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Macroeconomic indicators: - Foreign Trade - Total Imports - Total Exports - Crude Oil Exports - Barrel per day - Non-Oil Exports - Trade Partner by Share of Foreign Trade -GrossDomesticProducts(GDP) - Oil & Non-Oil Sector GDP -FPIContributiontoGDP -Inflation -FoodInflation -CoreInflation -CapitalImportation -CapitalImportationbyCountry -CapitalImportationbySector -CapitalImportationbyBanks -ForeignPortfolioInvestment(FPI)

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- Unemployment -LabourForcePopulation - Foreign Reserves - Foreign Exchange Rate - Total Debt Stock - Foreign Debt -DomesticDebt - States with the most External Debt - Payment Channel: - ATM - Cheque - Mobile - POS - Remita - Web

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MacroEconomic Indicator:Foreign Trade

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MacroEconomic Indicator:TOtal Imports

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MacroEconomic Indicator:Total Exports

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MacroEconomic Indicator:Crude Oil Export

Value of crude oil exports grew by 4.2% in Q2 2018.

Crude oil exports accounted for 83.54% of Nigeria’s total export.

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MacroEconomic Indicator:Barrels Per Day

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MacroEconomic Indicator:Non-Oil Exports

The share of non-oil exports to the total exports was N218.42 Billion.

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MacroEconomic Indicator:Trade Partner BY Share of Foreign TradeExport Import

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MacroEconomic Indicator:

Gross Domestic Products

While the aggregate real GDP for Q2 went up, the growth percent-age dropped.= N1 trillion

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MacroEconomic Indicator:

Oil & Non-Oil Sector GDP

The non-oil sector growth was mainly from the Information & Communication Technology (ICT), Transportation, and Construction.

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MacroEconomic Indicator:

FPI Contribution to Real GDP

75%75%

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MacroEconomic Indicator:INflation

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MacroEconomic Indicator:Food Inflation

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MacroEconomic Indicator:Core Inflation

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MacroEconomic Indicator:Capital Importation

Capital importation declined by 12.5%.

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MacroEconomic Indicator:Capital Importation by Country

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MacroEconomic Indicator:Capital Importation by Sector

Other sectors include production financing and agriculture.

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MacroEconomic Indicator:Capital Importation by Banks (Q2 2018)

Standard Chartered Bank, CitiBank, Access Bank, Zenith Bank, Guaran-ty Trust Bank, Stanbic IBTC Bank accounted for 90% of the total capital importation in Q2 2018.

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MacroEconomic Indicator:Foreign Portfolio investment (FPI)

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MacroEconomic Indicator:Unemployment rate

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MacroEconomic Indicator:Labour force Population

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MacroEconomic Indicator:Foreign Reserves

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MacroEconomic Indicator:Foreign Exchange Rate

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MacroEconomic Indicator:TOtal Debt Stock

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MacroEconomic Indicator:Foreign Debt

Nigeria’s Federal Government accounted for $17.83 billion, while the FCT and other States account for the remaining $4.25 billion.

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MacroEconomic Indicator:Domestic Debt

Domestic debt grew by 24.24% from Q1 2018 to Q2 2018.

Nigeria’s Federal Government accouted for N12.15 trillion, while the FCT and States accounted for the remaining N3.48 trillion.

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MacroEconomic Indicator:States with the Most External Debt

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MacroEconomic Indicator:Payment Channel: ATM

N1.56Trillion

N1.60Trillion

Q1 2018 Q2 2018

0.02%

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MacroEconomic Indicator:Payment Channel: Cheque

N1.31Trillion

N1.27Trillion

Q1 2018 Q2 2018

-0.03%

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MacroEconomic Indicator:Payment Channel: Mobile

N 329.1Billion

N 410.5Billion

Q1 2018 Q2 2018

0.25%

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MacroEconomic Indicator:Payment Channel: POS

N 474.7Billion

N 543.6Billion

Q1 2018 Q2 2018

0.15%

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MacroEconomic Indicator:Payment Channel: Remita

N5.32Trillion

N3.99Trillion

Q1 2018 Q2 2018

-0.25%

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MacroEconomic Indicator:Payment Channel: WEB

N60.7Billion

N53.2Billion

Q1 2018 Q2 2018

-0.12%

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Data Source

Disclaimer

Central Bank of Nigeria (CBN) - https://www.dmo.gov.ng/Debt Management Office (DMO) - https://www.dmo.gov.ng/National Bureau of Statistics (NBS) - http://www.nigerianstat.gov.ng/Nigeria Inter-Bank Settlement System Plc (NIBSS) - https://nibss-plc.com.ng/

All data represented in this report was obtained from the applicable official sources. Nairametrics cannot guarantee its reliability or accuracy and as such cannot be held liable for any loss incurred as a result of its usage. Kindly conduct your independent research to confirm the validity of any of the data shared here.

CreditAlfred Akuki - Managing Editor; Onome Ohwovoriole - Lead Analyst; Dennis Adesanoye - Lead, Data & Research; Victor - Lead, Strategy; Fikayo Owoeye - Analyst; Emmanuel Abara Benson - Analyst.

ContactsNairametrics Financial Advocates Limited7, Joseph Street, Off Opebi Link Road, Opebi, Ikeja, Lagos.outreach@nairametrics.com08051040390

October 2018

MacroEconomicReport