Nigeria Three Month Interbank Rate (Nibor) was at 0.18 percent on Tuesday November 24. source: Central Bank of Nigeria
Interbank Rate in Nigeria averaged 13.36 percent from 2007 until 2020, reaching an all time high of 38.96 percent in September of 2013 and a record low of 0 percent in November of 2017. This page provides - Nigeria Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Three Month Interbank Rate (Nibor) - values, historical data and charts - was last updated on November of 2020.
Interbank Rate in Nigeria is expected to be 0.57 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Nigeria to stand at 0.57 in 12 months time. In the long-term, the Nigeria Three Month Interbank Rate (Nibor) is projected to trend around 0.57 percent in 2021 and -0.43 percent in 2022, according to our econometric models.