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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
1/26/2021Call Rate5.0000-5.000605.0000
OBB Rate3.0000-10.00005.6800
1/25/2021OBB Rate0.50-14.008.18
Call Rate7.00-7.007.00
1/22/2021OBB Rate0.10-5.000.93
Call Rate2.00-2.002.00
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


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Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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