₦airaland Forum

dude let me advice u, words are cheap. go get money, and any girl u think of is urs.

nice one op!!

Na so craze dey start.

it's pretty fine.. but na wash, all vanity.

yuck! **spits and walk out of tread**

OP, you need forgiveness of sin. Go on your kneels let me pray for you.

lol.. absolutely correct. Great Nigerian Students!!!!

she is natural, her beauty is pure and clean. unlike some photos I saw on NL recently abt some girls dat uses the ultimate power of makeup to cover their ugliness. if only u peeps saw d photos, u will know the devil is a fine boy.

Na only dat scene dey d video? show more pics joor. anyway nice ride there.

Na so we see am ooo.

Excuse me! Pls don't point fingers at the guys alone. wat abt girls who leave their guys for richer guys? even wen dey know the guy is a playboy.

chaiiii. see gobe... one reason I love my bottle of STAR #shine shine bobo

Hope no life was lost?

OMG! Dis op guy killed it. I mean you spoke d whole truth. I hope NL girls are taking note

I'm sure those born in the Indomie generation are seeing this for d first time. Gone are the good old days.

yes! learning should be practicalize, nit just talking all day.

some memories never die, no matter how hard u try to kill it. The pain caused are still fresh.. humans sha

How did dey bake or decorate it? I'm sure dey made use of ladder.

OK I have few questions:
*wat about the captain and other crew members? wat was their own attitude or were dey immune to the force.
* Does it happen turn by turn
* where are the pictures

OMG! this is d height of wickedness, ladies been deceiving guys since 1800BC. Before you marry or date any girl please ensure u wash her face very thoroughly with hypo, jik, klin, omo etc so dat u will be sure her beauty is genuine.

OP you well? Dat is they everything na

my suya, my everything.... I can perceive d aroma already. Op thanks though.

Screwface:
I have one single rule towards lending out money. The rule applies to all, both family and friends. "Never lend out money you can't let go". That's just the only way to go about it.

My own advice is, when you lend out money, count it as a loss. If you get it back, it's a bonus to you. Most times, you don't get it back, or you get in bits and pieces, which is frustrating on its own.
Again, there are still some truthful and faithful people out there.
The principle is still the same; do not lend out an amount you can't let go".

Absolutely true, but some people learn this d hard way.

There are many risk attached to lending money to family and friends. After all, people typically don’t like discussing money with anyone, let alone their friends.

So bringing a personal money transaction between you and your friends/family carries significant risk.

Many financial experts warn against giving loans to family and friends.

Don't get this wrong, you can offer them a loan but treat it as a gift. Make sure you don’t need to get the money back. That way, you help them out without putting your relationship at risk.

The Typical Risks

Strain on the Relationship
Money is stressful unless you have enough. Obviously, your friend doesn’t have enough. If you give them a loan, it may put stress on the relationship as a whole. It’s a risk.

Are you willing to risk the relationship?
Lose the Relationship
Lending money, or even gifting money, can put a big strain on the relationship. Are you willing to risk a relationship over money?

Hurt Your Own Finances
You’ve got to think about yourself first. If you can’t help yourself, who can you help? It’s a risk when loaning out money. Some day, you may regret that decision.

End up Hurting More Than Helping
Often, people get into a debt cycle.
You give them a loan once, you may as well enable them for the rest of their lives. This may just delay the inevitable point where they should begin winning with money for
themselves.

Eventually Having to Say No Anyway
What may very well happen is people find out you’ve given a loan. Others may come to you next time they get in a money mind. This may happen over and over. Eventually, you’ll have to start telling people ‘no.’ That or you could open up a bank. Either way, you’ll have to begin turning people away.

Dear reader, Consider establishing a ‘no loan’ policy straight away. Consider an
alternative option to lending money.

Perhaps when a holiday rolls around, you give a struggling person more than you would if they hadn’t approached you about a loan. At Christmas, give them a free trip. For their birthday, consider buying them a
big gift like a new bedroom set or a new car. They can focus their own money on other problems if they still exist.

