Lending Rate in Nigeria decreased to 16.65 percent in August from 16.83 percent in July of 2018. Lending Rate in Nigeria averaged 14.10 percent from 1961 until 2018, reaching an all time high of 37.80 percent in September of 1993 and a record low of 6 percent in April of 1975.

Nigeria Lending Rate
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Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 14.00 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 1926382.16 1928744.27 2179174.28 193939.30 NGN Million [+]
Money Supply M1 10681493.86 10448156.83 11271506.82 396991.90 NGN Million [+]
Money Supply M2 25277071.26 24859346.47 25277071.26 648506.60 NGN Million [+]
Foreign Exchange Reserves 42128.00 44458.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 8.77 9.61 27.00 2.00 percent [+]
Lending Rate 16.65 16.83 37.80 6.00 percent [+]
Money Supply M3 33607642.22 34014493.81 34422668.24 10478417.29 NGN Million [+]


Nigeria Lending Rate

This page provides - Nigeria Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Lending Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
16.65 16.83 37.80 6.00 1961 - 2018 percent Monthly




Country Last
Turkey 25.50 Oct/18
South Africa 10.00 Apr/18
Indonesia 6.50 Oct/18
United Kingdom 1.00 Oct/18
Euro Area 0.25 Nov/18


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