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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
10/13/2023Call Rate1.00 - 1.001.00
10/12/20234-7 Days10.00 - 10.0010.00
OBB Rate1.00 - 12.001.63
10/11/2023OBB Rate1.00 - 14.008.74
Call Rate10.00 - 10.0010.00
10/10/2023OBB Rate0.50 - 2.001.20
10/9/2023OBB Rate0.50 - 1.000.92
10/6/2023OBB Rate0.50 - 1.000.94
10/5/2023OBB Rate1.00 - 3.001.10
10/4/2023OBB Rate1.00 - 1.301.15
Call Rate1.00 - 1.001.00
10/3/2023OBB Rate0.5 - 7.001.08
8-35 Days7.00 - 7.007.00
Call Rate1.00 - 1.001.00
9/29/2023OBB Rate1.00 - 7.002.20
Call Rate1.00 - 1.001.00
9/26/2023OBB Rate4.00 - 18.0011.48
Call Rate10.00 - 11.0010.14
9/25/2023OBB Rate4.00 - 15.0010.62
Call Rate5.00 - 8.007.59
9/22/2023OBB Rate2.00 - 8.004.59
Call Rate2.00 - 2.002.00
9/21/2023OBB Rate2.00 - 14.503.90
Call Rate2.00 - 2.002.00
9/20/2023OBB Rate1.00 - 14.503.98
Call Rate3.00 - 3.003.00
9/19/2023OBB Rate3.00 - 19.0012.14
Call Rate12.00 - 12.0012.00
9/18/20234-7 Days10.00 - 10.0010.00
Call Rate24.00 - 24.0024.00
OBB Rate8.00- 21.0014.22
9/15/2023Call Rate24.00 - 24.0024.00
OBB Rate21.00 - 26.0024.53
9/14/2023OBB Rate15.00-30.0024.61
Call Rate24.00-24.0024.00
9/13/2023OBB Rate18.50-30.0025.77
Call Rate24.00-24.0024.00
9/12/2023OBB Rate18.00-25.0022.66
Call Rate25.00-25.0025.00
9/11/2023Call Rate23.00-24.0023.50


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Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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