
207771.49539
285771
Debit
-24208.35
-20758.66056
-80889
Current
transfers(net)
1907416.15
2289701.9365019999 233350
Credit
1917271.9
2312484.1839359999 235239
Debit
-9855.75
-22782.247434000001 -18883
General
government
7796.56
125492.98863599999 97818.
Credit
15769.2
131623.67905199999 108251
Debit
-7972.64
-6130.6904160000004 -10433
Other sectors
1899619.59
2164208.9478659998 223569
Credit
1901502.7
2180860.5048839999 224414
Debit
-1883.11
-16651.557018
-8449.9
Workers'
remittances
1899619.59
2149129.591614
223563
Credit
1901502.7
2153647.2779999999 223893
Debit
-1883.11
-4517.6863860000003 -3301.1
Other Transfers

15079.356252
56.141
Credit

27213.226884
5204.9
Debit

-12133.870632
-5148.8
CAPITAL AND
FINANCIAL
ACCOUNT
-2496880.15
-2491546.5777278598 -16665
Capital
account(net)
962972.48
1357983.63

Credit
962972.48
1357983.63

Debit

Capital transfers
962972.48
1357983.63

Credit
962972.48
1357983.63

General
Government
962972.48
1357983.63

Debt Forgiveness
962972.48
1357983.63

Other Sector

Debit

Acquisition/
disposal of
nonproduced,
nonfin assets

Credit

Debit

Financial
account(net)
-3459852.63
-3849530.2077278602 -16665
Assets
-1843867.07
-2820760.3957802402 -31327
Direct investment
(Abroad)
-1921.21
-41119.489296
-10916
Equity capital
-1921.21
-40371.004421999998 -10829
Claims on direct
investment
enterprises
-1921.21
-40371.004421999998 -10829
Liabilities to direct
investors

Reinvested
earnings

-748.48487399999999 -869.57
Other capital

Claims on direct
investment
enterprises

Liabilities to direct
investors

Portfolio
investment
-180090.32
-194585.81862024
-23194
Equity securities
-162803.32999999999 -175524.31882223999 -21467
Debt securities
-17286.990000000002 -19061.499798000001 -17269
Long-term

Short-term
-17286.990000000002 -19061.499798000001 -17269
Other investment
-173763.44
-797497.24467599997 -16644
Trade credits
-180616.47
-598891.18246200006 -90114
Loans -DMBs
-14583.88
-16080.311322
-14568
Currency and
deposits
21436.91
-182525.75089200001 -74873
Monetary
authorities

General
government

15275.721960000001 -15892
Banks
8821.5499999999993 -180970.126452
-36367
Other sectors
12615.36
-16831.346399999999 -22613
Other Assets

Reserve assets*
-1488092.1
-1787557.8431879999 -11272
Monetary Gold

SDRs

Reserve Positions
in the Fund

Foreign exchange
-1488092.1
-1787557.8431879999 -11272
Other Claims

Liabilities
-1615985.56
-1028769.81194762
146623
Direct Invesment in
reporting economy
654193.15
624520.73266199999 759380
Equity capital
423336
388626.862662
491142
Claims on direct
investors

Liabilities to direct
investors
423336
388626.862662
491142
Reinvested
earnings
230857.15
235893.87
263493
Other capital

4744.6
Claims on direct
investors

Liabilities to direct
investors

4744.6
Portfolio
Investment
116035.03
360291.54601799999 332547
Equity securities
98557.5
227605.70699999999 182085
Debt securities
17477.53
132685.839018
150461
Long-term
17477.53
129002.06934
132007
Short-term

3683.7696780000001 18454.
Other investment
liabilities
-2386213.7400000002 -2013582.09062762
374307
Trade credits

Short-term

Long-term

Loans
-2391004.9500000002 -2026999.79269436
268261
General
government
-1999928.79
-2094992.5859999999 -64001
Long-term
-1999928.79
-2094992.5859999999 -64001
Drawings
34692.239999999998 63882.610200000003 53023
Repayments
-2034621.03
-2158875.1962000001 -11702
short-term

Monetary
authorities

Banks
11432.67
12653.366505637599 172698
Other sectors
-402508.83
55339.426800000001 159564
Long-term
-402508.83
55339.426800000001 159564
Short-term

Currency &
Deposits
4791.21
13417.702066739699 106046
Monetary
Authority

Banks
4791.21
13417.702066739699 106046
Other Liabilities -
monetary authority
SDR allocation

NET ERRORS AND
OMISSIONS
-2313148.2999999998 -2206500.4992132001 -18118
Memorandum
Items:

Current Account
Balance as % of
GDP
32.842622896018398 25.30645550505
16.838
Capital and
Financial Account
Balance as % of
GDP
-16.7637729213656
-13.420940994291501 -8.0674
Overall Balance as
% of GDP
9.9908831877538695 9.6288420018971603 5.4567
External Reserves -
Stock (US$'
Million)
28279.06
42298
51333.
Number of Months
of Imports
Equivalent
13.0638071315144
22.879737763088901 21.588
External Debt
Stock (US$'
Million)
20476.2
3544.49
3628.6
Debt Service Due
as % of Exports of
Goods and Non
Factor Services
Source: Central
Bank of Nigeria
Note: *Negative
sign indicates
accretion to
reserves while
positive sign
indicates depletion
of reserves.
Return to Menu
Table D.2.1.2B:
Balance of
Payments
Compilation (₦'
Million)

CURRENT
ACCOUNT
2225550.65333826
-4193429.7561495998
-5
Goods
6254304.86692301
878664.22014597803
-5
Credit
18707620.255368099
19910445.862884302

Debit
-12453315.3884451
-19031781.642738301
-1
Exports fob
18707620.255368099
19910445.862884302

Crude oil & gas
17281938.269586202
16703316.5482961

Crude oil
15160117.5959609
14689874.7532233

Gas
2121820.6736253402
2013441.79507283

Non-oil and
Electricity
1425681.9857818601
3207129.3145881798

Electricity
40417.670835570098
43602.238571355199

Other Non-oil
1385264.3149462901
3163527.07601682

Imports fob
-12453315.3884451
-19031781.642738301
-1
Crude oil & gas
-3534395.6814166801
-3378301.8546837899
-2
Non-oil
-8918919.7070283704
-15653479.7880545
-1
Trading Partner
Adjustment

Services(net)
-7965086.4654870899
-10345056.0542116
-5
Credit
1472192.25005384
1516527.8513410401

Debit
-9437278.7155409306
-11861583.9055527
-7
Transportation(net) -1533936.72844157
-1513324.0438294201
-1
Credit
406711.36043812102
603116.48765014298

Debit
-1940648.08887969
-2116440.5314795598
-1
Of which:
Passenger
-1108249.74758224
-880609.350788326
-3
Credit
4731.6968895110904
6824.1604701184797

Debit
-1112981.4444717499
-887433.51125844405
-3
Of which: Freight
-718168.33302229503
-909047.67612017901
-1
Credit
59679.123191804203
170842.10314359199

Debit
-777847.45621409896
-1079889.77926377
-1
Of which: Other
292481.35216296499
276332.98307908903

Credit
342300.54035680601
425450.22403643298

Debit
-49819.188193840899
-149117.24095734401
-1
Travel
-2324345.71027462
-3695383.7914690799
-1
Credit
599649.76497520204
444031.63143030001

Debit
-2923995.4752498199
-4139415.4228993799
-1
Business travel
-355564.36395347997
-482996.53155925003
-2
Credit

Debit
-355564.36395347997
-482996.53155925003
-2
Personal travel
-1968781.34632114
-3212387.2599098301
-1
Credit
599649.76497520204
444031.63143030001

Debit
-2568431.1112963399
-3656418.89134013
-1
Education related
expenditure
-1309367.49450017
-1843574.0373118899
-9
Credit

Debit
-1309367.49450017
-1843574.0373118899
-9
Health related
expenditure
-508069.78080052201
-783060.46523827896
-3
Credit

Debit
-508069.78080052201
-783060.46523827896
-3
Other Personal
Travels
-151344.071020445
-585752.757359665
-3
Credit
599649.76497520204
444031.63143030001

Debit
-750993.83599564596
-1029784.38878997
-4
Insurance services
-101264.908935762
-265108.05763674201
-1
Credit
68676.229973369307
37462.424685428203

Debit
-169941.138909131
-302570.48232216999
-3
Communication
services
18953.560680305502
28069.840004411399

Credit
70456.589621451305
64922.790870033503

Debit
-51503.0289411458
-36852.950865622202
-8
Construction
services
-18420.372603100001
-6325.7393424619704
-3
Credit

Debit
-18420.372603100001
-6325.7393424619704
-3
Financial services
-35881.691580915503
78409.658965747498

Credit
164853.59863321899
209924.967925601

Debit
-200735.290214134
-131515.30895985299
-1
Computer &
information
services
-80126.680421600002
-52260.408735543599
-1
Credit

Debit
-80126.680421600002
-52260.408735543599
-1
Royalties and
license fees
-77261.608284000002
-77475.333935999995
-9
Credit

Debit
-77261.608284000002
-77475.333935999995
-9
Other business
services
-3864069.1556175002
-4876814.4287388502
-2
Credit
19226.018469242099
15216.3862627935

Debit
-3883295.1740867398
-4892030.8150016395
-2
Operational leasing
services
-289917.39703823801
-343561.72911062499
-2
Credit

Debit
-289917.39703823801
-343561.72911062499
-2
Misc. business,
professional, and
technical services
-3574151.7585792602
-4533252.6996282199
-2
Credit
19226.018469242099
15216.3862627935

Debit
-3593377.7770484998
-4548469.0858910102
-2
Personal, cultural
& recreational
services
-12366.99098712
-27455.893657703898
-2
Credit

Debit
-12366.99098712
-27455.893657703898
-2
Government
Services
63633.820978782504
62612.144163994701

Credit
142618.68794323699
141853.162516743

Debit
-78984.866964454297
-79241.018352748506
-8
Income(net)
-3438446.54019093
-2807128.76548194
-1
Credit
626537.86709717498
710634.39465259004

Debit
-4064984.4072881099
-3517763.1601345302
-2
Compensation of
employees
71448.734030593099
67206.8237334101

Credit
76202.092508845002
79649.878720267094

Debit
-4753.3584782518401
-12443.0549868571
-1
Investment income -3509895.2742215199
-2874335.5892153499
-1
Credit
550335.77458832995
630984.51593232295

Debit
-4060231.0488098599
-3505320.10514767
-2
Direct investment
-3292041.2560903602
-2725427.80692981
-1
Credit
136638.06214748599
133842.034126977

Debit
-3428679.31823785
-2859269.8410567902
-1
Income on equity
-3260984.2689549802
-2681820.1705113598
-1
Credit
135381.14350903899
132414.471689781

Debit
-3396365.4124640101
-2814234.6422011498
-1
Dividends and
distributed branch
profits
-3495126.6198255299
-2918686.47656134
-1
Credit
115922.445652478
129376.29814636

Debit
-3611049.0654779999
-3048062.7747077001
-1
Reinvested
earnings and
undistributed
branch profit
234142.35087055201
236866.30604997801

Credit
19458.697856561499
3038.1735434213501

Debit
214683.65301399
233828.13250655701

Income on Direct
Investment Loans
(interest)
-31056.987135389401
-43607.636418447903
-2
Credit
1256.91863844674
1427.5624371957001

Debit
-32313.905773836101
-45035.198855643597
-2
Portfolio
investment
-296802.31068112102
-311333.45521807001

Credit
75915.504776881804
78637.026603108199

Debit
-372717.81545800302
-389970.48182117799
-4
Other investment
78948.292549960694
162425.672932532
-2
Income on debt
(interest)
78948.292549960694
162425.672932532
-2
Credit
337782.20766396302
418505.45520223799

Debit
-258833.91511400201
-256079.78226970599
-5
Current
transfers(net)
7374778.7920932798
8080090.8433980104

Credit
7494431.87496824
8297982.6991664302

Debit
-119653.082874965
-217891.85576842201
-2
General
government
126698.60969541701
555282.48079433001

Credit
126698.60969541701
555282.48079433001

Debit

Other sectors
7248080.1823978601
7524808.3626036802

Credit
7367733.2652728297
7742700.2183721

Debit
-119653.082874965
-217891.85576842201
-2
Workers'
remittances
7336714.1857575998
7200680.9939634399

Credit
7352641.0132424701
7215999.6518911403

Debit
-15926.8274848659
-15318.6579277046
-2
Other Transfers
-88634.003359744704
324127.36864024098
-1
Credit
15092.252030354901
526700.56648095895

Debit
-103726.25539010001
-202573.197840718
-1
CAPITAL AND
FINANCIAL
ACCOUNT
-30388.976613859701
6568230.6397783402
-3
Capital
account(net)

Credit

Debit

Capital transfers

Credit

General
Government

Debt Forgiveness

Other Sector

Debit

Acquisition/
disposal of
nonproduced,
nonfin assets

Credit

Debit

Financial
account(net)
-30388.976613859701
6568230.6397783402
-3
Assets
-2562355.5686907298
3527806.6344614201

Direct investment
(Abroad)
-172823.83785023299
-87427.514887838101
-5
Equity capital
-130223.593347758
-20332.392175204401
-3
Claims on direct
investment
enterprises
-130223.593347758
-20332.392175204401
-3
Liabilities to direct
investors

Reinvested
earnings
-19458.697856561499
-3038.1735434213501
-7
Other capital
-23141.546645913899
-64056.949169212399
-1
Claims on direct
investment
enterprises
-23141.546645913899
-64056.949169212399
-1
Liabilities to direct
investors

Portfolio
investment
-122680.48890680401
-26818.000318017999
-3
Equity securities
-120877.286208112
-14970.803106887601
-5
Debt securities
-1803.2026986913199
-11847.1972111304

Long-term
-1803.2026986913199
-11847.1972111304

Short-term

-1
Financial
Derivatives

Currency Swap

Other investment
-1262531.6956471901
2266318.0513378498

Trade credits
-79254.034344382701
-43798.4747928449

Loans -DMBs
-299442.82975112897
-519689.14859934198
-7
Currency and
deposits
-883834.83155168395
2829805.6747300299

Monetary
authorities

General
government
-185307.81451716399
166354.34427213899

Banks
-129337.528173078
260864.18723887499
-7
Other sectors
-569189.48886144103
2402587.1432190202

Other Assets

Reserve assets
-1004319.54628649
1375734.09832943

Monetary Gold

SDRs

Reserve Positions
in the Fund

Foreign exchange
-1004319.54628649
1375734.09832943

Other Claims

Liabilities
2531966.5920768701
3040424.0053169099
-5
Direct Invesment in
reporting economy
236896.301780665
706329.60634213302

Equity capital
42558.900226563397
494662.10840454599

Claims on direct
investors

Liabilities to direct
investors
42558.900226563397
494662.10840454599

Reinvested
earnings
-214683.65301399
-233828.13250655701
-2
Other capital
409021.05456809199
445495.630444145

Claims on direct
investors

Liabilities to direct
investors
409021.05456809199
445495.630444145

Portfolio
Investment
120608.852585199
973918.42066266295
-1
Equity securities
384770.35202625702
-474480.71365939197
-9
Debt securities
-264161.49944105698
1448399.13432205
-1
Long-term
1170554.5038773899
-93331.169554304099
-2
Short-term
-1434716.0033184499
1541730.3038763599
-9
Financial
Derivatives

Currency Swap

Other investment
liabilities
2174461.437711
1360175.9783121101
-1
Trade credits

Short-term

Long-term

Loans
1786785.6530608099
577838.97650995897
-2
General
government
846772.84439126705
-209631.59253226599

Long-term
846772.84439126705
-209631.59253226599

Drawings
1055826.141271

Repayments
-209053.29687973301
-209631.59253226599
-3
short-term

Monetary
authorities

Banks
128524.517358538
267138.08780222503
-5
Other sectors
811488.29131100001
520332.48123999999
-7
Long-term
811488.29131100001
520332.48123999999
-7
Short-term

Currency &
Deposits
387675.78465019597
782337.001802154

Monetary
Authority

Banks
387675.78465019597
782337.001802154

Other Liabilities -
monetary authority
SDR allocation

NET ERRORS AND
OMISSIONS
-2195161.6767243999
-2374800.88362874

Memorandum
Items:

Current Account
Balance as % of
G.D.P
1.7237281400153901
-2.8793288493920501
-3
Capital and
Financial Account
Balance as % of
G.D.P
-2.3536797087501799E-2 4.5099350818599699
-0
Overall Balance as
% of G.D.P
0.777863159800389
-0.94461839323844199 -0
External Reserves -
Stock (US $
million)
42594.84285275
38092.720200720003

Number of Months
of Imports
Equivalent
12.542128380967901
7.3597228762529596
8.3
External Debt
Stock (US$ million)
25274.36
27676.14

Debt Service Due
as % of Exports of
Goods and Non
Factor Services

Effective Central
Exchange Rate (N/
$)
305.57510000000002
306.42039999999997

Average Exchange
Rate (N/$)
306.07530000000003
306.92039999999997

End-Period
Exchange Rate (N/
$)
306.5
306.5

1/ Provisional
2/ Revised
Return to Menu
Table D.2.1.3A:
Balance of
Payments
Compilation (US$'
Million)
Category

CURRENT
ACCOUNT
37225.054790350798
36844.480495999996

Goods
29168.219998478002
35259.360000000001

Credit
55144.469979453599
57443.88

Debit
-25976.249980975601
-22184.52
-285
Exports fob
55144.469979453599
57443.88

Crude oil & gas
54338.170002282903
56396.160000000003

Crude oil
51317.560003043902
51277.98

Gas
3020.60999923902
5118.18

Non-oil
806.29997717068704
1047.72

Electricity

Other Non-oil

Imports fob
-25976.249980975601
-22184.52
-285
Crude oil & gas
-5515.68997793166
-5071.92
-560
Non-oil
-13860.5600030439
-14397.28
-184
Trading Partner
Adjustment
-6600
-2715.32
-449
Services(net)
-4825.9052583517196
-11729.129504
-170
Credit
1790.7360170458901
2319.21

