Nigeria Economic Chart Park

All-Share Index And Market Capitalization

All-Share Index (ASI) (Points)

Stock market underperform post-2014

Market Capitalization (Billion )

Declining investor confidence

All-Share Index: In 2016Q1, the decline in ASI was driven by declines in Banking, Insurance, Consumer goods, Oil/Gas, Lotus Islamic, Industrial, AseM, Pension and Premium NSE indices. However, the ASI increased in 2016Q2 on the account of the rise in all sectoral indices which rose above the levels in the preceding quarter, with the exception of the NSE Oil and Gas index.

Market Capitalization: Market capitalization for all listed securities (equities and bonds) has generally maintained an upward trajectory except during the period surrounding 2009 financial crisis, and post-2015. The poor performance, post-2015, was largely driven by unfavourable macroeconomic developments, currency risk, recovery in developed economies, and the effects of quantitative easing by the US Federal reserve. Particularly in 2016Q1, the weak performance was driven by unfavourable economy policies, low oil price and the attendant impact on FOREX, and delay in the signing of budget.




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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

Money Supply And Lending Rate

Money Supply: On a month-on-month basis, growth in M2 have accelerated overtime; reaching over N20,000 billion by April 2016. The rise in M2 at the end of 2016Q1 reflects the fast-paced rise in aggre

FDI, FPI And Other Investments

FDI, FPI and other Investments: Portfolio investment has continued to fall rapidly since 2014, while FDI inflows remain subdued since 2010

Real GDP Growth Rate

On average, Nigerias GDP growth rate has averaged about 5 percent; attaining an unusual trough of nearly -10 percent in 2003Q4 and a peak of nearly 20 percent in 2004Q4. However, the Nigerian economy