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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
12/30/2022Call Rate10.00 - 10.0010.00
12/29/2022OBB Rate9.50 - 17.5010.15
12/28/2022OBB Rate9.50 - 17.5010.90
12/23/2022OBB Rate9.50 - 17.5014.69
Call Rate16.50 - 17.0016.75
12/22/2022OBB Rate9.50 - 10.009.52
Call Rate9.50 - 9509.50
12/21/2022OBB Rate9.50 - 13.009.62
12/20/2022OBB Rate9.50 - 10.509.67
12/19/2022OBB Rate9.50 - 11.009.77
12/16/2022OBB Rate9.50 - 12.009.96
12/15/2022OBB Rate9.50 - 17.5011.22
12/14/2022OBB Rate14.00- - 17.5016.11
12/13/2022OBB Rate10.00 - 17.5013.83
12/12/2022OBB Rate10.00 - 17.5015.50
12/9/2022OBB Rate9.50 - 17.5014.97
12/8/2022OBB Rate9.50 - 15.0010.91
12/7/2022OBB Rate9.50 - 13.0010.76
12/6/2022OBB Rate9.50 - 13.0011.13
12/5/2022OBB Rate9.50 - 17.0011.97
12/2/2022OBB Rate9.50 - 17.5011.33
12/1/2022OBB Rate9.50 - 9.509.50
11/30/2022OBB Rate9.50 - 17.5010.26
11/29/2022OBB Rate9.50 - 17.5014.00
11/28/2022OBB Rate12.00 - 17.5014.68
11/25/2022OBB Rate9.50 - 17.5012.31
11/24/2022OBB Rate9.50 - 17.5010.30
11/23/2022OBB Rate9.50 - 17.5015.72
11/22/2022OBB Rate15.00 - 17.5017.01
11/21/2022OBB Rate16.50 - 16.5016.50
11/18/2022OBB Rate15.50 - 16.5016.34
11/17/2022OBB Rate16.00 - 16.5016.46
11/16/2022OBB Rate15.50 - 16.5016.47
11/15/2022OBB Rate15.00 - 16.5016.47
11/14/2022OBB Rate8.50 - 16.5015.68
11/11/2022OBB Rate8.50 - 16.5013.17
11/10/2022OBB Rate8.50 - 14.009.07
11/9/2022OBB Rate8.50 - 12.008.88
11/8/2022OBB Rate8.500 - 10.008.57
11/7/2022OBB Rate8.50 - 12.008.63

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Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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