Debit
-6616.6412753976101
-14048.339504
-185
Transportation(net) -1462.34008066357
-1484.64
-418
Credit
1336.12997488776
1843.15
836.
Debit
-2798.47005555133
-3327.79
-502
Of which:
Passenger
-175.96004870253401
-234.21
-958
Credit
84.589985541435198
25.38
125.
Debit
-260.55003424396898
-259.58999999999997
-108
Of which: Freight
-2431.96004870253
-2666.93
-347
Credit
72.179971082870395
375.66
378.
Debit
-2504.1400197854
-3042.59
-385
Of which: Other
1145.5800167415
1416.5
249.
Credit
1179.36001826345
1442.11
333.
Debit
-33.780001521954198
-25.61
-83.7
Travel
-184.93995890723701
-3122.53
-542
Credit
54.430028156152503
185.84
215.
Debit
-239.369987063389
-3308.37
-563
Business travel
-88.460010653679305
-243.43
-558
Credit

Debit
-88.460010653679305
-243.43
-558
Personal travel
-2.0900235902899298
-2879.1
-486
Credit

185.84
215.
Debit
-2.0900235902899298
-3064.94
-507
Education related
expenditure
-84.349973365801702
-1073.0899999999999
-254
Credit

Debit
-84.349973365801702
-1073.0899999999999
-254
Health related
expenditure

-1003.28
-107
Credit

Debit

-1003.28
-107
Other Personal
Travels
-10.039951297465899
-802.73
-124
Credit
54.430028156152503
185.84
215.
Debit
-64.469979453618393
-988.57
-145
Insurance services
-3.55003424396926
-276.45999999999998
-206
Credit
0.56997184384749999 0.68
4.58
Debit
-4.1200060878167601
-277.14
-211
Communication
services
-138.659006163914
-163.12824000000001
-185
Credit
20.196027699566201
23.76

Debit
-158.855033863481
-186.88824
-212
Construction
services
-45.460543337645497
-53.482968
-60.7
Credit

Debit
-45.460543337645497
-53.482968
-60.7
Financial services
-14.665017882961701
-18.850000000000001
4.66
Credit
10.9350125561221
12.15
13.5
Debit
-25.600030439083799
-31
-8.84
Computer &
information
services
-150.51206148694899
-177.07298399999999
-201
Credit

Debit
-150.51206148694899
-177.07298399999999
-201
Royalties and
license fees
-67.430028156152503
-85.03
-174
Credit

Debit
-67.430028156152503
-85.03
-174
Other business
services
-2877.87497146336
-4766.71
-414
Credit
9.0250361464119901
9.5

Debit
-2886.90000760977
-4776.21
-415
Operational leasing
services
-28.750019024427399
-977.44
-824
Credit

Debit
-28.750019024427399
-977.44
-824
Misc. business,
professional, and
technical services
-2849.12495243893
-3789.27
-332
Credit
9.0250361464119901
9.5

Debit
-2858.14998858534
-3798.77
-333
Personal, cultural
& recreational
services
-0.29350886538315202 -0.34531200000000001 -0.39
Credit

Debit
-0.29350886538315202 -0.34531200000000001 -0.39
Government
Services n.i.e
119.81995281942
-1580.88
-246
Credit
359.44996575603102
244.13
348.
Debit
-239.630012936611
-1825.01
-281
Income(net)
-2254.09999239023
-4642.76
-118
Credit
889.589985541435
1891.93

Debit
-3143.68997793166
-6534.69
-144
Compensation of
employees
101.340004565863
126.68
191.
Credit
154.97001750247301
193.72
219.
Debit
-53.630012936610598
-67.040000000000006
-28
Investment income -2355.43999695609
-4769.4399999999996
-120
Credit
734.61996803896204
1698.21

Debit
-3090.05996499505
-6467.65
-144
Direct investment
-2600.39000076098
-5805.09
-131
Credit
0.44996575603074401 14.76
21.9
Debit
-2600.83996651701
-5819.85
-131
Income on equity
-2555.83996651701
-5752.98
-130
Credit

13.87
20.9
Debit
-2555.83996651701
-5766.85
-130
Dividends and
distributed branch
profits
-794.07000989270205
-3908.85
-109
Credit

Debit
-799.07000989270205
-3916.85
-109
Reinvested
earnings and
undistributed
branch profit
-1755.90000760977
-1844.13
-210
Credit
0.87002511224412105 5.87
6.97
Debit
-1756.77003272201
-1850
-211
Income on Direct
Investment Loans
(interest)
-44.5500342439693
-52.11
-74
Credit
0.44996575603074401 0.89

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

53.3
Debit
-305
-485
-589
Other investment
502.95000380488602
1466.65

Income on debt
(interest)
502.95000380488602
1466.65

Credit
687.17000228293102
1629.45

Debit
-184.21999847804599
-162.80000000000001
-648
Current
transfers(net)
15136.8400426147
17957.009999999998

Credit
15268.090023590299
18135.68

Debit
-131.24998097557301
-178.67
-151
General
government
59.330035765923398
984.18
784.
Credit

1032.26
867.
Debit
-60.669964234076602
-48.08
-83.6
Other sectors
621.84004261471705
16972.830000000002

Credit
678.09002359029
17103.419999999998

Debit
-56.249980975572598
-130.59
-67.7
Workers'
remittances
14455.669964234099
16854.57

Credit
14470
16890

Debit
-14.3300357659234
-35.43
-26.4
Other Transfers

118.26
0.44
Credit

213.42
41.7
Debit

-95.16
-41.2
CAPITAL AND
FINANCIAL
ACCOUNT
-19000.686020850801
-19539.978587813901
-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)
-26328.686020850801
-30189.978587813901
-133
Assets
-14031.406057377701
-22121.841199999999
-251
Direct investment
(Abroad)
-14.619968038962
-322.48
-874
Equity capital
-14.619968038962
-316.61
-868
Claims on direct
investment
enterprises
-14.619968038962
-316.61
-868
Liabilities to direct
investors

Reinvested
earnings

-5.87
-6.97
Other capital

Claims on direct
investment
enterprises

Liabilities to direct
investors

Portfolio
investment
-1370.4460847728501
-1526.0411999999999
-185
Equity securities
-1238.8960505288801
-1376.5512000000001
-172
Debt securities
-131.55003424396901
-149.49
-138
Long-term

Short-term
-131.55003424396901
-149.49
-138
Other investment
-1322.29997717069
-6254.38
-133
Trade credits
-1374.44996575603
-4696.8100000000004
-722
Loans -DMBs
-110.979986302412
-126.11
-116
Currency and
deposits
163.12997488775599
-1431.46
-600
Monetary
authorities

General
government

119.8
-127
Banks
67.129974887755907
-1419.26
-291
Other sectors

-132
-181
Other Assets

Reserve assets*
-11324.0400273952
-14018.94
-903
Monetary Gold

SDRs

Reserve Positions
in the Fund

Foreign exchange
-11324.0400273952
-14018.94
-903
Other Claims

Liabilities
-12297.2799634731
-8068.1373878138602

Direct Invesment in
reporting economy
4978.26002587322
4897.8100000000004

Equity capital
3221.48999315121
3047.81

Claims on direct
investors

Liabilities to direct
investors
3221.48999315121
3047.81

Reinvested
earnings
1756.77003272201

Other capital

38.0
Claims on direct
investors

Liabilities to direct
investors

38.0
Portfolio
Investment

2825.59

Equity securities

Debt securities

1040.5899999999999

Long-term

1011.7

Short-term

28.89
147.
Other investment
liabilities
-18158.5399893463
-15791.5373878139

Trade credits

Short-term

Long-term

Loans
-18195
-15896.765848491799

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

Repayments
-15483
-16931
-938
short-term

Monetary
authorities

Banks

99.234151508174094

Other sectors
-3063

Long-term
-3063

Short-term

Currency &
Deposits
36.460010653679298
105.22846067796701

Monetary
Authority

Banks
36.460010653679298
105.22846067796701

Other Liabilities -
monetary authority
SDR allocation

NET ERRORS AND
OMISSIONS
-18224.368769500001
-17304.501908186099
-145
Memorandum
Items:

Current Account
Balance as % of
GDP
32.842622896018398
25.30645550505
16.8
Capital and
Financial Account
Balance as % of
GDP
-16.7637729213656
-13.420940994291501
-8.06
Overall Balance as
% of GDP
9.9908831877538695
9.6288420018971603
5.45
External Reserves -
Stock (US$'
Million)
28279.06
42298

Number of Months
of Imports
Equivalent
13.0638071315144
22.879737763088901
21.5
External Debt
Stock (US$'
Million)
20476.2
3544.49

Debt Service Due
as % of Exports of
Goods and Non
Factor Services
Source: Central
Bank of Nigeria
Notes: 1Revised
*Negative sign
indicates accretion
to reserves while
positive sign
indicates depletion
of reserves
Return to Menu
Table D.2.1.3B:
Balance of
Payments
Compilation (US$'
Million)
2018 1
2019 1

CURRENT
ACCOUNT
7283.1544629724704
-13685.2172901987
-1
Goods
20467.324945399701
2867.5121504507501
-1
Credit
61221.023098308899
64977.546739330399

Debit
-40753.698152909201
-62110.0345888796
-5
Exports fob
61221.023098308899
64977.546739330399

Crude oil & gas
56555.453208020503
54511.1113630037

Crude oil
49611.756965671797
47940.2636156839

Gas
6943.6962423487403
6570.84774731978

Non-oil and
Electricity
4665.5698902883796
10466.435376326701

Electricity
132.26755333
142.29548219163999

Other Non-oil
4533.3023369583798
10324.1398941351

Imports fob
-40753.698152909201
-62110.0345888796
-5
Crude oil & gas
-11566.3733118853
-11025.055298810999
-7
Non-oil
-29187.324841023899
-51084.979290068601
-4
Trading Partner
Adjustment

Services(net)
-26065.888436221099
-33760.989980470098
-1
Credit
4817.7755650046101
4949.1739170794199

Debit
-30883.664001225701
-38710.163897549501
-1
Transportation(net) -5019.8354788775896
-4938.7183223747998
-3
Credit
1330.97022773819
1968.26480107115

Debit
-6350.8057066157799
-6906.9831234459498
-5
Of which:
Passenger
-3626.7671926876101
-2873.8600654144602
-1
Credit
15.484563007624301
22.2705814303437
7.9
Debit
-3642.2517556952398
-2896.1306468448101
-1
Of which: Freight
-2350.21876135292
-2966.6682639934502
-3
Credit
195.30100192
557.54154470000003

Debit
-2545.51976327292
-3524.2098086934502
-4
Of which: Other
957.15047516294703
901.81000703311202

Credit
1120.18466281057
1388.4526749408101

Debit
-163.03418764762199
-486.64266790769801
-3
Travel
-7606.46306022519
-12059.8491205843
-5
Credit
1962.3646199418799
1449.09291754172

Debit
-9568.8276801670709
-13508.942038126001
-5
Business travel
-1163.5907636239999
-1576.254490756
-6
Credit

Debit
-1163.5907636239999
-1576.254490756
-6
Personal travel
-6442.8722966011901
-10483.5946298283
-4
Credit
1962.3646199418799
1449.09291754172

Debit
-8405.23691654307
-11932.68754737
-4
Education related
expenditure
-4284.9286296565797
-6016.4859693150001
-2
Credit

Debit
-4284.9286296565797
-6016.4859693150001
-2
Health related
expenditure
-1662.66747781649
-2555.5102246400002
-1
Credit

Debit
-1662.66747781649
-2555.5102246400002
-1
Other Personal
Travels
-495.27618912812198
-1911.5984358732801
-1
Credit
1962.3646199418799
1449.09291754172

Debit
-2457.6408090700002
-3360.6913534149999
-1
Insurance services
-331.39123225603799
-865.17757184816003
-5
Credit
224.744195365949
122.25825919367099

Debit
-556.13542762198597
-987.43583104183097
-8
Communication
services
62.0258675536898
91.605650290944595

Credit
230.57045427278399
211.87489759178399

Debit
-168.54458671909401
-120.269247300839
-2
Construction
services
-60.280999999999999
-20.643988920000002
-8
Credit

Debit
-60.280999999999999
-20.643988920000002
-8
Financial services
-117.423479795689
255.889160662108

Credit
539.48636074476894
685.08809441408198

Debit
-656.90984054045805
-429.19893375197398
-3
Computer &
information
services
-262.21600000000001
-170.55133645000001
-3
Credit

Debit
-262.21600000000001
-170.55133645000001
-3
Royalties and
license fees
-252.84
-252.84
-2
Credit

Debit
-252.84
-252.84
-2
Other business
services
-12645.2356740372
-15915.436533399399
-6
Credit
62.917490558760001
49.65852881464

Debit
-12708.153164596
-15965.095062214001
-6
Operational leasing
services
-948.75988599280004
-1121.2103669032001
-6
Credit

Debit
-948.75988599280004
-1121.2103669032001
-6
Misc. business,
professional, and
technical services
-11696.475788044399
-14794.226166496201
-6
Credit
62.917490558760001
49.65852881464

Debit
-11759.3932786032
-14843.8846953108
-6
Personal, cultural
& recreational
services
-40.471200000000003
-89.602042350000005
-0
Credit

Debit
-40.471200000000003
-89.602042350000005
-0
Government
Services
208.24282141700201
204.33412450344301

Credit
466.72221638228001
462.93641845237198

Debit
-258.479394965278
-258.602293948929
-2
Income(net)
-11252.3780248814
-9161.0374683994305
-4
Credit
2050.3564167930399
2319.1484465544399

Debit
-13302.7344416744
-11480.1859149539
-6
Compensation of
employees
233.81726466126699
219.32881666302299

Credit
249.37271560688299
259.93660578821499

Debit
-15.5554509456164
-40.607789125192198
-3
Investment income -11486.1952895427
-9380.3662850624496
-4
Credit
1800.98370118616
2059.2118407662201

Debit
-13287.1789907288
-11439.578125828701
-6
Direct investment
-10773.2641046026
-8894.4071834963106
-4
Credit
447.150511109989
436.79217874194097

Debit
-11220.4146157126
-9331.1993622382506
-4
Income on equity
-10671.629556711199
-8752.0940854831006
-4
Credit
443.037222303254
432.13334259005399

Debit
-11114.6667790144
-9184.2274280731508
-4
Dividends and
distributed branch
profits
-11437.8646029258
-9525.1049752605995
-5
Credit
379.35828427276198
422.218292732338

Debit
-11817.222887198601
-9947.3232679929406
-5
Reinvested
earnings and
undistributed
branch profit
766.23504621466805
773.01088977750305

Credit
63.678938030492397
9.9150498577162391

Debit
702.55610818417597
763.09583991978695

Income on Direct
Investment Loans
(interest)
-101.634547891466
-142.31309801321299
-7
Credit
4.1132888067343902
4.6588361518870904
3.5
Debit
-105.7478366982
-146.97193416510001
-7
Portfolio
investment
-971.290889477321
-1016.03370799748

Credit
248.43485210961799
256.631172738852

Debit
-1219.7257415869401
-1272.6648807363299
-1
Other investment
258.35970453731602
530.07460643133402
-6
Income on debt
(interest)
258.35970453731602
530.07460643133402
-6
Credit
1105.3983379665499
1365.7884892854299

Debit
-847.03863342923501
-835.71388285409705
-1
Current
transfers(net)
24134.095978675199
26369.298008220099

Credit
24525.662840225701
27080.385963749301

Debit
-391.56686155045202
-711.08795552914296
-6
General
government
414.62347454166701
1812.1589841744601

Credit
414.62347454166701
1812.1589841744601

Debit

Other sectors
23719.472504133599
24557.1390240457

Credit
24111.039365683999
25268.2269795748

Debit
-391.56686155045202
-711.08795552914296
-6
Workers'
remittances
24009.528871160001
23499.352503826201

Credit
24061.649700000002
23549.344795226199

Debit
-52.120828840000001
-49.992291399999999
-5
Other Transfers
-290.05636702645199
1057.78652021941
-5
Credit
49.389665684000001
1718.88218434856

Debit
-339.44603271045202
-661.09566412914296
-5
CAPITAL AND
FINANCIAL
ACCOUNT
-99.448471468584103
21435.3569141556
-9
Capital
account(net)

Credit

Debit

Capital transfers

Credit

General
Government

Debt Forgiveness

Other Sector

Debit

Acquisition/
disposal of
nonproduced,
nonfin assets

Credit
Debit
Financial
account(net)
-99.448471468584103
21435.3569141556
-9
Assets
-8385.3545943066893
11512.9626958957

Direct investment
(Abroad)
-565.56911165285806
-285.31884589876603
-1
Equity capital
-426.15904681944897
-66.354564432408594
-9
Claims on direct
investment
enterprises
-426.15904681944897
-66.354564432408594
-9
Liabilities to direct
investors
Reinvested
earnings
-63.678938030492397
-9.9150498577162391
-2
Other capital
-75.731126802916506
-209.04923160864101
-3
Claims on direct
investment
enterprises
-75.731126802916506
-209.04923160864101
-3
Liabilities to direct
investors

Portfolio
investment
-401.47410213333302
-87.520283629999994
-1
Equity securities
-395.573088933333
-48.857070569999998
-1
Debt securities
-5.9010132000000004
-38.663213059999997

Long-term
-5.9010132000000004
-38.663213059999997

Short-term

-3
Financial
Derivatives
Currency Swap
Other investment
-4131.6576371805004
7396.1069541644301

Trade credits
-259.36025004780402
-142.93589719498101

Loans
-979.93203553276601
-1696.0004901740999
-1
Currency and
deposits
-2892.3653515999299
9235.0433415335101