Of course, where there is risk, there is also reward. They balance each other out. What may happen is the loan strengthens the bond between both parties. You may have helped a friend. Your friend may be extremely grateful.

But this post is aimed at addressing any risk between lending money in this fashion. You assume a lot of risk when approaching this subject. You never really know until you know. If you’re still unsure about
lending money, try it. How well does it work out? If it is working out well, keep it going. Use the same methods for the following loans you give to people.

But remember this, never give out more than you can afford to lose. It’s kind of like with gambling.

Thanks for reading, please share.

curled from: www.cashrange.com/the-dangers-of-loaning-money-to-family-and-friends/

Good morning GRTV readers, Today is Nigeria's 55th Independence just be optimistic about this great country of ours.We will definitely get there some day...Enjoy the national dailies news headlines.Happy independence day!!! VANGUARD *Man, 2 others arraigned for stabbing Police officer to death LAGOS *At last, Buhari sends ministers' list to Senate *CBN raises concern over declining growth *Buhari 'll be distracted, overworked as Petroleum Minister 'NACCIMA *2 docked over alleged rape of 12- year-old girl *Falae's unfortunate and unacceptable kidnap *Irresponsibility of Nigerian politicians dragged us backward ' Mohammed *2019: PDP zones presidency to the North *Eaglets off to Argentina today *Chelsea lack leadership without Terry ' Rio Ferdinand *Ronaldo nets milestone 500th goal *Breaking: Wizkid, Olamide, Praiz, others nominated for #TheHeadies2015! *Lady Gaga chosen as Billboard's woman of the year *CCT, Federal High Court status under 1999 Constitution *Onikoyi Descendants sue FG, others over property *2015: Coy sues PDP, others for non- payment of campaign fees *All hail this toddler @ 55 *Improving female education will hasten Nigeria's economic development *4 bag first class as SAU graduates 57 *Nigerian graduates tasked on ICT literacy *Over 80 percent of teachers lack formal training ' Okebukola *Nigeria @ 55: Education sector yet to get it right ' Stakeholders DAILY SUN *Buhari, God's gift to Nigeria 'Razaq Bello'Osagie *After Buhari, Nigerians'll see Jonathan like an angel 'Thompson *2019: PDP zones presidential ticket to North *Reps probe Saraki's trial *AfroBasket 2015: D' Tigress set to oust *Jaiz Bank gets national licence *EFCC uncovers illegal oil operations by foreigners *Group condemns kidnappings, urges support for IGP Arase *Jonathan, Okowa, Uduaghan mourn Onosode *Boko Haram poisons water sources in Borno villages *Saraki, Ekweremadu, Kalu felicitate with Nigeria *Fayose calls for probe of past leaders *Kogi monarch abducted *Panic in PH over fallen electric pole *Visa scam: Immigration arrests 2 suspects *Man who removed father's heart after killing him reports himself to police *Nigerian economic managers, from Chief Awolowo to Dr. Okonjo-Iweala failed *A new Nigeria of possibilities DAILY POST *“You hid when Abacha was terrorizing Nigerians” – OPC blasts Amosun over comment *Fashola, Amaechi, Lai, Ngige, Mama Taraba, others make Buhari’s ministerial list *FG sets up reintegration committee for repentant Boko Haram fighters *N2billion debt: Respect the gentleman’s *We will wipe out Boko Haram before December – Army *Troops ambush Boko Haram fighters on Sambisa route *I won’t reveal Buhari’s Ministers until Tuesday – Saraki *Rivers Tribunal: APC, security agencies planning to present fake