Ghana
Côte d'Ivoire
Senegal
Kenya
Egypt
South Africa
United States
United Kingdom
China
IndiaHouseholds
See how inflation, interest rates and the naira affect savings, rent, school fees and the weekly shop.
Independent economic research · Lagos
Nigeria's economy, checked and explained.
We follow prices, the naira, markets, the federal budget and tax. Every figure is checked against the official release and dated, and all of it is free to use.
8research areas
36 + FCTstates covered
Dailymarket updates
Latest analysis
Briefs, tax alerts and the weekly report. See all publications
Inflation
Headline inflation slows to 14.63% in September
Down from 15.39% in August, according to the National Bureau of Statistics. Food inflation stood at 19.59% year on year.
· 1 min read GrowthGDP grew 4.43% in Q2 2026
Nigeria's real GDP grew 4.43% year on year in the second quarter of 2026, with oil and services leading the pickup.
· 1 min read Monetary policyCBN holds the MPR at 26.5%
The Central Bank of Nigeria's Monetary Policy Committee kept the policy rate at 26.5% in July 2026, unchanged since February's cut, with naira stability in focus.
· 1 min readAbout Eco DataPlace
We are an independent research group based in Lagos. We collect official statistics, check them against other sources and explain what they mean in plain English. Everything we publish is free to use.
Open data
Datasets anyone can search, download and reuse, each with its source and date.
Independent analysis
Briefs and alerts on prices, the budget, tax, markets and the naira. No one pays us to reach a conclusion.
Practical tools
A naira rate board, a currency converter and an income tax calculator, free for anyone.
Research areas
Each page carries the latest official figures and our reading of what changed.
Economy and prices
Growth, inflation, interest rates and jobs, read together.
14.63%Inflation, Sep 2026
Stock market
NGX index moves, sectors, earnings and investor flows.
252,882NGX ASI, 28 Oct
Money markets
The policy rate, Treasury bills, bonds and what savings earn.
23.00%Policy rate, Sep 2026
Exchange rates
Official and parallel rates, reserves and a converter.
₦1,346.86Per US$, 30 Oct
Investment
Foreign money coming into Nigeria and how savings options compare.
$10.37bnCapital imported, Q1 2026
Federal budget
Where federal money comes from and where it goes.
₦68.32tn2026 budget
Taxation
What the 2026 tax laws mean for you and your business.
₦800kTax-free income
Industries
Size, growth and outlook for twelve sectors, from oil to film.
12Sectors tracked
Naira rates today
Official and street rates against ten major currencies, with a converter. See all exchange rates
Naira per unit of the world's ten most traded currencies
As of 30 Oct 2026| Currency | Official (NFEM) | Parallel buy | Parallel sell |
|---|---|---|---|
| USDUS dollar1 $ | ₦1,346.86 | ₦1,375.00 | ₦1,385.00 |
| EUREuro | ₦1,507.54cross | — | |
| JPYJapanese yen | ₦8.53cross | — | |
| GBPBritish pound | ₦1,806.95cross | — | |
| CNYChinese yuan | ₦201.84cross | — | |
| CHFSwiss franc | ₦1,645.12cross | — | |
| AUDAustralian dollar | ₦928.55cross | — | |
| CADCanadian dollar | ₦955.02cross | — | |
| HKDHong Kong dollar | ₦171.76cross | — | |
| SGDSingapore dollar | ₦1,052.15cross | — | |
Ranked by share of global foreign-exchange trading (BIS Triennial Survey, April 2025). Only the US dollar trades in volume at the NFEM; the other rates are indicative crosses.
Parallel premium on the dollar
How far the street sell rate sits above the official window 2.83%
How far the street sell rate sits above the official window 2.83%
0% converged5%10%+ wide
$55.07bnGross external reserves · CBN, 9 Oct 2026
15.80%364-day T-bill stop rate · CBN auction, 28 Oct 2026
₦1,332–1,347NFEM trading range, October 2026
Currency converter
Choose the rate you will actually get.
Datasets and infographics
Download the tables behind our work as CSV or Excel files. Browse all datasets
Dataset · Q1 2025 – Q1 2026
Capital importation into Nigeria, by quarter (US$ billion)
Quarterly totals from the National Bureau of Statistics capital importation reports.
Dataset · 2019–2025Capital importation into Nigeria, by year (US$ billion)
Total foreign capital imported into Nigeria each year, as recorded by the National Bureau of Statistics from banks' certificates of capital importation.
Dataset · January 2016 – November 2026Monetary Policy Rate, monthly (2016–2026)
The CBN's Monetary Policy Rate at the end of each month, built from the dates of each MPC decision. The September 2026 move to…
How we work
The rules we follow on everything we publish. Read our methodology
Sourced
Every figure names its official source and the date it refers to.
Open
Our datasets are free to reuse under CC BY 4.0 with credit.
Independent
Funders and partners do not influence our findings or analysis.
Corrected
When we get something wrong, we fix it and say so.
Who uses our work
Households, firms and government readers use the same figures for very different decisions.
Businesses
Plan for exchange-rate swings and tax changes, size markets by sector and compare yourself with listed companies on the NGX.
Government and policy
Follow budget performance, revenue and spending by ministry and state, with sourced figures ready for briefings.
Nigeria first, then the rest of Africa
We are adding countries one group at a time, with the same methods and standards. Tell us which economy you would like us to cover next.
Live now
Nigeria
- Federal
- 36 states + FCT
- NGX
- CBN & NBS series
Phase 2
West Africa
- Ghana
- Côte d'Ivoire
- Senegal
- ECOWAS
Phase 3
Africa's big markets
- Kenya
- Egypt
- South Africa
- AfCFTA trade
Phase 4
Global
- US
- UK & EU
- China
- India
- 190+ economies
Support our work
Support independent economic research
We work with foundations, development agencies and institutions that value open, well-sourced public information. Funders have no say over what we publish.
Subscribe to the Eco DataPlace Weekly
Every Monday: the figures that moved, what they mean for households and businesses, and the week ahead.