Monetary
authorities
General
government
-606.42314939000005
542.89578719999997

Banks
-423.25938262992702
851.32774201350503
-1
Other sectors
-1862.6828195799999
7840.81981232

Other Assets
Reserve assets
-3286.6537433399899
4489.6948712599897

Monetary Gold
SDRs
Reserve Positions
in the Fund
Foreign exchange
-3286.6537433399899
4489.6948712599897

Other Claims
Liabilities
8285.9061228380997
9922.3942182599803
-1
Direct Invesment in
reporting economy
775.24740000302904
2305.0998117035701

Equity capital
139.274764948333
1614.32498751567

Claims on direct
investors
Liabilities to direct
investors
139.274764948333
1614.32498751567

Reinvested
earnings
-702.55610818417597
-763.09583991978695
-7
Other capital
1338.52874323887
1453.8706641076899

Claims on direct
investors
Liabilities to direct
investors
1338.52874323887
1453.8706641076899

Portfolio
Investment
394.69463508381199
3178.37330890066
-3
Equity securities
1259.1678838565599
-1548.46320173001
-2
Debt securities
-864.47324877274798
4726.8365106306701
-3
Long-term
3830.66062606996
-304.58536557717503
-6
Short-term
-4695.1338748427097
5031.4218762078499
-2
Financial
Derivatives
Currency Swap
Other investment
liabilities
7115.9640877512602
4438.9210976557497
-3
Trade credits

Short-term

Long-term

Loans
5847.2881234786601
1885.7718889145699
-6
General
government
2771.0793333333299
-684.13066666666498

Long-term
2771.0793333333299
-684.13066666666498

Drawings
3455.21

Repayments
-684.13066666666498
-684.13066666666498
-9
short-term
Monetary
authorities
Banks
420.59879014532999
871.80255558123895
-1
Other sectors
2655.61
1698.1
-2
Long-term
2655.61
1698.1
-2
Short-term

Currency &
Deposits
1268.6759642725999
2553.1492087411698

Monetary
Authority

Banks
1268.6759642725999
2553.1492087411698

Other Liabilities -
monetary authority
SDR allocation

NET ERRORS AND
OMISSIONS
-7183.7059915038899
-7750.1396239569503

Memorandum
Items:

Current Account
Balance as % of
G.D.P
1.7237281400153901
-2.8793288493920501
-3
Capital and
Financial Account
Balance as % of
G.D.P
-2.3536797087501799E-2 4.5099350818599699
-0
Overall Balance as
% of G.D.P
0.777863159800389
-0.94461839323844199 -0
External Reserves -
Stock (US $
million)
42594.84285275
38092.720200720003

Number of Months
of Imports
Equivalent
12.542128380967901
7.3597228762529596
8.3
External Debt
Stock (US$ million)
25274.36
27676.14

Debt Service Due
as % of Exports of
Goods and Non
Factor Services

Effective Central
Exchange Rate (N/
$)
305.57510000000002
306.42039999999997

Average Exchange
Rate (N/$)
306.07530000000003
306.92039999999997

End-Period
Exchange Rate (N/
$)
306.5
306.5

Source: Central
Bank of Nigeria
Notes: 1Revised
2/ Revised
Return to Menu
Table D.2.1.4
Balance of Payments
BPM6 Compilation
(₦' Million)

Credits
Debits
Cred
Current Account
17145691.980020698 17003121.322845001

1. Current account
balance (+ Surplus;
- Deficit)
142570.65717577201 0

1.A Goods and
services
13302999.486408699 13595586.479881501

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

292586.99347274902

1.A.a Goods
12989820.3263669
9677784.3887048699

Balance on trade in
goods (+ Surplus; -
Deficit)
3312035.9376620799 0

1.A.a.1 General
merchandise on a
BOP basis
12989820.3263669
9677784.3887048699

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
313179.16004178999 3917802.0911766202

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

3604622.9311348302

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

9047.28967474411

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

9047.28967474411

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

10508.763692639701

1.A.b.3 Transport
121785.908309662
1374545.9885255799

1.A.b.3.1 Sea
transport
109776.36671684599 802349.15263233497

1.A.b.3.1.1
Passenger
488.84151729769701 1948.5720166388301
555.
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
51709.5025190284
784678.32520783599

1.A.b.3.1.3 Other
57578.022680519804 15722.2554078598

1.A.b.3.2 Air
transport
12009.5415928156
525184.03674022795

1.A.b.3.2.1
Passenger
9287.9888286562309 521890.80848934699

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
2721.5527641593899 1184.24110454321

1.A.b.3.2.3 Other

2108.9871463379

1.A.b.3.3 Other
modes of transport

42620.255454490602

1.A.b.3.3.1
Passenger

9804.1952798437705

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

824.09341139527396

1.A.b.3.3.3 Other

31991.966763251501

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

4392.5436985248098

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

4392.5436985248098

1.A.b.4 Travel
85417.911170060106 913955.92387743201

1.A.b.4.1 Business

181697.63692911601

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

181697.63692911601

1.A.b.4.2 Personal
85417.911170060106 732258.28694831603

1.A.b.4.2.1 Healthrelated

131362.96677473301

1.A.b.4.2.2
Education-related

352063.58644785098

1.A.b.4.2.3 Other
85417.911170060106 248831.73372573199

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
11008.8814499369

1.A.b.5.1
Construction abroad

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

11008.8814499369

1.A.b.6 Insurance
and pension services
3484.1458456832702 52695.874768636102

1.A.b.6.1 Direct
insurance
3484.1458456832702 52175.469215524099

1.A.b.6.2
Reinsurance

515.68746106204298

1.A.b.6.3 Auxiliary
insurance services

4.71809204997294

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

1.A.b.7 Financial
services
2224.3218137571398 195219.17683135101

1.A.b.7.1 Explicitly
charged and other
financial services
2224.3218137571398 195219.17683135101

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.

39764.0797971719

1.A.b.9
Telecommunications,
computer, and
information services
8435.9485853516198 242926.38162688701

1.A.b.9.1
Telecommunications
services
8435.9485853516198 133031.48071077201

1.A.b.9.2 Computer
services

109198.667799274

1.A.b.9.3
Information services

696.23311684100702

1.A.b.10 Other
business services
15726.4639459684
758662.04372383805

1.A.b.10.1 Research
and development
services

0.78634867499548999 0
1.A.b.10.2
Professional and
management
consulting services

274599.02446026198

1.A.b.10.3
Technical, traderelated, and other
business services
15726.4639459684
484062.23291490099

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

47421.700464013004

1.A.b.11.1
Audiovisual and
related services

3.14539469998196

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

47418.555069313101

1.A.b.12
Government goods
and services n.i.e.
76104.460371307607 262045.98674438999

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

1.B Primary income
256827.453503981
3270441.6117062699

Balance on primary
income (+ Surplus; -
Deficit)

3013614.1582022901

1.B.1 Compensation
of employees
31466.465670725502 2701.2202380796498

1.B.2 Investment
income
225360.987833255
3267740.3914681901

1.B.2.1 Direct
investment
49807.151294825999 3093174.5609041899

1.B.2.1.1 Income on
equity and
investment fund
shares
49342.199832954502 3086501.5954629201

1.B.2.1.1.1
Dividends and
withdrawals from
income of quasicorporation
44867.325428157703 2668256.8895089598

1.B.2.1.1.1.1 Direct
investor in direct
investment
enterprises
44867.325428157703 2668256.8895089598

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
4474.8744047968403 418244.70595395099

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
464.95146187146997 6672.9654412714199
581.
1.B.2.1.2.1 Direct
investor in direct
investment
enterprises
464.95146187146997 6672.9654412714199
581.
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
3864.1567063615898 84555.643131969904

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

45213.969907731102

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

45213.969907731102

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
3864.1567063615898 39341.673224238897

1.B.2.2.2.1 Shortterm
3864.1567063615898 22369.326286652999

1.B.2.2.2.2 Longterm

16972.346937585899

1.B.2.3 Other
investment
139476.23718130001 90010.187432033796

1.B.2.3.1
Withdrawals from
income of quasicorporations

1.B.2.3.2 Interest
139476.23718130001 90010.187432033796

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
32213.442650767302 0

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

1.B.2.4.2 Interest
32213.442650767302 0

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
13559826.939912699 16866028.091587801

1.C Secondary
income
3585865.04010802
137093.23125721101

Balance on
secondary income
(+ Surplus; -
Deficit)
3448771.8088508099 0

1.C.1 General
government
295067.51093361998 8248.0112520276998

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
33927.799931355403 8248.0112520276998

1.C.1.5
Miscellaneous
current transfers of
general government
261139.71100226499 0

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

1.C.2 Financial
corporations,
nonfinancial
corporations,
households, and
NPISHs
3290797.5291744
128845.220005184

1.C.2.1 Personal
transfers (Current
transfers between
resident and
nonresident
household)
3271054.0360488598 5888.1788783662296

Of which: 1.C.2.1.1
Workers’ remittances
3271054.0360488598 5888.1788783662296

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
19743.493125538502 122957.041126818

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)
142570.65717577201 0

Net acquisition of
financial assets
Net incurrence of
liabilities
Net a
finan
3 Financial account
951016.51821035799 2883269.1884401301

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

1932252.67022978

3.1 Direct
investment
253879.66822550099 738197.18506943702

3.1.1 Equity and
investment fund
shares
253879.66822550099 736148.63275051594

3.1.1.1 Equity other
than reinvestment of
earnings
249404.793820705
317903.92679656402

3.1.1.1.1 Direct
investor in direct
investment
enterprises
249404.793820705
317903.92679656402

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
4474.8744047968403 418244.70595395099

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

2048.5523189211299

3.1.2.1 Direct
investor in direct
investment
enterprises

2048.5523189211299

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

3.2 Portfolio
investment
542445.96950663195 832392.01629101997

3.2.1 Equity and
investment fund
shares
433956.77560530597 164339.89469390601

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 433956.77560530597 164339.89469390601

3.2.1.4.1 Other
financial
corporations

3.2.1.4.2
Nonfinancial
corporations,
households, and
NPISHs
433956.77560530597 164339.89469390601

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 108489.193901326
668052.12159711402

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

161203.466033912

3.2.2.2.1 Short-term

161203.466033912

3.2.2.2.2 Long-term

3.2.2.3 General
government

261113.029809014

3.2.2.3.1 Short-term

3.2.2.3.2 Long-term

261113.029809014

3.2.2.4 Other sectors 108489.193901326
245735.62575418799

3.2.2.4.0.1 Shortterm
108489.193901326

3.2.2.4.0.2 Longterm

245735.62575418799

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
108489.193901326
245735.62575418799

3.2.2.4.2.1 Shortterm
108489.193901326

3.2.2.4.2.2 Longterm

245735.62575418799

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 1484008.5974660499 1312679.98707968

3.4.1 Other equity

3.4.2 Currency and
deposits
-418090.64630480699 567392.478220494

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
-162060.02654420701 567392.478220494
-877
3.4.2.2.0.1 Of which:
Interbank positions

3.4.2.2.1 Short-term
-162060.02654420701 567392.478220494
-877
3.4.2.2.2 Long-term

3.4.2.3 General
government
-106721.87874715601 0
-265
3.4.2.3.1 Short-term
-106721.87874715601 0
-265
3.4.2.3.2 Long-term

3.4.2.4 Other sectors -149308.74101344301 0

3.4.2.4.0.1 Shortterm
-149308.74101344301 0

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
-149308.74101344301 n.a

3.4.2.4.2.1 Shortterm
-149308.74101344301 n.a

3.4.2.4.2.2 Longterm

n.a

3.4.3 Loans
-139478.22860774701 745287.50885918306
-141
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

382665.16654191702

3.4.3.2.1 Short-term

382665.16654191702

3.4.3.2.2 Long-term

3.4.3.3 General
government

177450.58739418199

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

177450.58739418199

3.4.3.4 Other sectors -139478.22860774701 185171.75492308399
-141
3.4.3.4.0.1 Shortterm

3.4.3.4.0.2 Longterm
-139478.22860774701 185171.75492308399
-141
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
-139478.22860774701 185171.75492308399
-141
3.4.3.4.2.1 Shortterm

3.4.3.4.2.2 Longterm
-139478.22860774701 185171.75492308399
-141
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
2041577.4723785999 0

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
1122867.6098082301 0

3.4.5.2.1 Short-term
1122867.6098082301 0

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 918709.86257037101 0

3.4.5.4.0.1 Shortterm
918709.86257037101 0

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
918709.86257037101 0

3.4.5.4.2.1 Shortterm
918709.86257037101 0

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
3.5 Reserve assets
-1329317.7169878299 n.a
-115
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
-1329317.7169878299 n.a
-115
3.5.4.1 Currency and
deposits
-1329317.7169878299 n.a
-115
3.5.4.1.1 Claims on
monetary authorities
-1329317.7169878299 n.a
-115
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
811538.28960261098 3628556.6972993198

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
Cred
Net errors and
omissions

2074823.3274055501

Memorandum Items

Current Account
Balance as % of GDP
0.178008341389474
-3.18
Capital and Financial
Account Balance as
% of GDP
2.41252444718363
-0.21
Overall Balance as %
of GDP
-1.6597267736864301
-1.20
External Reserves -
Stock (US$' Billion)
34241.54

Number of Months
of Imports
Equivalent
6.6711074587332897
6.48
External Debt Stock
(US$' Billion)
9711.4500000000007

Effective Central
Exchange Rate (N/$)
157.26973499909801
196.
End-Period Exchange
Rate (N/$)
169.68

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
Return to Menu
Table D.2.1.5
Balance of Payments
BPM6 Compilation
(US$' Million)

Credits
Debits
Cre
Current Account
109020.92497402
108114.389096812

1. Current account
balance (+ Surplus;
- Deficit)
906.53587720860401 0

1.A Goods and
services
84587.1552240171
86447.570347590794

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

-1860.4151235736899

1.A.a Goods
82595.804758248298 61536.216035210899

Balance on trade in
goods (+ Surplus; -
Deficit)
21059.588723037399 0

1.A.a.1 General
merchandise on a
BOP basis
82595.804758248298 61536.216035210899

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
1991.3504657687999 24911.354312379899

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

-22920.0038466111

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

57.527213832947503

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

57.527213832947503

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

66.819999999999993

1.A.b.3 Transport
774.37599999999998 8740.0540767329603

1.A.b.3.1 Sea
transport
698.01329999999996 5101.7390767329598

1.A.b.3.1.1
Passenger
3.1082999999999998 12.39
2.8
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
328.79500000000002 4989.3790767329601

1.A.b.3.1.3 Other
366.11
99.97

1.A.b.3.2 Air
transport
76.362700000000004 3339.384

1.A.b.3.2.1
Passenger
59.057699999999997 3318.444

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
17.305
7.53

1.A.b.3.2.3 Other

13.41

1.A.b.3.3 Other
modes of transport

271.00099999999998

1.A.b.3.3.1
Passenger

62.34

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

5.24

1.A.b.3.3.3 Other

203.42099999999999

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

27.93

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

27.93

1.A.b.4 Travel
543.13
5811.3910084649997

1.A.b.4.1 Business

1155.324875

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

1155.324875

1.A.b.4.2 Personal
543.13
4656.0661334650003

1.A.b.4.2.1 Healthrelated

835.27175

1.A.b.4.2.2
Education-related

2238.5971875

1.A.b.4.2.3 Other
543.13
1582.197195965

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

1.A.b.5.1
Construction abroad

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

1.A.b.6 Insurance
and pension services
22.153949999999998 335.06685039520301

1.A.b.6.1 Direct
insurance
22.153949999999998 331.75785039520298

1.A.b.6.2
Reinsurance

3.2789999999999999

1.A.b.6.3 Auxiliary
insurance services

0.03

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

1.A.b.7 Financial
services
14.143355768799999 1241.30162

1.A.b.7.1 Explicitly
charged and other
financial services
14.143355768799999 1241.30162

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.