witnesses – Group *Bayelsa Guber: Sylva picks APC ticket again *Nasarawa elections: Maku loses bid to unseat Al-Makura *46-year-old man appears in court for assaulting community leader *Kidnappers demand N100m ransom for Delta Polytechnic lecturer *Suspected robbers drown to death while escaping with N13,000, mobile phone *33-year-old mother throws new- born from 7th floor *Man who removed father’s heart after killing him reports himself to police *Rivers: Robbers kill policeman, snatch workers’ salary PREMIUM TIMES *Overloading, speed limit violation major causes of road crashes during Id-el-Kabir ' FRSC *Nigerians to wait till Tuesday to know ministerial nominees *Delta Governorship Tribunal: INEC closes case, fails to call witness *Ogun governor submits list of commissioners to Assembly *Immigration Boss, Martin Abeshi, threatens to publish names of former officials holding on to diplomatic passports *Police confirms Saraki, others stoned at Ilorin eid ground *Buhari to address 'the 'nation 'Thursday *Lawyer wants judge probed for granting ex-parte to Akpabio *'I cannot interfere with the workings of the National Assembly'- Buhari *Nigeria's public institutions perform poorly in FOI rankings *Kukah condoles with Sultan, Muslims over Hajj tragedy *Judge pulls out of Saraki trial, wants case reassigned *Pink October walk, race, and cycling against cancer holds Saturday *EXCLUSIVE: National Assembly pressuring Buhari's govt to release N64.4bn constituency projects money *INTERVIEW: I have no hand in 'fraudulent' crude oil transportation deal ' ex-NNPC legal adviser, Yinka Omorogbe *My husband didn't support me for re-election ' Senator Remi Tinubu *CAF slams Nigeria with $5000 fine *Governor Amosun appoints ex-TELL editor as media adviser *FIFA Presidency: Players' Union declare support for Odegbami, asks Orji Uzor Kalu to step down *Beyond the pardons, press freedom still under threat in Egypt *UN: Buhari solicits measures to stop youth from joining terror groups *Bailout: Ondo workers begin warning strike Wednesday *Rainstorm wrecks havoc on Plateau communities *Centre screens, treats 100,000 cancer patients in Nigeria *Gays, lesbians need salvation not punishment ' Catholic bishops BBC *Russia and US military to talk on Syria *Trump: I would send Syria refugees home *Fresh blast hits China's Guangxi *Bahrain finds huge explosives cache *Rio police quizzed over fatal shooting *Why India man was lynched over beef rumours *Car smoking ban comes into force *Good bacteria' key to stopping asthma *African immigrants shut out in Canada *Female surgeons 'face hostility *WHO backs 'treat-all' HIV drug plan *Caf bans Guinea-Bissau coach *Google and Microsoft in lawsuit truce *FA's Mourinho verdict 'appalling *Man Utd are suffering - Van Gaal *Man City were lucky - Pellegrini *Instagram's boss wants whole world using network CNN *Afghanistan is 'a functioning democracy *Putin move leaves U.S. looking weak *Bush to Trump: Time to 'put on big boy pants *Trump: Some Muslims a problem *Scientists find their first biofluorescent reptile *Afghan forces struggle to take Kunduz back from Taliban *5 sentenced to death in deadly Mumbai train bombings *Iran's Khamenei threatens 'harsh' retaliation over Hajj stampede *New Zealand creates an ocean sanctuary twice its size *Palestinians and Saudi Arabia clash over World Cup game *Hijab-wearing Muslim model stirs debate *Can you guess the world's top tourism destination? *Lady Gaga named Billboard Woman of the Year *Katy Perry kissed by a girl -- too much
source: goodliferadiotv1..com

