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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
1/20/2021OBB Rate0.1000-0.50000.42
1/19/2021OBB Rate0.2000-0.50000.48
1/18/2021OBB Rate0.25-1.000.54
1/14/2021OBB Rate0.05-3.001.11
1/13/2021OBB Rate0.25-4.001.73
1/12/2021OBB Rate0.50-10.007.98
1/11/2021OBB Rate0.50-12.007.62
1/7/2021OBB Rate0.10-1.000.37
1/6/2021OBB Rate0.05-1.000.37
1/5/2021OBB Rate0.05-0.500.41
1/4/2021OBB Rate0.20-1.000.63
12/31/2020OBB Rate0.03-2.000.86
12/30/2020OBB Rate0.05-2.000.51
12/29/2020OBB Rate0.15-1.000.42
12/24/2020OBB Rate0.05-1.000.43
12/23/2020OBB Rate0.05-1.000.37
12/22/2020OBB Rate0.15-1.000.43
12/17/2020OBB Rate0.25-4.000.85
12/16/2020OBB Rate0.30-3.000.63
Call Rate1.00-1.001.00
12/15/2020OBB Rate0.25-3.000.63
Call Rate1.50-1.501.50
12/14/2020OBB Rate0.25-3.000.91
12/11/2020OBB Rate0.25-2.000.80
12/10/2020OBB Rate0.25-3.000.94
12/9/2020OBB Rate0.25-1.000.59
12/8/2020OBB Rate0.25-3.000.58
12/7/2020OBB Rate0.75-5.002.01
12/4/2020OBB Rate1.00-10.003.91
12/2/2020OBB Rate0.25-1.800.50
12/1/2020OBB Rate0.23-2.000.72
11/30/2020OBB Rate0.50-3.001.16
11/26/2020OBB Rate0.25-4.001.13
11/25/2020OBB Rate0.25-2.000.53
11/24/2020OBB Rate0.25 - 4.001.44
OBB Rate0.25-2.000.70
11/20/2020OBB Rate0.25-7.003.46
11/19/2020OBB Rate0.25-2.000.75
11/18/2020OBB Rate0.10-1.000.47
11/17/2020OBB Rate0.15 - 1.000.43


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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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