252.84

1.A.b.9
Telecommunications,
computer, and
information services
53.64
1544.6479999999999

1.A.b.9.1
Telecommunications
services
53.64
845.88099999999997

1.A.b.9.2 Computer
services

694.34

1.A.b.9.3
Information services

4.4269999999999996

1.A.b.10 Other
business services
99.996759999999995 4823.9544864

1.A.b.10.1 Research
and development
services

5.0000000000000001E-3 0
1.A.b.10.2
Professional and
management
consulting services

1746.0385779999999

1.A.b.10.3
Technical, traderelated, and other
business services
99.996759999999995 3077.9109084000002

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

301.53100000000001

1.A.b.11.1
Audiovisual and
related services

0.02

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

301.51100000000002

1.A.b.12
Government goods
and services n.i.e.
483.91039999999998 1666.2200565537501

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

1.B Primary income
1633.0380000033299 20795.111098298901

Balance on primary
income (+ Surplus; -
Deficit)

-19162.073098295601

1.B.1 Compensation
of employees
200.0796
17.175715582500001

1.B.2 Investment
income
1432.9584000033301 20777.935382716401

1.B.2.1 Direct
investment
316.69889502332802 19667.958116174901

1.B.2.1.1 Income on
equity and
investment fund
shares
313.74250000000001 19625.528048868498

1.B.2.1.1.1
Dividends and
withdrawals from
income of quasicorporation
285.28899999999999 16966.118048868499

1.B.2.1.1.1.1 Direct
investor in direct
investment
enterprises
285.28899999999999 16966.118048868499

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
28.453499999999998 2659.41

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
2.9563950233281502 42.430067306399998
2.9
1.B.2.1.2.1 Direct
investor in direct
investment
enterprises
2.9563950233281502 42.430067306399998
2.9
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
24.570250000000001 537.64726654149194

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

287.493139783

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

287.493139783

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
24.570250000000001 250.154126758492

1.B.2.2.2.1 Shortterm
24.570250000000001 142.23541666666699

1.B.2.2.2.2 Longterm

107.918710091826

1.B.2.3 Other
investment
886.86
572.33000000000004

1.B.2.3.1
Withdrawals from
income of quasicorporations

1.B.2.3.2 Interest
886.86
572.33000000000004

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
204.82925498

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

1.B.2.4.2 Interest
204.82925498

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
86220.193224020404 107242.68144589

1.C Secondary
income
22800.731749999999 871.70765092214106

Balance on
secondary income
(+ Surplus; -
Deficit)
21929.024099077898 0

1.C.1 General
government
1876.1875
52.445

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
215.73
52.445

1.C.1.5
Miscellaneous
current transfers of
general government
1660.4575

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

1.C.2 Financial
corporations,
nonfinancial
corporations,
households, and
NPISHs
20924.544249999999 819.26265092214101

1.C.2.1 Personal
transfers (Current
transfers between
resident and
nonresident
household)
20799.0052
37.44

Of which: 1.C.2.1.1
Workers’ remittances
20799.0052
37.44

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
125.53905
781.82265092214095

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)
906.53587720860401 0

Net acquisition of
financial assets
Net incurrence of
liabilities
Ne
fin
3 Financial account
6047.0408894362999 18333.2742848245

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

-12286.233395388201

3.1 Direct
investment
1614.2945
4693.8286318958299

3.1.1 Equity and
investment fund
shares
1614.2945
4680.8029068958303

3.1.1.1 Equity other
than reinvestment of
earnings
1585.8409999999999 2021.39290689583

3.1.1.1.1 Direct
investor in direct
investment
enterprises
1585.8409999999999 2021.39290689583

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
28.453499999999998 2659.41

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

13.025725

3.1.2.1 Direct
investor in direct
investment
enterprises

13.025725

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

3.2 Portfolio
investment
3449.1440423025001 5292.7666998090499

3.2.1 Equity and
investment fund
shares
2759.315233842
1044.9556279525

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 2759.315233842
1044.9556279525

3.2.1.4.1 Other
financial
corporations

3.2.1.4.2
Nonfinancial
corporations,
households, and
NPISHs
2759.315233842
1044.9556279525

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 689.8288084605
4247.8110718565504

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

1025.0126385399999

3.2.2.2.1 Short-term

1025.0126385399999

3.2.2.2.2 Long-term

3.2.2.3 General
government

1660.28784756655

3.2.2.3.1 Short-term

3.2.2.3.2 Long-term

1660.28784756655

3.2.2.4 Other sectors 689.8288084605
1562.51058575

3.2.2.4.0.1 Shortterm
689.8288084605

3.2.2.4.0.2 Longterm

1562.51058575

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
689.8288084605
1562.51058575

3.2.2.4.2.1 Shortterm
689.8288084605

3.2.2.4.2.2 Longterm

1562.51058575

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 9436.0723471338006 8346.67895311965

3.4.1 Other equity

3.4.2 Currency and
deposits
-2658.4304113388698 3607.7664798236501

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
-1030.45908066887
3607.7664798236501
-44
3.4.2.2.0.1 Of which:
Interbank positions

3.4.2.2.1 Short-term
-1030.45908066887
3607.7664798236501
-44
3.4.2.2.2 Long-term

3.4.2.3 General
government
-678.59133066999902 0
-13
3.4.2.3.1 Short-term
-678.59133066999902 0
-13
3.4.2.3.2 Long-term

3.4.2.4 Other sectors -949.37999999999704 0

3.4.2.4.0.1 Shortterm
-949.37999999999704 0

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
-949.37999999999704 n.a

3.4.2.4.2.1 Shortterm
-949.37999999999704 n.a

3.4.2.4.2.2 Longterm

n.a

3.4.3 Loans
-886.87266249000095 4738.9124732959999
-71
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

2433.1774104159999

3.4.3.2.1 Short-term

2433.1774104159999

3.4.3.2.2 Long-term

3.4.3.3 General
government

1128.32

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

1128.32

3.4.3.4 Other sectors -886.87266249000095 1177.4150628800001
-71
3.4.3.4.0.1 Shortterm

3.4.3.4.0.2 Longterm
-886.87266249000095 1177.4150628800001
-71
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
-886.87266249000095 1177.4150628800001
-71
3.4.3.4.2.1 Shortterm

3.4.3.4.2.2 Longterm
-886.87266249000095 1177.4150628800001
-71
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
12981.3754209627

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
7139.75648152946

3.4.5.2.1 Short-term
7139.75648152946

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 5841.6189394331996 0

3.4.5.4.0.1 Shortterm
5841.6189394331996 0

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
5841.6189394331996 0

3.4.5.4.2.1 Shortterm
5841.6189394331996 0

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
3.5 Reserve assets
-8452.4699999999903 n.a
-58
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
-8452.4699999999903 n.a
-58
3.5.4.1 Currency and
deposits
-8452.4699999999903 n.a
-58
3.5.4.1.1 Claims on
monetary authorities
-8452.4699999999903 n.a
-58
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
5160.1682269462999 23072.186758120501

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

-13192.769272596801

Memorandum Items

Current Account
Balance as % of GDP
0.178008341389474
-3.
Capital and Financial
Account Balance as
% of GDP
2.41252444718363
-1.
Overall Balance as %
of GDP
-1.6597267736864301
-1.
External Reserves -
Stock (US$' Million)
34241.54

Number of Months
of Imports
Equivalent
6.6711074587332897
6.4
External Debt Stock
(US$' Million)
9711.4500000000007

Effective Central
Exchange Rate (N/$)
252.68969999999999

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.2.2.1A:
International
Investment
Position (₦'
Million)
Type of
Asset/
Liability

Net
international
investment
position of
Nigeria
-2859237.86154
709216.02053116297 1036563.13453
ASSETS
5396331.3171600001 7759720.2329311604 8907352.83743
Direct
investment
abroad
39347.58
80102.049599999998 177712.367399
Equity
Capital and
Reinvested
Earnings
39347.58
80102.049599999998 177712.367399
Debt
Instrument

Portfolio
investment
abroad
367831.34045999998 557873.67978000001 732395.98228
Equity
Securities
331798.79407499998 503224.69522499997 665805.869274
Monetary
Authority

General
Government

Banks
331798.79407499998 503224.69522499997 665805.869274
Other Sector 0

Debt
Securities
36032.546385000001 54648.984555000003 66590.1130050
Bonds and
Notes

Monetary
Authority

General
Government

Banks

Other Sector 0

Money
Market
36032.546385000001 54648.984555000003 66590.1130050
Monetary
Authority

General
Government

Banks
36032.546385000001 54648.984555000003 66590.1130050
Other Sector 0

Financial
Derivatives

Monetary
Authority

General
Government

Banks

Other Sector 0

Other Assets 1331030.0334000001 1696165.9338511601 1941472.78225
Trade Credit 423035.9952
602459.81869999995 213828.8829
Monetary
Authority

General
Government

Banks

Other Sector 423035.9952
602459.81869999995 213828.8829
Loans
120493.49490000001 134801.50839999999 137752.389300
Monetary
Authority

Long-term

Short-term

General
Government

Long-term

Short-term

Banks
120493.49490000001 134801.50839999999 137752.389300
Long-term

Short-term
120493.49490000001 134801.50839999999 137752.389300
Other Sector 0

Long-term

Short-term

Currency
and Deposits
787500.54330000002 958904.60675116302 1589891.51005
Monetary
Authority

General
Government
112742.5428
95627.850399999996 238223.899200
Banks
463238.7
638105.18485116295 930748.291458
Other Sector 211519.30050000001 225171.57149999999 420919.319399
Reserve
Assets
3658122.3632999999 5425578.5696999999 6055771.70550
Gold

Special
Drawing
Rights
53.418900000000001 53.873399999999997 94.3760000000
Reserve
Position in
the Fund
(IMF)

Foreign
Exchange
3658068.9443999999 5425524.6963
6055677.3295
LIABILITIES 8255569.1787
7050504.2123999996 7870789.70289
Direct
investment
in Reporting
Economy
3432490.05
4007515.2387000001 4403765.83380
Equity
Capital and
Reinvested
Earnings
3260865.5474999999 3838551.5811999999 4243883.45220
Debt
Instrument
171624.5025
168963.6575
159882.381599
Portfolio
investment
in Reporting
Economy
896082.50399999996 1244628.1813000001 1459134.35929
Equity
Securities
462529.5
684320.45
801545.985299
Monetary
Authority

General
Government

Banks

Other Sector 462529.5
684320.45
801545.985299
Debt
Securities
433553.00400000002 560307.73129999998 657588.373999
Bonds and
Notes
399078.27
522661.76899999997 605515.236299
Monetary
Authority

General
Government
399078.27
522661.76899999997 605515.236299
Banks

Other Sector 0

Money
Market
34474.733999999997 37645.962299999999 52073.1376999
Monetary
Authority

General
Government

Banks
34474.733999999997 37645.962299999999 52073.1376999
Other Sector 0

Financial
Derivatives

Monetary
Authority

General
Government

Banks

Other Sector 0

Other
Liabilities
3926996.6247
1798360.7923999999 2007889.50980
Trade Credit 0

Monetary
Authority

General
Government

Banks

Other Sector 0

Loans
3209229.0147000002 1078223.5103
1245304.29670
Monetary
Authority

Long-term

Short-term

General
Government
2667844.0980000002 519006.07400000002 416811.603999
Long-term
2667844.0980000002 519006.07400000002 416811.603999
Short-term

Banks
128365.6167
139103.68419999999 291233.718700
Long-term
128365.6167
139103.68419999999 291233.718700
Short-term

Other Sector 413019.3
420113.75209999998 537258.974000
Long-term
413019.3
420113.75209999998 537258.974000
Short-term

Currency
and Deposits
717767.61
720137.28209999995 762585.213100
Monetary
Authority

General
Government

Banks
717767.61
720137.28209999995 762585.213100
Other Sector 0

SDR
Allocations

Source:
Central Bank
of Nigeria
Return to
Menu
Table
D.2.2.1B:
International
Investment
Position
(US$'
Million)
Type of
Asset/
Liability

Net
international
investment
position of
Nigeria
-21945.1827580014
5529.0872419986199 8786.66724199
ASSETS
41417.847241998599 60495.2072419986
75505.2372419
Direct
investment
abroad

624.48
1506.42
Equity
Capital and
Reinvested
Earnings

624.48
1506.42
Debt
Instrument

Portfolio
investment
abroad
2823.174
4349.2139999999999 6208.32399999
Equity
Securities
2546.6174999999998 3923.1675
5643.85750000
Monetary
Authority

General
Government

Banks
2546.6174999999998 3923.1675
5643.85750000
Other Sector 0

Debt
Securities
276.55650000000003 426.04649999999998 564.4665
Bonds and
Notes

Monetary
Authority

General
Government

Banks

Other Sector 0

Money
Market
276.55650000000003 426.04649999999998 564.4665
Monetary
Authority

General
Government

Banks
276.55650000000003 426.04649999999998 564.4665
Other Sector 0

Financial
Derivatives

Monetary
Authority

General
Government

Banks

Other Sector 0

Other Assets 10215.9032419986
13223.4032419986
16457.3432419
Trade Credit 3246.88
4696.8100000000004 1812.57
Monetary
Authority

General
Government

Banks

Other Sector 3246.88
4696.8100000000004 1812.57
Loans
924.81
1050.92
1167.69
Monetary
Authority

Long-term

Short-term

General
Government

Long-term

Short-term

Banks
924.81
1050.92
1167.69
Long-term

Short-term
924.81
1050.92
1167.69
Other Sector 0

Long-term

Short-term

Currency
and Deposits
6044.2132419986201 7475.6732419986201 13477.0832419
Monetary
Authority

General
Government
865.32
745.52
2019.36
Banks
3555.4432419986201 4974.7032419986199 7889.70324199
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
66718.5700000
Direct
investment
in Reporting
Economy
26345
31242.81
37329.54
Equity
Capital and
Reinvested
Earnings
25027.75
29925.56
35974.26
Debt
Instrument
1317.25
1317.25
1355.28
Portfolio
investment
in Reporting
Economy
6877.6
9703.19
12368.69
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
441.41
Monetary
Authority

General
Government

Banks
264.60000000000002 293.49
441.41
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
8405.89
10556.11
Monetary
Authority

Long-term

Short-term

General
Government
20476.2
4046.2
3533.2
Long-term
20476.2
4046.2
3533.2
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

SDR
Allocations

Source:
Central Bank
of Nigeria
Notes:
1Revised
2Provisional
Return to
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Table D.2.2.2A
International
Investment
Position -
BPM6 (₦'
Million)

Assets
Assets
Assets
Net
International
Investment
Position
-2795040.5110313599 -4662730.3676054701 -5905775.3
1 Direct
investment
1881182.2382616701 1979567.42434885
2051322.3
1.1 Equity and
investment
fund shares
808629.12739682
851804.28906602401 881799.51
1.1.1 Direct
investor in
direct
investment
enterprises
808629.12739682
851804.28906602401 881799.51
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

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
1072553.11086485
1127763.1352828201 1169522.8
1.2.1 Direct
investor in
direct
investment
enterprises
437762.706349293
462340.43856315297 477422.71
1.2.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.2.0.1.3
Between fellow
enterprises
634790.40451556002 665422.69671966997 692100.13
1.2.3.1 if
ultimate
controlling
parent is
resident

1.2.3.2 if
ultimate
controlling
parent is
nonresident
634790.40451556002 665422.69671966997 692100.13
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
205042.91447971601 216514.638997161
214712.30
2.1 Equity and
investment
fund shares
60090.957052972502 63453.983891079697 63446.155
2.1.1 Central
bank

2.1.1.9
Monetary
authorities

2.1.2 Deposittaking
corporations,
except the
central bank
3004.5478526486199 3172.6991945539899 3135.1577
2.1.3 General
government

2.1.4 Other
sectors
57086.409200323797 60281.284696525698 59567.997
2.1.4.1 Other
financial
corporations

2.1.4.2
Nonfinancial
corporations,
households,
and NPISHs
57086.409200323797 60281.284696525698 59567.997
2.1.0.1 Equity
securities other
than
investment
fund shares/
units
57086.409200323797 60281.284696525698 59567.997
2.1.0.1.1 Listed 57086.409200323797 60281.284696525698 59567.997
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
144951.95742674399 153060.65510608201 151266.15
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
10.7374204659844
1.68377433406583
1.6831069
2.2.2.1 Shortterm

2.2.2.2 Longterm
10.7374204659844
1.68377433406583
1.6831069
2.2.3 General
government

2.2.3.1 Shortterm

2.2.3.2 Longterm

2.2.4 Other
sectors
144941.22000627799 153058.97133174801 151264.47
2.2.4.0.1
Short-term

2.2.4.0.2 Longterm
144941.22000627799 153058.97133174801 151264.47
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
144941.22000627799 153058.97133174801 151264.47
2.2.4.2.1
Short-term

2.2.4.2.2 Longterm
144941.22000627799 153058.97133174801 151264.47
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
4715787.7135675596 6141215.8845353704 6757097.3
4.1 Other
equity

4.2 Currency
and deposits
4238418.8090482
5560541.3593906304 6242614.9
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
1287038.7388516499 1703186.825002
2005451.3
4.2.2.1 Shortterm
1287038.7388516499 1703186.825002
2005451.3
4.2.2.2 Longterm

4.2.3 General
government
671836.34635043098 819414.47058302304 777797.53
4.2.3.1 Shortterm
671836.34635043098 819414.47058302304 777797.53
4.2.3.2 Longterm

4.2.4 Other
sectors
2279543.7238461198 3037940.0638056099 3459366.0
4.2.4.0.1
Short-term
2279543.7238461198 3037940.0638056099 3459366.0
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
2279543.7238461198 3037940.0638056099 3459366.0
4.2.4.2.1
Short-term
2279543.7238461198 3037940.0638056099 3459366.0
4.2.4.2.2 Longterm

4.3 Loans

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

4.3.2.1 Shortterm

4.3.2.2 Longterm

4.3.3 General
government

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

4.3.3.2 Other
short-term

4.3.3.3 Longterm

4.3.4 Other
sectors

4.3.4.0.1
Short-term

4.3.4.0.2 Longterm

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

4.3.4.2.1
Short-term

4.3.4.2.2 Longterm

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
477368.90451936499 580674.52514473803 514482.40
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
214816.00703371401 261303.53631513199 231517.08
4.5.2.1 Shortterm
214816.00703371401 261303.53631513199 231517.08
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
262552.89748565102 319370.98882960598 282965.32
4.5.4.0.1
Short-term
262552.89748565102 319370.98882960598 282965.32
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
262552.89748565102 319370.98882960598 282965.32
4.5.4.2.1
Short-term
262552.89748565102 319370.98882960598 282965.32
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

5 Reserve
assets
4837305.3723615799 5165799.5988196498 6839736.7
5.1 Monetary
gold

5.1.1 Gold
bullion

5.1.2
Unallocated
gold accounts

5.2 Special
drawing rights
385890.231340984
407049.36523171602 401760.93
5.3 Reserve
position in the
IMF

5.4 Other
reserve assets
4451415.1410205998 4758750.2335879402 6437975.8
5.4.1 Currency
and deposits
2964436.1938309902 3336913.8789139502 4962512.5
5.4.1.1 Claims
on monetary
authorities

5.4.1.2 Claims
on other
entities
2964436.1938309902 3336913.8789139502 4962512.5
5.4.2 Securities 1486978.94718961
1421836.35467398
1475463.2
5.4.2.1 Debt
securities

Short-term
1237655.4985332
1325843.0087158401 1374974.8
5.4.2.1.2 Longterm
249323.448656408
95993.345958142396 100488.43
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
11639318.2386705
13503097.546700999 15862868.
Of which: (by
instrument):

0.1 Equity and
investment
fund shares
868720.08444979205 915258.27295710403 945245.67
0.1.1 Equity
868720.08444979205 915258.27295710403 945245.67
0.1.2
Investment
fund shares

