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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
9/29/2023OBB Rate1.00 - 7.002.20
Call Rate1.00 - 1.001.00
9/26/2023OBB Rate4.00 - 18.0011.48
Call Rate10.00 - 11.0010.14
9/25/2023OBB Rate4.00 - 15.0010.62
Call Rate5.00 - 8.007.59
9/22/2023OBB Rate2.00 - 8.004.59
Call Rate2.00 - 2.002.00
9/21/2023OBB Rate2.00 - 14.503.90
Call Rate2.00 - 2.002.00
9/20/2023OBB Rate1.00 - 14.503.98
Call Rate3.00 - 3.003.00
9/19/2023OBB Rate3.00 - 19.0012.14
Call Rate12.00 - 12.0012.00
9/18/20234-7 Days10.00 - 10.0010.00
Call Rate24.00 - 24.0024.00
OBB Rate8.00- 21.0014.22
9/15/2023Call Rate24.00 - 24.0024.00
OBB Rate21.00 - 26.0024.53
9/14/2023OBB Rate15.00-30.0024.61
Call Rate24.00-24.0024.00
9/13/2023OBB Rate18.50-30.0025.77
Call Rate24.00-24.0024.00
9/12/2023OBB Rate18.00-25.0022.66
Call Rate25.00-25.0025.00
9/11/2023OBB Rate14.00-25.0023.03
4-7 Days25.00-25.0025.00
Call Rate23.00-24.0023.50
9/8/2023Call Rate20.00-20.0020.00
OBB Rate15.00-25.0021.70
9/7/2023OBB Rate3.00 - 8.504.60
9/5/2023OBB Rate1.00 - 10.002.95
9/4/2023OBB Rate1.00 - 6.002.40
9/1/2023OBB Rate1.00 - 5.002.09
8/31/2023OBB Rate0.5 - 4.001.30
8/30/2023OBB Rate1.00 - 5.002.66
Call Rate2.00 - 2.002.00
8/29/2023OBB Rate1.00 - 5.002.54
8/28/2023OBB Rate1.00 - 25.007.19
8/25/2023OBB Rate20.00 - 28.0024.52


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Facts : 7/1/1959
BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government.
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