Nigeria Economic Chart Park

91-Day Treasury Bills

91 Days Treasury Bill Rate (%)

T-bill rate rise in 2016Q2

MPR and Treasury Bill Rate (%)

T-bill mirroring official interest rate

91-Day Treasury Bills: T-bill rate has highly fluctuated overtime on the account of the rise and fall in investor confidence, monetary policy easing/tightening, governments demand for funds, and inflation (to a lesser extent). Particularly, T-bill rate increased at the end of 2016Q1 and 2016Q2, largely, on the account of the rise in MPR.



Capital Importation And Budgetary Allocation (Oil And Gas)

Capital Importation: Investment in the oil and gas sector has remained low since 2009. However, investments into the sector fell more deeply in 2015, on the account of persistent global and domestic c

Gross Federally Collected Revenue

Gross Federally Collected Revenue: Both oil and non-oil components of gross federal revenue fell below N40 billion in 2016, after recording a peak of N90 billion in 2013. The decline was most prominen

Monetary Policy Rate

Monetary Policy Rate: The fluctuations in MPR reflect CBNs intermittent effort to promote growth, stymie inflation or incentivize capital flows. Particularly, the rise in MPR in 2016Q1 was effort to

External Reserve

External Reserve: External reserve picked up from its year-2000 level below $10,000 million to above $60,000 million in 2008. However, the external reserve fell deeply in 2010/11 and even further in 2