https://www.ngokland.com/wp-content/uploads/2015/07/Coins.jpg

According to an old superstition, it’s good luck to find a coin on the road side. But whether or not you believe picking up that coin will bring you luck, one thing it definitely won’t bring you is wealth. coins are worth so little now that they can hardly purchase anytime.

coins are so close to worthless that many people argue it’s time to do away with them altogether.

However, while many people are calling for the coins retirement, others are working just as passionately to keep the coin in circulation.

Each side in this debate refers to the other side’s arguments as “myths” and offers up “facts” to counter them, making it hard to determine just where the real facts lie. Here’s a summary of the arguments on each side, along with the evidence for and against them.

Reasons to Retire the Penny

The arguments for halting production of coins basically boil down to the fact that “they’re more trouble than they’re worth.” Coins today are worth almost nothing, but they still cost money to produce and consume vast quantities of natural resources.

To anti-penny activists, that’s a lot of costs for a coin that can’t even buy a chewing gum anymore.

1. They’re Useless]
Coins are simply no longer useful as a means of exchange.

“There are precedents for getting rid of coins that are too small to use. Back in 1857, the U.S. Mint stopped producing halfpenny coins – which, according to the historical information calculator at MeasuringWorth.com, had a purchasing power of $0.14 in 2015 dollars. So at the time it was eliminated, the “useless” halfpenny could buy as much as 14 pennies can today. If consumers in 1857 could get along without halfpennies, then modern consumers can almost certainly manage without a coin that’s worth less than one-tenth as
much.”

2. They Waste Time
As useless as coins are, most of us can’t avoid them. Often, when we pay with cash at a discount store, the total amount
doesn’t end in a round figure – so we end up paying the exact amount.

This not only weighs down our pockets, it also holds up the line while we mess around counting the coins discount.

4. They Cost the Government Money
Anti-coin advocates are fond of pointing out that coins now cost more to produce than they’re actually worth.

According to the 2014 Annual Report from the U.S. Mint, it now costs about $0.017 – or 1.7cents – to make one cent. That means whenever the Mint produces a penny and sends it out to a bank, it’s actually losing money on the deal.

The Mint has researched the possibility of making pennies from cheaper materials, but it found that there’s no way to bring the
cost of producing them below their face value.

In theory, a single coin could be used for hundreds, thousands, or even millions of transactions before it drops out of circulation. However, this only works if the coins actually do circulate – and coins, as noted above, often don’t. They’re so hard to use that they end up stuffed in jars or abandoned.

As a result, the Mint just has to keep making more coins at a loss.

Reasons to Keep the Coins

Some of the arguments for keeping the coin are practical ones. For instance, coin supporters claim that eliminating the coin could harm the economy or hamper charities in their fund-raising efforts.

However, other arguments are sentimental, having to do with the way people feel about the coin – and these arguments, because
they’re not based on logic, are much harder to counter.

1. They Keep Prices Low
Coin supporters point out that that if coins are eliminated, all cash transactions will have to be rounded up.

However, low-income earners – who, as study shows, are more likely than other consumers to pay for their purchases with cash – would be hit especially hard.

According to a 1990 study in the U.S by
economist Raymond Lombra, who testified before the Senate Banking Committee that his “careful statistical analysis” of prices showed that rounding cash sales up or down would cost consumers more than $600,000 a year. Lombra also argued that this small change in prices would trigger an increase in the Consumer Price Index (CPI) and, consequently, in all government payments tied to the CPI, such as Social Security.

However, a newer study by economist Robert Whaples, published by the Eastern Economic Journal in 2007, contradicts Lombra’s findings. Unlike Lombra, who simply looked at a convenience store’s prices and assumed that each consumer would buy three items in one visit, Whaples analyzed actual data from more than 200,000 convenience-store transactions in seven states. He concluded that once taxes and fees were factored in, consumers would actually come out slightly ahead on average with prices rounded off. However, he also stresses that even if prices did increase, the difference would be so tiny it couldn’t possibly affect the CPI, and thus it could not trigger widespread inflation.

Another piece of evidence against Lombra’s claims comes from Canada, which stopped minting its penny in 2013. Prices there are now rounded up or down to the nearest $0.05 for cash transactions, while payments made with credit, debit, or old-fashioned checks are still settled down to the cent. Since the changeover, according to Trading Economics, the inflation rate in Canada has wavered slightly up and down but has remained well below its historical average of 3.2%. In Canada, eliminating the coin has not led to a widespread increase in prices.

2. Charities Rely on Them
Pro-penny groups argue that even if coins seem worthless, they actually add up to hundreds of millions of dollars in charitable donations each year. Some charities raise funds through “coin drives,” encouraging people to donate their unwanted coins for important causes. The very fact that coins have so little value makes them useful to charities, because people are happy to give them away.

4. Some Persons Like Them
Despite all the arguments for retiring the coin, some persons are in favor of keeping it. A 2014 poll by Americans for Common Cents found even stronger numbers in favor of coins, saying 68% of adults want the coin to stay in circulation – although the fact that the poll was conducted by a pro-penny group suggests that the questions might be somewhat biased
toward the pro-penny side.

