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Central Bank of Nigeria: rates, exchange rates and statistics

The Central Bank of Nigeria sets the Monetary Policy Rate through its Monetary Policy Committee and publishes the official naira exchange rate from the Nigerian Foreign Exchange Market, money market indicators, inflation tables and an annual statistical bulletin.

Release calendar

What it publishes

The Monetary Policy Rate and MPC communiqués.
Daily NFEM exchange rates (weighted average, high, low and closing).
Money market indicators: interbank call rate, Treasury bill rate, deposit rates and prime and maximum lending rates.
Inflation tables republished from NBS.
The Statistical Bulletin with long-run monetary, fiscal and real-sector series.

Key datasets

Exchange rates
Daily NFEM rates; on 13 October 2026 the weighted average was ₦1,332.97 per US dollar.
Updated: Daily
Money market indicators
Monthly MPR, interbank, deposit and lending rates.
Updated: Monthly
Statistical Bulletin
Annual compendium of economic and financial statistics.
Updated: Annual

APIs and downloads

CBN JSON endpoints
The website's data tables load from JSON endpoints such as this one for recent NFEM rates; tables can also be exported to Excel.

When it publishes

Exchange rates update each business day. MPC decisions follow scheduled meetings and are published as communiqués.

How to use it to check a claim

Use the NFEM weighted average when a claim refers to the official rate.
Date every exchange-rate figure: the naira can move several percent in a month.
Check the MPC communiqué for the decision date before comparing monthly tables.

Common mistakes

Monthly money market tables may not reflect a rate decision made late in the month.

What is the official naira exchange rate?

The CBN publishes the NFEM volume-weighted average rate daily and describes it as the official rate for the day.

Questions answered using this source

Links checked 14 October 2026. This page describes what the source publishes and gives no verdict on any claim.