Interbank Rate in Nigeria remained unchanged at 22 percent on Monday August 10. Interbank Rate in Nigeria averaged 12.82 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 22.00 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 20.00 percent in 2027 and 18.50 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Cash Reserve Ratio 45.00 45.00 percent Jul 2026
Deposit Interest Rate 10.05 9.89 percent Jun 2026
Foreign Exchange Reserves 51922.00 51290.00 USD Million Jul 2026
Interbank Rate 22.00 22.00 percent Aug 2026
Interest Rate 26.50 26.50 percent Jul 2026
Lending Rate 19.06 19.10 percent Jun 2026
Money Supply M0 5523298.28 5689981.32 NGN Million Jun 2026
Money Supply M1 44700810.23 44618638.73 NGN Million Jun 2026
Money Supply M2 133244656.93 129201004.57 NGN Million Jun 2026
Money Supply M3 133254321.42 129210667.02 NGN Million Jun 2026


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
22.00 22.00 193.95 0.00 2006 - 2026 percent Daily