What’s less clear is why some persons are so committed to a coin with so little monetary value. Some persons are “attached emotionally” to the coin because it brings back happy childhood memories of saving coins in piggy banks.

This is the least substantive argument in favor of keeping the coin, and yet, ironically, it’s probably the most effective. So long as most people remain attached to the coin – whether their reasons
are logical or not.

Finally
It’s possible that what happens to the coin could end up depending not on the law, but on decisions made by businesses. If more
businesses follow example and start rounding down their bills, their customers will find themselves with fewer coins in their pockets.

What do you think? Should the coin remain legal tender, or should it be scrapped?

Thanks for reading. Please share.

source: http://www.cashrange.com/should-we-get-rid-of-the-coin-reasons-to-keep-it-vs-reasons-to-eliminate-it/

Adasun:
Can someone explain to me what da op is trying to say

Go play, ur mate nor dey here.

Let me start by telling you that making money online is possible. I have met quite a number of people who sing the same old song and telling same old story that there is no way anyone can make money from the internet. They try and convince others other people that the online world is nothing but a scam where you end up wasting your time.

It is quite possible to make money online, but a lot of bloggers try for a couple of months without getting any good and positive result, then they quit.

The major problem with people who do not make money online is thinking that other people do not make money online and that the only people who really make money online are the likes of “Mark Zukerbergs” and others who own very popular websites.

My discussion will be based on two set of people;
• Those who own a website/blog
AND
• Those without a website/blog

For those who own and manage a website/blog, there are many possible reasons why your website/blog is not fetching you some cash as planned or why it is not generating any revenue for you.

It is a different thing to own a blog and another thing to manage the blog. Most web starters open a website for the sole purpose of making money only without considering the fact that there ought to be some commitment and longtime investment.

To make good money, you need good number of traffic first; this is how the online business model works.

Another reason why your website is not making any cash for you maybe because, it’s probably too young in the online business world, unless of course you created an exceptional product or website. But frankly speaking there is no magic way to make money online in just few months without hard work.

Take it or leave it, if you lack patience when it comes to working online, then you definitely are not ready to change your financial status.

Even if you need good number of traffic for your website/blog, it will take a few months.

For those without a website/blog, the very first reason why you have not made a dime from the internet is because you don’t own a website. Not even a simple blog on .

I hope after reading this post, you will see why your state of “blog-less-ness” has played a vital role and has contributed to the condition of your remaining “Cash-less” online.

To be sincere with you, in the online world you must be a seller of something or provide some sort of service before you can make a dime online.

Another reason you may never make a dime online is because you are just too good at “doing your own thing” without any help or some form of assistance from anybody. Even experts sometimes seek guides from others, in areas they are not certain.
You may succeed however, but the chances are very slim.

Above all these,, thinking every online business is a scam just because the few you have ventured into did not work. If your mentality is geared towards that, please change your thinking and keep your mind open and positive to new opportunities and sooner than later your hard work will pay.

Thanks for reading. Please Share.

source: http://www.cashrange.com/top-reasons-why-people-fail-to-make-money-online-2/

Are you looking for ways to make extra cash? Do you want to earn extra cash along side your income?

Below are 5 ways you can earn extra cash.

1. Start a business.

One of the most rewarding, but toughest ways to earn some extra cash is by becoming an entrepreneur. You can start your own business right from the comforts of your home for little to no cash. You could create websites for businesses that would like to advertise on the internet or maybe design logos for companies that need them. You could start an errands-for-hire business by running errands for busy working people and the elderly. There are numerous tasks from grocery shopping to picking up prescriptions that people would pay for to make their lives easier. Just look around and wherever you see a need you can create a business to fill it!

2. Sell your used and unused items.

A great way to make extra cash is by selling your items online. Sell your unused and used collectibles. You will get more money for unused items, but you can sell used items online as well. Do you have old video games, DVDs, toys or books? All of these items are sold online daily. Do you make your own bracelets, t-shirts or key chains? You can sell just about anything online, including handmade items. The most popular sites to sell items online are Ebay, Craigslist, Etsy, and Amazon etc.

