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Abuja, Nigeria. September 8th, 2014 – The Portfolio of Indices report released by NOIPolls Limited has unveiled that the NOIPolls Personal Well-Being Index (PWBI) increased by 1.8-points to stand at 43.3-points in August 2014. Furthermore, there was a decline in 2 of the indicators that make up the Personal Well-being Index while increases were observed in the remaining 5 indicators. On the other hand, the NOIPolls Consumer Confidence Index for August 2014 declined by 0.5-point to stand at70.7-points. This decline is as a result of the slight decline in one of the indicators that make up the CCI, the Expectation Index (EI) which declined by 0.9-point while the Present Situation Index (PSI) increased by 0.1-point. These are the key highlights from the August 2014Portfolio of Indices Press Release. In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minority conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the August 2014 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for August 2014 increased by 1.8-points to stand at43.3 points. Analysis of the individual indicators that make up the PWBI shows variances in the perception of Nigerians about their accomplishments on several aspects of their lives. Nigerians are most satisfied in terms of Religion (87.8-points) Social Interaction (75.8-points) and Physical Health (73.3-points). In addition, Nigerians are slightly neutral in terms of Achievement in Life (53.5-points), Standard of Living (50-points) and Personal Security (53.0-points). Furthermore, Nigerians are not fulfilled with their Personal Economic Situation (40.4-points); this index remains the lowest ranked indicator since January 2014. The monthly trend analysis revealed a decline in 2 of the indicators that constitute the Personal Well-being Index while increases were observed in 5 indicators; Standard of Living, Achievements in Life, Personal Security, Social interaction and Economic situation indices with2.7-points, 3.1-points, 3.8-points, 1.8-points and 4.8-points respectively. More findings from trend analysis show that the NOIPolls Personal Well Being Index experienced a much greater increase of 1.8-points in August 2014. Also, the PWBI average from January 2014 till date is 42.3-points; PWBI for the month of August 2014 is 1-pointabove this average. To read more on NOIPolls Personal Well-Being Index for July, click here The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for August 2014 stood at 70.66 points; a 0.5-pointdecline from July 2014. However, in spite of the slight decline the CCI remains reasonably high implying that Nigerians are positive about their current personal situation and are hopeful about the future. The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The Present Situation Index is currently at60.5-points showing that Nigerians are somewhat confident with respect to their present personal and economic situation. Similarly, the Expectation Index of 78.3-points shows that consumers are highly hopeful about the future. The PSI increased by 0.1-point while the EI declined by and 0.9-point in August 2014. Trend analysis reveals that overall the CCI declined by 0.5-point to stand at 70.7-points in the month of August 2014. The CCI average from January 2014 to August 2014 is 73.3-points, therefore CCI for the month of August 2014 is 2.6-points below the average till date. To read more on NOIPolls Consumer Confidence Index for July, click here Conclusion In conclusion, the current poll result has revealed that the NOIPolls Personal Well-Being Index(PWBI) further increased by 1.8-points to stand at 43.3-points in August 2014. Furthermore, there was a decline in 2 of the indicators that make up the Personal Well-being Index while increases were observed in the remaining 5 indicators; Standard of Living, Achievements in Life, Personal Security, Social Interaction and Economic Situation indices with 2.7-points, 3.1-points, 3.8-points, 1.8-points and 4.8-points respectively. More findings revealed that the NOIPolls Consumer Confidence Index for August 2014 declined by 0.5-points to stand at70.7-points. In addition, of the 2 indicators that make up the CCI; the Present Situation Index(PSI) and the Expectation Index (EI), the PSI increased by 0.1-point while the EI declined by0.9-point in August 2014. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of August 2014. The PWBI involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. August 12th, 2014 – The Portfolio of Indices report released by NOIPolls Limited has revealed that the NOIPolls Personal Well-Being Index (PWBI) increased slightly by 0.1-point and stood at 41.5 points in the month of July 2014. Furthermore, there was a decline in three of the seven indicators that constitute the PWBI (Standard of living, Achievement in life & Economic situation), and an increase in three other indicators (Personal security, Social interaction & Religion); while the Health Indicator remained unchanged. Additionally, the Achievement in life index experienced the highest decline with 1.9-points, while the Personal Security Index experienced the largest increase with 1.4-points. More findings revealed that the NOIPolls Consumer Confidence Index (CCI) for July 2014 stood at 71.2 points; thereby indicating a 0.6-point decline from June 2014. The Present Situation index (PSI, 60.4 points) and the Expectation index (EI, 79.2 points), which are the two indicators that make up the CCI both experienced slight declines of 1.2-points and 0.1-point respectively. These are the key highlights from the July 2014 Portfolio of Indices Result Release. In February 2014, NOIPolls Limited introduced its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minority conducts surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. This report presents the July 2014 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for July 2014 increased slightly by 0.1-point to stand at 41.5 points.Analysis of the individual indicators that make up the PWBI shows differences in the satisfaction of Nigerians on several aspects of their lives. Nigerians are most satisfied in terms of Religion (86.9 points); Social Interaction (73.9 points) and Physical Health (74.0 points). In addition, Nigerians are neutral in terms ofAchievement in Life (50.4 points), Standard of Living (47.3 points) and Personal Security (49.3 points) while Nigerians are not satisfied with their Personal Economic Situation (35.6 points). Furthermore, the Personal Economic Index has remained the lowest ranked indicator over the 19 month period that NOIPolls introduced the PWBI in January 2013. Monthly trend analysis reveals a decline in 3 of the indicators that constitute the PWBI; Achievement in life index with 1.9 points; Economic Situation index with 1.2-points and Standard of Living index with 0.5-point. Conversely, increases were observed in the Religion, Social interaction and Security indices; 1.2-points, 0.8-point and 1.4-points respectively. The Health index maintained the same rating as recorded in June 2014 More findings from trend analysis show that the NOIPolls Personal Well Being Index increased slightly by 0.1-point in July 2014. Furthermore, the average PWBI from January till July 2014 is 42.1 points and the PWBI for the month of July 2014 is 0.6-point below the average PWBI till date. To read more on NOIPolls Personal Well-Being Index for July, click here The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for July 2014 stands at 71.2 points; decreasing by 0.6-point from June 2014. The relatively high score implies that Nigerians remain positive about their current personal situation, the economy and are also hopeful about their future. The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The Present Situation Index is currently recorded at 60.4 points and the Expectation index at 79.2 points. The PSI and the EI declined by 1.2-points and 0.1-points respectively in July 2014. Trend assessment revealed that the overall CCI decreased by 0.6-point to 71.2 points in the month of July 2014. The average CCI from January to July 2014 is 73.3 points; the CCI for July 2014 is 2.1-points below the average till date. To read more on NOIPolls Consumer Confidence Index for July, click here. Conclusion In conclusion, this current poll results have revealed that the NOIPolls Personal Well-Being Index (PWBI) increased by 0.1-point to stand at 41.5 in July 2014. Furthermore, there was a decline in 3 of the indicators that make up the Personal Well-being Index while increases were observed in the Religion, Social Interaction and the Personal Security indices and the Health Index remained unchanged. Furthermore, the NOIPolls Consumer Confidence Index for July 2014 decreased by 0.6-point to stand at 71.2. More findings reveal that both the Present Situation Index (PSI) and the Expectation Index (EI), which are the two indicators that make up the CCI slightly declined by 1.1-points and 0.1-point respectively in July 2014. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of July 2014. The PWBI involved telephone interviews of a random nationwide sample.1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. July 22nd, 2014 – The Second Quarter (Q2) results of the Petrol Price Monitoring Polls conducted by NOIPolls revealed a significant 33-point decline in the proportion of Nigerians who bought petrol above the official pump price from April (76%) to June 2014 (43%). Background research indicated that normalcy in the supply of petrol across Nigeria was restored in April 2014[1] following the fuel scarcity experienced in Quarter 1. Further findings revealed thatthe South-East (80%) and North-East (74%)zones accounted for the highest proportion of respondents who bought petrol Above N97 in Q2. Also, the majority of respondents that bought petrol from major marketer filling stations (54%) bought at the official price of N97 whereas the majority (76%) of respondents who bought petrol from independent marketer filling stations bought at a price above the official pump price. In addition, slightly more than half of the respondents(57%) were of the opinion that petrol price disparity stems from lack of monitoring of petrol stations by the government. These are some of the findings of the Petrol Price Monitoring Polls conducted in Quarter 2, 2014. In January 2012, the Petroleum Products Pricing Regulatory Agency (PPPRA) along with the government announced an increase in the price of petrol from N65 to N141 as a result of the removal of subsidy for the reason that over a trillion Naira had been spent in 2011 on subsidy. Subsidy has been defined as money given by the State or Public Body to maintain low cost of commodities. Some critics view subsidy as a form of ‘protectionism’ or trade barrier because domestic goods are made affordable on an artificial basis. Within the Nigerian petroleum pricing context, the subsidy would then mean selling petrol below the cost of production or importation. The removal of the fuel subsidy led to days of protest by Nigerians led by organised labour and civil societies who were unhappy about the potential hardship this action would cause Nigerians and the lack of notice by the government to implement such plans. In line with this, the government as a stop-gap measure partially removed subsidy, thereby bringing the official pump price of petrol to N97. The key objective of the Petrol Price Monitoring Poll series is to monitor and analyze the pump prices paid by Nigerians nationwide, as well as to measure the perception of Nigerians about petrol price disparities, the uses of petrol and the removal of fuel subsidies. Key Findings Over 1,500 respondents were interviewed in the three months of Quarter 2 (April – June 2014) and the respondents were asked the same ten questions for each monthly poll, four of these questions will be reviewed in this press release. For full details of the findings, please e-mail: editor@noi-polls.com. With the aim of identifying the main point of purchase of petrol, respondents were asked: Where do you mainly buy petrol? More than half of the respondents who buy petrol (57%) buy from major marketer filling stations. In addition, 34% buy petrol from independent marketer filling stations while 9% buy from petrol hawkers. The South-West (69%) and North-Central (68%) zones, account for the highest proportion of respondents who purchase petrol from major marketer filling stations. The South-East zone (50%) recorded the highest percentage of respondents who mainly purchase petrol from independent marketer filling stations, while the North West and North-East zones, account for the highest proportion of respondents who mainly purchase petrol from hawkers with 16% each. [1] http://www.nnpcgroup.com/ Monthly trend analysis revealed a continuous increase in the proportion of respondents that purchase petrol from major marketer filling station from April (53%) to June (62%) with a total of 9-points increase over Quarter 2. Also April recorded the highest period of purchase of petrol by respondent from petrol hawkers compared to May and June 2014 In assessing the price at which consumers normally buy petrol, respondents were asked: How much do you normally buy a litre of petrol? Responses revealed that an average of 39% of the respondents purchased petrol at the official price of N97 in Q2 2014, while an aggregate of 61% bought above the official price and of these 18% purchased at N120 per litre while 11% bought at N100. The South-West (59%) and North-Central (57%) zones, account for the highest proportion of respondents who mainly buy petrol at N97. Trend analysis across the 3 months in Q2 revealed a progressive increase in the proportion of respondents who buy petrol at the official price N97 from April (24%) to June (56%) 2014 with a total 32-point increase. This highlights the stability in petrol supply in June where more respondents purchased petrol at the official price compared with April 2014. Further quarterly assessments revealed that more respondents bought petrol above the official price in Q2(60%) compared to Q1 (53%), this is likely due to the fact that more respondents bought petrol from independent marketer filling stations and slightly more from petrol hawkers than from major marketer filling stations in Q2 when compared to Q1 . An assessment of the price paid per litre of petrol by point of purchase revealed that the majority of respondents who bought petrol from major marketer filling stations (54%) purchased at the official price of N97. The majority (76%) of respondents who bought petrol from Independent marketer filling stations bought at a price above the official pump price with most (23%) buying at N120. In addition, the majority of respondents who bought petrol from hawkers (48%) bought petrol above N130. To gauge the opinions of Nigerians regarding possible reasons for the petrol price disparity in Nigeria, respondents were asked: What do you think is responsible for the difference in the pump price of petrol across filling stations? Responses revealed that slightly more than half of the respondents (57%) were of the opinion that petrol price disparity results from lack of monitoring of petrol stations by the Government. The South-East (61%) zone accounts for the highest proportion of this group. In addition, 23% of the respondents reported that disparity in petrol price across Nigeria stems from the hoarding of petrol by petrol stations in order to exploit the public, while 19% of the respondents were of the opinion that the differences in the cost of importing petrol gave rise to petrol price disparity. In order to assess the level of support for the removal of the fuel subsidy, respondents were asked the g question:Are you in support of the Government’s decision to remove the fuel subsidy? Findings revealed that slightly above half (53%) of the respondents are NOT in support of fuel subsidy removal. The South-East zone(61%) accounts for the highest proportion of respondents who do not suport fuel subsidy removal. In addition, 47% of the respondents indicated support for the fuel subsidy removal and support was highest in the North-West zone (64%). In conclusion, findings from this series of polls have revealed that an average of 60% of respondents purchased petrol above the official price in the second quarter of 2014; a 7-point increase from Q1 2014. More findings revealed a continuous decrease in the proportion of respondents who bought petrol above the official price N97from April (76%) to June 2014 (43%), with a total of 33-point decline. The South-West (59%) and North-Central (57%) zones account for the highest proportion of respondents who bought petrol at N97 in Q2.Furthermore, 54% of the respondents who bought petrol from major marketer filling stations purchased petrol at the official price of N97 and the majority (76%) of respondents who bought petrol from independent marketer filling stations bought at a price above the official pump price. In addition, 57% of the respondents think petrol price disparity results from lack of monitoring of petrol stations by the Government. Survey Methods The opinion poll was conducted monthly over the second quarter of 2014; April to June 2014. It involved telephone interviews of a random nationwide sample of over 1,500 phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited is Nigeria’s leading opinion polling and research organisation, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. July 8th, 2014 – In June 2014, the NOIPolls Personal Well-Being Index (PWBI) declined by 1.6-points to stand at 41.4 while the NOIPolls Consumer Confidence Index (CCI) also declined slightly by 1.6–points to stand at 69.5. Furthermore, there was a decline in five of the seven indicators that make up the Personal Well-Being Index, whilst the last two indicators; the Religion Index experienced a slight increase and the Health Index remained constant respectively. Similarly, analysis of the two indicators that make up the Consumer Confidence Index reveal that the Present Situation index (PSI) decreased slightly while the Expectation Index (EI) increased. These are the key highlights from the June 2014 Portfolio of Indices Press Release. In February 2014, NOIPolls officially unveiled its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minority conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy and the business environment in Nigeria. This report presents the June 2014 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for June 2014 declined by 1.6-points to stand at41.4; this is a slight drop in the perception of respondents about their personal well-being. An analysis of the individual indicators that make up the PWBI shows there were declines in five out of the seven indicators that make up the Personal Well-Being Index while the remaining two indices Religion and Health Indices recorded an increase and stable position respectively. Nigerians are most satisfied in terms of Religion (86.9); Social Interaction (73.1) and Physical Health (74.0). Furthermore, Nigerians are mostly neutral in terms of Achievement in Life (52.3), Standard of Living (47.8) and Personal Security (47.9). Finally, Nigerians are least satisfied with their Personal Economic Situation (36.8). This indicator has remained the lowest ranked indicator over the 18 month period since NOIPolls introduced its PWBI in January 2013. Monthly trend analysis reveals a drop in 5 of the indicators that make up the Personal Well-being Index and slight drop of 1.6-points overall. The only increase was observed in Religion Index (0.4-points) while the Health index maintained the same rating as May 2014. Trend analysis from January 2014 shows that the PWBI experienced a decline in June a slight reversal of the upward trend that started in March 2014. To read more on NOIPolls Personal Well-Being Index for June, click here. The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for June 2014 declined by 1.6-points to stand at 69.5. In spite of this slight decline, current results generally indicate that Nigerians feel good about their current personal situation, the economy and remain optimistic about the future. The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). Trend analysis shows that the Present Situation Index declined by 0.7-points and currently stands at 61.7 while the Expectation Index increased by 1.7-points and stands at 79.3 in June 2014. Overall the CCI decreased by 1.6-points to 69.5 in the month of June 2014. Trend analysis of results from January 2014 to date shows that after a steady increase observed from the lowest point observed in March 2014, the CCI in June 2014 experienced a slight decline.To read more on NOIPolls Consumer Confidence Index for June, click here. Conclusion The NOIPolls Personal Well-Being Index (PWBI) declined by 1.6-points to 41.4 in June 2014. In addition, there were decline in all five of the seven indicators that make up the Personal Well-Being Index, while the remaining two indicators ;he Religion Index experienced a slight increase while the Health remained constant from May 2014. Similarly, the NOIPolls Consumer Confidence Index declined by 1.6-points to stand at 69.49 in June 2014. Further findings reveal that the Present Situation Index (PSI) which is one of the two indicators that make up the CCI, decreased slightly while the Expectation Index increased. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of June 2014. The PWBI involved telephone interviews of a random nationwide sample.1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No.1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. July 1st, 2014 – Latest governance poll results released by NOIPolls for the month of June 2014 revealed that57% of adult Nigerians approve of the performance of the President over the past month; a slight 1-point decline in his job approval rating from May 2014 when it stood at 58%.  Similar to results obtained in May, the President’s current rating was greatly impacted by the remarkably high approval rating in the South East (91% in June 2014). Additional findings from the June governance poll revealed that the President maintained an average ranking for his performance on sectors such as the Economy, Education, Health, Agriculture & Food security, Transportation and Foreign Policy & Diplomacy. However, he maintained a very poor ranking for his performance on Job Creation, Power and Security. Furthermore, slightly more than half of the respondents (52%) indicated power supply to their households over the past month was either bad and/or it had gone worse; a 7-point increase from May 2014. Ironically, while the South East zone experienced the worst supply of power to households (61%), the zone remains responsible for the president’s high job approval rating. These are some of the key findings from the Governance Snap Poll conducted in week of June 23rd 2014. These results represent the sixth in the 2014 monthly series of governance polls conducted by NOIPolls to gauge the opinions and perceptions of Nigerians regarding the approval rating of the President, the performance of the President on key elements of his transformation agenda, and the state of power supply in the country. Respondents to the poll were asked three specific questions. The first sought to assess the views of Nigerians on the performance of President Goodluck Jonathan over the past 1 month. Respondents were asked: Do you approve or disapprove of the job performance of President Jonathan in the past 1 month?  The findings revealed that the majority of the respondents (45%) approve of the performance of the President, while 17% disapprove of his performance. 15% of the respondents remained neutral as they neither approve nor disapprove,12% of respondents strongly approve of his performance, while 11% strongly disapprove of his performance. Assessing the President’s performance from the geo-political zone perspective revealed that theSouth-East zone with 91% (20%+71%) has the highest proportion of respondents who approve of the President’s job performance and this had a great impact on the overall rating of the President. The North-West zone accounts for the largest proportion of respondents who disapprove of the President’s job performance with 42% (24%+18%). Monthly trend assessment of the President’s approval rating reveals that the President’s approval rating declined slightly by 1-point to 57% in June 2014; the third highest rating since January 2014. The results also indicate that the North-Central zone experienced the largest increase (12-points) in the percentage of respondents who approve of the president’s overall performance in June (66%) from May 2014. Please click on the chart below to view the 18-month Approval trend analysis (January 2013 – June 2014) To gauge the performance of the president on pertinent elements of his transformation agenda, respondents were asked: On a scale of 1 to 5, where 1 is very poor and 5 is excellent, how would you rate the performance of the President Jonathan in the following areas?  (1) Job Creation (2) Power (3) Economy (4) Health (5) Education (6) Agriculture & Food Security (7) Transportation (8) Foreign Policy & Diplomacy and (9) Security. The President was rated average in terms of his performance in Economy, Education, Health, Agriculture & Food Security, Transportation and Foreign Policy & Diplomacy. On the other hand, his ratings on Job Creation, Power and Security have remained very poor. These 3 key elements of his transformation agenda have persistently maintained a very poor rating since February 2014, implying that Nigerians are not satisfied and want the president to be more proactive on the issues of Job creation, Power and Security. Monthly trend analysis reveals that the President’s performance rating on Economy, Health, Agriculture & Food Security, Transportation and Foreign Policy & Diplomacy maintained an average ranking for the sixth month excluding Education which was rated very poor in February. Also, the President has been rated very poor in terms of his performance on Job Creation, Power and Security since February. Finally, the third question sought to establish the state of power supply to Nigerian households over the past month, therefore, respondents were asked: How would you describe power supply in your area in the last 1 month?   The results indicate that slightly more than half(52%: 35%+17%) of the respondents described power supply to their household negatively over the past month. This is made up of 17% that claim “it remains bad”; while 35% claim “it’s very bad and has gone to worse”. Furthermore, 32% (26%+6%) of Nigerians claim they have experienced an improvement in power supply, while 16% of the respondents say “there’s no difference” in the state of power supply to their households in June 2014. An assessment across the geo-political zones revealed that the North-Central zone has the largest percentage (39%) of respondents who experienced an improved power supply and also respondents who saw no difference at all. In addition, the South-East zone has the highest number of respondents (61%) that experienced poor supply of power in June 2014. Monthly trend analysis on power supply revealed a significant 10-point decline in the proportion of Nigerians who experienced an improvement in power supply to their households from May 2014, indicating a general decline in the state of power supply across that country in June 2014. The South-East zone recorded the lowest proportion of respondents (20%) who saw an improvement in power supply in the month June 2014 as against 52% in the month of May 2014. Please click on the chart below to view the 18-month Power Improvement trend analysis (January 2013 – June 2014) In conclusion, the current poll results have revealed that 57% of adult Nigerians approve of the job performance of President Goodluck Jonathan over the past month; a slight 1-point decline in his approval rating from May 2014. Despite the poor power supply in June 2014, as evidenced by the 7-point increase in the proportion of those that experienced declining power supply to their households, the President’s approval rating remains at 57% due to the exceptionally high approval rating he continues to enjoy in the South-East (91%). Survey Methods The opinion poll was conducted in June 23th to 24th 2014. It involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited, No.1 for country-specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgement as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. June 10th, 2014 – The latest NOIPolls Portfolio of Indices results released have revealed that the NOIPolls Personal Well-Being Index (PWBI) increased slightly by 1.3-points to stand at 43 in May 2014. More findings revealed that there were improvements in all the indicators that make up the NOIPolls Personal Well-Being Index except for Religion. The highest increases were observed in Economic Situation with 4-points and Personal Security which picked up by 3.9-pointsfollowing a continuous decline from January 2014. In addition, the NOIPolls Consumer Confidence Index (CCI) for May 2014 increased marginally by 2.4-points to stand at 71.1. There was an increase observed in both indicators that form the Consumer Confidence Index; the Present Situation Index (PSI) and the Expectation Index (EI) by 2.2 and 2.5-pointsrespectively. These