Nigeria Three Month Interbank Rate (Nibor) was at 9.70 percent on Thursday June 30. source: Central Bank of Nigeria

Interbank Rate in Nigeria averaged 12.89 percent from 2007 until 2022, 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 June of 2022.

Interbank Rate in Nigeria is expected to be 9.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Three Month Interbank Rate (Nibor) is projected to trend around 11.20 percent in 2023 and 9.70 percent in 2024, according to our econometric models.

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Nigeria Three Month Interbank Rate (Nibor)



Related Last Previous Unit Reference
Interest Rate 13.00 11.50 percent May 2022
Cash Reserve Ratio 27.50 27.50 percent Jun 2022
Interbank Rate 9.70 9.70 percent Jun 2022
Money Supply M1 20608106.85 19850944.01 NGN Million May 2022
Money Supply M0 3331796.22 3308553.20 NGN Million May 2022
Money Supply M2 48555975.14 47213250.48 NGN Million May 2022
Foreign Exchange Reserves 39090.00 38540.00 USD Million Jun 2022
Deposit Interest Rate 4.44 4.41 percent Apr 2022
Money Supply M3 46542025.44 45654456.11 NGN Million Apr 2022
Lending Rate 11.83 11.84 percent Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
9.70 9.70 38.96 0.00 2007 - 2022 percent Daily