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Inter-Bank Rates


DateRate TypeRate RangeWeighted Average
12/13/2018OBB Rate11.0000-20.000015.3700
12/12/2018OBB Rate16.0000-75.000045.85
12/11/2018Call Rate60.0000-60.000060.0000
OBB Rate40.0000-95.000063.0000
12/10/2018OBB Rate14.0000-30.000020.3400
OBB Rate25.0000-50.000033.7600
12/7/2018Call Rate25.0000-30.000028.0000
12/6/2018Call Rate10.0000-10.000010.0000
OBB Rate5.0000-14.00007.5900
12/5/2018OBB Rate10.0000-15.000012.1700
12/4/2018OBB Rate4.0000-11.00007.8000
12/3/2018Call Rate7.0000-7.00007.0000
OBB Rate4.0000-20.00009.3500
11/30/2018OBB Rate5.0000-16.00012.2300
11/29/2018OBB Rate5.0000 - 16.000012.2300
11/28/2018Call Rate15.0000-18.000016.1500
OBB Rate12.0000-18.000016.96
11/27/2018OBB Rate15.0000 - 18.000016.1300
11/26/2018OBB Rate7.0000-16.000014.45
11/23/2018OBB Rate4.0000-11.00006.1600
11/22/2018OBB Rate4.0000-11.00005.6200
11/21/2018Call Rate10.0000-10.000010.0000
OBB Rate9.0000-12.0009.7200
11/19/2018Call Rate10.0000-10.000010.0000
OBB Rate7.0000-12.00009.5100
11/16/2018Call Rate5.0000-7.00006.0000
OBB Rate4.0000-8.00006.4600
11/15/2018Call Rate7.0000-7.00007.0000
OBB Rate5.0000-9.50006.6500
11/14/2018Call Rate5.0000-5.00005.0000
OBB Rate3.0000-9.00005.6000
11/13/2018Call Rate5.0000-5.00005.0000
OBB Rate4.0000-9.00006.2500
11/12/2018OBB Rate5.0000-9.00006.8400
11/9/2018OBB Rate3.0000-6.50004.77
11/8/2018OBB Rate1.5000-5.00003.6700
11/7/2018OBB Rate3.0000-6.00003.7200
11/6/2018OBB Rate1.0000-9.00005.2900
11/5/2018OBB Rate2.0000 - 5.00003.7200
11/2/2018OBB Rate2.0000-5.00003.3000


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Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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