Der Leitzins in Nigeria wurde zuletzt mit 27,50 Prozent verzeichnet. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Nigeria - Zinssatz.

Nigeria NG: Real Interest Rate data was reported at 5.817 % pa in 2017. This records a decrease from the previous number of 6.685 % pa for 2016. Nigeria NG: Real Interest Rate data is updated yearly, averaging 1.569 % pa from Dec 1970 (Median) to 2017, with 47 observations. The data reached an all-time high of 25.282 % pa in 1998 and a record low of -43.573 % pa in 1995. Nigeria NG: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Nigeria NG: Lending Interest Rate data was reported at 17.580 % pa in 2017. This records an increase from the previous number of 16.867 % pa for 2016. Nigeria NG: Lending Interest Rate data is updated yearly, averaging 16.849 % pa from Dec 1970 (Median) to 2017, with 47 observations. The data reached an all-time high of 31.650 % pa in 1993 and a record low of 6.000 % pa in 1977. Nigeria NG: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Lending Rate in Nigeria decreased to 18.49 percent in January from 18.56 percent in December of 2024. This dataset provides - Nigeria Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria NG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 6.753 % pa in 2016. This records a decrease from the previous number of 7.455 % pa for 2015. Nigeria NG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 6.753 % pa from Dec 1992 (Median) to 2016, with 25 observations. The data reached an all-time high of 14.577 % pa in 2009 and a record low of 2.473 % pa in 1999. Nigeria NG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics database.; ;

Interbank Rate in Nigeria decreased to 30.16 percent on Friday March 7 from 32.42 in the previous day. This dataset provides - Nigeria Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Nigeria decreased to 23.18 percent in February from 24.48 percent in January of 2025. This dataset provides - Nigeria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Forecast: Bank Lending Interest Rate in Nigeria 2024 - 2028 Discover more data with ReportLinker!

Nigeria’s inflation has been higher than the average for African and Sub-Saharan countries for years now, and even exceeded 16 percent in 2017 – and a real, significant decrease is nowhere in sight. The bigger problem is its unsteadiness, however: An inflation rate that is bouncing all over the place, like this one, is usually a sign of a struggling economy, causing prices to fluctuate, and unemployment and poverty to increase. Nigeria’s economy - a so-called “mixed economy”, which means the market economy is at least in part regulated by the state – is not entirely in bad shape, though. More than half of its GDP is generated by the services sector, namely telecommunications and finances, and the country derives a significant share of its state revenues from oil.

Because it got high

To simplify: When the inflation rate rises, so do prices, and consequently banks raise their interest rates as well to cope and maintain their profit margin. Higher interest rates often cause unemployment to rise. In certain scenarios, rising prices can also mean more panicky spending and consumption among end users, causing debt and poverty. The extreme version of this is called hyperinflation: A rapid increase of prices that is out of control and leads to bankruptcies en masse, devaluation of money and subsequently a currency reform, among other things. But does that mean that low inflation is better? Maybe, but only to a certain degree; the ECB, for example, aspires to maintain an inflation rate of about two percent so as to keep the economy stable. As soon as we reach deflation territory, however, things are starting to look grim again. The best course is a stable inflation rate, to avoid uncertainty and rash actions.

Nigeria today

Nigeria is one of the countries with the largest populations worldwide and also the largest economy in Africa, with its economy growing rapidly after a slump in the aforementioned year 2017. It is slated to be one of the countries with the highest economic growth over the next few decades. Demographic key indicators, like infant mortality rate, fertility rate, and the median age of the population, all point towards a bright future. Additionally, the country seems to make big leaps forward in manufacturing and technological developments, and boasts huge natural resources, including natural gas. All in all, Nigeria and its inflation seem to be on the upswing – or on the path to stabilization, as it were.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Nigeria Prime Lending Rate data was reported at 18.490 % pa in Jan 2025. This records a decrease from the previous number of 18.560 % pa for Dec 2024. Nigeria Prime Lending Rate data is updated monthly, averaging 16.530 % pa from Jan 2006 (Median) to Jan 2025, with 229 observations. The data reached an all-time high of 19.660 % pa in Nov 2009 and a record low of 11.130 % pa in Mar 2021. Nigeria Prime Lending Rate data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M003: Lending Rates.

Nigeria Deposit Rate: Savings Deposits data was reported at 7.500 % pa in Jan 2025. This records a decrease from the previous number of 7.510 % pa for Dec 2024. Nigeria Deposit Rate: Savings Deposits data is updated monthly, averaging 3.600 % pa from Jan 2000 (Median) to Jan 2025, with 301 observations. The data reached an all-time high of 8.510 % pa in Mar 2002 and a record low of 1.250 % pa in Feb 2022. Nigeria Deposit Rate: Savings Deposits data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Nigeria Deposit Rate: Savings Deposits: 6 Months data was reported at 10.150 % pa in Oct 2018. This records an increase from the previous number of 9.760 % pa for Sep 2018. Nigeria Deposit Rate: Savings Deposits: 6 Months data is updated monthly, averaging 9.515 % pa from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 15.840 % pa in Feb 2009 and a record low of 3.500 % pa in Dec 2010. Nigeria Deposit Rate: Savings Deposits: 6 Months data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M002: Deposit Rates.

Indskudsrenten i Nigeria steg til 11,99 procent i januar fra 11,59 procent i december 2024. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Nigeria - Depotrenten.

Nigeria 10Y Bond Yield was 19.38 percent on Tuesday March 25, according to over-the-counter interbank yield quotes for this government bond maturity. Nigeria 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.