What is wrong with importing toothpicks?
Nigeria's protectionism policies hurt more than they help
| Lagos Parallel Market Rates (in Naira ₦) | |||
| Date | GBP£ | USD$ | EUR€ |
| 16 May 2019 | 468/472 | 358/361 | 400/403 |
| 15 May 2019 | 469/473 | 358/361 | 400/403 |
| 14 May 2019 | 468/471 | 358/360 | 398/402 |
ECONOMIC CALENDAR
| Date | Description | Prior | Actual |
| 05 Apr 19 | Nigeria's 2018 Public Debt | N22.4 trn | N24.4 trn |
| 05 Apr 19 | Nigeria's 2018 Public Debt | $73.2 bn | $79.4 bn |
| 01 Apr 19 | Nigeria Debt-Servicing Ratio Q3'18 | 53% | 62% |
| 29 Mar 19 | External Reserves | $42.30 bn | $44.43 bn |
| 26 Mar 19 | Monetary Policy Rate | 14% | 13.50% |
| 15 Mar 19 | February 2019 Inflation | 11.37% | 11.31% |
| 28 Feb 19 | External Reserves | $43.23 bn | $42.30 bn |
| 14 Feb 19 | January 2019 Inflation | 11.44% | 11.37% |
| 12 Feb 19 | Q4'18 Grosss Domestic Product Growth | 1.80% | 2.40% |
| 16 Jan 19 | December 2018 Inflation | 11.28% | 11.44% |
| 31 Dec 18 | External Reserves | $41.99 bn | $43.23 bn |
| 14 Dec 18 | November 2018 Inflation | 11.26% | 11.28% |
| 30 Nov 18 | External Reserves | $42.13 bn | $41.99 bn |
| 22 Nov 18 | Monetary Policy Rate | 14.00% | 14.00% |
| 21 Nov 18 | October 2018 Inflation | 11.28% | 11.26% |
| 31 Oct 18 | External Reserves | $45.9 bn | $42.13 bn |
| 16 Oct 18 | September 2018 Inflation | 11.23% | 11.28% |
| 12 Oct 18 | Q3'18 Grosss Domestic Product Growth | 1.50% | 1.80% |
| 14 Sep 18 | August 2018 Inflation | 11.14% | 11.23% |
| 31 Aug 18 | External Reserves | $47.6 bn | $45.9 bn |
| 27 Aug 18 | Q2'18 Grosss Domestic Product Growth | 1.95% | 1.50% |
| 15 Aug 18 | July 2018 Inflation | 11.23% | 11.14% |
| 23 Jul 18 | June 2018 Inflation | 11.61% | 11.23% |
| 22 Jul 18 | Monetary Policy Rate | 14.00% | 14.00% |
| 29 Jun 18 | External Reserves | $47.4 bn | $47.6 bn |
| 13 Jun 18 | May 2018 Inflation | 12.48% | 11.61% |
| 22 May 18 | Monetary Policy Rate | 14.00% | 14.00% |
| 21 May 18 | Q1'18 Grosss Domestic Product Growth | 2.11% | 1.95% |
| 15 May 18 | April 2018 Inflation | 13.34% | 12.48% |
| 12 Apr 18 | March 2018 Inflation | 14.33% | 13.34% |
| 01 Apr 18 | Non-Manufacturing PMI | 56.1 | 57.2 |
| 01 Apr 18 | Manufacturing PMI | 56.3 | 56.7 |
| 14 Mar 18 | February 2018 Inflation | 15.10% | 14.33% |
| 12 Mar 18 | External Reserves | $42 bn | $44 bn |
| 03 Mar 18 | Q4'17 Current Account Balance | N1.09 trn | N1.80 trn |
| 01 Mar 18 | Q4'17 Capital Imports | $4.15 bn | $5.38 bn |
| 27 Feb 18 | FY'17 GDP Growth | -1.58% | 0.83% |
| 27 Feb 18 | Q4'17 GDP Growth | 1.40% | 1.92% |
| 23 Feb 18 | External Reserves | $41 bn | $42 bn |
| 15 Feb 18 | January 2018 Inflation | 15.40% | 15.10% |
| 01 Feb 18 | Manufacturing PMI | 59.3 | 63.2 |
| 01 Feb 18 | Non-Manufacturing PMI | 62.1 | 58.5 |
| 22 Jan 18 | Monetary Policy Rate | 14.00% | 14.00% |
| 18 Jan 18 | External Reserves | $39 bn | $41 bn |
| 18 Jan 18 | Nigeria Oil Production (OPEC) | 1.79 mb/d | 1.86 mb/d |
| 16 Jan 18 | December Inflation | 15.90% | 15.37% |