0.2 Debt
instruments
10293229.249701399 12007164.7485992
14403140.
0.2.1 Special
drawing rights
385890.231340984
407049.36523171602 401760.93
0.2.2 Currency
and deposits
7202855.0028791903 8897455.2383045908 11205127.
0.2.3 Debt
securities
1631930.9046163501 1574897.00978006
1626729.4
0.2.4 Loans
1072553.11086485
1127763.1352828201 1169522.8
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

Liabilities
Liabilities
Liabilities
1 Direct
investment
9991427.9058401603 12683308.628172399 15217080.
1.1 Equity and
investment
fund shares
7655931.6328500304 8713433.0275544096 9906319.1
1.1.1 Direct
investor in
direct
investment
enterprises
7655588.8952570204 8713042.9481746592 9905875.7
1.1.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.1.3 Between
fellow
enterprises
342.73759300943101 390.07937974508002 443.48201
1.1.3.1 if
ultimate
controlling
parent is
resident

1.1.3.2 if
ultimate
controlling
parent is
nonresident
342.73759300943101 390.07937974508002 443.48201
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
2335496.2729901401 3969875.6006179499 5310760.9
1.2.1 Direct
investor in
direct
investment
enterprises
1307390.7953436801 2222302.3341683098 2972918.4
1.2.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.2.0.1.3
Between fellow
enterprises
1028105.47764645
1747573.26644963
2337842.5
1.2.3.1 if
ultimate
controlling
parent is
resident

1.2.3.2 if
ultimate
controlling
parent is
nonresident
1028105.47764645
1747573.26644963
2337842.5
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
2094331.9246980301 2328382.6289959499 3517886.5
2.1 Equity and
investment
fund shares
489893.36240067799 526130.65087068104 804631.45
2.1.1 Central
bank

2.1.1.9
Monetary
authorities

2.1.2 Deposittaking
corporations,
except the
central bank
45266.146685822598 48614.472140450998 74347.946
2.1.3 General
government

2.1.4 Other
sectors
444627.215714855
477516.17873023002 730283.51
2.1.4.1 Other
financial
corporations
18818.1981764515
20210.175549780401 30908.184
2.1.4.2
Nonfinancial
corporations,
households,
and NPISHs
425809.01753840398 457306.00318045
699375.32
2.1.0.1 Equity
securities other
than
investment
fund shares/
units
425809.01753840398 457306.00318045
699375.32
2.1.0.1.1 Listed 425809.01753840398 457306.00318045
699375.32
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
1604438.56229735
1802251.97812527
2713255.1
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

2.2.2.1 Shortterm

2.2.2.2 Longterm

2.2.3 General
government
1604438.56229735
1802251.97812527
2713255.1
2.2.3.1 Shortterm
1394093.0605765099 1497213.77268941
2289745.5
2.2.3.2 Longterm
210345.50172084701 305038.205435863
423509.59
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
2348598.9191636899 3154136.6571382
3033677.4
4.1 Other
equity

4.2 Currency
and deposits
18033.876577926101 302920.73043153703 131376.02
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
18033.876577926101 302920.73043153703 131376.02
4.2.2.1 Shortterm
18033.876577926101 302920.73043153703 131376.02
4.2.2.2 Longterm

4.2.3 General
government

4.2.3.1 Shortterm

4.2.3.2 Longterm

4.2.4 Other
sectors

4.2.4.0.1
Short-term

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

4.2.4.2.1
Short-term

4.2.4.2.2 Longterm

4.3 Loans
1461306.09162769
1716548.54435783
1918830.6
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
145186.07502769501 262457.820497829
235430.39
4.3.2.1 Shortterm

4.3.2.2 Longterm
145186.07502769501 262457.820497829
235430.39
4.3.3 General
government
684892.4166
817699.11685999995 940524.27
4.3.3.1 Credit
and loans with
the IMF (other
than reserves)

4.3.3.2 Other
short-term

4.3.3.3 Longterm
684892.4166
817699.11685999995 940524.27
4.3.4 Other
sectors
631227.6
636391.60699999996 742876.02
4.3.4.0.1
Short-term

4.3.4.0.2 Longterm
631227.6
636391.60699999996 742876.02
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
631227.6
636391.60699999996 742876.02
4.3.4.2.1
Short-term

4.3.4.2.2 Longterm
631227.6
636391.60699999996 742876.02
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
505514.54162574001 732889.05234883004 583668.37
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
505514.54162574001 732889.05234883004 583668.37
4.5.4.0.1
Short-term
221045.69630932601 320469.63349160599 255220.17
4.5.4.0.2 Longterm
284468.84531641402 412419.41885722301 328448.19
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
505514.54162574001 732889.05234883004 583668.37
4.5.4.2.1
Short-term
221045.69630932601 320469.63349160599 255220.17
4.5.4.2.2 Longterm
284468.84531641402 412419.41885722301 328448.19
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
363744.40933233098 401778.33
399802.39
Total liabilities 14434358.7497019
18165827.914306499 21768644.
Of which: (by
instrument):

0.1 Equity and
investment
fund shares
8145824.9952507
9239563.6784250904 10710950.
0.1.1 Equity
8145824.9952507
9239563.6784250904 10710950.
0.1.2
Investment
fund shares

0.2 Debt
instruments
5783019.2128254399 8193375.1835325798 10474025.
0.2.1 Special
drawing rights
363744.40933233098 401778.33
399802.39
0.2.2 Currency
and deposits
18033.876577926101 302920.73043153703 131376.02
0.2.3 Debt
securities
1604438.56229735
1802251.97812527
2713255.1
0.2.4 Loans
3796802.3646178301 5686424.1449757796 7229591.6
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.2.2.2B
International
Investment
Position -
BPM6 (US$'
Million)
2010 1
2011 1
2012 1
Assets
Assets
Assets
Net
International
Investment
Position
-18685.9239940591
-29461.166052338602 -37845.4
1 Direct
investment
12576.428922728101
12507.771198979201 13145.2
1.1 Equity and
investment
fund shares
5405.9976427117299
5382.0713671581798 5650.74
1.1.1 Direct
investor in
direct
investment
enterprises
5405.9976427117299
5382.0713671581798 5650.74
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

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
7170.4312800163998
7125.6998318210599 7494.53
1.2.1 Direct
investor in
direct
investment
enterprises
2926.61255748959
2921.26873298384
3059.42
1.2.2 Direct
investment
enterprises in
direct investor
(reverse
investment)

1.2.0.1.3
Between fellow
enterprises
4243.8187225268102
4204.4310988372199 4435.11
1.2.3.1 if
ultimate
controlling
parent is
resident

1.2.3.2 if
ultimate
controlling
parent is
nonresident
4243.8187225268102
4204.4310988372199 4435.11
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
1370.7909779363299
1368.0340121260999 1375.91
2.1 Equity and
investment
fund shares
401.73122779096502
400.92997207933303 406.575
2.1.1 Central
bank

4.76129
2.1.1.9
Monetary
authorities

2.1.2 Deposittaking
corporations,
except the
central bank
20.086561389548201
20.046498603966601 20.0907
2.1.3 General
government

2.1.4 Other
sectors
381.64466640141598
380.88347347536597 381.723
2.1.4.1 Other
financial
corporations

2.1.4.2
Nonfinancial
corporations,
households,
and NPISHs
381.64466640141598
380.88347347536597 381.723
2.1.0.1 Equity
securities other
than
investment
fund shares/
units
381.64466640141598
380.88347347536597 381.723
2.1.0.1.1 Listed 381.64466640141598
380.88347347536597 381.723
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
969.05975014536398
967.10404004676604 969.344
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
7.1783797740235203E-2 1.06388213213483E-2 1.07856
2.2.2.1 Shortterm

2.2.2.2 Longterm
7.1783797740235203E-2 1.06388213213483E-2 1.07856
2.2.3 General
government

2.2.3.1 Shortterm

2.2.3.2 Longterm

2.2.4 Other
sectors
968.98796634762402
967.09340122544495 969.333
2.2.4.0.1
Short-term

2.2.4.0.2 Longterm
968.98796634762402
967.09340122544495 969.333
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
968.98796634762402
967.09340122544495 969.333
2.2.4.2.1
Short-term

2.2.4.2.2 Longterm
968.98796634762402
967.09340122544495 969.333
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
31526.859965019099
38802.883004892799 43300.8
4.1 Other
equity

4.2 Currency
and deposits
28335.464694800099
35133.927852241002 40003.9
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
8604.3504402436702
10761.477913917601 12851.3
4.2.2.1 Shortterm
8604.3504402436702
10761.477913917601 12851.3
4.2.2.2 Longterm
4.2.3 General
government
4491.4851340448704
5177.4183536872697 4984.28
4.2.3.1 Shortterm
4491.4851340448704
5177.4183536872697 4984.28
4.2.3.2 Longterm
4.2.4 Other
sectors
15239.629120511499
19195.031584636199 22168.3
4.2.4.0.1
Short-term
15239.629120511499
19195.031584636199 22168.3
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
15239.629120511499
19195.031584636199 22168.3
4.2.4.2.1
Short-term
15239.629120511499
19195.031584636199 22168.3
4.2.4.2.2 Longterm

4.3 Loans

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

4.3.2.1 Shortterm

4.3.2.2 Longterm

4.3.3 General
government

4.3.3.1 Credit
and loans with
the IMF (other
than reserves)
4.3.3.2 Other
short-term
4.3.3.3 Longterm
4.3.4 Other
sectors

4.3.4.0.1
Short-term
4.3.4.0.2 Longterm

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

4.3.4.2.1
Short-term
4.3.4.2.2 Longterm
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
3191.39527021905
3668.9551526517698 3296.90
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
1436.12787159857
1651.0298186933001 1483.60
4.5.2.1 Shortterm
1436.12787159857
1651.0298186933001 1483.60
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

Short-term
1755.26739862048
2017.92533395847
1813.29
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

Short-term
1755.26739862048
2017.92533395847
1813.29
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
5 Reserve
assets
32339.252389099998
32639.7770781
43830.4
5.1 Monetary
gold

5.1.1 Gold
bullion

5.1.2
Unallocated
gold accounts

5.2 Special
drawing rights
2579.8250524199998
2571.9155934700002 2574.56
5.3 Reserve
position in the
IMF

5.4 Other
reserve assets
29759.427336680001
30067.861484630001 41255.8
5.4.1 Currency
and deposits
19818.399477409999
21084.078670309998 31800.7
5.4.1.1 Claims
on monetary
authorities

5.4.1.2 Claims
on other
entities
19818.399477409999
21084.078670309998 31800.7
5.4.2 Securities 9941.0278592699997
8983.7828143200004 9455.06
5.4.2.1 Debt
securities
9941.0278592699997
8983.7828143200004 9455.06
5.4.2.1.1
Short-term
8274.2044292899991
8377.25494712
8811.11
5.4.2.1.2 Longterm
1666.8234299799999
606.52786719999995 643.950
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
77813.3322547836
85318.465294098103 101652.
Of which: (by
instrument):
0.1 Equity and
investment
fund shares
5807.7288705026904
5783.0013392375204 6057.32
0.1.1 Equity
5807.7288705026904
5783.0013392375204 6057.32
0.1.2
Investment
fund shares
0.2 Debt
instruments
68814.208114061898
75866.508802208904 92298.2
0.2.1 Special
drawing rights
2579.8250524199998
2571.9155934700002 2574.56
0.2.2 Currency
and deposits
48153.864172210102
56218.006522550997 71804.7
0.2.3 Debt
securities
10910.087609415399
9950.8868543667704 10424.4
0.2.4 Loans
7170.4312800163998
7125.6998318210599 7494.53
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

2010 1
2011 1
2012 1
Liabilities
Liabilities
Liabilitie
1 Direct
investment
66796.549711459797
80138.681014818998 97514.1
1.1 Equity and
investment
fund shares
51182.8562164061
55055.273857180699 63481.6
1.1.1 Direct
investor in
direct
investment
enterprises
51180.564883386898
55052.809165364
63478.8
1.1.2 Direct
investment
enterprises in
direct investor
(reverse
investment)
1.1.3 Between
fellow
enterprises
2.2913330191832499
2.4646918166458001 2.84192
1.1.3.1 if
ultimate
controlling
parent is
resident
1.1.3.2 if
ultimate
controlling
parent is
nonresident
2.2913330191832499
2.4646918166458001 2.84192
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
15613.6934950537
25083.407157638299 34032.4
1.2.1 Direct
investor in
direct
investment
enterprises
8740.4117886327294
14041.476329040899 19051.0
1.2.2 Direct
investment
enterprises in
direct investor
(reverse
investment)
1.2.0.1.3
Between fellow
enterprises
6873.2817064210003
11041.9308285974
14981.3
1.2.3.1 if
ultimate
controlling
parent is
resident
1.2.3.2 if
ultimate
controlling
parent is
nonresident
6873.2817064210003
11041.9308285974
14981.3
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
14001.4167983556
14711.737942817799 22543.3
2.1 Equity and
investment
fund shares
3275.1261024246401
3324.3231429842099 5156.24
2.1.1 Central
bank

2.1.1.9
Monetary
authorities

2.1.2 Deposittaking
corporations,
except the
central bank
302.62165186403701
307.16745841174099 476.436
2.1.3 General
government

2.1.4 Other
sectors
2972.5044505606002
3017.1556845724699 4679.80
2.1.4.1 Other
financial
corporations

Nonfinancial
corporations,
households,
and NPISHs
2846.6975366921001
2889.4589723723202 4481.73
2.1.0.1 Equity
securities other
than
investment
fund shares/
units
2846.6975366921001
2889.4589723723202 4481.73
2.1.0.1.1 Listed 2846.6975366921001
2889.4589723723202 4481.73
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
10726.290695931
11387.414799833599 17387.0
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

2.2.2.1 Shortterm

2.2.2.2 Longterm

2.2.3 General
government
10726.290695931
11387.414799833599 17387.0
2.2.3.1 Shortterm
9320.0498768318394
9460.0502485635498 14673.1
2.2.3.2 Longterm
1406.24081909913
1927.36455127008
2713.93
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
15701.289739027199
19929.212388799901 19440.4
4.1 Other
equity
4.2 Currency
and deposits
120.563421432853
1913.9854197750501 841.884
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
120.563421432853
1913.9854197750501 841.884
4.2.2.1 Shortterm
120.563421432853
1913.9854197750501 841.884
4.2.2.2 Longterm
4.2.3 General
government

4.2.3.1 Shortterm
4.2.3.2 Longterm
4.2.4 Other
sectors

4.2.4.0.1
Short-term

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

4.2.4.2.1
Short-term

4.2.4.2.2 Longterm

4.3 Loans
9769.3949166178299
10845.903090080899 12296.2
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
970.62491661782701
1658.3230900808701 1508.68
4.3.2.1 Shortterm
4.3.2.2 Longterm
970.62491661782701
1658.3230900808701 1508.68
4.3.3 General
government
4578.7700000000004
5166.58
6027.07
4.3.3.1 Credit
and loans with
the IMF (other
than reserves)
4.3.3.2 Other
short-term
4.3.3.3 Longterm
4578.7700000000004
5166.58
6027.07
4.3.4 Other
sectors

4760.5
4.3.4.0.1
Short-term
4.3.4.0.2 Longterm

4760.5
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

4760.5
4.3.4.2.1
Short-term
4.3.4.2.2 Longterm

4760.5
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
3379.5597113634199
4630.7129872230398 3740.26
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
3379.5597113634199
4630.7129872230398 3740.26
4.5.4.0.1
Short-term
1477.77574748847
2024.86705056396
1635.50
4.5.4.0.2 Longterm
1901.7839638749499
2605.8459366590901 2104.76
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
3379.5597113634199
4630.7129872230398 3740.26
4.5.4.2.1
Short-term
1477.77574748847
2024.86705056396
1635.50
4.5.4.2.2 Longterm
1901.7839638749499
2605.8459366590901 2104.76
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
2431.7716896131201
2538.6108917209499 2562.01
Total liabilities 96499.256248842707
114779.631346437
139497.
Of which: (by
instrument):
0.1 Equity and
investment
fund shares
54457.982318830698
58379.597000164897 68637.9
0.1.1 Equity
54457.982318830698
58379.597000164897 68637.9
0.1.2
Investment
fund shares

0.2 Debt
instruments
38661.7142186485
51769.321359048801 67119.6
0.2.1 Special
drawing rights
2431.7716896131201
2538.6108917209499 2562.01
0.2.2 Currency
and deposits
120.563421432853
1913.9854197750501 841.884
0.2.3 Debt
securities
10726.290695931
11387.414799833599 17387.0
0.2.4 Loans
25383.088411671601
35929.310247719201 46328.6
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 4769.7824035000003 4540.12131175000

3386.7689559999999 3960.7350058112502 3770.02887948993

4003.7532310000001 4682.2814850000004 4428.32000700000

4109.6457246600003 5517.3574887000004 4109.64572443

8365.6910475000004 1016.36236561
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 47295.85
47884.12

40667.561941439999 36923.612664859997 37399.21900202

32385.714043520002 29566.985893339999 29357.21324791

27607.84801867
27811.819311750001 27336.3794359300

28592.979616029999 29990.358372399998 29996.3839294200

41150.280224269998 45276.578864800002 46730.5364065399

42515.659635199998 42328.960531390003 44793.0834570399

36730.573253839997 36599.889950379998 33689.0533142400

35440.875148500003 34461.458374889997 35137.8395044200

39319.721513949997 39668.534243590002 39275.4457653299

36395.493024670002 36048.402935300001 35144.2871204499

32260.925488239998 33677.443885890003 32292.1923614000
Source:
Central
Bank of
Nigeria
Return to
Menu
Table
D.3.2:
External
Reserves
Adequacy
- Months
of Import
Cover
Year

