Data and Statistics

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Monthly Average Exchange Rates of the Naira (Naira Per Unit of Foreign Currency) - 2012

Month	June	July	August
DAS/WDAS (USD)	157.44	157.43	157.38
IFEM (USD)	162.33	161.33	158.97
BDC (USD)	163.43	163.32	162.24
POUNDS	242.42	243.06	244.87
EURO	193.92	191.56	193.28
CFAFr	0.30	0.29	0.29

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Monthly Average Exchange Rates of the Naira
DAS/WDAS = Dutch Auction System/Wholesale Dutch Auction System, IFEM is Inter-bank Foreign Exchange Market, BDC is Bureau de Change *DAS/WDAS exchange rate from August 2005, include 1 per cent commission

Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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Facts : 1/1/1900

NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.

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