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Money Market Indicators (In Percentage)

Money Market Indicators (In Percentage)
  2013
Month January February March
Inter-Bank Call Rate 11.67 11.98 10.39
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 12.00 12.00 12.00
Treasury Bill Rate 11.17 9.90 10.17
Savings Deposit Rate 1.69 1.72 1.77
1 Month Deposit Rate 8.43 8.09 7.95
3 Months Deposit Rate 8.87 8.30 7.99
6 Months Deposit Rate 8.56 7.76 7.43
12 Months Deposit Rate 6.09 5.67 6.09
Prime Lending rate 16.57 16.56 16.61
Maximum Lending Rate 24.54 24.60 24.49
       

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Note: The Bank replaced MRR with MPR on December 11, 2006

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Facts : 7/24/1958
First Governor of CBN:Mr. Roy Pentelow Fenton was appointed the first and the only expatriate Governor of Central Bank of Nigeria. He served from July 24, 1958 to July 24, 1963.
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