Interbank Rate in Nigeria decreased to 26.56 percent on Friday August 1 from 26.58 in the previous day. Interbank Rate in Nigeria averaged 12.27 percent from 2006 until 2025, reaching an all time high of 193.95 percent in August of 2017 and a record low of 0.00 percent in May of 2006. source: Central Bank of Nigeria

Interbank Rate in Nigeria is expected to be 25.06 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria OBB Rate is projected to trend around 23.06 percent in 2026 and 22.06 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Cash Reserve Ratio 50.00 50.00 percent Aug 2025
Deposit Interest Rate 10.86 10.77 percent Jul 2025
Foreign Exchange Reserves 41268.00 39270.00 USD Million Aug 2025
Interbank Rate 26.56 26.58 percent Aug 2025
Interest Rate 27.50 27.50 percent Jul 2025
Lending Rate 18.54 18.19 percent Jul 2025
Money Supply M0 5007516.17 5014793.27 NGN Million Jun 2025
Money Supply M1 39917788.44 40375112.83 NGN Million Jun 2025
Money Supply M2 117485518.07 118992148.27 NGN Million Jun 2025
Money Supply M3 117496320.73 119005378.14 NGN Million Jun 2025



Nigeria OBB Rate
The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency.
Actual Previous Highest Lowest Dates Unit Frequency
26.56 26.58 193.95 0.00 2006 - 2025 percent Daily