afrirefCountries › Nigeria

Nigeria government reference data

12 series, each cited to the official source it was verified against. Currency NGN.

SeriesCurrentIn force fromOfficial sourceLast verified
CBN monetary policy rate 26.5 percent 2026-02-24 Central Bank of Nigeria — 306th MPC Communiqué (20-21 July 2026)… 2026-09-14
Statutory late-payment interest secondary no single figure High Court of Lagos State (Civil Procedure) Rules 2019, O 39 r 4: the… 2026-08-10
VAT standard rate 7.5 percent 2020-02-01 Nigeria Tax Act 2025 (Act No. 7), Section 148 — Nigeria Revenue… 2026-07-14
VAT registration threshold 100000000 NGN 2026-01-01 Nigeria Tax Administration Act 2025, official gazette PDF (hosted by… 2026-08-08
National minimum wage 70000 NGN/month 2024-07-29 National Minimum Wage (Amendment) Act, 2024 (assented 29 July 2024… 2026-09-10
Public holidays (free) 13 days held 2026-08-21 Federal Ministry of Interior 2026-09-12
CPI inflation (year-on-year) 15.43 percent (YoY) 2026-07-01 National Bureau of Statistics (NBS) — CPI and Inflation Report, July… 2026-09-14
Corporate income tax rate 30 percent 2026-01-01 Nigeria Tax Act 2025 (Act No. 7), companies income tax — Nigeria… 2026-07-17
Withholding tax rates secondary 10–15% across 5 withholding taxes — no single rate 2025-01-01 Deduction of Tax at Source (Withholding) Regulations 2024, Federal… 2026-08-12
Personal income tax brackets 0–25% across 6 bands 2026-01-01 Nigeria Tax Act 2025 (Act No. 7), Fourth Schedule — Nigeria Revenue… 2026-07-17
CBN official exchange rate (NFEM volume-weighted average) 1326.3014 USD; 1 currencies held 2026-09-14 Central Bank of Nigeria — NFEM rates, official rate for 2026-09-14 2026-09-14
Statutory payroll contributions (employee) 2.5–8% across 3 contribution branches 2025-01-01 Pension Reform Act 2014 s.4(1) (employee 8% of… 2026-07-30

Use it from code

# Free — the full catalogue of what we hold
curl https://afriref.dev/catalog

# Any series ($0.005 per call, x402 on Base — no key, no signup)
curl https://afriref.dev/v1/ng/policy-rate

# Provenance: the fingerprint of every source cited above
curl https://afriref.dev/provenance/ng/policy-rate

What makes this different

Every value above names the official instrument it came from and the date it takes effect, and we record when we last checked it. Where a value could not be verified against its own statute we do not publish an estimate — the series is simply absent. Where a question falls outside what we hold, the API refuses and explains, free of charge, rather than returning a number that looks right.