3. Become a freelance writer or independent contractor.

Do you have a passion and a talent for writing? If so, then become a freelance writer. There are many ways to get paid for your writing skills. Share your how-to tips on eHow.com. Are you passionate about any particular topic or interest? Start your own blog. As you build a following, companies will pay you to advertise on your blog. Do you just want to work on specific projects? Become an independent contractor and write articles for eLance.com. Write an e-book and market it to website owners.

4. Have a garage sale.

Sell all of your leftover items at a garage sale. A garage sale is the perfect place to sell all of those items that you couldn’t unload online. Old furniture, clothes, tools, lawn equipment, and televisions can all be sold at a garage sale. Just hang up a sign and start selling! Not only will a garage sale remove the clutter in your house, it will add a few bucks to your wallet.

5. Pick up a part-time job.

A part-time job provides reliable income. Do you have an interest in real estate? Become a home inspector. Insurance companies hire contractors to perform home inspections. All you need to get started is a digital camera and reliable transportation. Do you have a car and a good driving record? You can deliver pizzas. Are you good with animals? Become a pet sitter. Even though full-time jobs are scarce, part-time jobs are readily available.

While none of these tasks are going to make you rich overnight, they are great ways to make some extra cash.

Do you know of any easy ways to generate additional income? What are your favorites? What have you succeeded with and what have you failed at? Please Share With Us.



Thanks for reading. Please share.
- See more at: http://www.cashrange.com/5-easy-ways-to-make-extra-cash/#sthash.KEsurDf1.dpuf

<b>Economy - overview</b>
Following an April 2014 statistical "rebasing" exercise, Nigeria has emerged as Africa's largest economy, with 2013 GDP estimated at US $ 502 billion. Oil has been a dominant source of government revenues since the 1970s. Regulatory constraints and security risks have limited new investment in oil and natural gas, and Nigeria's oil production contracted in 2012 and 2013.

Nevertheless, the Nigerian economy has continued to grow at a rapid 6-8% per annum (pre-rebasing), driven by growth in agriculture, telecommunications, and services, and the medium-term outlook for Nigeria is good, assuming oil output stabilizes and oil prices remain strong.

Fiscal authorities pursued countercyclical policies in 2011-2013, significantly reducing the budget deficit. Monetary policy has also been responsive and effective. Following the 2008-9 global financial crises, the banking sector was effectively recapitalized and regulation enhanced. Despite its strong fundamentals, oil-rich Nigeria has been hobbled by inadequate power supply, lack of infrastructure, delays in the passage of legislative reforms, an inefficient property registration system, restrictive trade policies, an inconsistent regulatory environment, a slow and ineffective judicial system, unreliable dispute resolution mechanisms, insecurity, and pervasive corruption.

Economic diversification and strong growth have not translated into a significant decline in poverty levels - over 62% of Nigeria's 170 million people live in extreme poverty.

President JONATHAN has established an economic team that includes experienced and reputable members and has announced plans to increase transparency, continue to diversify production, and further improve fiscal management.

The government is working to develop
stronger public-private partnerships for roads, agriculture, and power.

<b>GDP (purchasing power parity)</b>
$478.5 billion (2013 est.)
$450.4 billion (2012 est.)
$422.6 billion (2011 est.)

note: data are in 2013 US dollars

<b>GDP (official exchange rate)</b>
$502 billion (2013 est.)

<b>GDP - real growth rate</b>
6.2% (2013 est.)
6.6% (2012 est.)
7.4% (2011 est.)

<b>GDP - per capita (PPP)</b>
$2,800 (2013 est.)
$2,700 (2012 est.)
$2,600 (2011 est.)

note: data are in 2013 US dollars

<b>Gross national saving</b>
15.5% of GDP (2013 est.)
15.9% of GDP (2012 est.)
15.4% of GDP (2011 est.)

<b>GDP -composition, by end use</b>
household consumption: 50.3%
government consumption: 12.8%
investment in fixed capital: 9.8%
investment in inventories: 0%
exports of goods and services: 49.9%
imports of goods and services: -22.8% (2013 est.)

