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Nigeria Deposit Interest RateNN

Nigeria Deposit Interest Rate

11.19%R
−0.35−3.03%
%
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NGDIR chart


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Key data points


Last release
—
Observation period
Mar 2025
Next release
—
Forecast
—
Highest
27.00 % on Sep 30, 1993
Lowest
2.00 % on Aug 31, 1977

About Nigeria Deposit Interest Rate


Category
Money
Source
Central Bank
Frequency
Monthly
Units
%
The Deposit Interest Rate is Nigeria refers to Weighted Average 3 Month Deposit Rates in Commercial Banks.

Nigeria in figures — see more economic indicators tied to NGDIR.
NGCRR
R
Cash Reserve Ratio
50%
NGDIR
R
Deposit Interest Rate
11.19%
NGFER
R
Foreign Exchange Reserves
38.32 BUSD
NGINBR
R
Interbank Rate
27.32%
NGINTR
R
Interest Rate
27.5%
NGLR
R
Central Bank Lending Rate
17.96%
NGM0
R
Money Supply M0
5 TNGN
NGM1
R
Money Supply M1
38.55 TNGN
NGM2
R
Money Supply M2
114.2 TNGN
NGM3
R
Money Supply M3
114.22 TNGN