January
15.7383842563824
19.644548828834399 8.979609852963
February
18.9843229492269
20.395038793456301 10.47961856947
March
20.834805193454599 18.3369261427436
8.679034179959
April
15.965502773035
19.401204938999999 11.33212124424
May
15.1851647304062
16.8679660669948
9.925777942641
June
13.664057119721701 14.7089107783126
9.308188862473
July
14.0554282919929
13.173435754245499 9.631110958709
August
17.4066733633186
12.8496238140445
8.554396970654
September 17.8215090111484
16.7050012351459
6.656658140092
October
14.9728163611456
14.9855049119273
8.911897187480
November 16.0377673512541
14.588039326673799 7.636644000114
December 19.335483053638999 14.5740125068816
8.400363369666
Average
16.666826204560401 16.352517758188402 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

157.30124761904801
157.29942
157.3115

157.29162857142899
157.3075
157.3007666

169.68
179.74
197.07

305.20238095238102
305.3125
306.4021739

305.77727272727299
305.89499999999998
305.7428571

306.84545454545503
306.76818181818197
306.9238095

306.959090909091
306.95499999999998
326.625

415.96
416.95
415.7217391

460.99285714285702
460.83499999999998
460.9734782

944.08360454545402
1505.30276190476
1511.343049
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.
The I & E
exchange
rate became
the
reference
official
exchange
rate in May

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

126.571818181818
126.98444444444399 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

116.89176590909101 116.875385714286
116.83654166

142.37125
145.90588750000001 146.42745238

147.822
148.23736842105299 147.83500000

149.54499999999999 149.93469999999999 150.48259999

156.318571428571
155.83000000000001 155.52727272

155.24380952381
155.24199999999999 155.25399999

155.23428571428599 155.25
155.24333333

167.5
178.15
196.58

196.5
196.5
196.5

304.70238095238102 304.8125
305.90217391

305.27727272727299 305.39499999999998 305.24047619

306.34545454545503 306.27
306.42380952

306.459090909091
306.45499999999998 326.125

380.5
380.5
408.12782608

415.435
416.45
415.22173913

460.46904761904801 460.33499999999998 460.44739130

943.58444090909097 1504.82052380952
1510.8432
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.
The I & E
exchange rate
became the
reference
official
exchange rate
in May 2021
Return to
Menu
Table
D.4.3A:
Average
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.4.3B:
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
161.104882415004

120.97933280005
182.05777000193399

129.43227183929301 211.199893481922

133.50007626980801 244.52375294410299

131.63914600000001 238.7723115

127.382350690675
234.73625704921301

124.611793315157
249.42309325218801

117.69367934479899 218.24685578597399

147.39583258335199 230.647546723532

148.81266523398401 230.09068432223501

152.329669974783
244.26000961870801

155.94017965367999 247.05827696836801

155.75372515527999 243.673004195066

156.98281673881701 258.57615681816401

192.30156881313101 294.12231111181097

253.49225191946201 339.57528349975098

305.78990082667099 394.11285165671399

306.0829
408.78232500000001

306.92070528310097 391.99381929374402

358.81079999999997 460.66555123764402

402.54140000000001 554.17483059566405

425.98115000000001 526.61294999999996 #DIV/0!

Q1
460.92508281573498 560.12281534368503
Q2
511.127017195767
640.66141736507905
Q3
764.65860431331998 969.12850723426504
Q4
843.91078051188595 1048.64541953714

Q1
1320.2493882395399 1672.5994538304401
Q2
1387.8045998738701 1751.5954278523
Q3
1587.2706677323099 2058.7703763202098
Q4
1620.5313145238099 2078.9379190030199
Source:
Central Bank
of Nigeria
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.4.4:
End Period
Naira Cross
Exchange
Rates -
Selling
Year
US
Pound
Japanese
Dollar
Sterling
Yen

84.575000000000003 130.14400000000001 0.83079999999

79.599999999999994 131.9821
0.70320000000

74.625
124.3402
0.57550000000

84.367900000000006 140.20567500000001 0.64924999999
1999 1
92.528374999999997 146.50710000000001 0.75970000000

109.55
163.03229999999999 0.9546

113.45
164.321
0.8639

126.9
204.55009999999999 1.06939999999

244.01070000000001 1.28180000000

132.85
256.70609999999999 1.29689999999

222.4863
1.09820000000

249.38990000000001 1.06719999999

116.8
234.0205
1.04119999999

131.25
191.20500000000001 1.45059999999

148.1
239.93680000000001 1.6025

148.81266523398401 230.09068432223501 1.69879617956

156.69999999999999 242.3366
2.0259

155.756666666667
250.98633333333299 1.88033333333

155.73750000000001 245.51141625
1.57594314113

262.24799999999999 1.40786055476

291.93430000000001 1.63621262458

375.18049999999999 2.60750619817

413.6508
2.71927486003

392.00830000000002 2.79167045557

405.24
2.82766878511

520.06500000000005 3.69687560644

586.07550000000003 3.77833753148

553.88599999999997 3.49093116794

Q1

570.53359999999998 3.45940267146
Q2
770.88
980.01974399999995 5.33333333333
Q3
769.26
938.80490399999996 5.15037493304
Q4
899.89300000000003 1144.5739067
6.35113981226

Q1
1330.76
1680.8829559999999 8.79550561797
Q2
1470.691
1859.1004931
9.17347180638
Q3
1601.528
2143.6452279999999 11.2041975654
Q4
1535.8176000000001 1925.45452512
9.78664117759
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
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Table
D.4.5A:
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.4.5B
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

306.75
306.85000000000002 306.95

306.95

461.5

1357.383
1544.5809999999999 1330.76
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
92.528374999999997 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

148.81266523398401 230.09068432223501

156.69999999999999 242.3366

155.756666666667
250.98633333333299

155.73750000000001 245.51141625

262.24799999999999

291.93430000000001

375.18049999999999

413.6508

392.00830000000002

405.24

520.06500000000005

586.07550000000003

Q1

546.16639999999995
Q2

501.14699999999999
Q3
435.1
479.9153
Q4

553.88599999999997

Q1

570.53359999999998
Q2
770.88
980.01974399999995
Q3
769.26
938.80490399999996
Q4
899.89300000000003 1144.5739067

Q1
1330.76
1680.8829559999999
Q2
1470.691
1859.1004931
Q3
1601.528
2143.6452279999999
Q4
1535.8176000000001 1925.45452512
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

306.75
306.85000000000002 306.95

306.95

461.5

1357.383
1544.5809999999999 1330.76
Source :
Central
Bank of
Nigeria
Return to Menu
Table D.4.8:
Monthly
Average
Exchange Rate
Movements of
the FOREX
Market (N/US$)
Month
Inter-Bank Rate

January
137.76
133.11000000000001 129.9273
February
136.44
133.15
129.330000
March
134.80000000000001 133.09
128.676099
April
137.22999999999999 133.06
128.5763
May
134.81
133.37
128.569600
June
133.54
134.35
128.5
July
134.38999999999999 135.35
128.4333
August
133.22999999999999 135.94
128.425000
September
133.77000000000001 132.55000000000001 128.388100
October
133.76
131.09
128.4205
November
133.15
130.80000000000001 128.419999
December
133.13999999999999 130.08000000000001 128.3947
Average
134.66833333333301 132.995
128.671741
End-Period
132.66999999999999 130.4
128.5
Source: Central
Bank of Nigeria
Note:Operations
of the InterBank Foreign
Exchange
Market (IFEM)
was stopped
from trading
mid-February
2009 and
reopened for
trading in June

Month
I & E

January
360.53363636363599 363.764090
February
360.35700000000003 361.943636
March
360.20619047618999 360.486666
April
378.107714285714
360.26900000000001 360.442000
May
381.86333144368899 361.19190476190499 360.700476
June
370.460168650794
361.06052631579001 360.627058
July
364.74761904761903 361.811904761905
361.257391
August
362.72608695652201 362.39380952380998 362.995499
September
359.98894736842101 364.21899999999999 362.265238
October
360.43238095238098 363.976
362.353181
November
360.302727272727
363.91380952381002 362.662500
December
360.67944444444402 364.75684210526299 363.57
Average
365.58254061624598 362.04947368421102 361.922311
End-Period
360.33

