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Data & Statistics | All CBN Publications

Money Market Indicators (In Percentage)
  - 2014
Month January February March
Inter-Bank Call Rate 10.00 10.50 10.50
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 12.00 12.00 12.00
Treasury Bill Rate 10.81 11.82 11.92
Savings Deposit Rate 3.27 3.26 3.38
1 Month Deposit Rate 8.21 8.41 8.30
3 Months Deposit Rate 9.29 9.48 9.47
6 Months Deposit Rate 9.40 9.60 10.14
12 Months Deposit Rate 9.04 9.30 9.30
Prime Lending rate 16.95 16.93 16.69
Maximum Lending Rate 25.52 25.83 25.80
       

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Note: The Bank replaced MRR with MPR on December 11, 2006

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Choose year to display. 2014 2013 2012 2011 2010 2009 2008 2007 2006
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Facts : 3/1/1970
ORGANISATION AND GROWTH:In March, 1970, the Board of Directors employed the services of W.H. Rozell (Junior), a consultant, to, among other things, review the existing structure and size of the Bank Departments. In the same year, Rozell proposed a new organisational structure for the CBN.
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