Nigeria's Economy,
Told Through Data.
A free, open platform that gathers Nigeria's official economic data — GDP, inflation, exchange rates, reserves and more — into one place: clear charts, full history, and a free public API. Built for students, researchers, developers, analysts and the public.
Latest Economic Readings
From scattered government reports to one open dataset
NPEDATA is a data pipeline, not a re-display of existing sites. The CBN and NBS publish figures in PDF and Excel reports with no public API. Every number here passes through the same seven stages — collected from primary sources, validated, standardized into one schema, stored, analysed, and exposed through both a free API and the dashboard.
Collection is currently manual — most Nigerian agencies publish no API — and the architecture is built to support automated ETL as that changes.
Nigeria's economy contracted in 2020 (COVID-19), recovered through 2021–2022, then faced surging inflation and a dramatic Naira depreciation following the June 2023 FX unification reform. The CBN responded with aggressive MPR hikes from 11.5% to 27.5% between 2022 and 2024.
Nigeria's Economic Story — 2020 to 2026
Dive Into the Data
When the Naira fell, inflation followed
After the June 2023 FX reform, the Naira and consumer prices climbed almost in lockstep — a Pearson correlation of r = 0.96 across 2023–2024 (a still-strong 0.70 over the full 2020–2026 period).
Shown as two aligned panels, each on its own scale — deliberately not forced onto one shared axis, which would distort the comparison. Read them top to bottom: as the Naira weakened (lower panel), inflation rose (upper panel).
COVID-19 contraction (-6.10%, Q2 2020) to recovery (3.97%, Q4 2024).
Peaked at 34.80% in December 2024 — the highest since the 1990s.
Lost over 70% of its value between May 2023 and January 2024.
Raised from 11.5% to 27.5% between 2022 and 2024 to fight inflation.