364.51
Source: Central
Bank of Nigeria
Return to
Menu
Table D.4.9:
Computed
Relative
Purchasing
Power Parity
(RPPP)
Exchange Rate
with
Percentage
Overvaluation/
Undervaluation
Period
Exchange Rates
RPPP
Overvaluatio
Undervaluat
Jan 2000
98.78
95.260900199048294 -3.56256307
Feb 2000
99.91
93.756327152056301 -6.15921614
Mar 2000
100.93
95.113317342954204 -5.76308595
Apr 2000
100.38
95.886760209381293 -4.47623011
May 2000
101.15
97.344696234402207 -3.76204030
Jun 2000
101.83
100.15321338919
-1.64665286
Jul 2000
105.33
103.930866201244
-1.32833361
Aug 2000
102.88
108.387371644447
5.353199498
Sep 2000
102.36
112.516244975481
9.922083797
Oct 2000
102.48
114.291023983123
11.52519904
Nov 2000
102.52
115.986777084349
13.13575603
Dec 2000
106.71
114.343312391263
7.153324328
Jan 2001
110.5
118.208242830228
6.975785366
Feb 2001
110.71
125.31779336430201 13.19464670
Mar 2001
110.66
126.813765337063
14.59765528
Apr 2001
113.7
127.087661460394
11.77454833
May 2001
113.57
135.678286484089
19.46666063
Jun 2001
112.48
134.77263496026001 19.81919893
Jul 2001
111.85
126.43494693690999 13.03973798
Aug 2001
111.7
129.577082577032
16.00455020
Sep 2001
111.6
129.08933851135501 15.67145027
Oct 2001
111.6
129.503962336922
16.04297700
Nov 2001
111.99
130.40140178786899 16.44021947
Dec 2001
112.99
129.06257525364799 14.22477675
Jan 2002
113.96
129.61624492435601 13.73836865
Feb 2002
114.28
133.57613332630899 16.88496090
Mar 2002
116.04
133.32708626388401 14.89752349
Apr 2002
116.13
134.22992869536799 15.58591982
May 2002
116.55
128.841176164752
10.54583969
Jun 2002
118.49
126.91622463726701 7.111338203
Jul 2002
123.72
131.56895147042201 6.344125016
Aug 2002
125.75
140.92187794768
12.06511168
Sep 2002
126.45
138.693716551178
9.682654449
Oct 2002
126.56
136.98858440129001 8.240031922
Nov 2002
126.83
130.70960782058199 3.058903903
Dec 2002
126.88
139.18098817092499 9.694978066
Jan 2003
127.07
139.01517247311801 9.400466257
Feb 2003
127.32
136.97055818358899 7.579766088
Mar 2003
127.16
132.62486792065101 4.297631268
Apr 2003
127.37
130.66779058317701 2.589142328
May 2003
127.67
134.89921658297499 5.662423892
Jun 2003
127.83
135.944889266838
6.348188427
Jul 2003
127.77
142.69624673090999 11.68212157
Aug 2003
127.9
141.297622810928
10.47507647
Sep 2003
128.58000000000001 140.77520155212201 9.48452446
Oct 2003
129.79
148.75181032168999 14.60960807
Nov 2003
136.61000000000001 157.21282403617599 15.08149040
Dec 2003
137.22
162.818488201359
18.65507083
Source: Central
Bank of
Nigeria
Return to
Menu
Table
D.4.10.1:
Bilateral
Real
Exchange
Rate (EndPeriod
Exchange
Rate)
China
India
USA
M1 2008
20.9672324617691
3.0213377032356998 145.527417291
M2 2008
21.472359252611501 3.0080710885532702 145.542883661
M3 2008
21.500242888518301 2.9817447395563699 145.637439602
M4 2008
21.4479035653438
2.9830313926596799 144.324588913
M5 2008
20.957607587357501 2.7981862144092098 142.675780869
M6 2008
20.335980928313798 2.67487011916849
139.031354762
M7 2008
19.926141075732801 2.6710568737788298 136.687309102
M8 2008
19.406822190165901 2.6710583534788599 134.560670743
M9 2008
19.346839005786201 2.5059258635808401 132.873466546
M10 2008
19.3703563277824
2.39515564795665
132.433978135
M11 2008
19.141871629781701 2.3791761307332
129.956222743
M12 2008
22.0957718176859
2.6587582296712
143.613370880
M1 2009
24.683985255661099 2.9190379041313999 157.930939711
M2 2009
24.840967862790599 2.9012514508659599 159.127039015
M3 2009
24.502648497198098 2.7686554459621502 158.309345690
M4 2009
24.4786085753341
2.8598728006274001 158.052056403
M5 2009
24.171801728146999 2.9316754515864698 156.479108999
M6 2009
23.673572893395001 2.9648635612093499 155.072661645
M7 2009
23.191891491278
3.05370664741868
154.739431229
M8 2009
22.832322059569702 3.0902361803023002 154.538358294
M9 2009
22.009714019721802 3.0135681677341801 150.190330996
M10 2009
22.063096787175699 3.1854417914007298 151.433720719
M11 2009
21.940022402758601 3.2165839936438401 149.793100000
M12 2009
21.843075160491502 3.1575085859413501 146.095509022
M1 2010
22.087306398686799 3.2477104575061699 146.033680342
M2 2010
22.241205935416101 3.12241801589547
143.222431878
M3 2010
22.9480395614043
3.2033526152421299 144.893129085
M4 2010
23.260651790040001 3.2291843505036102 143.104108817
M5 2010
24.004813395222801 3.1770106625599102 143.382447618
M6 2010
23.9902776470961
3.0661994009656599 138.895997127
M7 2010
24.691114458701801 3.0892303144389599 137.625900482
M8 2010
25.168818784470901 3.0657314985596198 135.983869963
M9 2010
26.242170562792499 3.11478698612739
135.968212311
M10 2010
27.357109725903701 3.2284521485257098 134.545567480
M11 2010
28.850391624850101 3.2052848079534999 134.706296318
M12 2010
29.834769370500599 3.2169083456340299 133.669951319
M1 2011
19.823513230339302 3.23829323845592
133.718006899
M2 2011
19.9695877065448
3.1579088631071301 133.299317772
M3 2011
19.840890619151299 3.1662312435876201 133.625781424
M4 2011
20.2598809296192
3.2744112957740898 136.420889752
M5 2011
20.2886958478664
3.2394458273976099 136.509741337
M6 2011
19.9736689967012
3.2072152097008702 133.417919899
M7 2011
19.877712251737901 3.2672410784577801 131.923762193
M8 2011
19.824502652960501 3.1780437008645901 130.489872445
M9 2011
20.2106108442254
3.0995079148500602 132.067456291
M10 2011
19.646683033709898 2.9140222533373499 127.475593302
M11 2011
20.439975178069599 2.9494699610541302 132.395839926
M12 2011
20.370854786984101 2.7964960664118199 131.027592824
M1 2012
20.094957506111701 2.79629506185388
127.648987485
M2 2012
19.932289012355302 2.90703465446397
126.982426997
M3 2012
19.642535207563199 2.82523521647482
126.005811825
M4 2012
19.591791677954902 2.78928064563542
125.947990935
M5 2012
19.370654002220999 2.6464369948125199 124.892762125
M6 2012
19.035115351562599 2.5722903226453
123.482808019
M7 2012
18.965797999654299 2.6374721955580598 122.841114576
M8 2012
18.909921010506299 2.6411082129700798 122.673902010
M9 2012
18.7704317608477
2.67212337764713
121.953923941
M10 2012
18.656875703533299 2.7520960450691598 120.802948117
M11 2012
18.645357759295099 2.6619419513756899 119.584663181
M12 2012
18.654521525723499 2.6597241238891498 118.334084719
M1 2013
18.7605994505981
2.6802608090483
117.966559574
M2 2013
18.808445864022801 2.7053839189163802 118.051266200
M3 2013
18.536272802592901 2.66011762351161
117.523424422
M4 2013
18.549219699165601 2.6619864579271102 116.758052409
M5 2013
18.469938445208701 2.6332149679196402 116.176865175
M6 2013
18.4440565085157
2.52163134906831
115.778509893
M7 2013
18.359716121996101 2.4883357238897599 115.216468729
M8 2013
18.400048411618599 2.3769449814699
115.069596408
M9 2013
18.4472144749415
2.3659750822094399 114.329194200
M10 2013
18.385487049357199 2.45415197458578
113.221036890
M11 2013
18.2371054071846
2.4271656911566302 112.135871689
M12 2013
18.203872090487099 2.3985992990959701 111.249881729
M1 2014
18.3267536382623
2.3589416216160202 110.976394077
M2 2014
18.304737376121501 2.3405643659568298 110.839351005
M3 2014
17.9957198349245
2.3819077193405702 110.674072775
M4 2014
17.768649123847599 2.4118448308920599 110.355823180
M5 2014
17.624732035474501 2.4504675357923902 109.885897118
M6 2014
17.492449816744902 2.4330990869666298 109.242221065
M7 2014
17.3485054197061
2.4557751242646901 108.499566038
M8 2014
17.3149705136478
2.43263674266358
107.799597934
M9 2014
17.337651617552702 2.4167775061589398 107.300505828
M10 2014
17.2734727312789
2.38598404007233
106.499635927
M11 2014
18.1413025591091
2.4978562533847701 111.543761037
M12 2014
18.4492391761821
2.46640657093615
112.023319994
M1 2015
18.332248580057101 2.4683598433623799 110.561629879
M2 2015
21.487504520249399 2.8748428955334902 128.714387097
M3 2015
21.022875182292001 2.8279019611685299 127.678254409
M4 2015
20.8765791390122
2.8041315757231802 126.950109922
M5 2015
20.665665094141001 2.7483986374214302 126.214603233
M6 2015
20.4640762760258
2.7512266967343399 125.459618600
M7 2015
20.397670215164201 2.7560677483139702 124.639235034
M8 2015
19.7733856538241
2.7053888540397102 123.726182566
M9 2015
19.4698524936422
2.6546559080279701 122.760491322
M10 2015
19.387874024839
2.7064111799515
122.222840348
M11 2015
19.2150508196804
2.65591075352713
121.165086676
M12 2015
18.8620195004201
2.6006325522012701 119.560067133
M1 2016
18.436408811589601 2.53358668590533
118.730331070
M2 2016
18.387297183942199 2.4440975016163802 116.156649852
M3 2016
18.1299695320598
2.4743124098289702 114.171248429
M4 2016
17.761015485432999 2.4535020930154299 112.891636665
M5 2016
16.9558911443821
2.3875858702806498 110.319278223
M6 2016
23.685119466760199 3.3905307307355299 156.330799133
M7 2016
25.888525905600002 3.7643980271765201 170.482985590
M8 2016
24.9841228104649
3.6461497229343598 165.137060990
M9 2016
24.920675468931101 3.6193656571586499 163.778722555
M10 2016
24.311635847197898 3.5901754073350598 162.520320215
M11 2016
23.7446234982141
3.4708989954699399 161.038808555
M12 2016
23.318093432124101 3.4412788327631598 159.356920302
M1 2017
23.593713524854099 3.4150995510186202 158.855211948
M2 2017
23.260499394453198 3.4300612590803401 157.154054623
M3 2017
22.788435374796599 3.4852582425068399 155.028182417
M4 2017
27.719817554965299 4.2944884394418503 189.319162883
M5 2017
27.5683666832843
4.2205943780275197 186.747058708
M6 2017
26.263356885161699 4.0072840018102402 177.188459400
M7 2017
26.238983053818099 4.0825609423003204 175.624566228
M8 2017
26.036981121158401 3.9923703038871299 170.567406851
M9 2017
25.831509982465501 3.8822061618444099 170.480599543
M10 2017
25.767406799002199 3.9179397654598498 169.286385705
M11 2017
25.6367984369301
3.94924678007939
167.893714366
M12 2017
25.911600486352501 3.94203896673497
166.657413316
M1 2018
26.816300533133901 3.9133241736177999 166.084690823
M2 2018
26.955736603656199 3.7896642829490701 165.761609095
M3 2018
26.494966856031802 3.7611693358683702 164.617100156
M4 2018
25.978028979938902 3.65218524695478
164.044679389
M5 2018
25.436024486872299 3.5700561352170501 163.159861352
M6 2018
24.303726458384901 3.4743145514601901 161.579300578
M7 2018
23.443089569815399 3.59271272386786
160.258806663
M8 2018
23.368065576653699 3.4414917474478299 158.789795661
M9 2018
23.239690535364002 3.3484260122484399 158.212349146
M10 2018
22.789238423887099 3.26630067380089
157.164446950
M11 2018
22.650433360082399 3.4473599010234799 155.632692679
M12 2018
22.795713413585201 3.39415509458125
153.955420998
M1 2019
23.170056886259498 3.3764108313419898 152.711127897
M2 2019
23.170538024422601 3.3255183252715299 151.389583897
M3 2019
22.773281484592399 3.4153006010879601 150.925707373
M4 2019
22.511111016852301 3.3831817257378201 150.284923239
M5 2019
21.746574879775899 3.3699673822227401 148.994910504
M6 2019
21.610327396508499 3.3986041512071901 147.440407424
M7 2019
21.477450638692101 3.40839080242394
146.589073138
M8 2019
20.7263126572904
3.2600225636451001 145.652522367
M9 2019
20.673515485313899 3.2894820916049898 143.983410529
M10 2019
20.9341909761824
3.2831543495413902 142.956778689
M11 2019
20.831224822094601 3.2558053784269498 141.490799965
M12 2019
20.876604838316101 3.2671927668493201 140.821511134
M1 2020
21.132802536318501 3.22344906415218
139.936166357
M2 2020
20.997096444961599 3.1599482982387999 139.710010532
M3 2020
21.427050415909999 3.1804305530601198 145.928950354
M42020
21.2322363620065
3.1611696091931001 144.141115358
M5 2020
20.497961265921699 3.0921995014890999 142.123104412
M6 2020
20.464821961777002 3.1014020432254101 141.249832814
M7 2020
20.543313848463999 3.1537012943813201 141.214206800
M8 2020
20.7428242838808
3.15125893375204
138.497045801
M9 2020
20.6378878575693
3.1165557220302702 136.786955206
M10 2020
20.604922321164
3.01552851652895
134.773758559
M11 2020
20.7258884735027
3.0172503903057701 134.026664937
M12 2020
21.761417653571801 3.1215525221997602 138.787269406
M1 2021
21.028941771651098 2.94004702392454
131.929036413
M2 2021
21.540121451461498 3.0159546727301301 135.980949184
M3 2021
20.877783904938699 2.9477910756807102 134.527362649
M42021
20.9216835722189
2.9215722384617702 134.558922860
M5 2021
21.013063586656699 2.9645423212677802 134.280698312
M6 2021
20.4535689048333
2.8887031129699201 134.159934264
M7 2021
20.330878538969898 2.8861287834667402 133.553259758
M8 2021
20.178839573688698 2.9161364133699101 132.762092141
M9 2021
19.939116575179501 2.84716979820882
131.610415654
M10 2021
20.134215120804701 2.8434298254354702 131.573328450
M11 2021
19.983871296388799 2.8117694219081102 130.331796897
M12 2021
20.766530037143099 2.95032083517262
136.228577604
M1 2022
19.497596891592099 2.7227711467567199 128.222835255
M2 2022
19.696861902362802 2.6993885021599202 128.862916510
M3 2022
19.215797020897298 2.6609838887719399 128.036046000
M42022
18.211230785764201 2.62463540764811
126.219507008
M5 2022
17.5497212112003
2.5790153744826898 125.662804467
M6 2022
17.210682362293401 2.50939843327901
124.530679290
M7 2022
17.393815800156201 2.50476974242935
125.839217216
M8 2022
16.823097939403301 2.4878518306620898 124.767931311
M9 2022
16.3630052854448
2.4417460323213498 124.824304641
M10 2022
15.953802488125801 2.4388135690488002 125.469314963
M11 2022
16.218002951345198 2.4534974641471599 125.019936499
M12 2022
16.795504224344398 2.4385663247076299 126.380091282
M1 2023
17.244981760142402 2.4459470994440502 125.463504689
M2 2023
16.353933262445
2.3737316167718001 123.641169103
M3 2023
16.222592015963301 2.3540486248414201 122.054316560
M42023
15.731474637583601 2.3220247603095201 120.138264240
M5 2023
15.2042775259567
2.30082154318595
119.661556340
M6 2023
24.071768390492601 3.7978469084566799 194.450402580
M7 2023
23.4145183562193
3.7265693184158
186.197640339
M8 2023
22.299307521015901 3.5886509714403099 181.129029347
M9 2023
22.1806719634187
3.5130130536020601 180.605027640
M10 2023
23.327253258481601 3.7202227314961598 190.429301794
M11 2023
26.646546995173502 4.1795944083904697 212.572314837
M12 2023
24.851273408799202 3.8992936133636
198.202425256
M1 2024
36.4382347363387
5.72663607930191
292.724224598
M2 2024
40.523973897468899 6.3415213738435599 324.962321382
M3 2024
33.456838085920502 5.2749496543926497 273.765213843
M4 2024
32.584610099223703 5.1708543143591603 268.519012701
M5 2024
35.575342064793503 5.6911466032696802 293.676106840
M6 2024
34.259838970940699 5.5777635817374902 284.665309621
M7 2024
37.111077102077601 6.0435281608347902 305.374044793
M8 2024
36.804360135079698 5.8483709790366598 296.201606744
M9 2024
36.385199392050701 5.7633353804074696 290.272092060
M10 2024
36.349046618878702 5.9140799801484301 295.320485541
M11 2024
34.432704997375097 5.70294083524439
286.442291935
M12 2024
30.823689244117698 5.0754494223544802 258.194024106
Source:
Central
Bank of
Nigeria
Note: From
April 2017,
the I & E
rate was
adopted for
BRER
compliation.
Return to
Menu
Table
D.4.10.2:
Bilateral
Real
Exchange
Rate
(Average
Exchange
Rate)
China
India
USA
M1 2008
20.9213625698283
3.0147279403966198 145.209047811
M2 2008
21.390837405885101 2.99665066160631
144.990316310
M3 2008
21.298311046563899 2.9537399765116601 144.269602197
M4 2008
21.375662669118
2.97298393694361
143.838474379
M5 2008
20.951097610512701 2.79731702514764
142.631462069
M6 2008
20.326261474254
2.6735916818346399 138.964905601
M7 2008
19.918374077430599 2.6700157241591
136.634029840
M8 2008
19.4009536036395
2.6702506304569802 134.519979849
M9 2008
19.329484868716499 2.5036780451692602 132.754278892
M10 2008
19.367773299912798 2.3948362550819899 132.416318126
M11 2008
19.157115415207102 2.3810708070285802 130.059714440
M12 2008
22.390382108588302 2.6942083394001499 145.528215825
M1 2009
24.791359799194101 2.9317356253164299 158.617934230
M2 2009
25.145939336805
2.9368699878064
161.080634701
M3 2009
24.603551648181799 2.7800569097066701 158.961271616
M4 2009
24.4571331682221
2.8573637963883298 157.913395243
M5 2009
24.274999963200699 2.9441918430311902 157.147175370
M6 2009
23.7250831891301
2.9713146786448101 155.410077492
M7 2009
22.982202659301802 3.0260966450031299 153.340359031
M8 2009
23.253393789275801 3.14722605151406
157.388341474
M9 2009
22.6689705814672
3.10383351998117
154.688979235
M10 2009
22.0028387133727
3.17674180751303
151.020129445
M11 2009
22.1211897176081
3.2431445811591399 151.03
M12 2009
21.875055381643602 3.1621314617098002 146.309405950
M1 2010
22.089025560524501 3.2479632425120699 146.045046849
M2 2010
22.370700238512299 3.14059757621777
144.056311527
M3 2010
22.993542507331
3.2097044423969301 145.180433113
M4 2010
23.304648263254101 3.2352922069842802 143.374783781
M5 2010
24.200056041562501 3.2028508121580299 144.548645748
M6 2010
24.197414424460501 3.09267356987755
140.095252494
M7 2010
24.721384870734902 3.0930175989149
137.794624852
M8 2010
25.154981041084699 3.06404596829571
135.909106426
M9 2010
26.462634722467602 3.14095474895861
137.110500354
M10 2010
27.684515879572398 3.2670898230038401 136.155790460
M11 2010
28.910401591621198 3.21195192836276
134.986490795
M12 2010
30.2245417980781
3.25893522238314
135.416264849
M1 2011
19.903993403048599 3.25144017139792
134.260879808
M2 2011
20.073910054755501 3.1744059722551099 133.995681565
M3 2011
20.1228516903201
3.2112269028121299 135.524752050
M4 2011
20.279662126570599 3.2776083419446298 136.554087400
M5 2011
20.425252201993999 3.2612494423219101 137.428542265
M6 2011
20.2788087198151
3.2562121546896199 135.456158699
M7 2011
19.935972748175299 3.2768171848427201 132.310423584
M8 2011
20.0053166863438
3.2070297949866502 131.680035980
M9 2011
20.282317313860901 3.1105048496727701 132.536026545
M10 2011
20.691144346534799 3.0689381494761299 134.252479014
M11 2011
20.563865899464801 2.9673472802790801 133.198317227
M12 2011
20.8732175425402
2.8654600585719399 134.258845674
M1 2012
20.4356788391846
2.8437078210423601 129.813348030
M2 2012
20.075459100270098 2.9279153675016398 127.894519192
M3 2012
19.661221595574801 2.82792292663652
126.125684004
M4 2012
19.6145906495559
2.7925265320389001 126.094556635
M5 2012
19.512571448862499 2.6658258900433398 125.807778309
M6 2012
19.618933627805301 2.6511839922883
127.270098970
M7 2012
19.439538084784999 2.7033526980540001 125.909520139
M8 2012
19.103637203321
2.6681641391975899 123.930592677
M9 2012
18.8231863114048
2.6796334162875302 122.296677082
M10 2012
18.653625199015
2.7516165596091402 120.781901157
M11 2012
18.676457533738901 2.6663819731408398 119.784126024
M12 2012
18.6547942392985
2.65976300684164
118.335814665
M1 2013
18.720358313397899 2.6745116994192002 117.713523496
M2 2013
18.833853392246901 2.70903850679534
118.210736626
M3 2013
18.662650455157401 2.6782539243950101 118.324682294
M4 2013
18.654460571860799 2.6770895071377301 117.420491020
M5 2013
18.554786494321402 2.6453115514348
116.710563779
M6 2013
18.762092859480301 2.5651125882612802 117.774913167
M7 2013
18.803474382879099 2.5484793299231501 118.001275392
M8 2013
18.8482903472487
2.4348495258246601 117.872796567
M9 2013
18.992806168564901 2.43595076086417
117.710575100
M10 2013
18.674312047044101 2.4927052332772801 114.999671616
M11 2013
18.412522397441201 2.4505118357826898 113.214471427
M12 2013
18.4114275103301
2.4259474523945799 112.518321531
M1 2014
18.6672328748392
2.40276665786141
113.038142638
M2 2014
19.039277399240401 2.4344874946067798 115.287158028
M3 2014
18.8334670453883
2.4927916720673302 115.826236545
M4 2014
18.3225041144253
2.48702287547935
113.795652679
M5 2014
18.137123132394699 2.5217082074862698 113.080530389
M6 2014
18.1077599981842
2.5186851916200901 113.084898995
M7 2014
17.895882276237899 2.5332592899232602 111.922924417
M8 2014
17.8326671861352
2.5053696385154698 111.022675508
M9 2014
17.957335651814901 2.5031582033817599 111.135650968
M10 2014
18.077472262974698 2.49704046055564
111.456696892
M11 2014
18.625723779559401 2.5645556852933402 114.522277308
M12 2014
19.607209456865402 2.6212110852010602 119.054486648
M1 2015
19.6395341046839
2.6443803178124301 118.445857375
M2 2015
21.105504439889501 2.8237345773906699 126.426131326
M3 2015
21.030345239463401 2.8289067994288399 127.723622317
M4 2015
20.8765791390122
2.8041315757231802 126.950109922
M5 2015
20.665665094141001 2.7483986374214302 126.214603233
M6 2015
20.460959128078098 2.75080762183766
125.440508224
M7 2015
20.394563970968999 2.7556480425654999 124.620254440
M8 2015
19.7733856538241
2.7053888540397102 123.726182566
M9 2015
19.474795335097799 2.65532984961416
122.791656717
M10 2015
19.386889868797098 2.7062737986733301 122.216636143
M11 2015
19.2140754363901
2.6557759357223798 121.158936164
M12 2015
18.861062037501299 2.60050054039659
119.553998094
M1 2016
18.442755673518501 2.5570934117600999 118.730331070
M2 2016
18.397656097968898 2.4576484873992901 116.156649852
M3 2016
18.019103539602501 2.4488777562831201 114.171248429
M4 2016
17.7770939877675
2.4552763913520601 112.891636665
M5 2016
17.101016174195799 2.39815828512591
110.319278223
M6 2016
19.5400089479553
2.7898331882634899 128.025533594
M7 2016
24.270393198207302 3.5335911693514102 160.444642381
M8 2016
25.401393959655898 3.6928913101670102 167.150006210
M9 2016
24.9106891508548
3.6148915947655098 163.767991763
M10 2016
24.4033765456678
3.5985093952148102 162.632219452
M11 2016
23.940104925175898 3.5191846775046498 161.133847852
M12 2016
23.428726963460701 3.4465133529967802 159.471866277
M1 2017
23.529424830342101 3.4011054250137001 158.829191439
M2 2017
23.232961780654598 3.4106568749623198 157.056315603
M3 2017
22.771551662960999 3.4308988557675502 155.053484879
M4 2017
27.676515591761898 4.2647090999605402 188.855649349
M5 2017
27.422331293482301 4.2436761807732903 187.416173392
M6 2017
26.450105533926099 4.0697870918937999 179.132372428
M72017
25.842756369265398 4.0240245299409398 174.129179020
M8 2017
25.961939807682899 4.0292523665867099 172.016704339
M9 2017
26.114947311491701 3.9327940943259398 170.286158646
M10 2017
25.7816997408014
3.89517408852827
169.099839433
M11 2017
25.542200389673599 3.9193237726299501 167.732048186
M12 2017
25.614366539922901 3.9265128405105201 166.819036016
M1 2018
26.300407701679301 3.9222599788068302 166.330882019
M2 2018
26.8697248847105
3.8309690682061901 165.691260073
M3 2018
26.3106211677812
3.76255104174566
164.619929302
M4 2018
26.130145062994099 3.7133427399038199 163.935015947
M5 2018
25.5623396667471
3.5676620027793402 163.260163179
M6 2018
24.883899304941799 3.51187929728043
161.463266103
M7 2018
23.794958481952701 3.5823627868095702 159.998741980
M8 2018
23.282689173860401 3.5073480247067699 158.681995817
M9 2018
23.343099545436299 3.36658910724862
158.342337859
M10 2018
22.932860692572799 3.28626414534958
157.352937072
M11 2018
22.647037461387502 3.3402528988877398 155.553106507
M12 2018
22.735198430763202 3.3650286680267998 154.275530737
M1 2019
22.9390371326527
3.3976082951371902 153.019928411
M2 2019
23.0685569292677
3.3330642906139998 151.789513569
M3 2019
22.793243316955401 3.3983700108291002 150.844807489
M4 2019
22.581222115542399 3.4013573379559499 150.206578216
M5 2019
21.849385939600399 3.3711762624784001 148.978586153
M6 2019
21.495334630149301 3.37205505142642
147.394246496
M7 2019
21.470843563409499 3.4068125861137002 146.417789636
M8 2019
20.958946612751699 3.2887003862524802 145.678809089
M9 2019
20.7142469020412
3.2598867188386902 143.997417379
M10 2019
20.782656971174401 3.2697584888149902 142.835834171
M11 2019
20.854529584773498 3.2503935616767001 141.431770275
M12 2019
20.7232675005394
3.2624930979209998 140.458359998
M1 2020
21.117707341247101 3.22548629006367
139.641171703
M2 2020
20.9734304494838
3.1869102240881002 139.533866905
M3 2020
20.952231489255201 3.0884960856926198 141.193799270
M4 2020
21.051017128803402 3.1055330622980999 143.281590685
M5 2020
20.594711878827901 3.1125660855400699 142.090812718
M6 2020
20.4283921289266
3.0923526175154299 141.210328456
M7 2020
20.384184327925102 3.1301051378527101 140.572249444
M8 2020
20.555010484049799 3.1105514266224699 138.708235298
M9 2020
20.6373227284056
3.1300748862387899 136.791948606
M10 2020
20.587358665162299 3.0358545873392302 134.737414717
M11 2020
20.475753860459399 2.9744717256928102 132.881054018
M12 2020
20.918636400780301 2.9828717842779602 133.601786205
M1 2021
21.000189838401699 2.9330188614978701 131.894391359
M2 2021
21.3498055633085
2.9797354860456502 133.841880188
M3 2021
21.071772821772999 2.9809740218601299 134.724144752
M4 2021
20.7993604179625
2.9085781061398102 134.675759388
M5 2021
20.872937714690799 2.93967428281828
134.525177804
M6 2021
20.561566253357199 2.9194024104477601 134.149809750
M7 2021
20.2756785431366
2.88109129986579
133.560098623
M8 2021
20.0984917567068
2.8715150718534499 132.563580364
M9 2021
19.951436681131899 2.8690289448335902 131.544916110
M10 2021
20.0560926982537
2.83722076171117
131.492551833
M11 2021
20.0106076632343
2.8461315331435402 130.884478852
M12 2021
19.790085275353398 2.7702740863256001 129.757160937
M1 2022
19.7117878359442
2.7684442999019399 129.452491242
M2 2022
19.601195539466602 2.71650772961971
128.846926511
M3 2022
19.197424042232001 2.6439393951958201 127.951323338
M4 2022
18.668918356306399 2.63678236695874
126.384496260
M5 2022
17.550047778678898 2.5786983490402902 125.667093090
M6 2022
17.2781161422762
2.5192860589742301 125.019332280
M7 2022
17.019756168695899 2.4478082042136902 123.254815887
M8 2022
16.8936284712135
2.4701494273268301 123.621604218
M9 2022
16.533888840363701 2.4845731077613902 124.962298917
M10 2022
16.098462461508198 2.43961020023296
125.426603892
M11 2022
16.1149820005121
2.4442748573819801 124.902531475
M12 2022
16.463900810288099 2.40401153426766
123.827076068
M1 2023
17.119013157685899 2.4387691246943199 125.325632706
M2 2023
16.6462737271106
2.3802614073310702 123.865604703
M3 2023
16.155443258772301 2.35185719863397
122.047294666
M4 2023
15.8404053337444
2.3195932851446699 120.361842568
M5 2023
15.3235063275015
2.2907271901847199 118.636864084
M6 2023
19.330347746482101 3.0010371612112898 154.047666589
M7 2023
23.6691255357286
3.7915244743534999 189.217632092
M8 2023
22.549837464048299 3.6057684630271898 182.228946558
M9 2023
21.985906377714699 3.48037623579767
178.904897284
M10 2023
22.5416108999109
3.5929982927248401 183.842645338
M11 2023
23.2734196452246
3.6666879712453802 188.392716739
M12 2023
24.8083371434887
3.8881036884840499 198.020092120
M1 2024
25.376900967746
3.9810258667098801 203.594815241
M2 2024
39.499672962984
6.1773348104601897 316.698625641
M3 2024
38.114505740182999 6.01790037949187
310.914930771
M4 2024
30.314169679267899 4.8152516392460196 249.716034916
M5 2024
34.485423480990697 5.5030161012483703 284.289776320
M6 2024
34.580737742131397 5.6204703769365896 286.905799254
M7 2024
35.7284048919661
5.86090796563116
295.619008891
M8 2024
36.249304086647598 5.8127307902935597 294.486397087
M9 2024
36.439058757937602 5.8226171267888498 293.296692351
M10 2024
35.795614609334997 5.8142371987721697 290.131531628
M11 2024
34.801259149756703 5.7355191317677701 287.626768447
M12 2024
31.280450044389202 5.1397614642313201 261.204834368
Source:
Central
Bank of
Nigeria
Note: From
April 2017,
the I & E
rate was
adopted for
BRER
compliation.
Return to
Menu
Table D
4.10.3:
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
4.10.4:
Nominal
Effective
Exchange
Rate
Indices for
Nigeria1
(End-Period
Exchange
Rate)
Period
January
February
March

