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Nigeria Lending Rates

Nigeria Maximum Lending Rate

2006 - 2018 | Monthly | % pa | Central Bank of Nigeria

Nigeria’s Maximum Lending Rate data was reported at 31.29 % pa in May 2018. This records a decrease from the previous number of 31.56 % pa for Apr 2018. Nigeria’s Maximum Lending Rate data is updated monthly, averaging 23.45 % pa from Jan 2006 to May 2018, with 149 observations. The data reached an all-time high of 31.56 % pa in Apr 2018 and a record low of 17.17 % pa in May 2007. Nigeria’s Maximum Lending Rate data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M003: Lending Rates.

Last

31.29

May 2018
Previous

31.56

Apr 2018
Min

17.17

May 2007
Max

31.56

Apr 2018
Unit

% pa

Frequency

monthly

Range

Jan 2006 - May 2018

Updated on 27 Jun 2018
Last Previous Min Max Unit Frequency Range

31.29

May 2018

31.56

Apr 2018

17.17

May 2007

31.56

Apr 2018

% pa

monthly

Jan 2006 - May 2018

Updated on 27 Jun 2018

View Nigeria's Maximum Lending Rate from Jan 2006 to May 2018 in the chart:

Nigeria Maximum Lending Rate

Series Details
Series ID

236274203

Name

Nigeria Maximum Lending Rate

Country

Nigeria

Frequency

Monthly

Unit

% pa

Status

Active

Source

Central Bank of Nigeria

First Date

Jan 2006

Last Date

May 2018

Last Updated

27 Jun 2018

Statistics
Mean

23.75

Variance

15.43

Standard deviation

3.93

Skewness

0.18

Kurtosis

-0.70

Coefficient variation

0.17

Median

23.45

Max
Apr 2018

31.56

Min
May 2007

17.17

Previous observation
Apr 2018

31.56

Last observation
May 2018

31.29

Number of Observations

149

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Nigeria Prime Lending Rate

2006 - 2018 | Monthly | % pa | Central Bank of Nigeria

Nigeria’s Prime Lending Rate data was reported at 17.08 % pa in May 2018. This records a decrease from the previous number of 17.24 % pa for Apr 2018. Nigeria’s Prime Lending Rate data is updated monthly, averaging 16.86 % pa from Jan 2006 to May 2018, with 149 observations. The data reached an all-time high of 19.66 % pa in Nov 2009 and a record low of 14.58 % pa in Nov 2008. Nigeria’s Prime Lending Rate data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M003: Lending Rates.

Last

17.08

May 2018
Previous

17.24

Apr 2018
Min

14.58

Nov 2008
Max

19.66

Nov 2009
Unit

% pa

Frequency

monthly

Range

Jan 2006 - May 2018

Updated on 27 Jun 2018
Last Previous Min Max Unit Frequency Range

17.08

May 2018

17.24

Apr 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - May 2018

Updated on 27 Jun 2018

View Nigeria's Prime Lending Rate from Jan 2006 to May 2018 in the chart:

Nigeria Prime Lending Rate

Series Details
Series ID

236274103

Name

Nigeria Prime Lending Rate

Country

Nigeria

Frequency

Monthly

Unit

% pa

Status

Active

Source

Central Bank of Nigeria

First Date

Jan 2006

Last Date

May 2018

Last Updated

27 Jun 2018

Statistics
Mean

16.92

Variance

1.02

Standard deviation

1.01

Skewness

0.56

Kurtosis

0.75

Coefficient variation

0.06

Median

16.86

Max
Nov 2009

19.66

Min
Nov 2008

14.58

Previous observation
Apr 2018

17.24

Last observation
May 2018

17.08

Number of Observations

149

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Maximum Lending Rate
Prime Lending Rate
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