are the key highlights from the May 2014 Portfolio of Indices Result Release. In February 2014, NOIPolls officially unveiled its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minority conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy and the business environment in Nigeria. This report presents the May 2014 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for May 2014 stands at 43; this represents a slight1.3-point upturn in the perception of Nigerians about their personal well-being. An evaluation of the individual indicators that make up the PWBI highlight differences in the level of fulfillment of Nigerians on several aspects of their lives. Nigerians are most satisfied in terms of Religion(86.5); Social Interaction (74.7) and Physical Health (74.0). Furthermore, Nigerians are somewhat neutral in terms of Achievement in Life (53.9), Standard of Living (50.9) andPersonal Security (51.6) while Nigerians are clearly not fulfilled with their Personal Economic Situation (40.1); this has remained the lowest ranked indicator since January 2014. Monthly trend analysis revealed an upward trend in all indicators except for Religion; this culminated in the overall well-being index of Nigerians increasing slightly by 1.3-point in May 2014. Again, comparing current findings with the April 2014 results reveals that the highest increases were observed in Economic situation with 4-points and Personal Security which picked up by 3.9-points after a continuous decline since January 2014. The only decline was observed in Religion with 0.4-points; this has remained the highest ranked indicator sinceJanuary 2014. Furthermore, trend analysis shows that the NOIPolls Personal Well-being Index has maintained an upward movement since March 2014 (which represents the lowest point); a total 1.7-pointincrease from March. To read more on NOIPolls Personal Well-Being Index for April, click here. The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for May 2014 stands at 71.1. This result generally indicates that Nigerians are reasonably confident about their current personal situation and the state of the economy; it also shows that Nigerians are optimistic about the future. The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). In May, the Present Situation Index of 62.4 confirms that Nigerians are slightly positive about their present personal and economic situation. The Present Situation Index has been on the increase since February 2014. Similarly, the Expectation Index of 77.6 shows that consumers are highly expectant about the future. In May 2014; the PSI and the EI indices increased by 2.2 and 2.5-points respectively. Trend analysis revealed that overall the CCI increased by 2.4-points to 71.1 in the month ofMay 2014. This was generally impacted by the PSI and the EI indices that increased by 2.2 and2.5-points respectively. This shows that Nigerians are more optimistic about their expectations for the future in May 2014 when compared to April. To read more on NOIPolls Consumer Confidence Index for April, click here. Conclusion The NOIPOlls Personal Well-Being Index increased to 43 in May 2014 revealing that Nigerians are satisfied with their personal well-being. This figure represents a 1.3 upturn in the PWBI; which has continued to rise since March 2014. In addition, there were improvements in all the indicators that make up the Personal Well-Being Index except for Religion. The highest increases were observed in Economic situation with 4-points and Personal Security which picked up by 3.9-points after a continuous decline from January 2014. Also, the NOIPolls Consumer Confidence Index for May 2014 increased by 2.4-points to stand at 71.1. This was impacted by both the Present Situation Index (PSI) and the Expectation Index (EI) which make up the Consumer Confidence Index increasing by 2.2 and 2.5-points respectively. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of April 2014. The PWBI involved telephone interviews of a random nationwide sample.1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No.1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. May 20th, 2014 – The First Quarter (Q1) results of the Petrol Price Monitoring Polls conducted by NOIPolls Limited revealed a significant 47-point increase in the proportion of Nigerians who bought petrol above the official pump price from January (31%) to March 2014 (78%). The result obtained in March 2014 represents the HIGHEST proportion of respondents who purchased petrol above N97 in the 15 months of conducting the Petrol Price Monitoring Polls which started from January 2013. Furthermore, the quarterly average ( Q1) shows that the majority (53%) purchased petrol above the official pump price of N97 with the highest obtained in the North-East and South-East zones; while 44% purchased at the official price. This quarter’s figure represents the second highest obtained in the quarterly trend on the purchase of petrol above the official price, after peaking in Q1 2013 (58%). More findings revealed that on average, 64% of Nigerians bought petrol from major marketer filling stations in the 1st quarter of2014. However, monthly trend analysis shows a downward trend with a substantial 32-Pointdecline from January (78%) to March (46%) in the proportion of Nigerians who purchased petrol from major marketer filling stations. These findings highlight the adverse effect of the crippling fuel scarcity experienced across Nigeria in the first quarter of 2014[1]. These are some of the findings of the Petrol Price Monitoring Polls conducted in Quarter 1, 2014. In January 2012, the Petroleum Products Pricing Regulatory Agency (PPPRA) along with government announced an increase in the price of petrol from N65 to N141 as a result of the removal of subsidy for the reason that over a trillion Naira was spent in 2011 on subsidy. Subsidy has been defined as money given by the state or public body to keep down cost of commodities. Some people see it as a form of protectionism or trade barrier because domestic goods are made affordable artificially. Within the Nigerian petroleum pricing context, subsidy would then mean selling petrol below the cost of production or importation. The removal of the fuel subsidy led to days of protest by Nigerians led by organised labour and civil societies who were unhappy about the perceived hardship this action would cause Nigerians and the lack of notice by the government to carry out such plans. In line with this, the government as a stop-gap measure partially removed subsidy, thereby bringing the official pump price of petrol to N97. In January 2014, Nigeria experienced a fresh round of acute scarcity in the supply of petrol nationwide that persisted over the first quarter. According to the Major Oil Marketers Association of Nigeria (MOMAN), this was triggered by the delay of the Petroleum Products Pricing Regulatory Agency (PPPRA) in releasing the approval for the first quarter fuel importation[2]. The purpose of this series of polls is to monitor and analyse the current pump price and uses of petrol in Nigeria, as well as to measure the perception of Nigerians towards the petrol price differences at various points of sale and the removal of fuel subsidy. Key Findings Over 1,500 respondents were interviewed in the three months of Quarter 1 (January-March 2014) and the respondents were asked the same ten questions for each monthly poll, four of these questions will be reviewed in this press release. For full details of the findings please e-mail: editor@noi-polls.com. The point of petrol purchase was monitored monthly; respondents were asked: Where do you mainly buy petrol from? Findings revealed that an average of 64% of Nigerians (representing the majority) bought petrol from major marketer filling stations in the 1st quarter of 2014. In addition, an average of 28% of Nigerians bought from independent marketer filling stations while 8% bought from hawkers. An assessment of petrol purchase by geo-political zones revealed that the South-West zone has the highest percentage of respondents (76%) who bought petrol from major marketer filling stations. The South-East zone has the highest percentage of Nigerians who bought from independent marketer filling stations with 44%, while the North-East zone (13%) has the highest percentage of people who purchased petrol from hawkers. Further monthly trend analysis revealed a downward trend in the proportion of Nigerians who purchased petrol from major marketer filling stations; there was a 9-point decline from January (78%) to February (69%) and a further 23-point decline in March (46%). January recorded the largest proportion (78%) of Nigerians who bought petrol from major marketer filling stations, while the month of March which recorded the lowest purchase of fuel from major marketer filling station (46%), also recorded the highest proportion of respondents who bought fuel from independent marketer filling station. The observed shift in point of purchase trends is likely to be as a result of the fuel scarcity which was experienced in the first quarter of 2014. [1] The Punch Newspaper – March 16th 2014; Fuel Scarcity persists nationwide [2] The Daily Independent – January 18th 2014; Nationwide Fuel Scarcity looms as Marketers groan under importation In order to estimate the average price of petrol in Nigeria and measure the percentage of Nigerians that buy above the official pump price, the respondents to the poll were asked: How much do you normally buy petrol? Results show that Nigerians bought petrol at different prices in Q1; 53% of Nigerians purchased petrol above the official price of N97, while 44%purchased petrol at the official pump price and 3% claim they purchased petrol bought below the official price. Petrol price analysis by geo-political zones revealed that