Nigeria Lending Rate

Lending Rate in Nigeria increased to 18.23 percent in April from 14.92 percent in March of 2019. Lending Rate in Nigeria averaged 14.12 percent from 1961 until 2019, reaching an all time high of 37.80 percent in September of 1993 and a record low of 6 percent in April of 1975.

Lending Rate in Nigeria is expected to be 16.08 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Nigeria to stand at 16.08 in 12 months time. In the long-term, the Nigeria Lending Rate is projected to trend around 17.08 percent in 2020, according to our econometric models.

1Y 5Y 10Y MAX

width

height

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Nigeria Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	13.50	13.50	14.00	6.00	percent	[+]
Cash Reserve Ratio	22.50	22.50	31.00	1.00	percent	[+]
Money Supply M0	2111848.42	2158698.81	2329706.58	193939.30	NGN Million	[+]
Money Supply M1	11252429.94	10945250.06	11751139.21	396991.90	NGN Million	[+]
Money Supply M2	34897619.81	35167529.95	35167529.95	648506.60	NGN Million	[+]
Foreign Exchange Reserves	45090.00	44790.00	62081.86	63.22	USD Million	[+]
Deposit Interest Rate	9.48	9.68	27.00	2.00	percent	[+]
Lending Rate	18.23	14.92	37.80	6.00	percent	[+]
Money Supply M3	35116968.08	34255438.69	35116968.08	10478417.29	NGN Million	[+]

This page provides - Nigeria Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Lending Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.