Interbank Rate in Nigeria increased to 21.06 percent on Wednesday September 30 from 20.92 in the previous day. Interbank Rate in Nigeria averaged 12.90 percent from 2006 until 2026, 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 21.06 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 18.06 percent in 2027 and 16.06 percent in 2028, according to our econometric models.