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BUSINESS, ECONOMY

Economic & Business Reviews | Indicators

Index-Copy-2Inflation Rate – 9.2% (July, 2015)

Prime Lending Rate – 17.30%(July,2015)
External Reserve – US$ $31.3bn (As at 3rd September, 2015)

Interest Rate (Loans) – Hovers between 18% and 28%
Liquidity Ratio – 30% (As at 2nd June, 2015)
Treasury Bill Rate (91 days) – 10% (As at 4th September, 2015
Currency in Circulation – N1,574,525 (31st July, 2015)
Cash Reserve Requirement for – 31% (June 2015)
Public Sector deposits
Cash Reserve Requirement for – 31% (June 2015)
Private Sector deposits
External debt stood at – N2.03tn or US$ 10.32bn(As at June.2015)
Local debt stood at – N8.39tn or US$42.63bn (As at June.2015)
Bank Credit to Private Sector – N 18,897,310.39 as at (July 2015)
Demand Deposits at Banks – 5,286,518.21 (July 2015)
Nigeria’s Merchandise Trade – N4.37tn (As at June 2015)
CRUDE OIL:

Source: CBN, NBS AND DMO

Compiled By:
Research & Economic Matters Department

NACCIMA 4th September, 2015

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