the North-East and South-East zones accounted for the highest proportion of respondents who purchased petrol above the official pump price of N97 with 68% each. Furthermore, the highest proportion of respondents who bought petrol at N97 were from the North-Central zone (57%); the South-West zone accounted for the highest proportion of respondents who bought petrol at N100 (18%), while the North-East zone (21%) had the highest proportion of respondents who bought petrol above N130. The purchase of petrol at the official pump price was highest in January (65%), which also recorded the highest purchase of petrol from major marketer filling stations; while the highest purchase of petrol above the official pump price was recorded in March (78%); which also recorded the highest purchase of petrol from independent marketer filling stations and petrol hawkers as shown in a previous chart. In addition there was a drastic 47-point increase in the proportion of Nigerians who bought petrol above the official pump price from January (31%) to March (78%). A cross tabulation of the price paid per litre of petrol by point of purchase revealed that the majority (58%) of respondents who purchased petrol from major marketer filling stations bought at the official price (N97). Furthermore, the slim majority of respondents that bought from independent marketer filling stations purchased at N97 (22%) closely followed by 21% that purchased at N100 and 20% that bought at N120. In addition, the majority of respondents(65%) who bought from petrol hawkers bought above N130 With the aim of assessing the opinion of Nigerians on the possible reasons for petrol price disparity at the points of sale; respondents were asked: What do you think is responsible for the difference in the pump price of petrol across filling stations? Majority of the respondents (51%) reported that the difference in the price of petrol stems from the lack of monitoring of petrol stations by the government. In addition, 24% of the respondents indicated that “filling stations are exploiting the public by hoarding petrol”; implying that filling stations create an artificial scarcity to take advantage of petrol price inflation. Furthermore another 24%felt that the disparity in the price of petrol is because the cost of importing petrol is not the same for all marketers. Analysis by geo-political zones shows that the South-South zone (56%) has the highest proportion of respondents who blamed the government for not monitoring the filling stations. In addition, the North-East zone (29%) has the largest proportion of respondents that were of the view that the cost of importing petrol is not the same for all marketers, while the South-East zone (31%) accounts for the highest proportion of respondents that feel the petrol stations are exploiting people by hoarding fuel. In order to assess the level of support of Nigerians on the partial removal of subsidy and possible future removal of subsidy, the respondents were asked: Are you in support of the Government’s decision to remove fuel subsidy? Majority of the respondents (57%) are not in support of the subsidy removal while 43% are in support. Furthermore the South-East zone (56%), accounted for the highest proportion of respondents in support of subsidy removal while the North-West (64%) has the majority of respondents against the petrol subsidy removal. Monthly trend analysis shows that over Q1, the proportion of respondents in support of subsidy removal was highest in January 2014 (46%) In conclusion, findings from this poll have revealed a drastic 47-point increase in the proportion of Nigerians who bought petrol above the official pump price from January (31%) to March 2014 (78%). Furthermore, the majority of Nigerians (53%) purchased petrol above the official pump price of N97. More findings revealed that that on average 64% of Nigerians bought petrol from major marketer filling stations in the 1st quarter of 2014. However, monthly trend analysis shows a downward trend with a significant 32-Point decline from January (78%)to March (46%) in the proportion of Nigerians who purchased petrol from major marketer filling stations. These findings highlight the adverse effect of the fuel scarcity experienced nationwide in Q1 2014[1]. Furthermore, the majority of respondents (58%) who purchased petrol from major marketer filling stations bought at the official price (N97); while majority of respondents who purchased petrol from Independent marketer filling stations (78%) and petrol hawkers(94%) bought above the official price. In addition, 51% of the respondents reported that the differences in the price of petrol resulted from the lack of monitoring of petrol stations by government. Finally, poll results show the majority of the respondents (57%) are not in support of the subsidy removal. Survey Methods The opinion poll was conducted monthly over the first quarter of 2014; January to March 2014. It involved telephone interviews of a random nationwide sample of over 1,500 phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited is Nigeria’s leading opinion polling and research organisation, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. May 13th, 2014 – The Portfolio of Indices Results released by NOIPolls has revealed that the NOIPolls Personal Well-Being Index stands at 41.7 in April 2014 indicating that Nigerians have maintained a neutral stance in terms of their personal well-being. This represents a 0.4-point improvement after the continuous downward trend observed since January 2014. More findings revealed there were improvements in all the indicators that constitute the Personal Well-Being Index except for Personal Security which experienced a further decline. Similarly, the NOIPolls Consumer Confidence Index remained steadily at 68.7 in April after experiencing a similar downward trend from January 2014. These are the key points from the April 2014 Portfolio of Indices Result Release. In February 2014, NOIPolls officially unveiled its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. This report presents the April 2014 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minority conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy and the business environment in Nigeria. The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for April 2014 stands at 41.7; when compared withMarch 2014, there was a marginal improvement in the personal wellbeing of Nigerians. Assessments of the individual indicators that constitute the PWBI highlight variations in the level of satisfaction of Nigerians on various aspects of their lives. Nigerians are most satisfied in terms of Religion (86.9); this has remained the aspect of life Nigerians have shown the highest level of satisfaction over the past 16 months from January 2013; Social Interaction (74.3) andPhysical Health (71.7). Furthermore, in terms of Achievement in Life (51.6), Standard of Living(49.1) and Personal Security (47.7) Nigerians are mostly neutral; while Nigerians are obviously not satisfied with their Personal Economic Situation (36.1). Trend analysis of the individual indicators shows there was an increase in all the indicators except for Personal Security which experienced a further decline in April when compared to March 2014. Personal Security has continued its steady downward trend from January declining by 1.4-points in April and a total of 11-points over the past 4 months. In contrast, the highest increases were observed in Standard of Living and Economic Situation with 2-points each from March 2014. Overall, the Personal Well-Being Index picked up slightly by 0.4-points in April 2014 after the continuous downward trend observed from January 2014. To read more on NOIPolls Personal Well-Being Index for April, click here The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for April 2014 stands at 68.7. This result indicates that consumers are relatively positive about their individual state and stability of the economy. Thus, as consumers are optimistic, they would therefore be inclined to purchase more goods and services. This increase in spending will inevitably stimulate the whole economy. The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). In April, the Present Situation Index of 60.2confirms that Nigerians feel somewhat good about their present individual and economic situation. Likewise, the Expectation Index of 75.1 shows that consumers are very hopeful about the future. Trend analysis reveals that the CCI in April 2014 stands at 68.7; the same figure as in March 2014. However, the Present Situation Index increased by 1.5-points while the Expectation Index experienced a slight decline of 1.1-points from April compared to March 2014. In addition, it is pertinent to note that while the Present Situation Index continues to increase after a decline in February, the Expectation Index continues to decline from January, in a four-month trend. This continuous decline shows that Nigerians have continuously lowered their expectations for the future. Furthermore, the Consumer Confidence Index of Nigerians maintained a downward trend from January to March and remained steady from March to April 2014. To read more on NOIPolls Consumer Confidence Index for April, click here. Conclusion The Personal Well-Being of Nigerians with the NOIPolls Personal Well-Being Index for April 2014 stands at 41.7 indicating that Nigerians have maintained a neutral stance in terms of their personal well-being. This portrays a slight 0.4-point improvement after a continuous downward trend from January 2014. More findings revealed improvements in all the indicators that constitute the Personal Well-Being Index except for Personal Security which experienced a further decline. Similarly, the NOIPolls Consumer Confidence Index remained steady at 68.7 inApril 2014, after experiencing a downward trend from January 2014. Furthermore, the analysis of the 2 key indicators that constitute the CCI shows that the Present Situation Index increased by 1.5-points, while the Expectation Index experienced a slight 1.1-point decline inApril. Furthermore, while the Present Situation Index continues to improve after a decline inFebruary, the Expectation Index has continued its decline from January 2014. