Lending Rate in Nigeria decreased to 11.83 percent in April from 11.84 percent in March of 2022. source: Central Bank of Nigeria
Lending Rate in Nigeria averaged 14.07 percent from 1961 until 2022, reaching an all time high of 37.80 percent in September of 1993 and a record low of 6 percent in April of 1975. This page provides - Nigeria Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Lending Rate - values, historical data and charts - was last updated on July of 2022.
Lending Rate in Nigeria is expected to be 11.83 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 13.33 percent in 2023 and 11.83 percent in 2024, according to our econometric models.