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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
4/30/2018Call Rate2.0000 - 2.00002.0000
4/27/2018OBB Rate2.0000 - 5.00002.5500
Call Rate2.50000 - 2.50002.5000
4/26/2018OBB Rate1.0000 - 5.00002.7300
Call Rate1.5000 - 1.50001.5000
4/25/2018OBB Rate1.0000 - 3.50002.2400
4/24/2018OBB Rate1.0000 - 4.00002.5000
Call Rate1.0000 - 1.00001.0000
4/20/2018OBB Rate2.0000 - 4.00003.0500
Call Rate3.0000 - 3.50003.3900
4/19/2018OBB Rate2.0000 - 8.00004.1300
Call Rate3.50000 - 3.50003.5000
4/18/2018OBB Rate1.0000 - 2.00001.8600
4/17/2018OBB Rate1.0000 - 3.00002.0600
4/16/2018OBB Rate1.0000 - 3.00002.2000
4/13/2018OBB Rate1.0000 - 3.00002.2500
4/12/2018OBB Rate1.0000 - 9.00002.9700
Call Rate7.0000 - 7.00007.0000
4/11/2018OBB Rate1.0000 - 3.00002.5100
4/10/2018OBB Rate1.5000 - 4.00002.8000
4/9/2018OBB Rate2.0000 - 4.00003.0800
4/6/2018OBB Rate2.0000 - 7.00004.0900
4/5/2018OBB Rate1.0000 - 9.00005.1500
Call Rate5.0000 - 5.00005.0000
4/4/2018OBB Rate2.0000 - 4.00002.7700
4/3/2018OBB Rate2.0000 - 10.00004.2800
3/29/2018OBB Rate3.0000 - 7.17005.0100
Call Rate5.0000 - 5.00005.0000
3/28/2018OBB Rate6.0000 - 12.00009.9200
Call Rate7.0000 - 9.00007.2500
3/27/2018OBB Rate13.0000 - 35.000023.2100
Call Rate16.0000 - 16.000016.0000
3/26/2018OBB Rate20.0000 - 50.000039.0400
Call Rate40.0000 - 40.000040.0000
3/23/2018OBB Rate7.0000 - 30.000020.3700
Call Rate 25.0000 - 25.000025.0000
3/22/2018OBB Rate4.0000 - 9.50007.5100
3/21/2018OBB Rate10.0000 - 30.000019.8100
Call Rate20.0000 - 20.000020.0000
3/20/2018OBB Rate15.0000 - 40.000029.3700


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Facts : 1/16/2006
The Cowry:The Cowry has, for centuries, served our people as an important form of currency. In 1860 the following system was in use: 40 Cowries formed a "String"; 50 Strings made a "head" and 10 heads comprised a "bag". In Lagos in 1865 one bag of 20,000 shells was exchanged for one or two English Pounds.
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