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Central Bank of Nigeria: Live data

Nigeria Economic Dashboard

Inflation Rate

14.63%

-0.76%

MPR

26.50%

0.00%

Savings Rate

7.46%

0.00%

91-Day T-Bill

15.50%

0.00%

Inflation Rate

No historical data available

Monetary Policy Rate

No historical data available

Savings Rate

No historical data available
Metrics Snapshot
  • Inflation Rate
    Prev: 15.39%
    14.63%
  • MPR (Interest Rate)
    Prev: 26.50%
    26.50%
  • Savings Rate
    Prev: 7.46%
    7.46%
  • 91-Day T-Bill
    Prev: 15.50%
    15.50%
Source:Central Bank of Nigeria·Updated frequently

Understanding Nigeria's Key Economic Indicators

Plus234Feed pulls Nigeria's most important macro indicators directly from the Central Bank of Nigeria (CBN), National Bureau of Statistics (NBS), Debt Management Office (DMO), and Nigerian Exchange Group (NGX) and assembles them into one dashboard. Whether you're a business owner pricing imports, a treasurer managing naira exposure, or a citizen trying to understand where the economy is headed. These numbers are the ground truth.

Monetary Policy Rate (MPR), what it means

The MPR is the benchmark interest rate set by CBN's Monetary Policy Committee. When MPR goes up, commercial banks raise their own lending and deposit rates, making loans more expensive but savings more rewarding. CBN typically raises MPR to fight inflation (cooling consumer spending) and cuts it to stimulate growth.

Inflation Rate, the consumer price index (CPI)

Nigeria's headline inflation tracks the average change in prices Nigerians pay for a basket of goods and services, food, transport, rent, energy, clothing. Food inflation is reported separately because it dominates household budgets. The NBS releases monthly CPI data around the 15th of each month.

Treasury Bills (T-Bills) and bond yields

Nigerian Treasury Bills are short-term government debt instruments (91-day, 182-day, 364-day tenors) issued by CBN through fortnightly auctions. Yields tell you what the federal government is willing to pay to borrow naira short-term.

Where does this data come from?

Exchange rates from CBN and AbokiForex. MPR, prime lending rate, savings deposit rate, and money market data from CBN. Inflation, GDP, unemployment, capital importation, and trade data from the National Bureau of Statistics (NBS). Federal and external debt from the Debt Management Office (DMO). NGX market data from public NGX feeds.

This Week on the Data

Updated Oct 19, 2026

Nigeria's headline inflation eased to 14.63 per cent year-on-year in September 2026, down from 15.39 per cent in August, according to CBN data. Food inflation, the primary driver, held steady at 19.59 per cent, barely changed from 19.57 per cent the prior month. The Central Bank maintained its Monetary Policy Rate at 26.50 per cent in August, keeping borrowing costs elevated as it manages price pressures. The savings deposit rate inched up to 7.46 per cent from 7.36 per cent. On the debt market, the 91-day Treasury bill rate remained flat at 15.5 per cent at the October 7 auction, matching the September 23 close. The T-bill rate sits 1,100 basis points below the MPR, reflecting the wide spread between policy and money market rates. On the parallel market, the naira traded at 1,370 to the US dollar as of October 18, down from stronger levels earlier in the year.

Frequently Asked Questions

What is the current CBN Monetary Policy Rate (MPR)?
The current MPR is shown live at the top of this dashboard, pulled directly from CBN publications. The Monetary Policy Committee (MPC) reviews the MPR bi-monthly; changes are Nigeria's single biggest lever on lending rates, inflation, and the naira.
What is Nigeria's inflation rate right now?
The current headline inflation rate from the NBS (National Bureau of Statistics) is shown on this page and updated monthly when NBS releases the Consumer Price Index (CPI) report. Both year-on-year and month-on-month figures are tracked.
What does the savings deposit rate mean?
This is the average rate Nigerian banks pay on savings accounts, published by the CBN. It's typically well below MPR, meaning savers lose purchasing power to inflation unless they move into higher-yield instruments like NTBs.
What is a 91-day Treasury Bill and what rate does Nigeria pay?
The 91-day NTB (Nigerian Treasury Bill) is the shortest-tenor government debt instrument, auctioned by the CBN. The current stop rate is the risk-free short-term rate in naira. Compare it to MPR to see how tight or loose CBN's liquidity operations are.
How often are these CBN metrics updated?
Inflation updates monthly (NBS CPI release). MPR updates after each MPC meeting (roughly every two months). Savings rate updates monthly. 91-day T-bill rate updates after each auction (typically weekly).