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Data & Statistics | All CBN Publications

Money Market Indicators (In Percentage)
  - 2014
Month June July August
Inter-Bank Call Rate 10.50 10.50 12.72
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 12.00 12.00 12.00
Treasury Bill Rate 9.98 9.88 9.95
Savings Deposit Rate 3.42 3.41 3.24
1 Month Deposit Rate 8.46 8.40 8.09
3 Months Deposit Rate 9.30 9.35 8.54
6 Months Deposit Rate 9.52 9.47 8.70
12 Months Deposit Rate 9.19 9.11 7.47
Prime Lending rate 16.50 16.44 16.60
Maximum Lending Rate 26.07 26.07 25.07
       

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Note: The Bank replaced MRR with MPR on December 11, 2006

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Facts : 1/1/1900
Central Banking:The earliest known bank of issue is the Riksbank of Sweden (1656). Modern central banking started with Bank of England (1694). Central Bank of Nigeria began operations in 1959.
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