Nigeria’s economy: growth, inflation, debt and interest rates
The latest checked official figures on Nigeria’s economy: prices, growth, public debt and the cost of borrowing.
Updated November 5, 2026
This page gathers the latest figures on this topic, each checked against its official source, and every Alama Report story on it. It is updated as new data comes out.
Latest figures
- Consumer price inflation, on a year earlier
- 14.63% · September 2026
−0.8 pts from August 2026
Source: NBS, Consumer Price Index September 2026 (Base period 2024=100) - Core inflation, on a year earlier
- 12.95% · September 2026
Source: NBS, Consumer Price Index September 2026 - Real GDP growth, on a year earlier (quarterly)
- 4.43% · Q2 2026
Source: NBS, Nigerian Gross Domestic Product Report Q2 2026 - Central Bank of Nigeria policy rate
- 23.0% · September 2026
−3.5 pts from July 2026
Source: CBN, Key Decisions of the Monetary Policy Committee, September 21-22, 2026 - 364-day Treasury bill, stop rate at auction
- 15.9% · October 14, 2026
Source: CBN, Government Securities Summary - Primary Market (NTB) - Naira per US dollar (official market, end of month)
- 1,329.16 naira per dollar · September 30, 2026
−0.3% from August 31, 2026
Source: CBN, Nigerian Foreign Exchange Market (NFEM) Rates table (JSON feed /api/GetAllNFEM_Rates behind the rates page) - External public debt
- $54.5bn · June 30, 2026
+5.0% from March 31, 2026
Source: DMO, Nigeria's Total Public Debt Portfolio as at June 30, 2026
Figures checked against their source.
Our stories on this topic
- Nigeria's naira closes October 1.3% lower despite late recovery · November 5, 2026
- Nigeria central bank accepts just 11% of bids in bill auction · November 5, 2026
- Naira drops 2.4% in three sessions to weakest official rate since July · October 29, 2026
- Nigeria central bank sells 2.6tn naira in bills at higher yields · October 29, 2026