A quick lesson on Inflation and its impacts on the economy
| Lagos Parallel Market Rates (in Naira ₦) | |||
| Date | GBP£ | USD$ | EUR€ |
| 14 Aug 2018 | 467/475 | 357/360 | 409/416 |
| 13 Aug 2018 | 467/474 | 357/360 | 409/415 |
| 10 Aug 2018 | 468/474 | 357/360 | 409/415 |
ECONOMIC CALENDAR
| Date | Description | Prior | Actual |
| 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 | Manufacturing PMI | 56.3 | 56.7 |
| 01 Apr 18 | Non-Manufacturing PMI | 56.1 | 57.2 |
| 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% |