<b>GDP - composition by sector</b>
agriculture: 30.9%
industry: 43%
services: 26% (2012 est.)

<b>Population below poverty line</b>
70% (2010 est.)
Labor force 51.53 million (2011 est.)

<b>Labor force - by occupation</b>
agriculture: 70%
industry: 10%
services: 20% (1999 est.)

<b>Unemployment rate</b>
23.9% (2011 est.)
4.9% (2007 est.)

<b>Household income or consumption by percentage share</b>
lowest 10%: 1.8%
highest 10%: 38.2% (2010 est.)

<b>Distribution of family income - Gini index</b>
43.7 (2003)
50.6 (1997)

<b>Budget</b>
revenues: $23.85billion
expenditures: $31.51billion (2013 est.)

<b>Taxes and other revenues</b>
4.8% of GDP (2013 est.)

<b>Budget surplus (+) or deficit (-)</b>
-1.5% of GDP (2013 est.)

<b>Public debt</b>
19.3% of GDP (2013 est.)
17.9% of GDP (2012 est.)

<b>Inflation rate (consumer prices)</b>
8.7% (2013 est.)
12.2% (2012 est.)

<b>Central bank discount rate</b>
4.25% (31 December 2010 est.)
6% (31 December 2009 est.)

<b>Commercial bank prime lending rate</b>
15.5% (31 December 2013 est.)
16.79% (31 December 2012 est.)

<b>Stock of narrow money</b>
$46.48 billion (31 December 2013 est.)
$44.41 billion (31 December 2012 est.)

<b>Stock of broad money</b>
$98.75 billion (31 December 2013 est.)
$96.34 billion (31 December 2012 est.)

<b>Stock of domestic credit</b>
$93.46 billion (31 December 2013 est.)
$93.5 billion (31 December 2012 est.)

<b>Market value of publicly traded shares</b>
$56.39 billion (31 December 2012 est.)
$39.27 billion (31 December 2011)
$50.88 billion (31 December 2010 est.)

<b>Agriculture - products</b>
cocoa, peanuts, cotton, palm oil, corn, rice, sorghum, millet, cassava (manioc, tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish Industries crude oil, coal, tin, columbite; rubber products, wood; hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel.

<b>Industrial production growth rate</b>
0.9% (2013 est.)

<b>Current Account Balance</b>
$16.16 billion (2013 est.)
$20.35 billion (2012 est.)

<b>Exports</b>
$93.55 billion (2013 est.)
$95.68 billion (2012 est.)

<b>Exports - commodities</b>
petroleum and petroleum products 95%, cocoa, rubber

<b>Exports - partners</b>
US 16.8%, India 11.5%, Netherlands 8.6%, Spain 7.8%, Brazil 7.6%, UK 5.1%, Germany 4.9%, Japan 4.1%, France 4.1% (2012)

<b>Imports</b>
$55.98 billion (2013 est.)
$53.36 billion (2012 est.)

<b>Imports - commodities</b>
machinery, chemicals, transport equipment, manufactured goods, food and live animals

<b>Imports - partners</b>
China 18.3%, US 10.1%, India 5.5% (2012)

<b>Reserves of foreign exchange and gold</b>
$47.7 billion (31 December 2013 est.)
$46.41 billion (31 December 2012 est.)

<b>Debt - external</b>
$15.73 billion (31 December 2013 est.)
$13.4 billion (31 December 2012 est.)

<b>Stock of direct foreign investment - at home</b>
$84.56 billion (31 December 2013 est.)
$76.75 billion (31 December 2012 est.)

<b>Stock of direct foreign investment -abroad</b>
$9.212 billion (31 December 2013 est.)
$7.444 billion (31 December 2012 est.)

<b>Exchange rates nairas (NGN) per US
dollar</b>
196 (2015 est.)
156.8 (2013 est.)
156.81 (2012 est.)
150.3 (2010 est.)
148.9 (2009)
117.8 (2008)

Fiscal year calendar year

Source: www.cashrange.com/facts-you-should-know-about-nigeria-economy/