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of April 2014. The PWBI involved telephone interviews of a random nationwide sample.1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No.1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. April 29th, 2014 – Quarter 2 2014 Special Edition poll; The State of Security In Nigeria “S.o.S” poll released by NOIPolls Limited has revealed that mixed feelings have trailed the opinions of Nigerians regarding the state of the Country’s security. On one hand, when asked to rate the current state of security in the country, majority (76%) were of the opinion that the country is not secure. However, when asked to rate the state of security in their local communities, only 34% viewed their communities as insecure; an indication that one feels safer when the danger is not in close proximity.  Interestingly, a reverse of this is found in the North East region that views the country as much safer than their communities.  The results also revealed that a slight majority (47%) think security checkpoints are effective in deterring terrorist attacks; while 43% think they are ineffective. With regards to the “state of emergency”, majority (59%) think that the duration of the “state of emergency” should be extended in the North Eastern states where it was imposed, however the North East region had the majority who do not want an extension of the state of emergency. Finally, top key measures identified by Nigerians to help tackle security challenges in Nigeria are ‘Unity among religious leaders’ (18%); ‘Increased security within the Country/Borders’ (15%) and ‘Better motivation of Security personnel with Good pay/Equipment/Training’ (15%). These were the key findings from the Special Edition “State of Security” S.o.S Poll conducted in the week of April 21st, 2014. Brief Backgroun Insecurity in Nigeria has remained a top challenge facing Nigeria as a country over the past few years, this is clear in what Nigerians have pointed out as key issues the President and his administration should address over the last three years. Also the current state of security in the country has affected the President’s approval ratings in the last couple of months as incessant attacks across the country continued.  A combination of terrorist attacks, ethnic clashes and violent clashes within communities have further heightened the need to deal with the insecurity and its effect on lives and properties of the Nigerian people. In 2013, an estimate of  about 3,600 people was reported to have been killed from attacks launched by the Boko Haram sect since 2009 and in present times the death toll continues to rise. [1]  Some of the more recent attacks from the Boko Haram sect recorded in April 2014 include the bombing at the Nyanya bus terminal on the outskirts of Abuja which killed at least 75 people and injured so many others.  This major attack on the FCT highlighted the serious threat of the group to the nation as a whole. Barely 16 hours after the bomb explosion at a bus park in Nyanya, over 200 female students were abducted at night by members of the terrorist group Boko Haram from Government Girls’ Secondary School, Chibok in Borno State. [2] Against this background, NOIPolls conducted its Special Edition “State of Security” S.o.S Poll in the week of April 21st. The main objectives of the survey were to gauge the perceptions of Nigerians regarding the state of security within their local communities and the nation as a whole. Current poll results were compared with the results of the NOI-Gallup National Poll conducted in September 2013. Please download the full survey report of the S.o.S Poll here. Key Findings The first and second questions sought to determine the perception of Nigerians about security in the country as a whole and within their local communities. Respondents were asked: How would you currently rate security in the country/your local community? Survey results show that with regards to security in the country, majority (76%: 37%+39%) have a negative perception of security in the country as a whole describing it as ‘Not very Secure’ and ‘Not at all Secure’. Conversely, 24% (5%+19%) have a positive perception about security in Nigeria. The North-East has the highest proportion of residents that describe security in the country as ‘Very Secure’ (13%) and ‘Somewhat Secure’ (28%). The same region also has the lowest proportion of those that describe it as ‘Not very Secure’ (24%) and ‘Not at all Secure’ (35%). However, with regards to security in their local communities, the majority of Nigerians have a positive perception about security within their local community rating it as secure; 66% (39%+27%). In addition, 34% (21%+13%) have a negative perception about security in their communities describing it as not secure. The North-East and North-Central have the highest proportion of residents (29% each) that describe it as ‘Not very Secure’ and the North-West has the highest proportion (17%) who claim it is ‘Not at all secure’. The results from the questions show a reverse relationship between the troubled areas (North East region) and the rest of the country. Whilst  all other regions view the Country as not secure and their communities secure, the North East region views the country as secure  and their communities as not very secure. A trend analysis on the security in the country shows that the proportion of Nigerians that perceive the country as ‘Somewhat secure’ declined by 10-points from September 2013. On the other hand, those that indicated ‘Not at all Secure’ increased by 7-points. Again, comparing current results with the NOI-Gallup Poll reveal a steep 20-point increase in the proportion of Nigerians that perceive their local community as ‘Very Secure’. On the other hand, those that describes it as ‘Not at all Secure’ declined by 7-points. Furthermore, respondents were asked: How effective do you think security checkpoints are in deterring terrorist attacks?  Findings revealed that the slight majority 47% (13%+34%) think security checkpoints are effective in deterring terrorist attacks, closely followed by 43% (29%+14%) who think they are ineffective while 10% think they are neither effective nor ineffective. From the geo-political zone perspective, the North-West zone has the highest percentage (71%) of respondents who think security checkpoints are effective in deterring terrorist attacks while the South-West has the highest proportion (59%) that think they are ineffective. Analysis by age group reveals the 60+ group has the majority (55%) of those that think security checkpoint are ineffective while the 18-25 years age-group has the majority (51%) of those that think they are effective. To ascertain the perception of Nigerians regarding the extension of the duration of the state of emergency, respondents were asked: In your opinion, do you think that state of emergency should be extended in those states?  The majority (59%) think the state of emergency should be extended in the North Eastern states where it was imposed while 41% think it should not be extended. In-depth analysis by geo-political zone indicates that the North-East region where the state of emergency was actually imposed has the highest proportion of residents (64%) that think it should NOT be extended. This is also the only region where this is the majority opinion among residents. Finally, respondents were asked: What do you think should be done to tackle security challenges in Nigeria? The slight majority (18%) indicated that ‘Unity among religious leaders’ will help tackle security challenges in Nigeria. Other popular suggestions include ‘Increased security within the Country/Borders’, ‘Better motivation of Security personnel with Good pay/Equipment/Training’ (15% each) and ‘Everyone should be security conscious’ (13%). In conclusion, findings from the poll revealed that majority (76%) of Nigerians were of the opinion that the country is not secure when asked to rate the current state of security in the country. However, when asked to rate the state of security in their local communities, only 34% viewed their communities as insecure. Furthermore, the results revealed that a slight majority (47%) think security checkpoints are effective in deterring terrorist attacks; while 43% think they are ineffective. With regards to the “state of emergency”, majority (59%) think that the duration of the “state of emergency” should be extended in the North Eastern states where it was imposed. Finally, top key measures identified by Nigerians to help tackle security challenges in Nigeria are ‘Unity among religious leaders’ (18%); ‘Increased security within the Country/Borders’ (15%) and ‘Better motivation of Security personnel with Good pay/Equipment/Training’ (15%). Finally, top key measures identified by Nigerians to help tackle security challenges in Nigeria are ‘Unity among religious leaders’ (18%); ‘Increased security within the Country/Borders’ (15%) and ‘Better motivation of Security personnel with Good pay/Equipment/Training’ (15%). Survey Methods The opinion poll was conducted in April 23rd to 24th 2014. It involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com [1] http://www.aljazeera.com [2] www.vanguardngr.com