31.011751549699198 31.2455525057096
30.7094706991

28.981104939619001 28.667155400757601 29.7260481626

25.772547069672601 28.0952425999435
28.1062866183

72.126995386603497 68.138156829016395 71.5198139691

76.4115490240887
77.926432704555694 77.7629531493

82.713113820177099 82.074926322644203 80.5643925882

81.496551005037006 82.666666423381997 83.3419305238

95.934451973943197 95.653230233461798 96.2669668489

108.64488115125999 108.566774446672
107.671363957

109.48962689738801 109.769041156988
108.808129812

105.20074134487901 103.98859931067
103.742372415

106.218925227733
106.82388064651801 107.299529436
Table D
4.10.4:
Nominal
Effective
Exchange
Rate
Indices for
Nigeria2
(End-Period
Exchange
Rate)
Period
January
February
March

80.891867499592394 80.836618152351093 82.2665712480

88.624938150607903 87.782365990220597 87.2058775904

98.810874466542003 96.596688816698503 96.7556165758

99.396982424354803 100.362327655313
102.326997008

100.429413726305
101.68266819012101 100.846266999

97.937559355744696 98.078686700892106 96.5737877434

93.981626680427993 93.923347901193694 94.8461962118

93.413563868566499 107.44080170718701 103.690308246

97.763236290626494 97.871312790667503 101.577254604

153.29259183947099 153.32521170117801 154.536573844

196.81720690889401 194.478872997737
194.858735064

183.83783319742301 181.49320691419001 179.842760132

177.18965845774301 175.501435423282
179.124086921

196.625764303408
204.42436862731901 200.074081705

197.80706116534299 200.85542332334401 200.407896806

209.79606074931201 204.67209540914499 208.447579308

604.30898873143701 685.26689479193601 588.455737910
Source:
National
Bureau of
Statistics
Note:
1Indices
are tradeweighted
and
provided at
May 2003
base
period.
2Indices
are tradeweighted
and
provided at
November
2009 base
period.
From April
2017, I & E
rate was
adopted for
compilation
of indices.
Return to
Menu
Table D
4.10.5:
Nominal
Effective
Exchange
Rate
Indices for
Nigeria1
(Average
Exchange
Rate)
Period
January
February
March

80.053953697732197 79.873106272910604 80.8301377759

88.277618084866404 88.132932361420401 86.8710551055

98.012773501048201 96.365090325638107 96.0967206912

98.980798728762394 100.058677682962
102.930010541

101.293852823484
101.57291893658901 100.113918273

96.925739441741101 97.405418776351496 96.4334052254

94.942658508686407 96.889572993198996 98.4459362021

99.281800543541095 104.826108365035
103.107167938

96.998603140552802 97.926312848835096 99.0632244949

150.68735475115599 151.980228266121
152.958294262

192.68207600148401 193.845181938651
193.307016674

181.243031052948
180.02434586796301 178.771116305

176.39360807946099 174.68876230360101 175.119729956

195.410466849801
200.058778862586
200.490290608

199.03117546514301 200.35862831933099 197.206322521

207.22716331706499 205.38670569448601 204.561304954

418.35502308693498 662.72370226710404 666.498769761
Source:
National
Bureau of
Statistics
Note:
1Indices
are tradeweighted
and
provided at
November
2009 base
period.
In April
2017, I & E
rate was
adopted for
compilation
of indices.
Return to
Menu
Table D
4.10.6:
Real
Effective
Exchange
Rate
Indices for
Nigeria1
(End-Period
Exchange
Rate)
Period
January
February
March

17.925723912487399 18.323343945967601 18.3340299370

18.4123206848253
18.351624106434802 19.7250421845

17.2730868451189
18.803354551371399 19.0446812241

53.058847952961003 50.3439512724335
53.0740678636

53.457762451091
55.050761743289897 55.1706506195

65.954432474578695 66.552801699900002 65.6160578333

75.026369721815101 77.128491656166602 77.5131297321

94.590228592839296 92.408281943792502 91.4317540742

127.89845964401199 127.985723588556
122.560207166

137.332961426152
139.336692686741
139.586410294

140.94282132162601 141.201121218514
144.241530881

149.41748589802199 150.755254665633
152.247374857
Table D
4.10.6:
Real
Effective
Exchange
Rate
Indices for
Nigeria2
(End-Period
Exchange
Rate)
Period
January
February
March

95.8262187633282
96.171031267262293 97.8576436910

95.795919298820294 94.641686913849895 93.5536605552

96.801708385512597 93.400325606964202 95.1705324124

89.322328872724697 89.663822546152005 90.6361023652

83.142248446465302 84.304149492396803 82.7679086688

77.255019132493302 77.275206373417006 75.7289356894

70.888854654984996 70.757373038346302 71.1504834981

66.466240380771097 76.353096402162606 73.3723322668

65.296754653842299 64.189174905340593 65.4186145068

88.753917165686303 87.708175510267296 87.0269648025

101.395806931018
99.721122433387194 99.1169381008

87.095424471040303 85.711006543268795 84.5591534816

77.363747007395801 76.192311033143
76.9318674163

74.589745936886601 76.6194219607261
74.1337323396

68.201646378801101 68.600612098852594 68.1959478215

63.074835283865703 60.758173005267601 60.9314459361

144.50198523404401 159.90320253691499 133.575488041
Source:
National
Bureau of
Statistics
Note:
1Indices
are tradeweighted
and
provided at
May 2003
base
period.
2Indices
are tradeweighted
and
provided at
November
2009 base
period.
From April
2017, I & E
rate was
adopted for
compilation
of indices.
Return to
Menu
Table D
4.10.7:
Real
Effective
Exchange
Rate
Indices for
Nigeria1
(Average
Exchange
Rate)
Period
January
February
March

94.895655930703597 95.058217691640394 96.1480549958

95.482630682645393 95.053171040244493 93.1939231657

96.082739218737103 93.208586025995302 94.5213675075

89.006036066273495 89.424261383793194 91.1700400848

83.912625234391101 84.253156091408997 82.1871855443

76.4917594200666
76.779309956376295 75.6534244575

71.646629477816802 73.025092798234596 73.8847376989

70.674150378151097 74.528797181265602 72.9927460177

64.815149556030704 64.254298036158403 63.8284520096

87.285193442438199 86.978184804932098 86.1937156422

99.310476626713495 99.4664112995778
98.3836286830

85.421109737689093 84.590874532790707 83.5955062940

76.622853884326503 75.439601210177301 74.8425075477

74.128724317347405 75.049507998715896 74.2879508128

68.625150894893693 68.432187922146198 67.1075213656

62.302906176119002 60.970706414754801 59.7958358740

100.037441227521
154.64388125863101 151.291715455
Source:
Central
Bank of
Nigeria
Note:
1Indices
are tradeweighted
and
provided at
November
2009 base
period.
From April
2017, I & E
rate was
adopted for
compilation
of indices.
Return to Menu
Table D.5.1:
Sectoral
Utilization of
Foreign
Exchange for
Transactions
Valid for
Foreign
Exchange (US$'
Million)
Category

(A) Imports
4369.6597902399999
4337.5179665899996

1. Industrial
Setor
2913.1901721200002
2304.3297587299999

(i) Raw
Materials
1486.3318212199999
1436.6334569400001

(ii) Machinery,
Spare Parts &
CKD
1426.8583509
867.69630179000001

2. Agricultural
Sector
46.585051450000002
93.345776009999994
82.38
3. Finished
Goods
1310.89886594
1801.4203808300001

(i) Food
663.55987161999997
744.32754594999994
813.1
(ii) General
Merchandise
647.33899431999998
1057.0928348800001

(a) Drug &
Pharmaceuticals
72.818122689999996
96.186120410000001
140.6
(b) Books &
Educational
Materials
37.992400449999998
51.840158279999997
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
9.8620197199999993
17.26
(j) Furniture/
Wood Products
10.291301219999999
14.27266857
6.284
(k) Others
396.42697619
577.15985288000002
674.9
4. Transport
98.936651519999998
137.99452848999999
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
7.7146118100000001
19.254152470000001
17.13
5. Personal
Effects
4.9049210000000003E-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
4.6383516499999997
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
6.5214656800000004
12.33
(ix) Technical
Services Fees
30.620970069999998
21.382846610000001
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
5.0517261800000002
11.52
(xvi) Shipping
Vessels Charter
& Maintenance
Fees
12.940442129999999
5.1780038599999996
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
72.817300869999997
174.24309624
189.8
Total (A+ B)
4783.0110082600004
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)
Category

A. Imports
30148.793156700001
23761.042949589999
23824.98
1. Industrial
Sector
10552.50589511
7378.0856080200001
6174.059
2. Food
Products

Manufactured
Products
6810.4167786199996
6027.5092574999999
5281.140
4. Transport
Sector
1672.0554395700001
1564.0594766900001
1471.882
5. Agricultural
Sector
364.03508298000003
271.72199598999998
314.2300
6. Minerals
302.14445004999999
154.74221347
194.8830
7. Oil Sector
6473.1356678800003
4931.1234444299998
6007.683
B. Invisibles
18176.659245710001
8835.3720996899992
9545.882
1. Business
Services

Communication
Services
839.31638872999997
345.48715919
287.9556
3. Construction
& Related
Engineering
Services
37.413173870000001
42.38529647
133.7660
4. Distribution
Services
66.544015459999997
44.498547930000001
62.62379
5. Educational
Services

Environmental
Services

0.13324578000000001 0.107677
7. Financial
Services
14287.01599706
5882.9528022799996
6625.504
8. Health
Related &
Social Services
7.0083855499999999
4.3274800899999999
0.940223
9. Tourism &
Travel Related
Services

Recreational,
Cultural &
Sporting
Services
0.43529717000000001 0.36969889
0.163139
11. Transport
Services
534.18140650999999
711.99466669000003
787.1524
12. Other
Services not
Included
Elsewhere
103.98613161
112.58054179
64.50257
Total (A + B)
48325.452402410003
32596.41504928
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
...
203.98954577999999 284.98797507
April
267.95936899999998 187.15035019999999 337.7802877600
May
...
149.71564111000001 311.8428172199
June
379.92598292999998 160.97252868999999 171.8290312199
July
...
241.21896785000001 168.7351103100
August
...
196.26084788
231.0045611699
September 436.54714124999998 149.73016455999999 267.2939309299
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
1279.8900000000001 1890.92
2135.54
February
3191.4
2117.85
2094.89
March
3141.31
2064.21
3604.91
April
2622.52
2147.12
2697.838000000
May
3112.08
2984.81
2941.92
June
2103.67
2941.44
2990.66
July
1815.81
2576.36
3041.49
August
3065.53
2399.36
3403.33
September 2460.83
4207.3100000000004 4845.649999999
October
1743.05
2820.79
3323.76
November 1788.96
1841.89
2544.989999999
December 1206.21
2180.2399999999998 2073.510000000
Source:
Central
Bank of
Nigeria
Return to
Menu
Table D.6.1:
Cash Flow
(US$'
Million)
CATEGORY 2004

Inflow
35402.19
51235.97
58715.59
A. Through
the Central
Bank
24971.74
35081.42
36727.1600000
B. Through
Autonomous
Sources
10430.450000000001 16154.55
21988.43
Outflow
15847.16
24843.53
24717.1199999
A. Through
the Central
Bank
15342.24
24309.83
24321.56
B. Through
Autonomous
Sources
504.92
533.70000000000005 395.56
Netflow
through the
CBN
9629.5
10771.59
12405.6
Netflow
through
Autonomous
Sources
9925.5300000000007 15620.85
21592.87
Netflow
19555.03
26392.44
33998.47
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
306.53940640000002
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

Q3
Q4
Q1
Foreign
Direct
Investment
- Equity
340.63979475000002
357.29415485999999
210.1016
Foreign
Direct
Investment
- Other
capital

6.5549999999999997E-2 1.278724
Portfolio
Investment
- Equity
201.11756640999999
176.44482221999999
101.9947
Portfolio
Investment
- Bonds
368.99999996000003
25.39997

Portfolio
Investment
- Money
market
instruments
350.19831289000001
102.30843582999999
211.6104
Other
Investments
- Trade
credits

0.16

Other
Investments
- Loans
561.10015696000005
1048.44773042
369.2833
Other
Investments
- Currency
deposits

2.7519999999999999E-2 3
Other
Investments
- Other
claims
5.9701490000000003E-2 2.8327809400000001

Total
1822.1155324599999
1712.98096427
908.2688
Source:
Central
Bank of
Nigeria
Return to Menu
Table D.7.1.2:
Capital Importation
By Nature of
Business (US$'
Million)

Q1
Q2
Q
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-2 7
Drilling
2.6645809300000001
2.9999750000000001

Electrical

3.3596613999999998

Financing
43.826546749999999
91.999334320000003

Fishing
4.9844380599999996
1.2426600000000001

Hotels

0.5

Marketing
12.133334
0.52693203

It Services

Oil & Gas
1.8288551
63.466956140000001

Production/
Manufacturing
554.37534144999995
69.662653399999996

Servicing
4.9812770200000003
23.727125229999999

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