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Federal Republic of Nigeria Snapshot Land Area 923,768 sq. km Capital Abuja Population Estimate (m, 2017) 190.8 Population Growth Rate (2016) 2.6% Nominal GDP (US$ billions, 2017) 371.9 OGNI Per Capita (US$, 2016) 2,450 UNITY AND FAITH, PEACE AND PROGRESS B/B+/B2 Recent Milestones National Economic Recovery and Growth Plan (ERGP) launched Sovereign Credit Ratings (S&P/Fitch/Moody's) Currency Average Exchange Rate (Sept 2018) System of Government Borders Nigerian Naira (NGN) USD/NGN: 306.25 Multi-party democracy with four (4) year election cycles since 1999 Benin, Chad, Cameroon and Niger World Bank Ease of Doing Business rank moves up 24 places $3bn Eurobond Issued 3.7x Oversubscribed. Nigeria/SSA Debut 30-year Bond Another N500bn approved in the 2018 Budget for Social Investment Programmes Mar 2017 2016 Oct 2017 Nov 2017 Apr 2017 June 2018 Sep 2017 Feb 2018 Jul 2018 Strong implementation of fiscal reforms (TSA, IPPIS, PICA, Expanding Tax Net, etc.) & Strategic Implementation Plan for 2016 Budget Investors & Exporters (I&E) FX window opened N100 bn debut Sovereign Sukuk issued to finance the construction of 25 critical priority roads of Economic importance $2.5bn Eurobond Issue 4.5x Oversubscribed Abuja Light Rail Commissioned. One of many capital projects completed in 2018 Sources: Central Bank of Nigeria: Data & Statistics, World Bank, IMF. 3 Nigeria in Context

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