Abuja, Nigeria. April 15th, 2014 – Power Sector poll results released by NOIPolls Limited for the First Quarter of 2014 have revealed that an average of 63% (43%+20%) of Nigerians have experienced no improvement in their power supply, with 43% who experienced a worsened state and 20% having no difference at all. More findings revealed that an average of 63% (45%+18%) received less than 5 hours of continuous power supply daily with the majority (45%) receiving between 1-4 hours of continuous power daily and 18% receiving zero (0) hours of power supply. To this effect an average of 79% of Nigerians use alternative sources to augment their power supply and of this group, majority (72%) reported they experienced an increase in their spending on these alternative sources. Also observed was the decline of power supply to households over the quarter as those that experienced any improvement in their power supply fell from 44% in January to 37% in March 2014. These were the key findings from the Power Poll conducted in Quarter 1 (Q1), 2014. The aim of the power sector reform by the Federal Government is to improve efficiency, encourage private sector involvement to fortify the power sector which is considered as Nigeria’s priority platform for development. The Nigerian power sector saw an achievement of a milestone in the completion of the privatisation process, however in the post privatization era; the power sector continues to encounter several challenges. One of such which was revealed by the Minister of Power; Prof. Chinedu Nebo in an interview with the Leadership Newspaper in January is the issue of adequate gas supply to power plants. This he considered as the top most challenge facing the sector.[1] With the aim of monitoring the progress made so far in the power sector reforms in Nigeria, NOIPolls introduced its Quarterly Power Poll Report in April 2013 to explore the perception of Nigerians towards the power sector reforms, the amount of power supply received daily and expenditure on alternative sources of power. The result presented is the 1st in the quarterly series for 2014 following the 2013 quarterly reports. Key Findings With the aim of assessing the trends in power supply over Q1 2014, respondents were asked the following question: How would you describe power in your area in the past 1 month? The three months average over Q1 revealed that majority (63%: 43%+20%) of the respondents have experienced no improvement in power supply, while 37% (14%+33%) experienced an improvement. Furthermore, a trend analysis on the state of power across the three month reveals a worsened state of power in March compared to January and February. This is evident on the fact there was an 18-point increase in the total proportion of respondents that reported power remains bad and it’s very bad, has gone worse from January(36%: 24%+12%) to March (54%: 29%+25%). [1] http://leadership.ng/ To further evaluate the state of power through an assessment of the length of hours of power supply generally received by Nigerian households daily, respondents were asked: On the average, how many hours of continuous power supply does your household experience daily? Averages of the three months in Q1 showed that majority (45%) of Nigerians received between 1-4 hours of continuous power daily; 18% reported they received no power supply at all and another 18% claimed they receive between 5-9 hours of continuous power. Furthermore the month of March recorded the highest proportion of Nigerians who received between 1-4 hours of continuous power supply daily. These findings further supports the previous which revealed a worsened state of power in March as it recorded the highest proportion of respondents who received less than 5 hours of power supply daily (73%: 53%+20%). Subsequently, with the aim of measuring the proportion of Nigerians that use alternative sources, respondents were asked: Do you use any alternate source of electricity supply such as generators or inverters?Averages across the three months in Q1 2014 depicts that the proportion of respondents that use alternative source of power has almost remained constant with the peak observed in February (81%) and an average of 79%for the three months. It is pertinent to note that the month of March which recorded the worst supply of power across the three months in Q1, accounted for the least proportion of respondents that use alternate sources of power supply. This may have been as a result of the fuel (which is essential in running some types of generators) scarcity during this period. Furthermore, in order to evaluate the spending patterns of households on alternate sources of power supply, respondents were asked: How would you describe the amount you currently spend on alternative power compared to a year ago? A three months trend analysis in Q1, 2014 illustrates a continuous increase in the spending of Nigerians on alternative sources of power supply. A 4-point increasein the proportion of Nigerians that saw a drastic increase in their spending was experienced from January (50%) to February (54%)and then a significant increase in the same group by 14-Points from February to March (64%). Furthermore, averages over the three months revealed that 57% of the respondents who use alternate sources of power to augment their power supply experienced a drastic increase in their spending on these sources, 15%indicated a slight increase while another 15% claimed their spending remained the same. In addition, 9% of the respondents experienced a slight decrease and 4% saw a drastic decrease in their spending on alternate sources of power. In assessing the level of awareness of Nigerians on the reforms in the power sector, respondents were asked: Are you aware that the Federal Government is making efforts to reform the power sector? Findings revealed that the level of awareness was relatively constant across the three months with an average of 73% of adult Nigerians who are aware of the power sector reforms. However, there was a 1-point decrease in awareness from January (73%) to February (72%) and a 3-Point increase in March (75%). Finally, respondents were asked: How do you feel about these on-going power reforms? Findings revealed that an average majority of 68% (22%+46%) are hopeful about the reforms, 16% (12%+4%) are dissatisfied while 16% are indifferent as they are neither hopeful nor dissatisfied about the power sector reforms. Furthermore, findings in Q1 revealed a 6-point decrease in the proportion of respondents that are hopeful about the power reforms from January (71%: 21%+50%) to February (65%: 26%+39%) and a 3-point increase in March (68%: 18%+50%). In conclusion, findings from the Q1, 2014 power poll have revealed that an average of 63% (43%+20%) of Nigerians have experienced no improvement in their power with, 43% who experienced a worsened state and20% having no difference. More findings revealed that majority (45%) of Nigerians received 1-4 hours of continuous power daily. To this effect an average of 79% of Nigerians use alternative sources to augment their power supply and majority 72% reported they experienced an increase in their spending on alternate sources. Additionally, the majority of Nigerians (73%) are aware of the power sector reforms by the Federal Government and of this group, 68% are hopeful about on-going reforms in the Power Sector. Finally, the challenges faced by the power sector in the post privatization era have obviously negatively impacted the supply of power to Nigerian households especially in the month of March. In order to fully yield the intended benefits of the privatization of the power sector, the generating and distributing companies in collaboration with other stakeholders will have to rise up with a new age strategy (which could be borrowed from countries who have an efficient power sector) to tackling these issues which seems to have always been present from the history of the Nigerian power sector. Survey Methods The opinion poll was conducted between January and March 2014. It involved telephone interviews of a random nationwide sample of over 3,000 phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. NOIPolls Limited is the No.1 for country-specific polling services in West Africa. We work in technical partnership with the Gallup Organisation (USA) to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. April 8th, 2014 – The Portfolio of Indices report released by NOIPolls Limited has revealed that the NOIPolls Personal Well-Being Index stands at 41% in March 2014 indicating a 1-point drop fromFebruary. Furthermore, the NOIPolls Consumer Confidence Index for March shows a significant 12-pointsdeclinefrom February 2014 results. These are the key highlights from the March Portfolio of Indices Press Release. In February 2014, NOIPolls officially unveiled its portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations of the Nigerian business environment using the top 30 companies in the country. This report presents the March 2014 results for the NOIPolls Personal Well-Being Index (PWBI) and NOIPolls Consumer Confidence Index (CCI). Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minority conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behavior, the economy, and the business environment in Nigeria. The NOIPolls Personal Well-Being Index (PWBI) The NOIPolls Personal Well-Being Index for March 2014 stands at 41.3%; which signifies a slight downward shift in the well-being of Nigerians from the previous month. Additionally, analysis of the individual indicators that make up the Well-being Index reveal that Nigerians are more satisfied with certain aspects of their lives than others. For instance, Nigerians are highly satisfied in terms of Religion (86.5%), Social interaction (72.8%) and Physical health (71.6%). Similarly, Nigerians are mostly neutral with respect to their Achievement in life (51.4%), Personal security (49.1%), and Standard of living (47.1%) while Nigerians are obviously not satisfied with their Personal economic situation (34.1%). When current findings are compared with February 2014 results, it reveals there was a drop across 4 of the indicators that make up the Personal Well-being Index while the overall index dropped by 1 point. The largest increase was observed in Health (1.8 points) while the largest declines were observed in personal security (6.6 points) and economic situation (2.3 points). In Nigeria, both factors are often interconnected such that the current security challenge of an individual often affects that person’s economic situation. For instance, insecurity and uncertainty experienced in some regions within Nigeria have had a negative impact on the economic activities in those areas. Quarterly trend analysis shows that the personal well-being index of Nigerians experienced a total decline of 2.72-points over the first quarter of 2014. The NOIPolls Consumer Confidence Index (CCI) The NOIPolls Consumer Confidence Index for March 2014 stands at 68.7. This result indicates that consumers remain somewhat positive about their personal state and stability of the economy. In general, this should lead to the purchase of more goods and services and eventually stimulate economic growth. The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). In March, the Present Situation Index of 58.57 shows that Nigerians feel slightly good about their present personal and economic situation. Similarly, the Expectation Index score of 76.2 reveals that consumers are highly optimistic about the future. Trend analysis shows that the overall CCI dropped by 12-points; the Present Situation Index increased by 2-points while the Expectation Index experienced a highly significant 20-points decline. This drop shows that Nigerians have significantly lowered their expectations for the future by March compared to February 2014. This can be linked to 2013 PWBI results conducted by NOIPolls that suggests Nigerians start the year being highly optimistic and this gradually drops over the course of the year as the reality of their present situation encroaches on their future expectations. This is significant in the light of March CCI results where the Expectation Index experienced a sharp decline and the Present Situation Index experienced a slight increase. Quarterly trend analysis shows that the personal well-being index of Nigerians experienced a total decline of 15.3–points over the first quarter of 2014. Conclusion The Personal Well-Being of Nigerians with the NOIPolls Personal Well-Being Index stands at 41% in March 2014 indicating a slight 1-point drop from February (42%). Furthermore, the NOIPolls Consumer Confidence Index for March experienced a significant 12-points declinefrom February (80%). Analysis of the individual indicators that make up the PWBI shows that the largest declines were observed in Personal security (6.6 points)and Economic situation (2.3 points). Additionally, the NOIPolls Consumer Confidence Index for Marchdeclined by 12-points to 68%. Analysis of the 2 key indicators that constitute the CCI shows that the Present Situation Index increased by 2-points while the expectation Index experienced a significant 20-points decline.This drop shows that Nigerians are less optimistic about their future expectations in March compared toFebruary 2014. This can also be linked to 2013 PWBI results that suggest Nigerians start the year being highly optimistic and this gradually drops over the course of the year as the reality of their present situation encroaches on their future expectations. Survey Methods The Personal Well-Being Index and Consumer Confidence Index Polls were conducted in the month of March 2014. The PWBI involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 3%. In addition the CCI involved telephone interviews of a random nationwide sample. 4,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of plus or minus 2%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

Abuja, Nigeria. February 11th, 2014 – Maintaining our stance as a dynamic and innovative public opinion polling and research organization in Nigeria and the West African region, NOIPolls Limited is excited to introduce our portfolio of indices; the NOIPolls Personal Well-Being Index (PWBI), the NOIPolls Consumer Confidence Index (CCI) and the NOIPolls Eagle 30 Business Confidence Index (EBCI). The NOIPolls Personal Well-Being Index measures factors impacting on the lives of everyday Nigerians; thereby producing a complete view of the individual’s personal well-being. The NOIPolls Consumer Confidence Index provides consumer assessments of the economic situation and their intentions and expectations for the future. The NOIPolls Eagle 30 Business Confidence Index measures business leaders’ perceptions and expectations about the Nigerian business environment using the top 30 companies in the country. Nigerian businesses, financial and government agencies largely depend on their perceptions and micro assessment of consumers’ expectation in making decisions. At best, they draw conclusion on the business environment based on information from their immediate surroundings while the minority conduct surveys that are time and money consuming. However, the introduction of these indices provides indicators that will ensure stakeholders can detect and respond to changes in consumer behaviour, the economy, and the business environment in Nigeria. Summary of Portfolio of Indices for January 2014 IndexJanuary 2014The NOIPolls Personal Well-Being Index (PWBI)44.1The NOIPolls Consumer Confidence Index (CCI)83.9The NOIPolls Eagle 30 Business Confidence Personal Index (EBCI)To be released in March 2014 The NOIPolls Personal Well-Being Index (PWBI) NOIPolls started monthly polls for the NOIPolls Personal Well-Being Index in January 2013, seven key indicators were used to measure the PWBI; these were Standard of Living, Health, Achievement in Life, Personal Security, Social Interaction, Religion, and Economic Situation. The average NOIPolls Personal Well-Being Index for 2013 was 41.6%. This indicates that Nigerians were mostly neutral about their personal well-being in 2013. In February (41.3%), August (40.5%), November (41.4%) and December (37.5%), the Index was lower than the yearly average. The peak of the Index results was observed in January (42.9%) while the lowest result was recorded in December (37.5%) showing that Nigerians were neutral about their personal well-being in January 2013, but dissatisfied by December 2013. A total of 12,000 randomly selected Adult Nigerians were polled nationwide. The PWBI for January 2014 is put at 44.1%. This shows that there was an increase of 2.5% from the yearly average of41.6%. Also when the present reading of 44.1% is compared to the PWBI of January 2013 which was 43.0%, it indicates that there was a slight improvement in the personal well being of Nigerians compared to the same time last year. Please read more on the NOIPolls PWBI here The NOIPolls Consumer Confidence Index (CCI) NOIPolls started monthly polling for the NOIPolls Consumer Confidence Index in January 2014. The score for January 2014 is 83.9. This score indicates that consumers are positive about their personal state and stability of the economy. In general, this optimism is expected to result in the purchase of more goods and services and ultimately stimulate economic growth. The NOIPolls Consumer Confidence Index comprises of 2 independent variables; the Present Situation Index (PSI) and Expectation Index (EI). The Present Situation Index of 64.7, shows that Nigerians feel good about their present personal and economic situation. Also, the Expectation Index score of 96.9 reveals that consumers are highly optimistic about the future. A total of randomly selected 4,000 Adult Nigerians are polled monthly. Since this is our first reading, we clearly cannot identify trends. Once we have a track record of several months, we will be able to draw some conclusions on the patterns observed. The NOIPolls Consumer Confidence Index (CCI)83.9Present Situation Index (PSI)64.7Expectations Index (EI)96.9 Please read more on the NOIPolls CCI here The NOIPolls Eagle 30 Business Confidence Index (EBCI) NOIPolls has conducted the NOIPolls Eagle 30 Business Confidence Survey biannually over a 5 year period; in 2009, 2010, 2011, 2012 and 2013. The NOIPolls Eagle 30 Business Confidence Survey captures the opinions of C-level executives from thirty (30) leading companies in Nigeria and provides information about the existing business environment and short term business outlook. The surveys were conducted bi-annually and published as the NOIPolls Eagle 30 Business Confidence report. As from March 2014, NOIPolls introduces the NOIPolls Eagle 30 Business Confidence Index which will be an indicator of Business Leaders’ perceptions about the Business Environment based on survey questions. Please read more on the 5-year EBCI here. Benefits We believe the different indices can be used as key indicators to measure economic growth, consumer behaviour, the prevailing business environment and impact of policies on the population. The introduction of our portfolio of indices is key to enabling stakeholders in all major sectors of the Nigerian economy and across the Globe to make informed decisions. They also serve as key pointers to would be investors in the Nigerian Economy to enable strategic entry into the country. Also Journalists, the Academia and other experts can benefit from this unprecedented resource of behavioural data to inform their research and reporting. Overall we are quite excited to be charting these new waters in research and data management in Nigeria and look forward to introducing more indices to our portfolio as we grow. The Editor editor@noi-polls.com