Nigeria Three Month Interbank Rate (Nibor) decreased to 11.23 percent on Tuesday July 16 from 11.84 percent in the previous trading day. Interbank Rate in Nigeria averaged 13.91 percent from 2007 until 2019, reaching an all time high of 38.96 percent in September of 2013 and a record low of 0 percent in November of 2017.

Interbank Rate in Nigeria is expected to be 12.43 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 12.43 in 12 months time. In the long-term, the Nigeria Three Month Interbank Rate (Nibor) is projected to trend around 13.43 percent in 2020, according to our econometric models.

Nigeria Three Month Interbank Rate (Nibor)
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 13.50 13.50 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2111848.42 2158698.81 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11385054.63 11252429.94 11751139.21 396991.90 NGN Million [+]
Money Supply M2 34897619.81 35167529.95 35167529.95 648506.60 NGN Million [+]
Foreign Exchange Reserves 45071.00 45123.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.48 9.68 27.00 2.00 percent [+]
Lending Rate 15.33 18.23 37.80 6.00 percent [+]
Money Supply M3 35116968.08 34255438.69 35116968.08 10478417.29 NGN Million [+]


Nigeria Three Month Interbank Rate (Nibor)

The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency. This page provides - Nigeria Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Three Month Interbank Rate (Nibor) - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.23 11.84 38.96 0.00 2007 - 2019 percent Daily




Country Last Previous
Argentina 66.53 Jun/19
Turkey 21.88 Jul/19
Mexico 8.51 Jun/19
Russia 8.32 May/19
South Africa 7.00 Jul/19
Indonesia 6.65 Jul/19
India 5.86 Jul/19
Brazil 5.49 Jul/19
Saudi Arabia 2.85 May/19
China 2.79 Jul/19
United States 2.30 Jul/19
Singapore 2.00 Jul/19
Canada 1.98 Jul/19
South Korea 1.67 Jul/19
Australia 1.25 Jun/19
United Kingdom 0.77 Jul/19
Japan -0.08 Jul/19
France -0.33 Jun/19
Germany -0.33 Jun/19
Italy -0.33 Jun/19
Netherlands -0.36 May/19
Spain -0.38 Jul/19
Euro Area -0.40 Jul/19
Switzerland -0.75 Jul/19


Related

Latest