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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
2/1/2024OBB Rate18.00 - 24.7522.68
Call Rate23.00 - 23.0023.00
1/31/2024OBB Rate10.00 - 26.7522.21
8-35 Days20.00 - 20.0020.00
1/30/2024OBB Rate10.00 - 15.7514.67
Call Rate15.00 - 20.0017.40
1/29/2024OBB Rate10.00 - 23.0016.14
Call Rate14.00 - 14.0014.00
1/26/2024OBB Rate13.00 - 23.0017.47
1/25/2024OBB Rate15.75 - 24.0020.68
8-35 Days17.00 - 17.0017.00
Call Rate22.00 - 23.0022.62
1/24/2024OBB Rate15.00 - 22.0018.25
1/23/2024OBB Rate17.00 - 24.5020.86
Call Rate21.00 - 21.0021.00
1/22/2024OBB Rate17.00 - 24.0020.22
1/19/2024OBB Rate16.00-25.0021.55
1/18/2024OBB Rate15.00 - 22.0018.24
Call Rate19.50 - 19.5019.50
1/17/2024OBB Rate12.00 - 23.0018.89
Call Rate21.00 - 21.0021.00
1/16/2024Call Rate13.00 - 21.0015.92
Call Rate10.00 - 10.0010.00
1/15/2024OBB Rate8.00 - 24.0022.12
Call Rate24.00 - 24.0024.00
1/12/2024OBB Rate8.00 - 24.0015.91
1/11/2024OBB Rate21.00 - 30.0024.99
1/10/2024OBB Rate21.00-30.0024.08
Call Rate24.00-24.0024.00
1/9/2024OBB Rate4.00 - 12.006.38
Call Rate10.00 - 10.0010.00
1/8/2024OBB Rate2.00 - 10 004.32
Call Rate2.00 - 10 004.29
1/5/2024OBB Rate5.00 - 15.759.12
Call Rate1.00 - 10.001.00
1/4/2024OBB Rate10.00 - 15.0011.73
1/3/2024OBB Rate10.00 - 15.7514.05
8-35 Days17.00 - 17.0017.00
Call Rate15.75 - 15.7515.75
1/2/2024OBB Rate10.00 - 15.7513.85

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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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