Nigeria Three Month Interbank Rate (Nibor) was at 10.38 percent on Wednesday August 10. source: Central Bank of Nigeria

Interbank Rate in Nigeria averaged 12.88 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 August of 2022.

Interbank Rate in Nigeria is expected to be 10.88 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 10.88 percent in 2023 and 9.38 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 14.00 13.00 percent Jul 2022
Cash Reserve Ratio 27.50 27.50 percent Aug 2022
Interbank Rate 10.38 10.38 percent Aug 2022
Money Supply M1 20392537.22 20608106.85 NGN Million Jun 2022
Money Supply M0 3259269.15 3331796.22 NGN Million Jun 2022
Money Supply M2 48797867.32 48555975.14 NGN Million Jun 2022
Foreign Exchange Reserves 39250.00 39090.00 USD Million Jul 2022
Deposit Interest Rate 4.55 4.70 percent Jun 2022
Lending Rate 12.29 11.96 percent Jun 2022
Money Supply M3 48556908.61 46542025.44 NGN Million May 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
10.38 10.38 38.96 0.00 2007 - 2022 percent Daily