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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
8/5/2020Call Rate9.00-9.009.00
OBB Rate6.00-10.009.59
8/4/2020OBB Rate6.00-11.009.76
7/29/2020OBB Rate0.50-2.001.22
7/28/2020OBB Rate0.50-2.001.50
7/27/2020OBB Rate0.25-2.001.41
7/24/2020OBB Rate1.00-3.001.65
7/21/2020Call Rate'2.50 - 2.50 2.50
OBB Rate1.00 - 4.002.15
7/17/2020OBB Rate10.00 - 30.0020.12
7/15/2020OBB Rate8.00 - 12.0010.74
7/14/2020OBB Rate9.00 - 13.0012.18
7/13/2020OBB Rate8.00 - 14.0010.84
7/10/2020OBB Rate10.00-20.0014.03
7/9/2020OBB Rate10.00-20.0016.42
7/8/2020OBB Rate13.00 - 25.0021.48
7/7/2020OBB Rate13.00 - 28.0023.49
7/6/2020OBB Rate10.00 - 27.0020.07
7/3/2020Call Rate18.00 - 18.0018.00
OBB Rate15.00 - 30.0021.88
7/2/2020Call Rate2.00 - 2.002.00
OBB Rate1.00 - 5.002.23
7/1/2020OBB Rate10.00 - 16.0012.68
6/30/2020OBB Rate13.00 - 16.0015.66
6/29/2020OBB Rate13.0000-17.000015.69
6/26/2020OBB Rate11.00 - 18.0016.09
6/25/2020OBB Rate14.00 - 19.0016.57
6/24/2020OBB Rate11.00 - 18.0016.39
6/23/2020OBB Rate14.00 - 18.0015.54
6/22/2020OBB Rate10.00 - 20.0015.28
6/19/2020OBB Rate10.50 - 25.0016.99
6/18/2020OBB Rate1.50 - 15.003.28
6/17/2020OBB Rate5.00 - 11.009.01
6/16/2020OBB Rate4.00 - 9.007.30
6/15/2020OBB Rate4.00 - 10.006.00
6/11/2020OBB Rate4.00 - 15.009.74
6/10/2020Call Rate14.00 - 14.0014.00
OBB Rate12.00 - 16.0013.87
6/9/2020OBB Rate12.00 - 16.0015.48
6/8/2020OBB Rate14.00 - 18.0015.83


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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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