Lending Rate in Nigeria decreased to 17.86 percent in August from 19.06 percent in July of 2026. Lending Rate in Nigeria averaged 14.20 percent from 1961 until 2026, reaching an all time high of 37.80 percent in September of 1993 and a record low of 6.00 percent in April of 1975. source: Central Bank of Nigeria
Lending Rate in Nigeria is expected to be 17.86 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Lending Rate is projected to trend around 14.86 percent in 2027 and 12.86 percent in 2028, according to our econometric models.